Saturday, May 13, 2023

Difference between an entrepreneur and project officer/assistant - business vision and insight

Every generation needs a revolution - an entrepreneurial revolution

It really pays to have really gone to a business school and studied strategy and visioning.  

In the business, I was called out by a business assistant, project officer because of the seeming lack of concern of  cost and loss in the hard asset sales portion of the project.

He was right, because the loss was listed at the sector.  However we would make up at the services portion of the project:   interment, cremation, ash crypt sale ,chapel services

The subdivision projects from whence the said individual was honed in  is entirely different from the memorial business where we in now.  The loss , the low price of the hard assets, will let the foot in of the customer to buy from us services which were more profitable.   

The subordinates in the business must, as we studied earlier in grad school answer the question:  Who has the business insight?

Definitely not the young ones who assume they know everything and are smart enough to navigate business strategy.   The battle scarred veterans do. 

Just a handshake for business deal between fellow alumni

Every generation needs a revolution - an entrepreneurial revolution

This post met a Chinese businessmen, who together with 2 others are engaged in real estate development.
The meeting was arranged so that we can possibly be partners in subdivision projects which no longer our expertise, we having shifted since 1997 (the Asian financial crisis) to memorial park development (that is almost 26 years)

This post emphasized that in one of our projects in West Visayas, a joint venture partners we simply shook hands and he said we can start anytime, since we both graduated from same school, hence there is no need
for security.  

How we wish it could be done that way.   Other mature businessmen say, trust no 

SMC building a 15 Km superbridge between Batangas and Mindoro

Every generation needs a revolution - an entrepreneurial revolution

SMC on a PPP business arrangmene with province of Mindoro is planning to build a 15 km super bridge between Mindoro and  Batangas.    The bridge will start from Ilijan Batangas,  (6.5 km) up to Cape Verde Islands, and from Cape Verde Islands to Puerto Galera (8.5 km).   It is going to be a pontoon design, and will cost

This will improve trade in Southern Luzon (between Batangas and Mindoro) create jobs, investment opportunities. and shorten the travel between Mindoro and Batangas to only 30 minutes.   (vs 1hour or more via boat ride)

SMC has met with leaders of Mindoro about the project, and SMC president has brought in European experts to study the feasibility of the bridge.   The study of water depth alone will take about two years