Talk about buenas

Every generation needs a revolution - an entrepreneurial revolution

Today I ate at a point point in Mambog.  There were no customers.  However as soon as I started drinking my 3 in 1 coffee, customers started to arrive. The pansit container almost became empty. 

My brother in law told me (he is now sickly) that when they used to have carinderia, they liked that I come and or eat because they sell plenty and no stocks remain.  

Perhaps it was they call as law of attraction.  The Secret.  Because perhaps I have been helpful to others I am not selfish.  I made many people rise up and  become wealthy.  The point of being a door mat

The numbers dont matter; its the integrity of the parties that count

Every generation needs a revolution - an entrepreneurial revolution

This post could be seen as a rant and does not promote friendship but take this as an advice and as a learning experience  as a lesson:

1.  A 500 sm property which we intended to buy as part of the project was pulled from under our rug.  I dont know what went wrong.  Was our agent sleeping or did not believe a a word we were saying. Or some people lack integrity

2,   A 2,600 sm has been idle for the last 3 years and was offered for sale.   We all ready offered an x amount  a 50% dp and balance payable in 6 quarters.     They countered a 60% dp, and balance payable

monthly.   We cant advance anymore     People do not have buyers and when they do have, ask for the skies

3.   A 9,400 sm was offered in a depressed area.   The terrain is depressed too. It is an EJ property (being

owned by a deceased parent)   It can only be passed to low income buyers and needs a new entrance.  There is daw.  Just waiting if really there is a new access road to the main road.  

More retail stores being established in PHL despite closing trend in US

Every generation needs a revolution - an entrepreneurial revolution

As this post travels and bikes, it is observed that the construction of retail convenient stores is on the rise.  The experience of this post is that retail margins are paper and even blade thin. Couple this with high

power costs  high labor costs due to night differential, security cost and theft from shoplifting and you can see that risks are high.

Or the business model is that of a convenience stores where margins could be 15% to 20%

See the folding up of many retail stores in US closing by the thousands (being replaced by on line stores)

Is the situation in the Philippines markedly different.?   Will the stores survive?