Getting to know you meeting yesterday with a prospective JV partner

Every generation needs a revolution - an entrepreneurial revolution

It rained really hard at around 1 pm to 1:30.   And we had a scheduled 3 pm meeting at Megamall for proposed business deal.  My shirt and pants were wet.   Fortunately there was a let up in the rain.  The skies cleared up.  I could not contact the companions /parties to the meeting.

This post arrived at the meeting at slightly past 3.  The landowner was there;  the agent and son were there.   The project officer, my son in law was there on time.   

We said:

1.  That it is going to be a good deal for the land owner:

     1.  In a jv their revenues rise with the increase in prices;

     2.  They would be getting more vs their current agri use; which has been at most only P60,000 per year

          (two harvests only)

     3.  There is a dearth of inventory at the city

     4.  The prices of the product is high (130k for lawn, 800k for 15 sm )

     5.   We can have multiple products and they can have the  same share

2.  That it is nice to see very young people who own land who can be millionaire before the age of 40

3.  That it is good for the barangay the munisipyo and the residents of the city

4.  If you are gambler, you will see a lucky set of cards

    3L     Loreto Luis and Lising

    4J       2Jr Jorge   St Joseph

    4B     Bacallo, Banogon,  Bosco, Billionaire

PANALO

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.