Wednesday, May 31, 2023

JV again

Every generation needs a revolution - an entrepreneurial revolution

A business acquaintance called me yesterday from a tourist island province.   She informed me that the botched land purchase we had (due to competition) is not proceeding smoothly.  Apparently the same problem we had was encountered by the mogul buyer, a big name in the industry

We dont mind this though because we a have jv in a tourism city in the north and it could be jv.

So the business partner informed me that to avoid the competition in the island province, we would shift to an AB market say 3 to 4 hectare and probably jv.  

A jv would be preferable because you save the cash flow for land acquisition and you can proceed right away with development and construction.    The landowner is assured of continuous source of income and becomes part of price increases

We hope we can be successful in both

Nostalgia marketing

Every generation needs a revolution - an entrepreneurial revolution

So that the records company can inject fresh life into old records:   they had throwback, flashback programs in radio stations.

Now lately we see a lot of so called nostalgia marketing -  ie remarketing of old products sold decade/s ago.    Old cellphone, old sewing machine, antique furniture;   old houses.   Iconic design

For people who long for yesteryears.  For those where the days.  

Innovation - new business from payment platform

Every generation needs a revolution - an entrepreneurial revolution

Last Tuesday, we went to the North passing by SCTEX TIPLEX.  It was too late to discover that we

did not have load for particular sector.  The gate bar let us through anyway  with a credit indicated.  So without further delay, we had the RFID loaded which was immediately paid with the load.  It dawned to this post that the platform is practicing a lending operation to a captured market.  Soon the platform will make the load interest bearing,  And the credit will become a lending platform to the captive market using the expressway.  

Very soon the banks will face a competition, very soon BSP will have to regulate these platform.  Very soon scams involving such business practices will boom

We have seen this with GCash which is now into interest bearing loads, and loans for temporary loss of loads.  We have seen this at Lazada.  The L wallet is the start

We live in a different world and thus think really really out of the box