Thursday, June 8, 2023

Trust no one, only the Paranoid survive

Every generation needs a revolution - an entrepreneurial revolution

Ever experienced having a mine salted ie that the property to be bought is really golden due to rosy picture being painted but in reality, the project is devoid of value.

"In mineral exploration, salting is the process of adding a valuable metal, especially gold or silver, to a sample from a mine to change the value of the sample with intent to deceive potential buyers of the mine".

During the negotiation for a memorial project, one of the agents presented a list of 150 supposed buyers But when the project was being marketed none of the 150 proceeded to buy and the agent is now singing a new tune.  Before he was saying that these buyers were turned back because  the ongoing negotiation.  But now a development is needed so that buyers would move. So it was just a list and this post fell for it.  Now that the agent has gotten his commission

Talk about integrity and keeping your word.   This leaves a bitter taste and bad rap for belief in what people say.  

Philippines seen as emerging manufacturing hub together with Bangladesh and Vietnam

Every generation needs a revolution - an entrepreneurial revolution

Philippine is upbeat with fantastic 6.4% QI performance.  Add to this is the news that according to report
of BMI a Fitch Solutions company that Philippines is emerging as manufacturing hub together with Vietnam and Bangladesh.  This is due to improvement of supply chain (before the pier congestion brought about by BOC challenges) created bottlenecks and upgrading of manufacturing skills and capabilities

We have seen the exit of manufacturers from China and where do they migrate to?




Some quarters even place Philippines as No. 29 in GDP performance

Friday, June 2, 2023

Importance of managing communications and expectations

Every generation needs a revolution - an entrepreneurial revolution

1.   In a business, we try to communicate very hard the product, the timelines, the business concept, but it seems that we cant get the message across to the guys who are only thinking of their selfish motives:

     1.  To get a commission from big deal;
     2,   To sell other properties even if the one desired was not delivered;

2.  In  a deal, we were being rushed.  However, the necessary requirements , one of them would be available only by June 20.  We cant be rushed.