Secret of how Taiwan got rich

Every generation needs a revolution - an entrepreneurial revolution A deeper understanding of why and how Taiwan got rich. The different system of Japanese colonization. Japan early on helped them become industrialized

Musk to exit EV market and in 2026 come out with fuel cell cars

Every generation needs a revolution - an entrepreneurial revolution

Seeing the fierce competition from Chinese EVs especially BYD, Musk plans to exit the EV industry and instead move into the fuel cell technology.   Which would be less polluting and  more eco friendly.   Probably too because of the shortage of the battery material the production of which is polluting and not so environmental friendly

Tesla to switch to Hydrogen cars, no more electrics

Why is outsourcing/offshoring such a good business idea

Every generation needs a revolution - an entrepreneurial revolution

BPO has been a great business driver in the Philippines for the BPO business itself office buildings for the BPO, transportation, rental housing units for the workers, for leasing companies (for computers and office equipment) and real estate companies.

Many of the billionaire companies have huge office complexes for the BPO especially RLC and SM

Why, what are the benefits for BPO

     1.  Lower cost as much as 100% cost reduction for labor.   A P20,000 starting pay for call center agent is less than $400.00 at P58+ exchange rate

     2.  The one outsourcing is freed of the increasing cost of labor:  health insurance, retirement

     3.  It can focus on its core business.  

     4.  It frees up real estate in the expensive properties for other more value added activities.  For example

          in a hospital, a laundry room will be used for board and lodging  if laundry was outsourced

     5.  Above all, it window dresses the ROI as per Du Pont Formula

         Net income/Sales     /    Total sales/Total Assets    x    Total Assets/Total Stoch holders Equity

        As you can see, reducing the total assets increases the quotient for Total Sales/Total Assets

        Resulting in over all ROI

        The method for the asset reduction would be  something like this

        An FMCG company just bought a computer system worth  $300 million.  It sells back the 

        computer to the supplier and enters into long term contract to outsource the computer work

        at an X amount per transaction say $050 or $1.00.  

       How much increase in ROI (the Du Pont formula would result if $300 million were removed  from

        its books.   It would be $300 million wealtheir

      How would this affect the analysts perception of the company?   How would it affect the valuation

      of the company if it was cash rich