What should the starting point of business be: resources or opportunities

Every generation needs a revolution - an entrepreneurial revolution

On our way to a buffet celebration in a spot near Roxas boulevard,  I saw many commercial building newly built with FOR RENT/LEASE SIGNS.   What happens when there are no takers, lessors, tenants.  Unproductive investment.  

The way we were made to understand and teach the entrep students was to seek opportunities first then provide the resources/production facilities.  

Hence we have the exercise known as serendipity walk, where the student is asked to walk as street and list down as many opportunities as he can see.    Some come out with several dozens and discover that they can be a consultant to those seeking business to establish.  

What do we call person who can see things that are not there?  Visionaries...  right....

One time we asked a Sales Manager of a multi storey condominium in front of a mens Univesity, why the condo was put up?  She said because he has too much money.....

Well what about those who have little capital and borrowed much.  Its a disaster.  

So the next time you put up a building, be sure you have a list of business needed in the area where you are putting up a building   No need to seek for tenants later on with the FOR RENT sign.  

Is offering a real estate to a religious minority a sound business?

Every generation needs a revolution - an entrepreneurial revolution

An acquaintance was toying with the idea of offering a real estate project to a religious minority so that they do not go home anymore to their provincial home to satisfy this need.   His advantage will be that he will have a tax free income and exemption from a license from govt agency if he ties up with the group.

However the provincial population here of the minority is only 17,000.   For entire MM it is 105,000.

Will this target market be enough for his venture if  he has 13,000 inventory.  Can they afford his price of P50,000.?

Shall he push through with his project?

Possible business, business deal in an island province

Every generation needs a revolution - an entrepreneurial revolution

A business colleague was kind enough to visit us today and meet up in Makati, as she pursues her duties as an officer of financial institution.  This is going to be part of her vision to provide mansions as mentioned in John 14 - 2:3.

It is going to be near an existing business, 4.4 hectares in area.  But its going to cost us in the high 4 numbers but we can get high selling price, the inventory being in such short supply in the area.  The area is only 5 km from the main city proper, and the airport.  

Its going to be positioned as a high end market (for the GE market) more luxurious more defined features.  

The only obstacle to the projects are:    1.  salability  - can we sell at P100K in 4 to 5 years. 2. can we have funds to cover the good 9 numbers selling price  (albeit small dp, 4 years qtrly payment.

Good luck to us.  Fortunately it rained hard as I was going home.