Why should you hate gold, diamonds, crypto, stock trading as an avenue for creating wealth

Every generation needs a revolution - an entrepreneurial revolution

Hoarding speculating on gold, precious metal, raw land, cars is not a good way to create wealth.  Because they do not grow, do not do anything to improve our life on earth.

A good business multiplies, makes life easier, produces thing we need.  Thus engaging in agriculture, food production, construction build wealth, Improve our living condition, appearance and condition of the earth.

It makes sense to buy land even though at a high price when you have project for this.

It does not happen to gold to bitcoin.   

Is this your same belief?

Met the owners of Villa Sophia yesterday - resonated with his business principles

Every generation needs a revolution - an entrepreneurial revolution

Had a two hour meeting  or rather a kuwentuhan with the owner of Villa Sophia, a doctor a Philippine in gastroenterology.  He used to be the President of their association   He hails from Calapan Mindoro (where we happen to have business too).  He said that the business of his aunt, Divine Mercy pours profits into a foundation which helps people of Calapan

He says that his resort (and he wanted to acquire property for parking and events  -  800 sm of our property) is meant to make visitors happy.   Profit comes next, not the other way around.   

He is very meticulous on maintenance of the resort.    See the video

What is the size of food industry in the Philippines?

Every generation needs a revolution - an entrepreneurial revolution

It is a huge market but competition is brutal.  There is possibility of waste and spoilage.  Since there is no barrier to entry, every body can enter into the market and be a competitor.   Supply chain infrastructure can wreck havoc on the business as well as Acts of Nature like floods, typhoon earthquake, kotong policeman and the like.

I have seen presentation where a a multinational packaged food company sells $1billion worth or P50 billion a year   That was a decade ago;   maybe they are selling twice as much $2 billion worth.

A fastfood company sells about P200 billion worth annually. 

Would you like to be in this market?  

From PSA

From PSA

What is the revenue of the food industry in the Philippines?

Restaurants and mobile food service activities industry group contributed the largest share to the total revenue and total expense. The total revenue generated by the section amounted to PhP 556.62 billion in 2021, recording an increase of 4.1 percent from the PhP 534.53 billion total revenue in 2020.Oct 3, 2023