This power company, a DUI is outsourcing its lineman team

Every generation needs a revolution - an entrepreneurial revolution

The MM power company was acquired by a famous local tycoon with practically nothing of his own money.  The DP was borrowed from a bank (which he partially controls) and paid immediately after an IPO of a holding company.  The balance of the purchase price was paid for by the cash flow of the company.  Smart eh.  (Classical case of smart acquisition taught by Finance Professor who heads a big insurance company)  Therefore he has to pamper his linemen

But the DUI has been bought by a smart guy and now does not do that.  He practices attrition and now outsources most of its line work through the line companies established by retired linemen  (mostly supervisors)   In our town, there at least 3 such companies.   They hire linemen at much lower pay, (no health or retirement pay?) and executes JO for every line installation or trouble.   Part of retirement pay went into installment sales of old vehicles and equipment  -  smart way of disposing old assets.    

Real smart guy at the top

What is the contribution of this post to nation building?

Every generation needs a revolution - an entrepreneurial revolution

May be not much.   Or none or if there is very little.  Anyway, Larry Farrel, an entrepreneur guru says we only need a little of:   money, resources.  But we need tons of passion and dedication.  

We have had maybe less than a thousand students at GSB taught this subject, and motivated by the teaching.  There are thousand posts, and they are free to anyone.   Many power  point shared via Linked in/slideshare.    Seminal jobs for free probono Go Negosyo caravan.  

According to Sadhguru, many things on this earth are germinated by thoughts.  And many thoughts we shared for free over the net.   

We trained many employees too.   And had free posts on our business.  

Misibis Bay Resort - vlog on most expensive room (sponsored)

Every generation needs a revolution - an entrepreneurial revolution

They did a better job of documenting the resort where we went to last Monday until yesterday.   We could only afford the discounted least priced room.

Their presidential suite is $3,000 per night.  With own guest room, powder room wow, Bay view.   Really for those who have money to burn.   

Some background:

It is owned by Sunwest Corporation which is owned by Zaldy Salcedo Co.   He is head of Ako Bicol Party List.   (And Father of Kito Co ka team up ni Joey Salcedo.)   Zaldy heads the powerful appropiations committee which allocates funds for construction of major infrastructures.