How do you create value? Why are there value added taxes?

Every generation needs a revolution - an entrepreneurial revolution

Perhaps our understanding of value and wealth creation are vague, at the basic principle level.  All that we understand is value =  PHP = cash.

Entrepreneurs create value.  Innovation is raising value from lower level to a higher level.  So when a rund won property earns P5,000 a month, and renovation makes it earn P100,000 a month that is creating value

Value is created when a product or system meets or satisfy a need.  When what pisses of the customer is solved.  When the pain point of the customer is removed.  What the provider demands as a compensation, and what the customer can afford is the transactional value.    So how do you charge for  a knee operation:   P5,000, P50,000, P100,000 or P200,000.  

It is to be unerstood that when we reveal as a salesperson how a prdouct service or system lessens pain, makes the customer gain, then the saless person create value.  The sales presentation, the sales letter, the ad creates value.  The creation of sense of need and urgency, (scarcity) adds value to the product, service or system

What you invest in yourself ;   the skills knowledge, the solution learned create value.   It is the real wealth.  

Closing a deal at 6 numbers only, congratulations to the team

Every generation needs a revolution - an entrepreneurial revolution

This follows Peter Thiel truism  -  from zero to one.  Having something from nothing. Pure entrepreneurship.   

But this one required money.  The guy a contractor to whom the deal was passed on two is being egged to move up from being a techie man to be a businessman.  

The team encountered many problems:    1. failed financiang in the beginning  2.  failed financing the second time,   3.  selfish team members. and who are irresponsible -  they failed to deliver their promise of financing twice, and yet made sure that they got their written commitments for packaging fee.  

But finally the deal was done and lately what we heard is that the new CEO is getting  an inquirty for 5 to 20 million investment.   Because of the signed deal.  It is now bankable

I hope he gets this.    

But they have just begun:

1.  Gather docs

2.  Secu re approval from LGU, from NIA, DAR

3.  Condcut pre marketing activities.  

4.  Generate funds

5.  Get plans SDP leaflets, marketing collaterals ready.

6.  Secure ROW docs

7.  Commence some site development

GOOD LUCK MORE POWER TEAM

Go go go

Free posts helped others start a business, and even their teaching career

Every generation needs a revolution - an entrepreneurial revolution

This post shared freely ppts on entrepreneurship via slideshare.  He also had posts about his particular business. While in travel abroad, he encountered some tourists.  One of them was a professor at a State University.  After getting to know, he said that he used some of my ppt in his class.  That was great to be a reference.   When I reviewed some of the most important ppt on entrepreneurship, many of them had thousands of view world wide.

And then I learned that a boss in a memorial park project in Southern Luzon in a recruitment interview,  relied on my post about making a business plan for this business. Isnt that great.  

For both cases, this post did not get paid.   However, Dan Millert, said that you shouldl give some of your best work, ideas for free   You should help others get free.  However, for coaching, workshop, ftf seminars, you should get paid as much $10,000 per day.  (Some I know charge $2,000 per day)

For Go Negosyo, for caravans, and even one on one mentoring, they were pro bono.  

I had planted the seeds of prosperity