Showing posts with label dormant. Show all posts
Showing posts with label dormant. Show all posts

Monday, April 3, 2023

Our presence could be a catalyst in the market

Every generation needs a revolution - an entrepreneurial revolution





We were invited to put a business in a major highly populated  city  in an island province, and  we together with the family went there on a BIB2 trip.  We inspected the site.    We concreted the plan to go into the  business -  we lined up the  financing and the strategy to acquire the  land needed for the project.  

However  we soon learned that a competitor asked for the  papers and requested for the  meeting with the  seller.   We bidded low having seen a creek at the middle of the land.

The competitor bought the land at a much higher price including the creek   The 5 year nego before did not move.   And now

Did our presence catalyzed the  closing of the  dormant deal?