Showing posts with label monetize. Show all posts
Showing posts with label monetize. Show all posts

Saturday, October 31, 2026

Were we hypocrites, as asked by a student, a Dr at MBA program, for asking them to monetize their profession as business, but at the same time practice kindness and spirituality

Every generation needs a revolution - an entrepreneurial revolution





This post had to grapple with this question from a student in a MBAH program where he questioned our quest for entreprreneurship  and at the same moderate and be spiritual -   to moderate greed and  be kind.  Are we professors, professing this kind of thinking hypocrites?

The student drives a sports car and ophthalmologist and a bone surgeon posed a question on value-  how much should a kneee replacement cost  P50,000, 200,000, 500,000 1 M.  Pricing is a value creation.  How much depends on how the patient  needs the procedure and how much he/she can afford.  Any price, without competition is a good price.   Especially if we compare it to foreign pricing, a P500,000 knee operation ($10,000) would be cheap but very expensive heare.   

Indeed this is a very defficult question for us teaching MBA in a Catholic U to answer the question.   Lately health services went up and when MVP tried to rationalize hospital care by acquring MD hospitals prices were standardized -  to be higher than usual, so he paid good money to Drs hospital.   

But we know for  a fact that Drs are used to the idea of giving the poor patients their baon and even their samples so that the indigents can get good medical care.  I even overheard when I was in pharma, that Dr.s regularly treat indigents pro bono.  

Being kind and generous excercising Christian faith, exercising judgment is something grad school cannot teach.  It comes from freedom to decide to judge....

Tuesday, July 23, 2024

Mastery of opportunity

Every generation needs a revolution - an entrepreneurial revolution

An entrepreneur must master opportunity.  What is an opportunity?   It is time space where you can make:
     
      CASH
      ANDA
      PERA
      PHP
      AREP

This is now what they call as monetizing your hobbies, interest, your parssion

An entrepreneur must not be shy to make money, to desire money, to make lots of it.  If you listen to 
the saying that money is the root of evil, what does it profit a man.... Then you cant make it.

We need money to survive, to pay for our food shelter and clothing.  That is why we look for a job.  That is the ultimate goal of our studies.

While in high school, I had a hobby, and it was a losing hobby.  I took pictures of school events of weddings Of course I spent on film and developing.  I gave away most of the pictures.   My class mate urged me to collect and ask for payment and do not be shy.   When you are a mature entrepreneur, you must not be shy to raise your prices, or ask for more in a negotiation.   The one who survives on this earth is someone who can tell others what he wants.

To address OPPORTUNITY  you must:
    
      1.  Seek  -  doing a serendipity walk, look at franchies -  ie business that is dissimilar to others
      2.  Scan/screen  -  evaluating what fits your skills and interest
      3.  Seize  - writing your business plan and starting it.  Seizing the day

Its like writing:
      1.  You scan what is trending
      2.  You select articles that interest you or are related to your themes
      3.  Then you write about it.

I all ready lost my power point presentation on this topic.  I shared this with Slideshare/Linked it.  But they monetized this.