Showing posts with label problem solving. Show all posts
Showing posts with label problem solving. Show all posts

Saturday, July 13, 2024

What do you do when there are seemingly insurmountable obstacles to a project proposal - do you give up.?

Every generation needs a revolution - an entrepreneurial revolution

This post did just that when a good project in the north lurched into freezer status after a spat between investors in our group had conflict with the land owner in the spat.   It was over.

However, the land owners wanted to continue.  So much was expected by them and the community expected the project.

So options were entertained:

1.  They mortgage the property and obtain funds for starting the project
2.   Get a developer who can pull off the project

Yesterday, we were able to find a contractor and who has a funder.  The funder will get 1000% ROI per year or 22,000% ROI for the life of the project.

So many people will be benefitted by the project.   Including those who will be scheduled for the great beyond.   Even for an elderly determination alone works.   

Many mindsets are prepared when they handle existing businesses, and are not prepared for failures and obstacles.   An entrepreneurial mind is adept, flexible and constantly seeking solution.   

Friday, June 7, 2024

Evaluating a site, land for possible business venture - thinking out of the box

Every generation needs a revolution - an entrepreneurial revolution

We went on a 100 km trip to municipality in Calabarzon with a population of 130k.  There are tree similar establishments in the said municipality with 1/3 of their inventories still unsold.   it is 20 km to nearby major city.   

When we arrived at the site, I was dismayed:  the property is some 1.2 km from Maharlika highway.  The Right of Way was narrow.  The proponent said it is near existing govt and religious establishment.   Getting a passage would look like a challenge.  There is a big option to buy a right of way but it is opposite a big housing project

We went to the religious and govt establishment and soon I began to get a clearer picture of the opportunity.  

We will not position the project as a high end project but something for the masses.  And the prices will be competitive.   We will have 4 types of products and the passage through the two established businesses will not be a first priority but as an added +   

We will secure the following data/approval;

1.  Endorsement from the barangay;
2.  Right of way from the 1 hectare property near housing project;
3.  Pricing data

If you think like you are in prison and you have to find out how to escape, and how to free yourself from a prison term, then you can find creative ways to solve a problem.

I think the land owner was happy.  Since he was a contractor, he can opt to be the land owner and developer himself, with us just giving him guidance and management of the project.


Monday, June 23, 2014

Kepner Tregoe Problem Solving Technique Stil lWorks

Rizal  Philippines  |  June 23, 2014

Yesterday, I had the opportunity to watch an air crash investigation at Nat Geo.  The episode  is about a Air  New Zealand Airbus 320 that crashed off the coast of France, on a acceptance (test flight) for no apparent reason.  Since it was on acceptance flight, it was supposed to have undergone thorough overhaul checking.

However, the investigation was able to probe/determine the cause of the crash by comparing the normal and the abnormal (what is what is not, where is where is not)