A smart sharp traveler from Cebu saved a hotelier in Makati

Be better than before, than yesterday...

Read from Mashabook.   

A businesswoman from Cebu stayed in a hotel overnight in Makati and was being charged P4,500 for the overnight stay.  She asked how come.   The receptionist said the price included  breakfast, use of gym and swimming pool  However she said she did not use the facilities and why would she be charged for this Also she was doing business advisory and consultancy for the hotel.  Because it is not being used she is not charging for it

The owner, boss of the hotel heard the commotion, asked what was happening and apologized for the misunderstanding.  He just said it is on the house.

The lady overhead though that it is the end of the month and they would not be able to pay the rent of the building.

Lady q -  How much is the rent?

Answer   P2,000, 000 per month

Q:    How many total rooms and how many are occupied

A:    80.   Only 35 are occupied

Lady:   Suggestion

   1.  Tie up with car wash repair shop to tie up with hotel at P1,500 per room.    If you have 10 car wash

        enrolling for 10 each that is P150,000 +   x 30  =  P4,500,000

  2.  Offer unli voucher for P20,000 for frequent travellers.  Aim for 1,000 subscribers.   Thats 20 m!

    Thats a lot of addition to revenues and cash flow that will solve your rental problems

Did the lady earn her P1,000 freebie?  What do you think of this unique ideas?  Innovative, amazing to solve both marketing and financial issues.  

Will you able to think of similar strategies/moves, bordering on tricks or scams.?   Or regulatory limits

Taking on brilliant, superb deal (albeit risky) THE BAR

Be better than before, than yesterday...

Some of the better businesses are in entertainment and what could be better than the bar where students, workers, and the elite gather at night to relax and be entertained.   But how do you acquire man

From Mashabooks:

A millionaire lost all his money and had P40,000 left.  But he has still an Armani suit with him.  He went into a bar and thought of how he can recover if he invests in a bar.  He toyed with the idea of investing in a bar.  He talked to the owner.      He said P80 million.

Ok he said P100,000,000 .  I will pay you P10M up front see if the business is good and pay you the balance in one year.   If not I will let you keep the P10 million

So on day 2, the new owner called the 5 managers for a meeting  Ok if you put up P3 million each, you will receive  8% share in the bar.   (or 40%)   He will return the money in 1 year.  To which they agreed   Thus he got P15 million, paid P10M to the owner, and has P5M as operating capital Then he announced to the manager of his marketing and investment blitz.   GC your contacts:

       He will have customer investor day, and food and drinks will be for the owner.

       He welcomes investor of P2M each who will receive P2M worth of gift check for food and drinks;

              He will return P2M at end of 1 year

                                        2.5 at end of  2 years

                                        3.0 at end of  3 years

                                        5.0 M at end of 5 years.

400 guests came to the bar and 200 signed up for the investor deal.   He grossed P400 m, he got the 90M to pay the owner, and 15M to pay back the manager.  Brilliant eh.  

The principal is lucky because it does not usually  happen that way. Maybe a fairy tale

This calls for:

1. Creativity,

2.  Frugality to come up with P500,000

3.  Salesmanship to convince the bar owner, 

4.  Integrity so that they will trust you

5.  Creativity and ingenuity to come up with the deal

6.  Audacity and courage to take on the risk

Reengineering reinventing yourself after 50

Be better than before, than yesterday.

Two decades ago, Nonong Pedero (of Celeste Legaspi fame) posted this in newspaper columna dn called this reinventing

Today Elon Musk calls this recreate, restart, (reboot?(

We cant call ourselves retired, or done when we are 50.  The next 50 will be as productive or better depending on how you reset.   Make it better.   Stop defending what you have started because you will just get stuck up on where you were:

1.  What do you deeply care about?  What is your purpose?

2.  What does not make you sleepless at night?

3.  Where do you encounter most friction (or makes you most afraid)

If it does not fall under any of these categories, you are not reengineering yourself much

I think I will pursue other fields not finance or real estate anymore but in agriforestry or real estate (farm lots with agri forestry) or high value food production.   Or even food processing.  Then we go to the bottom of food security, and what ails the nation.  There is still much to be done

That means I have to work harder.   I need to make myself stronger and healthier.  Talk about dim and foggy eyes and HBP.  I will overcome this     

..

Elon Musk failed 1000 times, and there were 3 times he cried

Be better than before, than yesterday...

Elon Musk who is now at odds with Pres Donald Trump (the latter threatening to deport him) heads X, Space X,  Neuralink, and Tesla and now the richest man on the planet.  Though he failed 1000 times, there were 3 events where he said he cried.

Nothing to be ashamed of because this is a reset  A reboot.  When there is all ready plenty of noise and the leader has lost clarity. This 3  events (SIP for Andrew Grove?) made all things clear later on:

1.  When he was kicked out of X com which later on became Paypal

2.  When both Tesla and space x nearly became bankrupt;

3.  After Dragon had a third successful launch

The reset and clarity that came in:

1.  For Xcom, choose your partner well and watch out signs for future coup de tat, and protect yourself

     From the $150 million he got from the X com acquisition by Ebay, he invested in space X and Tesla

     He discovered that business is not just about coding and software, there were other businesses as well

2.  He became more conservative and worked harder at Tesla and Space X when they nearly went bankfrupt.  He had to devote himself to just 3 things a day, and not micromanage the noise around

3.  The third was more frightening for him.  Because the successful launch was just the beginning and mean more challenges for Space X.  The challenge of Martian community is 1,000 times more challenging and difficult than the simple orbit launches they made.   Bigger challenges lay ahead  

For Elon, failures are challelnges and learning and they should make you better and stronger.