Tuesday, July 15, 2025

Reciting Psalm 23 7x to improve financial and spiritual life

Be better than before, than yesterday... The number 7 is a significant number in the Scriptures.

The wealthy people (billionaires and millionaires) have extreme belief in themselves

Be better than before, than yesterday...

You  may call it pride, or megalomania, but successful people, millionaires and billionaires exhibit extreme confidence in themselves.  More than anything in themselves.   So in the class we conducted we usually have this self affirmation  exercise.   Saying in the class:  " I am the best"  of posting  in you tube their life story showing confidence in themselves.   Some requested that their vids be erased because of privacy issue.   I acceded to this because these people cant amount to anything because they can t affirm their identities.  How could they be proud of their products or company if they tremble at their privacy

These are the ways I express my confidence by saying:

     "I am the best and I will be the best"
     "The best is yet to come"
     "There will be a better version of my self"
    "  Needs improvement  (NI)
    "  We can have something better"




Being in business, being an entrepreneur is a test of your character

Be better than before, than yesterday...

Starting a business, maintaining it is the ultimate test of your character:   courage, determination, persistence, integrity, people skills etc.   You can fail if you have a flaw in your character.




Friday, July 11, 2025

Mental Models that we can use

Be better than before, than yesterday...

This is discussed in 5th discipline by Peter Senge.  This video lists mental models we can use

1   Maps and reality dont match
2.  Focus on your circule of competence
3.  First principles  (eg believing that launching rocket is an expensive enterprise)  Find the first principle.   Eg. that costs of launching rocket is only 2% of total costs.
4,  Test your theory vs reality with experiment
5.  2nd order thinking
6.  Probalistic thinking  (degree of confidence)  vs results
7.  Inversion (what can be worse so that we can avoid mistakes)  What can be stupid?
8.   Occams razor.   The simplest explanation is usually right. 
9.  Hanlon razor -  things happen not because of malice but oversight







Being taken out of the picture motivated John Rockefeller to be a success

Be better than before, than yesterday...

Mr. John Rockefeller when he was young and studying was taken out of school picture at the request of the photographer for not being pleasant looking   It was degrading and demotivating to be excluded from class picture that he would be greatest man wealthiest man ever...This was contained in 38 letters to his son (which later became a book)

So a negative should be a demotivator.  It should be a motivator.

We should have a relentless self belief that we are the best






Wednesday, July 2, 2025

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.  





Multiplying yourself; how to scale up

Be better than before, than yesterday...

"Go forth and multiply"

If you are a businessman, (ie earning for yourself, not employed) you cant scale up.  You must scale up, and neither can you scale up yourself and/your time because they are finite.  The only way is to multiply yourself via other people (OPL other peoples labor)

Always the key to mastery of business is mastery of self, ie, self improvement

Once a businessman rode a taxi from airport to his hotel.  And asked him how much he makes in an ordinary day.  The later answered about $800.00.

"What routes would be most profitable and why?"

Ans:   " Trips like this to the airport which takes in about $1,000.00. "

Why dont you take in more airport passengers to and from the hotel.   

Ans;   " I dont know how"

Businessman:   "This is what you can do.   Talk to hotel or airport staff and give your phone number.  Say that for every referral to you airport to hotel and vice versa passenger, you give him/her 5% commission.  Within the day."

"That is great But what if there are all ready other engagements and conflicts."

Ans:   "  Build a network of other taxi drivers.   You can split revenues say 70 -30 with them.   After the 5% to the referror, you still gain 25%.  For 10 pax, you still get $2,500 which can net you, on top of your $800.00 per day. say  26 days in a month,   $65,000 a month or  $780,000 and you can be a millionaire in 2 years.

Brilliant eh.

LESSONS:

1.  Great ideas abound, you only have to think and be creative
2.   Dont be afraid to be mentored or ask those who are more experienced;
3.   Creative and smart thinking beat hard work.
4.  Others stay poor because they are stuck to routine, and or fail to think
5.  Only creative, people,, entrepreneurs will.

Saving a failed bankrupt billionaire

Be better than before, than yesterday...

A bankrupt failed billionaire was about to jump off a bridge amidst bankruptcy and failed businesses.   The only way out was suicide.

So his friend, another billionaire offered help.  He offered a mountain side + $1B to be able to recover.

So he asked, "  How will you turn around and recover?"

The failed billionaire:   " Have a livestock farm"

Assisting billionaire:   "  Not even $2 billion rescue fund will be enough"

Here is my idea:

1.  Build a temple at the mountain top, build roads and infrastructure

2.  Invite scholars to go to the temple and conduct a contest and offer huge prizes so that the soc media will take note

3.  Collect $100 as entrance fee

4.  If there a 100,000 visitors, you will generate $10,000,000

5.  Better still, partner with a transportation company to transport visitors from further down the mountain for a partnership:  50 - 50 or 60 - 40

LESSONS:

1. Suicide running away from a problem is not a solution
2.  Be different in approaching problems or starting a busness enterprise
3.  Be audacious and restart with energy

Saw somewhere at a social media: story how a failing resto was turned around by a fertile mindset

Be better than before, than yesterday...

A rich expanding mindset, employing reverse thinking can turn around a failing business and make money for the owners.  After all, capital is not money.  It is from capito - head that makes money.  A thinking fertile mind know how to source money and create more.  

There was story and this was gleaned from Mashabook Success Strategies that tells of the boss and his assistant who just got from a seminar in BGC.  The boss asks the assistant what her desire were:  to get a LV bag worth P300,000 and a car.  The boss said he would nt do that.  May be he will give her a business.  

So they stopped by a Korean restaurant that does not have much traffic.  So the boss asks the owner how much would he sell the failing Korean restaurant.  The latter said P1.8 million    So the boss proposed a deal;    How about giving you an option money for P300,000 (the money for the LV bag)  and we try the business for one month    If it is good we continue and fulfill the P1.8 million purchase price;   if not we forfeit the P300,000 and consider it a rent .  The Korean resto owner agreed it being seemingly a perfect risk free deal.    

The boss said to the assistant.  Now you own the resto.    But follow what I say.  The assistant panicked:  how will I able to pay the remaining P1,500,000?

1.  Tomorrow, place this ad announcement:   "  Free soju that you can carry with one hand."  

2.  Free soju some more for those who will publish this on tiktok instagram  or FB;   they can bring their friends.

3.  Soon the resto was buzzing with activity with those availing of free soju promo

The next problem:  what if the prospects just availed of the free soju?