NU IDEA #2 Saving VS. Spending Wisely
I have been thought by my parents and everyone else around me to make sure that I save money. There's this traditional savings that whatever you get, you take a percentage of it as savings, for others, not even touch the money unless you really need it. But from my experience and how I realized it, it is better to spend wisely than save money. And When I say spend money, is that you really spend money even if you have no savings left (This only works when you're young and has a stable cash flow). Here's my take on Savings, Forget about it! unless you know you can actually save a significant amount that can change your life. Otherwise, spend it, spend it to expand your knowledge, spend it to build your network, spend it to build your confidence, spend it to gain more experience.
I'll give you an example, so you're earning a good 50k php a month for a start-up employee, great! So you actually have an above average salary. And you would be tempted to buy phones? jewelry? Travel? And people would tell you to hold on it and save 30%? 10%? 20%? Save what? 5 to 15 thousand pesos? And in a year you save how much? 150 thousand pesos? How can that change your life? It may be ridiculous but here's my take on this.
Spend for a 50 thousand peso watch, or a handbag for women, so the next time you go into a meeting you can present yourself better, believe it or not but expensive accessories actually brings more confidence to a person and not because you're wearing it, it's because you're letting the other person know you have it. Spend for Travels, in that way you can share your experiences to every small talk conversation, nobody wants to talk to a boring person, whether you like it or not your going to talk of something else other than the business at hand, and if you're not prepared for it, it can be that one thing that takes you from closing a deal and losing it. Spend to party, attend gatherings, The more people you know, the more opportunities it brings you, The better possibilities that one can take. The bottom line of this Idea is, Invest in yourself, and really invest in your self, because these opportunities can give you income more than you can imagine and if that happens, that's the time you start saving.3
Alvin James B. Guinto
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Showing posts with label AJG. Show all posts
Showing posts with label AJG. Show all posts
Saturday, November 10, 2012
NU IDEA #2 by AJ Guinto
Tuesday, November 6, 2012
NU IDEA #12 - free range chicken by AJG
NU IDEA #12 Social Entrepreneurship: Free Range Chickens
What's becoming popular nowadays to the can afford community is prefering free range chicken as their use for chicken meals. Free range is where you leave the chickens range freely for food, rather than confined in an enclosure. The Benefits of this method of raising chicken is that the produce is chicken meat that has more protein, more good fat and less bad fat, and there is no risk of unnecessary antibiotic consumption. Using this product in mind, It came to me that it can actually work on a smaller scale and community wide operations. By building a company and capitalizing on the community to produce the free range chicken that can be sold for a price.
To make the business concept more simple, here is how it goes on a step by step basis:
1.) Educate the target community on raising free range chickens
2.) Provide seed money(or start up chickens) for the community.
3.) Let the community grow the chickens for you to lessen on the operating expenses.
4.) Buy the free range chickens produced by the community.
5.) Package the product (Work on a very good USP that entails helping the community for a healthier choice)
6.) Distribute and retail to various supper markets
7.) Allot profit for the company and the partner community
a. With excess money we can provide for feedings programs for the community.
b. Scholarship grants for basic education
c. Medical and dental Missions
8.) Continue with the cycle and you have yourself a sustainable, money generating social program that can help alleviate poverty in a community 4
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NU IDEA #10 by AJG - CSR
NU IDEA #10 Big Corporations and their CSR – Is it worth it?
Large corporations nowadays would always be found helping the poorest of the poor when it comes to their CSR programs. I'm not an anti-poor individual here but as I see it, helping a big number of the marginalized people will not help make a big difference in a community. My Ideal principle in helping the community Is to help first those who are easily capable of development so by the time they are able already, they can be of help to your cause of community development.
Feeding programs, relief, housing, and one time grants can reach hundreds and thousands of people but can only make up for a day, a month or two, but helping a few, empower them to help others, as I believe, can bring about capable individuals of making a difference. Instead of feeding programs, put up scholarship grants for the middle class and help them put up their own businesses and grow as professionals in the corporate industry. Big corporations and also the government always see only the less fortunate and neglect the fact that the middle class is in trouble as well. Grow the middle class, increase the potential for community development through their empowerment. 4
AJ GUINTO
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NU IDEA #9 by AJG VVIP parties
NU IDEA #9 The Yacht Party: VIP – VVIP status
A Friend of mine was talking about some events that we want to launch one day and this is what came up, A yacht party that would only cater to the VVIP and VIP. For one thing that we know about a rich Filipinos is they always want to show of with their same crowd And the perks of exclusivity for the rich and famous. The very purpose of this event is not to gain profit but to widen the network of our companies to the most elite.
We rent a big enough yacht to accommodate hundreds of people, attendees will only be by invite to promote exclusivity of the event. The key to this event for it to be successful and to draw a crowd is to make sure that there is at least a group of people of the really elite group that everyone wants to acquaint them with. We wouldn't mind partnering we different corporations, again, the purpose here is to get as many connections we can get in order to explore the possibilities of doing business. 3
AJ GUINTO
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NU IDEA #8 by AJG - Bachelor's Pad in a warehouse
NU IDEA #8 A Warehouse house (a Bachelor's Ideal placed)
I was thinking of investments one day and thought of building a house of my own, but since I don't have anyone to settle with yet it seemed that it would be impractical for me. But then it hit me, I'd still go for getting a place of my own but it would be a warehouse type of house.
I hope everyone can get how I'm describing this one, a big space with no dividers, and only a room on the 2nd floor overlooking the whole interior, A warehouse. Imagine an enclose space with no deviders, the sala in one corner, kitchen and dining on the other. It can be described as a very nice Bachelor's Pad. But what makes it very practical is that in time that I don't intend to live in the place anymore since it may not be a good idea to bring a family in the place, you can easily convert it to an office space or as it is, a warehouse that is a good requirement for business. 4
AJ GUINTO
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