NU12 - Jaypee Eugenio

Ateneo Innovation and Entrepreneurship "New ideas create more and better new products and services; create more wealth."

(7 - Serendipity Walk; 1 - New ATtitude Paradigm; 12 - Business Opportunities You can Think Of)

 7. SERENDIPITY WALK

        Living along a busy highway and not inside a subdivision or village is something you can very much enjoy because of its practicality. You just have to go outside your house's gate and you will be able to see what you need or the services you may want 24 hours a day 7 days a week. However, looking outside and taking a short walk along Quirino Highway corner Tandang Sora Ave in Quezon City, there are still some business opportunities I've seen even if there's an SM Hypermarket nearby. Some of them are listed below:

        a. A Good Old Bakery / Bakeshop - for hot pandesal in the morning
        b. Barbershop - Salons are for the girls,,, :)
        c. Massage Clinic - to unwind and relax
        d. Franchise of other popular fast food restaurants specially Mc Donalds and KFC
        e. Laundry Shop
        f.  Gererika or The Generics Drugstore (only Mercury Drug is available)
        g. Medical / Dental Clinic
        h. Carwash
        I.  Car Mechanic Shop (Talyer)
        j.  Appliance Store / Repair Shop
        k. Tailor Shop
        l.  Shoe Shop / Key Duplicate
3


1. NEW ATTITUDE / PARADIGM

        Thinking of something that I have been used to doing and is willing to change for the better is my habit and thinking of the purpose of Credit Cards. Honestly, credit cards are very practical in case of emergencies of not having cash and ATM machines are not readily available, and specially when you are travelling from different places here and abroad. Unfortunately, I have overused the credit cards issued to me by local banks, though I am not in bad debts and able to pay my total amount dues on time, still I consider this habit inappropriate because of the following reasons I will enumerate below.

        First, I have been used to buying stuffs that I do not need and just want. I have become an impulsive buyer that I always buy something that easily catches my attention without thinking the reason or the need behind it.

        Second, I have tend to buy things more than my monthly salary can afford because of their installment promos plus the buy now pay later options. I have even budgeted my future earnings instead of what I currently have. The saying that goes something like, "don't count the chicks until the eggs are hatched" was very much neglected. I have even thought of buying stuffs even before I received my hard earned money. I ended up working long hours just to earn the needed amount to payoff my credit card bills.

        Lastly, I allowed my friends to use my credit card and forget the first rule that this is supposed to be for personal use only. I ended up paying for their bills to meet the due date because they tend to pay late even if I remind them on time. One of my very big mistakes which I will definitely change for the better.

        Now, I would like to ensure that my credit card privileges provided by local banks because of my good track record and good credit standing will be used responsibly. I will use it only when needed and in case of emergency. Use it only to buy the things that i need and not those that I only want. Will prevent myself from being an impulsive buyer. Use credit cards for travels here and abroad for safety purposes only.(lost of wallet while in transit etc.) Most probably, I will only lend my credit card privilege to close friends who have good track records and were able to pay on time without me reminding him/her and only for emergency purposes. Finally, I will practice the saying I mentioned above: "Count the chicks only until the eggs are hatched" to prevent overspending. As the saying goes, "don't bite more than you can chew". 3



12. BUSINESS OPPORTUNITIES I CAN THINK OF

        a. Coffee Shop with Professional Photo Studio
        b. Coffee Shop and Bar - Coffee Shop in the Morning / Bar at night
        c. Sizzling Restaurant along Quirino Highway
        d. Dance Studio with Theater Workshop
        e. Comedy Bar
        f.  Massage Clinic and Spa for Men and Women
        g. Pastry Shop
        h. Online RTW store
        I.  Photo and Video Editing Studio
        j.  Milk Tea Shop 3

NU12 by Jaypee Eugenio

4. New Processes at Work / Study
professionalism – new work, methods,
practices
4. New processes at work , study
                Currently,
one of our processes at work is to manually apply/process the employee's
corporate credit card in XXX Bank system after their online application form
has been approved in XXX Company online tool. What I want to suggest as a new
process is the automatic creation of the employee's corporate card once the
application has been approved online, thus, eliminating the manual intervention
of our group to cut the processing time in 3-5 banking days rather than the
current set up of 7-10 business days.
                The current process today goes something like this: employee applies for a
corporate credit card via online tool. (XXX Company system made internally and
can be accessed only via intranet) This application form will be routed to the
respective approver who has proper authority to approve issuance of corporate
credit card. Once approval is made via the online tool as well, it is routed to
our group who manually process the application with the affiliated XXX Bank
System. The manual processing usually takes 1-2 business days. Once processed
successfully, the corporate card will be created and delivered to the employee
within the next 3-10 business days depending on the mode of delivery chosen at
the beginning.
                With the new process in mind, we will totally eliminate manual intervention by the
our "group" and will have the XXX Company's system get linked to the XXX Bank
system in order to automatically process any approved online corporate card
application form and have it delivered within 3-5 business days. If the XXX
Company was able to internally create an online system for corporate card
application, the more that they can easily linked their system with the XXX
Bank's system.
                This new process will eliminate usual errors of misspelled name or other personal
information which happened during the manual intervention of our "group". This
process also cuts the creation and delivery of the corporate card in half, from
maximum of 10 days to maximum of 5 days. Most especially, the time consumed by
our group in manually processing the application will be used in much more
important tasks like Account Reconciliation and Reporting. (Company and Bank's name is kept
Confidential)   3
9. What pisses you off at the
neighborhood? What do you suggest?
             What pisses me off at our neighborhood is the lack of functioning traffic lights at
the intersection of Quirino Highway and Tandang Sora Avenue (considering this
is a major highway) which usually results in heavy traffic during rush hours.
          
 My suggestion with the local government of QC or the DPWH whichever is responsible,
is to install working traffic lights with timers just like the one installed in
EDSA corner Ayala Avenue. What is unique with this is I suggest that the
traffic lights be controlled by a system which can detect which lane should
have the GO signal because of higher volume of vehicles.
            How are we going to do this?
             There will be weight measuring device that will be installed in each lane that can
determine the weight it currently bears. The heavier lane means the number of
vehicles on queue is bigger than others and that it needs to be dispersed to
avoid further build up, thus, this lane should have the GO signal first. When
it becomes lighter and the other lane gets heavier, then the signal light
changes respectively.
            If this will be put into action, then we will never encounter heavy flow of
traffic during rush hours. No one will be late in going to school or office and
no one will miss having dinner with the whole family. 4

10. What pisses you off in your office
/ What do you think must be done?
            What pisses me off in the office is the slow response of the facility management
group of the building wherein we are currently located regarding some repairs in
the office which is under their jurisdiction. Apparently, I have learned that
our comfort room's fixtures and entrance doors are maintained by the said
group.
             With regard to the comfort rooms, it is annoying to learn that they can never
install "bidets" in each cubicle because of the current set up of the toilets'
pipes. We were informed that they have to change the pipes as well in order to
set it up. To add to that, there are no faucets available in each cubicle, so
you have to literally bring your own "dipper" with you inside when nature calls.
What must be done with this and I suggest that since our office prioritize
safety at work at all cause including employee's health, they must redo the
whole comfort room set up to accommodate "bidets" or have faucets installed in each
cubicle for hygiene purposes.

            Moreover, there came a time that one of the 2 main entrance/exit doors was broken, thus,
when your workstation is located on the side of the broken door, you have to
literally tour the whole floor to get to your destination, and it is quite
frustrating to learn that it usually takes them a week or more to fix one door
because of the slow response from a manual report. Perhaps my suggestion is an
online system that detects the conditions of all main doors in the office
whether it is operational or needs some repair. With this, the facility
management group will not have to wait for a written report from their tenants
to address their concerns. They can easily detect which needs repair at the
earliest possible time. I think this is feasible since they have installed CCTV
cameras on each floor and installing an alarm type or detector won't hurt their
budget. 3

Regards,
Jaypee Eugenio

NU12 - Jaypee Eugenio - What pisses you off at the school and new business idea

Ateneo Innovation and Entrepreneurship "New ideas create more and better new products and services; create more wealth."

6. New business ideas <tea.coffee shops with photostudio>

        Nowadays, coffee shops or TEA shops are very popular hangout places for friends who want or needs to catch up on each other or simply for those who want to have a lone time reading their favorite book or playing their favorite video game. Moreover, this has also been the new place where family gathers after a very sumptuous lunch or dinner.

        On the other hand, with the advent of digital technology, smart phones and its applications, we can see a lot of people in social networking sites posting their favorite pictures taken anywhere they may be. From the first shot taken in the morning up to the last photo before bed time, you see how people became very much into photography.

        Looking at this, I am thinking of putting up a business incorporating both ideas. A concept of coffee shop with digital studio that is open for customers to have their photos taken at any time. Yes, smart phones, SLR cameras, digital cameras can do the trick but photos taken in a professional studio with proper lights and settings is something very much worth keeping.

        Since both ideas are very popular to the youth, why not put them together to satisfy both of their wants, a very delicious cup of hot or iced coffee enjoyed with the company of their friends in a professional studio where memories can be captured and treasured for years to come.
This shop will have professional baristas to create their favorite coffee or tea and at the same time professional photographers to capture the moments worth remembering. The shop will look like an industrial warehouse with different backdrops or for digital effect the popular green cloth. Customers can just simply enjoy their coffee on a couch or at the same time have their photos taken with the company of their family and friends with a theme of their choice. Isn’t it amazing?4



11. What pisses you off at the school? What must be done?

        What pisses me off at AGSB particularly in the Dela Costa campus is that students are not allowed to stay in the classroom before their usual 6PM class because it is locked up and apparently, the employees authorize to open the classroom will come from the main Rockwell campus.

        There came a time that I, together with my group mates need to set up the room for our report. We prepared everything at home and have agreed to meet up in the campus at around 4PM only to find out that our classroom will not be opened 15 minutes before 6PM. We have requested if we can be accommodated since we need to set up something for our report, but we were informed that the authorize representatives with the keys to the classroom will be coming from Rockwell and will not be arriving anytime soon. To avoid frustration and take away our focus in our report, we just agreed to stay in the hallway as we prepare everything in order to set it up as fast as we could once the door has been opened.

        What should be done with this is that the keys should at least be left in Dela Costa campus to accommodate instances wherein students need to prepare or set up something for their report or presentation. Moreover, they should at least assign the job of classroom safekeeping to employees in Dela Costa and not those in Rockwell, or if this may be the case, at least allow these employees to come in Dela Costa as early as 3PM to ensure that students will be accommodated as necessary.

        Good thing is that our group is an all star cast and still was able to put up a very well presented report. <we can request the SG to open earlier say 5) 3

NU 12 by Jaypee Eugenio

Ateneo Innovation and Entrepreneurship "New ideas create more and better new products and services; create more wealth."

Good Day Prof. Jorge,

Appreciate feedback at your earliest conveniece regarding my first 2 NU12 below based on the guide questions you have provided in the sysllabus.

Regards,
Jaypee Eugenio



2. New spending habits / routine

            Well, for the past 6 years that I have been working professionally, I must say that I have also spent all my hard earned money at the same time. But I am happy that I was able to buy everything I wanted to have and everything I wanted to give my loved ones plus enjoyed travelling to places on my wish list. However, it had dawned to me a year ago that it's about time I should not think about the present alone and start looking forward to the future since I am not getting any younger.

            Looking at my spending habits, I realized that most of it was spent on my perfume collections, shoes, clothes, and of course gadgets that I tend to replace every year or whenever a new one is available in the market.       Moreover, with the advent of online shopping and group buying discount websites, more were spent last year that perhaps made me bit more than I could chew.

            Therefore, for my new spending habits, I will make it a point to distract myself whenever I am about to visit an online shopping website and will instead think of my piggy bank at home. I will only buy the things I need and not just those I want. Will try to sell those things I am no longer using and add that to my current savings. I will save a portion of my earnings first before thinking of spending the same; instead whatever is left from my apportioned savings is the only amount I should spend. This is very different on my way of thinking that whatever is left after spending on all my wants and not just needs is my savings. With this in mind, hopefully I will be able to save for my future family. 3



8. What pisses you off at the mall? What do you suggest?

                Whenever I visit Trinoma Mall from their access door beside MRT North Avenue Station, it pisses me to see a long queue in the mall entrance because of the "so called" inspection being conducted by the mall security guards to the bags and belongings of the mall goers. Well in fact, upon observation is that they just merely point their "magic wands" inside your bag/s as if it can detect whatever it is you bring inside. Isn't it mediocre for them that they always shout they're just doing their jobs well in fact they just merely acting that they do. I am very willing to subject myself in falling in line for minutes if I can see that they are really doing their jobs and scrutinizing everything inside the bag of the person getting inside their mall/department store.
                Moreover, I can't see the reason why there is a separate security inspection for Landmark and Trinoma wherein they only share the same building? Will the customer buy "bombs" inside landmark and bring it inside Trinoma or vice versa? It would be good as added security if they are really doing the things that should be done in an inspection and not just acting with their "magic wands" and pointing inside our bags.
                I would suggest that the management of Trinoma and all other malls nationwide to invest on similar X-Ray machines being used in our airports today. This might cost them a fortune but this will definitely make it easier for their security guards to check what's inside the bags of their customers and will cut the inspection time in half thereby reducing the length of customers on queue or during slack periods will totally eliminate people waiting in line to get inside. This will also satisfy their customers need of a secure shopping mall wherein they can have a relax time with family and friends. 3 (It is expensive)