My 2010 part 1

Quoting my job post of about a year ago:

***

These are my goals for 2009:

1. Start a new business (the one i have been planning and saving up for the past few months)
2. Acquire at least PhP 200,000 worth of income generating Assets
3. Maintain my monthly personal expenses (no doodads for me this year)
4. Generate at least PhP 300,000 pesos of Net Income by Dec 1, 2009

***

Results:

1. I was able to start the business. Its a soft ice cream business.
2. The value Ive put in is somewhere above the targeted but due to a lot of cirumstances, asset value is a little bit below my target.
3. I failed on this one. Back 2008 my only doodad was Sponsoring Angelica through WorldVision. Now, it has increased with the following:

• Monthly Payment for my iPhone
  
• Electricity (I now pay for my Family's Bill in Davao which averages 4k Pesos)
• Parking Space Rent in Manila

4. I ended the year with less than the targetted but i didnt end up with a loss, so its ok.


All in all, it wasnt so bad. But still, I fell way short. Now i have to do some catching up. I also realized that my objectives are too thin...

Poof Idea 2: Job Matching Real Estate Venture

It saddens me to see people moving in to the city with the dream of helping their familes back in their faraway hometowns only to face the reality that there are none.

I dont have any business model to back this up but I could be working on it sooner or later. But here are general points to what Im thinking:

1. Small but cozy apartments for the low-income class hardworkers
2. Rent to own scheme
3. Applicants will be given nearby job/career opportunities (with salaries capable of supporting the rent+ daily expenses)
4. Very accessible locations (relative to the work place)

Strategy
1. Coordinate with local leaders (Barangay Officials, Mayor, etc...) with long term projects (infra structure or whatever, as long as long term)
2. Identify available jobs for low-income household earners.
3. Purchase foreclosed houses or NPA's at best rates and with additional shields/incentives as help from the Officials (LGU's).
4. Market followed by collecting, and screening applicants. (start with squater areas most probably or government lists of to-be-relocated people)
5. Calculation of dp, monthly mortage, and settling of contract.
6. Monthly/Quarterly/Yearly seminars on money management and stuff (periodicity depends on feasibility)
6. Pray, pray, and pray that everything goes well.

Its not really designed as a Non-profit. It is still a real estate venture, just with a purpose (aside from earning income).

Make a List

Make a list, and cross them one by one.

For today,
For this week,
For this month,
For this year,
For this Decade
For this Lifetime.

I promise you, you will get MORE done. Write it down. :)

Poof Idea 1

Poof Idea 1:
Ad-Powered Traditional Moving FoodStalls


We see them everyday in the streets of Philippines. Whether you are in Davao, Cebu, or Makati, its highly probably that you will come across at least one.

What if we put up a group that produces these kariton frames, allow them to be rented at nearly break even (accounting maintenance and stuff of course) something similar to a mini-franchise with products that can be variable (fishball, isaw, kwe-kwek, etc...).
The profit: Ads. Instead of promoting your franchise/company, leave all space for the ads. Side, front, top, everything. I really hate adds but imagine, the ads helping this biz become more affordable for the poor who wants to start a business.