Results 31 to 40 of 56
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December 22nd, 2009 03:34 PM #31Wheels and tires alone might already exceed P25K.
academic-thinking kasi
hindi business-thinking
hindi real worldLast edited by uls; December 22nd, 2009 at 03:36 PM.
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December 22nd, 2009 04:02 PM #32
Even academic, you have to be realistic.
That is why it is so easy to ask other people to build so and so...
I still remember when I tried to advise my boss regarding some business concepts he was proposing (he was also my thesis adviser in college). He said he has the P.H.D.s to "prove" his points. I might be only a fresh college graduate but I already have a lifetime to experience from our family business to have some sound business sense. To make the story short, the business failed due to unsound decisions from the management.
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December 22nd, 2009 04:18 PM #33
yep
it's easy to tell people to build this and that, invest in this and that
di nila pera eh
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me too, been around capitalists since day one
learned from them to ask the question "what's in it for me?"
"how much will i make?"
"how much can i afford to lose?"
nothing keeps you more in touch with reality than when your own money is at stake every single day
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Warren Buffett:
rule number 1 - don't lose money
rule number 2 - don't forget rule number 1Last edited by uls; December 22nd, 2009 at 04:26 PM.
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December 22nd, 2009 05:25 PM #35
Indeed, it failed because of unsound decisions from the management and not because of his PhD.
Projects and designs should start at the academic level. I think no right thinking entrepreneur will start his business by immediately making an idea/concept into a reality immediately. Then if the idea SEEMS good then, feasibility studies should be done to prove its viability. This is where reality sets in. If its not viable, then look for other options.
Now, if its viable, then go with the business plan and actual execution of the business plan.
The point is, in this forum, we are free to post our ideas with no obligations whatsoever to make it into reality. If someone pick up the idea here that is doable, he can freely do it and make it possible.
For the record, when I post my ideas here, I dont ask or compel you or anyone
here to make my idea into workable models.
Anyway, I respect your opinion.Last edited by jpdm; December 22nd, 2009 at 05:28 PM.
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December 22nd, 2009 05:28 PM #36
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December 22nd, 2009 05:29 PM #37
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December 22nd, 2009 05:33 PM #38
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December 22nd, 2009 09:45 PM #39
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Choice I would have made as well.:nod:
2024 Innova Zenix 2.0 V CVT (non-HEV) vs Innova...