Quote Originally Posted by M54 Powered

and don't be fooled about the motives being all about the tax breaks - remember that even if you get a 30% tax deduction for charitable expenses, you still have to give 100 pesos to get back 30. not exactly a great return on equity
very true. my dad once told me a story about the company that he is working with. His company was asked in exchange for a local govt favor, to build and to donate a school to a certain town. They built the school in a little over a year (that fast) and also got taxed after building it.


the rest of the stuff you said is too "New Age" for me
hehehe new age ba? well new age or not, I do believe in the forces. remember the time when noon bata ka pa then nakapulot ka ng piso sa school, the day(s) after nawala buong lunch box mo or allowance mo. happens in business all the time.

this one I experienced years ago. I had a small business and it went so well for a period. in fact, I had every confidence in it and I started to become lax in management. Then the dreaded month came, business dropped to 30% average sales per day. sabi ko noon, if it drops below 40%, then I'll move. it dropped. almost simultaenously (in that same month) I received a letter of warning from a govt agency on some violation, a disgruntled employee who resigned but not without influencing my other employees' morale, and worst of all, my bank called and told me that somebody has duplicated my credit card and used my the maximum credit limit.

I was so down talaga. then on a dinner, I narrated my experience to my friends. One of them jokingly told me, "dapat kasi nag-reserve ka ng part ng kita mo sa charity" then tawa sila ng tawa. even if it was a joke, it struck me. never did forget what my friend told me ...