Lack of Pilots forces PAL to cancel flights

**Monseratto** · August 26th, 2011 11:02 AM

Originally Posted by A121

Marami naman sigurong nakakaalam on how some of these Chinese businessmen treat their workforce.
(This is not a racist comment ha.)

Work edict ni Kapitan: Never let your employees dictate how to run your company. They'll bleed the company dry with their unattainable benefits...

**eld** · August 26th, 2011 01:57 PM

Originally Posted by marg

The Reality is, 80% of Philippine businesses are owned by the Chinese.

Think about it, Banks, Airlines, Fastfood, Factories etc.

The Chinese aren't that great businessmen, though. They fail at marketing. Their only business strategy is to be conservative (they don't have a choice, anyway. Being in a 3rd world $hithole their businesses could go under anytime.) But compared to Pinoys na mga utak-katulong, magaling talaga silang negosyante.

**marg** · August 26th, 2011 02:58 PM

Originally Posted by eld

The Chinese aren't that great businessmen, though. They fail at marketing. Their only business strategy is to be conservative (they don't have a choice, anyway. Being in a 3rd world their businesses could go under anytime.) But compared to Pinoys na mga utak-katulong, magaling talaga silang negosyante.

This quiet guy started with nothing. Peddled shoes while studying. Transformed a tiny store in Quiapo into the Philippines largest conglomerate with 4 major Banks, 40 large Malls, and the biggest real estate holdings in the country. He is recognized by Forbes and Fortune as one of the Richest people on Earth.

If that not Great, I do not know what is.

**Monseratto** · August 26th, 2011 03:12 PM

Originally Posted by marg

This quiet guy started with nothing. Sold shoes door-to-door. Transformed a tiny store in Quiapo into the Philippines largest conglomerate with 4 major Banks, 40 large Malls, and the biggest real estate holdings in the country. He is recognized by Forbes and Fortune as one of the Richest people on Earth.

If that not Great, I do not know what is.

My mom still remembers when Henry would be the one who fit their shoes for them...

**uls** · August 26th, 2011 03:24 PM

re labor

a business should always benefit more from its labor force than the cost of maintaining that labor force

**Ry_Tower** · August 26th, 2011 04:10 PM

Originally Posted by CoDer

At sa kasamaang palad ginagaya na ring ng mga pinoy employers.

+1, I strongly agree! Dami dyan katulong ang treatment sa mga tindera para 2,000 salary lang kasi daw stay-in. Talk about circumventing the labor law.

**Boy Bastos** · August 26th, 2011 04:26 PM

Originally Posted by marg

This quiet guy started with nothing. Peddled shoes while studying. Transformed a tiny store in Quiapo into the Philippines largest conglomerate with 4 major Banks, 40 large Malls, and the biggest real estate holdings in the country. He is recognized by Forbes and Fortune as one of the Richest people on Earth.

If that not Great, I do not know what is.

OK. The Sy Way

1. All employees must be in a contractual status.
2. All employees must receive minimum salary.
3. Get all the supplies needed then pay them next year.
4. Pirate competitors excellent employees. Blind them with huge salary. Provide them herculean job loads. Work them to death. Then release them.
5. All cash must circulate inside our company. Let us become our own supplier, worker and user. I do not like the idea of other people earning money from us.

**uls** · August 26th, 2011 04:36 PM

^^^

hehehe

kaya mayaman eh

**niky** · August 26th, 2011 04:36 PM

All of those methods are good for profit except this:

"5. All cash must circulate inside our company. Let us become our own supplier, worker and user. I do not like the idea of other people earning money from us. "

Being your own supplier sucks. Because you take a loss if the main business can't pay. (From experience), in other words, the main business benefits while the sub-business supply unit suffers. Plus the damn overhead. What they actually do for BONUS is to subcontract outside suppliers to produce the items for them as part of their contract for supplying the supermarket system.

The SM way: pay the suppliers late... earn interest off the money before you spend it. If a supplier doesn't like your system or fees... to heck with them... go get another one... same thing with the BONUS branded items... which makes it even easier... the buyers never need to know that they're buying from a different supplier...

**Boy Bastos** · August 26th, 2011 04:42 PM

Originally Posted by niky

All of those methods are good for profit except this:

"5. All cash must circulate inside our company. Let us become our own supplier, worker and user. I do not like the idea of other people earning money from us. "

Being your own supplier sucks. Because you take a loss if the main business can't pay. (From experience), in other words, the main business benefits while the sub-business supply unit suffers. Plus the damn overhead. What they actually do for BONUS is to subcontract outside suppliers to produce the items for them as part of their contract for supplying the supermarket system.

The SM way: pay the suppliers late... earn interest off the money before you spend it. If a supplier doesn't like your system or fees... to heck with them... go get another one... same thing with the BONUS branded items... which makes it even easier... the buyers never need to know that they're buying from a different supplier...

Easy money pa rin sa kanila master niky.

Remember the Sy Rule # 3. Get all the supplies needed then pay them next year.

:D