In the new world, entrepreneurs will be forced to invest  their money
where it is most efficient.  And that is not necessarily in  the
Philippines. Even for Filipino entrepreneurs, that can be the  case. For example, a Filipino  brand like Maxx candy can be manufactured  in
Bangkok-where labor, taxes, power and financing are cheaper  and more
efficient-and then  exported to other ASEAN countries.
This will be a common scenario-if things do not change.  Pretty soon, we will become a nation that  buys everything and produces practically nothing. We will be like the prodigal son who took his  father's money and spent it all. The  difference is that we do not have a generous father to run back to.
But despite this, I am still very excited about the  future. I will tell you why later. You have  been taught at the Ateneo to be "a person for others." Of course, that is noble: To serve your  countrymen.
                                                                                                           
  Question is: How? And my  answer is: Be an entrepreneur! 
You may  think I am just a foolish man talking mundane stuff when the question before him is almost philosophical. But I am  being very thoughtful here, and if I may  presume this about myself, being patriotic as well.
Wednesday, March 26, 2008
Business Battle Field
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