NU 12 by Mark Tacbas Automatic power switch off from door latch

---------- Forwarded message ----------
From: emailmarktacbas <emailmarktacbas@yahoo.com>
Date: Mon, Sep 30, 2013 at 10:48 AM
Subject: Mark Tacbas- NU12-4
To: profjorge.entrep.nu12@blogger.com, Jorge Saguinsin <profjorge.entrep@gmail.com>

Product: Gate Latch Power Switch

Rationale: Many Filipinos suffer from fire; establishments and houses are flatenned to ashes. In a year there were more than 3,000 incidents recorded causing billions of damages, hundreds injured and a lot of deaths. One of the most common causes of fire is faulty electrical wiring.

Idea: Prevent fire by turning off the electrical supply once people leave the establishment/ house. 

Implementation: Electrical switch is incorporated in the gate latch. Once the latch is locked from outside, power supply is turned-off; when it is locked from the inside, automatically power is restored. This idea will prevent fires from forgotten switches and overloaded electrical sockets.

The added value would be power conservation. Instead of consuming power due to left-out lights and plugged appliances, the auto- shut off will cut the power supply avoiding high electrical bill.  <ingenious and simple  4>

--

Prof Jorge Saguinsin

PROMOTING ENTREPRENEURALISM

+639228730181

To view assignments, please click:

www.profjorgenentrep-ateneo.blogspot.com

www.profjorgeentrep-jorge.blogspot.com

www.profjorgentrepdev.blogspot.com  - for inspirational videos

www.entrepnew.blogspot.com -  for NU 12 submission

Prof Jorge entrep slideshare presentations

Blogsend emails (for submission of assignments)

profjorge.entrep.nu12@blogger.com  for new 12 submission

profjorge.entrep.selfdev@blogger.com for IV submission

profjorge.entrep.ateneo@blogger.com  for all other assignments

NU12 #5 New Spending habits - Anthony G. Parungao

NU12 # 5 – New Spending Habits

by Anthony G. Parungao

SPEntrep S1

 Christmas season is in the air and additional spending will always be part of the equation and a traditional Filipino way of spending.  Most of us employed will be receiving our Christmas bonuses as early as November.    So how do we get money wise this spending season?  We as an individual, whether living independently, with our folks,  in a relationship, or as the head/budget minister of the family,  we always find it difficult to exercise and take control of our finances whether it's a need or a want.  

 Most of us define savings as Income minus expense is equal to savings, but it should be Income minus savings is equal to expense, following the first formula (latter) will not lead you to financial freedom.  It takes extra-ordinary discipline to keep a portion of your monthly income before spending whatever is left.  So make it a habit to set at least 20% of your monthly income and you'll be surprised at the end of the year how much you have saved for your future needs or wants.  It will take a while before you realize that it only takes no more than 80% to live within your active income.    "Your income must first be reduced by your savings needs.  What is left after is then available for living expenses".  I've read from the book of Francisco J. Colayco – author of Wealth within Your Reach that Savings is really an expense, It is, however, an expense that buys your future.

Set a limit on your expenses for this Christmas season.  We always hear that Christmas comes once a year and spending for your loved ones with extravagant gifts is a metric or gauge for ones status or success in life.  However, we can set limits or provide a budget allocation for the gifts we intend to buy so we do not exceed within our capacity.   Happiness is relative, we can never be really sure if expensive gifts will satisfy the receiver.  What is important is our genuine love and care that we show them and the meaningful moments together this Christmas.  "Life itself teaches us that sharing our blessings always brings back more blessings.  This is especially true when we do not expect anything in return for the good that we do."  Mr. Colayco emphasized that we must always share part of our wealth, whether it be in terms of money or talent or "genius".  As Ruth Smeltzer said " You have not lived a perfect day, even though you have earned your money, unless you have done something for someone who will never be able to repay you". 3

Anthony G. Parungao

SPEntrep S10

NU 12 by Akeel Dalisay: Electronic adjustable car tint

NU12 (4)

DALISAY, AKEEL ZEAN D.

SP ENTREP / S10  

            MAGIC CAR WINDOW TINT

When I'm driving at night, I always want to see the road clearly as I usually traverse dark roads on my way home; thus "clear" or no-tint car windows will work well for such situations.  However, I have to endure the burning heat of the sun whenever I drive from around 10AM to 3PM if my car windows have no tint.  Can I just have a window tint that I can remove or de-activate when I wanted to?  So I can drive comfortably at night, as well protect myself from heat at day.

If given enough resources (or knowledge as well), I want to create a special electronic window tint or glass.  Take an ordinary car window; if it is equipped with the special tint, you can have a lever or knob on your dashboard to adjust the darkness of your windows during the day, or you can simply de-activate it at night for better driving vision. It could be manually adjusted or it could also be automatic (which will have a sensor, to determine how dark or light your window tint will be depending on the heat or intensity of the sun) that will tint your window just enough to significantly lessen the heat and light and still provide a good driving vision as well.

I checked the Internet if such product already exists;  so far, there's only this window (for houses or buildings) that can transform your transparent glass to frosted glass.  Created mainly to provide privacy and minimize brightness brought by the sun.  I wish then can create the same product to be used for automobiles as well (or another idea is the same product concept or technology for eyeglasses- photochromic glasses).  4

NU12 #5 by Akeel Dalisay: Serendepity Walk

NU12 (5)
DALISAY, AKEEL ZEAN D.
SP ENTREP / S10
SERENDIPITY WALK
Some 10 years back, "Sto. Niño" in Meycauayan, Bulacan is just an ordinary commercial area; bazaars, a wet & dry market, some pawnshops, and small cake shop, a number of lying-in and dental clinics exist. The prominent establishments / landmarks in the area are Sto. Niño Parish Church and St. Mary's Academy.
It has a good potential of being a commercial district since it is the drop-off point of public utility vehicles coming from Monumento (Caloocan) and Trinoma / SM North EDSA (QC). The area is also surrounded by residential subdivisions, thus capturing a decent market that does not have to go elsewhere or to SM Marilao anymore for their needs. Additional business establishments will seem to be profitable as evidenced by continuous emergence of other businesses.
For the past 3 to 5 years, continuous commercialization was witnessed in the area, as commercial establishments started to multiply, new entrants started to surface, and big names in various industry stated to put up their businesses. As of present, the following are the observed existing establishments within Sto. Niño Commercial District:
• Barber shops
• Car wash
• Vulcanizing / tire supply shop
• Computer rentals / internet café
• Lying-in clinics
• Dental clinics
• Hardware stores
• Laundry shops
• Electronics repair shop
• Burger stands
• Beer houses
• Beauty salons (Cosmo, Reyes Haircutters, Artista Salon, etc.)
• Convenient store (7-11)
• Goldilocks (small cake kiosk) / Merced Bake Shop
• Western Union
• Natasha / Avon office
• Dunkin Donuts
• Milk Tea shop (Mang Cha-a)
• Bicycle shops
• Motorcycle repair shops
• "Lugawan"
• Prepaid load stalls
• Siomai (Master Siomai, Siomai Master)
• Drugstores (Abi Drug, Mercury Drug, Manson Drug, Generika, Generics Pharmacy)
• Wet and dry market
• Fresh Options Meat Shop / Monterey
• Photocopying shop / school supplies
• Jollibee and Mang Inasal
• Vape shop
• Travel agency / ticketing office
• Zagu
• Pandayan Bookstore
• Security Bank
• Asia United Bank
• Thai Massage / Spa
• Nail care shop
• Flower shops
• LBC
• Lechon manok (Andoks, Baliwag, Chooks To Go)
• Pansit Palabok
• HBC Beauty Shop
• Bakeries
• Bazaars / RTW shops
• Rice stations
• El Camino Market (new market)
• Robinsons Supermarket
• Puregold Jr.
• A new commercial complex (EMA Town Center) is presently undergoing construction

Aside from the existing establishments mentioned above, what could be a good business opportunity not yet existing in the area?
Here are some of the possible business opportunities that could be established in the area (or those I wish we have in the area so I won't have to go area anymore):
• A telecom office
• Bayad Center
• A prominent milktea shop
• A prominent coffee shop
• Movie house
• Car repair shops (like Yokohama, Rapide, Bosch)
• Department store
• Additional banks (household names like Metrobank, BPI, BDO)
• "Kakainin" shop
• Copy center (like Copy Trade)
• More fastfood chains (McDonald's)
• Restobar / bar
• Shoe repair shop (like Mr. Quickie)
• Dress alteration shop
• Pastry shop (Red Ribbon)
• Car parts shop
• Gas station (nearest gas station is some 500 meters away)
• Pizza parlor
• Nail spa    4 vg

NU12#4: What pisses me off at the office: ERP Problem by Gio Mendoza

Perennial ERP Central Server Problem

By Gio Mendoza 

A year have passed since our head office in Delhi, India have decided to centralize all customer databases from different Asian offices including our Philippine office. A central server was put into place in Delhi and we started to go live with our Enterprise Resource Planning (ERP) software. On a daily basis, we will have to access our weblink online in order to enter customer data to the central server thru a user interface or UI, i.e. each customer inquiry we get or acquire has to be directly entered into our ERP database thru this UI via the weblink. The central server and software generates an inquiry number for the company and a quotation number, called an "EQ number". This EQ number will be used as reference number for each price quotation we prepare and send to Philippine customers. However, this business process encountered repeated problems such as not being able to access the central server at times prior to 11am and frequent stalling during data entry sessions. Data entry is also very slow, server response takes a lot of time. This results to a long queue of inquiries awaiting for an EQ number which we have to deal with almost every week. It's a bottleneck and a source of frustration to the marketing personnel here. Though the ERP software vendor and service provider is one of the big players in its industry globally, the system still lacks the speed and responsiveness we need. We also came to know that the server is switched on only by 11am Indian time ( 8:30am Philippine time) and gets switched off after normal office hours. So we have to wait for them everyday to switch it on, and customers will have to wait as well. That's not really good service.

In order to improve this internal business process, I am proposing to install a thin server in our local office which will go online as soon as our office opens and no need to wait for the head office's central server to go online. The central server will automatically link with the thin server once it comes online to acquire all new data entries made on the thin server. Since the thin server is located in our local office, the speed of generating the EQ number is a lot faster with speedy access thru LAN. If any problem will occur with the thin server, we can troubleshoot it right away since it is physically with us. Data entered will also be secure since the central server can only access the thin server to take data from it. If the central server is also down, we will not be handicapped by it since the thin server is still operational, serving like a back up. Though some investment has to be made to install a thin server, the benefit of satisfied customers, efficiency and higher productivity by eliminating this bottleneck will be definitely worth it.  4  brilliant

Martin Revilla - NU12 Cellular Phone Innovations

Cellular Phone Innovation – 3G Hologram calls in the palm of your hand

Product development is the process of bringing a new product/products to the marketplace. Any business may need to engage in this process due to changes in consumer preferences, interests, increasing competition and advances in technology. Innovative businesses thrive by understanding what their market wants, making smart product improvements, and developing new products that meet and exceed their customers' expectations.

New products and improvement can be:

·      Products that your business has never made or sold before but have been taken to market by others

·      Product innovations created and brought to the market for the first time. They may be completely original products, or existing products that you have modified and improved.

Improvements and developments of products are not limited to existing businesses. New businesses, sole traders or even freelancers can forge a place in the market by researching, developing and introducing new or even one-off products.  Better marketing strategies and marketing plan will direct your product launch and help you make the most of your business and product exposure opportunities.

For Filipino's mobile phones have become a must and also for people from all over the world. An opportunity to stay in touch with friends and family members, access to email and business associates are just a few of reasons for the boosting importance of cell phones. Modern technically advanced cell phones are able not just receive and make mobile phone calls; it can take pictures, store data, and utilize your mobile phone as walkie-talkie. As well, there are a lot of various options that are available for users.

When mobile phones were introduced, they were expensive, bulky and some of them are even required a base unit to be transported along with the mobile phone. That time the major problem was quality reception and in fact early cell phones could just be used in certain locations where the cell phone signal was quite strong. With the advances in mobile phone technology, the difficult in utilizing them became easier. These days, cell phone reception has improved because of the use of satellites and wireless services. Because mobile phones are improved and became quite simple to use, the importance of mobile phones boosted as well.

I was thinking of a cellular innovation, introducing a new technology in terms of 3G calls, somewhat more engage and lively, out of this world concept that maybe or could be introduced years from now.  The idea is hologram 3g imaging where you can see "live" image of the person whom you're talking to, in a small image somewhat laser like light digital image coming out from the cellular phone.  This idea is not far from reality, cellular phone wants and needs for consumers are somewhat demanding and company's always innovate its specifications.  Right now the latest cellular innovation available is a 3d holographic movie with no glasses required.  The still images and video created are visible from wide angles, unlike other 3-D imaging technologies, which tend to limit how far to one side the viewer can be from the hologram.

NU12 # 4 Anthony G. Parungao - Business Innovation

NU12 # 4 by Anthony G. Parungao –  Business Innovation

SPEntrep S10

Inside our subdivision, majority of the successful business enterprises are related to food (shawarma, siomai, goto/mami, tapsi, burger/hotdog kiosks, liempo, pancitan, etc).  My sister-in-law started a home-based siomai/siopao wholesale business.  Last month an opportunity to rent a space was offered and she grabbed the 15 square meter rentable space for Php 6k/month along one of the major roads and fronting a public school.  Initially, she set up a counter with a streamer that displayed the siomai & siopao being sold and cold softdrinks to go along with the siomai or siopao. 

After a week,  she consulted me and solicited suggestions on how to attract more customers and increase sales.  I suggested she sell lugaw with a variety of toppings (hard boiled egg, crushed chicharon, siomai, tokwa't baboy and turbo liempo) to make the simple lugaw more exciting and flavourful for the customers.  Then the   canton with varieties like the plain canton with vegetables and chicken stock, canton with hard boiled egg, dry pancit canton, rice toppings with siomai and barbeque was added in the menu.   The menu can be unlimited in terms of combining the available ingredients.  So far, customers enjoyed the variety of menu and price was very competitive compared to other eateries serving the same food.

 The business started with relatively small capital and it now earns a daily revenue of Php1,700- Php2,500/day.  Overhead cost is only Php 6k/ month on rental and a fixed Php 700/month for water and electric consumption.  Not bad for a start-up business.   <wow this should appear in your presentation tomorrow!>

Aside from the food joints, there are numerous internet shops within the vicinity that attracts customers majority are students from the public school and residents inside the subdivision.  Every now and then my sister consults me on the next move or gimmick that we will launch. < you are  the NU business ideas generator for her? Magaling>

Our next project is to expand our market from the loyal customers within the neighborhood and the walk-ins from the peak foot traffic that is generated every Mondays-Fridays.  In one of my visits in the eatery,  I took time and observed outside the store, in less than an hour, I noticed customers coming out of the internet shop and bought snack to fill their cravings.

This gave me the idea on how to expand market reach.  We initially talked to the owner of the internet shop and offered that we put a food menu display inside the internet shop.  When the customer places the order, they can call us and we can deliver.  Internet shop is only a few steps away from our eatery.   Food is delivered on foot and is still hot and fresh upon arrival. 

After only a week of delivery service, the owner called us and suggested that we put-up a table right outside their internet store and display the food we can serve – free of rent. 

This may not be a so unique business idea but somehow, we managed to see the opportunities surrounding the environment and also managed to innovate on  simple Filipino meals that we always crave for anytime of the day.

By Anthony G. Parungao  4  Vg

SPEntrep S10

NU12 # 6 Anthony G. Parungao biometrics ID for ATM

NU12 # 6 – Biometrics for ATM  

by Anthony G. Parungao

SPEntrep S10

Have you ever been victimized by ATM card skimming?  One of our classmate Paolo was victimized about three months ago.   He posted in his NU about this incident but apparently he did not provide or suggested a countermeasure to deter skimming. 

Have noticed that almost all ATMs are now equipped with a cover on the keyboard which make it difficult for customers to key-in the PIN when transacting.  Aside from the built-in CCTV cameras installed in the ATMs and keypad covers I don't know if there are other monitoring devices installed inside the ATMs to deter skimming. 

Why not incorporate a biometric device on the ATM that will require customers to identify themselves via thumb prints or hand prints after inserting the ATM card and encoding their PIN?  With the existing technology, this will also prevent unauthorized personnel transacting in behalf of the ATM card owner (We are all guilty of this practice).  This will be a fantastic solution to absolutely eliminate skimmers.  It will be useless to copy the data of the ATM card and steal the PIN in the absence of a thumb or hand print validation.   It's about time the ATM manufacturers do something about the rampant modus operandi of criminals. 4

Anthony G. Parungao

NU12 SPENTREP S10