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<strong>SME</strong> <strong>Community</strong><br />

Philippines<br />

A special publication for <strong>Planters</strong>bank <strong>SME</strong> clients and friends Vol. 2 No. 1 2007<br />

Siblings Mia & Tomy Florencio<br />

Inside:<br />

Anthuriums for all occassions<br />

11 business ideas for 2007<br />

Know real from fake money<br />

Start your own BLOG!


contents<br />

Here’s to a colorful 2007!<br />

A New Year has begun; more recently the century marked<br />

the lunar year of the Fire Boar. As with all beginnings, this new<br />

year should be viewed with rosy optimism. We expect it to be<br />

full of colorful events, in view of the promise that the past year<br />

has shown.<br />

What better color to grace our cover than the glitter of<br />

diamonds! Siblings Mia and Tomy Florencio, along with dad<br />

Renato, tell a fascinating story about their family business,<br />

Recomira-Ray Corp.<br />

From minerals we segue into the color of flowers. Gerry<br />

Bote of Agrikultura Pilipina Inc. tours us through his sprawling<br />

anthurium farm, which is a sea of green punctuated by the<br />

orange, red, pink, light green and white blooms of different<br />

varieties. We could not believe our own eyes when he showed<br />

us the colors of his experimental varieties – blood red, lilac,<br />

pale green, and even brown.<br />

Our third feature is about a company designed to drive<br />

the blues away. Regaloservice.com, an online gift-ordering<br />

business, promises to be the most convenient way to send<br />

gifts to your loved ones, making them pink with joy!<br />

We even have a feature on colors that only a very few<br />

gifted people can see. Intrigued? Turn to page 19, but do so<br />

with an open mind.<br />

Our Hotline section tells us more about what <strong>Planters</strong>bank<br />

is doing to serve its customers better. Sales training consultant<br />

Adrian Miller talks about business networking. Marketing<br />

expert Herbie Sancianco foresees better prospects of business<br />

success in this Year of the Fire Boar.<br />

We also talk about the color of real money – the Philippine<br />

peso, through some tips condensed from a pamphlet published<br />

by the Bangko Sentral ng Pilipinas. For the high-tech reader,<br />

you can learn more about blogging when you turn to page<br />

21. And if you want to get richer, read our book review before<br />

getting a copy of ‘The 48 Laws of Power’ by Robert Greene.<br />

2 HOTLINE<br />

News from <strong>Planters</strong>bank<br />

6<br />

10<br />

13<br />

14<br />

17<br />

19<br />

20<br />

22<br />

24<br />

COVER STORY<br />

Diamonds in the blood<br />

FEATURES<br />

Anthurium King<br />

SALES TRAINING<br />

“It’s better to give than to receive”<br />

<strong>SME</strong> FOCUS<br />

Express your thoughts<br />

- Regaloservice.com<br />

MARKETING<br />

Interesting ideas for 2007<br />

PRODUCTIVIT Y<br />

Healing the office<br />

-An extraordinary point of view<br />

MONEY TIPS<br />

Money, money, money<br />

TECHNOLOGY<br />

Blogging: the wave of the future?<br />

BOOK REVIEW<br />

48 Laws of power<br />

Editorial Board<br />

Publisher<br />

Editorial Adviser<br />

Managing Editors<br />

Editorial Associate<br />

Contributing Editor<br />

Circulation<br />

Photography<br />

Design & Layout<br />

<strong>Planters</strong> <strong>Development</strong> <strong>Bank</strong><br />

Roberto F. Banaag<br />

Dennis P. Liuag<br />

Olive B. Ramirez<br />

Gracie L. Rivera<br />

Estelle Piencenaves<br />

Joy G. dela Cruz<br />

Carlo Sanchez<br />

Anthony Yu<br />

Quatro Grafix, Inc.<br />

Get in touch with us at:<br />

Corporate Communications Department<br />

12/F <strong>Planters</strong>bank Bldg., 314 Sen. Gil Puyat Ave., 1200 Makati City, Philippines<br />

Tels: (632) 884-7600 (trunkline) • 884-7654 (direct)<br />

Email: corpcomm@plantersbank.com.ph • Website: www.plantersbank.com.ph<br />

Join <strong>SME</strong> <strong>Community</strong> Philippines<br />

Visit www.sme.com.ph


hotline<br />

<strong>Planters</strong>bank Chairman opens CEO forum in KL<br />

<strong>Planters</strong>bank chairman Ambassador Jesus P. Tambunting is taking the lead in the<br />

<strong>SME</strong> Finance initiative to build a regional knowledge and business network that will<br />

allow development banks and other specialized financial institutions to dialogue<br />

and address issues related to financing the <strong>SME</strong> sector. Seated at the presidium are<br />

Malaysia’s Finance Minister II Mohammed Yackop and Association of <strong>Development</strong><br />

Finance Institutions of Malaysia chairman Abdul Rahim bin Mohd Zin.<br />

<strong>Planters</strong>bank supports PinoyME<br />

<strong>Planters</strong>bank joins former Philippine president<br />

Corazon C. Aquino in rallying popular support behind<br />

PinoyME, a movement to alleviate poverty and improve<br />

the quality of people’s lives through micro enterprise<br />

development.<br />

PinoyMe aims to mobilize micro credit and<br />

support services to ensure meaningful and sustainable<br />

integration of the working and entrepreneurial poor into<br />

the mainstream economy. Its immediate goal dubbed<br />

“ 5-5-5 “ will tap microfinance institutions (MFIs) and<br />

provide financial and related services to 5 million clients<br />

in impoverished communities and to raise P5-Billion in<br />

capital over a 5-year period.<br />

<strong>Planters</strong>bank, the leading privately-owned provider<br />

of Small and Medium Enterprise (<strong>SME</strong>) finance in the<br />

country, is one of the business sector partners of the<br />

PinoyME consortium. The consortium brings together<br />

the country’s top corporations, the microfinance<br />

institutions, social development foundations and the<br />

academic community.<br />

PinoyME marked its first anniversary on January 22 in<br />

Ortigas Center in Pasig City . The anniversary celebration<br />

coincided with the official launch of the movement<br />

Former Philippine president Aquino keynoted the<br />

anniversary celebration. Citing poverty and inequity<br />

/ sme.com.ph<br />

<strong>Planters</strong>bank chairman Ambassador Jesus P. Tambunting<br />

was opening speaker during the third annual CEO Forum<br />

held November 27 to 28 in Kuala Lumpur, Malaysia.<br />

The conference held around the theme “<strong>SME</strong> <strong>Bank</strong>ing:<br />

Structures, Dynamics and Challenges” was inaugurated by<br />

Malaysia’s Minister of Finance II Tan Sri Nor Mohamed Yakcop<br />

and hosted by the Association of <strong>Development</strong> Finance<br />

Institutions in Malaysia (ADFIM).<br />

Ambassador Tambunting said the conference comes at<br />

a most opportune time when countries across the region<br />

have placed <strong>SME</strong> promotion on top of their economic<br />

agenda.<br />

“In Pakistan, Malaysia, India, Thailand, Sri Lanka and the<br />

Philippines there are specific DFIs catering to <strong>SME</strong> financing<br />

and have “branded” themselves as <strong>SME</strong> <strong>Bank</strong>s,” he pointed<br />

out. Technological advances, the standardization of business<br />

rules, new financial instruments, have enabled DFIs to find<br />

common ground in their resolve to support <strong>SME</strong>s.<br />

The CEO Forum is part of the regional <strong>SME</strong> Finance<br />

Initiative of the Association of DFIs in Asia and the Pacific, the<br />

ADFIM and the Geneva-based International Trade Center.<br />

Other initiatives are the <strong>SME</strong>FI.com Knowledge Net on <strong>SME</strong><br />

Finance and the <strong>SME</strong> Center for Training and Consultancy<br />

Services, jointly administered by <strong>Planters</strong>bank.<br />

as principal threats to the country’s democracy, Mrs. Aquino called on the<br />

private sector to bring “people power” to a higher level by supporting PinoyME<br />

projects that will develop the entrepreneurial skills of low-income Filipinos.<br />

<strong>Planters</strong>bankers led by <strong>Bank</strong> chairman Ambassador Jesus P. Tambunting show support<br />

for former President Corazon C. Aquino’s call to beat poverty and inequity by promoting<br />

entrepreneurship.


Branch Network in<br />

expansion mode<br />

The country’s largest private development<br />

bank boasts of a stronger branch presence, adding<br />

convenience for Filipino <strong>SME</strong>s.<br />

In time for New Year’s Day, Branch <strong>Bank</strong>ing<br />

Group opened offices in P. del Rosario-Cebu, J.P.<br />

Laurel -Davao, Ortigas Center and Kapasigan in Pasig<br />

City, and Lagro, Novaliches in Quezon City. These<br />

branches are now in place to meet the growing<br />

demands of growth-seeking companies in the <strong>SME</strong><br />

sector.<br />

Earlier, <strong>Planters</strong>bank established or transfered<br />

branches to new locations in Balibago - Angeles<br />

City and Mount Carmel in San Fernando, Pampanga,<br />

Quezon Avenue and Cubao in Quezon City, and<br />

Baclaran in Parañaque.<br />

“Our expansion reflects our fullest support to<br />

Filipino entrepreneurs,” according to <strong>Planters</strong>bank<br />

president Maria Flordelis F. Aguenza. “We are<br />

determined to continue providing Filipino<br />

entrepreneurs with <strong>SME</strong>-friendly financial services<br />

for their business as well as their individual needs.”<br />

Empowering<br />

Iloilo’s <strong>SME</strong>s<br />

Iloilo City—<strong>Planters</strong>bank Iloilo Branch headed<br />

by AVP Josephine Caram and representatives<br />

of the <strong>SME</strong> community in this city engaged in a<br />

dialogue on “Empowering the Entrepreneurs”.<br />

Among participants is the Tiu family, a long-time<br />

client of the branch whose company makes and<br />

distributes a range of food products from bihon<br />

noodles, Party Fruity lollipops, Fiesta fruit juices<br />

and peanut choco bars.<br />

hotline<br />

Above, AVP Josephine<br />

Caram. Below, production<br />

line at Tiu family-owned<br />

candy factory.<br />

vol. 2 issue 1 2007 /


hotline<br />

<strong>Planters</strong>bank<br />

aids Cagraray<br />

islanders<br />

Responding to appeals for emergency<br />

relief, <strong>Planters</strong>bankers and affiliates spared<br />

no time gathering food supplies, medicine,<br />

clothing and cash for families who lost<br />

homes and livelihood when typhoon<br />

Reming lashed Southern Luzon. The appeal<br />

resulted in cash donation totalling P70,000<br />

and five peerless boxes crammed with<br />

much-needed supplies from <strong>Planters</strong>bank<br />

senior management and staff.<br />

<strong>Planters</strong>bank SVP Consuelo V. Dantes presents<br />

Fr. Nomer Balamaceda with cheque and relief<br />

supplies destined for families in Cagraray<br />

Island, Albay.<br />

/ sme.com.ph<br />

BSP e-rediscounting<br />

boost to <strong>SME</strong> sector<br />

The new Bangko Sentral ng Pilipinas<br />

electronic rediscounting facility is expected<br />

to boost the level of competitiveness of the<br />

country’s small and medium-scale enterprise<br />

(<strong>SME</strong>) sector.<br />

<strong>Planters</strong>bank president Maria Flordelis F.<br />

Aguenza welcomed the innovation and said<br />

it will add greater efficiency by simplifying and<br />

centralizing loan processing and payment<br />

procedures. This will benefit the bank’s <strong>SME</strong><br />

client base nationwide, she added.<br />

As a pilot subscriber of the new internetbased<br />

service, <strong>Planters</strong>bank will be able to<br />

conduct real-time rediscounting transactions<br />

and inquiries with the BSP.<br />

The BSP electronic facility will ensure the<br />

immediate availability and faster delivery of credit<br />

to <strong>SME</strong>s, especially those in the countryside,<br />

according to Mrs. Aguenza.<br />

<strong>SME</strong>s are a significant part of the Philippine<br />

economy. Comprising nine out of 10 businesses,<br />

<strong>SME</strong>s employ more than half of the Philippine<br />

labor force and generate substantial foreign<br />

currency earnings from exports like processed<br />

food, high value aquamarine and agricultural<br />

products, upscale home furnishings and jewelry.


hotline<br />

Tulong Barya<br />

para sa Eskwela<br />

BSP Governor Amando M. Tetangco<br />

Jr. (second from left) receives the check<br />

representing funds collected by <strong>Planters</strong>bank<br />

in support of the BSP-Department of<br />

Education campaign Tulong Barya para<br />

sa Eskwela from <strong>Planters</strong>bank corporate<br />

communications head FVP Roberto F.<br />

Banaag. The collections landed <strong>Planters</strong>bank<br />

in the Top Five contributors among Thrift<br />

<strong>Bank</strong>s. Also in photo are BSP corporate affairs<br />

director Fe de la Cruz, BSP director Edna Villa<br />

and Chiqui Syquia, BSP deputy director for<br />

corporate affairs.<br />

<strong>Planters</strong>bank “bares all”<br />

with <strong>SME</strong> precedence<br />

Striving to rev up like a well-oiled machine, our economy<br />

continues to progress because of the dynamic proliferation of<br />

Filipino small and medium enterprises (<strong>SME</strong>s). Most of us are not<br />

aware of it but over 90% of businesses in the country are comprised<br />

of <strong>SME</strong>s. They are also the primary source of employment thus<br />

making them a key driving force in poverty alleviation.<br />

<strong>SME</strong>s encourage private ownership and entrepreneurial skills.<br />

They are flexible businesses and can adapt quickly to the dynamic<br />

market of demand and supply. They help diversify economic activity<br />

and make a significant contribution to export and trade.<br />

Their products are a fixture in our lives: in the food that we eat,<br />

in the jewelry that we wear, in the homes that we live in. Without<br />

<strong>SME</strong>s, life becomes decidedly lacking. Stripped of the basics -<br />

BARE!<br />

Heeding to the call for the support of <strong>SME</strong>s, <strong>Planters</strong><br />

<strong>Development</strong> <strong>Bank</strong> (<strong>Planters</strong>bank), recently launched “BARE”, a 30-<br />

second TV commercial which aims to shed light on the importance<br />

of <strong>SME</strong>s in our everyday life. Conceptualized by Blue Bottle, Inc. and<br />

produced in cooperation with ANC, “BARE” allows the viewer to give<br />

a second thought to the alternative, stark world of few choices.<br />

Acknowledging <strong>SME</strong>s as a strategic engagement in the global<br />

trade, Ambassador Jesus P. Tambunting,<strong>Planters</strong>bank chairman and<br />

CEO, affirms that “more and more developing countries worldwide<br />

have placed the promotion and development of small and medium<br />

scale enterprises on top of their economic agenda.” He believes<br />

that <strong>SME</strong>s as part of the foreign trade will “set off sparks leading<br />

to a progressive chain reaction-increasing economic participation,<br />

multiplying income opportunities and jobs, driving market growth<br />

and improving the quality of life.”<br />

Through <strong>SME</strong>s, life is complete.<br />

<strong>Planters</strong>bank Business Club Checking account<br />

provides for family after father’s death<br />

Mrs. Melinda Pitogo (right) insurance<br />

benefit from coverage that came with<br />

her late husband’s <strong>Planters</strong>bank Business<br />

Club checking account.<br />

Even in death, a <strong>Planters</strong>bank<br />

client proved to be a great provider<br />

for his widow and the children he<br />

left behind. Mrs. Melinda Pitogo did<br />

not expect the endowment which<br />

formed part of the estate of her late<br />

husband and entrepreneur Rolan, a<br />

long-time <strong>Planters</strong>bank client. Mrs.<br />

Pitogo received P1million insurance<br />

benefit from GenSan Branch senior<br />

manager Tess Pacheco on November<br />

21. The sum represents the account<br />

accidental death insurance benefit<br />

under the <strong>Planters</strong>bank Business<br />

Club checking account.<br />

vol. 2 issue 1 2007 /


cover story<br />

Diamonds<br />

in the Blood<br />

By Maria Divina Solano<br />

“Look more at establishing relationships<br />

rather than making a fast buck.’”<br />

Experience, education and business savvy are<br />

vital ingredients in a successful venture. Now<br />

on its twelfth year of operations, family-owned<br />

Recomira-Ray Corporation is equipped with all three.<br />

Jewelry is the core business of the Florencio’s<br />

management holding company. One could say, the<br />

passion for jewelry making is in their blood because<br />

all three Florencio children are following in their<br />

maternal grandparents’ footsteps.<br />

/ sme.com.ph<br />

Photos by Anthony Yu


Passing the torch<br />

Benigno Matheu, a well-known goldsmith from the late 1950s<br />

to the 1960s, and his wife, Balbina, ran a successful jewelry business<br />

in their family home in Sta. Cruz, Manila. But it seemed none of their<br />

three daughters would get into the same line, until the youngest,<br />

Corazon, moved part of the business to Marikina in 1988. She began<br />

in the basement of their house with two plateros or goldsmiths.<br />

“My only advice was for her not to lose too much money,”<br />

says Renato Florencio, Corazon’s husband, who convinced her to<br />

continue the Matheus’ legacy. It would have been a waste if no one<br />

took up the business her parents worked so hard to establish.<br />

“Initially, she sold to former classmates, co-parents in Ateneo<br />

and my own personal network,” adds Renato, who was president<br />

and general manager of Connell Bros. Co. Pilipinas, Inc at the time.<br />

It didn’t take long before it became evident that the Florencio<br />

children had inherited the love for the craft. Teresa (Mia), Rafael<br />

and Thomas Ray (Tomy) all attended the Gemological Institute of<br />

America (GIA) after receiving their respective degrees at the Ateneo<br />

de Manila University. As graduate gemologists, the Florencio<br />

children were the first in the family to receive formal schooling in<br />

jewelry. Combined with the years of knowledge and experience<br />

inherited from first- and second-generation jewelers, the credentials<br />

enabled the Florencio siblings to push the business forward.<br />

The time was ripe to take it to the next level.<br />

Opening the first shop<br />

Rafael, whom his father describes as most entrepreneurminded,<br />

first came up with the idea of opening a store. The elder<br />

Florencio talked to the Shangri-La Plaza mall president.<br />

The jewels passed standards and the first Rafael Jewellery<br />

shop opened its doors in 1995, the same year Recomira-Ray Corp.<br />

(an acronym derived from the first names of the Florencios) was<br />

registered with the SEC.<br />

“Our first space in Shangri-la mall wasn’t a prime location,”<br />

shares Renato. “But after six or seven years, we were able to establish<br />

ourselves and gain recognition so were given a corner store, which<br />

has more visibility and foot traffic.” Indication enough that business<br />

is doing well.<br />

Mia worked as an account manager in McCann-Erickson<br />

Philippines before joining the family business in 1996. She is able to<br />

apply her knowledge, experience and contacts in the advertising<br />

industry in promoting Rafael Jewellery and the other businesses<br />

that came after.<br />

Growing the business<br />

“We now have 15 stores in Metro Manila and one in Davao,” says<br />

Renato, who ended his 15-year stint at Connell Bros. Co. to devote<br />

himself to the family business in 1996. The shops are distributed in<br />

prime locations.<br />

Rafael Jewellery opened their second branch in Makati<br />

Shangri-La Hotel in 2002, two years after the company became one<br />

of four jewelers in the Philippines selected by De Beers Diamond<br />

Promotion Services to create a jewelry line for the Philippine<br />

Centennial Celebration.<br />

“The shop sells diamonds, colored stones and pearls,” says Mia.<br />

“It caters to the older and upscale market.”<br />

cover story<br />

The company also opened the first My Diamond Jewelry Store<br />

in 1999, which features smaller items with a younger look. “It caters<br />

to yuppies and teens—the 20s to 30s market,” Mia explains.<br />

The objective is to make jewelry affordable to those who want<br />

to invest in valuable pieces, depending on their budget. She says<br />

they can offer lower-priced items because the stones are smaller<br />

compared to those at Rafael but the craftsmanship continues to<br />

be exquisite.<br />

“The initial idea for My Diamond was a kiosk since Filipinos find<br />

it intimidating to enter a shop selling diamonds,” Mia shares.<br />

They opened a kiosk at Glorietta 4 and although it was able to<br />

sell, people did not think it featured serious jewelry. They learned<br />

that when it comes to selling diamonds (even smaller-priced items)<br />

people want to feel that they are making a special purchase. So the<br />

Florencios switched from the jewelry kiosk to a free-standing shop.<br />

Now, My Diamond has four branches.<br />

vol. 2 issue 1 2007 /


cover story<br />

In 1998, the company landed the very first<br />

exclusive national distributorship of Moissanite<br />

outside the United States. by appointment from<br />

U.S.-based Charles and Colvard, the sole supplier<br />

of Moissanite gemstones (silicon carbide).<br />

Moissanite Philippines has four branches in<br />

Glorietta, SM City North Edsa, Megamall and SM<br />

City Davao that specialize in Moissanite gems<br />

and other semi-precious stones.<br />

Another foreign brand that the company<br />

distributes locally is TechnoMarine. Recomira-<br />

Ray Corp. launched the Swiss brand in the<br />

Philippines in 2001, under the exclusive<br />

dealership of TechnoMarine Enterprises<br />

Philippines, Inc. The upscale watches are available<br />

in two TechnoMarine branches and in all Rafael<br />

Jewellery shops. Today, TechnoMarine is one of<br />

the best-selling watches in the country.<br />

While the company has also diversified its<br />

line to include watches and even agri-business<br />

in Tarlac, jewelry continues to be their core<br />

business. Renato says they can expand in two<br />

ways. “We can continue to add new product<br />

lines, complimentary or otherwise, but only if<br />

we become the exclusive Philippine distributor.<br />

We can also add stores—the more exclusive<br />

products, the more stores we can put up, this in<br />

turn allows us to get closer to the customers.”<br />

Striving and succeeding<br />

Building their own business has entailed<br />

many sacrifices from the Florencios. These<br />

include the cost of sending all three children<br />

to the United States for training. Investing<br />

in their education was part of a bigger plan.<br />

In addition, since they sell jewelry and other<br />

upscale merchandise, there is big money in the<br />

inventory. “This is why we need to get loans for<br />

expansion.”<br />

From a personal point of view, managing<br />

your own business means getting no vacation,<br />

says Mia. Peak season for jewelry shops is<br />

December, during which the sales average for<br />

the industry is equivalent to that of three to<br />

four months. This means sacrificing holiday time<br />

during Christmas.<br />

Success comes with its share of sacrifices<br />

and rewards. And the Florencios have learned a<br />

lot along the way.<br />

Aside from finding and pursuing their<br />

passion, handling their people well and getting<br />

the right education, Mia says the willingness to<br />

gamble and explore opportunities has proven<br />

important to them.<br />

The company was able to expand because<br />

they ventured to act on the opportunities<br />

/ sme.com.ph


that came along the way. For example, they first learned about<br />

TechnoMarine when they saw a famous friend sporting the watch.<br />

They also encountered it in jewelry and watch shows abroad. It<br />

looked like a good business opportunity and they did not let it<br />

slip.<br />

Credibility and trustworthiness are also vital. “Customers<br />

should feel they are getting a fair deal,” explains Renato. “Part of that<br />

is developing patience. As one of the old jewelers told me early on<br />

in the game, “Look more at establishing relationships rather than<br />

making a fast buck.’”<br />

Renato, who served as president of the Guild of Philippine<br />

Jewelers for three years, also puts a premium on transparency.<br />

When dealing with people, he says, there should be no major or<br />

even minor surprises. “At the end of the day, what matters is, ‘Do you<br />

still want to do business with me again and vice versa.’ Hopefully<br />

the answer is ‘yes’ both ways.”<br />

Success also entails paying the bills on time, as much as<br />

possible. “It pays to have a good credit rating,” he adds.<br />

Projections for 2007<br />

Given the economic situation, Mia says the lower-income<br />

clientele may be less able to afford jewelry this year. This is one<br />

of the reasons why they offer mid-priced jewelry in My Diamond<br />

and Moissanite. She says that patrons of high-end products,<br />

however, are expected to continue making purchases since<br />

they will not be too affected by financial difficulties. Mia is also<br />

currently serving as vice-president of the Guild of Philippine<br />

Jewelers.<br />

Recomira-Ray Corp. plans to continue its expansion in<br />

2007. Renato says, “We hope to have two more stores in Cebu<br />

before the end of the year.” They also plan to start franchising<br />

Moissanite to other stores in July, and eventually find an export<br />

market, particularly in the United States., which still has the<br />

biggest demand for jewelry.<br />

This year, they will also launch T. Florencio, Tomy’s own<br />

line of jewelry. Among the Florencio children, it is he who has<br />

truly inherited his grandfather Benigno Matheu’s qualities in<br />

the design and crafting of jewelry pieces. A perfectionist like<br />

his grandfather, Tomy holds the distinction of being the first<br />

Filipino to graduate from GIA with a Graduate Jewelry Business<br />

Management diploma.<br />

“In the Philippines, people recognize the jewelry shop<br />

instead of the item. There is no branding,” says Tomy. “We want<br />

to establish our brand to be known as jewelry of high quality.<br />

When it comes to jewelry, the materials used might be the same.<br />

The difference lies in the quality of labor and the design.”<br />

The T. Florencio line is distinguished from other brands by<br />

a piece of ruby and a strip of rose gold incorporated into the<br />

jewellery piece.<br />

Asked about the challenges they encounter, Renato has this<br />

to say: “The most interesting is how to work together as a family<br />

and hopefully stay united and maximize each others’ strong<br />

points. We can be very strong if we continue to work together.”<br />

And, indeed, as a family, they have managed to grow—as<br />

Mia puts it, “from one shop and from being a no-name to slowly<br />

establishing ourselves as a credible and reputable jeweler”.<br />

cover story<br />

Gems of Business Wisdom<br />

• Find your passion. Find the product or service that you<br />

can feel passionate about. “That means having to work<br />

even during the holidays,” according to Mia Florencio.<br />

• Learn how to work with your people. Filipino goldsmiths<br />

are very talented; they have an instinct for the craft.<br />

Unlike other goldsmiths, they can create the design<br />

based on a rough drawing or a description. But managing<br />

them is a challenge since many of them have an artist’s<br />

temperament.<br />

• Educate yourself about what you’re getting into.<br />

• Be willing to gamble. The willingness to try new things<br />

that you could use in the business is a key factor,<br />

according to Rafael Florencio.<br />

• Credibility and trustworthiness are vital. “When customers<br />

do business with you, they should feel they are getting a<br />

fair deal,” says Renato Florencio.<br />

• Like the craft of making jewelry, building a business<br />

requires endless patience.<br />

• Building relationships comes first over making a fast<br />

buck. Establish a good brand to promote trust with your<br />

customers, according to Tomy Florencio.<br />

vol. 2 issue 1 2007 /


features<br />

Gerry Bote<br />

Anthurium King<br />

By Estelle Custodio-Piencenaves


“Over the five<br />

years we developed a<br />

very clear cut leading<br />

edge that would<br />

distinguish us in the<br />

market. In this scale<br />

of production, we’re<br />

the only one”<br />

Photos by Carlo Sanchez<br />

Hues of red, yellow, brown, pink,<br />

peach, and white welcome Gerry<br />

and Gie Bote every time they visit<br />

their anthurium farm located at the foot of<br />

Mt. Malarayat in Batangas.<br />

With the sprawling land, fresh air and<br />

coconut trees, it could pass off as a vacation<br />

house or perhaps the perfect retirement<br />

farm. But, this five-hectare land isn’t meant<br />

for relaxation.<br />

It is the home of Agrikultura Pilipina<br />

Inc., the biggest anthurium business in the<br />

country. They harvest 8,000 flowers, twice<br />

a week—which totals to almost a million<br />

picked flowers in a year.<br />

A risk taker<br />

When he started the business, Gerry<br />

had no passion for taking care of plants or<br />

flowers. But when the opportunity knocked,<br />

his strong entrepreneurial spirit ignited his<br />

interest.<br />

In the 1980’s, Hawaii (pioneer in<br />

commercial anthurium growing) was struck<br />

by a plant epidemic that almost wiped out<br />

their anthurium industry. Gerry and Gie saw<br />

then the potential for growing anthuriums<br />

in the country. “We had land, we didn’t<br />

know what to do with it. And we thought,<br />

we’re closer to Japan (prime importer of<br />

anthuriums) than Hawaii is to Japan, and so<br />

we jumped into it,” Gerry narrates.<br />

Going into the business half-blind,<br />

Gerry learned the ropes of farming and the<br />

special demands of anthuriums, the hard<br />

way. “They are very difficult to grow. If I knew<br />

what I know now, I wouldn’t get into it,” he<br />

features<br />

jokingly remarks. “Farming is not easy, it’s<br />

not for retirement! You can’t manage from<br />

the top,” he adds with a tone of experience<br />

in his voice.<br />

The first greenhouse was put up in<br />

1992 on half a hectare of land. For five<br />

years, Gerry stayed in Batangas to manage<br />

the farm full-time. His wife managed their<br />

other businesses and stayed with their kids<br />

in Manila.<br />

The couple had to make this sacrifice<br />

after they were troubled by an insect<br />

infestation at the early stage of business.<br />

“It was just a few months after we started.<br />

Because of the infestation, we threw 20,000<br />

flowers a month for six months! Every<br />

blemished or scratched flower can’t be<br />

exported to Japan’,”he recalls.<br />

In order to control the pests, Gerry<br />

and agriculturist/industrial partner Nikon,<br />

employed techniques that combined<br />

the careful use of chemicals and good<br />

management. Their hard work eventually<br />

paid off.<br />

Within the five years, the farm<br />

expanded twice. From half a hectare, they<br />

now have two hectares. The couple also<br />

opened Holland Blooms, a flower shop that<br />

showcases their anthurium varieties as well<br />

as up and coming “test” varieties that are not<br />

yet commercially available in the market.<br />

“Over the five years we developed<br />

a very clear cut leading edge that would<br />

distinguish us in the market. In this scale<br />

of production, we’re the only one,” Gerry<br />

states.<br />

A specialized flower<br />

The anthurium is globally known as<br />

a sympathy flower. It is distinctly popular<br />

for its long shelf life. Yet ironically, it’s very<br />

delicate to grow.<br />

Anthuriums don’t have layers that can<br />

be peeled off and they easily get bruised.<br />

Anthuriums are also very attractive to pests<br />

since—and this is another revelation—<br />

they are not really flowers but leaves.<br />

Nature just gave it a colourful spathe —<br />

the leaf equivalent of petals to attract the<br />

bees.<br />

To harvest the perfect anthuriums,<br />

each greenhouse in the farm simulates<br />

the conditions in a rain forest—the natural<br />

habitat of anthuriums. They even pipe in<br />

some music and natural sounds found in the<br />

rain forests of South America to encourage<br />

the flowers to grow.<br />

vol. 2 issue 1 2007 / 11


features<br />

“All our plants<br />

come from Holland.<br />

We have access to<br />

technology and new<br />

varieties. Our edge<br />

is our varieties and<br />

each is patented.”<br />

The latest farming technologies are also applied. “We grow<br />

them using volcanic rock, automated fertilizer distribution and<br />

base irrigation. We don’t use manure. Our greenhouses have nets<br />

and plastic roofing since anthuriums don’t like getting drenched in<br />

water. It lessens their chances of getting sick,” Gerry says, describing<br />

their efficient system in place.<br />

Agrikultura grows 14 varieties of anthurium, all of which were<br />

developed by Anthura BV in Holland. Getting a reputable supplier,<br />

the biggest in the world, gives them the edge over competitors.<br />

“All our plants come from Holland. We have access to technology<br />

and new varieties. Our edge is our varieties and each is patented.”<br />

The plants produce flowers in six months and it takes another<br />

six months before the flowers are ready for picking. A plant<br />

can produce high quality anthuriums within six to eight years,<br />

depending on the variety.<br />

Not just for sympathy (2007 projections)<br />

Fourteen years in the business and Gerry is quite happy that<br />

people are discovering newer applications for anthuriums. His<br />

forecast is that it would be a good year for business.<br />

Fifty percent of picked anthuriums are now being used<br />

in weddings, business events and hotels. In order to meet the<br />

demand locally and internationally, they will be increasing volume<br />

of production this year.<br />

“We stopped exporting in 2001 since many commercial<br />

anthurium farms closed that year and the prices got better locally.<br />

This year we are looking at reviving our export market specifically in<br />

Hongkong, Brunei and the United States. We will be adding another<br />

half hectare to the farm,” says Gerry.<br />

New anthurium varieties in purple, neon colors, and even<br />

scented ones are being developed. It is also their fifth year to<br />

organize the Andre Awards for Excellence in Floral Design, an annual<br />

event for floral designers and promoting the use of flowers.<br />

The year 2007 is expected to be a very busy year for the<br />

country. We can count on Agrikultura Pilipina Inc. to play their part<br />

in making it as colourful as can be.<br />

Agrikultura Pilipina, Inc. tel. no. (632) 9122671.<br />

12 / sme.com.ph


Based in New York, Adrian Miller is the president of Adrian Miller Direct Marketing, a<br />

sales training and consulting company that provides customized, results-driven training<br />

programs to companies worldwide. AMDM’s programs focus on the techniques and skills<br />

needed for building new business and retaining existing business, resulting in increased<br />

‘ROA’ (Return on attention). She can be reached at amiller@adrianmiller.com.<br />

sales training<br />

“It’s Better To Give Than To Receive”<br />

Photo by Shutterstock/Bezkorovayny Dmitry.<br />

Who wasn’t told as a child that it’s better to give than<br />

to receive? At the time, we might of thought that this only<br />

referred to birthday and holiday gifts, but this old adage is just<br />

as applicable now that we’re adults, especially when it comes<br />

to business networking.<br />

If you have been to a networking event, you have probably<br />

met individuals who only want to talk about themselves. They<br />

have unfortunately mastered the “it’s all about me” mode of<br />

communication.” They’ll corner you to tell you about what<br />

they do and what type of leads they are seeking, never asking<br />

you anything about yourself. Meanwhile, your mind drifts<br />

elsewhere as you try to plan your escape from their clutches.<br />

These same people will also be the first ones to email or call<br />

you, not to ask how they can be of assistance to you, but<br />

rather to obtain contacts or introductions to others. Are they<br />

kidding?<br />

What these “takers” have forgotten is that networking is<br />

a two-way street. It’s not about selfishly achieving the goal<br />

of finding that “direct fit” with the product or service that you<br />

provide. Rather, networking is the selfless art of facilitating<br />

introductions to help others.<br />

Yes, networking is all about giving, and not always about<br />

receiving. But, there is a lot to be gained in the process of<br />

networking. By helping others connect, you contribute to<br />

a world of concentric circles that can spawn many new<br />

connections. And, you might just be surprised how your<br />

generosity turns into successful leads for yourself. Think of this<br />

process as “networking karma.”<br />

For those who continue to wear “networking blinders,”<br />

only thinking of how others can help them, they are missing<br />

out on many, many opportunities beyond their immediate<br />

sphere of influence. So, at your next networking event, keep<br />

in mind what you learned long ago about giving and receiving<br />

as you meet others, and watch how your connections grow.<br />

vol. 2 issue 1 2007 / 13


sme focus<br />

Express your<br />

thoughts!<br />

By Tichot San Pablo<br />

What drove young working mother<br />

Reggie Bundang to put up this innovative<br />

business venture, Regaloservice.com?


It usually takes a little time for me to be comfortable talking<br />

with someone for the first time. With Reggie Isada-Bundang,<br />

I immediately felt at ease. It must have been the intelligence<br />

shining through her eyes, or her friendly smile which somehow<br />

told me that I would enjoy interviewing her for this story. Or<br />

maybe because I found out that we were practically neighbors<br />

in what many consider as geographically undesirable Cainta?<br />

Reggie started her story by recounting how she was, for so<br />

many years, a denizen of the corporate world. Then a blessing<br />

turned her life around. After eight years of waiting, her daughter<br />

Beatriz was born. Time became so much more precious. Time at<br />

work meant time away from Beatriz. Reggie, the career girl, was<br />

forced to transform herself into Reggie, the entrepreneur.<br />

What makes entrepreneurs tick? More often than not it is an<br />

uncommonly strong drive, a steadfast will to succeed, a clearcut<br />

vision of a solid future, and yes, a burning desire to get rich!<br />

Reggie is, simply put, refreshingly better than this stereotype.<br />

She put up her business because she wanted to spend more<br />

time at home with her daughter, and at the same time she had<br />

this insightful dream of solving a problem that had hounded her<br />

during her corporate days.<br />

Filling a need<br />

Nowadays, more and more females have jobs. These<br />

creatures of habit spend a minimum of two hours getting<br />

everybody including herself ready for the day, one hour<br />

commuting to the office, nine hours working, another hour<br />

going home, an hour cooking, two hours helping the children<br />

with their lessons, an hour on other household chores, another<br />

hour watching television (or with the spouse, if he is already<br />

home at this time) before she nods off to sleep. Whew!<br />

What happens if she suddenly remembers that it’s her<br />

mother-in-law’s birthday tomorrow? Her whole schedule is<br />

disrupted to tatters! It takes at least two to three hours to pick<br />

out an appropriate gift, and at least half a day to deliver, chitchat<br />

with the in-laws included.<br />

Reggie, with her keen mind, correctly identified that there<br />

was a ready market, especially since she herself had been into<br />

that stressful situation many times before. After listening to some<br />

advice from friends, Reggie came up with the idea of putting up<br />

a business that she could run from her home — and in October<br />

2006 Regaloservice.com was online!<br />

Customer profile<br />

At first most of her customers were friends. But growth<br />

was astounding and in just a few months of doing business,<br />

the website had reached across the globe. Word of mouth<br />

advertisement, referrals and a public relations campaign which<br />

appeared in major dailies contributed to awareness of the<br />

website. Many Pinoys living in Australia and the United States<br />

ordered gift items for relatives in the Philippines. Reggie says<br />

that in fact, about half of her clients are Filipinos living in other<br />

countries. Many customers, whether here or abroad, are happy<br />

with the service and do repeat business.<br />

I asked Reggie to profile her regular customer. “Female,<br />

aged 25 to 45,” she answered without hesitation. I understood<br />

sme focus<br />

Pick and Mix Candy Arrangement<br />

His and Hers - Blue, Yellow and Gray<br />

by Blandior<br />

Satin cord accents: Blue, Yellow and Gray<br />

With semi-precious stones and glass bead included in “Hers”<br />

Candle in a Can<br />

by Cereo Candle Exchange<br />

Scent: pain-au-lait<br />

vol. 2 issue 1 2007 / 15


sme focus<br />

why. Females do the gift-buying, younger people are tech-savvy<br />

but do not have credit cards, and older people usually adapt to<br />

new methods more slowly, if at all.<br />

How does it work?<br />

Regaloservice.com carries a variety of gift items, mostly<br />

premium products. You just sit in front of your computer, log on<br />

to the website and choose which items you want to send to your<br />

loved ones. Selected merchant partners, known for the quality<br />

of their products, supply the gift items that can be purchased at<br />

the same price as if you were buying from a store. The minimum<br />

order is P500 and the only add-on cost is the delivery charge.<br />

Payment is done through US-based 2Check Out, which was<br />

chosen for its convenience, reliability and security. Delivery to<br />

international destinations is by DHL and 2GO does domestic<br />

deliveries. Husband Tito, a practicing lawyer, sometimes helps<br />

out with his legal expertise, funding resources and sometimes<br />

even making deliveries himself.<br />

All-time bestselling products are fine leather-bound<br />

journals. Chocolates and flowers also sell well. There are peak<br />

seasons like Christmas, Valentine’s Day, Mother’s Day, etc. and<br />

during the last Christmas season there were many orders for gift<br />

baskets and ham products. Aside from the regular products that<br />

the e-store sells on-line, there are also unique orders like when<br />

someone was searching for a book on arnis.<br />

Where to go from here?<br />

A business venture so young is usually tied up in coping with<br />

operational problems. Little regard is given to future directions.<br />

Not so with Regaloservice. This early, Reggie is looking at future<br />

expansion. She is planning to take in more merchant partners<br />

so as to offer a wider range of products to potential customers.<br />

She is also looking to offer major corporations her services as<br />

an e-commerce outsource company, using the website as a<br />

marketing portal.<br />

Reggie’s philosophy on doing business: “I sanctify myself<br />

through my work. I give glory to God if I do my work well.”<br />

Exemplary principle. Coupled with good work ethics, clear vision<br />

and determination, this will be a sure formula for success.<br />

For orders visit www.Regaloservice.com.<br />

16 / sme.com.ph


Herbert M. Sancianco has over 20 years of experience in advertising, marketing and sales<br />

operations. He owns and manages Market Bridges, Phils. Inc., a full marketing services<br />

company, with offices at 11-0 Burgundy Corporate Plaza, 252 Sen. Gil Puyat Avenue,<br />

Makati City. The author can be reached at mbpidmbc@i-manila.com.ph or at Tel: (63-2)<br />

886-4122 to 23.<br />

marketing<br />

INTERESTING IDEAS<br />

FOR 2007<br />

A new year is upon us and just recently, we celebrated the<br />

Chinese Lunar New Year – the year of the Fire Boar.<br />

2006 was a challenging year for many entrepreneurs. As<br />

the peso steadily rose against the dollar, importing capital<br />

equipment, raw material or items for retail became a winning<br />

proposition. However, Philippine exporters found it a difficult<br />

year as their profits shrank accordingly. The Overseas Filipino<br />

Worker’s family likewise saw the value of their loved one’s<br />

remittance decrease, forcing some to send a little more to offset<br />

the currency exchange differential.<br />

Since geomancers are hinting that service companies will<br />

have better prospects of success in the Year of the Fire Pig, I am<br />

devoting this column to services demand for which I see will<br />

grow in the coming months.<br />

Herbie’s Top Six Service Opportunities<br />

With the increasing number of motorcycles racing around the<br />

metropolis and key provincial cities, motorcycle repair service is a<br />

simple yet rewarding small business idea. Motorbike ownership<br />

growth was spurred by fuel prices that peaked in the second<br />

quarter of 2006. In a random survey in Parañaque and Pasay City,<br />

I noted one motorcycle service shop for every five automobile<br />

repair shops. The motorcycle repair shops I saw are not visible in<br />

many areas where auto repair shops are found.<br />

Small internet cafés catering to the computer savvy—both<br />

young and old—is a growing segment. PLDT offers a business<br />

start-up package which I consider a good deal. Two major<br />

considerations for setting up this type of business are location and<br />

the number of users in the community who need internet access<br />

for e-mail, schoolwork and research, music/video downloads or<br />

net-based gaming and recreation.<br />

Getting a CDR King franchise is a highly profitable business,<br />

requiring a good location and small capital. From personal<br />

experience, I have never been to a CDR King store without having<br />

to wait in line to buy blank CDs or DVDs. The growing number<br />

of computer literate Pinoys makes this computer supply store a<br />

winning idea. Putting up a store near large universities is ideal.<br />

Another good spot will be near the big public markets.<br />

Given the continuously growing population of this country,<br />

nursery or kindergarten schools are a great idea. Right now, many<br />

of these schools are already filled with kids of this tender age<br />

range. The cost of tuition continues to rise in lieu of the headcount<br />

that they can actually serve. This is a good alternative for public<br />

school teachers who would like to earn better income.<br />

Mobile catering services for office workers is another<br />

rewarding business idea. The cost of meals in many canteens<br />

and small restaurants serving the business centers around the<br />

metropolis are becoming expensive for the minimum wage<br />

earner. Entrepreneurs who are able to deliver inexpensive hot<br />

meals to these offices have an edge. The key success factors are<br />

the entrepreneur’s ability to create a unique variety of meals and<br />

vol. 2 issue 1 2007 / 17


marketing<br />

Photos by Shutterstock/Jaroslaw Grudzinski, Mikael Damkier,<br />

Raymond Kasprzak (clockwise)<br />

to broadcast the menus and take orders by 9:30 a.m. daily.<br />

The laundry service is a no-frills, profitable enterprise<br />

requiring low operating cost. With the rise of new residential<br />

and commercial developments in key provincial cities, the need<br />

for this service cannot be overlooked. Whether the company is<br />

serving restaurants to wash their table cloth and linen, spas and<br />

resorts for their towels and bathrobes, or the individual for dry<br />

cleaning barong tagalogs and so on, the market opportunity<br />

is immense. To hook customers, you just have to select a good,<br />

strategic location where your target market passes every day.<br />

Herbie’s Product Wish List<br />

In my daily observation, what seems to be lacking in the market<br />

or practically non-existent are products with good utilitarian value<br />

and purpose. I note some of the following possibilities:<br />

Microwave meals. A ready-to-eat meal pack that can be microwaved<br />

or heated in portable convection ovens is an idea whose<br />

time has come in the Philippines. These reasonably-priced meals<br />

are now available in 7-11 and Mini-stop stores. This product type<br />

has high appeal among those whose daily routines keep them<br />

constantly on the run. Ready-to-eat meals have a good demand<br />

among those working night shifts.<br />

Portable electric water heater. This device is much sought<br />

after during the cold weather period and should make it less of<br />

a hassle in preparing warm baths. A portable water heater will<br />

be perfect for boiling water to make it potable for drinking, or<br />

to prepare tea or coffee. Right now, there is only one company<br />

selling this product,which in my opinion is quite expensive and<br />

has a short service life.<br />

Power from the sun. In a country drenched with sunshine for<br />

most of the year, the use of solar energy to power small homes<br />

should get entrepreneurs excited. Solar energy collectors can<br />

provide power for homes that need between 300 to 500 kilowatts<br />

of electricity every month. The cost of solar panels has gone<br />

down dramatically over the years. One solar panel can handle the<br />

energy consumption of one flat iron, which is the largest power<br />

consuming appliance in any household. Solar energy collectors<br />

also serve as emergency back-up power during outages<br />

associated with the typhoon season. Many American, Chinese<br />

and Japanese homes already have a solar power collector. There<br />

is no visible player in the local market. From my research in the<br />

internet, a cheap package that can handle at least half of a typical<br />

mid-class home’s energy needs and will cost not more than Php<br />

80,000.00. Imagine you saving some Php 1,500.00 or more every<br />

month! The package pays back in about 3 years.<br />

Powdered eggs, anyone? This is definitely a product that I would<br />

like introduced in this country. The large poultry farms should<br />

consider this venture particularly if a glut causes egg prices to fall.<br />

Powdered eggs are used by hotel restaurants and airline caterers<br />

to prepare their egg related menus. It is also an ingredient in<br />

making confections and pastries. The United Nations buys a lot of<br />

it for their relief programs around the world. Likewise, the United<br />

States military particularly the U.S. Navy is a huge consumer of<br />

powdered eggs. The export opportunity is bright.<br />

Lastly, the demand for pet food canned or bagged is growing.<br />

Presently, most products available are imported. Think about this<br />

one. Here you have a local market and the foreign market for this<br />

product. I am very confident that the reader who takes on this<br />

challenge has a profitable opportunity awaiting him or her.<br />

MABUHAY ANG NEGOSYANTE!<br />

18 / sme.com.ph


productivity<br />

Healing the Office<br />

—An extraordinary point of view<br />

Whether you believe in the supranormal or not, the following article is a<br />

very interesting read. Believe it or scoff at it – it’s your choice.<br />

Negative human relations, inefficiency in the workplace, and<br />

office equipment malfunctioning are common experiences<br />

in a toxic work atmosphere. But, these can also indicate a<br />

more serious problem—one that exists in a realm outside of the<br />

physical world.<br />

Negative energies<br />

Psychic experts attribute these situations to the presence<br />

of negative vibrations and possibly even negative spirits. Left<br />

unattended, this type of an environment may adversely affect the<br />

harmony in a workplace, and more importantly, the output of every<br />

member of the workforce.<br />

Stargazer, a parapsychologist and spirit channeler, has<br />

performed negativity cleansing sessions in many offices and big<br />

factories. She explains that once negativity is trapped in a certain<br />

space, physical symptoms appear. “People become too hot<br />

tempered, lazy, get sick all the time, encounter frequent accidents<br />

concentrated in one area, and simply cannot stand a certain<br />

room”.<br />

At times, these negative energies indicate the presence of<br />

spirits. “Shadows seen when no one is in the office, chairs being<br />

dragged, typewriters, computers and xerox machines turning<br />

on in the middle of the night, footsteps, voices and many more”,<br />

enumerates Stargazer, who was also referred to as Lady Ghostbuster<br />

in an unpublished article.<br />

According to her, spirits can be classified into three groups:<br />

earth-bound souls more known as ghosts, elementals which are<br />

negative entities that affect human behavior, and nature spirits<br />

such as fairies and dwarfs.<br />

Based on experience, Stargazer usually conducts cleansings<br />

during the wet or rainy season as there seems to be more negativity<br />

when the air is damp. “When it’s rainy, there’s not much fresh energy<br />

coming in the room. We close the windows and doors. Negative<br />

imprints stay in the room and you have to air it out,” she explains.<br />

There are other conditions that are also conducive to spirits.<br />

Some of these are abandoned spaces, quiet areas, poorly lit and<br />

messy workspaces.<br />

People also increase negative vibrations. Anger, irritation,<br />

jealousy and power play attract spirits that thrive on people’s<br />

negativity or negative traits.<br />

Paranormal cleansing<br />

If the presence of negativity is strong, cleansing or clearing<br />

should be done by an expert—one who can communicate with<br />

the spirits to find out what they want.<br />

“Never attempt to do it on your own. It’s dangerous to upset<br />

or attract spirits,” says Stargazer to warn ordinary people against<br />

toying or challenging spirits.<br />

Cleansings are usually done on Tuesdays and Fridays as well as<br />

nights when the moon is full. During the process, Stargazer uses<br />

incense, salt and recites prayers. Salt is scattered all over the area<br />

and swept to the sides after the ritual. It is discarded only after three<br />

days.<br />

The length of cleansing depends on the size of the office or<br />

workplace. For example, a 150 square meter office is normally<br />

cleansed in 30 minutes to an hour. Big factories may have to shut<br />

down for a whole day.<br />

In addition, Stargazer prefers the presence of only a few people<br />

who aren’t skeptics or closed-minded as they can pull the process<br />

down. After the office cleansing, she also suggests a cleansing ritual<br />

for the people in order to achieve complete healing.<br />

A once a year cleansing of offices and spaces is sufficient to<br />

enhance productivity and general harmony among the people<br />

working or living together. — Angela Colet with additional inputs<br />

from Estelle Piencenaves.<br />

Background of Stargazer:<br />

Stargazer has been practicing pranic healing, spirit channeling,<br />

and aura reading for the past 20 years. At present, she is the life coach<br />

and adviser of many businessmen with their choices and decisions in<br />

life. She honed her gift under the Jesuit priest Fr.<br />

Jaime Bulatao during her college years in<br />

Ateneo de Manila.<br />

First Aid for<br />

Negativity<br />

If manifestations of<br />

negativity are faint in a living<br />

space or work area, or is just<br />

starting to show, Stargazer<br />

suggests the following “first aid”<br />

steps for inhabitants.<br />

1. Offer a prayer with the intention that you want to<br />

communicate with the spirit and to pray for them.<br />

2. In some offices, they offer a mass or request a priest<br />

to bless the place.<br />

3. By means of a focused mental exercise, one can<br />

shower the spirit(s) with white light in the mind<br />

while praying. With a strong will and sincere<br />

intention, the white light could drive away<br />

negativity.<br />

4. Brighten up the rooms with more fluorescent lights<br />

and dark areas should be lighted.<br />

5. Play loud music or a bell to break the sound waves<br />

as spirits dwell in quiet places.<br />

6. If it gets out of hand, sightings are scary and<br />

manifestations continue, call on a paranormal<br />

expert.<br />

vol. 2 issue 1 2007 / 19


money tips<br />

Money, money, money!<br />

Without looking, can you name the three figures on a 1000-peso bill? If you answered Tito, Vic and Joey then you<br />

really need to read on!<br />

The Bangko Sentral ng Pilipinas (BSP), under former chairman Rafael Buenaventura, published a pamphlet<br />

entitled ‘Know Your Philippine Currency.” This was designed to help the public recognize genuine Philippine currency<br />

and guard against counterfeit bills. All business establishments accepting cash should try to get a copy. Here are some<br />

tips condensed from the pamphlet.<br />

Paper. Genuine notes are printed on special paper that is rough to the touch. It does not<br />

glow under ultra-violet light. During paper manufacture, the watermark, security fibers, security<br />

threads and iridescent band are included.<br />

Watermark (a). The watermark appears on the unprinted portion of the note. It is a<br />

silhouette of the portrait appearing on the face of the note. Sharp details can be seen when the<br />

note is viewed against the light.<br />

Security fibers. Red and blue security fibers are scattered on both surfaces of the note.<br />

These can be picked off by a pointed instrument.<br />

Security threads. There are two kinds of security threads. The embedded security thread<br />

(b) is implanted during paper manufacture and can be seen when the note is viewed against<br />

the light. It appears as a broken line for 5’s, 10’s and 20’s and as a straight line for 50’s, 100’s, 200’s,<br />

500’s and 1000’s. The windowed security thread (c) appears on the improved version of 100’s,<br />

500’s and 1000’s and the new 200’s. It appears like stitches vertically across the face of the note.<br />

Upon closer inspection, these contain the numerical value of the note and change in color from<br />

magenta to green depending on the angle of view.<br />

Iridescent band (d). The iridescent band is clearly visible when viewed at an angle. It<br />

appears as a wide, glistening gold vertical stripe with numerical values and appears in the 2001<br />

and the later series of 100 - peso, 500 - peso and 1000 - peso notes and the new 200 - peso<br />

notes.<br />

Portrait (e). The portrait appears lifelike, with eyes that “sparkle”. Fine lines form shadings<br />

that give the portrait a characteristic facial expression that is extremely difficult to replicate.<br />

Serial number (f). The serial number is composed of one or two prefix letters and six or<br />

seven digits. The letters and numbers are uniform in size and thickness, evenly spaced and well<br />

aligned, and glow under ultraviolet light.<br />

Background/lacework design (g). The background and lacework designs are<br />

made up of multicoloured and well defined, sharp lines.<br />

Vignette (h). The vignette refers to the images on the back design of the note. Its lines and<br />

dashes are fine, distinct and sharp. Its varying color gives a vivid look to the picture.<br />

Value panel (i). The value panel contains the numerals found at the four corners of the<br />

front and back of the note, denoting its denomination.<br />

Color. Recognize the predominant color of each denomination: 1000 – blue, 500 – yellow,<br />

200 – green, 100 – mauve, 50 – red, 20 – orange, 10 – brown, and 5 – green.<br />

Fluorescent printing (j). The fluorescent print is the invisible numerical value located<br />

off center of the face of the note. It glows when exposed to ultraviolet light.<br />

20 / sme.com.ph


money tips<br />

Microprinting (k). For the 50-peso and larger denominated notes, the words “Bangko Sentral ng Pilipinas” or “Central <strong>Bank</strong> of the<br />

Philippines” are printed very minutely on the face or back of the note. This microprinting is clearly readable under a magnifying lens.<br />

Concealed value (l). The 500-peso note contains a concealed value located at the lower left corner of the face of the note. This<br />

is recognizable when the note is held at eye level.<br />

Optically variable ink (m). Optically variable ink was used on the 1000-peso denomination. It changes color from green to<br />

blue or blue to green when the note is held at different angles.<br />

Coins. More recently, BSP Governor Amando Tetangco Jr. issued a memorandum to all banks regarding counterfeit 5- and 10-peso<br />

coins. Fake 10-peso coins have the following characteristics: magnetic, details of portrait not well defined, coarse metallic grain, rough<br />

and sharp edge on the reverse. Bogus 5-peso coins: details of the portrait is not well defined and BSP logo design at the reverse is “puffy<br />

or bloated”. The memo urges banks to report any incidence of counterfeit coins to the nearest BSP regional office.<br />

1000-peso banknote / front<br />

Portrait (e)<br />

Embedded Security Thread (b)<br />

Serial Number (f)<br />

Watermark (a)<br />

Background/<br />

Lacework<br />

Design (g)<br />

Optically Variable Ink (m)<br />

Microprinting (k)<br />

Iridescent Band (d)<br />

Flourescent Printing (j)<br />

Windowed Security Thread (c)<br />

1000-peso banknote / back<br />

Watermark (a)<br />

Vignette (h)<br />

vol. 2 issue 1 2007 / 21


technology<br />

BLOGGING……<br />

By Alex Pastor<br />

You see and hear something so great that you want to share<br />

it to the whole world. However, it’s just not possible. You<br />

can only tell your story to a chosen few – the people you<br />

know. That was before. Now, imagine an avenue where you can<br />

tell everyone from all the ends of the world your story. You tell<br />

them through cyberspace. This, in a nutshell, is blogging.<br />

Wikipedia, the free online encyclopedia, defines blogging<br />

as a “user-generated website where entries are made in journal<br />

style and displayed in a reverse chronological corner. Blogs often<br />

provide commentary or news; some function as more personal<br />

online diaries. A typical blog combines text, images and links to<br />

other blogs, web pages, and other media related to its topic. The<br />

ability for readers to leave comments in an interactive format is an<br />

important part of many blogs.”<br />

Considered by many as the blogging guru of the Philippines,<br />

Abe “Yuga” Olandres simply defines blogging as “self expression<br />

powered by technology.”<br />

Yuga, as what his closest friends call him, started blogging<br />

seven years ago when the word “blogging” wasn’t even coined<br />

yet, let alone understood by the vast majority. But only after a<br />

short number of years, blogging has become synonymous to<br />

free speech and is fast becoming the medium of communication<br />

itself.<br />

But what really is “blogging” and will it become the next big<br />

I.T. thing in the very near future? Read on and see what the guru<br />

has to say.<br />

According to Yuga, people write blogs because of a number<br />

of reasons but the main purpose is that it has become an outlet to<br />

let out feelings, ideas, concepts or even information. It is the same<br />

reason why people wrote diaries before the age of the internet.<br />

Blogging has become more social now. It has become a venue and<br />

a place that you can call your own in cyberspace or more popularly<br />

known as the “blogosphere.”<br />

Presently, blogging has even evolved into a type of business<br />

in the form of micro-publication. It is seen as a good alternative<br />

to traditional media. In other western countries like the US in<br />

particular, blogging has turned mainstream. Here in the Philippines,<br />

the practice of blogging has only picked up recently. However<br />

there is a strong indication that blogging will become a formidable<br />

industry in the IT sector. Media in the country has started to veer<br />

away from the traditional way of doing advertising and are actually<br />

joining the blogosphere.<br />

More than just having an outlet to speaking your mind,<br />

blogging has provided people with business opportunities and<br />

employment. When one decides to take blogging up a notch, that<br />

person becomes a professional blogger.<br />

Professional blogging is blogging for the purpose of directly or<br />

indirectly earning from a blog by leveraging on its traffic, readership,<br />

influence, credibility and/or popularity. Blog monetization is mainly<br />

driven by internet advertising and marketing. Pro-bloggers derive<br />

a majority or significant amount of their personal income from their<br />

own blog or the blogs they write for.<br />

22 / sme.com.ph


technology<br />

The Celebrity Blogger has followers and loyal<br />

readers in the tens of thousands. This type of blogger has made<br />

a name for himself/herself thru blogging. Product endorsements,<br />

sponsorships and subscriptions contribute a huge chunk to this<br />

pro-blogger’s revenue.<br />

The Blog Network Owner, more commonly<br />

known as “blog overlords,” practically owns dozens and sometimes<br />

hundreds of blogs, hiring bloggers to write for each blog. They are<br />

the ones who pay the Career Pro-Bloggers<br />

There are different types of pro-blogging. There is the Traditional<br />

/ Independent Pro-Blogger; Corporate Pro-Blogger; Career Pro-<br />

Blogger; Celebrity Pro-Blogger; and Blog Network Owner.<br />

The Independent Pro-Blogger manages most,<br />

if not all aspects of maintaining their blog/s – installation, setup,<br />

design, writing, blog optimization, marketing, sales (monetization).<br />

A majority of pro-bloggers start out as independent bloggers and<br />

remain independent depending on how successful they monetize<br />

their blog. Revenue for this type of blogger always starts at zero<br />

or none.<br />

The Corporate Pro-Blogger, on the other hand,<br />

basically works for a company with a specific job description that<br />

involves blogging for the company. This type of blogger may<br />

come from the sales, marketing or the PR department and is tasked<br />

to communicate with other companies, clients and the rest of the<br />

industry thru blogging. Standard salaries apply for this type of<br />

bloggger.<br />

The Career Pro-Blogger works for a blog network<br />

or a number of networks, either part-time or full time. They will<br />

be assigned to write for a specific niche blog like travel, gadgets,<br />

cooking in the assumption that they are knowledgeable with the<br />

said topics. The blogger will be paid on either a fixed salary, perpost,<br />

profit-sharing or a combination of the previous schemes.<br />

You may ask why pro-bloggers exist. Plain and simple. They<br />

make money out of it.<br />

A thriving business. A good career. Is blogging here to stay or<br />

is it just a fad? As the blogging guru says, “blogging will be here to<br />

stay as long as people have a story to tell.”<br />

Source:<br />

2nd iBlog Summit PowerPoint presentation made by yugatech.com<br />

Joining in the Blogwagon<br />

A thriving business. A good career. You’ve done your research,<br />

read countless articles, visited innumerable blogs, and now you’ve<br />

decided to finally try it out for yourself and be a bonafide blogger.<br />

So, what’s next?<br />

It you just want to release pent up emotions—rant, rave and<br />

talk on any topic under the sun, then you can sign up for blog sites<br />

like friendster blog, multiply blog, live journal and the likes.<br />

If you want to be a career pro-blogger, look for blog networks<br />

who hire bloggers. But then again, if you want to take the deeper<br />

plunge, then read on. Here’s what blog guru Abe Olandres has to<br />

say:<br />

Although signing up for a free blogging tool like Wordpress.<br />

com or Blogger.com is virtually quick and painless, building a<br />

hosted blog may be a little tricky and requires some basic technical<br />

knowledge of FTP (file transfer protocol) and mySQL (database). To<br />

go on about it:<br />

1) Get a web host. Make sure it’s the Linux type of hosting<br />

which supports PHP and mySQL. Prices for these service<br />

can start from Php50 a month or more.<br />

2) Register your domain. Your web host may be able to do<br />

this for you but others prefer to do it by themselves via<br />

Yahoo!Domains, GoDaddy or NameCheap.<br />

3) Choose a Blog Content Management System (CMS). The<br />

most popular one is Wordpress but some are also using<br />

Drupal, Serendipity, MovableType, TextPattern or Joomla.<br />

4) Install and set up your blog. This could be tricky as you will<br />

need to learn how to upload via FTP and create mySQL<br />

databases. Some web host provides one-click install features<br />

for these softwares.”<br />

Having your own blog, be it for fun, politics or networking<br />

(with business in mind), could be a worthwhile endeavour that<br />

would help you express your thoughts, promote your products and<br />

at the same time, learn something new from others. Who knows,<br />

you may be the next blogosphere superstar!<br />

vol. 2 issue 1 2007 / 23


ook review<br />

GETRICHER WITH<br />

“THE 48 LAWS OF POWER”<br />

by: Paul C. Roxas, CSP<br />

Imagine your banner year forthcoming: enhanced marketing,<br />

more sales, better collection, greater productivity and profitability,<br />

lower risk accounts and activities, better esprit de corps… plus,<br />

much better behaved children at home and responsible students<br />

at school. Now wouldn’t that be a dream come true?! All these<br />

(and more) may come to you just because you can more deeply<br />

and truly understand people and their essential nature.<br />

Reading “The 48 Laws of Power” is like sipping from a cup<br />

rich with more than 4,000 years of history and wisdom—a cup<br />

so rich that you can always reap so much deeper insight for<br />

business, family, and personal life, each time you read it. It’s<br />

practical wisdom at its comprehensive best!<br />

Within its 430 pages of text, you will find some of the world’s<br />

greatest books on wisdom become just droplets in the bucket.<br />

Such books like Art of War (Sun Tzu); Art of Worldly Wisdom<br />

(Baltasar Gracian); Seven Pillars of Wisdom (T.E. Lawrence); The<br />

Holy Bible, and; The Prince (Niccolo Machiavelli), appear as<br />

mere quotations and occasional anectodes. It is so rich that its<br />

revelations weave together and tie down numerous, seemingly<br />

fragmented, and dizzying historical facts. Sensitivities and<br />

motivations of major historical figures are unearthed to reveal the<br />

‘behind-the-scenes’ of significant milestones of ancient Eastern<br />

peoples to the modern wars of the ‘70s. Its authors, Robert<br />

Greene and Joost Elffers, through diligent research, successfully<br />

and interestingly split hairs clearly in differentiating concepts,<br />

conditions, and intentions.<br />

It gives a more definitive description of human character<br />

than all the psychology books I’ve read. It helps you know what to<br />

look for when you ‘read people.’ The longer you engage the book,<br />

the more firm your conclusion may be that Man has not changed<br />

throughout the centuries. Hence, gaining collective knowledge<br />

of the timeless essence of Man provides a clear advantage—<br />

the gift of a comprehensive, ‘all-seeing’ hindsight which in turn<br />

enables you to become proactive today in corporate, business,<br />

and family life.<br />

Consider some of the timeless and sensational topics to<br />

help you with your usual vocation, learn from the experts<br />

and also learn how to protect yourself from being a victim of<br />

fraud, disinformation, and deception:<br />

Advertising: How to seduce a woman (or man) on a<br />

pedestal to become madly in love with you (or your product).<br />

How to attract new customers for your business. How to time<br />

your absence to heighten desire, respect, and honor. How to<br />

re-create yourself. How to know when to stop. How scientist<br />

Thomas Edison beat the even more brilliant physicist Nikolai Tesla<br />

on the road to fame and fortune.<br />

Negotiation: How a Count swindled the notoriously<br />

ruthless gangster Al Capone of US$5,000 and also lived to tell of<br />

it. How Henry Kissinger secured for himself a cabinet post thru<br />

the Nixon-Humphrey presidential face-off of 1968.<br />

B u s i n e s s<br />

intelligence: When you<br />

ought to be predictable<br />

and when you must not be<br />

predictable.<br />

How to use smokeand-mirrors.<br />

How to use<br />

the surrender tactic. How<br />

Ali beat Foreman. Why the<br />

German V-1 rockets (a.k.a. flying<br />

bombs) missed their targets in<br />

England. How escape artist Henry<br />

Houdini demolished his toughest<br />

competitor.<br />

Politics: How to avoid falling out of your master’s grace.<br />

Which kind of person you must never offend. What pitfalls to<br />

avoid on the path to greatness. How to disarm with the ‘mirror<br />

effect.’ How much formlessness should be used. What is the<br />

cornerstone of power and how best to build it.<br />

Remember the line: “Think before you act”? This book<br />

enables you to just ‘recall before you act.’ The once-dreaded<br />

process of thinking ahead now becomes a leisurely walk in the<br />

park.<br />

Each topic has far-reaching implications on your very<br />

own social life at work and at home. Used wisely, even family<br />

relationships can be modified to effect more respect, responsibility,<br />

and caring among your children.<br />

I also found the format and language so enjoyable and easyto-read.<br />

Each chapter tackles one law alone; each starts with<br />

a concise Statement of the Law, followed by a brief Judgment.<br />

Then in-depth discussions on historical cases follow as examples<br />

in Transgression of the Law, Observance of the Law, Keys to Power,<br />

and the Reversal. In the Keys to Power section, an Image is drawn<br />

together with an explanation to represent the essence of that<br />

law while this is followed by a quotation from some Authority<br />

on practical wisdom. The page borders are lined with significant<br />

annotations and anecdotes, all relevant to the main text. These<br />

add much color to the tone of the topic at hand.<br />

The modular format allows you to take on any chapter you<br />

fancy for the moment. Killing time at a coffee shop, getting<br />

caught in a snarling traffic, or waiting on a queue. None of these<br />

situations should get your goat if you’ve packed this book with<br />

you. By the way, more recently, a concise version of “48 Laws” was<br />

released for the mobile businessman. It is smaller in size than the<br />

original, but has fewer stories.<br />

For us entrepreneurs, it definitely is a must-read. And so,<br />

before 2007 starts, you might want to consider reading “The<br />

48 Laws of Power” from cover to cover. Why not make it your<br />

constant companion and better your personal weather forever?<br />

I have.<br />

24 / sme.com.ph

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