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Insights on Business and Innovation
Aug 22, 2024
Rocket Science Lecture Notes
Introduction
Good morning greetings from Chinky Tan.
Show aims to help viewers work, build a business, and earn money.
Hosts regular segments and welcomes viewers.
Upcoming Segments
Juan Negosyante
: Discussing software that simplifies inventory and sales reporting.
Raketista
: Interview with a guest on continuing food business despite quarantine restrictions.
Viewers encouraged to engage and share the broadcast on social media platforms.
Fund Giveaway
2,000 PHP funds available for viewers who comment how they would use it on the live feed.
Last week's winner, ate Eden Aguilar, plans to use her winnings for a small Sari-Sari store.
Software Discussion: UTAC POS
Introduction to UTAC POS
Features of UTAC POS highlighted by Ferdin Sanchez, Head of Strategy and Partnership.
POS stands for Point of Sale, crucial for business tracking.
Emphasizes the importance of having a system for efficient tracking (sales, inventory, staff attendance).
Benefits of Using a POS System
Time and Effort Savings
: Reduces manual tracking and improves efficiency.
Real-Time Updates
: Eliminates waiting for end-of-day reports.
Decision-Making
: Data-driven decisions enhance business performance.
Features of UTAC POS
Sales tracking, inventory management, staff attendance, expenses tracking, and profit margin insights.
Historical data analysis for trend insights.
Cost of UTAC POS
Affordable pricing: 1,500 PHP/month with no startup fees.
Flat rate includes all features without hidden costs.
Target Market and Clients
Currently serving 2,000 to 3,000 businesses nationwide.
Clients include Chicken Stop Magenhawa, Frankie's, and others.
Guest Segment: Chicken Stop
Introduction to Mom Ness Zamora
Discussed the evolution of Chicken Stop due to the pandemic.
Focus on takeout and delivery services.
Business Insights
Investment in establishing Chicken Stop was around 1M PHP with a focus on quality and delivery.
Highlights the importance of adapting business models during challenging times.
Menu Highlights
Unique offerings include Super Fried Chicken with various dips.
Price points: Solo chicken at 288 PHP; Double Deal at 500 PHP.
Tips for Entrepreneurs
Importance of community support and adapting to market demands.
Utilizing online marketing strategies to boost sales.
Guest Segment: Prism Cafe
Introduction to Grant Zuniga
Prism Cafe started during the pandemic, focusing on online orders initially.
Unique products using intelligent can sealing technology for beverages.
Unique Selling Propositions
Fresh ingredients, special flavors, and cocktails offered.
Competitive pricing for the quality of products.
Future Plans
Plans for expansion and potential franchising opportunities.
Conclusion
Recap of the lessons learned from the segments about resilience in business.
Encouragement for viewers to join the next week's program.
Mention of a free webinar on creating a money-making machine scheduled for a later date.
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Full transcript