Ms sect c 20170813 sunday

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SUNDAY, AUGUST 13, 2017

Business

Ray S. Eñano, Editor / Roderick dela Cruz, Issue Editor business@manilastandard.net

FILIPINO- BUILT MULTI-MISSION VESSELS UNVEILED By Anna Leah E. Gonzales

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INVENTOR

Inventor Gary Vazquez (left) guides his technical assistants in assembling Misty Kool fan units.

FILIPINO INVENTOR’S IDEAS COME TO LIFE IN CHINA

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DGARDO ‘Gary’ Vazquez, a 65-year-old inventor and entrepreneur, tinkers with big, innovative ideas to resolve perennial problems in the country, such as how to protect Filipinos from tropical heat, how to resolve the country’s huge housing backlog or how to ease the heavy traffic congestion along Edsa.

He is always in search of solutions to such problems—a habit formed through the years of being an inventor in a country where some people tend to shoot down big ideas. “We shoot down good products invented or developed by Filipinos,” he says. He recalls that when he introduced a cooling solution in the Philippines, he met cynics who claimed that the innovation would only cause ‘pneumonia’. “Instead of asking positive things about the invention, the first comment was that people would only become sick because of that. Why were they looking at it negatively? Why don’t we first develop the product, make it better and see what the effects are. But [some] were already working on the principle of negative thinking. Instead of encouraging the inventor, they are putting him down. When can we ever learn to appreciate and help one another, the Filipino way, the ‘bayanihan’ way?” Vazquez says in an interview at his home. Vazquez’s home in Makati City reflects how much he loves innovation. His big house was erected using his patented Vazbuilt modular housing and fencing technology. Solar panels are installed on his rooftop, supplying half of his power requirements. His patio is cooler by about 5-degrees, compared to outdoor atmosphere in Metro Manila, because it uses a patented cooling solution called Misty Kool. Vazquez can also watch his house from anywhere in the world and control the camera, appliances and gadgets in his kitchen using a

Misty Kool line system cools off the walkway of Philippine Arena. smartphone and an automated home technology. Soon, Vazquez and a big Chinese company will introduce smart home in the country. Vazquez now regularly flies between the Philippines and China, where he sees his big ideas come to life. He developed the prototype of an outdoor cooling solution with a timer in Guangzhou where young technical experts helped him find the necessary components such as high-pressure pumps, fine nozzles, switches, monitors, timer, automatic shut-off mechanism, hose and water tank. Now, Misty Kool is the only outdoor cooling solution with a timer, which is crucial in order to conserve water, reduce wetness on the surface and ensure the smooth operation of the misting system. Vazquez obtained a patent in the Philippines for Misty Kool which can lower outdoor temperature by 3 to 5-degree Celsius. He offers the technology in two forms—a line machine and electric

fan-type unit that can produce Baguio-like breeze instantly. “It is the first of its kind in the Philippines,” he says. A company in the Philippines, however, is contesting his use of the Misty Kool brand name. In response, Vazquez says the name was derived from the misting process, or flash point cooling system which forces water, by means of a highpressure pump, through misting nozzles, to create a mist of ultra fine water droplets with an average size of less than 10 microns. These water droplets absorb the heat in the environment and evaporate, becoming water vapor in the process. The misting system can cool off different open areas, porches, backyards, gardens and patios. The Philippine Arena complex in Bulacan uses the line system of Misty Kool to reduce temperature along its open walkway. The technology will also be used in the country’s Turn to C2

THE government has unveiled the first two Filipino-built multi-mission vessels. The two 50-meter offshore multimission vessels will be added to the growing number of floating assets of the Department of Agriculture– Bureau of Fisheries and Aquatic Resources. The vessels are built in the Philippines and are now undergoing finishing touches. Construction of the vessels started in January 2016. “Initially built as research ships, the vessels were modified into offshore multi-mission vessels due to the intensified campaign against illegal, unreported, and unregulated fishing,” said BFAR. “These vessels, which will be called DA-BFAR MV Lapu-Lapu [MMOV 5001] and MV Francisco Dagohoy [MMOV 5002], are designed to operate in offshore areas of Philippine waters including the EEZ and the High Seas Pocket 1,” said Agriculture Secretary Emmanuel F. Piñol. “Hopefully by October, alongside the anniversary of Philippine Coast Guard, MV Lapu-Lapu and MV Francisco Dagohoy will sail in the West Philippine Sea, Philippine Rise, Cebu Sea and Sulu Sea,” he said. The ships were constructed by 300 Filipino workers, mostly from Navotas City, following the designs of Incat Crowther, which conformed to the rules, regulations, and requirements of Bureau Veritas, a world expert in Testing, Inspection, and Certification services. The vessels, which cost around P250 million each, were built to withstand 24-hour continuous, multi-purpose operations and are capable of remaining on station for 30 days. They have an excellent maneuverability and stationkeeping since it is made of twin fix-pitch propellers, twin rudders, twin independent electro-hydraulic steering gears and the electric driven how thruster. Piñol said he wanted to build more ships with the same features as a part of the efforts of the government to protect the ocean and its marine resources, and further strengthen the country’s manifestation against foreign intimidation. “Our government commitment is that we will use Filipino manpower and we will protect ocean for our future generation,” Piñol said. The agri chief said he is targeting construction of five ships every year for the next five years. To implement the project, the agri chief asked for a P1 billion budget for 2018. The multi-mission vessels will be added to the Bureau’s existing 123 floating assets deployed to fight IUU fishing in the country. Aside from their law enforcement functions, the vessels will also be utilized for research and survey operations, and for livelihood support to far-flung island coastal communities.

MAGSAYSAY REVEALS SUCCESS FORMULA OF POTATO CORNER DESPITE some popular franchises, a number of food cart businesses appear to be dime-a-dozen, here-today-gonetomorrow affairs. However, there are those that have legs. One of them is Potato Corner, the 25-year-old franchise business of Jose Magsaysay. “Jomag” to friends, Potato Corner’s CEO was part of its inception and initial growth. While he did leave the group in 1997 to work with Mister Donut, his return in 2001 sparked a resurgence for the french fries franchise. Here’s how Jomag turned Potato Corner into a longterm success. One: Build stronger systems. Potato Corner started out in 1992 simply as a

way for Jomag and his partners to earn some extra money. The brand soon became popular and, by the time Jomag stepped away in 1997, Potato Corner had mushroomed into 120 outlets. But the Asian Financial Crisis hit and the number of stores dwindled to 40. Compounding matters, a managing partner suddenly passed away. Around that time, Jomag was a student in the Master in Entrepreneurship program at Asian Institute of Management. Upon hearing about his former partner, Jomag shifted gears. He recalls, “I changed my laboratory business in the ME from Mister Donut to Potato Corner. When I graduated from

ME, I resigned from Mister Donut. Then I presented the five-year business plan for Potato Corner that I wrote during the ME to my former partners. I told them, if they liked the plan, could I run Potato Corner again?” The plan included streamlining and building systems for the company and strengthening various supply chains. Two: Hyperfocus. Jomag says, “I really believe in ‘one thing at a time.’ Potato Corner grew the way it did because we focused. We had a lot of opportunities to explore because of the success of the business, but we realized it was successful precisely because we were so focused.” Three: Understanding the market.

Potato Corner has always been marketed toward kids. This explains the branding elements and the presence of a mascot. When Jomag gets asked why a lot of millennials buy the product despite Potato Corner’s target market, he chuckles, “Sure, we get a lot of millennial customers. But how old were they when we opened shop in 1992?” His advice: “If you want a brand to stick, market it to kids.” It is best to build the relationship while your market is still young, Jomag explains, because “when you market to teenagers and adults, they will shift to the next big thing. But kids? Once you get them, they’re yours for life!”

Potato Corner founder Jose Magsaysay


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