Feasib is Over!!!

Hooray! hooray! Feasib is finally over. woohoo!

Last Friday, we already had our feasibility presentation/defense. After a week of almost no-sleep, a week of sleep-over at Fayme's, we finally had our presentation. Yes!

What happened the night before the presentation? No sleep at all for us (except for Aji. hehe)! We were all practically rushing trying to fix all the powerpoint presentations and the script. Yes, we still didn't have the script until few hours before the presentation. The presentation must be scripted and MEMORIZED. That was the hard part next to answering questions during defense.

Then the destined time has come BUT Ma'am Agustin was late. How late? We are supposed to present at 10am but she arrived at 11am. During what seemed like forever-waiting, I was using most of the time practicing my script. I was really saying it out loud over and over again, whether I am walking to the COOP store or to the restroom or even just pacing around the corridors just so I won't be able to forget it however distracted I might be during the presentation.

Then, Ma'am Agustin came. The moment she saw our poster outside the room, she smiled. Plus 1 point for the Best Feasib Group! Haha!

Then the presentation started and ended. It may not have gone very smoothly but it was above good. And here are the comments for the presentation:

* We are all good speakers (and this means so much because she commented to a group once that they lack fluency. wahaha)
* We have good projections.
* The timing is great

But we also got minus points:
* Our weakest part is the intro when we used a recorded voice over. She said that for a group with good speakers, that was our weakest point. The moment one of us spoke was the only time they woke up from their stuppor. Sayang talaga, pero oh well.

OVER-ALL??

IT WAS A GOOD PRESENTATION! Yahoo!

But because of time constraints (because she was late, of course) we had to resume the defense the next day.

Guess what?? ALL OF US OVERSLEPT! Yes. Because all of us lack sleep, we overslept and arrived late for the defense but we had to make up for it. When she was about to dismiss the class, we told her about the defense. She said we were late and that the class may have forgotten the presentation already. But I prepared my laptop! HAHAHA! It pays to always bring laptop. :D In chorus, we said out loud:


WE CAN RECAP!

She smiled. Yes, she did. haha! And said, that we go on with the recap.

There were minor comments and some questions we have no idea how to defend but most of the time, we were able to concoct some answers (haha!) and when there were no questions from the class, she gave her comment. And this is the highlight of it all. She said (not verbatim but this is what the idea is)

"Class, I think, you should have considered thinking about unique business like this. This is a good business (Files and Document Storage Warehouse or Records and Information Management Business) because however digitized everything is, there is still a need for the paper files to be stored. In the future, you may want to contact your friends again and say, "Hey, let's start the business." This is a good business."

HELL, I CAN'T HELP SMILING FROM EAR TO EAR IN FRONT OF THE CLASS! And I think I am saying this for my feasibmates as well. Hehe.

But then again, like in movies, when the bidas are already about to win, there comes the kontrabidas. The moment Ma'am Agustin stopped from commenting, there raised a hand and asked, "You showed us your IRR (internal rate of return) but where is your cost of capital?" A-ha! There goes one attempt to bury us on the ground. But hey, we have shovels to dig ourselves up. I said, "Wait." I covered the projector and opened the financials in my laptop and then projected it. After that, she didn't ask for a follow-up. It was apparent she just want to ruin our moment of glory.

Another one asked about the location and all. It was an easy question since I have already anticipated it the moment I decided this is the land we are going to buy. And then, more hands shot up. Surprisingly, from they are all from the same group.

I can remember all their questions because I felt that their questions are so stupid and their reactions and follow-ups are, too. Too bad for them, they asked about the technical study part which is the most stable part of the study. Hell, I won't let a hole in it. It is our good point, the business itself.

The next question is, "What are included in your machines and equipment?"
And I answered it, being the one who did all the technicals. I enumerated everything. 3 Trucks, 2 forklifts, 5 automobiles and barcode system with scanners.

And then, their losing-face moment is about to come when they followed it with another question. It was funny how they really asked in series. One person then the person beside her asked, and so on.

"So how much is your truck?"

I said, "P150,000 each."

And then the chorus (which is funny. At this point, the other groups were sniggering because they basically know what's happening. The group asking us was trying to put us down.),

"P150,000?!"

It was so stupid, the reaction and their tones. It was a reaction to early to make for them. And I, being me, can't help it with this reaction.

"And what can you expect?! It's a 5-foot truck!"

My groupmates made silent laughs and so do the other groups. It was so Levs, a friend commented later on. And then I continued with the explanation which would lead to their burial.

"We got from a supplier of surplus equipment in Cebu."

And then, the chorus again. I could have laughed so loud at their stupid facial reactions and tones.

"Surplus?!" Just imagine the raising tone -- IN UNISON!

And this question or should I say, the way they showed their reaction and how they asked it made their own grave. At this point, I can clearly see my professor's reactions, just looking and smiling vaguely and I know, I am not making wrong answers now. I am on the right track.

"Yes! Sir Jeturian has a warehouse in Batangas and he got all his equipment from this supplier in Cebu!"

And then, Fayme added, "And they are all of good quality!"

And that buried them! Who could have contested us with the supplier and all when we have Sir Jets'. Contest us and then that goes without saying they are questioning him. Tim suggested that there were other suppliers in Valenzuela (where our location is) and Subic. And then we just said, "Thank you for your suggestion."

After which, there were no other question. The moment we packed up, our friends from different groups approached us and told us, "Mga inggitera sila! Halatang inggit sila dahil mas maganda business niyo sa kanila. Nung pinuri kayo ni Ma'am bigla silang nagtanong. Ang obvious, mga inggitera!"

And that is exactly what our group felt.

Our message to you? See the next post!