Sunday, September 30, 2007

Place in the Sun


The travails of a start up group is that you have to overcome a lot of hurdles, the greatest being proper acknowledgement. I must admit stress is getting the better of me and I sometimes have trouble juggling work. The whole global and new business group is under the microscope right now by management because of expenses. These expenses are expected to turn into revenues and at the rate things are going, these will be realized in over 2 years. That's just my amateur forecast.

The core business is still the cash cow but the 64 million dollar question is until when. Remittance business (to the Philippines) is a $15 billion annual amount and steadily growing. The company is aiming to corner a sizeable chunk of the market and we have the business model to answer the requirement.

But until the global and new business groups pour in the needed points and have an impact on the company's bottom-line, my role will be perceived as a glorified PM.

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