“Sometimes, all you need is a second chance, because time wasn’t ready for the first one.” – Anonymous
New Year provides us with the gift of a new beginning, a new hope, the chance to start over again. It provides us with second chances.
And talking about second chances, one of the most memorable movie to hit the cinemas was the sequel of the 2007 blockbuster hit One More Chance — A Second Chance. This is like a climax for the year that saw movies like English Only Please, That Thing Called Tadhana, Crazy Beautiful You and The Breakup Playlist (blame Antonette Jadaone for 3 of these films) lord it over the big screen and dished out hugot lines more than our required dosage that the term hugot should already be included in the English dictionary.
This post is not about hugot lines though. You already have enough elsewhere. (However, there are a few at the end of this post. 🙂
A Second Chance follows the story of Popoy and Basha as they take on new roles as husband and wife trying to start a family and building their own business venture. The story can be summarised as:
- Popoy and Basha got married
- Popoy and Basha started their own business venture.
- Business started good.
- Business went bad.
- Popoy tried to fix the problem alone.
- Business problems seeped into Popoy-Basha personal lives.
- Popoy and Basha broke up.
- and A SECOND CHANCE happened!
There are a number of life and love lessons from the movie. But it also give a glimpse of how (NOT) to handle a business venture, especially if you’re partnering with a wife/husband or a close relative. Below are some observations why #4 happened.
- Popoy took too many projects – In his relentless drive to give Basha their dream house, Popoy accepted way to many clients their small firm could handle. The movie gives the impression that Popoy was an expert at his field (he was offered a lucrative job abroad but he declined to stay with Basha) that explains his many projects. As they say, too many of the good things can be bad, especially if there’s…
- Lack of monitoring – If you’re handling numerous projects, it is imperative that you have some sort of monitoring system to keep track of their progress. Popoy relied on his technical abilities to keep his clients happy. It is as if he’s just handling projects based on urgency, not importance. So as the client base grew, he failed to notice some discrepancies (the assigned engineer was cutting corners) in one key project that led to disaster at the building site. It went downhill from there.
- Popoy was not good at managing a business – If there were too many project offers, Popoy should have (1) said NO to some or (2) hired more employees. He did not do either. Also, he kept on insisting on his wants rather than listening to his customers/partners (architects). When Basha did not support his recommendations to a client, Popoy took this as if Basha was not supporting his husband. And, he asked his employees to multi-task without considering that it might be a sign of the company being undermanned. He did not build enough rapport with his employees to be able to break the bad news to them (Basha had to do it for him). And how did the company accumulate 80M in debt if he lost “only” 16M to that disastrous project and 8M to his Project X? Is it due to his other loans to pay off other loans? Maybe, he was hoping that things could get better before they get worse.
These three conditions, plus Popoy’s combustible personality, make up for a bad recipe for disaster. Popoy was bailed out (slowly) by Basha and (big time) by his investor cousin Pedro through his game-changing (or is it?) Project X.
Popoy’s Project X is an allegedly revolutionary affordable calamity-proof homes for Filipinos. It is this project, rather than his numerous other projects, that Popoy hinged his dreams on. However, as Basha pointed out, would Filipinos pay extra to have a calamity-proof home when the chances of a calamity is low? (See memes below for Popoy’s reply to this. Hint: It’s worth it.)
I suppose that the bulk of the R&D cost of Project X is finding and testing low-cost sources of materials or low-cost local alternative of the standard materials to bring down the cost to make it competitive vs. the usual non-calamity-proof home. It was more like the former as importation was pointed out by Popoy’s young employee as a possible solution.
If Popoy’s Project X will become a huge success, then all his problems can be viewed as a blessing in disguise because, initially, Popoy was too proud to ask for Pedro’s financial help.
And in the business perspective, that is “the” Second Chance.
AND BY THE WAY….
Just asking: Was Popoy a football fan? Anyways, what football competition is aired in ABS-CBN during dinner, Philippine time?
Well, here are a few lines that I got from the movie. Comment below for your favorite lines from the movie as well.
..and one more thing: