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RainSoil executives teach business principles in the Philippines

Three executives from RainSoil recently traveled to the Philippines to teach business principles to aspiring entrepreneurs.

RainSoil team members joined leadership from The Academy for Creating Enterprise (ACE), an organization dedicated to teaching necessity entrepreneurship to those at the height of poverty who cannot find employment.

RainSoil team members Tomo Ishida, Kyle Bybee, Johann Buck and Trent Whatcott with aspiring entrepreneurs in the Philippines.

“In addition to having the opportunity to share our thoughts on various areas of business and entrepreneurship, we also had the honor of judging entrepreneurs’ business plans for ACE’s Academy Awards,” said Kyle Bybee, RainSoil Chief Executive Officer. “We heard some incredible entrepreneurs share the success of their businesses thus far and heard their goals and dreams for the future of their businesses. It was humbling to hear the great things they have developed out of necessity.”

Kyle’s presentation encouraged attendees to “Count The Cost,” by reviewing basic accounting principles that can help necessity entrepreneurs run their businesses as lean as possible.

Johann Buck, PhD., CCA, Director of Sales and Product Development, delivered a presentation on “Make a Profit Every Day,” in which he touched on the importance each small step is that leads to making a sale. Johann derived much of his presentation from The Greatest Salesman in the World by Og Mandino and presented each attendee with a copy of the book at the end of the meeting. He challenged attendees to follow the book’s principles and take the 10 months required to appropriately consume the material.

In his presentation, “Be Nice Later,” Trent Whatcott, Director of Marketing, focused on the importance of building a business that generates income first, supporting self and immediate family, and then giving to others once the business and personal needs are secure. He emphasized that giving to others can also mean providing someone with the opportunity to earn money as opposed to receiving a handout.

The following day, the three led a panel discussion on integrity, each leading the panel discussion within their areas of expertise.

Along with presenting, Kyle, Johann, Trent and team member Tomo Ishida judged entrepreneurs’ business plans and announced the winners at the Academy Awards gala held the final evening. “We heard business plans from not only agribusiness, but food and beverage, laundry services, graphic design, prosthetics, technology services and more,” said Trent. “The Philippines has some serious untapped human capabilities that we will be seeing implemented throughout the world in the future.”

“RainSoil’s teaching moments with the ACE alumni graduates were not only informational; they were motivational,” said James Fantone, Executive Director of the ACE-Philippines. “Many who received the books are now motivated to get a hand on other great books—they are started on the road to a great reading journey.”

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