Course Code and Title: Effectivity: MGT1101 Leadership and Decision Making 2021 - 2022 FINAL REQUIREMENT Course Requirement: (100% equivalent to Final Exam) Term 1st Semester Doc Status: Final Requirement Debban Flores Herbal Cigarette Industry In Partial Fulfillment To the Requirements for the Degree Bachelor of Science in Business Administration (ENTMNGT) Submitted by: Solis, Beetee shaigne Balbona, Andrea Nicole Tordecilla, Vanness Sumugat, Krisha neil Tapales, Alfred Aggabao, Lanhz Bongato, Marjorie 1|Page Table of Contents Overview/Name of the business 3 a. Company address and Contact Details b. Date of Virtual or Online Interview Resume of Person Interviewed 4 Questionnaire Template 5 Transcript of the Interview 6 Photo Documentation 7 Individual Reflection Paper/Personal Plan 8 Acknowledgment 16 2|Page Overview/ Name of the business COSMO BLUNT is a sole proprietorship business running through different online platforms such as Facebook. Instagram, TikTok, and online shops such as shopee. The name COSMO BLUNT is derived from combining the words “cosmo” which means everything and “blunt” which means roll. Mr. Debban Flores, a sole entrepreneur, is both the founder and owner of this business, and as a sole entrepreneur, he is in charge of everything inside the business. The vision of the business is expressed through its name, it seeks to give options and alternatives for chain-smokers to benefit from. As their products are given herbal, they are not only giving health benefits to chain-smokers moreover promote a safer environment free from nicotine and the danger from second-hand smoke. Company Address and Contact Details Cosmo Blunt was located in San Dionisio Paranaque and Sun Valley Sta. Ana Paranaque. The brand has a Facebook and a Shoppee account for purchasing, and here are the contact details for the brand: 09298644989 and 09267262937. Date of Virtual or Online Interview The meeting or the interview took place on Tuesday, November 9, 2021, at 4 pm in the afternoon. We used Microsoft Teams to conduct the interview and to record the interview. 3|Page Resume of Person Interviewed Flores, Allan Debban B. Phone: +63 - 929 - 864 - 4989 Email: debbanf@gmail.com Address: Bukid area 1 Sun Valley Paranaque City Birthday: October 2 1997 Age: 24 Gender: Male Religion: Roman Catholic CAREER OBJECTIVE I am seeking a job that best fits my knowledge, skills and ability that can fully achieve the expectations of the company to excel in this field with hard work, perseverance and dedication and improves my individual characteristic. PERSONAL SKILLS Highly organized and efficient Ability to work independently or as an individual or part of a team Proven leadership skills and ability to motivate Effective written and verbal communication skills Writing clearly and concisely Computer Skills EDUCATION Bachelor of Science in Information technology (2014-2015) AMA Computer College Paranaque 8262 Dr. A. Santos Ave. San Isidro, Paranaque City Work History Snr New York Style Pizza (New Port) – Production staff PLDT Costumer Experience Management (Bicutan) – Project callout assistant NTSNW Clothing Co. – Owner Unbothered Clothing Co. – Sales manager & Co-owner Cosmo Blunt – Owner 4|Page Questionnaire Template 1. A great amount of confidence is required while starting a business. It's all about the risks you're willing to take in terms of money, time, and effort in business. Do you believe that business is not for everyone, based on your personal experiences and observations throughout your line of work? ___ Agree ___ Disagree Comment: 2. As an experienced business leader, if you were given the chance what advice would you give to someone who is starting a business and is having trouble becoming a leader? Comment: 3. Is there a story or explanation why you come up with your current business (or businesses)? Comment: 4. As a business owner, did you ever have a difficult time with your business and almost give up on it? If it's the case, how did you overcome it and continue to manage the business? Comment: 5. What are the challenges you encountered that helped your company grow more? Comment: 6. Do you take your competitors as a threat? Agree Disagree Comment: 7. Can you tell us some challenges that you’ve experienced and you will never forget before starting this business? Comment: 8. What comes first to your mind when you hear the word “leader”? Comment: 9. How much time did it take for your company to earn a profit? Comment: 10. In innovating strategic methods for the company development, what are factors that you have considered while creating options of strategic methods to be utilized inside the company? Comment: 5|Page Transcript of the Interview (ALL ANSWERS ARE TRANSLATED FROM TAGALOG TO ENGLISH) 1. A great amount of confidence is required while starting a business. It's all about the risks you're willing to take in terms of money, time, and effort in business. Do you believe that business is not for everyone, based on your personal experiences and observations throughout your line of work? Comment: I disagree, Every person has different interests, hobbies, and passions, and when something sparks your interest, you may feel compelled to establish a business based on your interests and passions. So I can say that business is for everyone, but it is up to them to decide what techniques they will use to get started and build their own empire. 2. As an experienced business leader, if you were given the chance what advice would you give to someone who is starting a business and is having trouble becoming a leader? Comment: Always keep your mind clear so that it is full of pleasant thoughts. Also, if your mind is filled with happy ideas, it might influence your decision-making and lead to the greatest choice. Always check on your team to see whether it's still working or functioning, and if there is a problem fix it immediately. 3. Is there a story or explanation why you come up with your current business (or businesses)? Comment: “So the Cosmos Blunt started because I'm a chain smoker (heavy smoker) and, of course, as time goes on, we know how bad this benefits the body. So I tried finding an alternative, because I couldn't immediately quit doing something I've been used to for years, so I found this herbal cigarette on Instagram. When I first saw this, I just really wanted to be a consumer for my own benefit, but I thought, why not make it a business at the same time, and I can also help others like me who want to quit taking nicotine, so that's where I started, and now I'm glad that in just 3 months, my business has been successful. You just really need to have a vision, mission, and goal in your business so that you know what you are going to do, what you want to achieve, and also how you can help your own consumers.” 4. As a business owner, did you ever have a difficult time with your business and almost give up on it? If it's the case, how did you overcome it and continue to manage the business? Comment: “Before my current business, I had multiple businesses back then. First it was a clothing line, then printing services (silkscreen), and in the past, those businesses had almost given me no income, as in, I was just able to release money, but I didn't have any income or tangible money for me, so I quit those businesses.” 5. What are the challenges you encountered that helped your company grow more? Comment: The challenge that helped us grow our business more is the marketing stage. Especially because the the product of our business is new and unknown. We had a hard time finding our target customers. But I didn’t give up and just focused on improving the weaknesses of our products. At first we only focused on selling with our relatives and friends and after working hard for some time. I already learned how to deal and market my products 6|Page properly by using social media platforms such as Facebook, Tiktok and etc. in order to gain customers and thankfully that challenge helped our company’s grow more. 6. Do you take your competitors as a threat? Comment: I do not take my competitors as a threat, for me they are a standard checker of your business, when it comes to product and service. I always make sure that the product & service i give to my customers is however the best quality product that I can give in this kind of industry. That’s why I’m not threatened towards their presence, I’m despite thankful, because however they helped me to make my business grow and innovate. 7. Can you tell us some challenges that you’ve experienced and you will never forget before starting this business? Comment: One of the challenges that we will never forget when we are starting our business is our friends who are not supporting us just because they're not believing that we will succeed and they're different because I can understand if they can't support us for a reason like they are busy for something or have financial problems. 8. What comes first to your mind when you hear the word “leader”? Comment: A leader is not just being bossy and dictating every word that he/she wants to happen, When we say leader you must be part of the team and working with them and you must be a motivation to them. 9. How much time did it take for your company to earn a profit? Comment: “The time it takes for me to start earning profit on my current business is 2 months but before my present business, I tried other businesses but it did not succeed. I tried running it for 1 year but the result is I did not gain profit. I did not give up to my business because I love what I am doing.” 10. In innovating strategic methods for the company development, what are factors that you have considered while creating options of strategic methods to be utilized inside the company? Comment: “When it comes to strategies in business, I considered social media as a way to promote my business, because I think that social media is the biggest platform we have for these kinds of things. When it comes to building up a business, creating a business related to your interests is a factor in developing a good business, because it is something you like and you are interested in.” 7|Page Photo Documentation Start of the interview End of the interview 8|Page Individual Reflection Paper Alfred Tapales After interviewing Mr. Debban Flores, I realized many things in life. Putting up a business is not easy. At first, I thought that managing a business is very easy but after the interview, I realized managing it is very hard because it needs sacrifice, dedication, effort, time, patience, and many more. At first, Mr. Flores failed on his other businesses. He tried to have a clothing line and printing services but the result is he just lost his money because the profit is not that good and it seems that there is no patronizing his products and services. He said that he tried those businesses for 1 year and after that, he realized that he needs to change into another business and the new business that he ventured is the Cosmo Blunt. The reason why he decided to venture this is because he uses cigarettes and he wanted to quit on the vice. He searched for an alternative for cigarettes and he discovered the herbal cigarette. He said that he started earning his profit after 2 months. The story of Mr. Flores is very inspiring because he did not surrender on finding ways to gain profit. He stayed consistent throughout and he just focused on what is the goal. He did not treat his competitors as an enemy, instead he maid them his inspiration and the standards that he must surpass. He uses his competitors as his motivation be do better in his business. Honestly, I am inspired to him because it is not a joke to put up a business and the money that you invested in your business is like 50/50 because you have no assurance if it will be successful in the future or it will result in bankruptcy. The interview was nice and it is very helpful for us because we are in a business course and soon to be managing our own business. 9|Page Individual Reflection Paper Andrea Balbona As I sat in my chair while we interviewed the business owner of the vape shop, Cosmo Blunt, in MS Teams and asked the questions that we prepared, I’ve learn that the business owner had tried many businesses like clothing lines, printing services (silkscreens), but all of those had been failures before succeeding in his current business, the Cosmo Blunt, and at first, the business owner said that he had a difficult time with the sales for 1 to 2 months after the opening of the business. During those 2 months, the business owner didn’t give up and advertised first with his friends who also vape and on social media apps like Facebook, Instagram, etc., and after 3 months, it became a success, unlike his other businesses before. The business owner also shared his story about how he came up with this kind of business. It started when he wanted to quit smoking and vaping, especially cigarettes, because he was a heavy smoker. But quitting something you’ve been doing for years is hard, so he tried to find an alternative and found this herbal cigarette on Instagram. At first, he just wanted to be a consumer for his own benefit, but later on, he realized that he also wanted to help other smokers to stop taking nicotine, and as a business-minded person, he put his experience into a motivation to help other smokers use herbal cigarettes as a business idea and started a vape business, the Cosmo Blunt. He also stated that he doesn’t think or look at his competitor as a competitor, but as a fellow business owner and a motivation for his business. As we further interview the interviewee, I can feel that he has the vision of a real business owner that bears a significant amount of responsibility for both success and failure. He shows experience and motivation in his work because, as he said, having a vision, mission, and goals is a must so that you know what you are going to do and what you want to achieve. 10 | P a g e Individual Reflection Beetee Shaigne Solis It's quite tough to manage online group projects. It takes a lot of work to approach some of your groupmates and ask them to contribute to the project. We had issues with our internet, which is one of the challenges we confront in an online interview, making it more difficult for us. However, as a responsible student, you must deal with and adjust to the situation. The interview that we performed on November 9, 2021, has had a significant influence on my company concept. The interview had an impact on me since it provided me with new information and insight. Because our queries were answered by a business expert in the herbal cigarette sector, it really aided me and encouraged me to accomplish more and strive for the best. We spoke with the business leader and owner of Alternative & Holistic Health Service, and his perspective on our topic as a leader impressed me. As I continued to think about business problems while listening to Devan Flores, I realized that you must have the courage to take a risk in every decision you make along your journey. Otherwise, you won't be able to go forward and achieve the success you deserve if you don't take any risks. However, as he explained in our interview prior to his current successful leadership, he has had numerous failures. According to Devan Flores, he even started two businesses that provide him with no income, namely a clothing line and printing. Furthermore, Devan Flores believes that the problems you will experience as a business leader will help you grow in some way. As I listened to his response, I realized that he was completely right: failure is a sign of success since it proves that we tried our hardest. In conclusion, I’ve realized that we should not fear failure, we should take this as our motivation to do our best and get what we deserved and prayed for. The thought of teamwork also comes up in my mind because if we don’t have teamwork at all we will not achieve the desired outcome of our interview. 11 | P a g e Individual Reflection Krisha Neil Sumugat Coming up with a business and turning it into reality; building and organizing everything all on your own are one of those things that is considered as a struggle for a sole proprietor. These steps or struggles are inevitable in business, most business companies started of as a sole proprietorship, and therefore I commend our guest interviewee for his hard work in which influenced and inspired us to do the same and work harder for our goals. Each and every question asked were answered in a way where it was concise but still has the important message as well as the sharing of experiences which made the flow of our interview informative and inspiring. As we transcript the flow and answered of the interviewee as well as our questions, I was able to reflect and realize how my members asked questions which were constructed well and I was able to see each and everyone’s desire to learn more about business and handling, by using our time and opportunity to ask to a entrepreneur itself. I got inspired as a student from the words and experiences shared by our interviewee which was an owner of a vape shop called Cosmo Blunt. His agenda and advocacy for his business is not only to gain profit and build a business based on his interests, hence he was also able to create a business wherein he will be able to help those people who were just like him before who wanted to quit as a chain-smoker. This idea made me realize how a business should not only benefit you financially but also benefit you and your society by helping each other and being the root of change in a social problem. 12 | P a g e Individual Reflection Vanness Tordecilla At first, we welcome our guest Mr. Debban Flores, the business owner of Cosmo Blunt vape shop. We let him know the flow of our interview and of course, we asked for his permission also if we can have a recorded interview and gladly he said yes. When we started the interview with the business owner of a Vape Shop named "Cosmo Blunt" and asked a few questions, honestly I feel motivated when I hear all of his answers. I think he can be an inspiration for some of us even a non-business person because he is the person that didn't give up on life no matter how many times he failed. He has a clothing line business named "Unbothered" and some of his friends are doubting him on this business and suddenly it failed but he didn't let that slide and come up with this business now called "Cosmo blunt" vape shop, finally he successfully run this business. He spends almost 2 years trying different businesses until he succeeded. His idea for this business is very reasonable, he wants to influence other people to quit smoking cigarettes that harm our health or vape that has nicotine, Mr. Debban Flores's products are herbal cigarettes that can be helped to your health and our environment. I'm impressed with him because for me, personally, it's hard when you have a family or friends that are doubting you with your ability to succeed that's why I feel proud for him because he proved it to all of those who doubted him. 13 | P a g e Individual Reflection Lanhz Aggabao After the interview with Mr. Debban Flores I learned and realized a lot of things about life and when it comes to what problems should I expect as an inspiring business owner in the future when I create my own business. First of all, You have to be mentally and physically prepared because, for you to be able to make your business successful. You really have to work hard and give a lot of time and efforts on what you are doing. In life you will only be successful at your job when you connect it with your happiness. The real success in life is when you always do what makes you happy. As what Mr. Flores said it wasn’t really easy for him when he started his own business because he created a new product that people still don’t know about. We all know that when we think of a product that can be our product of our business we only think about popular ones. Creating new and unpopular products to sell is a very risky thing to do when it comes to the world of business. But Mr. Flores didn’t give up easily because he really loves what he’s doing and that helped him endure all the challenges of his business which made me inspired. Because as a young student I really learned a lot of things from him just from listening to him in the interview. He made us feel that he’s just giving life advises that will help me prepare from the future. Working hard while focusing on your dreams is a very huge impact on your career. For now as a student I should probably just enjoy life while learning a lot of things and focus on my dreams to prepare myself from the challenges that I will encounter in the future. 14 | P a g e Individual Reflection Marjorie Bonggato After the interview with Mr. Debban Flores, the owner of Cosmo Blunt. I have realized that putting up a business is a risky thing to do, but will be worth it in the end, you should just be brave and confident in yourself. I learned that in every business, there will be a successful one, and there are not. You shoul just always try and pursue the goal you want to achieve. Always make sure that from all of your competitors, even if you just started, always make sure that the quality of your products is at its best as possible. But actually as a student who own also a small business, I can super relate to Mr Debban Flores. Having a business is a risk, you should accept the fact that a business is not that easy to handle especially when you’re alone, all the workloads of a producing, auditing, marketing, and etc is all up to your hands. You should just have the courage and consistent to yourself that you can do every challenges that may come to your way. He also mentioned that handlin earnings in business is hard to manage, and that is true, because base on my experience, even though i earn quite enough money in my business i end up having nothing in my savings, and that is the most essential thing you must know to keep your business growing. 15 | P a g e Acknowledgement First of all, we are very thankful to God who gave us strength and patience to finalize and complete this Final requirement interview. The completion of this final requirement could not have been possible without the guidance and patience of Prof. Leonardo F. Cada, Jr. our beloved subject teacher. The Students would also like to thank their friends who helped them and not hesitate to support and give us courage. Lastly, the students would like to acknowledge their appreciation and gratitude to the people who participate and gave us time to provide information for the interview. Without all of you none of this would be possible. 16 | P a g e