Tuesday, June 28, 2016

Investing in Experiences: Heading Your Own Event



Last week, I wrote about the  4 reasons why you should attend seminars and so, today I want to focus on how to head your very own event or summit. As an advocate of financial literacy, I have experienced coming up with activities -- big and small -- that focuses on improving financial awareness on students, inside and outside our Alma mater. And just last December, I had the chance to head the first DLSU-D Students' Summit. It was a fund raising fund raising summit attended by almost 2200 students from all over Cavite and Laguna. And from my experience, heading any kind of event consist of 3 basic parts which are the Pre-Event, Event Proper and Post-Event.

Photo by Camille Trinidad, Heraldo Filipino DLSU-D

1. Pre-event - Organizing your own event will take a lot of preparations, especially if its scope is large. In my opinion, a large summit or conference needs about 3-4 months for preparation. You might think that's too far ahead but trust me, you will need all the prep time you can get! Pre-event involves the basic parts such as Planning and Logistics, Costing, Marketing, Sales and Sponsorship.

Planning and logistic will be the first step. This is where you come up with your theme, event logo, as well as inviting speakers and personalities to your event. It also involves venue reservations, and finalizing proposals and papers especially if your organization is under an office or department. The theme and logo is especially important because the theme will be the overall essence of the all event. All the topics and talk must be in line with it. The Logo in the other hand will be the permanent symbol or brand for the event. It will be used for ALL of the letters and publicity materials. Basically this will be the image that will stick to your attendees.

Costing the event should also be one of your top priorities. You need to have a workable budget and an idea of how much you would likely spend for the whole event. This is helpful especially if you will be setting up a sale mark up to your ticket prices. This will help you track if your event will make profit or not. I suggest using excel and forming "scenarios" of different total participants and deducting the projected expenses to see how many tickets sales are needed to break-even.

It is also important to allot sufficient time for the Sponsorship. My advise to you is to create a specific team that will solely focus in all sponsorship matters. They will be tasked to prepare letters to sponsors and create a sponsorship package indicate the range of monetary or in kind values together with the corresponding benefits for each sponsors benefits or what you are willing to give in exchange of their help (e.g. company logo included in the publicity materials, brand mentioning during the event and playing company commercials during breaks, etc.)

While your sponsorship team is moving, another team should be set up to head Marketing and Sales. Marketing will be tasked to come up with posters, maintain the social media accounts for the event and teasers. They can also be task to communicate and send invitations to potential participants for the event. Sales will involve  the actual selling of tickets. I personally think, that the more payment methods, the better especially if your organizing a large event. The methods I can think of are setting up ticket booths, creating a bank account were participants can deposit their payments or giving participants an option to selling tickets online thru various online ticketing sites.

2. Event Proper - this will the actual day of the event. This part involves registration up to the evaluation of the event. A typical conferences program flow may look this:
  • 08:00 – 09:00 Registration
  • 09:00  09:05 Invocation and National Anthem
  • 09:05 – 09:10 Welcome Remarks
  • 09:10 – 09:15 Recognition of Sponsors
  • 09:15 – 09:20 Introduction of Speaker
  • 09:20 – 10:00 “1st talk"
  • 10:00 – 10:10 Q&A
  • 10:10 – 10:15 Introduction of Speaker
  • 10:15 – 10:55 “2nd talk"
  • 10:55 – 11:05 Q&A
  • 11:05 – 11:10 Introduction of Speaker
  • 11:10 – 11:50 “3rd talk"
  • 11:50 – 12:00 Q&A
  • 12:00 – 12:50 Lunch Break
  • 12:50 – 12:55 Recognition of Sponsors
  • 12:55 – 01:00 Introduction of Speaker
  • 01:00 – 02:20 “4th talk"
  • 02:20 – 02:50 Q&A
  • 02:50 – 02:55 Introduction of Speaker
  • 02:55 – 03:35 “5th talk"
  • 03:35 – 03:45 Q&A
  • 03:45 – 03:50 Introduction of Speaker
  • 03:50 – 04:30 “6th talk"
  • 04:30 – 04:40 Q&A
  • 04:40 – 04:45 Closing Remarks
  • 04:45 – 05:00 Recognition of Sponsors/Closing Ceremony


During large-scale events such as summit, you will need a lot of manpower. For me, events like this might need 50 or more people and if your a little short on committees, you can delegate event proper task to your pre-event committee. That way your people and multitask and reduce representation costs. Common committees need for the event proper would be:

  • Registration Committee - tasked for the participants registration
  • Food Committee - distribution of food to the participants, sponsors
  • Backstage Committee - tasked of managing the arrival and departure and food for the speakers and guests, among others.
  • Ushers - Participants' Area - to make sure the participates and taken care of.
  • Ushers - Sponsorship Area - to make sure the sponsorship area remains orderly.
  • Program Committee - to make sure the program flow will be followed accordingly.
  • Technical Committee - tasked to manage sounds and lighting
  • Runners - will be the ones to go around the venue to communicate or deliver important messages to each committess
  • Evaluation and Certificate Committees - task to distribute evaluation forms and certificates foe the event.
  • Documentation - tasked to document the event proper.
3. Post-event the last step in the process. Most people might think that an event ends when the closing ceremony is complete and the participants have already left the venue but it doesn't! the Post-event involves assessing feedback, financial statements preparation (for events with money involved), sending letters of appreciation to your guest and sponsors and may a small thanksgiving party to your whole team.

It is important to tally the evaluation of your participants because it will summarize the review and maybe some of the shortcomings of the event. This way you will be able to address the problems in the events to come. It is important to properly tally the cost and revenue and see if your event ended with a profit or loss. During our summit, I'm really proud that we were able to donate funds for the university scholarship fund, the accountancy scholarship fund and emergency fund to a sister school.

Lastly, make sure to extend your appreciation to all the speakers, sponsors and committees that helped you achieve a successful event. You may do so by sending a letter of appreciation. In our organization, we organization a small thanksgiving party and of course, a thanks giving mass t thank the Lord for the strength and guidance he has given us.

Overall, heading a event is hard but it is worth it. It gave me so much experience in working and communicating with other people and it truly tested my decision -making and time-management skill. In the end, I can truly say that I came out stronger and more level-headed after this event. I hope that for all of you readers, who are new members of an organization or are tasked to head a particular event, can use this article as a guide. 

This is Jernica on investing in experiences!

Do you have any questions or suggestions on what I should talk about next? Comment them below! Also, I would love to hear your thoughts/ Hope you can follow me on twitter @TheInvestingPOV

'Til next week!

Cheers!


Disclaimer: Credits to Ms. Camille Trinidad of Heraldo Filipino, DLSU-D for the photo. The article is based on my personal experiences and opinions on how to handle events.

Monday, June 20, 2016

Invest in Experiences: 4 Reasons Why Attending Seminars and Conferences are Important



Back on my days as the leader of DLSU-D JFINEX, I remember having the chance to socialize with top industry leaders and financial key note speaker. I would ask them to evaluate the seminars or summits conducted by the organization and most of them would always comment on how lucky our generation is to have the opportunities to attended conferences.

However, most of the time, we take these opportunities for granted.

Here are the four reasons why I think attending seminars and conferences are important especially to students.

1.)  Seminars instill knowledge that you can not learn from just sitting inside the classroom.

Most of the talks in this kind of events are application-based. In the classroom, our professors will teach us the theories, for example, the history of the Stock Exchange in the Philippines and how to compute for buying and selling prices. Talks, on the other hand, focuses more on what the real market conditions are, how you should start your own portfolio and sometimes, even give tidbits on what kind of companies you should be investing on. And a lot of the talks I've been to focuses on personal financing which can apply to everyone  so long as they spend and save money.

2.) They are resume builders. 
When I was a freshman up to sophomore year in college, my main focus was to study and reach the quota grades for your course. I wasn't active in school organizations and consequently had nothing in my resume. But upon joining students activities and attending seminars I can really say that my resume from a two-page almost blank slate to a reasonably well-presented document full of seminars and workshop that would really give me an edge over other students my age.

3.) They are a great way to make connections. 
Especially if you are an active member in your respective field. You will have a greater chance to meet other students who share your passion and goals and even get a chance to talk to the professionals of your fields. Knowing that there are other people who work for the same cause and seeing successful individuals pursue the same dreams would really ignite and inspire you to do your best.


4.) Most often than not, they will be worth the money.
If you were to compare prices of seminars for students and professional there's a significant difference in prices. Here in the Philippines, registration for student summits ranges from 250PHP to 500PHP inclusive of food, certificates and other freebies. While summits for professionals are priced 3000PHP to 8000PHP depending on your field of expertise


This is Jernica on investing in experiences!

'Til next week!

Cheers!

Disclaimer: Credits to my friends, Trisha and Patrick for the Student Investors Convention 2015 and the 2nd Philippine Junior Finance and Investment Summit! This post is not sponsored by any organization or any of the sort.

Monday, June 13, 2016

Invest in Experiences: Maybank Go Ahead Challenge (MGAC) 2016 Campus Level


It is so important to take time and effort and invest in experiences especially when you are still in university or studying. Experiences puts you in an advantage over others students because they really are a way of helping you grow and making you more aware and skilled in your field of expertise.




Last Saturday (June 11, 2016) out of thousands of applicants, I was blessed to be shortlisted for  the Maybank Go Ahead Challenge 2016 Campus Level in De La Salle University Manila and let me tell you, it was such a unique experience! It was a fun and engaging business case challenge where we were tested physically and mentally, focusing on our attention to detail and quick decision-making skills.




The challenge started by grouping all 101 contestants into 18 groups. I was grouped randomly with students from DLSU, DLSU-D and PUP. After a few minutes, the first activity was announced as a race to test our physical abilities. I guess this is to test how we will fair especially when we get to nationals and international level where you have to roam around the city to do different tasks. After a fun but tiring race, we were quickly instructed to get ready for a case study. The case was very unfamiliar for me since its a topic which is not a common topic upon on Catholic schools and after quick preparations were presented our case to the panels defending our decision.


After a long and nerve wrecking waiting, the panels decided to select 50 from the 101 participants to advance to the next cases where more presentations and defenses were made.
10 students from our campus joined but sadly none of us made it to the National Level. However, the experience that I gained from joining was really priceless. I was able to make new friends and I really felt stronger and more assure in myself after the event.




The challenge gave me a glimpse of how multinational companies might work in the real world and how each decision and each faction of a society matters. I learned that there are bigger things at stake in making management decision than any of what I've learned in any of my classes.The Challenge thought me that, although we have no control or we can't control the outcomes and consequences of your decisions but we have to make do with what we have and that we should be firm with your decisions no matter what!



This is Jernica and I have to say Maybank Go Ahead Challenge 2016 has helped me Unhide my Might!

'Til next week!

Cheers!

Disclaimer: Not sponsored or anything of the sort

Monday, June 6, 2016

Introductions and Inspirations

Introductions and Inspirations


Hi everyone!

I've always wanted to start a blog but was having difficulties finding a topic that would 'click' or something I can really relate to. But since I've started investing in the Philippine Stock Exchange Market (PSE), I've found I love of personal growth and finance.

I wanted to make it a personal advocacy to share and hopely inspire the youth to think more about their finances and not spend their allowances on the non-essentials.

To start my journey, my Financial Management Professor, required our class to make a stock account on the school year 2014 -- just to test the waters. However, we lost significantly and a lot of my classmates were discouraged.

However, I took the courage to open up a stock account in COL Financial  PH. It's a online stock broker allowing me to keep track of my investing via online. 

I opened a Starter Account sometime during October 2015. As a college student, this was very affordable with a minimum investing requirement of 5,000PHP. Since then, I would put some of my monthly savings to gradually increase my account.

As an active student leader and former President of the finance organization in my university (DLSU-D JFINEX), my passion for investing and permantently making financial literacy my advocacy only grew more and more each day. 

8 months in and all i can say is my investing journey has been more of a rollercoaster ride and I cant wait to share more of them next time!

Cheers!

If you want to check the website here's the link 

COL Financial PH: https://www.colfinancial.com

Diclaimer: Not sponsored or anything. :)