Sean: We have MJ and her question is, I heard logistics businesses are not advisable in our country because of the traffic. Would it be advisable to engage in this business during this pandemic?

JM: You know what? I have a friend who is recently actually thinking about starting a logistic business.

Sean: Really?

JM: Yeah. So I'm not really sure if it's advisable to engage through this business. But do you think, Sean, this is another question, from this question. Okay? Maybe to just also support the question from MJ. Right now, since a lot of people are also doing online shopping and stuff like that, is it also like one of the factors that people can think about when starting any logistic business? Because right now it’s all online. Everything is online.

Sean: Yeah. I think that there are a lot of startups already today that have gone into the logistics industry. But a lot of them are in Metro Manila. So in terms of the provincial areas, I think there's still a huge opportunity to start logistics businesses there. It's tough to compete with the giants here. Especially, because we all know that Grab is a monopoly here. Right? That’s going to be tough. Those are the things, those are the factors playing in my mind as an entrepreneur questioning myself if ever I'm going to go and start a logistics company. Those are the things that I would be looking at.

And the competition in the logistics now would be the technology. Would you have the funding needed to start the technology and make it a cutting edge or create new technology that would be able to beat whatever Grab or Lalamove or all of these other logistics companies own already? I don't think the competition would be the manpower or the vehicle. That's no longer the case. You can already acquire manpower or vehicles at a very reasonable price. It's the technology where the battle is in.

So even with stemming from MJ’s question about the traffic, the traffic I think is not much of a concern now, because there’s less traffic now. Yeah. But you know, it's really the technology that we have to check.

JM: The important thing is about technology. If you can offer something new or something more updated and at the same time where  So what you mentioned, Sean, you think it's better also if you'll be in the provincial areas instead here in Metro Manila.

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