established with a vision of becoming a multi - specialty medical center providing quality health care to all patients regardless of their socio - economic status and a mission of creating an impact in the community through quality service. In its three years in operation, the medical center has come into the realization that there is a great shortage of nurses who are competent, caring, compassionate, cheerful and holistically ready for true service and care for patients. This need for well - rounded nurses with exceptional clinical skills was truly felt not only in the province but the whole nation, as well. With our dream of fulfilling our vision - mission of providing quality health care to our patients and to cope up with the growing demand for nurses, the Our Lady of Mt, Carmel Medical Center was prompted to establish the St. Martin de Porres Institute of Medical Studies (SMPIMS) in 2004 offering Bachelor of Science in Nursing (BSN) and Caregiving NC II, each having 160 and 60 enrollees respectively. In 2005, the school experienced an increase of 50% of its freshmen enrollees from the previous year totaling its combined population for BSN to 400 students while their enrollees in Caregiving had an average of 60 students per batch. With its enrollment employment deployment program, SMPIMS rose to the ranks and gained a competitive market share of students in the province. In 2009, SMPIMS was able to come up with 200 and 45 new enrollees for their BSN and Caregiving programs respectively, a slight decrease from the previous years. News of global recession and a growing number of surplus among registered nurses in the country. It was made known to the SMPIMS owner and administrators that they will experience a downtrend in their enrollment in succeeding years despite of their enrollment employment deployment program. In the year 2010, due to a low enrollment turn out in their Caregiving NV II program, the school was forced to close it. They also experienced a dramatic decrease of 80% in their freshmen enrollees in their BSN program the previous year. SMPIMS changed its name to College of St. Martin de Porres (CSMP) in connection with the reason that the school found the need to offer more courses under the fields of business and educations such as BS Tourism (BST), BS Hotel and Restaurant Management (BSHRM), BS Elementary Education (BSEED) and BS Secondary Education (BSSED). CSMP total fixed and variable cost is roughly at 95% of the total revenue, 55% of which is spent on salaries and benefits of its employees. The colleges total combined student population is at 890 and charging average fees of 60,000, 55,000, 45,000 and 35,000 per semester for BSN, BSHRM, BST and BSED respectively. Upon the opening of these new courses the college is still with its original vision of molding persons holistically, fully equipped with the skills and knowledge and with heart full of love and compassion for work, for the greater glory of God.
Summary: 12 Months to $1 Million: How to Pick a Winning Product, Build a Real Business, and Become a Seven-Figure Entrepreneur by Ryan Daniel Moran: Key Takeaways, Summary & Analysis