MONEY THOUGHTS: Harness two business tools
THERE are ambitious business startups that focus, initially, on revenue generation and market-share capture instead of profitability.
THERE are ambitious business startups that focus, initially, on revenue generation and market-share capture instead of profitability.
HALF a century ago, when I was a primary school student at St Paul’s Institution (SPI) in Seremban, some of my friends who came from richer homes began turning up in class with coloured felt-tip pens. These left far more vivid lines, strokes, smears, and shades than the cheaper colour pencils most of us used in art class.
AS we work hard to earn money to live on, to support our lifestyle today, and to build a retirement nest egg for tomorrow, two key words we should be aware of are “surplus” and “deficit”.