Brilliant Business Model Needed
Making money for several years,
only to give most of it back in one year,
is not a brilliant business model.
As quoted by Ken Lewis, Bank of America C.E.O.
Source (Fortune)
TheLocoMono Website
Exploring the relationship of money between business, personal finance, real estate, and travel.
Comment by SavingDIva on 26 March 2008:
Since I don’t really have my own business, I’m applying this to myself.
I guess I need to be wise about my spending, saving, and taxes!
SavingDIva’s last blog post..My Hair Downgrades…
Comment by Mark from TheLocoMono on 26 March 2008:
That’s another way to look at it, the same rules applies to personal finance so you would also want to make money, via interest, dividends, etc… so you can grow your net worth.
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