Marshall Field was an American entrepreneur who played a pioneering role that revolutionalised the world of retail business. In an era of wishy-washy and unfair trade practices, Field stood head and shoulders above others advocating for quality service and customer satisfaction. He introduced the idea of product refunds, liberal credit, one-price system, in-store restaurants for shoppers and as a result transformed the shopping experience.
In today’s world, the ‘generosity’ of financial institutions and enticing offerings from retail or department stores can make it really hard to keep finances on track. The avalanche of Buy Now, Pay Later, irresistible 75% Off Sales, tempting 0%APR for 2 years Credit Card offerings have all made it a huge necessity to keep finances on the straight and narrow path. Temptations to spend and impulse buy has greatly contributed to the shopaholic culture in our society today.
Have you ever tried playing golf? Then you know that the slightest adjustment in your swing can mean the difference between slicing and shanking the ball and driving it perfectly down the green. And it’s the same in business — because what it comes down to is the fact that the smallest changes can yield the biggest results. Continue Reading
Being an entrepreneur is becoming increasingly popular and is bound to influence how children think about their future. But how can we spot the children who will flourish in this new entrepreneurial society?