Malaysia Beauty Travel and Lifestyle Blog

Just want to share what I have read during my three days hiatus. Professor Muhammad Yunus of Grameen Bank said this during the interview with Santa Barbara Independent.. " Ordinary businesses : * aimed at making money * there is no consideration of how people benefit, * it is all about making profits Social businesses : * all about social benefits * not a personal gain Profit are important in social businesses which seek to sell products at prices that make it self - sustaining. Important reminder - social businesses is not a charity but profits are not its ultimate goals. When social business turns a profit, the original investors are repaid. But the rest of the profits stay with the company in order to achieve its long term social goal of helping the poor. " If you deciding to venture into business...do consider to do the ORDINARY BUSINESS OR SOCIAL BUSINESS? Have a good working days ahead of you! Don't forget to feel confident...