Ben Chestnut grew up watching his mother and sister run a beauty salon out of the family's kitchen and learned never to spend more than the cash he had on hand.
"My mother used to tell me, 'You are the only person you can depend on to put food in your mouth,'" the 42-year-old co-founder and CEO of MailChimp recalls. "So, in the early days of MailChimp, it never occurred to me to borrow money or get funding to grow my business."
Sixteen years later, his Atlanta-based email marketing firm earned annual revenue of $403 million. "If I need to make more money," Chestnut says, "I find a way to serve more customers--just like my mother taught me." Follow Ben's example and grow your business' own resources and success, so it can do great things.
KUALA LUMPUR (July 18): Institutional investors such as the Employees Provident Fund (EPF) have voiced their unhappiness with the remuneration received by Sapura Energy Bhd's president and group chief executive officer Tan Sri Shahril Shamsuddin, which totalled RM71.92 million for the financial year ended Jan 31, 2018 (FY18), according to the Minority Shareholder Watchdog Group (MSWG).
The amount is equivalent to 1.22% of the group's FY18 revenue of RM5.89 billion.
KUALA LUMPUR: RHB Research Institute Sdn Bhd expects the country’s headline inflation to moderate to 1.9 per cent for 2018 compared with an increase of 3.7 per cent a year earlier on lower transport costs after the government fixed fuel prices at the current rates.
Once upon a time, it looked like cloud-based serviced would become the central hub for analyzing all IoT data. But it didn’t quite turn out that way because most IoT solutions simply generate too much data to do this effectively and the round-trip to the data center doesn’t work for applications that have to react […]