How two brothers and sister set up a $ 1 billion business selling cheap toys
The Mowbray family’s path to success in toy production was thorny - it had cheap rented housing in Hong Kong, courts with competitors, and goods that no one wanted to…

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10 franchising trends over the past 10 years
Experts predict a tenfold increase in franchised points by the end of 2025. Is it real? In order to answer this question, you need to look at the experience of…

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At your own risk: what is the danger of investing in your own business
Most wealthy people want to save money and protect them from inflation. But what to do with your own assets? At the dawn of my career, I heard the phrase…

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How to survive financial difficulties

There is nothing shameful in poverty. To overcome financial difficulties, you should start monitoring your expenses. To solve the problem, stop spending more than you earn. Physical and mental health, a reasonable approach to shopping and a healthy assessment of your financial capabilities will help you get out of a difficult situation.
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Watch your health. You cannot survive this difficult stage if you are ill. In addition, in case of illness, you will not be able to work, and this will exacerbate an already difficult situation. To prevent diseases bypassing you, strengthen your immune system with a balanced and high-quality diet. The diet should include cereals, fruits and vegetables. Continue reading

How two brothers and sister set up a $ 1 billion business selling cheap toys

The Mowbray family’s path to success in toy production was thorny – it had cheap rented housing in Hong Kong, courts with competitors, and goods that no one wanted to buy. Now that their business is worth more than $ 1 billion, entrepreneurs want to explore new territories
Nick Mowbray works in a 12-room mansion in the New Zealand town of Coatesville. Previously, there lived a cybercriminal Kim Dotkom – here he was detained in 2012. The 34-year-old Mowbray has a calmer life. In his estate, occupying half a hectare, he holds a vineyard, giving a harvest of 2000 wine per year. A man can afford such a life thanks to his fast-growing business. He manages the toy company Zuru with his older brother and sister, Matt and Anna. Walking through his library, the entrepreneur explains: “My philosophy is that the efforts made should always be proportionate to the goal.” Continue reading

Manipulation and deception: how not to fall into the trap of a simpleton hunter

How to protect your budget from cunning sellers who are to blame for the 2008 economic crisis and what is the danger of political lobbying? A new book of Nobel Prize winners in economics talks about the risks of free markets

The Mann, Ivanov and Ferber Publishing House has published the book The Hunt for the Simpleton. The economics of manipulation and deception. ” The authors are two Nobel laureates in economics, identity economics researcher George Akerlof and Yale professor Robert Schiller.

The market economy has become a favorable environment for misleading consumers. Continue reading

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