May 27, 2017

How quickly can a start-up achieve a billion-dollar valuation?

Imagine you have finished your MBA and have decided to set up a business on your own. You have a great idea for a new product/service that you believe will fill a gap in the market. The only problem is that this will require money to get off the ground and you don’t have that […]

How much for the taxi? $41billion!

What is it?  A $41bn taxi firm called UBER.  That’s a lot of money for a taxi business. What size is the global taxi market? Estimates put it at between $50 – $100bn. What share of that market can Uber expect to capture and how can that justify a value of $41bn? Well consider what […]

Financial fantasies in football

Why is it that Football clubs think that they are immune to the effects of continuing operating losses? In every other private sector business, it is understood that losses cannot be sustained indefinitely. Continuing financial losses lead inevitably to job losses, cuts in salary costs and sometimes complete closure, but not in football apparently? #146275737 […]

University without walls!

20 November 2014 and it’s EBS graduation day again. Today we have four new DBA graduates bringing to 35 the number from the programme since its inception.  26 of the 35 have graduated in the past couple of years as the DBA has gathered pace. Today’s four graduates come from South Africa, Hong Kong, the […]

Facebook buys WhatsApp

Facebook has just bought WhatsApp for $19bn. Source:appleinsider.com –          So what, what’s WhatsApp anyway? It’s a messaging service over all mobile phone networks, which is essentially free for users, so they don’t need to pay for text messages, pictures or videos. –          So why is Facebook paying $19bn for something that is given away for […]

Should Google pay its fair share of taxes?

Why should companies pay tax?  An American billionairess once said ‘We don’t pay taxes, only the little people pay taxes’.  Big companies are thinking like that too – they don’t need to pay taxes if they don’t have too. Companies like; Google, Amazon, Apple, Starbucks pay very little corporate income tax.  Shareholders will be very […]

Is it worth doing an MBA?

 The Chartered Institute of Personnel and Development  (CIPD), the UK body for professional Human Resource Managers, asks this question in the latest edition of their magazine People Management. In an article entitled ‘It’s just for geniuses  – and six other myths about MBAs’ they ask the pertinent question: is an MBA worth it  – especially […]

Why are so many people financially illiterate?

A recent article in the Economist (16th Feb) asks this question. The article relates how many people can’t work out the interest on a savings account. Does this matter? What are the consequences of financial illiteracy? Well individuals will not plan effectively for known events, such as retirement, or university education.  And with governments around […]