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Episode 15 - Building a Baby Crib Empire with Daniel Fong

Faith Driven Entrepreneur Asia

CHAPTER

Never Laying Off and Loving Your Neighbor

This chapter explores the concept of never laying off employees in a business and challenges the idea that profit maximization should be the purpose of a company. The speakers believe that treating employees like family members changes the approach to economic downturns and layoffs, and emphasize the importance of having an emergency fund. They provide examples of companies that laid off thousands during the pandemic despite record profits, proposing a different mindset for decision-making.

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