Leanna Byrne
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Hello guys, I have a side hustle and I'm wondering what to do with the profit from that business.
So with my personal money that I earn from my day job, the way that I structure that is that I put 50% towards needs, 40% towards investments and 10% towards wants.
So I'm wondering with my business income,
With the actual profit from that, when I'm putting that into my personal account, how do I actually divvy that up?
Do I then...
put that into 50% into those percentages?
Or is there another way?
It seems like if I do it that way, I'm not getting much fund money from my business.
Thank you so much.
I'd really love your advice.
From growing up in a 250 square foot public housing flat in Hong Kong to building one of Southeast Asia's fastest growing fintech companies.
Her first startup failed.
Investors rejected her more than 200 times.
Then a pandemic wiped out almost all of her business overnight.
We lost 80 to 90% of our business volumes overnight.
That's Cecilia Chu, founder of uTrip, here on Business Daily from the BBC World Service.
I'm Leanna Byrne and this week I want to introduce you to a founder who was told no hundreds of times before anyone said yes.
Cecilia Chu grew up in a tiny public housing flat in Hong Kong, sharing 250 square feet with her family and
and watching her father repeatedly struggle to access finance.
Years later, after a failed startup, more than 200 investor rejections, and a pandemic that wiped out up to 90% of her business overnight, she found herself fighting to keep her company alive.