Tuesday, August 28, 2012

Subsistence Business versus Profitable Business

Subsistence Business

Any business with a lax business model, allowing only for the owner(s) to maintain a middle-class or lower lifestyle.

(  http://www.urbandictionary.com/define.php?term=subsistence%20business   )

The Role of Systemic Adaptability in Subsistence Consumer-Merchant Management of Business and Family

The Divide between Subsistence and Transformational Entrepreneurship
Professor Antoniette Schoar, MIT

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