One of the best things that came out of Covid-19 pandemic is that our company has decided to work from home (work remotely), permanently. Before the whole ordeal of Covid-19, we have been practising 2 days per week work from home (WFH), so we have got a head start on this. The last 1.5 month of MCO (movement control order) or lockdown in the three cities that we operate in is just the final acid test on whether we could go permanent work remotely (PWR). Photo credit: GettyImages As a measure to stretch the runway of our startup, we have found all ways to reduce our monthly expenses, including a company-wide pay cut. After rounds of discussion between my co-founder and I, we have decided to cut the office instead of an additional 13% pay cut in order to maintain the office. The expenses involved are office and co-working space rental, utilities, internet services, courier services, office cleaning and upkeep. Going officeless is a bold move as most people that have visited
I have recently reviewed my will and that caused me to look into my insurance policies. I have a conventional policy bought by my parents when I was 18, another life insurance policy with life and critical illness coverage, and a medical card. I have spent quite some time trying to understand how to make the decision and figured that someone else may be going through the process and this may help. Photo credit: Pixabay After multiple discussions with my very experienced insurance agent. Here are my conclusions. Before that, some background about myself so that you can put this into context. I'm a serial entrepreneur, now running my third business, a SalesTech startup, creating an innovative lead management system for lead-to-sale (L2S) industries . I have recurring income from my first business and also some residential properties that I have invested in. I'm in my early 40s as at writing and I'm married with a 3-year-old son and I'm the sole income bear