Retire? That's a dirty word

Article Abstract:

Wealthy corporate business people find it difficult to cash out and retire because they find much of their sense of identity and purpose through their businesses. The thrill of the adrenaline rush of the next deal is often more important than a retired life of material goods and idle leisure. The challenge of work is being successful rather than making a lot of money, and retirement does not always provide success. Also, many of the wealthy do not retire because they wish to provide roles for family members in the business.

Psychological aspects, Beliefs, opinions and attitudes, Rich, Rich people, Family-owned businesses, Retirement, Success, Family corporations

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Supermarkets line up for war of the Web

Article Abstract:

Competitors Woolworths and Coles Myer, which together dominate 66% of supermarket business in Australia, plan internet exploits to gain advantage in the industry. Woolworths has already instigated Ezy Banking, a supermarket banking system through the Commonwealth Bank, and Coles Myer is preparing to provide online shopping; neither, however, may be advancing quickly enough to retain customers.

Planning, Innovations, Supermarkets, Online shopping, Woolworths, Coles Group Ltd., In-store banks

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World rugby rucks in the cash

Article Abstract:

Leo Williams, executive chairman of the Rugby World Cup, is preparing for the event, which takes place in Nov 1999 in Wales. The event has gained many new corporate sponsors, such as Coca-Cola Co. The gate may reach $125 million, and profits will be split among the host nations, England, Scotland, Wales, Ireland and France. Some Australian players express dissatisfaction with this arrangement.

Statistical Data Included, Services, Competitions, 1999 AD, College sports, Rugby football clubs, Rugby football teams, World Cup (Rugby football), Williams, Leo

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