Me & My Money

$1.3m business loss proves priceless for property couple

Entrepreneur Germaine Chow and her husband Shawn Lee with their two children, Isaac and Rachel. The couple married in 2013 and are now marketing and sales directors at their own agency, MooMoo Digital. They also own The I Quadrant, an education business w
Entrepreneur Germaine Chow and her husband Shawn Lee with their two children, Isaac and Rachel. The couple married in 2013 and are now marketing and sales directors at their own agency, MooMoo Digital. They also own The I Quadrant, an education business which offers the flagship programme Property Income Mastery. ST PHOTO: JASMINE CHOONG

Losing their first venture taught husband-and-wife team the value of diverse income streams

In 2017, entrepreneur Germaine Chow and her husband Shawn Lee lost $1.3 million when their business venture turned sour. It turned out to be a blessing in disguise because they realised the danger of relying on one source of income.

"I was working extremely hard for my business, and it fell into the wrong hands of partnership. We had to restart everything that we've built in the last four years," said Ms Chow, 30.

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A version of this article appeared in the print edition of The Sunday Times on March 31, 2019, with the headline '$1.3m business loss proves priceless for property couple'. Print Edition | Subscribe