Nurture the differences that make your business valuable

In order to survive and thrive, you need to clearly understand the marketplace and come up with a strategy that will differentiate you from your competition

Nurture the differences that make your business valuableHow often to do you get mixed up with someone else? Sherry and Margaret are two good looking women of a similar age who get mistaken for each other frequently. They have similar builds, similar hair styles, and similar smiles. Although unrelated, they’re often taken for sisters when they’re together. It’s not that they’re trying to…

Why I served road kill to my investors

The fastest way to the end result is often the most expensive. When we slow down, look for options and think creatively, we can save money, time and energy

Why I served road kill to my investorsIt was my lucky day when Emile told me he had some road kill in his freezer that he would give me in trade for a couple of cases of beer. Not so lucky for the cow that had been hit by the semi truck, I guess. Emile told me there were lots of steaks in…

Fill those profit holes before they sink your business

Unless you’re a careful operator, you may find yourself among the 60 per cent of businesses where the owners receive very little money at the end of the day

Fill those profit holes before they sink your businessIt was serious business! My brothers and I were neck deep in it. We were digging to China when we were interrupted by the call by our mother for dinner. Digging holes is something boys do. We dug holes for forts, holes for adventures and holes in search of gold. My son at the age of three dug…

How to influence people – and avoid headaches

Bashing noggins isn't the best way to deliver a message. Become a better business operator by understanding why your staff behave the way they do

How to influence people – and avoid headachesShe was almost frantic as she beat my head with a textbook and repeated over and over, “Would you ever stop talking, Dave Fuller?!” Those were the days when teachers could do such things and Grade 11 students would generally accept them and the semi-concussions that went along with the beatings. My classmates laughed at my…

Protect yourself from the unexpected realities of life

Seek professional help if your financial plan doesn't protect you from the four Ds: death, divorce, disability and disaster

Protect yourself from the unexpected realities of lifeYour financial plan should provide you with as much protection as possible from the four Ds: death, divorce, disability and disaster. While you can’t totally protect yourself from any of these events, you should at least have a good plan in place in case something does happen. Death is the only D that can’t be avoided,…

Canada’s investment recession drags on

The collapse of global oil prices, coupled with weak prices in other commodity markets, a key factor behind Canada’s investment slump

Canada’s investment recession drags onWhile Canada’s economy continues to grind out positive if unspectacular gains in employment and gross domestic product (GDP), below the surface the picture is less encouraging. For several years, our economy has basically been kept afloat by free-spending consumers and overheated real estate markets. Throughout this period, export growth has been meagre and investment outside…

Write down and share your recipe for success

One of the keys to business success is consistency. So set up a step-by-step processes to get the best results every time you do things

Write down and share your recipe for successWe couldn’t have had a better boarder. Billy Burchell would come every week from McLeod Lake to live with our family while he went to school. He would arrive on Monday for school and take the bus back on Friday after school. Billy was in shock for the first few months he lived with us…