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,…

Learning from the resolve of zero-gravity spiders

Rejected in love? Lost a job? Experienced a serious medical condition? Gone through a financial crisis? Spiders In Space offers comfort

Learning from the resolve of zero-gravity spidersSpiders In Space: Successfully Adapting to Unwanted Change By Todd Hirsch and Rob Roach P&P Publishing C$20 For those of you who had any doubt, this book confirms that misery really does love company. It tells the story of 15 very different people from a variety of backgrounds across Canada who have but one thing…

God rested on the 7th day. Why not you?

Working smarter, not harder, will make you more money. Take time off to think about other things and to refresh your mind, body and spirits

God rested on the 7th day. Why not you?On the seventh day, God rested. But for four years, I didn’t. My body finally said “No more!” I was laid out on the couch for two weeks, stressed and exhausted. Four years of continuous strategizing and deliberating had taken its toll. On top of running my businesses, I was involved in major campaign to clean up the…

Paying a high price for success, even after you die

There’s no hiding from the success tax, but several things can help legally reduce or even eliminate the amount your estate or your heirs pay

Paying a high price for success, even after you dieThere’s no official estate tax in Canada but we do have what I call the success tax. It's what we pay if we’ve been financially successful in a lifetime of investing and asset accumulation. The more successful you’ve been, the greater the tax could be. If you have assets that will be taxable when sold or when deemed to have been…

Systems are the key to your business success

Ensuring consistency in the delivery of services and products will reduce the stress on your employers, employees, management team and customers

Systems are the key to your business successI had just spent more than $40,000 on my master's degree and in the months before I graduated, I wasn’t sure what I was going to do with that investment! Investing in yourself in terms of education is different than any other investment you make because it’s really the first step in a process to take…

Your financial adviser’s interests may not align with yours

Do your homework. Look with a critical eye at your service providers. After all, it is your money

Your financial adviser’s interests may not align with yoursThe tax free savings account market continues to be a great unknown for many Canadians and the big banks apparently aren’t helping. Recently, I asked readers if they were among the six million Canadians with the savings accounts known as TFSAs, and if they truly understood the value those accounts represented – and the flexibility they offered investors. “The pitiful…

Tax free savings accounts: controlling your financial destiny

Too few Canadians know they can use TFSA funds to invest in ventures that could bring big gains (and cost nothing in tax)

Tax free savings accounts: controlling your financial destinyAre you are one of the six million Canadians who have opened a tax free savings account (TFSA)? Have you ever wondered about the real purpose of these accounts? You’re not alone. Millions of Canadians are unaware of the potential windfall that former finance minister Jim Flaherty handed them in 2009 when he introduced TFSAs. TSFAs were…
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