Four things to understand about the power of marketing

Are you giving marketing the respect it deserves?

Four things to understand about the power of marketingOne of the biggest mistakes new entrepreneurs make is to underestimate the power and importance of marketing. Right from the earliest days of a startup, marketing deserves a seat with the big boys: finance, human resources, operations, product development and sales. It shouldn't be an afterthought. And it’s not fluff. “Marketing is a core part of…

Rock, paper scissors: creating a successful workplace culture

If you want to work in a place that’s fun, start making it fun. If you want to work in a place that’s excellent, start making it excellent

Rock, paper scissors: creating a successful workplace cultureRock, paper, scissors is a game we all played as children in the playground. And in a company department nearby, they hold a weekly Rock, Paper Scissors Championship. On Thursday of every week, the people in the department gather on their lunch break for a few minutes to play rock, paper, scissors to determine who…

How to spur entrepreneurship in an aging population

Policy levers can strengthen incentives for entrepreneurship and improve the likelihood of successful new business startups

How to spur entrepreneurship in an aging populationBy Steven Globerman and Jason Clemens The Fraser Institute Entrepreneurship is widely acknowledged as the basis for innovation, technological advancement and economic progress – and, subsequently, a driving force for improved living standards. Yet there’s little discussion, let alone action, among governments in Canada to stem the adverse effects of demographic change on entrepreneurship, specifically…

Britain’s social (and economic) revolution

A stunning 94% of Britain’s richest made their money themselves. Land ownership no longer holds the keys to the kingdom

Britain’s social (and economic) revolutionIf you watched the royal wedding, you’d be tempted to think of Britain’s social order as immutable. While the bride’s background introduced a degree of diversity, the image of Britain as hereditarily hierarchical seemed to be alive and well. Reality, though, is different. The tectonic plates have shifted significantly over the past half-century, transforming what…

Why being bitten by a dog was more pleasant than your customer service

How many times do your customers leave your business because you’ve trained your staff to guard your products but not sell them?

Why being bitten by a dog was more pleasant than your customer serviceI had just climbed the steepest part of the hill and was out of breath when out of the corner of my eye I saw the dog sprinting out of the driveway towards me. My heart was already racing and I was doing my best to stay on my bike when I felt its teeth…

Entrepreneurship is at the heart of economic growth

The rate of small-business startups is declining in Canada. Here's what we can do to spur risk takers, who help reshape an economy

Entrepreneurship is at the heart of economic growthBy Jason Clemens and Steven Globerman The Fraser Institute The ability to increase living standards primarily comes down to one thing: being more productive. Individuals and societies can only improve living standards if they become more efficient. Entrepreneurship is essential to this process of transforming inputs such as labour and raw materials into desired outputs.…

Canadians pay the price for unnecessary Crown corporations

With more than $1 trillion locked in underperforming assets, Crown ownership is a hugely important issue for public policy debate

Canadians pay the price for unnecessary Crown corporationsThere has long been a public policy battle over government’s role in running enterprises. Strangely, that battle was not settled in the 1980s and ’90s when many state-owned firms were ‘privatized,’ since Canadian governments still own many Crown corporations. Air Canada, Canadian National Railway, Petro-Canada (now part of Suncor), PotashCorp of Saskatchewan (now part of…

Are you too busy to be really successful?

We’re fooled into thinking that there’s a direct relationship between being busy and success. In truth, we need to find a life balance

Are you too busy to be really successful?A business owner reached out to me to schedule a strategy session. First he emailed me and then he called me. I figured he must be serious. As we were talking on the phone, he told me that he was overwhelmed, he wanted to take his business to the next level but he needed to…

The 10 qualities of a winning business plan

You may be qualified to run your business, but that doesn’t mean you’re qualified and ready to write your own business plan

The 10 qualities of a winning business planYou may be qualified and ready to run your business. But that doesn’t mean you’re qualified and ready to write your own business plan. Whether you’re testing the waters on your business idea, looking for funding, or attracting equity investors, the quality of your business plan – and the soundness of your financials – is…

Ottawa’s rules make health care worse

We’ve seen decades of policy paralysis, with provinces constantly under threat of penalty for exploring policy options

Ottawa’s rules make health care worseBy Bacchus Barua and Nadeem Esmail The Fraser Institute What makes health care in our country uniquely Canadian? It’s certainly not the goal to ensure universal access to care regardless of ability to pay. That goal is shared by at least 28 other high-income countries around the world. It’s certainly not that our universal health-care…