Getting an investor to move from “not now” to “yes”

Investing is a process and not a speed dating event. If you develop relationships with investors, you’ve got a much better shot of closing the deal

Getting an investor to move from “not now” to “yes”Getting a “no” from any prospective investor can be hard to take. At first glance, it’s insulting. You’ve poured heart and soul into an idea and after 10 minutes of pitching, the investor doesn’t want to hear more. For the entrepreneur who wears the success or failure of his company as a reflection of their…

Talk to your venture capitalist before you crash and burn

Open communication with your VC can help you, your company and your longer-term prospect of later support

Talk to your venture capitalist before you crash and burnEverything is positive when a new venture begins. There is a rush of excitement, people are fully committed, hours are long and creativity is cranked to its peak. The traction, media attention or buzz will soon bring you to the notice of venture capitalists. Cash comes in and everyone is pumped up. The founders are…

Entrepreneurs need to know when to call it quits

Don't let your business success or failure define your worth as a person

Entrepreneurs need to know when to call it quitsJody Sherman founded several companies. Some got bought out for modest success and others failed. Ecomom was his last startup. Management and staff tried hard but Ecomom didn't work and it burned. When Sherman saw no hope for Ecomom, he saw no hope for himself so he ended his own life. But there is more…

Gain big business focus by looking at individual details

What each staff member does is important. The more employees work together to enhance their contributions, the better for the business as a whole

Gain big business focus by looking at individual detailsIs what you do really important? I recently helped a business conduct a meeting with their employees. As the meeting started, I tried to understand the participants and their positions in the company. After writing their names and job descriptions on the board, I asked: “What would happen if you didn’t do your job?” This intriguing…

Don’t wait until your business is in pain to find a cure

Prioritize your problems, identify all the best possible solutions to the most important issue and decide how to implement them

Don’t wait until your business is in pain to find a cure“Gross!” my kids yelled as I showed them the big lump of yellow wax that I had just picked out of the sink. To me, this lump of “gross” wax was a relief. A few days earlier, I had barely survived a flight from Rome to Dublin without screaming in pain. My ear was plugged and…

Agri-food supercluster could super-charge Canada’s economy

Nine groups await word from Ottawa on which gets to tap the $950-million supercluster innovation fund

Agri-food supercluster could super-charge Canada’s economyThe supercluster effect is one of the intriguing outcomes of dangling dollars in front of sectors hungry for innovation investment. Nine groups await word from the federal government on which gets to tap the $950-million supercluster innovation coffer. Ottawa established the fund last year to help reshape the Canadian economy and set it up for future…

Playing the game of business to win

Do you come to work to just put in time or are you trying to achieve a goal? You need a clear vision, a simple approach, lots of communication and determination

Playing the game of business to winAl Erricson was my basketball coach in 1982 – he’s learned a lot about coaching since then. If only Al knew then what he knows now, we might have won a game or two. What Al knows, and every business owner and manager should know, is that being successful is not all about skills. It…

Name your year, put new focus on your goals and achievements

We only have a limited number of years in our lives and breaking them down into time frames of intention could make all the difference

Name your year, put new focus on your goals and achievementsI was invited to speak at a conference last January where the hosts encouraged the attendees to “Name their year.” I’d never thought of doing this before and was interested in how people would go about picking the name of the year. As I sat around a table and listened to the conversation, I was…

7 quick and easy SEO tips for small businesses

These seven easy SEO tips can have a great impact on your website

7 quick and easy SEO tips for small businessesIf you are running a small business, SEO can seem complex. Primarily driven by Google, SEO best practices are always changing, which can make tackling them on your own seem even more difficult. Here are seven easy SEO tips that can have a great impact on your website and which any small business owner can…

New Year’s resolutions that will boost your business

In the gig economy, more and more of us will be out on our own. That means we need to hone new skills to help our enterprises succeed

New Year’s resolutions that will boost your businessAs 2017 morphs into 2018, more than numbers on the calendar are changing. Technology, communications, media, weather – even the way we work and earn our livings – aren’t what they used to be. It used to be jobs, jobs, jobs. That’s what we wanted for ourselves, our partners, our kids; it's what politicians promised…
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