The first Rocking the Daisies festival left its founders more than R400 000 in debt. Craig Bright and Brian Little decided to keep going anyway. It took four years to settle that debt, but they knew they were breaking into an industry notorious for low margins and even losses. When Brian and Craig first decided […]
Archive | Doing Business in Canada
How to Turn a Passion Project Into a National Business
What started out as a batch of greeting cards on Etsy is now a stationery brand available at Michael’s craft stores across the U.S. The characters featured in Cynthia Koo’s Wonton In A Million product line, which are based on dim sum foods like shu mai and dumplings, have attracted an enthusiastic fanbase. Koo’s mission […]
5 Ways to Start a Business with Cheap or Free Money
You’ve got the next billion-dollar idea. Or million dollar, or whatever it is. The point is it’s good, and you want to prove its value. This is the stage where most startups die — which is to say before they even get started. Because the most daunting obstacle to seeding the next big idea is […]
Small Business Vs. Big Business: Past, Present And Future
It isn’t easy running a small business — I know this from experience. There are countless hurdles to overcome from the very beginning, and it can take a great deal of time and effort before your startup starts to see any success. But why is this the case, and can we do anything to fix […]
3 metrics small businesses should track to measure SEO success
Small business owners increasingly understand that website success depends on developing and implementing an SEO strategy. More than one-third (36%) of small businesses already have an SEO strategy, and an additional 23% plan to develop one in 2019, according to a recent Clutch survey. While many small business owners understand they need an SEO strategy, […]
6 Ways to Launch a Business
1. Target influencers. “After years designing graphic tees for large retailers, I decided to strike out on my own. I produced a small run of shirts and proposed a trade with local fashion bloggers: If they’d serve as the models for my T-shirt website, I’d provide my professional photography services to their blogs for free. […]
Entrepreneur Zak Folkman On Why It’s Essential To Surround Yourself With The Right People
Ask any successful person and the majority of them will attribute at least some, if not all of their success to the people who helped them along the way. For one entrepreneur, Zak Folkman, a key lesson would stick with him to this day. “Proximity is power. If you can get proximity with people that […]
Being An Entrepreneur Can Be Stressful: Here Are 5 Pieces of Advice On How To Remain Calm & Come Out Successful
Everywhere you look, people are extolling the values of hustling, grinding, and burning the candle from both ends. If you just put in the work, the story goes, you’re going to be riding in exotic cars and rolling in money. Well not so fast. The reality is that entrepreneurship is an emotional roller coaster. It […]
Three Tips For Valuing Your Time As An Entrepreneur
As an entrepreneur, it can often feel like there aren’t enough hours in the day. To make the most of your working hours, maximize your earning potential and keep your sanity, you must treat your time as your most precious resource. When I first started my entrepreneurial journey, I struggled with being in charge of […]
The 5 Biggest Bottlenecks That Will Keep Your Startup From Growing
Adidas is one of the biggest brands in the world, but even this giant isn’t immune to growing pains. The company announced in March that it expected a sales slowdown during the first half of 2019 because its Asia-based suppliers had been lagging behind demand. This supply chain issue was a particular blow because Adidas […]