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With kids exposed to technology earlier and earlier, and more children showing an interest in science, technology, engineering and math (STEM) subjects, it's likely that your own child could someday become a tech entrepreneur.
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On November 15 and 16, the Prime Minister of Canada Justin Trudeau will be part of the G20 Leaders' Summit in Antalya, Turkey. G20 leaders will surely discuss urgent issues such the migrant crisis, the conflict in Syria and climate change. There is another crisis that isn't receiving much media attention: It is global youth unemployment.
The statistics are alarming. Nine out of 10 start-ups die at five years. I know the challenges personally because I'm on my eighth start-up now. From selling one of my successful ventures to Arlene Dickinson of the Dragon's Den, to some not so fruitful ventures, I have had my share of wins and losses.
True success of an entrepreneur comes not from their ideas, but from their inner mindset and character traits. It takes a certain type of leader to endure startup life and persevere past the hurdles that will inevitable lay ahead in their efforts to inspire disruption or bring a new innovation to life.
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Young entrepreneurs must be encouraged they can do anything that they set their minds to. Be it selling paintings or developing innovative technological products. The only way we can light a fire in our kids is by fostering a spark of entrepreneurship.
While we cannot make up for the experiences we lack, we can certainly draw from the knowledge of those who have lived before us. Regardless of your age or the stage you are in your life, I believe mentorship is an invaluable tool. There is a reason why maps were created. Imagine a road trip without the aid of a map?
Tech entrepreneurs might as well be martians when compared to those working in other business cultures. And a recent conference in Calgary illustrated the differences. They believe in collaboration, transparency, generosity, egalitarianism, diversity, social causes, eccentricity and in having fun.
Michael Silva is a confident 24-year-old whose ambition led him to start BudgetParking Inc., a parking enforcement business that brings in more than $100,000 a year. Most of his contemporaries have to...
Calgary-based DIRTT Environmental Solutions will share their insights on how you can turn "good" business practices into a competitive advantage. DIRTT has been lauded as a "Rockstar of the New Economy" by Fast Co. for its ability to achieve high growth and high social and environmental impact.