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Energy consultants have been helping companies reduce operator error, identifying energy wasting systems and proposing energy efficient retrofits for a while now. But what is new is the next generation of energy efficiency companies who are using super smart meters and big data to identify, measure and wrestle energy sucking systems to submission.
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My prediction is that, in the next two to three years, and with the right kinds of risk-taking and mentorship we can increase the culture of growth here in Vancouver. With investment in more Growth Hackers and Data Scientists in Vancouver and we will start to see more billion-dollar companies emerge.
Transferring day-to-day responsibilities for voice and data management to an outside vendor is an immense load off the staff of any growing company. It means not having to worry about hardware and software issues, as well as ongoing technical support, remote monitoring, troubleshooting, repairs and ongoing upgrades.
The Uber / Lyft / Sidecar battle seems to be an increasingly prevalent theme where startups are focused more on fighting each other than responding to countermoves from traditional players. With statistics showing that the San Francisco taxi industry is steadily collapsing, it is no wonder that Uber is more focused on retaining market share against other startup competitors.
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The rules are changing in today's globalized, hyper-competitive economy and startups are attempting to keep up by maintaining their innovative edge. No longer can any established or traditional company afford to enter a period of ossification. Indeed, ossification in today's economy means death rather than stability.
When I started my new job with Freelancer.com, I was researching where and who to reach out to in Canada and I quickly realized the force that is the Ottawa start up scene. Sure it's the capital and that should be an obvious choice however I found something truly unique. The startup community is very creative and keen plus they are very adept at getting the government to pay attention.
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Since I was a little, I knew what I wanted to be: a journalist. My career aspirations helped define my personality and helped shape my world view. It influenced where I went to school, what I majored in, and who I hung out with -- until suddenly, one day, those aspirations changed.
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For the first time since Yelp became a publicly traded company, it reported a profit (Q2 of 2014). Today, its valuation sits around $5 billion, and boasts a monthly average of 138 million unique visitors. And while Yelp faces competition from some pretty heavy hitters -- Google, for one -- the future of the company looks promising.
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Like many of the 20- and 30-somethings in the Waterloo, Ont. region, Andrew Finkle dedicates his days and nights to the dream of transforming his tech startup into a successful and sustainable busines...
Ever felt like an army of one in your business? I get it. It is both tremendously powerful food for my ego and poisonous for my mental health. Today I share three ways to combat LES (lonesome entrepreneur syndrome) and win the battle of entrepreneurial solitary confinement.
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Across the Fortune 500 companies and throughout cities worldwide, women appear to hold the short end of the stick. Women are considerably underrepresented as CEOs, officers, and directors in the corporate world. Since women occupy nearly half the total work force in the United States, what is the reasoning behind these inexplicable labour statistics?
In answering hundreds of questions from entrepreneurs over the past month, I have heard the number one call for help to be "I need a mentor." Here are the top five things you need to ask yourself before you go looking for a mentor.
Many of the most successful companies on the planet are start-ups that didn't even exist a few years ago, or sometimes just a few months ago. How do they get so successful? Partly through inspiration...
With startups and innovation the hot trends in the corporate world at the moment, it is no wonder that numerous corporations are opening incubators to capture startup and innovation momentum. The incr...
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The following is a list of the critical first steps SMBs should take to prepare and get through tax season.
A new Intuit survey found that 53 per cent of new businesses in Canada -- those in operation less than three years -- are run by part-time entrepreneurs. If you are one of these part-time start-ups, you're living your entrepreneurial dream on the side.
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Coworking spaces are emerging as the new work environment of choice. Today, shared spaces around the world are bringing increased levels of happiness, productivity and collaboration to their members, and at a price far more affordable than the alternative. So here they are, five reasons to close the door on private offices.
In an election year, anything goes: While Waterloo Region council convenes on March 4 to vote on a $550-million contract for the work and materials for the project (which has technically already started), the first candidate to file his nomination papers for October's Waterloo mayoral contest has decided to run on an anti-LRT platform... and he's finding supporters.
There's a ton of information out there for anyone looking to create a traditional scalable business. And there's no shortage of incubators for tech startups in search of money and mentorship. But what about artists who are going solo and getting paid for their art?
All Canadians have a stake in reducing franchisees' drastic losses in startup brands. Franchising is an integral part of Canada's economy, particularly the retail sector. Canadian franchisee investors and consumers are drawn to franchise brands based on their potential to offer proven business systems, consistency and recognized goodwill.
Much as I like the intertwining of inspiring stories, witty repartee, and gong show ideas -- I don't watch 'Dragons' Den' or its American equivalent 'Shark Tank.' These shows, in my opinion, are misleading a generation of entrepreneurs into believing that the end game is a financing, not a business.
For most of us, the idea of a two-hour commute, twice daily, is nuts. But both Rodgers and Samuell have their reasons for taking on that heroic morning haul: They love where they work and they love where they play.
You, me, all of us -- we're constantly selling. But here's the kicker and where my seeming naiveté may receive some vindication. Beyond selling products, services, and ideas, you and I are really selling one thing and one thing only: ourselves.
Today's economy offers the dreamer many opportunities but without following through, no dream can be turned into reality. Entrepreneurs must be consistent and focused in their actions and their resolve no matter what the cost.
There are many acquisitions that have raised eyebrows or resulted in a general state of confusion among observers, both within and outside of the tech industry. Sometimes, acquisitions are made that don't seem to make any sense, at least not on the surface. Below are three such acquisitions made by tech companies this year and some educated speculation as to why they might have occurred.
Not enough young people believe they can change the world on a global scale. The problem is a mindset problem, and one I believe is more dire than some might think. Too many young entrepreneurs think they're rock stars by launching another social network, or naming themselves the CEO of the world's 498th messaging app. Honestly, they're probably wasting their time.
Within our team we spend a lot of time talking about the concept of the 'willing innovator'. At a time where practically every industry needs software, it helps us think about the people we want to partner with -- those who align with our culture and view of the world. To us, this isn't necessarily about having been innovative in the past.
In 2013 the Canada Cup lost $20,000. Major financial hits aren't limited to large events and festivals. Even the little guys take on an unreasonable amount of risk when organizing an event. High promotional and ticketing fees, and lump sum deposits for venues make it nearly impossible to try a new idea without taking on a huge financial risk.
I sought to find my inner force through Institute B's second Changemakers workshop on "Authentic Leadership". Institute B is a Vancouver-based startup accelerator that provides guidance, funding and education to local entrepreneurs and their nascent companies. Institute B focuses on helping socially-conscious companies and people whom do not sacrifice making the world better for profit.
Answering "how is the world left better because of me" guides people from abstract goals and mindsets to deciding what behaviours are necessary every day. Focusing on the emotional response to these questions is the foundation for a business's culture and brand. In just two hours with Institute B, I learn more about myself, personally and professionally, than I do in most of the business workshops I attended this year combined. Now that's good for business.
There is a clear difference between successful entrepreneurs and those that struggle. Successful entrepreneurs focus almost exclusively on efforts that will make the biggest impact on their business. Considering most entrepreneurs have new ideas popping into their heads constantly throughout the day, maintaining laser-like focus is harder than it sounds.
I got involved with Startup Weekend four years ago because I firmly believe that entrepreneurship is the most powerful way to build a strong, sustainable, innovation-based economy. Having seen Startup Weekend grow and flourish in Toronto over the last four years, I have no doubt that we will see a game changing education project come out of this local entrepreneurial community.