A summer business read that could change your life

How much more could you achieve in business and life if you just focused on doing fewer things?

A summer business read that could change your lifeI love to read. Ever since I was a young boy, learning to read in the arms of my parents, I have enjoyed the written word. I’m amazed at how the crafted phrase can capture my imagination and open my mind to worlds and ideas I’ve never explored or considered. I read for pleasure, entertainment…

Canadian small business owners missing out on online opportunities

Canadian small business owners missing out on online opportunitiesA study released on Tuesday by the Business Development Bank of Canada (BDC) clearly highlights the importance for entrepreneurs having an online presence. Such a presence leads to higher revenues, direct communication with customers and easier access to global markets. But the study finds that only four out of 10 Canadian small and medium-size businesses…

Lack of leadership structure leads to frustration and failure

In some organizations, teams and businesses, there’s no established chain of leadership. That leads to confusion

Lack of leadership structure leads to frustration and failureI experienced something about leadership recently that I had known for a long time but suddenly understood differently. I’m the assistant coach of a sports team. Our team lost its first two games last weekend against teams it could have beaten. As coaches, we were frustrated because our players weren’t playing to their potential. The…

Business traumatic stress disorder is real and devastating

Business leaders are often under extraordinary stress and they need support and counselling

Business traumatic stress disorder is real and devastatingOver the years, I’ve worked with a number of business leaders who have had breakdowns from the stress of owning or running a business or organization. The symptoms they’ve exhibited are very similar to post-traumatic stress disorder (PTSD). However, it’s very unlikely that a psychiatrist or psychologist would give them a diagnosis of PTSD. PTSD…

Innovation is a lot like life, with all its ups and downs

Despite government hyperbole, small businesses know that innovation is difficult, costly and sometimes reveals unfortunate truths

Innovation is a lot like life, with all its ups and downsA handy term that invokes sweet dreams of big scores for small businesses everywhere is ‘innovation.’ Government officials, burdened with the otherwise boring work of economic development, are obsessed with it. Its mere mention, they think, virtually guarantees a contact high. Hey folks, their websites screech, roll up and read all about our “Superclusters Initiative,”…

Canadian business owners feel depressed at least once a week: study

500 entrepreneurs surveyed

Canadian business owners feel depressed at least once a week: studyBeing a business owner isn’t easy at the best of times but it’s especially difficult these days. That’s evident in a new study released on Tuesday by the Canadian Mental Health Association (CMHA), supported by BDC (Business Development Bank of Canada). The study, Going it Alone: The mental health and well-being of Canada’s entrepreneurs, found that…

Three things business leaders could learn from Donald Trump

Take some time off for pleasure, don't hesitate when you need to fire someone and above all, play to win

Three things business leaders could learn from Donald TrumpFew politicians in recent history have polarized people the way Donald Trump has. Chances are you either love him or hate him. But whatever you think of him, there’s probably something you could learn from the American president. So what’s Trump doing that most business leaders could learn from? Let’s start with the obvious and…

How to put your inner workaholic to rest

National Workaholics Day is no reason for celebration. By working smarter, you could work less – and have more time for family, friends and fun.

How to put your inner workaholic to restJuly 5 is National Workaholics Day. But is this something we should really be celebrating? According to Forbes, the average Frenchman works 18 hours a week; the average Italian about 16.5 and the British work 21.5. But in North America, our idea of full employment is a standard 40-hour week. And in some locales, that…

Doing little things right in business leads to something bigger

Sometimes leaders get so caught up in the struggles of their enterprises that they don’t realize the impact they’re having

Doing little things right in business leads to something biggerWe were going 64 km/h in a 50 zone on our way to bury Larry when we got pulled over. When the police officer asked the reason why we were going so fast, we told him we were on our way to Larry’s funeral. As he marched back to his car with my wife’s licence…

CFIB puts federal election issues on the table

‘Governments haven't always done a great job of understanding the reality of running a small business’

CFIB puts federal election issues on the tableThe Canadian Federation of Independent Business released its Federal Small Business Platform on Wednesday, outlining issues that matter to the group as the nation heads to a federal election in October. “Small businesses employ more than half of Canada's private sector workers and account for 52 per cent of the business-sector GDP,” said CFIB president…
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