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Keyvan

Great managers – the value of time in the field

Terry Thompson, Surrey, BC, CYBF Mentor, tthompson15@verizon.net Time in the field usually involves spending time (where appropriate) with: Employees located outside your office (e.g. other branches); Clients; Suppliers; and Employees located within your office. Not all of the above apply to every company (e.g. small, one office companies), or positions (management vs. non-management positions). This […]

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British Columbia returns to PST April 1, 2013

For all of our young entrepreneurs in British Columbia, please be reminded that most businesses in B.C. should have already registered for the upcoming return of the provincial sales tax (PST), due to the replacement of the harmonized sales tax (HST) in the province on April 1, 2013. The PST taxation rate will be seven […]

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Great managers – how to maximize the effectiveness of training

Training is often one of the actions needed to improve a person’s self-sufficiency. Training programs are usually either offered internally by the company or externally by third party sources.

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How to sleep better when doing your taxes

Dominik Loncar, CYBF Entrepreneur-in-Residence, dloncar@cybf.ca Here’s a scenario that I’ve seen happen with first time entrepreneurs: An entrepreneur pools all the money s/he received from sales into one account and just takes what they need. By tax time they realize they don’t have much in their bank account and are shocked to see what they […]

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Monday Morning Resource

Why your accountant shouldn’t know your business financials better than you Rose-Marie Almond, Toronto, ON, CYBF volunteer Accountants are fantastic people. They take the worry out of business finances for most new entrepreneurs, and that’s a good thing; but they should never be used as a direct substitute for basic financial literacy. Here are just […]

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Spend within your means

Ellis Orlan, BA, CPA (IL), CGMA, SF Partnership LLP, Toronto, ON, CYBF Mentor, eorlan@sfgroup.ca My father knew the value of a dollar and how to instill principles of prudent financial management in me. He would go on at length about “spending within your means” and saving for capital expenditures versus borrowing. I think my dad knew […]

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Looking for answers? CYBF’s Entrepeer Hub offers the support you need

Whether you’re a small business owner with years of experience, or still working on developing your first business plan, we have the network support you need to help answer your business-related questions. The CYBF community is made up of CYBF entrepreneurs, mentors, staff, community partners, expert advisors, Local Review Committee members and others in the […]

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Why you should care about financial literacy

Entrepreneurs are usually characterized as creative, independent, innovative and hard-working but how many entrepreneurs are financially literate?

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Great managers – understanding emotional intelligence

Terry Thompson, Surrey, BC, CYBF Mentor, tthompson15@verizon.net The term emotional intelligence (often referred to as EQ), is being used more often these days. I would recommend any manager or supervisor read the book Primal Leadership by Daniel Goleman. EQ is now more science than theory, as outlined in the research results within this book. For […]

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Business pitching 101

Hillery Taylor founded Nest Family Centre in Winnipeg, Manitoba in 2011. As the only family centre created by an experienced health professional (Hillery is an RN), her goal is to provide knowledge and support to all expectant and young families. Hillery had this advice about business pitching: Know your business inside and out. Understanding your […]

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Three critical things about investors

Rose-Marie Almond, Toronto, ON, CYBF volunteer A few weeks ago a friend invited me and another friend to dinner to discuss his idea for a new product. He wanted to use my product design skills and our other friends’ electronics skills to form a three-person business partnership. We left the meeting without a partnership, and […]

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(Français) La présentation éclair en six points

Sorry, this entry is only available in Français.

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Great managers – how to conduct effective performance assessments

Terry Thompson, Surrey, BC, CYBF Mentor, tthompson15@verizon.net In continuation with my prior article (about preparing for a performance assessment), let’s delve into what the objectives are of an assessment; how it should be conducted; and the frequency. There are many ways to approach performance assessments, but the following is what worked best for me: 1. […]

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Honing your elevator pitch (dos and don’ts)

Karen Milde, Reframe Marketing, Vancouver, BC, CYBF Mentor Do target. You need to know your listeners so you can customize your elevator pitches to make them impressive. Deliver important information that matters to the person you’re pitching to. Do market yourself instead of the company. Rather than offering a bunch of ideas, or talking about […]

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Six essentials in pitching on the Dragons’ Den

Dominik Loncar, CYBF Entrepreneur-in-Residence, dloncar@cybf.ca Here are some essential tips to keep in mind if you‘d like to pitch on the Dragons’ Den: Have a clear, compelling opening. Practice your presentation in order to clearly communicate what you do in 30 seconds. Practice on strangers. Do they understand your pitch? Give them layers. There needs […]

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The question in the sell

Shaun Whynacht, Blue Cow Creative Design & Production Ltd., Coldbrook, NS, info@bluecowcreative.ca “Selling” your business is a fine art. It’s a skill set that many people struggle with (including me). When we are passionate about the work that we do, we have a tendency to talk and talk and talk when selling our business. What […]

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Global Entrepreneurship Congress 2013 in Brazil

As Canada’s Host of Global Entrepreneurship Week in Canada, happening this year from November 18-24, we invite you to join us at the event that sets the stage for Global Entrepreneurship Week and builds international connections for Canadian entrepreneurs: the 2013 Global Entrepreneurship Congress (GEC), being held in the beautiful heart of Rio de Janeiro, […]

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Flexing your entrepreneurial muscle

Dominik Loncar, CYBF Entrepreneur-in-Residence, dloncar@cybf.ca One of the greatest myths about start-up businesses (also perpetuated by the media), is that all you need is a great idea; one great leap forward and you will land in heaps of money. Actually the opposite is true.  It takes small acts of day-to-day courage, built over time, to […]

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Great managers – how to maximize subordinate self-sufficiency

Terry Thompson, Surrey, BC, CYBF Mentor, tthompson15@verizon.net In a prior article I listed the ten activities that I feel, if performed properly, have the most significant impact on the quality of a manager’s performance. The first (and by far the most important) activity is effectively recruiting and screening quality candidates for positions in the manager’s […]

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Defining your success

Karen Milde, Reframe Marketing, Vancouver, BC, CYBF Mentor Success means different things to different people, which is why it is important for you to define success for yourself, such that you are not continually comparing yourself to others. Common definitions of success are wealth and reputation, but sometimes even after achieving those things, people feel […]

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Success involves true customer engagement and follow-up

Lisa Donaldson co-founded Fiddleheads Kids Shop Inc. in 2010 as a way to provide her community with a new kind of lifestyle store for kids ages 0-4. Based in Dartmouth, Nova Scotia, Fiddleheads brings together awesome gifts, gear and accessories, in-store tutorials and workshops to help make parenting a little easier. Here is Lisa’s advice […]

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How does one define success?

Success means different things to different people.

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Since you’re mobile, now we are too

CYBF is proud to announce the launch of our mobile site! Our growing network of entrepreneurs, mentors, partners and volunteers is always on-the-go and as the smartphone market continues to expand (without signs of slowing down), it is extremely important to ensure that mobile users are served content that is properly formatted for mobile devices. […]

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(Français) Les citrons de Nicolas G. Hayek

Sorry, this entry is only available in Français.

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How do you measure success?

Rose-Marie Almond, Toronto, ON, CYBF volunteer Every entrepreneur defines success slightly differently; but whether you look at it in monetary terms, social improvements or another way, success is almost always measurable. So how do you measure success? Define what success is to you. This means setting some goals. This might be a scribbled list stuck […]

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Top ten accounting tips for entrepreneurs

As an entrepreneur, it is important to understand the role of accounting in business. Start-ups and small businesses regard accounting as a necessary evil. Accounting tasks are seldom given the priority they deserve and, therefore, businesses neglect to allocate adequate resources. Successful entrepreneurs understand that accounting is absolutely essential to their business. Sound accounting practices […]

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PR tips for entrepreneurs

Hill+Knowlton Strategies’ Mary Keating and Monta Johnson visited the MaRS Discovery District for a presentation on PR tips for startups and entrepreneurs. Their presentation aimed to help new entrepreneurs understand: – how to tell their companies’ stories – what appeals to the media – what tools and tactics they can use to do PR themselves […]

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Four ways to reduce stress and increase bottom line

The end of the year tends to bring on feelings of nostalgia and reflection in all areas of life. People make personal resolutions to lose weight and set professional goals meant to ultimately improve quality of life. Sole proprietors and small business owners often sit down with a  calculator and crunch numbers to find ways […]

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Mentor Rock Star John Stevenson

As part of the Canadian Mentorship Challenge, hosted in partnership with Startup Canada and CATAAlliance, a callout was made to the national community to nominate Canadian Mentor Rock Stars — the local leaders and passionate individuals who inspire others in their communities. We’re pleased to showcase one of two CYBF mentors who made the Top […]

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Conscious giving

Tal Dehtiar founded Oliberté Limited in 2009 on the idea that business as usual can, and should, positively benefit society. Oliberté creates premium footwear for a fashion-forward, primarily North American, crowd. They source their leather and rubber across Africa and manufacture in Ethiopia while supporting sustainable development in Africa instead of reliance on aid. For […]

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Social purpose and the changing business model

Dominik Loncar, CYBF Entrepreneur-in-Residence, dloncar@cybf.ca Social purpose businesses are on the rise and are generating interest for start-ups. Generally they require more thought, planning and execution but offer a high degree of fulfillment. Twenty One Toys is a great example of such a business and one of the recipients of the Spin Master Innovation Fund. […]

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Celebrating shared successes

In the last issue of Entrepeer Vibe for the 2012 season, we wish to thank all CYBF entrepreneurs, mentors, partners and friends for making this a fantastic year for Canadian entrepreneurship. We are incredibly proud of the young and emerging entrepreneurs we support and their outstanding accomplishments – whether it be for winning awards or […]

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(Français) Vous cherchez un investissement miracle? Essayez le bénévolat!

Sorry, this entry is only available in Français.

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The strategy of giving back

Sidney Halpern, Chartered Accountant, Winnipeg, MB, CYBF Mentor The most important goal of a successful business and one seldom, if ever, acknowledged in a business plan is the strategy of giving back to our community, our city and our country. Here are some ways to give back: Physical assets – although this may be the […]

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Alternative ways to give back other than monetarily

Christiana Mbazigwe, Duric Business Solutions, Toronto, ON, CYBF Mentor Non-profits are a type of business organization without profit motivation, unlike the traditional business organizations that are profit oriented. Non-profit organizations include charities, foundations, and other Non-Governmental Organizations (NGOs) which are established to provide humanitarian services, programs and other forms of support to people and organizations […]

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Incentives to philanthropic activity

Ellis Orlan, BA, CPA (IL), CGMA, SF Partnership LLP, Toronto, ON, CYBF Mentor, eorlan@sfgroup.ca What is it about giving of time or money to charity that appeals to some and not to others? Why are some people so over the top in terms of their charitable endeavors while others are like Ebenezer Scrooge? Well, in my […]

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Giving is a way of saying thank you!

Karen Milde, Reframe Marketing, Vancouver, BC, CYBF Mentor We live in a very capitalist society these days such that it’s nice to see more philanthropy, volunteer work, and non-profit focused associations these days popping up to help make a difference in the world. What’s even more exciting is to now see small and large corporations […]

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Fundamental shifts with the business model

Dominik Loncar, CYBF Entrepreneur-in-Residence, dloncar@cybf.ca We Want Cinema, a start-up from the Netherlands that provides an online platform that allows moviegoers to decide what films are shown in the theater, took top honors at the Creative Business Cup in Copenhagen, Denmark. A featured activity of Global Entrepreneurship Week, the competition provided finalists from 17 countries […]

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Free online resources unveiled to help entrepreneurs build blueprint for success

Today CYBF launched a dynamic new online Business Resource Centre to support young entrepreneurs and the mentors who help them along the way. Available at no cost, the Business Resource Centre can be accessed at cybf.ca/resources. The new Business Resource Centre features specialized multimedia tools such as webinars, ‘how-to’ educational videos and articles that provide […]

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Social entrepreneurship is a business

Dominik Loncar, CYBF Entrepreneur-in-Residence, dloncar@cybf.ca Social entrepreneurship is on the rise and it involves enterprises that want to have an impact on the social betterment of society. However, one misconception is that because you choose to follow in this path that you don’t have to worry about revenue. All organizations (businesses, non-profits and government agencies) […]

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When less is more in technology

Ellis Orlan, BA, CPA (IL), CGMA, SF Partnership LLP, Toronto, ON, CYBF Mentor, eorlan@sfgroup.ca Information overload is a concept that has been plaguing the technologically advanced business community since the proliferation of the internet.  In 1996, a Reuters study first presented the details of a rising medical phenomenon known as ‘Information Fatigue Syndrome,’ in a ground […]

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Advice for building something great

In late 2009, Mischa Steiner-Jovic founded Awesense Wireless Inc. in Vancouver, British Columbia, with the vision of increasing energy efficiency in electrical grids. The company is dedicated to providing utilities with intuitive, affordable tools to reduce all types of power losses from overloading to fraud and everything in between. Today Awesense provides systems to utility […]

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(Français) Empruntez à vos voisins plutôt qu’à la banque

Sorry, this entry is only available in Français.

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Setting up an IT network and website efficiently

Abe Milde, CTO and Co-Founder, Reframe Marketing, Vancouver, BC Setting up an IT network and website is all about doing things right from the start, meaning getting a professional’s input if you are unsure about something. I have come across numerous times where business owners tell me that they do not need any help with […]

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How Ottawa is celebrating GEW Canada

Invest Ottawa With more than fifty-five events, engaging more than 2,500 entrepreneurs across the National Capital Region, Ottawa – the ‘little city that could’ – strives to top the Canadian charts for GEW Canada activity and hit the top three in the world. We are showing Canada that we are more than just a government […]

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(Français) Un site internet pour les entrepreneurs

Sorry, this entry is only available in Français.

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How to start a small business in a few hours

Jeff Haden, Owners’ Manual, Inc.com Starting a business is surprisingly simple–you just need to take the first step. Here’s how to get through the administrative hurdles faster than you think. Keep in mind, I’m only talking about setting yourself up to do business: I’m not talking about writing a business plan, sourcing financing, developing a […]

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Career-enhancing perks of entrepreneurship

Dominik Loncar, CYBF Entrepreneur-in-Residence, dloncar@cybf.ca Developing entrepreneurial skills not only makes good economic sense but helps your career.   Regardless of the outcome of a business, being an entrepreneur allows for transferable skills in whatever you choose to do in life. In honour of Global Entrepreneurship Week (GEW) Canada (November 12-18, 2012) I have listed transferable […]

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How the Réseau des carrefours jeunesse-emploi du Québec is celebrating GEW Canada

Réseau des carrefours jeunesse-emploi du Québec, kkorakakis@rcjeq.org We are celebrating GEW Canada because we want to get entrepreneurial and participate in this global initiative that highlights entrepreneurship around the world. The South west borough of Montreal is gearing up to highlight women entrepreneurs, in an event entitled Glambition. Taking place during Global Entrepreneurship Week Canada, […]

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How to be an effective decision-maker

Hillary Rettig, Author, Workshop Leader and Productivity Coach Find out what the defining characteristics of an effective decision maker are, and how to stop over-thinking when making decisions. Hint: if you have a mentor, you’re on the right track. Read the full article here. *Please note that links to external websites/resources do not constitute product […]

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How the Conseil Économique du Haut-Richelieu is celebrating GEW Canada

Conseil Économique du Haut-Richelieu (CLD), info@haut-richelieu.qc.ca    We are  celebrating GEW Canada in order to promote entrepreneurship as a career and to encourage a large number of people to follow their passion and start their own business. Throughout the week, the Conseil Économique du Haut-Richelieu will present different activities, conferences and training sessions on topics […]

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Minister of State celebrates Global Entrepreneurship Week 2012

The Honourable Maxime Bernier, Minister of State (Small Business and Tourism), made this statement to mark the start of Global Entrepreneurship Week 2012.

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Prime Minister Stephen Harper encourages Canadians to participate in GEW

Prime Minister Stephen Harper today issued the following statement on Global Entrepreneurship Week, taking place from November 12-18:
Statement by the Prime Minister of Canada on Global Entrepreneurship Week

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Sixteen CYBF entrepreneurs selected as Rising Stars in Ottawa

CYBF congratulates the following entrepreneurs for their inclusion on Ottawa’s 100 Rising Stars list for 2012. Alia El Banna KIWI Choice, Inc. Amanda Lunan Auntie Loos Treats Amy Shannon Leclair Loving Paws & House Sitting Canada Incorporated Cory Chobanik Nonlinear Engineering Inc. Nathan Phillips Nonlinear Engineering Inc. Debbie Wert Sole to Soul Foot Care and […]

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The three worst mistakes you can make starting a business

Tap into Arlene Dickinson’s business expertise to learn about what she believes to be the three worst mistakes you can make when starting a business.

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Twitter as a market research tool

Dominik Loncar, CYBF Entrepreneur-in-Residence, dloncar@cybf.ca I recently attended an Entrepeer Experience event (where CYBF entrepreneurs, mentors and staff   enjoy face-to-face networking) and I met someone who said that he uses Twitter as a way of finding out who to connect with (he has an app that helps him with that). It occurred to me that […]

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Report on the future of start-ups

Dominik Loncar, CYBF Entrepreneur-in-Residence, dloncar@cybf.ca Developing jazz skills  Start-up owners are more educated. In the last twenty years the amount of entrepreneurs who have a university education has doubled (from 15 to 30 percent) states CIBC’s In Focus report on Start-ups. The exponential rise in technology, the intricacies of social media and the combination of […]

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Global Entrepreneurship Week Canada events are in full swing!

Although Global Entrepreneurship Week (GEW) officially runs from November 12-18, national and community events are taking place all month long. A full listing can be found on the Canada-specific pages on the international GEW website by viewing the GEW Canada Activities Listing. Remember to support GEW Canada and the global movement by spreading the word […]

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Advice for introducing new technology

Henry Dunfield, HD Energy Inc., Calgary, AB, CYBF Mentor My experience has been that bringing in some new technology for your office or organization can be much more awkward and difficult than most of us would ever think. The challenge seems to be in getting the whole organization to commit to using it. Often what […]

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Using technology to tear down barriers

TalentEgg, based in Toronto, Ontario, is a job board and online career resource for students and new graduates, providing them with access to meaningful student and entry level career opportunities. Employers use TalentEgg to attract, target and recruit Canada’s top student and new graduate talent. Founder Lauren Friese said, “A lot of what we were […]

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More than 100 free web-based tools for your business

Charles-A Pelletier, Enqeb (Entrepreneuriat québécois en bref), Montréal, Québec Many free tools are offered on the web to entrepreneurs; the only thing is that it takes time to get them, to hear about them or to find them by chance. I thought we should stop looking and instead bring together all the information in the […]

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To grow a business, you need to be ‘risk ready’

Katherine Scarrow, The Globe and Mail Marla Kott, CEO of Imprint Plus and keynote speaker at The Globe’s Small Business and Summit in Vancouver, shares her insights into when and how to take the calculated risks necessary to grow a business. Watch the video here. *Please note that links to external websites/resources do not constitute […]

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How to make a business mentoring relationship work

Martin Zwilling, Forbes contributor
This article outlines the role of entrepreneurs in the mentoring relationship and provides some key points on how to find and utilize the right mentor. Read the full article here.
*Please note that link…

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Great managers

Terry Thompson, Surrey, BC, CYBF Mentor, tesh@shaw.ca Managing Corporate Culture article series There are many ways that managers can spend their time. Below are the ten activities that I believe, if performed properly, have the biggest impact on the quality of a manager’s performance. Recruiting and screening quality candidates for positions within the manager’s team […]

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GameOn Leadership Coaching

In celebration of Global Entrepreneurship Week (GEW) Canada, President and Founder of GameOn Leadership, Ryan Coelho, will be conducting a mini-workshop for interested entrepreneurs in the CYBF community.

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The $5,000 question

Jeff Cates, Managing Director, Intuit Canada Question: What does it cost to start a business? Answer: With the drive to succeed, an entrepreneur can start a successful business with less than $5,000. Develop funding That’s the key conclusion from a new study, “The $5,000 Question,” from Intuit Canada. The study found that the majority (58 […]

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Use online tips and networking, and reach out for help when you need it

Using social media might seem daunting, but small businesses can learn how from online resources and Meetup groups. And for an extra hand, or if it’s all so overwhelming, get help. Featuring CYBF young entrepreneurs Kyla Ray and Michelle Miazga, founders of Port + Quarter Interior Spaces.

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YOU Innovate Canada tournament public voting open!

This fall, tournament participants used an everyday household object at the centre of this tournament – an egg carton – to create new value. They then submitted a brief video about their innovation. Now they have the chance to win cash and a trip to Rio de Janeiro, Brazil! Check out the videos submitted by […]

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Intellectual property for business

Getting IP rights in the form of patents, trademarks, copyrights, industrial designs, integrated circuit topographies or plant breeders can be a long, exhaustive, and expensive process for a small-medium sized business. Thus, a careful cost/benefit analysis should be done prior to proceeding with this type of registration.

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Managing risks is vital for every business

Based in Winnipeg, Manitoba, founders of Advolve Media Inc. – Kris Luinenburg and Bryce North – had the following advice on managing risk for other entrepreneurs

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