There’s a highly important, but rarely talked about, facet of entrepreneurship: the entrepreneurial breaking point (EBP). A paper written by Katerina Gonzalez and Christoph Winkler titled, “The entrepreneurial breaking point: undergoing moments of crisis,” defines the entrepreneurial breaking point (EBP) as “a potentially insurmountable moment …
Getting Comfortable with Chaos
I believe the number one thing holding entrepreneurs back today is their fear of chaos. Uncertainty. And all the unknowns and scheduling conflicts it brings. Christopher Alexander explains the modern, unhealthy fear of chaos in his book, “The Timeless Way of Building,” “. . .we …
The Ability to Anticipate is a Super Power
Sentiment — despite its subjective and often ephemeral nature — drives the world. From personal relationships to the global economy, no part of life is untouched by sentiment. For businesses, consumer sentiment is a deciding factor in how they operate; do they invest in new …
Struggling With Working from Home?
One of the sectors I’m bearish on for the long-term is commercial real estate. The pandemic has shown many companies, from startups to multinationals, that having employees work from home is not so bad. For starters, it’s cost-efficient — which means it is better for …
Olympic Athletes and Venture Capital
Unless you plan to start a business that is profitable right out of the gates and won’t need venture capital, then from the hop gear up for a financing. Every startup should be built to fill a need/want in society with its development timeline planned around …
Panic or Opportunity?
Panic is highly contagious, more so than any virus or disease. And, in many instances, it’s much more dangerous if you’re infected by it. With so much uncertainty and negativity in the world, led by a rise in the scarcity mindset developed during the COVID-19 …
Many Startup Entrepreneurs Lack Social IQ
I’ve met with many brilliant entrepreneurs that failed because they lost their social IQ. Put another way; they lost awareness – which is what gives entrepreneurs vision. How others perceived these talented startup entrepreneurs, and how well they listened to their audience, became an afterthought …
Businesses That Stand the Test of Time
Calgary (a beautiful place not far from Canada’s wild Rocky Mountains – you should visit, it is impressive), is in the midst of transformation. An oil city for the last hundred years or so, Calgary is aggressively trying to diversify, while remaining proud of its …
Why Money Can’t Be Your Barometer for Success
It’s funny how experience and age change context… Remember when we were 23, fresh out of college, feeling enlightened, and loaded with an opinion on just about everything? How silly we were. We didn’t know shit about the real world, but you’d better not have …
Tenant Upward Mobility and Real Estate Investing
One of the more critical components to achieving the highest level of return on investment from a rental property is avoiding high tenant turnover. Every time a tenant moves out of your investment property, you, the landlord, have to put money back into the place. …