EQ Journal

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IOE, Institute of Entrepreneurs

IOE5100, Advanced Business Models Exploriem.org’s Institute of Entrepreneurs presents IOE5100, Advanced Business Models for Entrepreneurs, Intrapreneurs and Artpreneurs, an MBA level course (For available dates and times as well as more information, please contact: Ms. Theresia Scholtes, tscholtes @ exploriem.org or @tclsholtes) Come study with Prof Bruce, a leader in designing and building business models [...]

Institute of Entrepreneurs

Introduction Exploriem.org is launching the Institute of Entrepreneurs (IOE) this year. Why? To bring advanced research, education and mentoring to student entrepreneurs and intrapreneurs from self-capitalized and forward-looking enterprises across Canada and around the world. IOE provides access to research, education and a network of high achievers that you just can’t get anywhere else. The [...]

25 Steps to Entrepreneurial Success

I am often asked: “What are the keys to success?” I have developed some ideas on this over the years and, like any list in this area, mine is incomplete. Worse than this, many of these ideas for success are contradictory. Things that I learned from my Dad, Professor O. J. Firestone, like “Never take [...]

Bootstrapping Myself to a Vancouver Condo

(Guest article by Jennifer Schweers, Founder, urbanlensphotography.ca) I was in my last year of University, in my final semester, when by chance I signed up for a course on Entrepreneurship given by Prof Bruce. While I had some interest in it, I was mostly looking for a JOB with an important title when I finished [...]

Identity Theft Rampant In 2011

[By: Nancy Smith, Guest Contributor] [About the author: Ms. Smith is a contributory writer for http://www.debtcc.com. Nancy is a financial writer who specializes in financial problems and solutions. She has made significant contributions in terms of debt consolidation, savings, planning, frugality and debt settlement.] Identity theft is a major problem today. The US Federal Trade [...]

PB4L—The ‘Field Notes’ Story

I collect stories about Personal Businesses for Life (PB4L) for this blog and also for my students because they can learn a great deal from people who have already bootstrapped an enterprise, made it successful and kept ownership of it—away from Banks, VCs, Angel investors, angry creditors, partners, ex-spouses, what have you. I have told [...]

Valuing Your Business?

Selling Your Business? Introduction Many entrepreneurs are very good at building their businesses. They know how to grow a business often with limited access to financing. They know how to persevere in difficult circumstances and how to push the right buttons in their industry to make their business profitable. However, many business owners fail to [...]

Creditor Proofing (Part 2)

I have written extensively over the years on this subject*. Creditor proofing is not about hiding assets or income from your spouse or the IRS or CRA, it is about doing smart things early in your career and then later on as well that can pay big dividends for you in terms of being tax [...]

Creditor Proofing

By Professor Bruce M. Firestone, B.Eng. (Civil), M.Eng.-Sci., PhD., Entrepreneur-in-Residence, Telfer School of Management, University of Ottawa; Executive Director, Exploriem.org; Founder, Ottawa Senators; Real Estate Broker and Mortgage Broker, Century 21 Explorer Realty Inc., Brokerage Introduction As I have gotten older and perhaps wiser, I have realized how little has been written on this subject [...]

Lack of Creativity is Hurting Chartered Banks

Workouts are Times for Creativity and Flexibility A friend of mine who manages real estate workouts for a private lending group sent me this comment recently which I wanted to share. “You know, over my 15+ years with our private lending group, I’ve found myself having to deal with institutional first mortgagees on a number [...]

Michael Jackson—Astute Business Person

Whatever else MJ was in life, he was an astute business person. He knew the difference between being rich and being wealthy. Let me quote actor and comedian Chris Rock: “Shaq (Shaquille O’Neal who plays in the NBA) is rich but the man who signs Shaq’s pay check is wealthy.” Chris Rock got it exactly [...]

Why Scotiabank Place is Where it Is

I can’t speak to the issue of what we should do with Lansdowne Park or whether a snow dump in Kanata should be the home to a new MLS team. But I can answer the question—why is Scotiabank Place where it is? I get asked that question a lot. Why isn’t Scotiabank Place (SBP) at… [...]