10 Small Business Land Mines
Sidestep these potentially explosive mistakes and you can avoid becoming another business casualty
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Sidestep these potentially explosive mistakes and you can avoid becoming another business casualty
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Is there an entrepreneur somewhere deep inside of you screaming to get out? With more and more Albertans turning to small business ownership, you are in good company if you are contemplating loosening forever the shackles of the corporate world to be your own boss.
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Geoffrey Shmigelsky – Entrepreneur in Residence, University of Calgary
Retirement sits uneasily with Geoffrey Shmigelsky, the 32-year-old Prairies Entrepreneur of the Year in 2000. Shmigelsky started Cadvision in 1990 with less than $1,000.
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Bill Comrie – CEO, The Brick Warehouse Corporation
Furniture store magnate Bill Comrie is celebrating 25 years of selling home furnishings in Alberta. The Brick opened its first store in Edmonton on September 1, 1971. It was 4,500 square feet and was staffed by four employees.
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Barbara A. Richardson – Director and Co-founder, SpringBank TechVentures
Running the Boston Marathon and starting a high-tech venture capital firm hold many similarities for Barb Richardson, a director and co-founder of SpringBank TechVentures.
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It’s difficult to suppress the shudders of envy that threaten to descend when you’re talking to an entrepreneur nearly half your age. The ink has barely dried on the MBA, yet business has taken off with a vengeance. The energy in the youthful, animated voice is almost tangible, even through the telephone line.
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Since 1997, Entrepreneur Media, the publisher of Entrepreneur magazine, has been staking out its trademark turf over the use of the word “entrepreneur.”
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Where does the impetus come from? Thats the question which puzzles me. Where do twentysomething entrepreneurs get the drive and the motivation to start a business so early in their careers?
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When John Putters hires new staff for CSM Systems, his four-year-old Edmonton technology company, he looks for vision, entrepreneurial flair and a can-do attitude.
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At Characters Fine Dining in downtown Edmonton, the waiter presents before us a boxed tray of loose tea blends as if it were an exquisite tray of desserts. The selections have names like “Life is Beautiful,” “Chai-Ish” and “Happy Dreams” and their aromas linger as we make our choices.
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