Entrepreneur in residence - nice opp to share knowledge
"Are you a successful entrepreneur who would like to coach and advise aspiring small business owners in Toronto? Toronto Public Library (TPL) invites applications from experienced, inspiring entrepreneurs for a nine week residency to review submitted business ideas and meet one-on-one with selected applicants to critique and evaluate their business ideas and plans. You will also collaborate with the Library to create and offer programs and events to the general public. This residency is part of TPL’s celebration of Small Business Month." ... See MoreSee Less
A quick question on US sales - we're hoping to sell product to the USA, on Amazon.com, in USD. Amazon says we can't do this unless we have an account with an american bank (i.e. our USD account at RBC won't work). Does anyone know if this is true / have any experience in the matter?
As online giants like Amazon lure more and more customers away from traditional retail stores, Rubikloud is aiming to get brick-and-mortar businesses back in the ring with tactical use of artificial intelligence and machine learning.
Kristina McDougall shared a link to the group: StartupNorth.
We've launched a campaign to identify senior Canadians in the US who are looking to move home, then facilitate introductions to top tech companies in Canada. The response has been overwhelmingly positive, both from Canadian ex-pats that see opportunity but need help navigating a confidential job search and from our tech clients and VC partners. We're excited to share the candidate list to the broader tech community, with the goal of bringing more talent home. www.CanadaConnect.com I'd love to hear feedback from the StartupNorth Community. Is this valuable? What more can we do? ... See MoreSee Less
Debra ChandaFirstly, need to define Canada if want to compete; and set the factors, policies and institutions' metrics to determine the level of productivity in your country. 'How' Defining Competitiveness
The 12 Pillars of Competitiveness
-Institutions Higher education and training -*all leadership of UNI's, hospitals, metrics tied to # of spin-outs, IP filed, headcount hired other than technical, yoy distribution (sales growth) on the 5 year plan, P/E invested.
-Goods market efficiency
-Market size - sm. here
-Labor market efficiency
-Health and primary education
-Financial market development Innovation
-*'? are the angel/VC tax credits? -*? are SBIR like grants >$1M - require in grant for technical founders to present deep-dive commercialization plans: Industry, Competitive, SWOT analysis, go to market plans including launch plans, manufacturing plans. -*not a byzantine of one-off grants that go from technology or research pilot to pilot.
–– Attitude refers to the individual’s mindset, particularly
their risk-taking drive and level of perseverance –
qualities identified as essential for an entrepreneur.
–– Skills refer to the set of job-related and behavioural skills
required to successfully found or work in a fast-growing,
–– Cultural/social framework refers to all the social
and cultural factors that either support or inhibit an
individual’s decision to engage in the entrepreneurial
ecosystem rather than other occupational pathways. -* 'A socialism mentality of one for all and all for one - contradicts'
–– Regulatory framework refers to the administrative
processes and rules required to start and operate a
company, including licensing, tax and labour market
regulations. -*'area for improvement.' -*? attractive for global financing?
–– Market framework refers to the availability of necessary
inputs, transformation processes and customer demand
necessary to found and develop a venture. -*'HQ innovation budgets OCAD / ? are corporate tax credits to invest in innovation?
–– Network access refers to the availability of supporting
partners, advisers and enablers who transfer know-how
and create opportunities for growth.
This here is the must-read piece of the year for anyone into building consumer web startups.
Although it takes a hard, critical look at Tilt and James Beshara in particular (one of the best people I have ever met) - the key takeaway here is when James, with the backing of YC, a16z, being a Time magazine 30 under 30, having a viral product, with over $67 million in fundraising (at a $375 million valuation at the time) couldn't do it to the point where the startup ended up in a fire sale for $12 million - what are the lessons here which others can derive ? How do you balance growth with a viable business model ? Who is giving you critical, unflinching, non-filtered advice, and are you able to listen ?
If this had worked out, he would have been hailed as the next Steve Jobs. But it didn't, so Fast Company here is tearing into him and making him a symbol of "such" Silicon Valley startups. It is unfortunate to watch but this is a bitter pill. There is something here to learn.
-- "IT’S NOT SHOWTIME, IT’S BRO TIME"
"Above all, they agree—and Beshara himself concurs—that the young CEO had bought into the Silicon Valley dictum that company culture should be paramount.
“The thing I love most, that I get reenergized every day by, is the people,” Beshara says in a 2015 video. On big software launch days, he made a tradition of wearing a “shipping”-themed costume to rally the troops—a spacesuit on one occasion, a FedEx uniform on another.
Sometimes, though, Beshara let the fun and games become an end in itself.
“I was in a meeting with him once,” says one former team member. “I could just tell he wasn’t paying attention. I said, Hey, if you don’t have the mindshare to focus, we can reconvene tomorrow. ‘I’m 20% here, and 80% out there,’” Beshara replied, pointing to the door, the staffer recalls. “He walked out of the office [where we were meeting] and started throwing a football around with some of his friends.”" ... See MoreSee Less
Qasim VirjeeI remember being somewhat confused by their business model and over-focus on the platform being used to raise money for, what do you call them, ah yes - "tailgate parties" when I interviewed their Canadian country manager a while back (www.youtube.com/watch?v=Td0O80Xcn-4)
My startup recently received a grant from Comic Relief and they require a financial procedures policy from us. Since I don't have prior experience with this – do you know of anyone who could help us with this, or any resources that I could possibly look into? ... See MoreSee Less