Category Archive: Building a Business

Oct 24

Can you beat the index?

We’ve often been told that 75% of professional money managers fail to consistantly beat the index, so what chance does “the little guys” like you and me have of making money in the market. While there are advantages that money managers have, there are several reasons why I think an individual can do better than actively …

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Jul 17

The price of profiteering

You’ve probably heard about the drought in Alberta. It’s a legitimate concern for many people as crop production is way down over last year. For some, this has been seen as an opportunity for profit, big profit. Unfortunately, this short term profiteering could have long term consequences. First off, let me say that you need to …

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Jun 23

What did you expect?

We’ve all heard the stats…75% of money managers fail to beat the market, yet we continue to pour more money into them. I often get asked by others to help them find a place, buy some stocks, or start a business…which usually turns into “can you just do it all for me”. We as a …

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Jun 19

Know thyself

One of the questions I’m often asked is… If I buy your book, do you guarantee I’ll be rich? to which I answer… No, if you buy my book I guarantee you’ll be $25 poorer. My book, like every other “how to” book ever written can’t make you rich, because nothing anyone says or shows …

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Jul 24

A key to success – smell the roses

When people look at my background (multiple business owner, self employed, investor, real estate, family, volunteering, etc) they tend to assume I’m a very busy person. The media is full of the “you must commit every moment of your day to achieve success” message. When I started, that was probably fairly true, I worked quite …

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Jun 02

Too much information

As an owner of a design company, you have to own a lot of fonts. When I started out, I had hundreds, if not thousands. Over the years, I’ve acquired many more to the point that I now have over 25,000. Some people may think this is a good thing but, in reality, it’s more …

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Jan 31

15 years to overnight success

A friend of ours recently came by for a visit. They are interested in starting their own business, and inspired by our apparent success. It’s very easy to look at our life and think it’s easy to duplicate. The truth is, we’re not even close to an overnight success. Business and investing is not a …

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Jan 12

Know the disease

Many people tell me it’s impossible to be a landlord. There’s just no way to make money, tenants are nightmares, they don’t want the hassles…whatever. I suppose, I also hear the same thing about starting a business. 9/10 businesses fail within 3 years, you have no life, it’s all work and no play…etc. Having started …

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Feb 14

Tax Time Tips for Real Estate Investors

Well, we’re getting close to that time of year again where taxes need to be filed and paid. If you own any business or real estate, you don’t really get to keep any more money than if you earned a paycheque. Money doesn’t seem to work that way. There is one difference though between being …

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Oct 11

Don’t scrimp on quality

Fall is a busy time, as you may have noticed from my lack of posting lately. Life does have a tendency to get in the way of procrastinating… As winter approaches at a stable, you need to prepare and stock up…and for those of you who think the kids going back to school will give …

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