Businesses must walk a fine balance between innovation and standardization.
I don’t usually mention this, but I initially studied to be an engineer before circumstances sent me off on a different path. Maybe that training causes me to notice things or maybe seeing patterns is just a part of me.
Quite a few years ago, I observed something about Calgary road designs. It seems like every major intersection project was an […]
When times are tough it is tempting to play a safe game. You might want to reconsider that strategy to win in business.
In tough times, it is tempting to tighten the belt and keep doing what you do.
Our natural inclination is to reduce the bigger risk by taking fewer risks at all; to seemingly play it safe. If you are the sole breadwinner it feels like every business mistake is taking food out of your family’s mouth.
So we get paralyzed with […]
Being competitive can be good or it can be dysfunctional. Effective entrepreneurs learn the difference.
Most entrepreneurs are competitive by nature. Being a competitive man isn’t a bad thing.
Sometimes, we watch some men take competition to the extreme. Every interaction is a death match to prove they are winners, and everyone else is a loser. I watched a documentary about well-known billionaire developer who always had to win, even against other accomplished businessmen. In making […]
You probably wouldn’t let the Internet name your baby. So what could go wrong in naming your $289 million polar research vessel?
What happens when you are building an expensive new polar research vessel, and you want to generate some visibility for the project? Why of course, you hold a public naming contest on the Internet.
This is exactly what the Natural Environment Research Council (NERC) did.
The new ship, […]
Your ability to invest and leverage resources determines your success in business. How do you measure up?
The Internet has taught us we can be experts in anything we choose. So we try to be experts in everything. Or worse, we learn just enough to fool ourselves into thinking we are experts because we don’t have the time or passion for achieving mastery.
I see this a lot with small business owners.
For example, they figure out how to build their website and do online marketing because […]
With people walking the Earth claiming to be the “greatest” at everything, it is easy to lose sight of your personal potential for greatness.
When I think of personal greatness, I don’t mean the narcissistic “look at me, look how great I am” of an adult child clamoring for constant approval. A little limelight is good for the soul. Tying your sense of self-worth to the […]
It is very difficult to focus on a business mission and yourself at the same time. Clarity makes all the difference.
“He who has a why to live can bear almost any how.” ~ Friedrich Nietzsche
Robert has somewhere between seven and a dozen small business ventures on the go at any time.
If he sees an opportunity or has an idea, he is quick to launch it. One of the businesses started out in managed information technology services. Then a client asked
if he could build her a […]
Alberta wasn’t always landlocked. Now is the time to reimagine our competitive advantage.
Alberta wasn’t always landlocked. Anywhere from 600 million years ago until 85 million years ago, give or take some rounding errors, the salt water of the ocean covered Alberta by varying degrees.
Then for 2 million years, Alberta went through about 80 glacial cycles. The last ice age finished about 10,000 years ago, bringing us to relatively modern times.
The federal government got elected […]
Are you excellent at picturing the end-solution and then working backwards? There are times when that approach fails.
As an entrepreneur, I can imagine, in great detail, a lot of possible things I could do or build. I’ve run into plenty of others in the same boat. Ideas are rarely in shortage.
Call it chasing the squirrel or the shiny blue ball syndrome.
The solution in most cases is to […]
People buy Apple products, because Apple has a powerful brand that connects to their ideal customer.
Consumers can see the connection to the iPhone in their hand or the MacBook Pro in their lap along with the company itself.
It doesn’t matter if the products are manufactured offshore by companies and people they don’t know exist. It doesn’t matter if the components in the phones are fabricated by other companies most of us have never heard of. […]