Thirty-five years ago if you asked my father what he did for a living, he would say he was a business owner and there was no degree in the world that could teach you this stuff! Fast forward to now, and if I asked the same question, most people would say they are entrepreneurs and you can get a degree in entrepreneurship from a number of Universities.
Blog Category: Entrepreneurship
These days, when the entrepreneurial bug bites, many hopeful small-business owners launch social enterprises—businesses that tackle social, cultural or environmental issues by “being part of the solution” while simultaneously turning a profit. Large and small, there are thousands of these businesses across Canada, and their numbers continue to grow.
The government announced a huge policy change that revolutionized the face of business in profound ways. This was back in 1993 when the Alberta government decided to privatize liquor sales. Up to that point, liquor sales were done in a cold, formulaic way that only a government could. The government of the day decided to open up the market to private enterprise, and everywhere you looked, everyone you talked to, people saw opportunity and money. I watched the whole thing unfold with rapt attention.
Have you ever been out hiking, fishing, or camping, and had a craving for a premium cocktail, but didn’t want to lug around the heavy ingredients? If that's the case, BarCountry is the company for you! The owners Mathieu and Kole are adventurers themselves, so they know packs are tight on space. All you need is a flask of your desired alcohol, some water, and one of their dehydrated cocktail mixers to enjoy your drink of choice at the end of a grueling day.
With the influx of microbreweries in Alberta, hearing about another one may not catch your interest. But I can assure you this: Village Brewery is different. Jim Button, one of the co-founders of the brewery, is a driving force behind that fact. Not only does he have a strong background in marketing and brewing, but he has an infectious passion for his community and a strong commitment to volunteerism and philanthropy.
Since the first travellers visited the hot springs in Banff in the railway era of tourism, Alberta has been a compelling destination for visitors worldwide. More than 100 years later, tourism still plays a vital role in Alberta's continuing economic success and contributes to the social vitality of the province. Today, tourism in Alberta is comprised of 19,000 businesses, provides 127,000 jobs in Alberta and generates $8.1 billion in expenditures.
In our interdependent and interconnected world, it has become increasingly important for children to be able to foster a growth mindset to prepare for tomorrow’s problems. While not every child needs to grow up and become an entrepreneur, instilling an entrepreneurial mindset can be incredibly beneficial. If a child can become comfortable with risk and have a positive attitude towards failure, they will not be afraid to learn and share their creative insights.
During summer in Alberta, festivals, rodeos, farmers’ markets, and other events flourish throughout the province. Edmonton in the summer is known as festival city, and with good reason – there are over 55 festivals in the capital region during the summer! Calgary is home to the Greatest Outdoor Show on Earth: The Calgary Stampede.
Last May we brought you the story of Sam Chow and his business, Hobblit: Calgary’s “Airbnb” for Activities. We know that in business, things are always changing, so we caught up with Sam to see what he’s working on now.
One of the most challenging considerations when developing a business idea is incorporating quality characteristics to make it successful. With so much clutter out there when searching for “successful business idea characteristics”, it was essential to create an improved list that echoes the thoughts of successful entrepreneurs.