Tag Archives: Business Talk

Model Lily Cole – Paying with a “Thank you”

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Actress and model Lily Cole launches all-new BlackBerry Q10, at Selfridges on London’s Oxford Street. PRESS ASSOCIATION Photo. Picture date: Friday April 26, 2013.  Photo credit: Matt Crossick/PA

Nowadays it is almost impossible to think about a person or organization that works expecting only a “thank you” as payment. This concept, however, exists and it is not some sort of scam or slavery. On the contrary, impossible.com is a global community that aims to help each other out by sharing people’s time, skills, and objects; with the simple objective of boosting people’s profile by encouraging kind actions and work, using only the “thanks currency” in exchange.

The mind behind this innovative concept is Lily Cole, the English model, actress, and entrepreneur who has been also image of Vogue in several occasions. This idea came partly from Cole’s University of Cambridge thesis “Impossible utopias”. In her History of Art thesis, Cole meditates about momentary utopias in everyday reality, contributing to the possibility of making such utopias a reality; a concept somehow similar to the original term of utopia, first coined by the political philosopher Thomas Moore in his 1516 political fiction work of the same name.

In further analysis, Lily Cole wondered about the possibility of a website or platform where people could do things for one another without money being necessary as currency. In words of Lily Cole for Vogue “it just felt like quite a simple, obvious idea”, impossible.com was taking form in Cole’s mind.

The concept of impossible.com is simple and clearly reflected in its manifesto: having in mind there are only two things you can spend in this world, money and time; we all should be wondering what we are doing with these things, spending them or turning them into something impossible. Impossible.com is a group of people sharing knowledge, skills, and some time without expecting money in exchange.

Although Cole admits her model and actress profile has helped her idea to take off, the objective is that impossible.com can continue on its own. In the future people will realize that being helpful and selfless can bring enormous satisfaction as reward. Lily Cole is also demonstrating that the times we are living now need new business and economic models. Sustainable, equitable, and responsible business models also look for people well-being for nothing or little in exchange. Step by step social-engaged entrepreneurs like Lily Cole are making utopias coming true.

Hope you enjoyed the read!

Sponsored by: LIDER Marketing & The Sustainable Entrepreneur

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How I Knew I Was Ready to Become an Entrepreneur

 

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A friend of mine, who is an avid reader of my blog, asked me if I could write a post on when and how I knew was ready to start a business. Thinking back, I remember it started at the age of 19 when I was in college studying business. To keep afloat, I worked small part-time jobs in restaurants, bars and small offices. While I was enrolled in business classes I learnt that starting a business wasn’t as hard as it everyone said it was. I also realized that I would much prefer to work for myself than the employers who I had currently worked for. With that in mind, I made my first step into the world of entrepreneurship but before I took that important step I ran down these 6 points:

  • Was ready to start crafting my passion?:

When we start our careers we usually start in low entry jobs. These jobs generally entail tasks that are repetitive or soon become repetitive. It came to the point where I wasn’t pshcially capable of doing work I didn’t want to do anymore. I knew that by becoming my own boss and by stepping into the world of entrepreneurship I would be able to experience and practice a much broader line of skills. Entrepreneurship allows you to focus on the activities and passions you care most about or are most interested in. You can do this by finding ways to incorporate them into your business or forming your business around this concept.

  • I never received anything from the companies I worked for that was as valuable as the time I invested:

Building someone else’s dream is what we call a job, or even a career. If you have a job, it needs to bring something into your life. As for me, completing projects that brought an already wealthy person more money wasn’t filling in my achievement meter. I found the companies I worked for generally lacked a sense of community, meaningful goals and proper values. If you’re going to work for a company find one that you can admire and if you can’t find a non-materialistic value in them don’t work for them. Start your own projects, make a difference in the world and don’t submit to a greedy CEO. I decided that my time was best invested when it was towards my own dreams and passions.

  • I desired to live my life to its fullest and was ready to create the time to do so:

When you’re employed you will always have schedules, mannerisms and goals to follow. You’ll have deadlines to follow, a boss to follow, a contract to follow – you’ll be following something constantly. To me, becoming an entrepreneur was my entry way to following my own schedule and creating my own rules. I know, many people who put up with unjustified behavior and treatment at their jobs because they enjoy the comforts of their stability within their jobs. Something they don’t realize is that their quality of life has declined for all the wrong reasons and reasons that are not worth it.

Maintaining a free schedule that allows you to stay disciplined is important. Being able to freely decide on what they are doing, when they are doing it, how they’re doing it and who you are dealing with is what I define as true freedom.

  • I wanted to do make decisions and felt entitled to my opinion and beliefs:

I am a free soul who bases everything I do off of my vision, morals and values. Within a job, often times employers make you operate on their terms. They force you to see from their perspectives with the bribery of money which will eventually corrupt the soul. You have to always remember that you can be your own leader and develop your own methods of business even if they are not as prosperous as other solutions. For example, I am completely against non-environmentally friendly production so I do my best to find dealers who are socially and environmentally friendly.

When you give yourself the freedom to navigate your operations the way you desire – you’ll notice immediately the inspiration that will fill your mind with good.

  • I had the will power to minimize my life in the mission to maximize it.

Almost every self-made business owner knows the struggle of starting their own business with no support other than our own two hands. We have less money, time, social life and romance all for the sake of our start-up. Building a business from the ground up is like having a new born baby – you invest everything into its growth. You have to give up the expensive life style that included your fancy meals – unless it’s for potential business, reduce the amount of times you go out, limit your unnecessary shopping, etc. This sounds depressing but it’s actually so empowering. I’ve become a minimalistic through these strict practices and I do not not feel as if anything in my life is missing. I believe it is because I am working towards something that I believe is far greater than materialistic things.

  • I felt uncomfortable staying in something I didn’t believe in:

This point is my finishing point – it is also the most important. This doesn’t just apply to work or business – it applies to everything in life. As individuals, we have so much power and groups we have even more. When you are in a situation that makes you feel uncomfortable or feels wrong you must take action. For me, I simply didn’t agree with  my past employmers which is why I took a step in my own direction. You should do the same.

I hope you enjoyed this read and please share your experiences and thoughts in the comment board!

Sponsored by :Lider Marketing & The Sustainable Entrepreneur (TSE) Project

5 of The Oldest Businesses On The Planet

The oldest businesses in the world are certainly businesses we should take after and learn from. The power of persistence and keen, educated business minds are very powerful tools that are essiential for business success. If you think a 100 year old business is fascinating just imagine a business that is over 1000 years old like the ones in our list. Here are 5 of The Oldest Businesses On The Planet:

  • Kongo Gumi – 578 AD

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Kongo Gumi is a construction company over 1400 years old. They apparently survived for so long because of their busines flexiablity. They were remarkably capable of swiftly going with the current era’s devastations.

  • Nishiyama Onsen Keiunkan -705 AD

Nishiyama Onsen Keiunkan Oldest hotel in Japan and the world -nisiyama-onsen-keiunkan-

Is a hot spring hotel located in Hayakawa, Yamanashi Prefecture, Japan. It is one of the oldest operating businesses in the world and the oldest hotel. It’s been a family run business for 52 generations.

  • Sean’s Bar -900 AD

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Located in Athlone, Ireland. It is considered to be the oldest pub in Europe. It was originally known as “Luain’s Inn”.

  • Stiftskeller St. Peter – 803 AD

Stiftskeller St. Peter Stiftskeller St. Peter 3

Located in Salzbury, Austria sits Stiftskeller St. Peter which is considered to be  the oldest inn  within Central Europe. It is also cited to be one of the oldest restaurants in Europe.

 

Château de Goulaine – 1000 AD

Photo aerienne du chateau de Goulaine et des marais

In the Loire Valley located near Nantes, France sits a former castle called Château de Goulaine. The castle was home to the family of the marquis de Goulaine for over a thousand years. Now, it is the estate-bottled wine produced at chateau.

Do you have any other businesses to add to our list? If so leave them in the comments with their locations!
Sponsored by :Lider Marketing & The Sustainable Entrepreneur (TSE) Project

source: wiki

3 Tips On Financial Stability For Your Business

Financial Stability
A reader requested that I write a blog post about how my business and I became financially stable and established. Financial stability is a very critical part of growing your business to any level. If you’re personal credit is not good it doesn’t necessarily mean you will not be able to receive credit for your business. Here are 3 things to consider when looking to increase or improve your business credit or financial affairs:

1. Start-up with money AND a credit card that you will only use exclusively for business:

Having a credit card is extremely important when running a business especially in retail. You will need it to place orders for business cards, products, materials or deposits etc. There are so many ways to receive a credit card whether you have an amazing credit or a terrible credit. You can decide to be liable for your business card or have limited liability it’s all a matter of how you set up your bank account and business structure. Here are a few options:

Sole Proprietorship: if you run a small business that is unlimited liability I would suggest getting a credit card are so that you’re not actually losing your own money if you have to file for bankruptcy. The credit card should be under a business bank account.  Even though it is a business bank account you will still have unlimited liability for it. Either way you are still building a credit for your business just make sure it isn’t under your personal bank account.

Bad Credit: There are a number of ways to apply and receive a pre-paid credit that you can use to help rebuild your credit. You simply give them a deposit for the credit card and they allow you to use the card as a credit card and make payments that will affect your credit report positively.

Incorporated: when you incorporate your business it becomes its own person along with its own credit. That doesn’t mean you will automatically be approved for a business credit card most banks also take into consideration your personal credit but when a business is incorporated they can evaluate all of the corporations assets such as investors, business plans, financial reports and etc.

Having money is critical depending on the business you’re starting. I always suggest saving 3 months of personal monthly expenses and extra $3000 so that you can be comfortable when you start your first few months of business.

2. Look into your options for government funding or investors/venture capitalist:


I’m extremely fortunate to be a business owner in Canada and especially Quebec. There are so many programs and opportunities they offer to small businesses that meet all the right criteria.SAJE is a program that offers monthly income of up to $1600/month for 12 months and sometimes more if the business is promising. There are a number of criteria you need to have in order to be eligible but you can attend their information session to find out if you are actually eligible or not.

You can always conduct the appropriate research to find out which programs are available to you in your country/state/province. Normally you just have to pay a visit to your city’s or country’s information website. These programs give you a standardized income along with all the information to option loans, funding, information on start-up essentials and sales, etc. I have listed a few for Canadians and Montrealers:

Canada’s information website:
https://www.ic.gc.ca/eic/site/csbfp-pfpec.nsf/eng/h_la02855.html
http://www.canadabusiness.ca/eng/page/2852/

SAJE: http://www.sajeenaffaires.org/fr/
ACEM: http://www.acemcreditcommunautaire.qc.ca/en

As for investors/venture capitalist there are a number of ways to find them. You can network in person at events or do some research online and once you find someone promising communicate with them via LinkedIn or email. Also, there is Angel Investors – it is essential lay a website that connects venture capitalist or investors with start-ups or businesses looking for investors. Here is there website: https://angel.co/montreal/investors

3. Pay your vendors and sub-contractors ON TIME:
Before I started my business I was often hired in start-up businesses. Something I noticed often in the small business sector is they were constantly late on their payments to their contractors, vendors and sometimes employees. This can seriously damage your creditably and credibility when it comes to requesting to do monthly payments.

Most vendors will ask for referrals and if the referrals are not good you will need to pay the full amount before the vendor your order out or provides you with any services… For example, if you’re purchasing a large order totalled at $10,000 you will have to pay it up front instead of having the privilege of making affordable monthly payments of $2,500. Or if you’re looking for marketing services instead of paying monthly fees of only $500/month you’ll pay an annual fee of $6000. Having financial credibility can really affect how fast your business grows. As a business owner who hires and purchases a lot I always make sure to pay my vendors and service providers on time.

I’ll post a second article on a few more ways to obtain a bit more financial stability for your business as well as your personal growth. Please if you have any special article request like my reader Dani, please send them in via email.

 Thanks for reading!

Katie Raspberry Creative Business Blog 

Follow us on Instagram: katierasp

Sponsored by:
Attorney Sebastien Dube |  Montreal Lawyer

Avocat Sebastien Dube |  Avocat Montreal

What Are The Occupations Of The Human Population?

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Photo credit: http://blog.u21thailandseaview.com/

Here is the world’s population (7 billion people)  divided into their field of work. A staggering 430 million individuals are unemployed and only 400 million are entrepreneurs and 1.4 billion work in agriculture . What are your thoughts on this chart?

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 Thanks for reading!

Katie Raspberry Creative Business Blog 

Follow us on Instagram: katierasp

Sponsored by:
Attorney Sebastien Dube |  Montreal Lawyer

Avocat Sebastien Dube |  Avocat Montreal

The Morning Business Talk with: Kathy Muhlhan

Kathy Muhlhan

Kathy.M is a new business owner, a mother and wife; she is currently developing a school called Stacey College in which offers a various amount of small courses. Her biggest drive is to succeed which will in return allow her to stay at home and spend time with her family. What keeps her going is hope and her overpowering desire not to fail. The things that help her stay focused and motivated is nature, internet and her family.

 

Kathy Muhlhan, The Director of Stacey College, Age 35,  is

.Fabulous.

These are People &

Atmosphere

that motivate & inspire Her.

Her business advice:

  • Design a business that makes everyone win.
  • Keep fit – helps with stress, decision making, and happiness
  •  Keep your priorities in order.

Her Business Goals are:

  • Become profitable
  • Get the business running without me so I can focus on dreaming, new opportunities, and growth.
  • -Build college opportunities in countries where development is low.
  • Develop a non-profit arm, supported by the profit arm.

Check her Blog/ Website at: http://staceycollege.com/

Course Start July 31st 2012 !!
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If Interested in being the next Morning Business Talk follow the Business Show & Tell instructions and send the form to katieraspberry.advertising@gmail.com

Thank you for reading and enjoy the weekend!

Katie

Sponsored by: Kontego Networks Inc  The coolest internet provider in Montreal :)