Blog

Insight, Inspiration and Support for Entrepreneurs & Mentors

  • Working with partners to build a business

    Working with partners to build a businessAnne Forkutza worked with Tammy Olsson and Blair Kennedy to launch Domo Enterprise, an innovative, Vancouver-based tea company which received support in 2011 through CYBF’s Spin Master Innovation Fund. Anne believes that working with partners to build Domo presents some unique challenges and opportunities. She has this advice for […]

  • Building a healthy corporate culture

    Milan Vrekic, TitanFile Inc., @truejebus, Halifax, NS, CYBF entrepreneurIf the form of a company (corporation, sole proprietorship, partnership…) is the body of a company and the managing board is its brain, than corporate culture can be considered its soul.Corporate culture includes values, beliefs, taboos, symbols, rituals and myths and each of these evolve as the […]

  • Advisory boards – An invaluable tool for customer acquisition

    Karen Milde, Reframe Marketing, Vancouver, BC, CYBF Mentor, www.reframemarketing.comThere are many ways to find out how to improve your company image, be it with customer surveys, internet research, etc. But only a few management teams may have considered the possibility of using an advisory board. Gathering a group of executives to give the leadership team […]

  • Managers and leaders

    Managers and leaders Ellis Orlan, BA, CPA, SF Partnership LLP, Toronto, ON, CYBF Mentor, eorlan@sfgroup.ca As Bernard Bass states, “Leaders manage and managers lead, but the two activities are not synonymous…Management functions can potentially provide leadership; leadership activities can contribute to managing. Nevertheless, some managers do not lead and some leaders do not manage.”Managing and leading […]

  • Thank you to all CYBF mentors and volunteers!

    Mentors and volunteers with the Canadian Youth Business Foundation (CYBF) drive the success of many of Canada’s best and brightest young entrepreneurs! This week (April 15-21st) is National Volunteer Week 2012 and CYBF is celebrating and recognizing the tireless efforts of our valued mentors and volunteers. We appreciate your investment in the success of our […]

  • The week that was – April 10-13

    Have a look at some of the exciting things that happened this week: There is lots of interest in CYBF’s Spin Master Innovation Fund – Have you applied yet to get $50K in start-up financing, mentoring, workshops and more to help you with YOUR innovative start-up? Apply before May 10th! Communitech Hub launched Hyperdrive, a $30-million […]

  • Avoiding financial spreadsheet mistakes: Email referencing, formatting

    Simon Selkrig, Strategize Financial Modelling, simon@strategizefm.com, Montreal, QCArticle series: Avoiding financial spreadsheet mistakesPart 2 of 3Referencing files from an emailThis is a classic rookie error. Users of the spreadsheet have no idea about the source of the data, because the spreadsheet developer has merely referenced numbers from an Excel file attached to an email. Not […]

  • Avoid the common mistake in a three-year plan

    Terry Thompson, Surrey, BC, CYBF Mentor, tesh@shaw.caManaging Corporate Culture article seriesMost CEOs and managers are familiar with the need to have a three or five-year strategic plan. What often gets missed in these plans though is the personnel organization plan, particularly at a management level. The failure to plan what personnel need to be in […]

  • Building, using and retaining an advisory board

    Rose-Marie Almond, Hatchlings Incubation Centre, Oshawa, OntarioBuilding an advisory boardHere are three important considerations to keep in mind when building an advisory board: Diversity. Having a board entirely made up entirely of accountants, lawyers or marketers is not very useful. Select board members based on their specific skills, their background (personal and professional) and criteria […]

  • Hire employees or work with freelancers?

    In 2010, Jasmine Gervais, Émile Arragon and Jean-Philippe Desjardins, three CYBF young entrepreneurs, founded Orangerine, an agency operating in the digital world of web integrated production and new distribution platforms. Orangerine designs and produces multiplatform advertising campaigns that involve video production, web development, interactive media and digital display. The Montreal-based business has worked with well-known […]

  • Building a healthy corporate culture

    Sidney Halpern, Chartered Accountant, Winnipeg, MB, CYBF MentorThe following five steps help you build a healthy corporate culture within your business.1. Define a ‘healthy corporate culture’. It could include: Integrity, honesty and wisdom Team orientated for collective rather than individual goals Professional excellence 2. Define the demographics of the people needed to build or sustain […]

  • Top three reasons to hire an expert

    Top three reasons to hire an expertCathy Yeomans, Imagine Public Relations, White Rock, BC, imaginepr@shaw.ca When we start our businesses, we often do everything ourselves. However, we soon find we don’t have the expertise or skill set to handle it all. Hiring others can help, and here are three reasons why: Our to-do list gets […]

  • The Week that was – March 26-30

    We have had some great events this past week just take a look! Spin Master Innovation Fund has officially launched! Kick start your start up with $50K in start-up financing, with a personally matched mentor, workshops and a connection to our CYBF community of over 5000 members! click here for more details Entrepreneurship a key […]

  • Spin Master Ltd. and CYBF Launch Year 2 of the Spin Master Innovation Fund

    For the second consecutive year, the Canadian Youth Business Foundation (CYBF) and Spin Master Ltd., Canada’s most innovative toy company, are teaming up to offer financing, mentoring and business workshops to innovative entrepreneurs through the Spin Master Innovation Fund (SMIF). Applications for the Spin Master Innovation Fund opened today and will offer  qualified 18-34 year […]

  • The Week that was – March 19 – 23

    Spring is officially here and what a season to kick-start entrepreneurship! We have had some great things happen this week, take a look and see why CYBF is pumped for the season! Kick-start your innovative start-up!  CYBF’s Spin Master Innovation Fund launched this week offering $50k in financing, mentoring, resources, expert advice and networking opportunities […]

  • Avoiding financial spreadsheet mistakes: Structure, hard-coding

    Simon Selkrig, Strategize Financial Modelling, simon@strategizefm.com, Montreal, QCArticle series: Avoiding financial spreadsheet mistakesPart 1 of 3Financial spreadsheets are often compromised due to some rather basic mistakes by spreadsheet developers. No matter how basic or thorough a financial spreadsheet is, it is important to maintain a simple and concise approach to developing it. While putting together […]

  • The value of staying focused

    Stéphane Elie, founder of Symbiose Communication in Longueuil, Quebec, knows that a smart businesses sticks to their vision – even if that means turning down opportunities along the way. A sharp focus has helped Stéphane build Symbiose into what it is today: an inbound/outbound call central with a global reach, employing 120 people and offering […]

  • Look for the lesson on how to succeed

    Ellis Orlan, BA, CPA, SF Partnership LLP, Toronto, ON, CYBF Mentor, eorlan@sfgroup.ca In the words of Sir Winston Churchill, ‘success consists of going from failure to failure without loss of enthusiasm’.To truly succeed, one must fail first and fail plenty. This might be difficult to accept, as failing is emotionally difficult, hard to overcome and daunting […]