Post Tagged with: "Entrepreneurs"

How will the global economy recover from COVID-19?

How will the global economy recover from COVID-19?

The past six months have had a catastrophic impact on the global economy and recovery will require serious collaboration between private and public sectors. It’s hard to believe, but even though many countries have been shut down for months, we are still in the COVID-19 response phase. However, I do believe the innovation economy –– where we’ve seen so much […]

by × September 13, 2020 × 0 comments
Anti-Black and Systemic racism – the need for change

Anti-Black and Systemic racism – the need for change

For weeks, we’ve been grappling with a pandemic — one of the greatest health challenges humanity has ever faced. Now we are being pulled into historic political challenges, too. Many people in our community are grappling with racism, inequality and a lack of diversity and inclusion. It’s vitally important that we raise these issues with our kids, our friends and […]

by × June 3, 2020 × 0 comments
5 Questions entrepreneurs need to ask themselves

5 Questions entrepreneurs need to ask themselves

By Abdullah Snobar and Yung Wu. Our world has fundamentally changed, and the future of business has changed with it. As entrepreneurs, our biggest concerns from eight weeks ago, such as “How do I manage my dilution?”, have been replaced with “How do I survive the next month?” Then, capital was freely available and we had a good handle on […]

by × May 13, 2020 × 0 comments
Inertia Kills … Velocity Wins

Inertia Kills … Velocity Wins

Yung Wu is CEO at MaRS Discovery District. Under his leadership, the companies MaRS supports are advancing prosperity through entrepreneurial achievement. Located in Toronto, Canada, MaRS is the world’s largest urban innovation hub. Q1. When you reflect upon your career path, is there a defining moment that influenced where you are today?  I have been fortunate to have had more […]

by × February 7, 2019 × 0 comments
NFQ !!

NFQ !!

I founded my first company over two decades ago, on a couple of credit cards and a dream (at the time, we referred to it as a “wing and a prayer” … now we prefer to remember it as a “vision for global leadership” *lol*). After 2 economic cycles, 3 major rounds of financing, 3 business model changes, and 2 “perfect storms”, I have reached the conclusion that “success” and “failure” are

by × November 9, 2015 × 5 comments
Darwin’s Law for Entrepreneurs:  Adapt or Die

Darwin’s Law for Entrepreneurs: Adapt or Die

How many of us have used that phrase … “Ya gotta love it when a plan comes together !!!” Why does this particular circumstance merit such recognition? Is it so rare, so surprising that an outcome actually resemble what was planned, that it requires its own ‘folk saying’? Let’s think about this for a moment, because for most in the […]

by × November 8, 2015 × 0 comments
Is Venture Capital right for you?

Is Venture Capital right for you?

I often get asked about the venture financing process by entrepreneurs who are seeking venture funding for their companies.  And the thing that I always emphasize is that venture financing IS NOT for everyone.  Depending on the entrepreneur and the stage of the business, sources of financing can include family, friends, banks, angel investors, vendors, customers, strategic partners, venture debt […]

by × April 13, 2015 × 0 comments
Parsing the Venture landscape

Parsing the Venture landscape

I have been searching for a practical breakdown of the various sources for venture capital, in a way that can be easily digested by typical entrepreneurs as they navigate through each of the major breakpoints in the life cycle of their ventures.  This post by Manu Kumar from K9 Ventures, probably does the best job I’ve seen of making this […]

by × March 13, 2015 × 0 comments
The fallacy of the BIG IDEA …

The fallacy of the BIG IDEA …

On many occasions, I’ve been approached by friends, associates, acquaintances, who want to know what the “secret sauce” is for building a great business. Most of the time, the questions center around “how do I come up with the one, big idea?”. I’ve come to the conclusion that most people who think that they would like to become entrepreneurs, don’t end up doing so because they waste so much

by × April 20, 2014 × 0 comments
Plan for the Worst … Hope for the Best !!

Plan for the Worst … Hope for the Best !!

Most entrepreneurs that I have met have the innate gift of being able to “Hope for the best”, to suspend disbelief and to trust in their personal ability to build successes out of their ideas. Their belief in their ability to turn “perceived limitations” into “enabled possibilities” is a key trait that fuels entrepreneurs to travel where others fear to […]

by × January 29, 2014 × 0 comments