THE NEW VENTURES BLOG
The beginnings, hard decisions, lessons, and people behind the businesses. In my own words.
September 2021 marked a truly special moment in our journey as entrepreneurs. Over the years, my wife and I have spent countless hours building companies with amazing people, tackling challenges, and…
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When we first started our entrepreneurial journey, we had big dreams and even bigger goals. Looking back over the last 20+ years, it's hard not to feel a sense of pride and accomplishment for what we've built.
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Some may say the good news is that Ruckify generated wealth for some people. The bad news is that it wasn’t any of the shareholders or the people that worked so hard building it.... and the ugly news...
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Starting a business can feel like staring up at a mountain, wondering how you'll ever make it to the top. The idea of making a big investment upfront seems like an obstacle you'll never break through. But…
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https://www.obj.ca/article/ottawa-entrepreneur-champions-1m-health-canada-drug-checking-tech-challenge Ottawa Business Journal - By Caroline Phillips Ottawa entrepreneur champions $1M Health Canada dr...
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Starting a business with your spouse isn't just a joint venture—it's a blending of your personal and professional lives that can lead to extraordinary success or, if mismanaged, create unique challenges.
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As an entrepreneur with a passion for creating and building successful businesses, I've learned that success isn't just about having a great idea or working hard...
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Running a business is no easy feat. You face challenges every day, from managing operations to ensuring customer satisfaction. But one of the toughest decisions you might have to make is deciding to fire a…
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In life and business, our perspective shapes everything. The way you choose to perceive challenges, setbacks, and opportunities directly impacts your success. But it's not always about seeing things in the…
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In business, first impressions really do matter. Whether it's the physical front door of your store or the digital 'door' where customers interact with your brand online, your entry point is the first thing…
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When you're considering starting a business, one of the first steps is to understand where your strengths lie. Are you the visionary with big ideas? The manager who keeps everything running smoothly? Or the…
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Building a successful business is a marathon, not a sprint. Entrepreneurs often dream of fast success, but the reality of business growth is that it is a gradual process.
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In today's competitive marketplace, the ability to stand out and drive profitability is essential for the growth and sustainability of any business. One of the most effective strategies to achieve this is…
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When launching a new business, the initial decisions you make about your company's culture and operational approach—often referred to as your business's DNA—are critical. These foundational choices define…
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As entrepreneurs, we often find ourselves standing at a crossroads, faced with decisions that can pivot the direction of our ventures. These are the moments where fear can paralyze us—fear of taking action…
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Throughout my career, I've experienced numerous partnerships. As with anything, the good partnerships have been incredibly rewarding, while the ugly ones have been deeply challenging. It's through these…
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Starting a business is never easy, but the challenge becomes even more complex when you're looking to acquire a company that has gone bankrupt. Twenty-seven years ago, I found myself in the midst of an…
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Family businesses are often the backbone of communities. They combine personal relationships with professional pursuits, creating an environment that fosters connection, resilience, and long-lasting…
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How to Determine the Right Rental Rate for Your Items. Are you considering renting out your belongings but not quite sure how to price them? Selecting the correct rental rate is vital to attract custome...
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In the world of entrepreneurship, timing is often the quiet but powerful force behind success or failure. While it may seem like a mere afterthought, timing plays a crucial role in shaping whether an idea…
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Over the weekend, as we drove by LouX, a flood of memories came rushing back. The story of LouX is not just a business venture, but a testament to what happens when partnerships are formed with trust,…
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In the wake of profound personal loss, despair and depression can become all-too-familiar companions. For me, this became a harsh reality in 2013, when I lost my son. The emotional devastation shattered the…
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Since the advent of the first smartphone, our personal and professional lives have undergone a profound transformation. These powerful devices have evolved from simple communication tools to complex,…
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As entrepreneurs and business leaders, our ultimate goal is growth. But how do we achieve consistent and sustainable growth? It all comes down to one essential truth: there are only three primary ways to…
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When it comes to entrepreneurship, everyone talks about the dream of building a million- or billion-dollar business, but few discuss the importance of being comfortable with the possibility of going back to…
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Starting a new business is like stepping onto a roller coaster—full of ups and downs, thrilling moments, and inevitable challenges. But one of the most effective ways to transform those nerve-wracking…
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Entrepreneurship is a journey fraught with challenges. The road is rarely smooth, and it often feels like you're either soaring or stuck in a rut. As business owners, we experience both of these…
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In the world of entrepreneurship, one of the most powerful yet often overlooked principles is the idea that Effort Equals Outcome. It's a simple equation, but its transformative power cannot be…
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In the dynamic world of business, one of the most persistent challenges is managing the fluctuating demand that comes with seasonal changes. Every business—whether seasonal or not—experiences peaks and…
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In my experience, it can take anywhere from 1-4 years to find that sweet spot where your product meets the needs of the market. However, there are ways to increase your chances of success, and it all ...
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Artificial Intelligence (AI) has made tremendous strides in transforming content creation across various industries. From writing articles and generating visual art to composing music, AI is increasingly…
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Entrepreneurship is often painted as a high-stakes game—a world where the potential for success is often at odds with the risks involved. Much like in baseball, where a few players hit home runs but many…
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In the world of business, one of the most crucial decisions an entrepreneur faces is whether to focus on small, quick wins (chasing mice) or target large, high-risk opportunities (hunting elephants). Both…
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CBCNews - By Julie Ireton https://www.cbc.ca/news2/interactives/saying-no-for-nick/ Saying no for Nick When Steve Cody isn't busy attempting to build a billion-dollar software company, he's trying to ...
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As a business owner, nothing can prepare you for the moment you realize that you've been the victim of corporate theft. In 2020, during the height of the global pandemic, my company, Ruckify, faced one of…
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In 2021, our management team acquired Better Software, and I am proud to report that our team is fully committed to its vision and its mission to continue building and delivering a world-class software product.
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Have you ever thought about what it would be like to gather a group of complete strangers for an intimate experience? A few months ago, we beta tested the Bunking concept by bringing together a group ...
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Building a business from the ground up is an exciting journey, and one of the most thrilling parts of that process is coming up with the perfect name. The name you choose will become the cornerstone of your…
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As an entrepreneur, I've always been driven by the desire to build and solve problems. But transitioning into the role of a first-time tech CEO was a completely new challenge for me.
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Over 20 years ago, I came across The E-Myth Revisited by Michael Gerber, and its impact on my entrepreneurial journey has been profound. I'd heard about this book many times before, but I didn't realize…
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What started as a family brainstorming session with my daughter Paige turned into a transformative environmental initiative. The Ruckify TreeProject plants a tree for every transaction on our platform,…
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The classic 'chicken and egg' problem plagues every marketplace startup: how do you build supply or demand first? Through my experience with Ruckify and other marketplaces, I've learned that supply is the…
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