Monday, February 28, 2011

hunks hauling junk/foxes packing boxes

  • looking for 250,000 at 25%
  • largest and fastest growing
  • top 30 new franchise
  • already had another company and now they are trying to create a same one but with a little different spin on it.
  • never laugh at money
  • make and offer on over all business
  • made 500,000 last year in sales
  • 3 million dollar company
  • only offering 10% or a million dollars
  • valuing business of what it will be in the future
  • 50/50 for the foxes and 10 percent in the hunks offer
  • didn't take the offer
  • now are huge

Wednesday, February 16, 2011

ent seminar/innovations

The golden rules of high speed innovation
  • necessity to act
    • do something....
    • "we did It because we believed we had to"
  • necessity to invent/act
    • create crises and urgency
    • feeling the genius of the average worker
    • do something anything better each day.
  • create urgency
    • Steve  jobs at apple. creates high expectations... know for demanding...results in high stress...but strangely high inspiration in its employees
  • free the genius of the average worker
    • 90% of the workers are average ... Honda goal was to get 1 idea per month from the 905 average worker. 
  • do something anything better each day
    • find something to improve some process to speed up..something small or big
    • Jim pattison...start all meeting early
  • love what you do and get good at it
    • Sarah breedlove
    • started walker manufacturing
    • first black millionairess

Tuesday, February 15, 2011

shark tank- Mr. Todd's pies

  • dont cry about money cuz it never crys for you
  • all started off little and turned out big and worth millions
  • makes all pies fresh
  • over 3000 pies sold a day
  • 460,000, for 10% or 4.6 million is how much the business
  • major market is on whole sale
  • million dollars in sales last year
  • cant keep up with the demand
  • half of the revenue comes from one flavor
  • sweet potato pie is 94% of wholesale 50% , retail 50%
  • 425,000 just from the sweet potato
  • if he accepts he will only get half of his company
  • giving up half of his company saved his business
  • strenghts of his business was his sweet potato pie
Over all the strenghts of his business was his sweet potato pies, his weakness are is that he is emotional about his pies and company, and that he was making 30 something other kinds of pies that weren't doing as well as the sweet potato was. the sharks offered to give him the 460,000 that he wanted and in return they would take 50 percent of him pie company. in the end it was a good idea for him i think to go into to business with the sharks because they saved his company and even made it better and more famous than it was when he was in business by himself.

Monday, February 14, 2011

arnold swarzenegger

  • hit jackpot in 1990
  • he knew what he wanted and knew how to get it.
  • one of the most interesting people in the world
  • They called him the "Austrian Oak".
  • Came into America with only a gym bag, and a dream.
  • Born in 1947 in Austria, and lived in a 300-year old home with no indoor heating.
  • his father was an ice curling champion.
  • Arnold's Dad was a perfectionist, and a strict disciplinarian on Arnold, but favoured Arnold's older brother.
  • was already a talented athlete by his teens.
  • "I am going to be the best body builder." - age 18
  • had a low pain tolerance.
  • 6 days a week, he would walk or bike and work out for hours.
  •  made his own gym at home, after being told he could only work out 3 times a week at the local gym.
  • fun was the most important thing to Arnold while training.
  • joined the Austrian army
  • was arrested than thrown in jail, but was told to keep training.
  • at 19, he was already known as a body building legend throughout Austria and Germany.
  • competed for Mr. Universe and won 2nd prize.
  • In 1967, he managed to scrape enough money to buy a famous gym for himself.
  • at the age of 20, he became the youngest Mr. Universe in all of history.
  • was astonished by the body builders in America, and took 2nd place.
  •  the mind and heart of a champion.
  • began his own mail order company, and was determined to conquer capitalism.
  • Joe Weider was Arnold's mentor: body building and business.
  • Arnold told Joe he needs to have more joy in his life.
  • back in Austria, Arnold's brother was killed and his father died of a stroke.
  • Jim Lorimer became Arnold's business partner.
  • Arnold announced he would be retiring from body building in 1975.
  • at the age of 28, Arnold was the most famous bodybuilder in the world.
  • "Hercules Goes to New York" was Arnold's first film.
  • Arnold won a Golden Globe for his role in "Stay Hungry."
  • in 1977, "Pumping Iron" opened as a documentary of Arnold's body building life.
  • very realistic, and very focused and very smart.
  • He had a business degree in Sports.
  • was offered the role of the terminator after being seen in his 2-3 films.
  • By 1985 he was already named International star of the year.
  • In 1986, Arnold married Marie Kennedy.



4 things that i learned about arnold swarzenegger was that he is great at what he does, that he was in the army, went to jail, and one thing that i found the most interestiong was that he wasnt allowed to work out in a normal gym more than 3 times a week so than we wnet and created his own gym at his house in stead. in my opion the gym was dumb because they lost some bussiness. what i really learned about form watching this was that you can do anything that you want even if there ends up being some sort of obsiticals in your way. with him like jail and not working as much as he wants to but he still does what he wasnt to do.

Wednesday, February 9, 2011

canadas top 100

BC Hydro


Why were they chosen?
  • provides maternity leave top-up payments to employees who are new mothers
  • offers employees up to 20 paid personal days off each year
  • offers a range of on site amenities including a fitness facility and even massage therapy with physiotherapy services, a quiet room for meditation or religious observance, and a cafeteria with subsidized meals
Employer background ?
  • BC Hydro generates and distributes electricity to residents in British Columbia.
  •  The provincial Crown corporation is one of the largest public utilities in Canada, which operates 30 hydroelectric facilities, two gas-fired thermal plants, and one combustion fuel turbine station. offices are in Vancouver and Burnaby, BC Hydro has offices and facilities located in communities across the province.

Physical work place ?
  •  physical workplace is rated as above-average.
  •  Employees living in the Greater Vancouver Area work from major offices in Vancouver and Burnaby so close to public transit options, restaurants, shopping areas and parkland.
  • The Vancouver head office also features an on site fitness facility employee lounge, religious observance room, cafeteria , secure bicycle parking, and transit subsidies.

Work atmosphere ?
  • the work atmosphere is very good.
  • The head office employees enjoy: business casual dress, casual dress Fridays, can listen to music while working, employee sports teams.
  •  Social gatherings are organized by individual departments, and have holiday parties and other team recognition events.
  • They also keep employees up-to-date and gathers feedback through a company newsletter.

Financial benefits ?
  • BC Hydro's financial benefits are rated as above-average.
  • To keep salaries competitive the company participates in outside salary surveys every 12 months. Individual salaries are reviewed every 12 months.
  •  BC Hydro provides signing bonuses for some employees; year-end bonuses for all employees; defined benefit pension with employer contributions life & disability insurance.
Health ?
  • BC Hydro's health and family benefits are rated as very good.
  • The public utility has separate health benefits plans for its union and non-union personnel.
  • All plans offer flexibility through varying levels of coverage, from no coverage to extended levels of coverage for employees and their families.
  • There is no waiting period before coverage begins.
  •  BC Hydro's family-friendly benefits include; fertility treatments; maternity top-up payments extended unpaid parental leave option.
Employee engagement ?
  • BC Hydro's employee engagement program is rated as average.
  •  Employees receive individual performance reviews every 6 months.
  •  Worker receive a performance feedback every once in while
  •  As part of the review employees can provide confidential feedback on their manager's performance as while.
  •  They also hires an outside consultant to conduct confidential employee satisfaction and engagement surveys.     
Training ?
  • BC Hydro's training and skills development program is rated as exceptional.
  •  Employees receive tuition subsidies for courses related to their position.Employees may also receive tuition subsidies for courses unrelated to their current position. 
  •  BC Hydro supports employees' 
  •  The organization offers a graduate technologist-in-training program for candidates in the engineering, operations and electrical systems maintenance and repair fields.
  •  As part of this program, participants may relocate to various parts of the province, exposing them to a variety of work environments.
Community involvement ?
  • BC Hydro's community involvement program is rated as very good.
  •  BC Hydro supports local and national charitable organizations.
  •  Employees take part in the selection of charitable groups assisted each year.
  • BC Hydro also maintains on focus energy conservation and environmental sustainability initiatives and supports and encourages individuals  to incorporate energy conservation into their everyday lives.
BC public service

Why were they chosen?
  • provides maternity top-up payments for new mothers followed by parental leave payments
  • also provides new fathers and adoptive parents with parental leave top-up payment
  • offers an incredible range of career opportunities across the province, and helps employees build their careers through in-house and online training, mentoring and tuition subsidies
  • encourages recent graduates to work at the organization by forgiving a portion of their total BC student loan amount after each year of employment
Employer background ?
  • BC Public Service is British Columbia's largest employer, with close to 30,000 employees working in 280 communities around the province.
  •  The Service supports the people of British Columbia through the delivery of a complete range of public services, including public safety, environmental protection, economic development, transportation infrastructure, natural resource management, First Nations treaty negotiations, as well as sport, cultural and recreational development initiatives.
Physical work place ?
  • BC Public Service's physical workplace is rated as above-average.
  •  Perhaps the BC Public Service greatest attribute is that it offers the chance to live and work in one of the country's most beautiful cities.
  • Located in beautiful Victoria, the provincial government's main offices are located throughout the city and located in office towers,
  •  Across its many locations employees can take advantage of on site fitness facility
Work atmosphere ?
  • BC Public Service's work atmosphere is rated as very good.
  •  Across the Service, many employees can take advantage of business casual dress; casual dress Fridays; can listen to music while working; employee sports teams.
  • Throughout the year, employees can provide feedback and stay informed about new development through a corporate intranet site; email suggestion box.
Financial benefits ?
  • BC Public Service's financial benefits are rated as above-average.
  • To keep salaries competitive the company participates in outside salary surveys every 36 months. Individual salaries are reviewed every 12 months.
  • In addition to competitive compensation, the Service offers new employee referral bonuses defined benefit pension plan; life & disability insurance.
Health ?
  • BC Public Service's health and family benefits are rated as above-average.
  • The Service's health plan is managed by Pacific Blue Cross.
  •  As part of the health plan, the employer pays 100% of the premiums.
  • The health plan is a flexible plan with adjustable premiums and coverage levels.
  •  The basic plan includes routine dental; eyecare traditional medicine coverage; alternative medicine coverage; massage therapy; medical equipment and supplies; travel insurance.
Employee engagement ?
  • BC Public Service's employee engagement program is rated as average.
  •  Employees receive individual performance reviews every 12 months. .
  •  As part of the review process employees can provide confidential feedback on their manager's performance.
  •  In addition, the compensation framework for management personnel include performance bonuses that can range from 5% to 10% of salary.
Training ?
  • BC Public Service's training and skills development program is rated as very good.
  •  Employees receive tuition subsidies for courses related to their position. 
  •  Employees may also receive tuition subsidies for courses unrelated to their current position.
Community involvement ?
  • BC Public Service's community involvement program is rated as exceptional.
  •  The Service and its employees support a variety of local, national and international charities every year.
  •  Approximately 900 charitable and community organizations were supported last year.
  • Through the Service's "Provincial Employees Community Services Fund" employees can arrange to have direct payroll deductions donated to the registered charities of their choosing.
Bank of canada


Why were they chosen?
  • encourages ongoing employee development through generous tuition subsidies  for courses taken at outside institutions and offers employees the opportunity to work on exchange with other central banks and international organizations
  • helps prepare employees for retirement with retirement assistance planning and a defined benefit pension plan
  • offers employees a compassionate top-up payment (to 93% of salary for 8 weeks) if called upon to provide care for a loved one
Employer background ?
  • The Bank of Canada is a federal Crown corporation and the country's central bank, responsible for regulating and overseeing Canada's monetary policy. Established in 1934 as a private bank, the Bank of Canada was nationalized in 1938 and is today owned by the Government of Canada.
  • The country's central bank conducts its activities with considerable independence compared with most other federal institutions, with the Governor and Senior Deputy Governor appointed by the Bank's Board of Directors (with the approval of Cabinet), and the Federal Government's Deputy Minister of Finance sitting as member of the Board of Directors, but does not have a vote.
Physical work place ?
  • Bank of Canada's physical workplace is rated as exceptional.
  • The company's head office is situated in the heart of downtown Ottawa within a heritage building that
  • also houses Canada's National Currency Museum.
  •  The building is also within minutes of numerous urban parks and recreational paths, including Ottawa River and Rideau Canal.
Work atmosphere ?
  • Bank of Canada's work atmosphere is rated as above-average.
  •  On the job, employees enjoy business casual dress; casual dress daily; can listen to music while working; employee sports teams; organized social events.
  •  Past events include an annual hockey tournament an annual golf tournament, children's Christmas party, staff reception for the holiday season, and annual long service dinners.
  •  The Bank of Canada captures feedback and keeps employees up-to-date through a company newsletter; corporate intranet site.
Financial benefits ?
  • Bank of Canada's financial benefits are rated as above-average.
  • the Bank of Canada provides signing bonuses for some employees;
Health ?

  • Bank of Canada's health and family benefits are rated as above-average.
  • The basic plan includes routine dental; restorative dental; eyecare  traditional medicine coverage; alternative medicine coverage; massage therapy; medical equipment and supplies; homecare; employee assistance  plan; travel insurance; healthclub subsidy
Employee engagement ?

  • Bank of Canada's employee engagement program is rated as very good.
  • The Bank of Canada recognizes exceptional performance through long service awards.
Training ?

  • Bank of Canada's training and skills development program is rated as exceptional.\
  • The Bank also offers external development opportunities in the form of exchanges with other central banks and international organizations such as the International Monetary Fund  and Interchange Canada assignments.
Community involvement ?

  • Bank of Canada's community involvement program is rated as very good.
  •  the Bank organizes an annual holiday season food drive in order to assist local families in need. Individual departments also organize separate events with varying charitable focus.

Tuesday, February 8, 2011

entrepreneur seminar

Notes 
The basics of entrepreneurship: sense of mission, customer/product vision, high speed innovation, and self-inspired behaviour.
The inclination of my life has been to do things and make things which will give pleasure to people in new and amazing ways.
Steve Jobs: The managers knew how to manage, but they couldn't do anything. (Apple Computer)
Sense of mission: leaving footprints in the sand
be excited, love your business! this is important stuff.

WHAT WENT WRONG ??????????????
  • 33% of the excellent Co's ('62-'84)
  • 84% of the 100 biggest Co's (1900-2000)
  • 70%of the fortune 500(1955-2006)
  • bigger isn't always better
Life cycle of entrepreneurial  
  1. start up
  2. high growth
  3. decline
  4. survival
"Seven deadly sins"

  • everything that can be invented has been invented
  • Charles duell director us patent office-1899
  • I'm okay-your okay
  • this produces terminal inaction
  • we are not okay.... we are NEVER okay
  • crises and a sense of urgency are necessary for organization to grow
  • one best way
  • silences workers forever
  • kills innovation
  • out of touch with competitors and customers
  • your next great idea comes from this
  • centralize everything
  • this is about controlling everything...is biggest actually better
  • when in doubt-decentralize lab in the woods (scientist take over)
  • idea of having an innovation team out in the woods away from the hustle bustle of business allowed for creativity
  • best ideas come form  the factory floor, lunch brainstorming with salesman and face to face
  • marketing takes over
  • or salesman takes over
  • opposite to lab in the woods
  • not product specialist... you need both scientist and salesman
  • senior management disconnected
  • sit in corner of office and make decisions
  • sears was larger, built worlds largest tower in Chicago

Thursday, February 3, 2011

John D. Rockeffeller notes

  • write down what you make and spend every single day.
  • child voted most to succeed
  • grandfather first billionaire, but were criticized about how they spent it
  • everyone said that his grandfather went beyond the law to get rich
  • name known as ruthlessness and oil
  • their name was always ment as power and wealth
  • the oil was so good and booming, had everything named or to do with oil
  • oil was in streets and in the air, rough and uncomfortable in life as anyone can imagine
  • born in new york 1839, mother was a baptist, husband was a small time con artiest
  • he wanted to control things his way
  • to write it down and know all the money helps you be more respective of money.
  • ledger a was when he recorder every thing like pennies.
  • in 1865, he went into a partnership with Samuel Andrews.
  • $100,000 driller--> refiner
  • the cheaper it costs, the greater it's profits.
  • the company grew by building up refineries.
  • bought out competition by offering his stock.
  • never lost his deep commitment to religion.
  • Rockefeller in 1882 moved his company to New York.
  • paid for a black woman's freedom
  • established a college for black women in Atlanta.
  • In 1889, he donated $600,000 to a college
  • the only reason he gave lots of money because he had a sense of responsibility to use his money intelligently.
  • he became the perfect example of capitalism gone mad.
  • he own a portion of 34 companies.
  • handed over his business to his son.
  • ledger lasted for 2 generations
  • he had a nervous break down and gave up his work.
  • Rockefeller died 3years before he was 100 years old

What i learnt was that they were a very rich family. They were very involved in the oil stuff, and that they become so famous for creating the ledger were you write down everyhting that you make and spend, to help you appreciate what the value of money really is.  The ledger in the family only lasted 2 generations at the most.

summary on richard branson

What i learnt about Richard Branson is that he was dyslexic, dropped out of school when he was only 15. I found out that you dont really have to be smart or have alot of money to start a business. He had a record company and when it was at the highest point he sold it to someone else, Napster than came along and created more money for him in the end. So in the end Richard Branson was very successful, and has created so many different successful business.

  • an unhappy customer will tell ten people about a problem, while a satisfied customer will tell only four people about a good experiance.

Wednesday, February 2, 2011

Richard Branson

  • Well what can i say he has his own company, some that are today with it is:  radio, credit card, mobile, jewelery, holidays cola, vodka, and many more.
  • if you can run one company you run any.
  • you can learn from past experiences
  • there is a very thin line between success and failure
  • sold record company at its peak value Napster came along better and invested into his air line. 
  • total revenue: 35$ billion
  • employee's: 55 thousand
  • he created a space ship that people will soon be able to go into space
  • dyslexic no understanding of school,
  • if not interested in something wont grasp it
  • left school at 15/ dropped out.
  • he was about 50 years old and just learning what  net and gross pay is.
  • mother pushed him out door in elementary school told him to go 5 miles to find grandmas house
  • went to prison before he became an billion air
  • being a Father is very important to him
  • extreme wealth--- extreme responsibility
  • clinics in Africa and giving out free meds
  • 56 years old
  • legacy: live life to its full. make a differance if you can