The hidden costs of feel-good stocks

The hidden costs of feel-good stocksThe stakeholder-shareholder debate in finance has narrowed down to a false dichotomy between good capitalism and bad capitalism. Good capitalism means funding green energy to fight global warming, while bad capitalism means investing in fossil fuels, tobacco, or other “sin stocks.” However, the economic downturn should be a wake-up call to investors regarding the hidden…

Municipalities have options to cut taxes

One solution to help struggling businesses and families would be to cut property taxes

Municipalities have options to cut taxesBy Colin Craig Secondstreet.org and Franco Terrazzano Canadian Taxpayers Federation In addition to COVID-19, Canada has two major problems we must grapple with: high unemployment and high government spending. While many families are currently struggling with job losses or lost income, there are signs Canada’s economy could face even more challenges. A recent Canadian Federation…

Does praying for customers and staff make a difference?

While it’s difficult to determine whether prayer works for our customers and staff, research shows that praying is good for our health

Does praying for customers and staff make a difference?Sometimes I catch myself thinking about my clients or staff and saying a quick prayer for them. It’s a habit I’ve fallen into over the past 35 years of managing people and running businesses. I wonder if it makes a difference. The reason I can’t say definitively whether prayer works is that I haven’t seen…

Wealth taxes cripple economic growth

Blocks entrepreneurship, economic growth and jobs

Wealth taxes cripple economic growthThe introduction of a wealth tax in Canada is a recurring subject that has drawn new interest during the current COVID-19 crisis. It’s a temptation best ignored. In the 2020 throne speech, Prime Minister Justin Trudeau said, “The government will also identify additional ways to tax extreme wealth inequality,” arguing that it will help the…

Three key elements to succeed in sales

Treat others the way you would like to be treated, know why you’re selling and put together a good plan that you’re willing and able to follow

Three key elements to succeed in salesLike many entrepreneurs and sales professionals, I’ve been selling since I was a teenager. Over the years, I’ve hawked worms, newspapers, pins, chocolate bars and books door to door, knives and lamps on street corners, vitamins and herbs in retail and online, and, eventually, advertising, as well as coaching services and training to companies. I…

Three things you can do to accomplish more in less time

Life’s too short to occupy most of it with frustration and busyness. Tackle the stress by prioritizing, delegating and meditating

Three things you can do to accomplish more in less timeMany of us feel crunched for time. We have a variety of activities and tasks that seem to need our attention on a regular basis. Whether it’s getting kids to school, managing family activities, preparing meals, as well as getting our jobs done, sitting in on video meetings, or dealing with an ever-growing stream of…

What to do when your board members go rogue

Some board members think their position gives them extra power and privileges

What to do when your board members go rogueJenny was in tears. As the executive director of her organization, she was at her wit’s end and said she was ready to quit. She confided in me that one of the directors was going directly to one of her staff members, telling him he would be fired unless he complied with the director’s request,…

How to increase your personal business performance

Performing at our best all the time can seem like a challenge unless we move the goal posts and focus on learning, fun and clarity

How to increase your personal business performanceThere were only three days left before I had to have the program ready for my team. I had been putting off working on the project until it seemed like the last minute. I could feel the pressure building internally and I wasn’t sure I was going to be able to deliver. Working to deliver…

Are you suffering compassion fatigue?

In the midst of the pandemic, a great deal of pressure has fallen on managers. Here are some tips to help deal with the increased stress

Are you suffering compassion fatigue?Lucy is a manager who oversees a large team of sales reps. Like many other organizations, hers quickly made the transition to work-from-home. It was a new experience for a team used to working from their downtown office. Lucy used to be able to monitor her team with regular walk-arounds and check-ins. She had a…
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