Showing posts with label startup. Show all posts
Showing posts with label startup. Show all posts

Wednesday, November 17, 2010

Small Business BC

vancouver office space P10105412 150x150 Small Business BC

There was never a business figure around me. So, I had in mind that applying at a company or working for the public was the only way to go. I always thought of business women and businessmen as strong, powerful individuals. They have to study tax law, municipal licensing requirements, think about insurance and accounting, marketing plans and publicity, etc. These issues put me in confusion!

However, I recently heard that my cousin started her own business. She is 4 years older than me and now she has her own dog grooming shop. To me, she was that strong, powerful businesswoman! She is very kind and loves running her business. She’s one of my role models. I knew that she planned this for a while and she did her research. She’s always busy but she looks happier than ever!

Learning is always interesting. Starting a new experience is a challenging treasure in life and we can have good opportunity to study about starting business at Small Business BC .

There are many seminars, for example“Start Smart- Resources and Registrations”- it covers basic small business start-up information and is designated for the client in the thinking stage of starting a business.

Wednesday, October 6th , 2010-9:00am-12:00pm
Tuesday, October 19th, 2010-5:00pm-8:00pm
Tuesday, November 9th, 2010-1:00pm-4:00pm
Thursday, December 2nd ,2010-9:00pm-12:00pm

Cost: $49.00 plus taxes

In addition, there is “Young Entrepreneurship Day-September”. It is a seminar for those between 18 and 35 and interested in business planning and financing.

To register:  http://www.smallbusinessbc.ca/seminars or visit your local office.

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Friday, September 10, 2010

Coworking: Rethink Office Space

vancouver office space bg 300x187 Coworking: Rethink Office Space
The coworking movement is one that has every one rethink how they work. With technology giving us the ability to work wherever and whenever we want to, it then creates a unique situation where we crave for colleagues and social interactions after being cooped up for a long period of time.

“As working from home becomes more and more common for creative professionals – be they freelancers or otherwise – the need for social interaction in the workplace has become increasingly more apparent. While home offices allow the flexibility to do what you want, when you want, it is important to question how our environment affects both state of mind and productivity.”

“By bringing like-minded folks from diverse professions together into one place, you create a very powerful contingent of brain power.”

Read more about: New Workspace

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How we incorporated our business

Must be something in the air but at least a dozen young entrepreneurs have asked me, “How can I go about incorporating my business?”

It is a wonderful thing for the economy when someone decides to venture into the world of entrepreneurship but it can also be very overwhelming.  Sole proprietorship or corporation?  What name should I use for my business?  What logo? Should I trademark my logo?  Incorporating federally or provincially?   It all becomes very overwhelming but thankfully there are FREE resources available to help answer those questions.

When The Network Hub was conceived, my two partners and I were students, so, there was no way we could afford lawyers to take care of everything. Although, depending on your business, you should DEFINITELY be talking to a startup/business/incorporation lawyer.

Jay, John and I have had experience working together and we previously incorporated for our other company so we were familiar with the process.  To register your business name, you have the option of going in person to Small Business BC or submitting your business name online with BC Registry Services.  Now here is the odd thing, you would think submitting would be a 24/7 service – nope, not with BC Registry Online.  BC Registry Services operates from 6 am to 10 pm Monday-Saturday and from 1 pm to 10 pm on Sundays.

We opted to go in-person because we wanted to incorporate our business name. Now, when your company is incorporated, the name is checked against a list of registered corporations in BC to ensure there are no duplicates.  We wanted to consider all possibilities of our company name submission, so that it would not rejected because that means $49 gone to waste and we would have to resubmit.  With proprietorship or partnership, business names are not protected so you can have multiple companies with the same names. (Note: if you feel overwhelmed already, get yourself a good lawyer to incorporate for you)

Once we got the approval letter mailed back from the BC Registry Services, we went ahead and started the incorporating process.  You have 56 days from when your business name is approved to decide on a business structure, otherwise, you have to submit AGAIN for approval – another $49 dollars.   If you have no idea which business structure is right for you – go to Small Business BC, Google it.,or consult a lawyer.

Here is the excerpt from Small Business BC:

  1. Sole proprietorship. If you plan to operate the business on your own, either under a business name or your own name
  2. Partnership. If you plan to operate the business with one or more partners
  3. Corporation. If you plan to operate the business as a separate legal entity, separate from yourself and your personal assets
  4. Society. If you plan to operate a not-for-profit organization, in which any funds or profits will be used only for the society’s purposes
  5. Co-operative. If you plan to operate a business that is owned and democratically controlled by the people who use and benefit from your services

A major difference between a corporation and a sole proprietorship or partnership is that, in a corporation, no individual person is responsible or liable for debt (unless specifically outlined in a contract or legal document for your business). Also, if any members of your business leave or are replaced, it won’t affect the business as a whole and operations can continue, uninterrupted.

For us, we chose to incorporate because of liability protection and tax-benefits.   You have two choices when it comes to incorporating:  self-incorporation online at Corporate Online or consult a lawyer.   While we would have loved to have a lawyer to take care of this process for us, it wasn’t possible with all the expenses of starting up a business. So, we decided to register the business ourselves.

vancouver office space bc incorporation guide large 254x300 How we incorporated our business

With the help of the Incorporation Guide for British Columbia by Self-Counsel Press for $19.95 and about $350 to incorporate online, we were officially incorporated.  Check out Self-Counsel Press for other forms such as Legal Forms for Incorporated Business.


Please note:  This is NOT legal advice. If you require advice, please consult a lawyer!!

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The Power of Emotion

As entrepreneurs, we invest so much time in the product that we forget sometimes successful products make an impact on the heart more so than the mind of consumers.

A feature can always be matched. A claim can always be mimicked. But an emotional sweet spot is something your brand can occupy all by itself.

Read more here: Brands: The Power of Emotion

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Monday, December 7, 2009

Should you have set business hours

When you run a brick and mortar business like a coffee shop or a grocery store, it goes without saying that you likely have set business hours. These hours are typically posted on the door and customers know exactly when they can expect you to be available.

What happens, then, if your business is primarily online or you operate on a “by appointment only” basis? The assumption that many people seem to have about freelancers and other similar professionals is that they are always “on the clock” and, as such, they are always available to be contacted by current and prospective clients.

There are certainly both advantages and disadvantages to setting standard business hours for situations like this. By having set business hours, it is much easier to achieve a healthy life-work balance, because it is much easier to leave work at work and home at home. This balance can be further enhanced by renting office space outside the home, rather than working out of a spare bedroom. To some, set business hours can also help to legitimize your company.

On the flip side, doing away with conventional business hours can also have its perks. One of the more popular reasons why some people choose entrepreneurship in the first place is the ability to have a more flexible work schedule. Set business hours can feel restrictive by comparison.

Having a more open schedule may mean that you may have greater opportunities to capture a potential sale, both at 3am and 3pm. On the other hand, clients may expect near-instant email responses at any hour of the day and they may even call you during what you consider personal time. The lines blur considerably.

In the end, it is largely a personal decision whether or not you should have set business hours. The best way to find out would be to give both configurations a try, seeing which you favor more.

About the author: http://michaelkwan.com" target="_blank">Michael Kwan is a professional freelance writer based out of Vancouver, Canada. He can be found blogging at http://btr.michaelkwan.com" target="_blank">Beyond the Rhetoric.

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Sunday, October 25, 2009

Before you launch; things to consider before opening a business

For years I’ve worked with entrepreneurs as they go from bright idea to start-up business. Some people agonize over whether or not to launch. Others become reluctant entrepreneurs by inheriting a business or due to the sudden need for additional income. The decision to open a business can be complex both personally and professionally and for this reason the pre-start-up issues occupy a great deal of time in my introductory workshops. Start by asking yourself some questions. First, why are you starting this business? Is this an outgrowth of another career, do you have the “better mouse trap” the world is waiting for, or are you seeking a new stream of income?

Before opening a business there’s a lot of homework to be done. You need to thoroughly research your industry and your competition. After you launch is the wrong time to find out you don’t know who your target market is. Whether or not you plan to seek outside funding, your financial house should be in order as well. Your business plan should include a realistic view of projected cash flow and you need a good understanding of the responsible use of credit.

Do a personal assessment of your skills and talents. How are you going to fill in the gaps in your skill set? Most successful entrepreneurs have team around them to provide the specialized knowledge and abilities outside their core business talent. You will have to budget for and pay for some of these experts to do things like set-up your books or file your taxes. What’s your business model? Some businesses require you maintain an office, while others can be operated totally online. Are you looking at renting a storefront or will virtual office space be smarter? Location and communication methods are dependent upon knowing your market and how and where they shop.

The self-employed are some of the happiest people around. But like any major life decision you need to think carefully before taking the path of entrepreneurship. Consider how running a business will fit into your life and how you will pay bills during the start-up phase.

About the author: “Karen Southall Watts 

has been training and coaching entrepreneurs for over a decade. She teaches business courses for Bellingham Technical College.”

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Monday, October 12, 2009

Sharing Library Resources: Yet Another Benefit of Coworking

I have a small library at home, but I prefer to separate my home from my work and thus had to bring those books to my office at The Network Hub. Recently, I brought a few books to my office that are particularly relevant to my work.

When I first moved to The Network Hub, it surprised me a bit to learn that the shared office space has a small area with books. Given that The Network Hub has an open space floor plan, anybody from the group of entrepreneurs and companies hosted here can access those books. Obviously, the honor system (where you take a book and you bring it back) works well in this particular coworking space.

Books, magazines and a variety of learning resources are an integral cornerstone of university libraries and research centres. Individual research and teaching departments (like Linguistics, Political Science, Geography) usually have a reading room where graduate students and faculty can access books, journals, magazines and other learning materials that may either be in high demand at the university library or simply, more relevant to the area of study within the department.

It hadn’t dawned on me how important it was to share library resources amongst entrepreneurs until a couple of days ago, when Amin (another entrepreneur whose company has offices here at The Network Hub) asked me if he could borrow a book of mine. And at that point (yes, recently, just a few days ago) it became clear to me that being able to access a collective pool of learning resources (including books/magazines/journals/articles) is yet another benefit of coworking.

About the author: Dr. Raul Pacheco-Vega is a Vancouver-based researcher, educator and consultant in the environmental public policy field. He conducts research in water governance, urban sustainability, comparative environmental policy and economic geography. Dr. Pacheco-Vega’s consulting studio has a home at The Network Hub.

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Sharing space with other entrepreneurs leads to synergy

Synergy — The interaction of two or more agents or forces so that their combined effect is greater than the sum of their individual effects.

There’s more to shared office space than a business bargain. Not only does investing in a shared office space save you money it provides you with lots of intangible benefits. If you are going to compete in the competitive Vancouver market, you need to be at your best. An isolated entrepreneur loses his or her edge in communication skills.  It’s impossible to sell your product or ideas if you never practice the language of business.

Shared office space gives you a built in group of colleagues who can act as sounding boards and moral support.  You can do more business from a shared Vancouver office space because you are working in the heart of the business community.  Association with a group of carefully vetted tenants like those at The Network Hub gives you access to a dynamic networking group as well as their varied talents. Successful entrepreneurs need teams; the days of “wearing all the hats” are over.  A shared Vancouver office space can cut down on the time you spend searching for expertise in areas outside your core business.

The perfect partner or collaborator could be sitting at the desk next to you.

About the author: “Karen Southall Watts has been training and coaching entrepreneurs for over a decade. She teaches business courses for Bellingham Technical College.”

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Answering services keep customers happier for mobile entrepreneurs

Telephone tag—that annoying thing that happens when you and your customers call and call and never connect. Wouldn’t it be wonderful if your customers could leave a message with an actual person? Think of how annoyed you are when you need to leave a message and you end up listening to a recorded voice. Well your customers feel the same way.

The Network Hub can help you avoid losing customers because of telephone tag. People are far more likely to leave a message when they get a real person on the phone. This means thatlive answering services from The Network Hub can get more of your customers to leave messages for you—giving you the chance to follow-up with them. Discouraged customers who hang up on your voice mail mean lost business and lost dollars. An answering service can be especially beneficial for mobile entrepreneurs. If your business has you traveling all over Vancouver, Canada or even farther, professional answering services allow you to still be “there” for your customers.

Flexibility is a key to success as an entrepreneur, and The Network Hub provides additional phone services designed just for entrepreneurs who need scheduling and meeting room access. No more telephone tag and no more hunting for a coffee shop that’s quiet enough for your meeting.

About the author: “Karen Southall Watts has been training and coaching entrepreneurs for over a decade. She teaches business courses for Bellingham Technical College.”

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Coworking and knowledge spillovers: When does being in close proximity help?

The concept of coworking isn’t really an original thought. Humans have a gregarious nature, gathering around the dinner table to break the bread and share meals. The same can be said about coworking. People like to work around others, particularly in an environment where the risk of office politics is much lower. A shift in the economic production paradigm from an industrial to a knowledge society has also contributed to the popularization of shared office space that can be rented by the hour, the week or the month.

Coworking has gained more traction in recent years (some argue thatBrad Neuberg created the first shared office space in San Francisco), particularly with increasing telecommuting options and the rise of a whole new breed of entrepreneurs. While sharing office space with other impresarios can be seen as one of the world’s greatest ideas, the pure geographical proximity does not guarantee that cross-pollination and knowledge-sharing will occur.

Research in the field of economic geography (by the way, economic geography was the main theoretical lens of my doctoral dissertation) has found that for knowledge spillovers to occur, geographical proximity is a necessary but not sufficient condition. In the case of coworking spaces, having like-minded entrepreneurs can have a very positive impact in the general morale of each individual, some cross-pollination and sharing of ideas. However, I believe that a necessary condition for coworking spaces to succeed in fostering knowledge spillovers is to offer a foundational framework (in the form of formal or informal rules or guidelines).

Another great way to encourage the sharing of ideas in a coworking space is to organize monthly/bi-monthly gatherings where like-minded individuals can mingle and exchange thoughts on potential business ideas. It’s important to realize that just by “being there” (e.g. sitting in close proximity) does not guarantee that we will learn from each other. We need to take a first step.

About the author: Dr. Raul

 Pacheco-Vega is a Vancouver-based researcher, educator and consultant in the environmental public policy field. He conducts research in water governance, urban sustainability, comparative environmental policy and economic geography. Dr. Pacheco-Vega’s consulting studio has a home at The Network Hub.

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Leaving the kitchen table

When should you move from your home into office space?

In the early stages of your business when you are working out of your house you can keep your costs low and spend time making absolutely sure that entrepreneurship is the path you want to take. However, most entrepreneurs wake up one day, look at the pile of files spread all over the kitchen table, and wonder if it’s time to move into real office space.

Growth is the best reason for moving into new digs. You are seeing more clients or selling more products and the cash flow is good. Expanding out of your home office and into regular office space at this time helps to solidify your growth and sets you up for the next phase of business. Getting out of your home and into a dedicated space allows you to focus clearly on the core of your business. You will find you can be more productive without the distractions of television, family interruptions and unplanned visits from well-meaning friends.

“Real” office space can provide a boost to your image and marketing efforts. If you are meeting with clients, suppliers and colleagues in a room with a view to your laundry, you are not making the best impression you could. Clients expect to talk with you without hearing your children crying or smelling your pets. Image is especially important for solo entrepreneurs; you are your brand.

Shared space situations, like business incubators, provide a way for you to have real office space and to share in amenities like reception and mail service. Entrepreneurs who use shared resources can create a more professional and polished image than they would otherwise be able to afford. An additional benefit of getting out of your home office and into regular office space is increased visibility and networking opportunities. Getting out of your house and into an office can be an important step to becoming fully integrated into the business community.

About the author: “Karen Southall Watts has been training and coaching entrepreneurs for over a decade. She teaches business courses for Bellingham Technical College.”

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Being a WOMAN entrepreneur

There are moments you reflect back that are monumental moments that shifted your paradigm but at that moment you didn’t realize it. I had one of those last week at PNE of all places. Growing up I remember walking around envious of the big toys that people win playing games. As a young girl, I don’t know how this got in my head but the norm for me was a guy was supposed to win it for me (although my parents were huge advocate in me being independent and self-sufficient). It was against some sort of rules of nature to have a girl win by herself or she was incapable of doing so.

As I walk around with my friend with Elysia and after we ate everything in sight, we played some games. We played the easy games – whac-a-mole, fishing a fish and picking out some cute little ducks to win some small toys. As we were about to leave, there was a bunch of guys gathered around the test your strength game, the goal is to whack the base of the game with a mallet as hard as possible to ring a bell. As I watched guys after guys attempting to ring the bell for the big toy, they walk away with sad faces and small little toys. I thought what the heck… why not? My friend tried to talk me out of it because 1) I was wearing a tube dress, 2) I dressed like “an old woman” – her words not mine, and 3) there were too many guys watching. There was something inherently wrong about a girl wearing a dress (outwardly feminine) challenging the guys perhaps but whatever, I didn’t care about embarrassment. We were passed that after my eating marathon. Handed my $5 dollars and took a swing. At my first try, I rang the bell… the second and third try I did even better. I walked away with the biggest toy. I even heard one guy yelling to another guy, “Dude, the chick did better than you!”

Picture 040

As I walk away I thought of a quote by Dr. Maya Angelou “You did what you knew how to do, and when you knew better, you did better.” I didn’t need any one to win me anything, I can do it myself. While it took me 27 years for me to realize it – to the young ladies in my life who think they need to compromise their feminine qualities to “act like a man” to get further ahead or to rely a on guy to give them permissions shine, forget it – find your passion, follow it and do it on your term.

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The Style Spy - Erica Lam

In the business world mostly full of men, I am always excited to meet fellow female entrepreneurs.  I am very honoured to count Erica as one of my friends but our relationship is a bit more special, she was the very FIRST tenant when The Network Hub opened.  She is fierce, glamorous, stylish, charismatic, powerful but she does it all with heart.  In her pink lipstick, perfectly curled hair and her trendy garb she controls the situation whether it is in a business situation or an event for a thousand plus people.  Whether it is commanding attention in the board room or fighting for that last pair of Manolo, she does it with style – she is The Style Spy afterall.


1. Tell us what you do
Where do I start! I run the editorial arm of TheStyleSpy.com, a popular fashion/shopping blog. I work with a team of talented freelance writers, keeping women in Canada in-the-know on the hottest fashion trends, beauty must-haves and sales & deals going on around town. I’m a city expert on all things shopping. TheStyleSpy.com also hosts a monthly fashion segment onCityLights on NovusTV. I also run a marketing arm under The Style Spy Media Inc. I work with fashion retailers and shopping centres on their marketing, whether it be interactive shopping events, marketing campaigns, public relations or social media initiatives.


2. When and why did you decide to be an entrepreneur?
Just over three years ago. I had worked a few jobs post university in marketing and sales. One day I started the TheStyleSpy.com blog by suggestion of a co-worker, my concept was shopping for everyday girls. Fashion has always been reserved for the elite, I always felt that fashion should be more accessible, cause reality is, most of us don’t shop in the pages of Vogue and we do shop at chain stores and try to duplicate looks for less. Once I started the blog, it became a bit of an obsession. I thought “how could I make this a business?” – how could this passion of mine, be more then just a hobby. That was three years ago. It’s been nothing short of amazing. I honestly didn’t exactly know how I was going to make money. Sure there are advertising dollars associated with the site, but I don’t have numbers like PerezHilton.com, so I definitely had to be creative to find ways to generate revenue. I realized my strength was the loyal network of female shoppers I had built. So I started to doing events with companies likeThe Bay and Richmond Centre, driving my audience and others through social media to events and promoting their brands. I execute the events or marketing campaigns with no traditional advertising dollars – utilizing FacebookTwitterthe Style Spy network and doing traditional public relations on behalf of my clients. It’s worked out well, with companies wanting to take chances with smaller companies and wanting to find creative ways to engage their audiences. My clients have included the aforementioned BayRichmond Centre, as well as Metropolis at Metrotown, the Yaletown Business Improvement Association and boutiques like IsharaFine FindsOrb Clothing and Wink Beauty Lounge.


3. What was the most challenging aspect of being a woman entrepreneur from your perspective?
I’ve been very lucky in this aspect. My audience is also female, which allows me to relate and understand them well. I also work with a lot of decision makers who are female and it’s worked my advantage. They often relate to me and see me as the very demographic and market they’re trying to reach. Giving me an inside edge, cause who better to speak to an audience then someone who is part of it.


4. What is a key personal attribute you see in successful entrepreneurs?
Determination. There will be many obstacles placed in front of you. Being an entrepreneur, and a successful one at that, takes lots of hard work, perseverance, determination and a bit of luck. There will be many moments when you wonder why you are doing this, but those who succeed are those who keep going despite the hurdles. I believe the journey is also part of the story, if it were easy, everyone would be doing it.


5. Any advice you would like to give to someone contemplating a start-up?
Do your homework, always educate yourself. I read countless blogs, from fashion to tech to small business. You want to be in on the action, always in-the-know. Networking is also huge. You could spend countless hours studying something, but if you know the right people – it can take you there that much faster. Be humble. I find lots of “pseudo-entrepreneurs” get caught up in the whole excitement of being an entrepreneur and lose sight of what is really the nuts and bolts their business. It’s really about the business, not the fame of being an entrepreneur. Lastly, bootstrap it. There are lots of things I spent money on that I wish I hadn’t. At first, you just have to make do with the basics and forgo the fancy office, spend wisely.

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Followformation – Brian Wong

Some of the best people I have met are through random introductions. Brian Wong was introduced through a mutual acquaintance of mine and after five minutes of meeting, I was completely fascinated by his endless amount of energy, enthusiasm and all of that on two hours of sleep. Even more fascinating is the company he has started with his co-founders and what they are up to right now.Followformation is a media darling at the moment as they are the start-up company from Vancouver that is making big waves in the social media world. If you don’t believe me, at the end of the interview there is a list of the press coverage they have garnered so far!


1. Tell us what you do.
Right now, I’m the co-founder of Aer Marketing Inc., an online start-up. We are the dudes behind Followformation.  I am responsible for the ideation, the design concepts behind all our work, and business development (i.e. full-time networking) + anything else that needs to be done.


2. You just finished university, how did you find the time to run Aer Marketing and also startFollow Formation while dealing with exams plus an internship with 1-800-got-junk?
I tell people I practice polyphasic sleeping, but the real truth is just that I sleep very little. I would my manage my time by following what Tim Ferris would call a low-information diet, while separating certain parts of my day for certain things. Followformation was started during the summer, so it was a little less stressful then. But near the end of my last term at university I was working my internship during the mornings and early afternoons Monday, Wednesday, and Friday, going to classes in the remaining time during the day, and allocating “aertime” every evening between play-time and dinner to work on our projects.


3. What was the most challenging aspect of being a young entrepreneur from your perspective?
Young and old, I think the hardest challenge is to “keep trucking” – there are always things that get in your way, and every day, it’s a battle. All I know is that this work has empowered me as a youth to go out and learn new things and meet and work with amazing people – things I would not have been able to experience had I thrown myself at a yawn-worthy line of work.


4. You have had a ton of press lately from the Georgia Straight to the highly sought afterMashable.com, what was the biggest reason for your success with getting press for your company?
Mashable was a complete fluke, but I took it upon myself to leverage that buzz. I have been up very early every morning since then hitting journalists on their blackberry’s and iPhones right before they hit the office. I’m actually pretty bad at it though. The other big reason is, and I hear this a lot – if your idea or concept at its core is not sticky or buzz-worthy, pushing it can only go so far. I think all the blog posts and tweets are a good litmus test for that.


5. If you could go back in time, what advice would you give yourself regarding your business?
Don’t assume that everyone’s on the same page even when they’ve nodded their heads.


North America Press Coverage

Mashable: http://mashable.com/2009/07/14/followformation/
Fast Company: http://www.fastcompany.com/blog/chris-dannen/techwatch/super-charge-your-twittering-followformation
The Examiner: http://www.examiner.com/x-11216-Twitter-Examiner~y2009m7d16-Alltop-model-for-Twitter-from-Followformation
Killer Startups: http://www.killerstartups.com/Web-App-Tools/followformation-com-make-following-make-sense
InventorSpot: http://inventorspot.com/articles/migrate_followformation_30351
Blogger Institute: http://www.bloggerinstitute.com/2009/07/how-followformation-helps-your-blog/
Local – Techvibes: http://www.techvibes.com/blog/followformation-makes-sense-out-of-following-on-twitter
Local – The Georgia Straight: http://www.straight.com/article-241644/followformationcom
Local – Sauder School of Business Newsletter:https://secure.sauder.ubc.ca/360newsletter/20090716.htm


International Press Coverage

Brazilian business magazine: http://www.papodeempreendedor.com.br/tecnologia/para-tirar-melhor-proveito-do-twitter/
French social media blog: http://www.tubbydev.com/2009/07/qui-et-comment-suivre-sur-twitter-.html
Singapore top Tweeter blog (@techxav): http://techxav.com/2009/07/16/followformation-lets-you-follow-the-top-people-in-the-areas-of-your-interest/

 

And all the rest of our blog hits: http://blogsearch.google.com/blogsearch?q=followformation

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Design Vetica – William, David and Alex

Starting a company is hard but it’s even harder when you are in high school! So if you have excuses such as – I don’t have the time, I don’t have the money, or I don’t have the connection to start my business, team Design Vetica will blow all those excuses out of the water. They are young, they are determined and they are having fun working on their business.  Follow the team on twitter @designvetica.


Design Vetica


1. Tell us what you do.
Design Vetica is a Vancouver based interactive agency dedicated to web design and media production. With our core service being web design and development, we work with clients across all kinds of industries to aid them in staying ahead of the competition. Not only do we emphasize on businesses, we also create websites for individuals who want an online presence. In addition, within the next few months, we look forward to adding new media services offerings to what we currently provide.


2. What is the start-up story behind Design Vetica?
All of the partners in Design Vetica, before establishing this agency, have either worked as freelance web designer/developer, or have built some websites themselves. Most of the projects they received were referrals from friends; but long before that, they have done multiple projects for themselves. Recognized by what they can achieve, they were given one of their biggest projects: building their school’s site (and they were paid with school credits). In the following year, William and David started talking about building a company on the idea of web design and media production in IT class. Soon, they pulled Alex into the picture since he was very close in working on previous projects with William. On February 6th, 2009 Design Veticawas born.


3. What was the most challenging aspect of being a young entrepreneur from your perspective as your entire team is still in high school?
Our most challenging aspect of being a young entrepreneur is that we are STILL in high school! People who are not constraint with schoolwork can focus solely on their work (apart from all the other random stuff). However, we, as students have to juggle school work and getting good marks while keeping up with deadlines from multiple projects with clients. This has caused some problems already. For example, we had to drop potential clients during finals. Nevertheless, at times, we encourage each other to keep up our grades in school.


4. To what do you attribute your company’s achievement?
All of us at Design Vetica can attribute our achievements to the individual member in the team. Without such a dedicated and hard working team, Design Vetica wouldn’t be where it stands now.


5. What advices do you give aspiring entrepreneurs, especially those who want to start in high school?
It may sound cheesy, but DO IT; because you never know unless you try. The truth is when we think back to how we started, we were even shocked to find ourselves following such a crazy idea; but we are glad that we did it. Even if your idea fails, use it as an experience because we all learn from mistakes.

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Following your bliss

“Nothing great in the world has ever been accomplished without passion.” – Georg Wilhelm Friedrich Hegel

You have probably heard a million times, follow your bliss or follow your heart which really means do what you are passionate about. What it means for me means casting aside my degree, defying my parents, and leaving a possible career in criminal law – everything that is seemingly concrete and predicable to do something that my heart tells me. Try explaining that to your parents and your peers – my heart is telling me something else and oh yeah by the way, forget what happened in the last 7 years of education and yes that 2 years in law, let’s pretend none of that happened. What I really want to do was with two partners; build a place where entrepreneurs can call their second home.

We struggled and struggled hard. We were MISERABLE as we were all young all still in university with pressure of exams, satisfying demands of current clients for our current business and dealing with family pressure. One of my partners was in Computer Science and another in Chemistry, and I was in Applied Science with a clear path going to Law. None of us knew what constructions look like but we all came to the office after work and school to carry hardwood and drywall to help out the construction workers. We accelerate the construction process from the estimated timeline of 6 months to 3 months.

  

That was 2 and half years ago and we never looked back. The result is The Network Hub. The space is now more than 4 walls and some doors, it vibrates with enthusiasm, energy and passion from the people who occupy it. If I ever doubt my path or have a moment of weakness, all I need is to open the door to soak in the buzz and the vibrations from the people in the space determined to change the world in their own way, completely absorbed in their passion and loving every minute of it.

  

One person in our space who is so passionate about his cause, he is staying up 24 hours to blog to raise funds for the BC Cancer Foundation. Dr. Raul Pacheco has lost 3 family members to cancer, including two of his Mom’s sisters (lung cancer and stomach cancer, respectively) and his grandmother (pancreatic cancer). If this isn’t pure passion, I don’t know what is… please donate generously to Raul. I sure will be as a person who recently lost my uncle to pancreatic cancer.

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