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The Toronto Public Library hosts monthly networking events for people who are interested in starting a small business. Most people have not yet started a business. It’s a good opportunity to ask questions and learn from someone who has figured some things out.
Sal Sloan came up with the business idea for Fetching! when she got a dog. She had signed up for a fitness bootcamp, and the combination of exercising herself and walking her dog wore her out. Why not combine the two activities – help people exercise with their dogs? With a $10,000 loan from her parents, Sal started Fetching! by focusing on exercise for people and obedience training for dogs. With early success, Sal broadened her scope to focusing on helping people have active fun with their pets. She has been doing the business for two and a half years, and continues to work part-time on another job. This helps her grow the business organically by avoiding financial pressures.
One of the lessons I took away from the conversation was the power of delegating work to other people. Sal knew that other personal trainers could run sessions much better than she could, so she hired good people whom she could trust to represent her company. She’s looking for someone who can help her with the business side so that she can grow more, too. After I bank some money from this consulting engagement, I might start my delegation experiments again.
The session was an interesting contrast to last month’s meetup with Kristina Chau of notyouraverageparty, who had been in business for three years and who was struggling to scale up beyond herself. Sal has clearly put work into figuring out how to scale up, and it’s great to see how it paid off.
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Kelly Lyons and Isidora Petrovic invited Dave Ley (CIBC), Jen Nolan (IBM), Leo Marland (IBM), and me (… figuring things out! also, formerly IBM…) for the March 12 career panel for the University of Toronto’s Faculty of Information students. People were curious about the job process. They wanted to know what managers were looking for when hiring, and how information graduates could differentiate themselves from people with more technical backgrounds. I was pleasantly surprised to find that I had lots of stuff to share about learning, sharing, working with passion, and getting hired even if you don’t have any actual work experience. It turns out a few people were interested in entrepreneurship too. Yay!
I’ve condensed some of the points from the discussion into this graphic, and the organizers say that the video will be up on YouTube sometime. =)