Dr. Bruce M. Firestone, B. Eng. (Civil), M. Eng.-Sci., PhD.
Founder, Ottawa Senators
Entrepreneur-in-Residence, Telfer School of Management, University of Ottawa
Broker, Partners Advantage GMAC Real Estate, Brokerage
Executive Director, Exploriem.org
Blog: EQJournal.org
Twitter: ProfBruce

Incubator: MiniOffice.org

Because EXPerience Counts

Our Mission:

The goal of the LearnByDoing.ca program is to provide entrepreneurialist experience for student entrepreneurs. The program acts as a catalyst for student entrepreneurs who have already:

1. Prepared a business model for review and comment;
2. Presented and justified their start-up;
3. Decided on a HR strategy to deal with marketing, sales, management and technology;
4. Commenced or about to commence operations;
5. Kept or are able to keep appropriate financial records;
6. Able to track and measure performance of team members and the overall business;
7. Can report regularly to their mentor.

What We Provide:

The LearnByDoing.ca program provides:

a) Early stage funding;
b) Mentoring;
c) Incubator space: offices/workstations/meeting rooms/Internet/reception services/mail handling and more (MiniOffice.org).

How to Apply:

To audition, download this form (http://exploriem.org/AuditionRequirementsExploriem.org.pdf) and follow the instructions. For more information (http://exploriem.org/Exploriem.orgIncubatorInfo.pdf), please contact Dr. Bruce Firestone, Executive Director, Exploriem.org: 613.422.6757 x 250 or bfirestone@partnersadvantage.ca.

Some Useful Tools and Links:

- Take the ECQ Test: Determine your Entrepreneurialist Culture Quotient
- Read our Entrepreneurship Blog: EQ Journal Blog
- Follow us on Twitter: ProfBruce
- Get a copy of: Entrepreneurs Handbook

Why the LearnByDoing.ca Program is Important:

Different people learn in different ways and at different times, so a variety of learning techniques are required. This Program, in addition to using techniques such as development of a business model, also supports student entrepreneurs as they start a business, execute on time and under deadline pressure. Their business model must be sharply focused on the methodology and technology of the new business start-up with a view to identifying long term sustainable competitive advantage, its 'pixie dust', if you will—i.e., how the business actually makes money and how it can sustain its position within the industry.

Business models are not just important for commercial operations but are crucial for NGOs, charitable organizations, even government initiatives and programs. Business models provide discipline to your initiatives; i.e., does this activity align itself with your business model? If not, don't do it. Business models also allow you to identify new opportunites and new relationships so that the 'harder you work, the more money you make'. There are plenty of examples out there where the reverse is true; the original Napster, for example.

This Program helps those student entrepreneurs who learn best by actually doing things and experiencing things for themselves.

Student entrepreneurs working with a coach or mentor take more (calculated) risks because they know the coach will help to keep them out of trouble. Coaching or mentorship is recognized in many areas of human endeavor for its ability to foster formal skills development and excellent performance.

Perhaps everyone on the planet should have some type of Personal Business for Life (PB4L). If you would like to read more about this, check out: http://www.dramatispersonae.org/PersonalBusinessesThoughtExperiment.htm and http://dramatispersonae.org/PersonalBusinessForLifeSummary.doc. Here is a story by Ryan North, who started his own PB4L (featuring Talking Dinosaurs) in the LearnByDoing.ca phase of our entrepreneurship program. Mr. North and his team won the 2003 Peter Patafie Gold prize.

It is very difficult to create a successful business and, if you do, you should do everything you can to keep it. It's a 'Build and Hold' strategy and amounts to the difference between getting rich and being wealthy.




Exploriem.org

DramatisPersonae.org

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