Levi Giebrecht - Spa Utopia

• he was in his early 20's and he was drifting he didnt know what he wanted to do
• Although he did come from another country it made it difficult for him to graduate high school which he continued on later in his life
• he was born in south america
• He had learned that you need a partner you can get along with and someone you like
• You want similar values
• There will be a lot of issues except you need to keep looking
• His business started with two investors who invested $6000.
• you find a partner you like
• his partner in business was a very close friend of his
• All of his company memebers was a former CA
• Friends can be a problem although they knew eachother and the kind of issues that they would face.
• if your going to get into something you have to be passionate about it
• and if your not passionate you wont make it through the tough times
• they wanted to make sure that they are very passionate about people
• It was important that customers knew they were going to be treated the best
• Because with competiotion if your not the best you wont be the resurant or spa people go to
• Its about making people feel happy
• every year he took all of his employees on a trip

Triumph of the nerds

• Paul alan has 8 billion dollars has to spend freely
• He had partnerd with bill gates to create microsoft
• Every type of computer spoke a different machine language
• nerds wanted their own computer from the very begining
• Intel invet the microprocessor
• They power 85% of the worlds computers
• Gordon Moore is one of the co- founders of intel
• intels microprocessors had enough power to run their own computers
• The altair 8800 was the first microchip that was a computer kit
• Ed roberts ran a computer company
• Nerds formed clubs to talk about their new toy
• 20yrs after finishing the fist altair Paul alan returned adn made the altair chip work

Entreprenurial Seminar/ Innovation

The Golden Rules of High Speed Innovation:

• Necessity to act
• Do something!
• "We did it because we belived we had to."- Larry hillblom Co- founder (DHL)
• Nessecity to invent / act
• create crisis and urgency
• Feeling the genius of the average workerr
• Do something, anything better each day

Create Urgency.

• Stever Jobs at apple. Create high expectations... known for demanding... results in high stress.. but strangely high inspiration in its employees.

Feel the genius of the average worker.

• 90% of the workers are average.. honda goal was to get 1 idea per month from 90% of average worker.. the results are miraculus.

Do Something, anything better each day.

• Jim Pattison.. Starts all meetings early

Love what you do and get good at it.

• Sarsh breeedlove walker
• Walker manufacturing
• first black millionaires 

Find something to improve, some process to speed up.. something small or big.

Shark tank: Mr Tod's Pies

• A show where entreprenurs go to try to get loans from other people to grow his business
• Mr. Todds pie factory is a business and there is a big demand for sweet poatoe pies in north carolina
• the sell over 3000 pies a day
• he offered them 10 % of the company for $460000
• He got 850000 on sales in pie he sold a million last year.
• Half of his profit is from his sweet potatoe pie
• He values his business at 4.6mil dollars
• His sweet potatoe brings in 94 % of his wholesales business
• Although he has 34 other flavors
• he started off too big too soon and lived in his car
• 6-7 years later he has two loactions
• He advertises pies for good grades
• In order to get what he wants he has to give up half his company
• It saved his businees although he had to give up his business

The strengths of thus business is that he had advertising that applied to children, persuasive in a way where he wanted to show that he had a care for his company that he wanted to become a part of the business.

The weeknesses are that he had a lot of extra expenses and that he had spend his money in a sense very carelessly.
His first offer was that $460000 for 10% of his company and then the offer changed to $460000 for 50%

Arnold Swarchenager

• Arnold knew what he wanted to do from the very beginning
• was born in 1947
• he was the second son
• lived in a 300 yr old house
• he loved out doors and ice skating
• His dad was a perfectionist and expected much from his father and often favored his older son over arnold
• His parents were much more strict, and he wanted to prove he was very good
• He craved recognition
• He saw body buliders and was in awe, he knew he found his passion
• No beleived that he could do that he could be a big body builder
• He thought he had to sustitute the feeling of pain over the feeling of pleasure
• he had a trainer who introduced him into new ways of being a body builder
• He dreamed of being on onscreen adventures
• He wanted to become an actor after he became a body builder
• He would work out for hours , and once had colapsed
• His parents called this an obsession that it wasnt realistic
• hard work and self confidence were apart of his working out
• Peiople often admired arnold his humore and smile and laugh was contagious to others
• He enter the austrian army , his parent thought it would cure him of his diesase
• He went awall in the army and went to a body building competiotion
• Arnold tried to sneek back itno camp and was thrown in jail for 7 days
• He had gone from 200-225lbs of muscle by the end of his service
• He was a small town boy overwhelmed the the busy city
• He won the 1966 mr. Europe contest
• Arnolds unshakeasble confidence made him compete in the mr universe conmpetiotn and won 2nd place.
• When he returned to the second Mr. Universe at the age of 20 he became the yougest mr universe in history.
• He entered the professional body building empire.
• Arnold was crushed in america americans were more defined and leaner the arnold he confidence was shot.
• Arnold had a mentor he went to gold gym wehere the top body builders went
• Joe Weilder was his mentor and taught arnold about business, he started little mail order and tips on how to become big and bulky.
• He had to have joy in everything he did
• In 1969 he won his first mr universe title
• His childhood idle was reggie park
• Arnold was very much ahead of his time
• His brother was killed in an automobile accident
• His father died of a stroke never seening his youngest son's acheivments
• When he won his last body bulder trophy he called his mentor wanting to do kore than body buliding
• "hercules goes to new york" was his first movie
• despite his postive attitude he had alot going against him that he had nothing to go for him
• he took acting classes
• Sally Fields worked with arnold and believed he was going to be a star
• Arnolds on screen charisma was hard to resist
• He studied a business adminsitration coure in college
• He wanted to be a movie star but wanted to have something more realistic and intellectual
• He fell in love with john F kennedy's neice, but they came from 2 different worlds
• Maria introduced him to the special olympics
• He felt  inspired by that
• He spend a year training working on his speech
• "Konan the barbarian" ranked in over a million dollars  
• The treminator was one of arnolds best movies and he suited the rold completly
• He was more of a working class hero
• He was definatly destined for stardom
• he had been naemd international star of the year
•  Arnold purposed to maria
• On april 26, 1986 married Maria.
• People describe the wedding like a movie
• Arnold and maria were very devoted to their family.
•  He went back and visit places and people he knew at the very place his dream had started.
• Many beleive that best is yet to be.

Arnold is a very humble person. He never really let himself get to the point where he thought he was better than anyone other than in competition.I learned from arnold that, even when to be constantly put down and for no one toi have faith in you means to keep trying that to never let yourself ghet to where you feel there is no point in trying. He was a fantastic role model health and emotional wise. Arnold took everything as a learning experience and his parents had called his body building as an obssesion but arnold did not give up. He always had a goal and did everyhting he possibly could to acheive his goal, He is an amazing role model for children today. He went back to school because arnold knew he needed something to fall back on and thought that he wanted some sort opf support system. Arnold was a very humble smart man, and an amazing role model.

Canadas Top 100

Telus Corporation

1.Why were they chosen?

They provide maternity leave, top up payments to employers who are new mothers, Also give access to emergency daycare services when needed.

Manages a formal work from home program which lets their employees to work from home.

Helps older employees for retirement and retirment assistance and planning, also a defined contribution penison plan.

2.Employer backround

• Telus is the second largest telecommunications company, provides data internet and voice and wireless communications.  
• dating back to 1906 and in 1999 became the largest telelcommunications company in western canada and second largest in the country.

3.Physical Workplace

•  Telus has an exceptional workplace, located in the center of industrious robson street, being located only minutes away from public transportation, restraunts, shopping centers and recreational centers as well.

4.Work atmosphere/communications

• The work atmosphere is very rated as very good and dress business casual. Can listen top music while working and are able to attend social events.

5. Financial Benefits

• Individual salaries are reviewed every 12 months. Telus provides signing bonuses for some employees; new employee referral bonuses (to $1,000 for some positions)

6. Health

• The company has separate health plans for its union and non-union employees.  Additional family/riendly benefits include: post-secondary academic scholarships for children of employees, flexible working hours; telecommuting; shortened work week (fewer hours with less pay); compressed work week.

7. Emloyee Engagment.

• Employees receive individual performance reviews every 6 months. Managers receive training in how to conduct effective performance reviews.

8.Training:

• Telus' training and skills development program is rated as exceptional. Employees receive tuition subsidies for courses related to their position.

9:Community Involvement:

• Telus' community involvement program is rated as exceptional. Telus supports local, national and international charitable organizations.

Royal Bank

1. Why were the chosen?

•  The place has flexible work hours, has financial benefits, provides amazing maternity leave .

2.Employment Background 

• RBC has over 85,000 employees serving more than 18,000 million personal, buisness, public clients

3. Physical Workplace 

• In their work place there are things like nap rooms and an employee lounge, conceierge availabilities, also has free parking, and places to shower, and theres an onsite doctor and nurse.

4. Work Atmophere and Communications

• They can listen to music while working and they have employee team sports. They also have organized social events, like christmas parties. 

5.  Financial benefits

• There are year end bonuses for all employeesand there is a pension plan of up to 4% of the salary.

6. Health and Family Benefits

•  There is no waiting time before the health coverage begins also as part of the health plan the employer pays 100% of the premiums

7. Employee Engagement

• Employees recieve a review every 3 months, while managers receive training in how to conduct effective preformance reviews.

8. Training

•  Employers cover up to 100% of tution, also finincial bonuses for course completion. 

9. Community Involvment

•  Last year, employees donated over 22,404 hours volunteering with charitable. 

L'Oreal Canada Inc.

1. Why were the chosen?

• Invests heavily in employee training, including tuition subsidies for job-related courses, online courses and international training in Paris and New York.

2.Employment Background 

• L'Oréal Group, is one of the world's leading manufacturers of cosmetics and personal care products
   The company's new head office in downtown Montréal occupies two floors of a modern office building, offering great views of Mont Royal and the city below.
•  

4. Work Atmophere and Communications

• L'Oréal Canada's work atmosphere is rated as very good. On the job, employees enjoy business casual dress; casual dress Fridays; can listen to music while working; employee sports teams; organized social events.

5.  Financial benefits

• Individual salaries are reviewed every 12 months.

6. Health and Family Benefits

•  The company's health benefits plan is managed by Sun Life. The plan is flexible to ensure that employees can tailor their coverage to suit their needs.

7. Employee Engagement

• Employees receive individual performance reviews every 6 months. Managers receive training in how to conduct effective performance reviews. Performance feedback is also solicited from co-workers and other managers familiar with each employee's work.

8. Training

•   Employees receive tuition subsidies for courses related to their position. (Employers pay up to $2,000 in subsidies).  

9. Community Involvment

•   L'Oréal Canada focuses on charitable initiative in support of women, science and education. The company's L'Oréal UNESCO For Women in Science program recognizes outstanding women in research.  

Entreprenurial Seminar

Entrepreneurial Basics

1. Sense of Mission
2. Customer/Product Vision
3. Hight speed inovation
4. Self-inspired behavior

• "The incliunation of my life has been to do things and make things which will give pleasure to people in amazing ways. by doing that i please and satisfy myself." - Walt Disney
• "The managers knew how to manage - but they couldnt do anything." - Steve Jobs -- Apple Computer

Sense of Mission

• Sense of mission: leaving footprints in the sand
• Be exited ! love your business! this is important stuff.
• "Fall in love with your business" (George Tidball, Keg Resturants, Founder)
• what and how
• creating high purpose and high standards

Creating Entrepreneurial Business Plans

• What do i like to do?
• What am i good at doing?
• What does the market need?
• Whar competitive position would i have?
• What Capabilities and cash must i have?
• Matter of survival
• Its not a "project"
• Focus on customers
• Focus on products
• The criteria that count

What went wrong?

• 33% of the excellent companies('62-'84)
• 84% of the 100 biggest companies(1900-200)
• 70% of the fortune 500(1955-2006)
• Bigger is not better
• Started out Entreprenurial became managerial

Life cycle of entreprenurial

1. start up
2. high growth
3. decline
4. surviuval

Seven deadly Sins

• "Everything that has been invented has been invented"
• Charles duell Director US patent office-1899

1. Im okay - you're okay

• this produces terminal inaction
• We are not okay... we are NEVER okay
• Crisis .. and a sense of urgency are necessary for organization of growth.
• Lets be excellent.... Carpe Diem  (seiz the day)

2. One Best way

• Silences workers forever
• Kills innovation

3. Out of touch with competitors and customers

• Your next great idea comes from competitors and customers

4. Centralize Everything

• This is all about controlling things.. is bigger actually better?
• When in doubt - decentralize
• branson; when he sold virgin records... it was made up of 50 different record companies with no more than 60 employees in each.

5. 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 from the factor floor, lunch brainstorming with salesman and face to face meeting with unhappy customers(McD)  

6. Marketing takes Over

• or salesmen take over
• opposite to lab in the woods
• Not product specialist... yuo need both Scientist (product specialist) and salesman (customer specialist) working together.

7. Senior Management Disconnected

• MBA Syndrome.. sit in corner office and make decisons ... disconnect from factory floor, and customer
• Sears was the largest retailer. then it built the Worlds tallest building in chicago.. lost connection to customers. Then comes Walmart .