Category Archives for "Business Models"

Nov 11

Walking Small

By Bruce Firestone | Architecture , Business Coaching , Business Models , Design , Real Estate Investment Coaching , Urban Economics

I talk a lot about animation of individual properties–how to add new revenue streams to your real estate investment portfolio and boost your ROI and property value. But there is a whole other dimension to animation–how can you animate a whole neighborhood, indeed a whole town or city. If you learn something about property animation […]

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Nov 11

Warren Buffett’s secret sauce revealed in a single paragraph

By Bruce Firestone | Business Coaching , Business Models , Entrepreneurship , Finance , Investing , PB4L , Real Estate , Real Estate Investment Coaching

Think about it—Mr Buffett has been buying stock in well-managed, top brands for many decades. These stocks (for the most part) pay dividends, which Mr Buffett used to pay down debt he took on (through his principal investing vehicle, Berkshire Hathaway) to purchase these investments in the first place, which (again, for the most part) […]

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Nov 10

CFRA Experts on Call with Sean McCormick, Bruce Firestone and Dave Watts

By Bruce Firestone | Business Coaching , Business Models , Entrepreneurship , Finance , Real Estate , Real Estate Investment Coaching , Urban Economics

If you missed it, here’s Sean McCormick, expert mortgage broker, and Bruce M Firestone, real estate investment and business coach, on CFRA 580’s Experts on Call along with host Dave Watts… “I listened to Bruce on Experts-on-Call. I really enjoyed it. It was awesome for real estate investors just starting out. I especially liked the […]

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Oct 30

Should Ottawa ban Airbnb if you don’t live there?

By Bruce Firestone | Business Coaching , Business Models , Entrepreneurship , Finance , Investing , PB4L , Real Estate , Real Estate Investment Coaching , Urban Economics

I read Jon Willing’s October 5th, 2019 well-reported article, Ban some from renting homes short term if they don’t live there, consultant recommends (https://ottawacitizen.com/news/local-news/ban-some-people-from-short-term-home-rentals-if-they-dont-live-there-consultant-recommends). I believe the Maclaren Report is flawed, so I wrote the following to the city of Ottawa’s policy people: Dear city of Ottawa, My spouse and I own a home in […]

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Oct 05

Pizza for the people by the people

By Bruce Firestone | Business Coaching , Business Models , Design , Entrepreneurship , Finance , Ideas , Investing , PB4L , Real Estate , Sales & Marketing , Urban Economics

So, you think you know something about modern-era business models? Well, test yourself by examining what chief executive officer Michael Lastoria has done with his fledgling chain of tiny (300-square foot) &Pizza restaurants, which now number 36 locations on the US east coast. Here’s his secret sauce in which he invokes crucial elements of the […]

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Oct 03

How to get free labor to build your next home

By Bruce Firestone | Architecture , Business Coaching , Business Models , Design , Entrepreneurship , Finance , Green for Real , Ideas , Investing , Real Estate , Real Estate Investment Coaching , Urban Economics

[Negative Cost Labor (And Low-Cost Finance)] Sometimes, you can turn a cost into a negative cost. A former architecture student of mine, Dominique Tonetti and her husband, Frank Dutton, are managing to do that on their new project, Solisterra in Québec. Dominique and Frank are building wonderful straw bale structures on a 150-acre property they […]

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Oct 02

Longyards grand opening

By Bruce Firestone | Architecture , Business Coaching , Business Models , Design , Entrepreneurship , Investing , PB4L , Real Estate , Real Estate Investment Coaching , Urban Economics

While it is a long march from humble beginnings to a continent-spanning business operation, if anyone can do it, it’s my friend and coaching client, Chris Long, pictured here with his oldest daughter, Lily, at the grand opening of Longyards at 6571 Bank street in Ottawa Canada on October 1st, 2019. Chris is a trained […]

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Sep 15

How to create your very own high-performing PB4L, personal business for life

By Bruce Firestone | Business Coaching , Business Models , Entrepreneurship , Finance , Ideas , PB4L , Real Estate , Real Estate Investment Coaching , Tiny Homes , Urban Economics

Where do (good) ideas come from to start your own business? Well, if you are Ben Jacobsen, you marvel at the fact that your girlfriend is willing to spend $10 on a tiny package of bespoke table salt. So, he left Europe and moved back to the Oregon coast where he sampled seawater from 27-bays […]

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Aug 17

In defense of the sharing economy and in particular home-sharing platforms

By Bruce Firestone | Business Coaching , Business Models , Entrepreneurship , Finance , Ideas , Investing , Real Estate , Real Estate Investment Coaching , Urban Economics

[Feature image: Airbnb founder Joe Gebbia (right)] In June 2019, I wrote to city consultant Brian Bourns who had held a short-term rental workshop, https://ottawa.ca/en/short-term-rental-workshop-3, which no doubt brought forth many competing viewpoints on Airbnb, VRBO, Expedia et al. Below you will find my note to Brian and also a defense of home-sharing written by […]

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Jul 12

Taking care of yourself and your family for three generations

By Bruce Firestone | Business Coaching , Business Models , Finance , Firestone Institute , Investing , Real Estate , Real Estate Investment Coaching

I believe it’s time for a new approach to taking care of yourself and your family for at least three generations. By “new” I actually mean hundreds of years old–wealthy families the world over have known for many, many generations that the best way to provide for themselves and their families is by owning their […]

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Jul 11

Prof Bruce’s Message Map developed with chief storyteller Corey Oliver

By Bruce Firestone | Business Coaching , Business Models , Entrepreneurship , Finance , Ideas , Life Coaching , Real Estate , Real Estate Investment Coaching

Developing a message map for a business, organization or even a sole practitioner like me, is really important. It helps you quickly tell folks what it is you do and why because, as Simon Sinek says, people don’t buy what you do or how you do it, they buy why you do it… Here’s what […]

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Jul 01

Woodlot development potential

By Bruce Firestone | Business Coaching , Business Models , Entrepreneurship , Finance , Ideas , Real Estate , Real Estate Investment Coaching , Sales & Marketing , Urban Economics

[The difference between a city accountant and a country one explained…] Clients of mine, first time home-buyers Katie and John (not their real names), are not on a path like others. No, they want to buy a home that pays them rather than one they pay for. What’s that you say? A home that pays […]

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