Category Archives for "Business Models"

Sep 20

Perfect Machine

By Bruce Firestone | Architecture , Business Coaching , Business Models , Design , Real Estate , Sales & Marketing

Engineers say a perfect machine is one with no moving parts. I’d add to that: Complexity is the enemy of success in all endeavors. How could we apply those twin concepts to business modeling? Here’s how: By answering the question–can we reduce the complexity of operating an organization, any business even charity, not-for-profit or foundation, […]

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Sep 19

Where buildings meet grade

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

Where buildings in North America meet grade, we tend to throw away its value. How’s that? Every time you open a building at grade to the outside, every time, you add both functionality and value. It’s easier to access apartments, condos, retirement residence suites/rooms, stores, offices co-working spaces, makerspaces, you name it and it makes […]

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Aug 28

Agritainment: Monterosa Extra Virgin Olive Oil

By Bruce Firestone | Architecture , Business Coaching , Business Models , Design , Real Estate , Sales & Marketing

Fifteen minutes outside of Olhão, Portugal, you will find a 30-hectare olive oil plantation that combines sustainable farming practices with agritainment. Most mornings around 10 or 10:30 am, a Monterosa (favorably reviewed on TripAdvisor–62 reviews, five stars) staffer will take a group of around 30 (made up of locals on holiday and tourists) around the […]

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Aug 13

Gaining perspective and becoming more creative

By Bruce Firestone | Architecture , Business Models , Investing , Real Estate , Urban Economics

I actually don’t like going away but, when I do, I find that things which were complicated suddenly aren’t. Here’s what I do to gain perspective: -exercise 4-6 times per week (20 minutes after I finish, problems miraculously “solve themselves”) -“move the furniture,” which means getting up from your desk and walking around—for example, when […]

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Jul 28

How to really sell

By Bruce Firestone | Business Models , Sales & Marketing

Best Buy, according to most prognosticators, should be dead by now… bulldozed by Amazon, but it’s not. How did they turn the trick? They changed their business model. If you are in a products business these days, you will want to add services. If you’re in the service biz, you’ll want to consider adding products. […]

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May 21

Life Sentence

By Bruce Firestone | Business Coaching , Business Models

What is the proper role of a CEO or founder? In my experience, s/he needs to take responsibility for just four things; these are: -sales -recruiting talent & holding them accountable -finance -vision, innovation, differentiation, business model & culture of the organization Everything else is up to the COO, chief operating officer, and other executives. […]

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Nov 07

Building a real estate business model with burgers

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

[A version of this article first appeared in Ottawa Business Journal, https://www.obj.ca/bruce-firestone] When most people think about business models and modeling, they think it only applies to tech startups but turns out, they’re just as important in any industry including real estate. If I ask someone about real estate models, she or he will probably […]

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