Category Archives for "Entrepreneurship"

A client of mine asks, “Hi Bruce, what are your thoughts on real estate and the economy over the next 12-24 months?” Here’s what I answered: No one really knows what will happen, but in my view, there will be many opportunities for people with cash. I suspect several trillion dollars of real estate in […]

Purrdy Paws Mobile Grooming Spa founder Jayme Montero started with nothing. A teen mom, she had a “crazy” idea—to start a cat grooming mobile service when almost no one thought it would work—not her banker, her friends, no one. Her plan was to somehow finance and acquire a Mercedes Sprinter cargo van (which is tall […]

If you’d like to send the quiz (sans answers) to your friends, use this link, https://brucemfirestone.com/prof-bruce-real-estate-investment-trivia-quiz/. 1. in which decade from 1950 to present day did mortgage interest rates reach their peak? 1950s 1960s 1970s 1980s 1990s 2000s 2010s [21.46% peak, 2nd half of 1981] 2. what does PIT stand for? planning and information technology […]

See how well versed you are in terms of real estate investing… try answering these 25 questions then check your answers here, https://brucemfirestone.com/prof-bruce-real-estate-investment-trivia-quiz-answers/. 1. in which decade from 1950 to present day did mortgage interest rates reach their peak? 1950s 1960s 1970s 1980s 1990s 2000s 2010s 2. what does PIT stand for? planning and information technology principal […]

Or what to do with underused parking lots and golf courses… OK, I’ll admit it. I am a bad (actually terrible) golfer and a not much better driver (of cars, that is). These days golf is a sport in decline (even before Covid-19 cratered much of the planet’s economy), which has triggered questions like: What […]

Traveling without moving, a new approach to downsizing Most realtors tell a person who is thinking of, say, downsizing, to list and sell their larger home and buy something smaller and presumably cheaper. This kind of talk is a bit self-serving because, if the client follows this piece of advice, the realtor gets another listing […]

I woke up on the Easter long weekend thinking I could help people become successful entrepreneurs by offering a new online course called: Pivot! Start a business in just 3-months w/ practically no money down. “Hi Bruce, I just wanted to say that I was on your Pivot! webinar this afternoon and it was awesome. […]

for LANDLORDS, INVESTORS (AND TENANTS) Here is a webinar in which Bruce M Firestone, PhD, and host Dave Dubeau talk about how to stay afloat during the Covid-19 era and also how to prepare for a hopeful future. Here’s what is covered: -snowbird real estate prices about to collapse? -big market correction coming #Gulp -buying […]

YES, I want to sign up for the Firestone Institute Pivot! Course: Turn Yourself into a Gigpreneur… start your own business in just 3-months with practically no money down for a ridiculously low one-time payment of $250 $195 + HST I’m fed up and want to take charge of my own future and not rely […]

[A version of this article first appeared in Ottawa Business Journal] Since the dawn of the industrial age in the early 1700s when Thomas Newcomen produced the first successful steam engine (later perfected by James Watt in 1769), there has never been a major economy that contracted by 40% in a single quarter. This happened […]

Then stop fooling around and reach out for some help from coach Dawn Macmillan Firestone, ACC, CPCC, President, International Coaching Federation (ICF), Ottawa Chapter. Dawn has helped many people who: Wanted to take stock of what’s going on in their lives Wanted to push and set bigger goals for themselves and those around them–their entire […]

A client of mine has a rental apartment leased out to three young people (all servers) who lost their jobs recently. None of them have any income now. Zero. George (their landlord) reduced their rent for the next four months by half (they can catch up over the following year by paying a bit more […]