Category Archives for "Investing"

Jul 15

Nothing can go wrong in the construction industry, right?

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

A client of mine asked me today about helping him sort through a very complex contract to fit up his new swim school. Obviously, the construction industry is perfect, right? Wrong. Here’s what I wrote him: This is scary for everyone. The four major things that can often go wrong in this biz are: 1. […]

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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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Jun 29

What price should you pay for investment real estate?

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

I teach/mentor/coach a buy and hold strategy when it comes to real estate investing. It’s also a truism that you make money in real estate when you buy not when you sell (and since I teach folks to hold property for at least 3-generations), purchasing well-located properties at a decent price (ie, buying smart/buying low) […]

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Jun 26

Five Lessons A Millionaire Taught Me About Life and Wealth, Summary

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

By Richard Paul Evans (2005) Review (from Amazon): When Richard Paul Evans was twelve, his father, a building contractor, shattered both his legs. With no insurance, no income, and eight children, the family was destitute. At that difficult time young Evans was introduced to a kind multimillionaire who taught him the five secrets of wealth. […]

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Jun 25

Baby boomers have acted in their own best interest

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

To be honest, I’ve long felt that baby boomers (of which I am one) have acted in a way to favor their generation over younger people. Here’s an article written by Lyman Stone for the Atlantic (June 24, 2019) that extends and builds on that argument… The political ascendancy of the Boomers brought with it […]

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Jun 15

How to get sponsors for practically anything

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

Bruce M Firestone, PhD, keynote at FanSaves Event May 2019 YouTube video link: https://youtu.be/ZY6j-PgjUFU What is covered? -even Ice Fishing Huts are sponsored! -and keynotes are sponsored! -Ottawa 67s find a way to say “Yes!” to every sponsorship request by turning such asks into a new sales channel by harnessing the give a person a fishing […]

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