May 17, 2013

Earthquake Rocks Ottawa and Toronto - May 17th, 2013

An earthquake rocked Ottawa and Toronto today at approx. 9:43 AM.

The shaking lasted approx. 20 to 30 seconds, starting with smaller shakes and then leading into larger quakes for a big finish.

The last earthquake of similar magnitude was in June 2010 and was a 5.0. (See Earthquake strikes Ontario, Quebec & New York )

Earthquake Canada has confirmed that a 4.8 magnitude earthquake originated in Braeside, Ont., in the Ottawa Valley at 9:43 AM Friday.

“It was obviously widely felt if it reached Toronto,” said seismologist John Adams. He will be able to provide more information shortly.

People are reporting feeling the earthquake as far away as Owen Sound, Kitchener-Waterloo, New York State, and Ohio.

The U.S. Geological Survey is reporting a 5.0 magnitude earthquake that originated 25 kilometres north-northeast of Shawville, Que. It was five kilometres deep, according to the USGS website ( http://earthquake.usgs.gov/earthquakes/map/ )

Less than 10 minutes later, a 4.2-magnitude aftershock was also recorded. Not many people reported feeling the aftershock as it was more localized near Ottawa.

The minor earthquake “started in a pretty unpopulated area . . . we don’t expect there to be much damage,” said seismologist John Adams of Earthquake Canada.
Adams expects tens to hundreds of tremors to follow the earthquake, mostly felt close to the epicentre in the Quebec side of the Ottawa Valley. There is a 2 per cent chance that a larger earthquake will follow, he said.

According to some reports it was felt more strongly on the west side of Toronto than on the east side of Toronto.

"I am on the west side and I think it was stronger here than on the east!" says Edward de Gale, local Toronto charity worker who spoke to his brother minutes after the earthquake, who was in the east end of Toronto and barely felt it. "I hope everyone is okay," says Edward.

Live updates of this blog post ended at 11 AM EST.

May 3, 2013

The Future of Luxury Cars = Hybrid Hydogen

I just learned today that Aston Martin is building a hybrid hydrogen-gasoline luxury car.

They've even been testing it on the Nürburgring test track in Germany, as shown in the photo on the right.
When it will actually be available is anyone's guess, but I can pretty much guarantee the first hybrid-hydrogen cars will be luxury models aimed at the population's upper crust.

In America owning a hybrid car is a status symbol.

It is something Americans buy so that they can have the bragging rights. They don't really care about whether they are saving the environment, they just want the bragging rights.

And that pretty much goes the same with any car that costs over $50,000 - the goal isn't to have a nice car, the goal is to have a nice car that you can brag about to friends, neighbours, co-workers, everyone who will even listen to you.

"So what kind of car do you drive?"

"Oh, I drive an old Honda. What do you drive?"

"I just got myself a new Infiniti G35H. The H stands for Hybrid!" and then they start bragging about how they are saving the environment and how fast it goes at the same time.

However what you might not know is that luxury cars are also often the testing ground for new technology - because the people who buy luxury cars are always looking for new gadgets to have on their cars. And lets face it, who doesn't love extra gadgets on their car?

We are used to things like

Navigation System
Speaker System
Climate Control
Tracking System

And with convertibles we now have things like Button activated top up, top down.


Seriously, who invented convertible cars?

Well the answer varies, but the first hard-top convertible car was sold by Chrysler in 1946 and yes, it was a luxury car (the 1946 Chrysler Windsor).

These days when it comes to gadgets many parents just want a car with TVs on the backs of seats so their kids will be quiet and watch TV without becoming a nuisance. If they're young and hip they might be more worried about how to attach their smartphone to the speaker system.

In other words they're more worried about entertainment gadgets than anything that improves the car itself.

But me, well I just love hydrogen cars. Can't wait for them to become the norm.

And it will be hybrid hydrogen gasoline cars that become the turning point, so people can still use gasoline for now, but as hydrogen becomes more available and widely used they will be able to use that instead.

Hydrogen has many benefits over battery powered hybrids. It gives way more power, weighs less, and where batteries have good short range viability, they aren't so good at long range usage which is why gasoline is needed. But hydrogen is good for both long and short range usage. And unlike batteries which need to be charged for hours at a time, hydrogen is filled up in a manner very similar to gasoline.

Oh and I also like lockable wheel nuts. I've also seen this being sold for bicycles (to prevent bicycle thieves from stealing wheels), but they're very useful.

And lets not forget the biggest selling point of a luxury car - it is also a car with a more powerful engine, better handling, better wheels, better design.

Faster, smoother, more reliable, more desirable.

So yes, luxury cars do give you more technological advances - but they also give you time, tested and true guts and performance in the belly of the car. The proverbial wolf in sheep's clothing.

Thus regardless of what brand a person buys, if they buy a luxury car they are more likely to be happier with the results and have fewer regrets.

April 4, 2013

Archery Lessons for Businessmen in Toronto

It is not just little kids who are getting into archery as a sport (thanks to the Hunger Games, Brave, The Avengers, Arrow and similar films/TV shows).

It is also adults and even people you wouldn't normally see doing archery - including businessmen.

That is right.

CEOs, bankers, investment managers, stock market analysts... your boss!

In other words people you would normally expect to be playing golf or tennis are taking up archery instead.

So does this mean that in the future many golf and tennis clubs will start offering archery ranges as an additional service?

Maybe. It is entirely possible.

In the meantime if you are looking for private archery lessons in Toronto check out the website CardioTrek.ca. Private archery lessons start at $60 for a single lesson, $270 for 5 lessons or $500 for 10 lessons. All equipment is provided by the trainer.

You can also go out and buy your own equipment and try to learn by yourself, but archery equipment (the good stuff) is expensive and the arrows alone are pretty pricey - and the learning process will be slow without an instructor.



March 5, 2013

10 Tips for Starting Your Own Business

If you hate your job and want to switch careers one excellent but daunting option is to start your own business. You might be crafting and selling a product. You might be offering a valuable service. You might simply be making food / catering.

Regardless of what you do you want to be professional about it and if you quit your old job because you hated it then there are definitely some tips when it comes to building your own business...

1) Do what you love!

You aren't going to enjoy this new role of being self-employed unless you really love what you are doing. After all, you hated your old job - why would you switch to something new that you will hate anyway? You're going to devote a lot of time and energy to starting a business and building it into a successful enterprise, so it's really important that you truly deeply enjoy what you do.

2) Start your business while you're still employed

How long can most people live without money? Not long - unless the business you are making involves growing/hunting/fishing for food. And it may be a long time before your new business actually makes any profits. Being employed while you're starting a business means money in your pocket while you're going through the early stages.

3) Don't do it alone - Get a business partner if possible!

If you can't find a business partner at very least you need a support system while you're starting a business. A family member or friend that you can bounce ideas off and who will listen sympathetically to the latest business start up crisis is invaluable. Even better, find a mentor or, if you qualify, apply for a business start up program. When you're starting a business experienced guidance is the best support system of all.

4) Get clients or customers first

Don't wait until you've officially started your business to line these up, because your business can't survive without them. Do the networking. Make the contacts. Sell or even give away your products or services to gain reviews. Start marketing immediately and always be ready to impress a potential client.

5) Write a business plan

The main reason for doing a business plan first when you're thinking of starting a business is that it can help you avoid sinking your time and money into starting a business that will not succeed. Have other people look over your business plan and look for gaps / ways to make it more profitable.

6) Do the research

You'll do a lot of research writing a business plan, but that's just a start. When you're starting a business, you need to become an expert on your industry, products and services, if you're not already an expert. Learn what your competition is doing. Joining related industry or professional associations before you start your business is a great idea to learn whatever everyone else in the industry is doing right - and what they are doing wrong.

7) Get professional help

You don't have to be an expert on everything. If you're not an accountant or bookkeeper, hire one (or both). If you need to write up a contract, and you're not a lawyer, hire one. You will waste more time and possibly money in the long run trying to do things yourself that you are not qualified to do.

eg. Get a professionally designed website by a local Toronto website designer. And get local SEO so you can advertise your business online locally. (I can recommend a company if you want.)

8) Get the money lined up

Save up if you have to. Approach potential investors and lenders - including friends and family. Figure our your financial fall-back plan. Don't expect to start a business and then walk into a bank and get money. Traditional lenders don't like new ideas and don't like businesses without proven track records.

9) Be professional office supplies / printing

Everything about you and the way you do business needs to let people know that you are a professional running a serious business. That means getting all the accoutrements such as professional business cards, a business phone and a business email address, and treating people in a professional, courteous manner.

One of the companies I recommend for this is VistaPrint, which sells business cards, brochures and a variety of other printing products like online photo albums. When I asked around VistaPrint was a company many people recommended, and I now recommend it to others too.

10) Legal and tax issues

Is what you are doing actually legal? Does your business need to be registered? Will you have to charge taxes / HST? Will you have to have Workers' Compensation Insurance or deal with payroll taxes? How will the form of business you choose affect your income tax situation? Learn what your legal and tax responsibilities are before you start your business and operate accordingly.

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