Every province in Canada has its own nuance that makes it special. The people that make up the cities and villages of Alberta have a certain spirit which allows them to get through the wild and turbulent rollercoaster ride of an oil based economy.
The Edmonton spirit is also very unique in its own right, especially among the entrepreneurs of the city. Yes, entrepreneurs of Edmonton are not scared of competing on a daily basis, but they also have self-assurance about themselves, their product and service, and their place in the local economy that they are willing to collaborate on a continuing basis.
In a number of circumstances, I have referred potential clients to another organization due to a better fit or knowledge base of the competitor. Recently, another business coach referred me to someone that was looking for aid in the manufacturing industry.
CapitalIdeas, organized by the Edmonton Journal along with the sponsorship of ATB Financial, has helped to foster an environment where entrepreneurs of Edmonton learn from other entrepreneurs. Networking events are frequented by businesses that compete against
each other every day, yet it is not uncommon to see them at CapitalIdeas bouncing ideas off each other and helping one another.
Competition is a fundamental part of our economic system. Without it, improvement would slow down and the consumer, in the end, would not be best serviced. With the collaboration which happens between entrepreneurs in Edmonton, the end user of the product or service will most likely get the best fit and service that they require.
How would you consider the entrepreneurial environment where you are? Do you have the support system of fellow entrepreneurs around you? I would love to know. We can all support each other while improving our businesses and serving our customers needs.
Have an awesome week.
Kevin MacDonald is a Business Consultant at L6S Business Consulting Inc (www.L6SBC.ca). L6S offers services in management consulting, Controller and CFO contracting, and lean management with either project work or teaching/mentoring of staff. Kevin has his CMA
accounting designation along with a Black Belt in Lean Six Sigma. Kevin is active in the community by volunteering for different groups and donates platelets at the Canadian Blood Services clinic on a bi-weekly basis.
L6S Business Consulting will also be holding 3 sessions in regards to better understanding and using social media (Twitter, Facebook, and LinkedIn). For more information, please email: info@L6SBC.ca
Photo Credit: http://www.edmontonhomepros.ca/local-info