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Catch yourself asking: How do I use a financial model in my startup?

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Here are 3 ways we recommend you use yours:

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1️⃣ Fundraising and Investor Presentations

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• Communicate financial performance, growth potential & expected returns

2️⃣ Business Planning and Decision Making

• Understand factors such as pricing changes, market penetration rates, or changes in operating costs.

3️⃣ Cash Flow Management and Operational Efficiency

• Manage cash flow to ensure there is enough liquidity to cover expenses and invest in growth opportunities.

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Learn how accurate financial models are the key to demonstrating your startup's true potential.
 

In our fast-paced work life, it's the little acts of kindness, understanding, and positivity from our leaders that help us push through the stress and keep aiming higher.

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If you’re in a leadership position, here are a couple of actions you can try implementing in your workday to foster resilience in the workplace:

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🌱 Empathy: Actively listening and responding to team members' concerns to foster a nurturing environment.

🔄 Flexibility: Adapting leadership style and strategies to meet evolving team needs and embracing change.

❤️ Compassion: Showing genuine care for employees' personal and professional well-being, creating a supportive culture.

🙏 Gratitude: Recognizing and appreciating each team member's contributions, enhancing morale and loyalty.

🌟 Positivity: Encourage questions, communication and positive affirmations, even when faced with challenges, to motivate and inspire those around you.

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Leaders remember: we should not just survive the daily grind; we should be thriving in it!

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#Resilience #Workplace #Mindfulness #Motivate #Leaders

🔍 Artifact of the Week: Canadian Pacific Railway Teacup 🍵

Step back in time with us as we explore the fascinating stories behind the artifacts at McAdam Railway Station. This week, we're delighted to present the iconic Canadian Pacific Railway Teacup, crafted by the renowned William Guerin Company between 1910 and 1932.

Admire the intricate pattern on this teacup, which served as a versatile design used across ships, trains, and hotels. As the CPR's longest-running pattern, it endured for an impressive 43 years, crafted by various manufacturers.

Join us on our website: mcadamstation.ca/china-collection

Uncover its role in the rich tapestry of railway heritage and discover the stories it holds from a bygone era. ☕✨

Meet the Profiles: A series of videos to give you a peak inside the roles in our job library. 🤝💼

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In order to excel in any role, it's crucial to understand the key competencies associated with it. But it's not just about knowing what those competencies are - it's also essential to understand the behaviours that underlie them.

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In this first video of the series, we dive into the behavioural competencies associated with the "High Demand" profile. "High Demand" is not actually a role; it's a grouping of several competencies in high demand in today's job market. 

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The video explores the meaning of each competency and some of the key behaviours associated with it. By understanding the behaviours that drive success in this role, you'll be better equipped to develop your own skills and excel in your career.

Stay tuned for more Meet the Profiles! 

Are you smarter than the average founder? 🤔 

Check the comments for some startup fundraising tips!

1️⃣ Craft a Compelling Story: Engage investors with a captivating narrative that conveys your startup's purpose and why it matters. Your story should ignite curiosity and showcase the problem you're solving.

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2️⃣ Master the Elevator Pitch: Nail a concise and impactful pitch that grabs attention within seconds. Clearly articulate your unique value proposition and highlight the market gap you're addressing.

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3️⃣ Target the Right Investors: Do your homework! Research and identify investors who specialize in your industry and align with your startup's stage. Personalize your approach to demonstrate that you've done your due diligence.

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4️⃣ Highlight Traction and Milestones: Showcase your startup's progress and milestones achieved. Share key metrics, customer success stories, and partnerships to build credibility and validate your potential.

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5️⃣ Create a Killer Pitch Deck: Develop a visually appealing and well-structured pitch deck. Cover essential elements such as market size, competitive analysis, financial model and forecasts, and your team's expertise. Leave investors eager to learn more!

Personality tests are a popular tool for understanding ourselves and our preferences. But—don't be fooled! They tend to fall short as a hiring tool because our preferences don't always drive our behaviours. 

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Catch that? 🚨 Personality ≠ Demonstrated behaviours 🚨

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Competency assessments are great predictors of performance because they measure the consistency of past behaviours.

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That's right! 🚨 Competence = Consistently demonstrated behaviours 🚨

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Discover more of the advantages of competency assessments below ⬇️
 

🔍 Artifact of the Week: Canadian Pacific Railway Platter 🍽️

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Immerse yourself in history as we unveil this week's captivating artifact at McAdam Railway Station. Presenting the exquisite Canadian Pacific Railway Platter, expertly crafted by Charles Ahrenfeldt between 1900 and 1930.

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Indulge your senses with the elegant Black Crest pattern, adorned with the iconic "CPR" initials delicately embedded within a black garter. As you explore this platter, you'll notice two charming birds perched beneath the garter, adding a touch of whimsy to this timeless piece.

Discover the stories woven into this white china masterpiece by visiting our website: https://lnkd.in/g9u_P3GD.

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Unearth its significance in the legacy of the railway, transporting you to a bygone era filled with nostalgia and wonder. 🚂✨
 

Taking care of ourselves in highly stressful work environments (that we all experience) is usually the last thing on our minds.  When we are in Survival Mode, the last thing we think of is taking care of our own physical and emotional needs.

This article talks about the workplace “S” word. And no... It’s not the S word that first comes to mind.

It’s stress.

According to the National Institutes of Health (NIH), effective self-care practices can mitigate the effects of stress and enhance one's ability to cope with work-related pressures.

So, this week, we’re exploring some tips Tammy Ward has picked up throughout her career as a Sergeant in the RCMP on integrating self-care into the daily work routine.

Get the tips ➡️ https://lnkd.in/gvZiGhTx

#Stress #SelfCare #Workplace #Mindfulness