Business

The Top 3 Entrepreneurs of The 20th Century

Could you imagine a world without electricity? Could you believe that at some point in history to take a photo you needed a device the size of a microwave? For the new generations, these questions are unthinkable, they were born with all the basic technologies and they grew up to enjoy the development of new incredible devices and tools that make the 21st century, in the history of humanity, the best period to live.

In this blog, I will share with you the story of 3 entrepreneurs of the 20th century who impacted the world like no one before.

1.Thomas Edison 

Thomas Edison was not only a brilliant and renowned inventor but he was also considered one of America's leading entrepreneurs and innovators.

Thomas Edison acquired a record number of 1,093 patents. He was responsible for developing many modern devices such as car batteries, movies, music recorders, and brought home electricity to life, laying the foundation for the modern electrical world.

By 1870, Edison had acquired a reputation as a first-rate inventor, working as a freelance businessman and managing several machinists in a small laboratory. He formed various alliances and developed products for different companies, such as the Western Union Telegraph Company.

In 1880 he founded his own electric company called the Edison Illuminating Company, known as the first investor-owned electric utility.

2. Henry Ford

Although Henry Ford did not invent the automobile or the assembly line, he was responsible for transforming the concept of owning a car.

With some experience working for different automobile companies, and after two failed company attempts, in 1903 Ford founded his third automobile company, called Ford Motor Company. A variety of improved car models were released before Ford could achieve his vision of building a better, cheaper car for the multitude, and in 1908 he came up with the Model T.

At first, the cost of this car model was about $850 dollars, approximately $1,200 less than most cars at the time. Actually, the Model T was the first car most people could afford.

Ford's progressive idea of ​​cutting costs and offering the least expensive product led him to pay his workers a salary commensurate with the cost of the car, therefore they could buy the car they produced. This innovative idea allowed Ford Motor Company to produce and sell more cars than any other automobile company.

3. George Eastman

George Eastman is considered the pioneer of popular photography and motion picture film, he was a philanthropist and entrepreneur whose work had a huge impact on modern photography.

At 23, he bought a photographic outfit at the suggestion of a co-worker. He was supposed to take a vacation trip to Santo Domingo, but he never went. However, after acquiring all the photo-taking equipment and noticing how awkward and complicated the process of taking and developing photos was, he decided to start looking for ways to improve it.

After 3 years of experimenting, in 1880, he invented and patented the dry-plate coating machine.

Almost a year later, with the financial help of Henry Strong, Goerge Eastman formed the Eastman Dry Plate and Film Company, later known as the Eastman Kodak Company in 1892.

This company revolutionized photography and made it more accessible by creating easy-to-use cameras and developing a flexible film that helped launch the motion picture industry.

In conclusion, the world we know today would not be possible without all the work of talented entrepreneurs who saw opportunities for the future and innovated to improve people's lives. Entrepreneurs like Thomas Edison, Henry Ford, and George Eastman built the base for later technological development that made possible the life we know today.

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Canada’s Entrepreneur Boom

Across the world, every country has been affected by Covid-19 in one way or another. Now that we are nearing 2 years since the start of this game-changer, we are seeing the aftermath effects of how Covid-19 affected business, and it may not be what you expected…

Countries all over the world are seeing an increase in new startups! Now, this also follows a trend of many businesses closing, but this just goes to show that if your business isn’t keeping up with new technologies, you’re likely to fall behind and become one of these statistics. According to the University of London, over 400,000 start-ups opened in 2020 alone and this trend was also seen in other countries like Germany, France, Japan, and the US. One country they didn’t mention though was Canada who has had an extreme jump in venture capital investments over the 2 years.

Canada’s Start-up Boom

There is a dramatic increase of new start-ups entering the market worldwide but especially in Canada. The country famous for the creation of big businesses such as Blackberry, Shopify, and Wealthsimple Financial, has in the past had increasing start-up numbers but there has been a significant jump in 2021. 

In Canada’s Q1 alone the jump was already visible as shown in the graph below but as we’ve reached the end of Q3, in Toronto alone capital venture investments reached $4.1 Billion. To give a comparison, this new amount raised is 281% higher than the total from 2020 and the year isn’t over yet.

A Brief Look Into Waterloo, Ontario

With most major cities like Toronto and Vancouver grabbing the headlines, it is easy for a small city like Waterloo to go undetected but in fact, its size doesn't do it justice for the leaps and bounds it is taking with new start-ups.

Apart from Silicon Valley, California, Waterloo is the next highest density of startups worldwide and this continues to hold true because of the region's ability to foster growth, funding options, and incubator resources such as Communitech.

What Does This Mean For Canadians?

Typically more business means more jobs, therefore with this influx of businesses getting funding, we could hope to see a large surge in available jobs in the tech industry for Canadians. Although, with the increase of desirable jobs comes new people moving to areas such as Waterloo, Ontario. For people living in areas like this they may not like this surge, but with growth comes growing pains and as the region is used to new expansion the people are sure to enjoy the benefits of new infrastructure.

Conclusion

As new businesses are starting up it is crucial that businesses across the world must also be adapting to keep from falling behind and becoming one of the businesses left forced to close their doors. 

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iHeartCam: A Security Camera App

iHeartCam is a surveillance camera app that lets you watch over your home, workspace, family, and even pets. iHeartCam can be used on your mobile device that notifies you anytime sounds/movement is detected. With iHeartCam you can watch live footage over your designated areas from wherever you may be while being connected to WiFi or Cellular Data.

Here are some key features of iHeartCam that makes it a highly trusted surveillance service:

Easy to use 

Install iHeartCam on both devices, your primary and secondary, and select camera mode and begin recording on your second device, once completed you can watch over your cameras anywhere and anytime.

Live camera streaming

As a highly trusted surveillance app, you can watch the live footage being broadcasted by your devices at any time you want.

Multi-monitor and camera

You can set up as many cameras as you want that you can view on your main device.

Endless reach

From wherever you may be you can access your security cameras as long as you have a WiFi connection or Cellular Data.

Able to communicate through Microphone

In the app you can communicate through the cameras, just unmute the microphone and talk.

Sound and movement notification 

iHeartCam detects movement and sounds, once detected you will receive a notification letting you know. 

Conclusion

In conclusion, iHeartCam is a great surveillance camera app that allows you to watch over and communicate with all the places you have set your cameras, from anywhere with a connection to WiFi or Cellular Data.

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