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For the better part of two decades, Kris Thorkelson has been
paving his way as an entrepreneur in Winnipeg.
He’s the owner of The Prescription Shop, which has a number of retail
outlets in Winnipeg; he also owns two medical clinics that are attached to his
pharmacies.
Today, Thorkelson is expanding
his focus to Winnipeg’s growing real estate sector as the owner of My Place
Realty, a property management company that provides quality multi-family homes
that people are proud to call home.
As someone who has overcome the challenges it
takes to build a successful business, we asked Kris to share his advice for
young and aspiring entrepreneurs.
First,
what’s the biggest misconception entrepreneurs have about starting their own
business?
Kris
Thorkelson: Owning your own business is not an easy
alternative to a 9-5 job. The hours can
be extremely long and it takes a significant amount of determination and
sacrifice in order to thrive. With that
said, successful entrepreneurs know what it takes to overcome those challenges
against the odds.
What
advice would you give someone going into a leadership position for the first
time?
Kris
Thorkelson: Being an effective leader is a very
important skill to have as an entrepreneur. You’ll be working with people on a
daily basis, and they’ll be looking to you for guidance. The values you demonstrate, the way you
handle adversity and how you persevere through the biggest challenges will be
the guiding factors for how others will behave.
In your
opinion, what is one thing a new business can do that will improve its chances
of success?
Kris
Thorkelson: Seek the opinions of your customers. Listen closely to what they think about your
product and how it can be improved. Your existing customers are your best advocate
and if you go above and beyond to keep them happy, then you won’t need much
marketing bec… Read More
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