Business Magazine

Richard Crenian Offers Some Advice to Alberta Entrepreneurs

Posted on the 11 February 2015 by Ncrimaldi @MsCareerGirl

If you don’t live in Alberta, or specifically in Calgary, you may not be aware of just how influential Western Canada has become in the area of business startups and entrepreneurism.  Entrepreneurs should know that over the past five to ten years, Calgary, one of the major cities in Alberta, has found a kind of entrepreneurial drive and momentum that would make plenty of other cities around the globe envious.

Yes, it doesn’t hurt that Calgary was recently rated as having one of the top two real estate markets in all of Canada.  And if you are aware of Calgary as being a major hub for oil and gas and if you’re concerned about how the current slump in oil prices will affect the city’s economy in 2015, then take courage in the fact that plenty of analysts in the media remain confident in Calgary’s economic strength coming into the new year.

And that’s part of the point – because Calgary, and the province of Alberta  as a whole, has made concerted efforts to promote entrepreneurism and new business initiatives over the past decade. The city now enjoys a more diversified economy, one that can more readily withstand a slump in the oil and gas sector.

ECr2wCEB_400x400
Richard Crenian has been a figure in Calgary’s commercial real estate and entrepreneurial circles for the past two decades.  He serves as President of ReDev Properties, Ltd., a commercial real estate company that he founded in 2001.

ReDev Properties is not the first or only company that Richard Crenian has founded.  Indeed, Crenian’s experience in creating companies and guiding them to success has made him a valuable resource for the up-and-coming generation of young entrepreneurs in Calgary.

As particular example, Crenian’s upbeat attitude toward the current price climate in the oil and gas industry is something that young entrepreneurs should keep in mind. As noted in a recent article, Richard Crenian remains refreshingly optimistic about Calgary’s economy coming for 2015, despite the downturn concerns raised by current oil and gas prices.  It’s the kind of realistic optimism that young entrepreneurs would be wise to note.

What’s more, Crenian provides insightful, experience-driven advice for young entrepreneurs as far as intelligent investment. Crenian has noted in other forums that as today’s young entrepreneurs begin their professional journeys, they should consider the value of diversifying their investments.

Investing in commercial real estate, either independently or through a commercial real estate company, is  an intelligent way for entrepreneurs to diversify their assets.

Crenian makes an even more compelling point as to why it’s a smart move for young entrepreneurs to consider commercial real estate investment.

As entrepreneurs start their own companies, they are going to need office space, particularly as their businesses grow.  Unlike their peers who decide not to invest, entrepreneurs who put money toward commercial real estate, like office space or retail storefronts, will be able to enjoy the benefits of these assets not only as business owners, but also as investors.

Richard Crenian encapsulates the point very neatly, “I love seeing entrepreneurs who have passion for their business and for making a difference in their communities.   And I really look forward to seeing today’s young professionals enjoy success ‌  And as I tell some of my younger colleagues, one of the best ways to enjoy financial success and security is to diversify one’s assets and invest in dependable sources of income, such as commercial real estate.â€�

Recmmended Reading: Investing in Real Estate


You Might Also Like :

Back to Featured Articles on Logo Paperblog

These articles might interest you :

  • Congratulations Kris Barclay, Emerging Artist Showcase at Boots & Hearts 2018

    The 2018 Boots Hearts Emerging Artist Showcase, presented by Chevrolet Canada took over the Front Porch Stage to kick off the four-day country music festival... Read more

    The 17 August 2018 by   Phjoshua
    LIFESTYLE, SELF EXPRESSION
  • Friday Q&A: Sesamoiditis and Yoga

    Friday Q&A: Sesamoiditis Yoga

    Q: I've been recently diagnosed with sesamoiditis. My normal dynamic sequence of standing poses and sun salutations is awkward and/or painful so I've mainly... Read more

    The 17 August 2018 by   Ninazolotow
    FITNESS, HEALTH, HEALTHY LIVING
  • The Mourning Hills (2014)

    Mourning Hills (2014)

    Director: R Todd Campbell Writer: R Todd Campbell (Screenplay) Starring: Chelsea Bryan, Carol Jean Wells, Joe Fredo, Eric Gebhardt, Isabella Handley, David... Read more

    The 17 August 2018 by   Newguy
    CULTURE, ENTERTAINMENT, MOVIES
  • Video: Racing Across South America on a Bike

    A couple of days back I shared videos of a bikepacking journey across South America. (Part 1 and Part 2) But for a completely different way to bike across that... Read more

    The 17 August 2018 by   Kungfujedi
    OUTDOORS
  • FREEBIE: Save on Advair & Other GSK Meds (US)

    FREEBIE: Save Advair Other Meds (US)

    Sign up and receive money-saving offers and tips to help manage your asthma.You may be eligible for a coupon to help reduce the cost of ADVAIR. Read more

    The 17 August 2018 by   Catherine Mcdiarmid-Watt
    FAMILY, FINANCE, SHOPPING
  • Pink and Blue Babble Boxx: Products for Mama and Baby

    Pink Blue Babble Boxx: Products Mama Baby

    This post is sponsored by BabbleBoxx.com. Anyone else love trying new products?! I love hearing about new things and even more so when they’re things I... Read more

    The 17 August 2018 by   Thesamanthashow
    LIFESTYLE, SELF EXPRESSION
  • Airbus A350-900, Asiana Airlines

    Airbus A350-900, Asiana Airlines

    @ San Francisco, CA June 2018 This Asiana A350 is on final approach to SFO after a long flight from Seoul, Korea. Asiana has been operating the A350 since... Read more

    The 17 August 2018 by   Htam
    PHOTOGRAPHY, SOCIETY

Paperblog Hot Topics

Magazines