The Prosperity Podcast

Navigating Interest Rates for Indigenous Entrepreneurs

In this episode of The Prosperity Podcast, host Brian Davey discusses the importance of understanding interest rates for Indigenous entrepreneurs. He explains that interest payments on business loans, such as for expansion or inventory, are tax-deductible and should be seen as necessary business expenses. This view can reduce stress and help entrepreneurs manage their finances better, ultimately lowering their tax burden and increasing earnings. Tune in for valuable advice on navigating the financial aspects of business growth.

Entrepreneur Spotlight: Jessica Mamakeesick, Artist & Owner, Mamakeesick Roots

In this episode, Brian dives into the growth of Indigenous businesses, highlighting Jessica Mamakeesick's journey with her art and business, Mamakeesick Roots, based in Thunder Bay. Jessica, originally from Sandy Lake First Nation, shares her inspiring story of rediscovering her culture and starting her business over a year ago.

Mamakeesick Roots features custom paintings, prints, clothing, and various other items adorned with her artwork. Jessica discusses the challenges of balancing creativity with business operations, including pricing, marketing, and managing taxes. She emphasizes the importance of self-belief, community support, and staying inspired, offering valuable advice for aspiring entrepreneurs.

Building Better Credit

In this episode, Brian chats with Charlton Thompson, Senior Account Manager at NADF, about the importance of credit scores for entrepreneurs and individuals alike. Charlton provides insights on understanding and improving credit scores, the factors affecting them, and the steps to monitor and correct credit reports.

He emphasizes the significance of timely payments, managing credit wisely, and safeguarding against identity theft. With practical advice for maintaining a healthy credit profile, this episode serves as a valuable resource for anyone looking to enhance their financial stability. 

Community Economic Enterprises Toolkit

In this episode, Brian chats with Jamie Hunter, the Community Economic Development Coordinator at NADF. Jamie discusses the recently developed Community Economic Enterprises (CEE) Toolkit for Indigenous Businesses, a comprehensive 180-page document designed to support community-based corporations.

The toolkit covers essential areas such as corporate governance, community engagement, capacity building, and financial management. Jamie explains how the toolkit helps communities establish and operate their CEEs, ensuring sustainable economic development. 

Mastering the Ledger: How Bookkeeping Powers Business Success

In this episode, Wendy Roberts, Bookkeeper, joins host Brian Davey to discuss the role of bookkeeping in business success. Wendy shares insights on the importance of accurate record-keeping, tracking expenses, and understanding financial statements. From budgeting to forecasting, this conversation highlights why mastering the ledger is key to managing the financial health of any business, regardless of its size. From the importance of bookkeeping to common mistakes and the role of technology, Wendy breaks down the essential aspects of financial management. Tune in to discover why bookkeeping isn't just about numbers, but also about understanding your business's financial health and making informed decisions. Whether you're just starting or running a multi-million-dollar corporation, this episode offers valuable insights to help you keep your financial records in check and your business thriving.

Networking Dynamics: Building Relationships for Prosperity

Join host Brian Davey as he engages in an insightful conversation with Jonathan Beardy, Business Support Officer, about the importance of networking in Indigenous entrepreneurship. In this episode, Jonathan shares practical advice on networking strategies, dispels misconceptions, and emphasizes the significance of building meaningful relationships. He discusses overcoming intimidation, leveraging online platforms like LinkedIn, and navigating cultural nuances in networking. Through captivating anecdotes and actionable tips, Jonathan paints a vivid picture of how networking dynamics can ignite prosperity for Indigenous businesses in Northern Ontario. Listeners will gain valuable insights into initiating conversations, following up effectively, and fostering authentic connections. Tune in for an inspiring journey into the heart of economic empowerment, where every connection holds the key to success.

Ingage, Create & Prosper

In this episode of the Prosperity Podcast, host Brian Davey dives into the vibrant world of Indigenous entrepreneurship with Corey Anderson, CEO of Ingaged Creative Productions. Based in the Fort William First Nation, Corey shares his journey from combining his Finnish and First Nations heritage to founding Ingaged Creative Productions. Corey's entrepreneurial spirit and dedication to community engagement shine through as he discusses the company's evolution from video production to event management and digital manufacturing. With a focus on bridging cultures and fostering meaningful connections, Ingaged Creative Productions stands as a beacon of prosperity in Northern Ontario. Tune in to discover how Corey's unique perspective and commitment to collaboration are driving economic empowerment and igniting a spirit of innovation in indigenous communities.

Comprehensive Community Planning

In this episode, Brian Davey sits down with Janet Knight, Registered Professional Planner, to discuss community planning. Janet shares her experience working with Indigenous communities across Canada as we explore the transformative impact of comprehensive community planning (CCP) on Northern Ontario's Indigenous communities.

Janet shares insights into the CCP process, its holistic approach to addressing all aspects of a community, and how it can help communities set long-term visions for their future. We discuss the benefits of community-driven planning, funding challenges, and how CCPs serve as invaluable tools for communities facing significant changes such as the Ring of Fire development. Tune in to learn how CCP can help communities organize their priorities and leverage resources for sustainable growth.

Candlelight Chronicles with Heart and Soul Co.

Join us on the Prosperity Podcast as Brian chats with Michelle Elliot, CEO of Heart and Soul Co. Michelle's journey from nurse to entrepreneur is inspiring! What started as a passion project crafting candles for herself has turned into a thriving business. Michelle's resilience shines through challenges like shipping delays, and her recent recognition as Startup Business of the Year is well-deserved! With scents that warm the soul and prices that won't break the bank, Heart and Soul Co. is lighting up homes across Ontario! Join us on the journey of growth and success—when we grow together, we all prosper!

Empowering Indigenous Women Entrepreneurs

In this episode of the Prosperity Podcast, host Brian Davey focuses in on the initiatives driving Indigenous entrepreneurship in Northern Ontario. He speaks with Kimberley Bird, Loans Manager at NADF, about the Indigenous Women Entrepreneurship Program. Kimberley discusses the necessity of such programs, offering insights into financing and grants tailored for Indigenous women. They explore success stories across various sectors and address common challenges faced by entrepreneurs. From bookkeeping essentials to navigating loan applications, this episode offers a comprehensive guide to fostering prosperity and empowerment in Indigenous communities.

Creating Wealth from Acquisitions

Join host Brian Davey as he reveals the secrets of building prosperity through strategic acquisitions. In this episode, Brian explores the ins and outs of acquiring existing businesses, covering financing, management retention, vendor take-backs, and tax considerations. Whether you're a seasoned entrepreneur or a budding investor, Brian's expert guidance will empower you to navigate the complexities of acquisitions and unlock new avenues of wealth creation.

Women in Business with Jamie Hunter

The Indigenous Women in Business Program celebrates and empowers Indigenous women entrepreneurs in Northern Ontario. The program offers more than just financing – it provides essential tools, business support, and comprehensive training to help Indigenous women thrive in their ventures. Whether you're just starting out or looking to expand, the Indigenous Women in Business Program is designed to equip Indigenous women with the skills, funding, and networks necessary for entrepreneurial success.

Our guest, Jamie Hunter, Women in Business Coordinator, joined us to shed some light on how the program assists Northern Ontario Indigenous women in overcoming barriers, accessing funding, building credit, and leveraging financing and support services. Get inspired and empowered to embark on or enhance your entrepreneurial journey with the Prosperity Podcast!

Side Hustles with Ajey Meekis

Side hustles are passion projects or small businesses that individuals pursue alongside their primary source of income. They often serve as a creative outlet, a way to explore entrepreneurial aspirations, or a means to generate extra income. At NADF, we recognize the importance of side hustles in fostering economic empowerment and sustainability within Indigenous communities.

To learn more, we invited Ajey Meekis, Account Manager, takes us on a journey to explore the world of side hustles and discover how NADF is championing these ventures to drive economic growth and prosperity in Indigenous communities.