What are the most important qualities that make a successful entrepreneur? The ability to communicate. The ability to express your idea with certainty. That's how you become a leader-even if you are unsure, your ability to explain your vision and your direction is the attribute you need the most. ... Articulate your idea in 90 seconds or less.

There are a lot of impractical things about owning a Porsche. But they're all offset by the driving experience. It really is unique. Lamborghinis and Ferraris come close. And they are more powerful, but they don't handle like a Porsche.

I'm not going to leave Canada, I'm going to fix it.

So much of life is a negotiation - so even if you're not in business, you have opportunities to practice all around you.

Building fast-growing, globally competitive companies is tough.

Downturns are the best time to start businesses because you develop discipline that's very lean and mean in terms of how to spend money. And those habits serve you very well in good times.

You either make it illegal, in which case you support a huge underground economy or you tax it within the limits people can afford.