S.U.R.V.I.V.A.L. Guide
S Size up the situation
U Undue haste makes waste
R Remember where you are
V Vanquish fear and panic
I Improvise
V Value living
A Act like the natives
L Learn

Entrepreneurs and investors exist in a highly competitive world that does'nt appreciate their work until an IPO or acquisition proves they were right. The ebbs and flows of market interest can be fickle. Staying on track and positive can be a challenge when all your support structures are being tested. Here's what people who are trained to survive do to win in the face of adversity:
When Special Forces units are in the middle of a battle with no time for reflection, they use the acronym - SURVIVAL - to help them cope. While the stakes in entrepreneurship are not as high as those in war, when you've got your life savings on the line being able to improve your situation when things are tough is an invaluable skill. The following guide is for innovators who explore new paths without maps to show them the way.
S = Size up the situation
In order to make the right decisions under pressure you have know where you are and what the situation is. Take time to list all your resources. What factors do you have in your favour? What forces are working against you? Research. Get some facts. You don't have to win every battle to win the war.
U = Undue haste makes waste
No matter how threatening the moment you are in now there is always going to be another moment following it - unless you lose your head. Even though it seems nonintuitive, take a moment to be sure you are ready for your next step. Review the data you have acquired. Plan.
R = Remember where you are
You are here because of a number of decisions and choices made along the road. Know your mission and strategy. Don't be surprised - be prepared.
V = Vanquish fear
If you are overwhelmed by fear or procrastination then the game might as well be over. To keep moving requires self-discipline, courage, and intelligence. Don't acquire habits that will slow you down or make you more susceptible to fear.
I = Improvise
Even best made plans cannot anticipate all eventualities. You have to be prepared to make new plans depending on circumstances. More importantly, be prepared to make mistakes and learn from them. Starting over again from a stronger position is often a good idea.
V = Value living
Great causes need great martyrs but that's not why you're here. The world might just be a better place if you can survive and prosper - so, no heroics or fourth quarter hail-Mary passes. Leave that to your opponents. We all want to be heroes of one type or another but don't let useless heroic acts stop you from long term success.
A = Act like the natives
There is always someone around who knows more than you do about where you are. Don't be afraid to seek them out. Ask them questions. Become like them if only to be better able to get them to talk. Respect who they are and what they do. You'll be better off for it.
L = Learn
You may be an inventor or an investor but no matter how you identify yourself be sure of one thing: What you know today may be useless tomorrow. Take the time to brush up on old skills and learn new ones. Make skill and knowledge building part of your every day life.

The above information was derived from the U.S. Special Forces field manual 3-05.70


















Local News
B.C. companies attracted the greatest increase in venture capital investment in all of Canada last year -- Ontario falls behind as Canada's economic core moves west.

Wellington Financial provides $5 million financing for SimEx!Iwerks. The $5 million debenture financing will provide the capital SimEx!Iwerks requires to pursue additional attraction co-ventures.

JumpTV (AIM:JTV) (TSX:JTV) announces a proposed public offering of common shares in each of the provinces of Canada. Canaccord Capital Corporation and Morgan Stanley Canada Limited are the joint bookrunners of the underwriting.

CI Financial Income Fund ("CI") announces a take-over bid for all of the outstanding shares of Rockwater Capital Corporation ("Rockwater"), and Rockwater has agreed to support the offer. The offer will be made at an offer price of $7.65 per Rockwater share.


Four Seasons Hotels Inc. announces it will implement the previously announced proposal to take Four Seasons private at a price of US$82.00 cash per Limited Voting Share. The transaction values the Four Seasons at US $3.8 billion.

US VCs are stepping in where Canadian investors fear to tread according to the Ottawa Business Journal. In other words, they are eating our lunch.

Absolute Software of Vancouver landed a big contract with Dell for its laptop theft security solution.

The French Chamber of Commerce in Canada presents the third edition of the Venture Capital Forum Canada-France February 12-13, 2007 at the Hotel Ritz Carlton.

The Ottawa Business Journal has the second part of its series on startups to watch.

Chromos Molecular Systems Inc. intends to raise approximately $8 million (CDN) through a private placement of Units at a price of $0.15 per Unit.

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