Press "Enter" to skip to content

Business Ideas – 3 Lessons from Guy Laliberte (Cirque Du Soleil)


hi I’m Evan Carmichael and welcome to a

hi I’m Evan Carmichael and welcome to a special edition of melina masters

special edition of melina masters

special edition of melina masters today’s video is brought to you by

today’s video is brought to you by

today’s video is brought to you by American Express Canada they’ve recently

American Express Canada they’ve recently

American Express Canada they’ve recently launched their em extra business Canada

launched their em extra business Canada

launched their em extra business Canada page on Facebook and it has lots of

page on Facebook and it has lots of

page on Facebook and it has lots of resources tools information news for

resources tools information news for

resources tools information news for Canadian entrepreneurs that I hope you

Canadian entrepreneurs that I hope you

Canadian entrepreneurs that I hope you go check out and support the video as

go check out and support the video as

go check out and support the video as well now I believe that the fastest and

well now I believe that the fastest and

well now I believe that the fastest and most effective way to grow your business

most effective way to grow your business

most effective way to grow your business is to model the strategies of people

is to model the strategies of people

is to model the strategies of people who’ve already done what you’re trying

who’ve already done what you’re trying

who’ve already done what you’re trying to do so today we’re going to look at

to do so today we’re going to look at

to do so today we’re going to look at how a young entrepreneur went from

how a young entrepreneur went from

how a young entrepreneur went from sleeping on park benches and

sleeping on park benches and

sleeping on park benches and entertaining in the streets to make

entertaining in the streets to make

entertaining in the streets to make money however from that to becoming a

money however from that to becoming a

money however from that to becoming a multi-billionaire and a high stakes

multi-billionaire and a high stakes

multi-billionaire and a high stakes poker player and space tourist in his

poker player and space tourist in his

poker player and space tourist in his spare time this is a story of guy

spare time this is a story of guy

spare time this is a story of guy laliberté from Cirque du Soleil and the

laliberté from Cirque du Soleil and the

laliberté from Cirque du Soleil and the top three lessons and you can learn from

top three lessons and you can learn from

top three lessons and you can learn from his success

Guy Laliberte is a Canadian entrepreneur

Guy Laliberte is a Canadian entrepreneur philanthropist poker player space

philanthropist poker player space

philanthropist poker player space tourists and the founder of Cirque du

tourists and the founder of Cirque du

tourists and the founder of Cirque du Soleil when laliberté was 18 years old

Soleil when laliberté was 18 years old

Soleil when laliberté was 18 years old he left Canada for Europe to become a

he left Canada for Europe to become a

he left Canada for Europe to become a street performer he played traditional

street performer he played traditional

street performer he played traditional Canadian music on an accordion with a

Canadian music on an accordion with a

Canadian music on an accordion with a hot for donations and slept on a park

hot for donations and slept on a park

hot for donations and slept on a park bench by night he also met other street

bench by night he also met other street

bench by night he also met other street performers who taught him how to breathe

performers who taught him how to breathe

performers who taught him how to breathe fire juggle perform magic and walk on

fire juggle perform magic and walk on

fire juggle perform magic and walk on stilts before returning home unable to

stilts before returning home unable to

stilts before returning home unable to find a nine-to-five job back home he

find a nine-to-five job back home he

find a nine-to-five job back home he started a business that would create

started a business that would create

started a business that would create large-scale street shows after three

large-scale street shows after three

large-scale street shows after three years of successful shows in 13 Canadian

years of successful shows in 13 Canadian

years of successful shows in 13 Canadian cities a llevarte wanted to get bigger

cities a llevarte wanted to get bigger

cities a llevarte wanted to get bigger in 1987 his company was booked as the

in 1987 his company was booked as the

in 1987 his company was booked as the opening act for the Los Angeles arts

opening act for the Los Angeles arts

opening act for the Los Angeles arts festival he spent all the money he had

festival he spent all the money he had

festival he spent all the money he had to get the Los Angeles and prepare for

to get the Los Angeles and prepare for

to get the Los Angeles and prepare for the show if it didn’t work out he’d have

the show if it didn’t work out he’d have

the show if it didn’t work out he’d have to perform on the streets to get gas

to perform on the streets to get gas

to perform on the streets to get gas money to go home luckily for him the

money to go home luckily for him the

money to go home luckily for him the gamble paid off his performance received

gamble paid off his performance received

gamble paid off his performance received standing ovations and ticket sales came

standing ovations and ticket sales came

standing ovations and ticket sales came flying in with an estimated net worth of

flying in with an estimated net worth of

flying in with an estimated net worth of 2.5 billion dollars ally birthday was

2.5 billion dollars ally birthday was

2.5 billion dollars ally birthday was ranked by forbes in 2011 as the 11th

ranked by forbes in 2011 as the 11th

ranked by forbes in 2011 as the 11th wealthiest canadian and 450 ninth in the

wealthiest canadian and 450 ninth in the

wealthiest canadian and 450 ninth in the world in 2006 a llevarte was named the

world in 2006 a llevarte was named the

world in 2006 a llevarte was named the Ernst & Young Entrepreneur of the year

Ernst & Young Entrepreneur of the year

Ernst & Young Entrepreneur of the year and his company now employs over 5,000

and his company now employs over 5,000

and his company now employs over 5,000 people not bad for hustling entrepreneur

people not bad for hustling entrepreneur

people not bad for hustling entrepreneur who started off sleeping on park benches

who started off sleeping on park benches

who started off sleeping on park benches because it couldn’t afford the pay rent

by taking risks and by tapping into his

by taking risks and by tapping into his creative juices Guy Laliberte was able

creative juices Guy Laliberte was able

creative juices Guy Laliberte was able to go from a homeless street performer

to go from a homeless street performer

to go from a homeless street performer into a multi-billionaire to help you

into a multi-billionaire to help you

into a multi-billionaire to help you grow your business here are three action

grow your business here are three action

grow your business here are three action items and you can learn from guy

items and you can learn from guy

items and you can learn from guy laliberte action item number one have a

laliberte action item number one have a

laliberte action item number one have a greater purpose is your goal to make a

greater purpose is your goal to make a

greater purpose is your goal to make a lot of money or to change the way

lot of money or to change the way

lot of money or to change the way something is done if you look at the

something is done if you look at the

something is done if you look at the most successful entrepreneurs in the

most successful entrepreneurs in the

most successful entrepreneurs in the world you’ll find that they started

world you’ll find that they started

world you’ll find that they started their businesses to have an impact sure

their businesses to have an impact sure

their businesses to have an impact sure they had to make money but it wasn’t our

they had to make money but it wasn’t our

they had to make money but it wasn’t our primary objective strangely enough if

primary objective strangely enough if

primary objective strangely enough if money is your only goal then it rarely

money is your only goal then it rarely

money is your only goal then it rarely comes to you but when you focus on a

comes to you but when you focus on a

comes to you but when you focus on a greater purpose you’re much more likely

greater purpose you’re much more likely

greater purpose you’re much more likely to become successful

to become successful

to become successful belieber today’s goal isn’t to make

belieber today’s goal isn’t to make

belieber today’s goal isn’t to make money it’s to touch people even if it’s

money it’s to touch people even if it’s

money it’s to touch people even if it’s only for a few hours on a single day he

only for a few hours on a single day he

only for a few hours on a single day he goes to great lengths to help people

goes to great lengths to help people

goes to great lengths to help people open their imagination be odd like a

open their imagination be odd like a

open their imagination be odd like a child and see the world in a slightly

child and see the world in a slightly

child and see the world in a slightly different way he transformed the circus

different way he transformed the circus

different way he transformed the circus industry from being large-scale

industry from being large-scale

industry from being large-scale amusement park shows designed to make

amusement park shows designed to make

amusement park shows designed to make people laugh to a full-out experience

people laugh to a full-out experience

people laugh to a full-out experience that exposes people to new cultures and

that exposes people to new cultures and

that exposes people to new cultures and ideas according to the Lubar tape we are

ideas according to the Lubar tape we are

ideas according to the Lubar tape we are in a position of financial and social

in a position of financial and social

in a position of financial and social power and we could be agents of change

power and we could be agents of change

power and we could be agents of change in our society without pretension I

in our society without pretension I

in our society without pretension I believe we could be a nice little

believe we could be a nice little

believe we could be a nice little gardener who takes care of the garden

gardener who takes care of the garden

gardener who takes care of the garden and hopefully our neighbor will do the

and hopefully our neighbor will do the

and hopefully our neighbor will do the same then maybe we’ll achieve a better

same then maybe we’ll achieve a better

same then maybe we’ll achieve a better world inside every adult there’s still a

world inside every adult there’s still a

world inside every adult there’s still a child that lingers we’re happiness

child that lingers we’re happiness

child that lingers we’re happiness merchants given people the opportunity

merchants given people the opportunity

merchants given people the opportunity to dream like children

to dream like children

to dream like children action item number to foster creative

action item number to foster creative

action item number to foster creative workplace very few entrepreneurs can’t

workplace very few entrepreneurs can’t

workplace very few entrepreneurs can’t benefit from an influx of creativity

benefit from an influx of creativity

benefit from an influx of creativity into their businesses when you and your

into their businesses when you and your

into their businesses when you and your team are creative you’re coming up with

team are creative you’re coming up with

team are creative you’re coming up with new ways to solve problems unique

new ways to solve problems unique

new ways to solve problems unique products and services to sell and

products and services to sell and

products and services to sell and interesting ideas to fuel your future

interesting ideas to fuel your future

interesting ideas to fuel your future success think about your own success did

success think about your own success did

success think about your own success did you have your best ideas when you’re in

you have your best ideas when you’re in

you have your best ideas when you’re in a creative space or when you are

a creative space or when you are

a creative space or when you are stressed out and overworked a llevarte

stressed out and overworked a llevarte

stressed out and overworked a llevarte believes that if you create a positive

believes that if you create a positive

believes that if you create a positive place to work you’ll be rewarded with

place to work you’ll be rewarded with

place to work you’ll be rewarded with unique ideas that will help you grow

unique ideas that will help you grow

unique ideas that will help you grow your business he’s resisted the urge

your business he’s resisted the urge

your business he’s resisted the urge many entrepreneurs have to go public

many entrepreneurs have to go public

many entrepreneurs have to go public because he wanted to prevent shareholder

because he wanted to prevent shareholder

because he wanted to prevent shareholder pressure for short-term profits he also

pressure for short-term profits he also

pressure for short-term profits he also invests forty percent of profits back

invests forty percent of profits back

invests forty percent of profits back into research and development twice the

into research and development twice the

into research and development twice the average for his industry his hands off

average for his industry his hands off

average for his industry his hands off management style allows his team to be

management style allows his team to be

management style allows his team to be as creative as possible without his

as creative as possible without his

as creative as possible without his interference and he only provides

interference and he only provides

interference and he only provides feedback in the final phases of

feedback in the final phases of

feedback in the final phases of production according to laliberté I

production according to laliberté I

production according to laliberté I believe that the prophets will come from

believe that the prophets will come from

believe that the prophets will come from the quality of your creative products

the quality of your creative products

the quality of your creative products business is difficult but it could be

business is difficult but it could be

business is difficult but it could be approached two ways seriously or with

approached two ways seriously or with

approached two ways seriously or with the same way you’re doing your job with

the same way you’re doing your job with

the same way you’re doing your job with entertainment aspect with pleasure with

entertainment aspect with pleasure with

entertainment aspect with pleasure with fun and we decided to try to make it as

fun and we decided to try to make it as

fun and we decided to try to make it as fun that we do our creativity I believe

fun that we do our creativity I believe

fun that we do our creativity I believe in nurturing creativity and offering a

in nurturing creativity and offering a

in nurturing creativity and offering a haven for creators enabling them to

haven for creators enabling them to

haven for creators enabling them to develop their ideas to the fullest we

develop their ideas to the fullest we

develop their ideas to the fullest we are each but a quarter note in a grand

are each but a quarter note in a grand

are each but a quarter note in a grand symphony action item number three take

symphony action item number three take

symphony action item number three take risks it almost goes hand in hand it to

risks it almost goes hand in hand it to

risks it almost goes hand in hand it to be an entrepreneur you have to take some

be an entrepreneur you have to take some

be an entrepreneur you have to take some risks you’re venturing into the unknown

risks you’re venturing into the unknown

risks you’re venturing into the unknown and are creating new products and

and are creating new products and

and are creating new products and services but when you’re betting on

services but when you’re betting on

services but when you’re betting on yourself then there’s no better

yourself then there’s no better

yourself then there’s no better investment in the world if you commit

investment in the world if you commit

investment in the world if you commit the seen things through until you reach

the seen things through until you reach

the seen things through until you reach your goal you’ll have the confidence to

your goal you’ll have the confidence to

your goal you’ll have the confidence to take the necessary risks and move

take the necessary risks and move

take the necessary risks and move mountains to accomplish your vision

mountains to accomplish your vision

mountains to accomplish your vision laliberte isn’t afraid to take risks he

laliberte isn’t afraid to take risks he

laliberte isn’t afraid to take risks he attributes this quality to his early

attributes this quality to his early

attributes this quality to his early years as a street performer or he had to

years as a street performer or he had to

years as a street performer or he had to be creative and daring to stand out and

be creative and daring to stand out and

be creative and daring to stand out and to survive his first big risk was to

to survive his first big risk was to

to survive his first big risk was to change the way a circus was run gone

change the way a circus was run gone

change the way a circus was run gone with the dancing bears and lion tamers

with the dancing bears and lion tamers

with the dancing bears and lion tamers he would create an animal-free circus

he would create an animal-free circus

he would create an animal-free circus he then introduced a concept of having a

he then introduced a concept of having a

he then introduced a concept of having a permanent show how could a circus

permanent show how could a circus

permanent show how could a circus survive without traveling alley birthday

survive without traveling alley birthday

survive without traveling alley birthday would show them he continued to bet on

would show them he continued to bet on

would show them he continued to bet on himself believing that the risk would

himself believing that the risk would

himself believing that the risk would pay off and he was right according to

pay off and he was right according to

pay off and he was right according to Laliberte were not afraid of risking

Laliberte were not afraid of risking

Laliberte were not afraid of risking what was our success yesterday in order

what was our success yesterday in order

what was our success yesterday in order to explore some new field we’re

to explore some new field we’re

to explore some new field we’re adventurous we like the challenge of

adventurous we like the challenge of

adventurous we like the challenge of unknown territory unknown artistic field

unknown territory unknown artistic field

unknown territory unknown artistic field and that’s what stimulates us I have

and that’s what stimulates us I have

and that’s what stimulates us I have seen many successful people fail after

seen many successful people fail after

seen many successful people fail after they start fearing they might lose what

they start fearing they might lose what

they start fearing they might lose what they have built we stop growing if we

they have built we stop growing if we

they have built we stop growing if we start being afraid of taking risks and

start being afraid of taking risks and

start being afraid of taking risks and if we start diminishing our creative

if we start diminishing our creative

if we start diminishing our creative pertinence we should always aim at doing

pertinence we should always aim at doing

pertinence we should always aim at doing more creative endeavors not in terms of

more creative endeavors not in terms of

more creative endeavors not in terms of volume but in terms of more creativity

volume but in terms of more creativity

volume but in terms of more creativity and more sharing I don’t believe in

and more sharing I don’t believe in

and more sharing I don’t believe in pitfalls I believe in taking risks and

pitfalls I believe in taking risks and

pitfalls I believe in taking risks and not doing the same thing twice

not doing the same thing twice

not doing the same thing twice so remember have a greater purpose

so remember have a greater purpose

so remember have a greater purpose foster a creative work place and take

foster a creative work place and take

foster a creative work place and take risks to finish up this video I wanted

risks to finish up this video I wanted

risks to finish up this video I wanted to share with my favorite true stories

to share with my favorite true stories

to share with my favorite true stories about Guy Laliberte and some of his best

about Guy Laliberte and some of his best

about Guy Laliberte and some of his best quotes

Laliberte understands the importance of

Laliberte understands the importance of getting the right people for his company

getting the right people for his company

getting the right people for his company once a year Cirque du Soleil engages in

once a year Cirque du Soleil engages in

once a year Cirque du Soleil engages in a hiring campaign to bring new and fresh

a hiring campaign to bring new and fresh

a hiring campaign to bring new and fresh energized talent on board for 16 weeks

energized talent on board for 16 weeks

energized talent on board for 16 weeks anywhere between 60 and 70 candidates

anywhere between 60 and 70 candidates

anywhere between 60 and 70 candidates from around the world are gathered

from around the world are gathered

from around the world are gathered together to be tested push to their

together to be tested push to their

together to be tested push to their limits Cirque encourages candidates to

limits Cirque encourages candidates to

limits Cirque encourages candidates to do things they probably have never done

do things they probably have never done

do things they probably have never done before evaluating not only their core

before evaluating not only their core

before evaluating not only their core competencies but also their values

competencies but also their values

competencies but also their values generosity courage teamwork and problem

generosity courage teamwork and problem

generosity courage teamwork and problem solving skills laliberté wants to hire

solving skills laliberté wants to hire

solving skills laliberté wants to hire people who are risk-takers just like

people who are risk-takers just like

people who are risk-takers just like himself and who fit with the company’s

himself and who fit with the company’s

himself and who fit with the company’s core values

thank you for joining me for another

thank you for joining me for another dish of modeling the Masters if you guys

dish of modeling the Masters if you guys

dish of modeling the Masters if you guys liked the video please give it a thumbs

liked the video please give it a thumbs

liked the video please give it a thumbs up below I’d also love to hear oh you

up below I’d also love to hear oh you

up below I’d also love to hear oh you guys have to think if you want to leave

guys have to think if you want to leave

guys have to think if you want to leave a comment under the video and thank you

a comment under the video and thank you

a comment under the video and thank you to American Express Canada for

to American Express Canada for

to American Express Canada for sponsoring the video please go check out

sponsoring the video please go check out

sponsoring the video please go check out their amex your business canada facebook

their amex your business canada facebook

their amex your business canada facebook page and stay tuned for next episode

”

Be First to Comment

Leave a Reply

Your email address will not be published. Required fields are marked *