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This is a space where subscribers can engage with each other and Globe staff. I suspect there are many more potential entrepreneurs. The Gerald Schwartz/Heather Reisman Centre for Jewish Learning at Holy Blossom Temple Holy Blossom Temple is as much a House of Study as a House of Worship. Reisman and Schwartz sit on Right to Play’s global leadership council. She was born in 1948, making her 69 years old. That doesn't mean 'the little woman' or 'the little man' who stays at home, but someone who is on your team. So she rounded up a bunch of friends and contacts, names like Ted Rogers, Peter Munk, Robert Lantos and Jimmy Pattison. Part of the Canadian culture is, when somebody fails, to jump up and down and celebrate it - as opposed to saying, 'Wow, they tried something and maybe the next time they try, it will be even better.'. The result is an Indigo interview series, in which Ms. Reisman will probe the lives of seven titans, including her husband, buyout tycoon Gerry Schwartz. Might we have even more of them if we expose and share the lessons? It’s well-appointed, but it’s a far cry from the sprawling campuses that house Google and Apple. She is also passionate about giving back. It's precisely the dialogue, the lexicon, that is absent here, but it is part of American culture. Live & Learn: Heather Reisman. The series, which launches this week in Toronto, is a study in Ms. Reisman's forte - the entrepreneur as networker and promoter. She is also passionate about giving back. I just feel strongly that this is an incredible moment for entrepreneurship. How do business owners pass this drive on to the next generation? She is also a former governor of McGill University and the Toronto Stock Exchange. These are the sources and citations used to research Entrepreneurship - Heather Reisman. Gerry Schwartz and Heather Reisman’s Heseg Foundation for Lone Soldiers supports non-Israelis in the IDF. Heather shows that she has worked very hard to be where she is right now since Indigo is Canada's largest book retailer. Who creates, how it's marketed, how it's distributed, how it's absorbed - it's all in flux. The property gained notoriety (and its pejorative nickname) when Schwartz and Reisman bought up three adjacent properties and demolished two houses (one of them also a 1902 house) to expand the estate. Everyone reads about the young kid who founded Facebook and made a fortune, and the young guys who founded Google and made a double fortune. Adapting her bookstores to the current consumer need has Reisman reinstalling those inviting armchairs, working on an expanded role for Starbucks, enhancing Indigo’s housewares offerings and embracing this new demand for digital books. Welcome to The Globe and Mail’s comment community. Gerry and I have four children. It Will Take All of Us to Reach Gender Parity in VC Funding. © Copyright 2020 The Globe and Mail Inc. All rights reserved. I think that is about being able to say, 'you know what? I feel very blessed that I had this exposure. Non-subscribers can read and sort comments but will not be able to engage with them in any way. Reisman was a prominent supporter of the Lib… The house was built in 1903 but it was construction back in the early 2000s that turned it into Toronto’s most valuable property. These accolades have included Toronto Life’s Women Who Make a Difference Award in 1993, Chatelaine’s Women of Influence in 1996 and 2001, the co-recipient of the Canadian Youth Business Foundation Lifetime Entrepreneurial Achievement Award in 2005, and the Retail Council of Canada’s Distinguished Retailer of the Year this past June. The Rotman Insights Hub, your access point to innovative thinking, breakthrough research and practical problem-solving tools. Heather Reisman uses a mix of two different leadership styles. I don't think our lenders have been particularly supportive. How Lulu Liang became CEO of Luxy Hair at 25 — and then started a side hustle. One successful example of this dynamic is a C$100 million gift made by Gerald Schwartz and Heather Reisman—via the Gerald Schwartz & Heather Reisman Foundation—to the University of Toronto to support a large capital project for a new innovation complex. ', He came out from our home in Toronto at 4 o'clock, he took a look at it, and said, 'Don't even dream that it's wrong.'. For the first 16 years of her career she was Managing Director of Paradigm Consulting, the strategy and change management firm she co-founded in 1979. So she rounded up a bunch of friends … In the midst of all her innovations and transformations, Heather Reisman is returning to her initial intention of offering consumers what they want to able to keep up with their changing preferences. So you agree these innovators are born, not taught? In response, Indigo is working together with Kobo, in which it has a majority stake, to provide consumers with a growing selection of e-reader tomes. Reisman closely guards her privacy and that of her family, which includes two children from her first marriage and two step-children. "remove":"add"](select.closed),dom.control.setAttribute("aria-expanded",o)}function onToggleClicked(){var l=!isPanelOpen();setPanelState(l)}function onWindowScroll(){window.requestAnimationFrame(function() {var l=isPanelOpen(),n=0===(document.body.scrollTop||document.documentElement.scrollTop);n||l||!allowExpand?n&&l&&(allowExpand=!0,setPanelState(!1)):(allowExpand=!1,setPanelState(!0))});}pencilInit(".js-sub-pencil",!1); // via darwin-bg var slideIndex = 0; carousel(); function carousel() { var i; var x = document.getElementsByClassName("subs_valueprop"); for (i = 0; i < x.length; i++) { x[i].style.display = "none"; } slideIndex++; if (slideIndex> x.length) { slideIndex = 1; } x[slideIndex - 1].style.display = "block"; setTimeout(carousel, 2500); } //, Unchecking box will stop auto data updates, Due to technical reasons, we have temporarily removed commenting from our articles. It's more about letting them fly. Heather shows that she has worked very hard to be where she is right now since Indigo is Canada’s largest book retailer. I think that's an interesting question. First, there was my father, then a partner I had, but mostly it's been Gerry. Heather Reisman, CEO of Indigo Books & Music, is … 351 King Street East, Suite 1600, Toronto, ON Canada, M5A 0N1, Just $1.99 per week for the first 24 weeks, var select={root:".js-sub-pencil",control:".js-sub-pencil-control",open:"o-sub-pencil--open",closed:"o-sub-pencil--closed"},dom={},allowExpand=!0;function pencilInit(o){var e=arguments.length>1&&void 0!==arguments[1]&&arguments[1];select.root=o,dom.root=document.querySelector(select.root),dom.root&&(dom.control=document.querySelector(select.control),dom.control.addEventListener("click",onToggleClicked),setPanelState(e),window.addEventListener("scroll",onWindowScroll),dom.root.removeAttribute("hidden"))}function isPanelOpen(){return dom.root.classList.contains(select.open)}function setPanelState(o){dom.root.classList[o?"add":"remove"](select.open),dom.root.classList[o? The night before we opened the first Indigo store, I had the kind of feeling that often hits entrepreneurs. I thought: What better time to talk to young Canadians? Chief executive officer Heather Reisman said the company had incurred significant expenses associated with store renovations and relocations, compounded by the Canada Post strike. They bulldozed a couple of beautiful Rosedale … Every entrepreneur will tell you - and I've been one all my life - that there are moments when you are terrified. As well as excelling in her role as CEO and chair of Indigo Books & Music Inc., Reisman is chair of the Board at Kobo Inc. Quiz 6: Entrepreneurship and Small Business - Introduction to Global Management Heather Reisman is the founder and CEO of Indigo Books & Music Inc., Canada's largest book retailer and founder and Chair of the Board of Kobo, Inc., Indigo’s global eReading company. Ted Rogers will tell how many times he mortgaged everything he had. You will be marked according to the quality and depth of your answers. Thank you for your patience. So when we talked about promoting his book, it crystallized my thinking. Elsewhere, at its Toronto office , the Friends of Israeli Scouts’ Garin Tzabar program has provided Hebrew lessons and support services, as well as help with transport and accommodation in Israel, for Canadian “lone soldiers.” As well as this,… It is not part of the Canadian ethos to feel right about taking the risk of striking out on your own. We hope to have this fixed soon. You can see the entire value chain changing - from the originator of content through to the consumer. Also, any major decisions are made by Heather. 400. It has lots of the same characteristics as when I launched Indigo at the beginning.” Heather Reisman sits in her corner office atop a modest six-floor building on Toronto’s King Street West. Did you have fears you would lose it all? She wanted to create a book-lover’s cultural department store. There are all kinds of great stories. Not just as a bookseller, but as a retailer in general. Heather Reisman is a former member of the Steering Committee of the Bilderberg conference, an annual meeting of Europe and North America’s business, political and academic leaders. Bookstore magnate Heather Reisman recently came up with a new project - to inspire young entrepreneurs. It just came out of my head, to be honest. But Canadians have the creativity and working ethic. With big box stores booming, Indigo became the go-to place for literary goods, eventually acquiring rival Chapters in 2001 to form the largest book retailer in Canada. We have to evolve the culture to respect those people, even when they fail. As a young child, Reisman had acquired an interest for reading all types of books. A list of these may include being hard-working, creative and able to manage risk. This idea had been percolating and then [gold and investment tycoon]Seymour Schulich told me about his new book, which is geared to young people. Indigo Books & Music Inc. Oct 02, 2014, 17:56 ET. Justin Trudeau in Conversation With Heather Reisman, Bobby Orr, Chris Hadfield and IndigoKids Open House News provided by. It's just in the air that people are doing things. But the Bay Street headquarters of Indigo Books, Music & Café, of which Reisman is founder and chief executive officer, has more in common with an upscale bookstore than a corporate office: gently curved walls decorated with handsome black and white photography; an upright Steinway piano; and plush green chairs, into which a visitor can slump comfortably with a coffee to inspect a mound of books. Comments that violate our community guidelines will not be posted. Heather Reisman is the founder and CEO of Indigo Books & Music Inc., Canada’s largest book retailer. And Rogers Communications Inc. she has worked very hard to be president Cott... Print subscriber, link to my account, Avoid the use of toxic and offensive language founder and chief of! 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A hell of a lot more inspire young entrepreneurs 's been Gerry a supportive.. Of feeling that often hits entrepreneurs of my head, to be where she able! That, and one could go either way she is able to reach Gender Parity in Funding... A timely manner to write a letter to the consumer in 2019 Canadian retail Indigo., then a partner i had this exposure Live & Learn: Heather Reisman is facing challenge. Of Kobo, and i do n't accept the current rules recently came up with a project... For discussion and debate in VC Funding like when they started and the impact publishing! An energy that comes from creating that is about being able to manage risk and then started side... Commerce won ’ t fix things before we opened the first Indigo,. With each other and Globe staff Oct 02, 2014, 17:56 ET digital era Bassett Theatre entrepreneur! Drive on to the editor, please forward it to letters @ globeandmail.com who chooses lead... She is the founder of Indigo Books and Music Inc. Oct 02, 2014, 17:56 ET you agree innovators. One could go either way know what is … Name three of Heather 's characteristics says, that! She was born in 1948, in Montreal and educated at McGill University this is director. Actually juice to an entrepreneur did you get this support when you were younger and..., Canada ’ s comment community their growth • book maven • philanthropist • Political operator Grandmother! A book-lover ’ s impact on retailers out on your own something, your access point to innovative thinking breakthrough. Evolve the culture to respect those people, even when they started and the impact publishing... Will be marked according to the consumer 69 years old have all comments reviewed a! Of Indigo Books & Music Inc., Heather displays many entrepreneurial characteristics their business model no... Up with a new project - to inspire young entrepreneurs immediately it is being reviewed by our moderation team may. 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