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Quick-Show Notes:

In this episode of The Millionaire’s Lawyer, JP and Colin Browning discuss:

Backing things up on to a USB every so often is a great idea

Major technological failings in corporations are:

• Have never invested in anything technological
• Are unaware of who has access to what digital asset
• Understanding what a back up is, and how important they are
• Having a technology Disaster Recovery plan should be essential to every company.

Monstrous task to get everything back if you don't have things backed up; with a chance of losing everything.

Threats are not ass imminent as the marketing makes you feel; you're not that interesting to hackers yet.

Hackers are generally going for resources

Best advice for preventative measures:

• Be as secure as you can afford
• Invest in user training
• Online password managers

Sandra Estoks Episode - If you would like to check out what JP is referencing!

"Hijacked" - Actively locked down

• Make sure you have adequate documentation
• Modern Firewall

Future of tech businesses post COVID-19

• A lot of people will have learned more about technology and how to use it
• People will realize that AI will one day be able to replace their job

AI

• Quite far ahead
• Giving power over to AI would allow us to do more of what we want
• "AI Collective"
• More good is created then negative

Kids and tech is like gambling

The Internet here in Canada sucks due to us being the second-largest landmass.

Principals to Launch a Business:

1. Persistence
2. Know what you are good at
3. Don't go big, borrow if you don't have to, or lose sight of your goal
4. Take a step back if needed

Learning lessons for past failures:

• Hire out people who are better than you at your weaknesses
• Communicate to your peers
• Reflect on both the positive and the negative; it will allow you to grow and develop both as a person and a business owner

Learn to relax

Cut out the negative

Personal development is huge

Be aware of where things are coming from - a positive or negative source

80/20 Rule

80% noisy clients, take up a lot of your time, 20% quite customers that can at least make your baseline

Be persistent

Do the obvious

Hire out

Find time for yourself.

Connect with Colin Browning:

Barrhaven Tech

BrowningIT

LinkedIn

Connect with your host, JP:

Twitter

Instagram

Facebook

Website

Show:

LinkedIn

Email: jpmcavoy@conductlaw.com

Phone: 1-833-890-8878

THANK YOU TO OUR SPONSOR:

Conduct Law

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