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Various photos of the walls near Union Station entrance covered with ads of goods being sold by Well.ca. (Fred Lum/The Globe and Mail)
Various photos of the walls near Union Station entrance covered with ads of goods being sold by Well.ca. (Fred Lum/The Globe and Mail)

SMALL BUSINESS BRIEFING

Online retailer Well.ca raises $5-million, appoints new CEO Add to ...

The latest news and information for entrepreneurs from across the web universe, brought to you by the Report on Small Business team. Follow us on Twitter @GlobeSmallBiz .

Founder stepping down to ‘focus on new venture’

Online health, beauty and baby-product retailer Well.ca has appointed a new chief executive officer, and raised an additional $5-million in financing.

The Guelph, Ont.-based company received the money from a group of investors led by iNovia Capital, which issued the release that can be seen here.

The e-commerce player was founded in 2008 by Ali Asaria, who is stepping down to “focus on a new venture” but will remain on its board of directors, the release said.

Taking his place is Rebecca McKillican, who was formerly a principal at private equity firm KKR & Co. LLP.

Well.ca was the subject of one of our case studies in June, 2012. At that time, it had 80 employees spread in three offices in Guelph, Waterloo and Toronto.

How to make your own luck

How much does luck play a role in success? The most successful people give it more credit than others, according to the author of a new book, Business Brilliant, writing here in Inc.

Author Lewis Schiff writes that survey research he did for his book found that about 80 per cent of self-made millionaires considered luck key to success, higher than the figures they attributed to education, creativity, investing “and a lot of other things commonly associated with building wealth.” Just as interesting, people he described as ordinary middle class put more emphasis on education and far less on luck.

He also writes that studies have found that those who consider themselves lucky “have a distinct set of habits and attitudes” that set them apart from those who see themselves as unlucky. And those are the very attitudes and habits that the self-made millionaires he found displayed, he says.

So how can you build your own luck? Mr. Schiff offers five ways. Among them, he says, that people who have specific goals and focus find it easier to recognize lucky opportunities. Who you associate with also affects luck as well as working on their strengths.

KEY EVENTS AND DATES

Digital conference

Mesh13, a two-day digital conference exploring the evolving web and emerging trends, takes place May 15 and May 16. For information, click here.

Big Data Week

April 22 to April 28 will mark Big Data Week, with events taking place in more than 18 cities, including Toronto. The week examines and connects all aspects of big data, bringing together a host of players globally. Viafoura Inc. is behind events taking place in Toronto.

Toronto Forum on Entrepreneurship and Innovation

Ryerson University’s Ted Rogers School of Management will host an event looking at how entrepreneurship can help build communities, the city of Toronto and its international competitiveness. The Toronto Forum on Entepreneurship and Innovation will be held on May 7 featuring speakers, panel discussions. For more information and registration, click here.

What would you do with $100,000?

The Globe and Mail and Telus Corp. have teamed up for the third annual Small Business Challenge contest, with a $100,000 business grant up for grabs. Businesses that want to apply need to describe the biggest challenge they are now facing, and how such a sum would help them overcome it. The contest, running until May 27, is open to small businesses across the country, except in Quebec, with fewer than 150 employees. For more information and to enter, click here.

EDITOR’S PICKS FROM REPORT ON SMALL BUSINESS

What stresses out dessert queen Dufflet? Wedding cakes

Making brides happy brings challenges, according to Dufflet Rosenberg, who has spent nearly four decades building a multi-million dollar business in a competitive industry.

FROM THE ROSB ARCHIVES

Antique biscuit maker proves old ways can still be best

A Victoria organic food store makes it own oatcakes with an 80-year-old machine, as this piece reported in October, 2011.

Got a tip on news, events or other timely information related to the small-business community? E-mail us at smallbusiness@globeandmail.com Join The Globe’s Small Business LinkedIn group to network with other entrepreneurs and to discuss topical issues: http://linkd.in/jWWdzT Our free weekly newsletter is now available. Every Friday a team of editors selects the top picks from our blog posts, features, multimedia and columnists, and delivers them to your inbox. If you have registered for The Globe’s website, you can sign up here .

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