“Little Steps” Took Canaccord Founder to the Top

Vancouver Sun, May 11, 2011

“We started in ‘68, and by ‘71 we were bust after having a bit of a good run,” Brown recalled in an interview at his office.

The young businessman took inspiration from a 17-page Time magazine essay –Millionaires Under 40 — that examined the attributes of several U.S. millionaires.
“They only had one thing in common — they’d all gone tits-up twice,” Brown said. “They were all resilient.
“Business is not big steps. It’s little steps, some forward and some back.”

Brown’s steps forward have turned his $23,000 investment into a public company with a market capitalization of $1.1 billion and outposts in Toronto, New York, London and China.

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