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Jim Balsille

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BlackBerry

Jim Balsille

The inventor/ innovator of blackberry is Jim Balsille. He was born in Seaforth, Ontario.
After high school Jim went to University of Toronto to pursue Business of commerce degree.
After he did his masters at Harvard University and he did his PhD at Wilfrid Laurier. In 1992
Jim made a company called Research in Motion (RIM), this wireless technology that revolved communications with the development of blackberry. Balsille serves as Rim’s Chairman and Co- chief executive officer. Rim shared offices with a guy named Mike Lazaridis and they both ran
Rim and Blackberry. They were successful businessmen in Canada and had a successful business which ran for a long time.

Rim released Rim 900, the first device that is capable of using a keyboard. Rim helped blackberry to add voice calling capabilities and helped blackberry to release a colour screen. In the early 2000’s Blackberry was the most common cell phone, this cellphone was ahead of other cell phones in the market. This cell phone created many buzzes throughout the business world because most of gadgets on the phone was helpful. Some of the gadgets that were built into his phone are text messaging, push email, web browsing, internet faxing, and multi touch interface.

Blackberry gave their Email service to many companies after becoming successful in the cell phone market. Many stockbrokers and celebrities were purchasing blackberries. Blackberry won many awards for their services and qualities. By 2005 there were more than three million
Black berry users and the company has a market value of 14.3 billion. Blackberry invented different types of smartphones. They released the push capabilities of various other BlackBerry
Applications. Blackberry was the first to release a phone that had Gsm on it also they had headphones connected to their phones which made many consumers to buy the phone. In 2005, the 8700 was the base of the new sleek style blackberry being produced right now.

The challenges they faced was being sued for their patents they made and they were facing legal difficulties that was a long term affect. Rim was sued by NTP, Ntp was a patent company holding firm based in Virginia .Rim had to pay $450 million dollars to NTP. In 2007 they faced their biggest problem, they were being faced by apple. In that year apple released their smartphone that was going to change the phone industry and the phone did it what supposed to do. Everyone turned to apple for their phones and other companies like google and Samsung joined in to create smartphones for the people. The iPhone was far superior and advanced then the phone blackberry released in 2007, so they found a decline in shares and subscribers buying their product. Then Blackberry released their playbook which was an unfinished product, this playbook crashed the blackberry market down. Many buyers weren’t expecting many technical difficulties and wasn’t expecting the quantity and quality of the tablet to be awful. The playbook was competing with the iPad, apple was currently holding the show so blackberry had to bring their best with their product. Many buyers started to give bad comments about the tablet and their subscribers were decreasing.

Characteristics that you would need to have for an entrepreneur take your job seriously, truly believe in your business and the goods your selling. Always stay motivated and positive, they can also help you make very good annual incomes and good growing ability in your job. Another one manage money wisely promote and market your business, all business owner must become wise money managers to ensure that the cash keeps flowing. Another characteristic is to get to know your customers, this is the most significant competitive edge, your trying to draw a lot of consumer and new comers to your business so more income will come. The fourth characteristic is invest in yourself, this characteristic can help your brain and can also provide you with tips. You can be reading files, books, reports and magazines. Many entrepreneurs go to meeting, marketing seminars and training courses because education is not a limited thing. The fifth characteristic is get and stay organized, is managing your business, having systems in your working time. Having routines will keep you on top of important tasks to tackle. Creating a calendar and writing bullet forms can help you manage your everyday activities and help you get prepared for your consumers. Putting appointments on calendars can help organize your days, this will make meetings and work days not in a rush. The first interesting fact is that Research in
Motion is the company that been developing and designing the Blackberry phones since
1996.The second interesting fact is the name Blackberry came from the design the keys were on the original Blackberry. Thirdly, Blackberry introduced more than ten different blackberry models since the 1990’s.Fourthly in 2007, Blackberry had more market shares than the first IPhone.

The Blackberry and RIM would have significantly impacted the Canadian economy a lot because this company was one of the successful companies to create smartphones which is a big hit everywhere in the world. These two companies created jobs for thousands of people and the
Canadian government would’ve got more tax money from the workers. New citizens would come from other worlds to live in Canada to work for Blackberry because Blackberry is an worldwide known company.

Robins, G. (2013, September 24). BlackBerry timeline: A look back at the tech company’s

history. Retrieved December 2, 2015, from http://globalnews.ca/news/860689/blackberry-

timeline-a-look-back-at-the-tech-companys-history/

Woyke, E. (n.d.). A Brief History Of The BlackBerry. Retrieved December 2, 2015, from

http://www.forbes.com/2009/08/17/rim-apple-sweeny-intelligent-technology-blackberry.html

(n.d.). Retrieved December 2, 2015, from https://en.wikipedia.org/wiki/BlackBerry

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