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"I think that insurance is going to be the native business model for the internet of things".
"You know the way that advertising turned out to be the native business model for the internet?" he wondered at a recent conference.
But the biggest and fastest change in the Native business climate is happening in this remote corner of the north where Natives are half of the population.
The Aboriginal Pipeline Group, a company formed by 30 Native leaders, is lobbying the federal government for loan guarantees so it can invest $630 million in the proposed Mackenzie Valley pipeline -- a project that would join Native business interests with a consortium including Exxon Mobil, Imperial Oil and Shell Canada.
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Governments must have a role in helping native businesses compete.
Other Native businesses are polishing diamonds and drilling for gas with their own rigs, hauling equipment on river barges and investing in two local airlines and a helicopter company.
BHP Billiton Diamonds, which operates a large diamond mine in the Northwest Territories, estimates that it placed orders worth 123.6 million Canadian dollars with native businesses in 2002, an increase of almost 17percentt from the previous year.
"And the other aspect, of course, is that we've sent so much of our once native businesses offshore that there really isn't a hell of a lot left in the United States these days beyond education, health services, and to some extent, tech".
And the other aspect, of course, is that we've sent so much of our once native businesses off-shore that there really isn't a hell of a lot left in the United States these days beyond education, health services, and to some extent, tech.
American business competitors in China, Japan and Europe have the government working side by side with their native businesses.
Also support Native businesses like Chu Chu's that serve as a conduit for promoting reservation economies.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com