Business
Discussing Business, Life, and Everything in Between with Danny Tran
We had the opportunity recently to sit down with young millionaire Danny Tran and he shared valuable insights entrepreneurs can learn from. Danny is the man behind Highstoke Media, a company that scaled past 7-figures in just 18 months. In this interview, he tells us about his journey and vision.
Can you tell us something about your company Highstoke Media and how you got here?
I came up with the idea for Highstoke Media at the lowest point in my life. At that moment, I had just about 14$ with me. From day one, I had sincere faith in the company and gave it my all to make it bigger and better than anything I’ve done in my life.
The idea behind Highstoke Media is simple, we help people. We help companies grow with us. Many companies have benefited from our help and we’ve helped them grow to a six-figure level. We’ve helped aspiring entrepreneurs to reach their business goals and every day, we help as many people as we can.
Was it difficult to create a company that grew past 7-figures in just 18 months?
To be honest, anything worthwhile in life is going to be difficult. Highstoke Media was created for struggling businesses and entrepreneurs but at the same time, we faced significant challenges in our own journey to the top. I believe, what is important is to remember why we wanted to do this. Even when things were tough, we didn’t give up. We always kept in mind our mission to maximize impact in the modern world of digital marketing and paid advertising. So in moments like when we’ve lost all of clients and faced severe competition, remembering our “why’s” always pushed us through.
Even when we did start doing well, we always kept trying to find a better winning formula. If you stop after finding the key, your growth stagnates. The business and industry are always evolving and you have to evolve with it.
Do you have any advice for the people trying to follow your footsteps?
As a young entrepreneur, you are bound to make many mistakes. One of them is being focused on too many things or on the wrong things. Shiny object syndrome is a real thing and can lead to the demise of your business. In addition to that, too many people try to sell products and not solutions. Your key to succeed in the market is to solve an actual problem and not just push out a product you think that will sell.
Also, with so many things prone to go wrong at any given time, you have to be patient. So many people dive into entrepreneurship or the world of business thinking it’s a get rich quick opportunity. Remember that all great things take time and for us, we didn’t finally reap the rewards of all of our efforts until after almost two years.
Is there anything that one should avoid doing with their ventures?
The number one thing is remaining stagnant. In the world of digital marketing and entrepreneurship, the industry is changing daily. Strategies and tactics that worked a few months ago will not last forever. Simply put, if your business stops innovating, it will stop growing and eventually decline.
The second is to be a copycat entrepreneur. I’m a huge advocate for taking frameworks and improving on existing things that work but if you can’t expect to get very far if you model someone’s business to the exact details. With so many new businesses being created daily, it’s crucial that you not only break into the market place by solving a valuable problem, but to also stand out from the millions of other businesses out there.
Being a young millionaire, what goals do you have for the future?
To be honest, it’s crazy to look back at everything we’ve accomplished so far. If you asked me 2 years ago, I wouldn’t have expected to have built a million dollar company from the ground up with $14 to my name. Now with an amazing team around the world, I hope to scale Highstoke Media even further and be a household name in our industry.
In addition to that, we hope to continually grow our impact in the digital space especially with young entrepreneurs. To date, we’ve coached and mentored thousands of aspiring entrepreneurs and hope to build a larger community to maximize the amount of impact we can have in this ever-evolving industry.
What values do you try to instill in your daily life to maintain success?
Achieving success is all about having the right mindset. Introspection is a very important aspect of what makes me myself. Being self-aware helps you think clearly and make better decisions. The key to making better decisions in life is to understand perspective. Everything that happens to you in life can be perceived in a good or a bad way. If you look at things negatively, you will never be able to get out of a stump.
Most importantly, I try to live every day of my life to the fullest. Having a tough background, it is easy to be obsessed with achieving it all but you have to learn to live your life to the fullest and enjoy every moment of it. After all, you only live once.
Business
Why Multi-Province Payroll Compliance Is the Hidden Challenge Canadian SMBs Face and How Folks Solves It
Byline: Shem Albert
Running payroll in Canada can feel like crossing a country stitched from many different fabrics. Each province weaves its own pattern of tax rules, leave policies, and benefit requirements, creating a landscape where a single misstep can ripple through every paycheck. For small and mid-sized businesses, the challenge often remains hidden until growth pushes hiring beyond provincial borders or brings remote workers into the fold. What seems like a routine back-office task quickly becomes a test of accuracy, timing, and local knowledge. This is the gap that Folks set out to close, offering a way for employers to navigate Canada’s regulatory patchwork without slowing their momentum.
Provincial Rules Add Complexity
Canada’s payroll environment varies sharply by province. Federal rules set the foundation, but provincial tax rates, deductions, statutory leave entitlements, and benefit premiums add layers of complexity that employers must monitor carefully. Small and mid-sized businesses with staff across provinces or remote employees face different tax tables, reporting deadlines, and leave calculations that directly affect pay accuracy and remittance schedules.
Folks built its payroll module to address these differences. The platform calculates the correct provincial tax rates and deductions for each employee, applying updates automatically so employers avoid misapplied withholdings or late filings. Multi-location tax management allows a company with workers in Ontario, Quebec, or several other provinces to process payroll without creating separate accounts for each jurisdiction. Bilingual functionality in English and French and secure Canadian data hosting support compliance while keeping employee records accessible across language and regional boundaries.
Unified Records Improve Accuracy
Payroll errors often stem from mismatched employee data. Changes in pay rates, banking details, or benefits eligibility may not align between HR and finance systems, creating incorrect deductions or delayed payments. Smaller teams juggling separate platforms spend valuable hours reconciling information instead of focusing on strategic work.
Folks resolves these issues by combining HR and payroll in one platform. Updates to wages, hours, or tax information entered on the HR side flow directly into payroll without re-entry. This single, verified record strengthens the accuracy of every payroll run and ensures employees receive the correct pay and deductions. By removing the need for repetitive administrative work, HR staff can redirect their time to tasks that support growth and employee engagement.
Automation Keeps Provinces in Step
Each province sets its own requirements for holiday pay, pay frequency, and statutory benefits, making manual calculations both time-consuming and error-prone. Businesses that expand or hire remote employees must keep pace with shifting provincial regulations or risk penalties and audit issues.
Folks address these demands with automation designed for Canada’s regulatory landscape. Pay statements, deduction calculations, and custom pay schedules follow the applicable provincial rules without extra configuration. The system’s automated updates mean that a company hiring staff in British Columbia or Quebec can meet local payroll standards without adding new layers of setup or monitoring. Employers gain the ability to expand into new regions while maintaining accurate, on-time pay.
Reporting Strengthens Compliance
Changing tax rates and reporting requirements require ongoing attention from HR and finance teams. Companies that rely on disconnected systems risk missing a provincial update or submitting incorrect remittances, which can lead to fines and interest charges.
Folks provides detailed reporting tools that compile payroll, deductions, and benefits information across all locations. Employers can generate clear remittance and deduction summaries, simplifying the process of meeting provincial filing requirements. For organizations that want additional guidance, Folks also offers a payroll management service that brings in-house specialists to assist with configuration, compliance, and regular updates. These reporting features help companies stay audit-ready and avoid costly compliance gaps.
Scalable Payroll for Expanding Businesses
Many small businesses begin in a single province, where local tax and payroll demands can be learned over time. Growth into new provinces or the decision to hire remote staff adds a level of complexity that manual processes cannot handle efficiently. Errors multiply, compliance risks rise, and payroll teams spend more time correcting mistakes than supporting expansion plans.
Folks provides payroll that scales with company growth. Provincial tax logic, automated deductions, bilingual support, and secure Canadian data storage are built directly into the platform. By maintaining an accurate employee record and applying province-specific rules automatically, the system allows Canadian SMBs to expand with fewer administrative surprises and more predictable payroll operations. Companies gain the stability of compliant payroll across provinces while controlling the time and costs that typically accompany multi-jurisdiction growth.
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