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Thoughts on Caribbean Businesses

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Whenever things in the economy get tight one of the first things politicians in developing countries do is turn their direction towards entrepreneurship. In many cases, it's hard to tell if this is genuine and the interests are for real.

Job gimmickry often comes to mind for a number of reasons. The key one being that this is a way of justifying job creation through lip service. My thinking goes this way for some of the various reasons I'll now highlight below.


The processes entrepreneurs face is becoming increasingly bureaucratic since the government wants tax clearance certificates issued at every turn. The attempts at collecting taxes are becoming a nickel and dime process without a holistic approach that can make the entire process more simple. Too many companies in Barbados and perhaps the Caribbean are not structured for growth. The general approach is to incorporate without the incorporation documents supporting the raising of capital via shares instead of debt financin…

Observation and Opportunity

Pictures are deliberately left out of this post so that you'd want to visit and experience it for yourselves! 

With the recent global events, media around the world has been providing us with stories where we were presented with the growing problems, the impact and challenges which many are facing. Just last week, I happened to be on one of my media channels where one of my friends, posted what he entitled, "a rough day at the office".

The pictures were wonderful! Even though I too live within the Caribbean, I had never seen photos like that; and I see quite a few. Picturesque and peaceful; I was immediately filled with a sense of calm.

So wonderful were the pictures that they generated lots of topics for me from a holistic standpoint which included business. I paused for a moment to think of experiences I've had in the Caribbean. How my thinking changed when I visited each of the places I've visited. As an aside, I pale in comparison to some of my dear friends w…

Communication Abbreviations and Productivity

Nowadays, all kinds of abbreviations are used in personal life and in business. It is as if communication is reduced to the stage where the writer in an attempt to be brief, not realize that they're doing themselves a disservice.

Saw this one recently in an article, and the more I thought about it, the more it troubled me. I'll show it below:


TL;NR - Too Long, Not Read
The scenario then unfolded in my head about when communications came out prior to a meeting and when the participants arrived at the meeting, their behaviour indicated they were seeing it for the first time. In essence, they're unprepared.

There's nothing that rouses my ire, like another needless meeting that wastes time. Not every communication can be short and snippy. One would imagine that the writer would ensure that they are not being deliberately long to prove a point.

Some abbreviations also are quite rude. I wouldn't mention them here, but there's really no need to be that impolite in a p…

The benefits of treating your customers well

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There are a couple things that go towards making business successful; one of them is a constant flow of customers. The thing is, many businesses don't go beyond lip service when it comes to serving customers.

Daily we hear expensive commercials making promises that seldom deliver; and this is evidenced by the number of factors:Staff are poorly trained in handling the product(s) / service(s). They may not have adequate knowledge about what they are offering for saleThe systems have not been adjusted to meet the increased demand in business, hence bottlenecks / shortages result within the operation. Incidences where the company can renege on its word which can lead to damaged credibility. Interdepartmental disconnect can lead to frustrated customers  By now you get the picture of the myriad of things that can go wrong when interacting with customers without properly planned systems. 
When planning promotions for your workplace it is necessary to pay attention to the support systems…

The Youth are Searching

When you participate in the developmental programs that are available for the youth, there's one thing certain - they are searching. Special thanks go out to the entities who do put programs in place to give the youth an avenue through which they can pursue their dreams. 
These organizations have gone a step further, in that, they are not throwing money at the problems youth face, but using well coordinated programs that identify areas of support that they youth need to take tangible productive steps towards their desired outcomes. Sustainability programs and methods, diligence, hard work, skills, and thought processes are just some of the areas of address poured into these youngster. 
They have a different way of thinking that, because of education, they think on the levels that are needed to ensure their successes. Many think small, loving the dexterity and nimbleness that it provides, especially when crafting programs that enable them to gain footholds in the market against bet…

UNDER RESEARCHED...

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There are lots of people seeking to get into business. Conversations with many of them will reveal that these people have some pretty good business ideas.

Further discussion can be quite the insight into the fact that there are more ideas available than the research that goes into them. In short, many of the businesses are not where they should be in terms of the research that's necessary. Therefore they are totally unprepared for the hiccups.

In business, you cannot be myopic only planning for the perfect picture that you have visualized that business will happen exactly like that daily. Once you are alive, storms will come through ever so often; sometimes earlier / later. There's just no sure fire formula.

How do you ensure that your business is shovel ready? In other words, if you were being processed right now to access funding for your business, have you eliminated all of the setbacks that can halt the process? Should you get the funding right now, how fast can you mobili…

Self Talk for the Self Employed

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Self employed people even when they work in businesses that interact with people tend to live rather lonely lives. Yet they loathe to attend functions that would take them away from their work; often with the train of thought that they're just too busy. Sadly, these are even in instances where there is organized mentorship available through technical assistance programs.

So what makes a self employed person behave in this manner, especially when they complain that no one helps them. What is really going on in their minds? What kinds of thoughts do they have; positive / negative? Do they feel as if you're thoroughly prepared? Can they really handle the power of this two letter word - NO!?



How you speak with yourself goes beyond wishful thinking. It sets the tempo and they rhythm that will determine whether you will win / lose. Often the event is not filled with spectators, but with your own self; who will see the results of your attempts - Can you strive or merely survive?


Why …