Posts's not always the problem

Often, when I engage with entrepreneurs they invariably think that inadequate funding is the source of their problem. On the surface, it may appear true; but when we take a real look examining the various aspects of the business, we find that there are some aspects of the business that if money was engaged the business would be far worse than it is without the funding.

The most cliched statement, "money follows management" is not just a cute sound bite. It's actually true. With good management, a business operation can address the issues that can cause it to flounder.

Surefire ways showing how the finances will be utilized are presented, often along with the marketing paint brush that includes the following:

We are operating in a $x million/billion industry. Just 1%.....The SWOT does not allow for addressing real situations that were previously thought would never happen (Do we really need to say what kind of streets the business can end up on?)Big titles/bunches of keys…

The more serious entrepreneur...are we ready?

Small business, entrepreneurship though not synonymous are the trend that's been developing for some time now. People who have seen what their parents went through when their parents lives rattled along like a speeding train without much input of what choices they would like for their lives are saying no more. We want choices in life and will not live like they, our parents, did.

Some opt for the path of self-employment where they believe that whatever the outcome, it was their choice. They had a say in the matter. Still, others who are even more creative want to create lasting life-changing legacies. Whatever the choice they make, they share a common bond. They are frustrated by the financial systems.

Many of these business people are not just going to the financial institutions hand in glove to beg for an opportunity, but are using the information that they've gained over their lifetimes go approach the funding agencies better prepared.

These business people have done their …

Business requires commitment

Often, I get the opportunity to meet with individuals that when you hear them speak, you'd think they were ready to move the world. Great goals, big ideas, well laid out plans, in some instances, and these all sound great until they hit the first snag whatever it may be.

Too often, they are ready to cut and run. In most instances, many hunker down and pray the challenge would leave if they ignore it. They even seem surprised that the issue is still there when they figure enough time has passed.

Going beyond all the plans that are made is the action which needs to be taken to realize those plans.

When prospects tell me what they want to do, I may sometimes say, I'll soon know how serious you are. Invariably, you get to see who has the toughness and tenacity to really go after what they want.

It is said, talk is cheap. We have heard that at various stages throughout life. It is more true than you can possibly imagine. Since many people want to shortcut the business process, the…

The transition from grade to paid

Every year, if you ever get to be near a graduation listening to people speak, there is often the reference to finishing studying and entering/continuing in the world of work. This is often met by the private chuckle of the experienced listener since they know full well; the course of studying is never done.

When you go through the discipline of studying, you must recognize that the courses you study are only a segment of the education. Additional lessons can be derived from learning the techniques of studying since it is going to be required throughout your working life if you are to remain relevant.

There are some things in life to notice when you're out here in the world.

Those who have the best grades don't necessarily get the best career opportunities. The A students work for the C students and the B students work for the government. I have personally observed this many times over after reading it in the Rich Dad Poor Dad series. Don't be so afraid of being wrong that…

Barbados' 5 considerations in a dynamic business environment

Barbados is in an environment that it never really experienced before. Yes, we have had tough times, but there are some new elements which have become newsworthy which are entirely new to us, and the scale at which they took place the majority of Barbadians have never witnessed before.

The island, like many other jurisdictions, has placed a heavy emphasis on entrepreneurship. For many, the learning curve will be quite steep, since they would have gotten into business based on a skillset. As we have learned over time, having a particular skill set does not equip you for running a business.

Against this background, the rules for being involved in businesses are changing most rapidly with factors that are outside the range of control for those who are in business. What does this mean?

Businesses have to consider more than ever how they can become export ready. They have to establish and maintain statutory compliance. All businesses must be aware of their environment at micro and macro le…

A new defining moment...

Over the years, black people have been called many degrading names. One, in particular, has many people dancing around in their conversations in order to be politically correct. Recently, I saw a rant by someone who was called this to their face, and I got to thinking.

My thoughts came to how should a conflict be resolved, and one of the techniques is reframing the problem. Looking at the situation from now on, rather than get bitter I will get better. Yes, I'll change the vowel from i to e.

Therefore to the next person that refers to me or my kind as a N-i-G-G-E-R. I'll now take it that they mean:

NaturallyIntelligentGenre of GenesEmitting Radiance This is how I'll be, whenever anyone calls me by this name. I'll emit the radiance of God that they wish they had. I'll emit the great and charming qualities of my personality and character. No longer will I be lead into expressions of anger. I'll take it that they see the inert outstanding qualities in me they wish…

People are fascinating to observe

I'm sure that at some point you've heard someone say that they wished they could be a fly on the wall. It's usually because they want an opportunity to just observe. Looking at people and questioning certain behaviors can give rise to more questions. It can lead you to see motivators that you would not believe could have existed in the situations where they occurred.

Some behaviors observed are:

jealousy, gossip, selfishness, scheming, dislike without a reason, violence, following the masses and the list can go on with these more prevalent negative behaviors. Alternately, we see though more infrequently, generosity, calm, patience, love, passion, concern The situations within which we see these behaviors, good and bad, demonstrated are dynamic. Siblings having a serious quarrel can become quite defensive of each other against a third party who may intervene for whatever reason. 
How does this translate to our work lives?
All too often, we see disputes within organizations,…