LED Illuminations team and The Hon. Donville Inniss at the showroom launch.
LED Illuminations Inc., a leading supplier of energy saving light-emitting diode (LED) bulbs, today opened its new showroom to specially invited guests at its Vauxhall, Christ Church office. Present were well-known business owners as well as government ministers including the Hon. Donville Inniss and opposition leader, the Hon. Mia Mottley. The opening also coincides with the company’s new logo and slogan which represents a brighter greener future. The new showroom with an impressive selection of LED bulbs will be also open to customers.
Oliver Jordan, PwC Advisory Partner and Simon Chantry, COO of Bitt, after the signing of an MOU on behalf of their organisations.
The Barbados-based FinTech company, Bitt Inc. and the professional services firm, PricewaterhouseCoopers (PwC) are pleased to announce that they have executed a memorandum of understanding (MOU) whereby the two entities, while remaining independent, will work together to deepen the use of blockchain technology across the Caribbean.
The MOU is with respect to advisory services that PwC may provide to companies looking to utilize blockchain technology, including those relating to the advancement of Bitt services such as the use of electronic money, digital fiat currency, block-chain technology, and virtual currency services throughout the Caribbean.
Summer is synonymous in Barbados with Crop Over but another feature of summer is the eagerly anticipated internship programs offered by larger businesses. It is my belief that smaller companies can also benefit from having a well-planned internship program.
Before discussing how these benefits can be obtained or how such a program can be adopted by a company, I would first like to define and state the purpose of an internship. An internship is defined by the Oxford dictionary as “the position of a student or trainee who works in an organization, sometimes without pay, in order to gain work experience or satisfy requirements for a qualification”. Therefore, the purpose of any internship program is to provide the intern with on-the-job training and experience. Continue reading
Have you had an idea which made you think, “No one else is doing this?” The excitement of being the first to bring this product/service to market builds! You lock this advantage away from potential competitors, but have you thought ahead to what you will do when that advantage disappears once the product/service launches in a competitive environment?
I recall a time in the insurance industry when one company had the advantage of being the only one to offer roadside assistance in the market. Soon after, competitors responded by offering the same service. So what was once a competitive advantage is now a standard. Continue reading
Social media has become a tool of personal branding. Nowadays it is all about oozing value and the question must be asked, what do people see when they look at you? What is the thought that crosses their mind when your name is mentioned? What do they associate you with? If you have no answer, then you need to go back to the drawing board because how you are perceived, is how you will be addressed. Continue reading
I was fascinated with numbers from an early age. I struggled with subtraction, but my love for numbers was never discouraged by my brief challenge.
When my parents arrived home with the groceries after shopping, I would sit on the floor and pretend I was a cashier cashing out items at the checkout counter. I often added up the items on the receipt just to ensure:
- They acquired all of the items
- They paid exactly for what they purchased
Little did I know I was being set up for my passion; my calling in financial planning.
While in primary school, I decided to start a business. I had just received my knitting badge from the well-known movement Brownies, and thought I could make money with my newly acquired skills. I created purses using the knitting I so cleverly put together. I placed a FOR SALE in my parent’s patio and waited patiently for a sale. I saw a car drive past our house and thought to myself; I am going to get a sale. Unfortunately, I did not make a sale that day. My business was short lived. Continue reading
Much like the journey through life, the entrepreneurial journey has a tendency of providing you with opportunities to grow or to remain stagnant. Often, your growth depends tremendously, on the choices you make.
As an entrepreneur, it is easy to get too caught up with fulfilling the roles of chief, cook and bottle washer, often aiming to be all things to all people in the name of a sale, allowing opportunities to truly build the business pass you by. It becomes easy to identify with the business as an extension of self, a true representation of dreams to be realized. The attachment to the business, so great that it is difficult to see or think clearly about what is best for the business and the consumer, sometimes coming to the point where the business and the individual become one and the same. “I am my business” often being the phrase heard.
Where do you draw the line between your personal and professional lives?
In 2015, I made a decision to leave my engineering job in the manufacturing industry in pursuit of continued personal and professional growth. As you know, making major career changes is rarely an easy choice but I decided to pursue an entrepreneurial path.
This issue, I’d like to share the first five (5) of ten (10) things which I’ve learned. I hope they add value to you, whether you are considering taking a similar step or already self-employed on a full-time or part-time basis. Continue reading