JavaScript is disabled in your web browser or browser is too old to support JavaScript. Today almost all web pages contain JavaScript, a scripting programming language that runs on visitor's web browser. It makes web pages functional for specific purposes and if disabled for some reason, the content or the functionality of the web page can be limited or unavailable.

Wednesday, August 13, 2025

12 thoughts on Caribbean entrepreneurship

by

20140624

1) Get paid. A com­pelling rea­son to start a busi­ness is to make mon­ey. Start a busi­ness that earns you mon­ey from the first day, even if it at the on­set you are on­ly able to rein­vest with sup­plies and mar­ket­ing.

2) Start out plan­ning for growth. En­tre­pre­neurs are usu­al­ly thought of as one-per­son op­er­a­tions but why lim­it your­self? Ex­pect to grow. Ex­pect to have em­ploy­ees. Do work that you can­not ex­e­cute by your­self.

3) Solve a prob­lem. Your prob­lem should you choose to ac­knowl­edge it, is that you need a job and no one is hir­ing. Stop the blame game and em­ploy your­self.

4) No lim­its. So your is­land has a pop­u­la­tion of 2000, that's no rea­son not to start your ven­ture. Now you've got the mak­ings for cre­at­ing an "ex­clu­sive" and "high val­ue" prod­uct or ser­vice.

5) Get con­nect­ed. There are oth­ers like you. Find them and sup­port their dream. Team up to pur­chase raw ma­te­ri­als or to ship pack­ages over­seas. Share show­room or of­fice space.

6) Find a men­tor. Why learn every­thing the hard way? Don't be afraid to ask for help and ask ques­tions when you need an­swers.

7) Use tech­nol­o­gy. Even if you are not in­ter­est­ed in go­ing glob­al, you can de­ploy soft­ware and equip­ment to make your busi­ness more ef­fi­cient. Be­ing able to track your sales, ex­pens­es, hours of work will help you to make bet­ter de­ci­sions on how to grow your busi­ness.

8) Solve a big­ger prob­lem. Is there an ob­vi­ous gap in the mar­ket? A fre­quent com­plaint that has earn­ing po­ten­tial? Do the re­search, then solve it for a price.

9) Brag about it. This is not the way most Caribbean peo­ple were raised but if you don't let peo­ple know what you are do­ing, then you are lim­it­ing your op­por­tu­ni­ties to at­tract new cus­tomers and build brand loy­al­ty.

10) Be a pro! I'm not talk­ing about po­si­tion­ing your­self as an ex­pert when you are on­ly get­ting start­ed. Be a re­al pro­fes­sion­al. Show up dai­ly and de­liv­er con­sis­tent­ly good ser­vice, high val­ue and qual­i­ty work to your cus­tomers.

11) Solve an even big­ger prob­lem. When you have an es­tab­lished busi­ness and brand with a loy­al cus­tomer base it gives you lever­age and the re­sources to tack­le those is­sues which have com­mu­ni­ty, so­ciopo­lit­i­cal and glob­al im­pact. Cham­pi­oning a cause should nev­er drain your re­sources or joy. You need to have both to live and thrive.

12) Be a giv­er. Choos­ing to wait to cham­pi­on a cause doesn't ex­clude you from giv­ing to oth­ers even from your first day. When you give to oth­ers (time, mon­ey, ad­vice) you are keep­ing the chan­nels open to re­ceive.

Ner­is­sa Gold­en is an award-win­ning Me­dia Strate­gist, Busi­ness Coach and au­thor who helps her clients ac­cel­er­ate their busi­ness growth by lever­ag­ing high im­pact com­mu­ni­ca­tions so­lu­tions and in­come gen­er­at­ing strate­gies. Get tips on start­ing and grow­ing a busi­ness at www.tru­ly­caribbean.net. Fol­low her on Twit­ter @tru­ly­gold­en.


Related articles

Sponsored

Weather

PORT OF SPAIN WEATHER

Sponsored