b: inspired ezine - issue 8
DESCRIPTION
The Branson Centre of Entrepreneurship - Caribbean eZine B: Inspired Issue 8TRANSCRIPT
contents
The Business of Kreativity
Where Are They Now?
Global Entrepreneurship and the Caribbean
From Mentor to Investor
Motivation Behind... Empowerment
Coming Home: The Rise of DeJaFrut
4
7
12
11 A-LIVEwireact and Kicking
10
14
(Ac)counting Your Blessings and Your Business
15
A New Cohort... A New Approach
Read All About It: Blue Moon Publishing
16
18
20
Lisa LakeChief Entrepreneurship Officer
www.bransoncentre.co
join the movementThere is a global movement taking place – a movement around
entrepreneurship and the promise it holds for the future. As the
world feels the blows of economic, health and political crises,
entrepreneurship is being lauded by many as the key to solving some
of the toughest problems faced by this and future generations. Poverty,
in particular, is at the root of many national ailments, both in Jamaica
and abroad, and the power of entrepreneurship to create change,
provide solutions and improve livelihoods is driving the momentum
behind this movement. In November, Jamaica joins countries around
the world that are shining the spotlight on entrepreneurs during
Global Entrepreneurship Week - the world’s largest celebration of the
innovators and job creators who launch startups that bring ideas to life,
drive economic growth and expand human welfare.
At the Branson Centre of Entrepreneurship – Caribbean (BCoEC) we
live and breathe entrepreneurship and join the movement to support
and encourage not only entrepreneurs, but everyone who has a role to
play in bolstering high-growth start-ups and the business environment
in which they operate. This eZine is dedicated to the global movement,
as we highlight BCoEC entrepreneurs and partners playing their role in
building a new blueprint for tomorrow.
Randy McLaren, featured on the cover, is more than an entrepreneur.
He is a poet, artist and activist who merges creativity with business,
in order to address social issues, earn revenue and achieve global
reach. Not unlike Tanya Batson-Savage, whose company, Blue Moon
Publishing, facilitates cross-border cultural exchange through literacy.
They are both blazing new paths for the Caribbean in culture, art and
entrepreneurship.
Our mentorship piece is an exciting one, which shines the spotlight
on a BCoEC mentor who has invested more than just time in helping
his mentee achieve the level of growth that she and her business
deserve. Companies may start small, but they need to grow. Cyreca
McGaw’s small accounting firm took on it’s biggest contract to date
and found that through a successful partnership she was able to grow
her business and contribute to education reform. These stories and
more, demonstrate how the Caribbean has an important role to play
in developing and nurturing entrepreneurship globally.
Royancampbellsure financial services
“Entrepreneur and microbusiness champion, Royan
Campbell wasfirst featured in our pages just over a
year ago in March of 2013.”
WHERE ARE THEYNOW?
Entrepreneur and microbusiness champion, Royan Campbell, was
first featured in our pages just over a year ago in March of 2013.
Royan is the founder of Sure Financial Services financing, which
provides business and personal loans, insurance premium financing,
as well as business planning and management training. Since then,
the company has grown significantly in terms of numbers, clients
and products offered. They are currently in negotiations for further
investment and financing, and their client base has nearly doubled.
They added a new location in 2013 in Savanna-la-Mar, Westmoreland
and an additional branch in Maypen, Clarendon is currently under
construction. Most recently, the company has entered into an
exciting partnership with the Jamaica Microfinancing Association,
and is now authorized to offer personal loans to employees of
the Jamaican government—a landmark achievement. Still, Royan’s
personal and professional mandate remains the same: educating and
aiding others in their entrepreneurial pursuits, with a larger goal of
positively impacting the nation’s economy.
Mr. Campbell lives by the saying “give a man a fish and you’ll feed
him for a day—teach a man to fish and you’ll feed him for life.” Sure
Financial aims to teach its clients to fish—providing not just access
to finance, but also business training. As an entrepreneur himself,
Royan understands his clients’ needs and the challenges they face.
After all, he’s lived them, and continues to live them with each
advance that his company makes.
Through the Branson Centre and others, Royan received much
needed support in his own journey and is now ‘paying it forward’
by signing on to be a mentor to young entrepreneurs in vulnerable
communities through the Diaspora Youth Connect (DYC)
programme – an exciting new initiative recently launched by the
Jamaica Diaspora Institute in collaboration with CUSO, the Branson
Centre and other key partners.
4
“ . . .a s r ichard branson would say, ‘screw it
just do it ! ”
Robyn Fox17 mile postNestled high in the hills of Newcastle, overlooking both the city streets of
Kingston and the Blue Mountain countryside, you’ll find a hidden gem: 17
Mile Post, the “3-in-1” getaway spot that’s changing the face of Jamaican
tourism. When we first spoke to co-founder and business owner Robyn
Fox, 17 Mile Post was still finding its footing amidst the giants of the Jamaican
hospitality industry. Now, Robyn says, business is booming and shows no
sign of slowing down.
“The weekend demand at the café has increased, so we’ve expanded the
kitchen. We’ve recently obtained a spot on booking.com, so the guest-
house is almost completely booked for November and December. Our
farm orders have also gone up almost 30%, and so we’ve added an extra
delivery day to meet the demand from both customers and supermarkets.”
All this growth on the business side has forced the woman behind the
business to grow as well. Robyn describes herself as having gained a lot more
courage and self-confidence since beginning her entrepreneurial journey.
She says that the competitive nature of the tourism industry means you
can’t be shy. Given that her operations actually consist of three different
businesses; cafe, guest house and fresh produce delivery, she explains that
there’s really no time to stop and worry.
“As an entrepreneur, you don’t really have time to plan solutions when
something goes wrong—it’s about doing, finding that fix and pushing
through. As Richard Branson would say, ‘screw it just do it!’”
Robyn prides herself on providing guests with a true Jamaican experience,
and looks more and more to her surrounding community to further that
mission. Local farmers supply her with produce, and she supplies them with
something else—business sense. She understands that while her community
members know how to farm, they lack knowledge when it comes to the
business of farming. She wants to be an example in her community, and use
her success to further that of others.
“When I help the community, they help me. We’ve recently applied for a
tourism enhancement fund from the government. That’ll give us funding to
build and beautify the community. I’d love to work with other established
entrepreneurs, but for now, this is my focus—community tourism.”
5
AD
Discover what’s possible
Does running a growing business sometimes make you feel like you’re
on your own?
Scotiabank has trained and knowledgeable Business Banking Officers
who will visit your operation and find solutions tailored to suit your
needs including:
• Electronic Banking
• Chequing Accounts for Business
• Business Loans and Credit Cards for Business
We are committed to helping you grow your business.
That’s the Scotiabank difference.
Find out more today.
Call 1-888-4-SCOTIAjamaica.scotiabank.com
Discover what’s possible
Does running a growing business sometimes make you feel like you’re
on your own?
Scotiabank has trained and knowledgeable Business Banking Officers
who will visit your operation and find solutions tailored to suit your
needs including:
• Electronic Banking
• Chequing Accounts for Business
• Business Loans and Credit Cards for Business
We are committed to helping you grow your business.
That’s the Scotiabank difference.
Find out more today.
Call 1-888-4-SCOTIAjamaica.scotiabank.com
randy mclarenthe business of Kreativity
While it’s not uncommon for those in
the creative sector to use their talents to
champion various causes and social issues,
it’s certainly rare to find someone who
merges artistic talent and social justice
campaigning into a viable business. Randy
McLaren, owner and founder of Articulet,
can count himself as one among those
rare individuals—just call him the “Kreativ
Activis.”
Spoken word poet, actor, writer, activist…entrepreneur?
7
w “What you have,
what you’re doing is a
product—you need to
have confidence in what
you do and
put a cost
to it. . .”
When asked about the definition of creative activism, Randy explains
that it’s just what it sounds like: using creative avenues and platforms to
address social, cultural and development issues in a way that is edgy, fresh
and engaging. Performing since his high school days, Randy recalls being
approached by his peers and audience members who were moved and
inspired by his words. His involvement in student leadership activities also
gave him material to tie into his various projects and performances. His
work as one of Jamaica’s Youth Ambassadors for Culture instilled in him a
desire to be a progressive activist—a desire that has manifested itself into
Articulet.
“’Entertain change’ is Articulet’s tagline - its mantra. It’s about creating
something that generates a positive impact. The audience should be
entertained, but at the heart of it, it’s about sending them away with
something that provokes them to be better human beings,” Randy
says. Articulet uses various types of performance
art, as well as new media and communications
technologies to educate young people
on various social issues worldwide, and
motivate them to take action. It’s an
undertaking that’s brought Randy much
recognition and taken him all over the
world, from performing at Jamaica House
during the 2012 London Olympics to
performing in Zambia in 2013 and his first
solo performance to a non-English speaking
audience in Venezuela in 2014. Randy also
won the Prime Minister’s Youth Award for
Excellence in Arts and Culture in March
2013.
Building a business out of artistic talent,
however, is no easy task, and combined
with the risk and struggle associated
with starting a business has made the last
few years of Randy’s life quite the rollercoaster. Like any business, you
have to think about adding on product or service extensions. By diversifying
his offerings, he is better able to capitalize on his artistic talents. He is
a performer and dub-poet at the core, but he also creates jingles for
corporate advertisements, performs at events, consults with NGOs on
youth initiatives, and executes his own events, just to name a few of his
offerings.
Through Articulet, he ran a week’s worth of workshops with the Beacon
Arts Centre and the Pan-African Arts Council in Greenock, Scotland.
8
The workshops were part of a pilot project whereby participants
engaged in a three-way exchange of cultural activities between
Jamaica, Ghana, and Scotland. “The focus was to help young
people find and understand their talent, and then show them how
to use it as a means of self-expression, self-empowerment, and a
tool to empower others.”
His time in the UK really drove home for him the importance of
networking—something Randy places a very high importance
on and would encourage other entrepreneurs to do the same.
Many of his overseas engagements have come out of successful
networking and establishing strategic relationships. It contributes
to his overall brand building both locally and abroad, which further
assists him to grow his business and enhance his credibility.
“I always knew that I had the talent, but not necessarily the business
skills,” he says. He looks to his acceptance into the Branson Centre
as a real transitional point in creating a sustainable business. “I
went into the Branson Centre thinking that I knew what I was
doing. But they helped me to put a structure in place and
create a real business model.”
Randy reflects on the many hardships he encountered,
and continues to encounter as he transitions from artist
to business owner. As creativity isn’t a tangible product,
it can be harder to get start-up capital since banks
and other investors hesitate to give loans to performers.
Entrepreneurship, he says, can be a lonely road—but when you
have a vision in mind and see the bigger picture—that’s what will
guide you through those low moments. Randy’s vision for Articulet
extends beyond Jamaica, which has already started to take shape
given his extensive travels in the past year.
Randy also stresses proactivity as a key to success in business. He
dedicates time to researching work opportunities all around the
world, often with the help of social media, and putting himself
in the right places at the right times. He understands that as an
artist, it can be difficult to tap into an entrepreneurial mindset—
and admits that not everyone has that capacity and capability. The
key then, becomes surrounding yourself with people who do have
those skills—and learning from them as much as possible. Most
importantly, artists need to recognize their own value and how to
capitalize on it.
“What you have, what you’re doing is a product—you need to
have confidence in what you do and put a cost to it. You cannot say
yes to everything. Be selective. You are offering value, and value
comes with a price.”
Randy has many goals for his business, including creating
opportunities for others. His productions require actors, musicians,
directors, videographers, designers and graphic artists. While he
loves being an artist and creating, he also wants to build sustainable
operations, saying that “art for arts sake won’t pay the bills or
secure a future for you and your family. This is a creative industry.
It’s a business. Those who understand that are the ones who will
do well.”
Though global impact is his focus, Randy McLaren will never
forget where he came from. He recently created a docu-poem
called “Armadale: Children on Fire”, raising awareness about
the survivors of the 2009 fire at the Armadale state facility in
St. Ann. The docu-poem was 4th on the shortlist (out of 2,000
submissions) for the United Nations World Summit Youth Award.
He is passionate about children in poverty and those in conflict with
the law, believing that lack of education and access to funds creates
a brutal cycle.
As a product of a rural Jamaican community, Randy also hopes
to use his brand to generate funds for rural development. He is
currently working on an album and book, which will tie into the
social campaigns he has been a part of. He aims to execute a crowd-
funding campaign to get those projects off the ground in the next
few months. Randy McLaren: “Kreativ Activis” and entrepreneur, is
changing the world one performance piece at a time.
Ambassador
Activist
9
M
Coming Home:the rise of DeJaFrut
“If the product is made here and the consumers are here, then the
money stays here... .”Marie and her sister Maria are the entrepreneurial duo behind
DeJaFrut, a company which produces all-natural sorbets made
from locally sourced ingredients. The offspring of Jamaican
parents, the twin sisters were born and raised in New York City
but returned to the land of their heritage with the goal of starting a
business that would manufacture one of their favourite treats from
the States. Marie recalls how her sister, inspired by the opportunity
to introduce sorbet on the island, helped her to step out of her
comfort zone.
“We always had sorbet in New York in the summer, but it was
only available during the summer. My sister missed the season one
year while she was studying here in Jamaica, and that was when
she approached me with the idea. I thought she was crazy but here
we are.”
Like many who go into business for themselves, Marie never
saw herself as an entrepreneur. In New York, she worked as an
accountant and acknowledges that the challenges of small business
ownership are many-leveled. One of DeJaFrut’s key selling points
is the fact that it is all-natural and does not contain any artificial
preservatives or additives. The cost of consistently obtaining high
quality ingredients has been one of the main challenges, especially
since the company’s other mandate is to keep the ingredients
locally sourced.
“We want to jolt the economy,” Marie explains, “and maintain the
grassroots effort. If the product is made here and the consumers
are here, then the money stays here. We wanted to come here and
contribute to the full economic cycle.”
The other main challenge of starting out as an entrepreneur here
in Jamaica was unexpected: culture shock. Given their Jamaican
heritage, Marie was surprised at how much they had to adjust and
the many differences in the business climate. This was especially
evident given their upbringing in one of the fastest-paced cities in
the world. She describes having to make the transition from doing
business largely via email correspondence and written contracts,
to the more face-to-face and paperless interactions common here
in Jamaica. On the other hand, their product is now available in
supermarkets, beach bars and resorts all over the island—a fact
Marie attributes largely to the same, more personal business
approach required.
“It was all about pounding the pavement. We would just walk in,
introduce ourselves, and provide samples. We made sure to speak
to the right people and then let the product speak for itself. We
definitely wouldn’t have been able to do that in the States.”
DeJaFrut continues to grow and expand. The company is currently
in the midst of adding to its flavour offerings and looking forward
to a soft launch with a major distributor in the upcoming months.
They are even considering bringing on an investor who could help
move the needle in their growth trajectory. Marie is adamant in
maintaining her focus on Jamaica and the Caribbean as their primary
expansion target: “We’re trying to give back to the country that
our family is from. Staying local doesn’t just benefit the company.
There’s a trickle-down effect. We want to come into this country
and make a significant difference.”
10
I
A-LivewireACT and kicking…Brian Brown
of my company’s website and fine-tuning my new t-shirt
line and debut music videos. Just another day in the life of
an entrepreneur…
Despite being unable to simply get up and walk, I
cherished my daily routine of being thankful, working
out and being at my desk (only 20 feet away) by 8am
for work. We set-up new systems for meeting clients’
objectives and submitting progress reports while I tried
to manage my energy and the pain, as well as accepting
my physical limitations. In all of this, we added two new
clients via skype, telephone meetings and emails. Granted,
we generated more much needed revenue, but that also
meant more pressure to deliver.
As we work on a plan to launch our entertainment registry
website in Kingston during Global Entrepreneurship
Week this November. I always come back to one thing;
how blessed I am to be doing something I love for a living.
Above all, I’ve learned that an indomitable spirit is the
most important attribute for every entrepreneur.
By developing a winning attitude, keeping things in
perspective and reinforcing positive best practices, I’m
looking forward to being on my feet again to ensure I
achieve my New Year’s resolution - a year of massive
growth.
In early August, several hours after leaving the International Dancehall
Queen show where I had performed as an emcee, I landed on my feet
(literally), and broke both ankles. After burning the midnight oil, I was
about to get ready to attend a morning event where another Branson
alumni was presenting. I climbed two-stories to do a quick check on my
watertank when the ladder moved suddenly. I made a split decision to land
forward instead of backwords, where I could have suffered a terrible back
injury. Yes, I was accustomed to landing on my feet, but I certainly didn’t
expect this.
Naturally, there were already plans for the months ahead, including a travel
schedule. Those plans were shattered; and wheelchair shopping, months
of pain and uncertainty about my future mobility loomed. I bought what
I needed, but found that my greatest challenge was not only retaining two
new clients and engaging my new employee, but maintaining my spirit
and positivity. I soon accepted a few realities. Firstly, I’d be confined to
a wheelchair for at least three months; secondly, I quickly had to get the
tools and support I needed to function; and thirdly, self-pity was not an
option, especially with a young daughter feeling my pain with every move
I made.
Two days later, I was back at work; virtually anyway. I had to assure my
clients that it was only my ankles that were broken, and not my marketing
expertise. Support poured in from friends, family and colleagues, and as
someone who is used to helping others, I had to sit still and allow others
to help me. It wasn’t easy.
Luckily, I had hired an assistant six weeks before the accident. It was clear
that I could not have done it without her, especially as all of this was
happening while completing a 2-D Animation course, planning the launch
11
What sets White Lotus apart from other bridal
boutiques?
We rent and sell bridal gowns from a wide range of international
designers, but what sets us apart are our handmade bridal
accessories. We make feather fascinators, birdcage veils, cathedral
veils and much more. We also make custom accessories for our
brides. We get to know their personal styles and their “vision” for
the big day, and create pieces made especially to suit them.
How does your academic background in clinical
psychology help your business? How have you bridged
the gap?
Being a clinical psychologist, the ability to interact with people is
key. You have to know how to read people, put them at ease and
empathize—it’s critical. In business, we call that customer service.
Besides style, your brand’s main focus is on female
empowerment. What strategies do you use at store
level to help spread this message?
In my work as a psychologist, I see girls and women with a
plethora of social and emotional problems. Reaching out to
women to help them build self-esteem is a passion of mine. I’ve
had several impromptu premarital counseling sessions with clients
during fittings and such. A few have even been motivated to seek
out formal premarital counseling after our talks. I would like to
formalize this and have it become an actual service offered by
White Lotus.
KamalaMcWhinneyMotivation Behind...Empowerment
What motivated you to be an entrepreneur? How do
you empower yourself and others?
I never saw myself as the entrepreneurial type. I thought that to
be an entrepreneur, it took a certain magic that I just didn’t think
I had. What I did have was a passion to make pretty items. When
people started offering to buy them, I was sort of thrust into it.
I’m very grateful to the Branson Centre for accepting me into the
entrepreneur program and giving me the tools and skills I needed
to succeed. As an entrepreneur, I find it even more empowering
to help others through my brand. Having a store space alone just
won’t do it for me. I want to have an impact on women—if I can
do that, it will be the most empowering part of my business.
“I see girls and women
with a plethora of social and emotional
problems. Reaching out to women to
help them build self-esteem is a
passion of mine. “
12
You recently shared details of your struggle with breast
cancer publicly through Facebook and other channels.
Why did you decide to be so open, and where did you
find the courage?
I found so much motivation and support in tapping into other
women’s stories that I always knew I wanted to use mine to help others, especially younger women, become more aware and vigilant; as
well as let those who are diagnosed know that they were not alone. It was mostly a matter of timing. Before I actually went public, I knew
the timing wasn’t right. I needed that time to achieve my own level of acceptance and resolution of the pros vs cons of going public. It’s
a constant battle but the timing was right.
Do you feel that entrepreneurship is a field in which women could use more empowerment? What would you say to
other women thinking of going into business for themselves?
I feel that while women are underrepresented in the field of small business ownership, we’re definitely increasing those numbers. I met so
many inspiring and helpful female entrepreneurs through the Branson Centre. I think women who are looking at going into small business
ownership need to know that there are others like them out there. With representation, we can empower women socially and financially
and change the nation and the world. There’s a lot of fear and apprehension in being an entrepreneur and those feelings are justified. It’s
difficult but we can do it.
What inspires you, as far as the pieces you create? What’s your “creative process?”
I have a lot of attraction to retro glamour- I love the vintage, “way back when” look. I take inspiration from that era and style and so a
lot of pieces incorporate that. I also like to work with the customer. I look at their personality and individual style and design something
around that.
You recently showcased at the Jamaican Bridal Expo. What was that like? What are your plans for the future of White
Lotus?
The Jamaican Bridal Expo was our first showing in Montego Bay and it was tremendously successful. We’ve had about 4-5 showings in
Kingston, but it was the first time that our team really worked seamlessly. We’ll be at Kingston Bridal Week at the end of October. White
Lotus will also be launching a photography service. We’ll do weddings, maternity photos, newborn photos and such. We’re working on
pop-up boutiques in the Montego Bay area as well. “Lotus Blooms,” which is the social media arm of our company, will also launch in this
month. A year ago, I was diagnosed with breast cancer, so I want the launch to tie in with that anniversary, especially with October being
breast cancer awareness month. Lotus Blooms will produce short videos and use social media to tackle women’s issues.
What are some of your long-term goals for the business?
I would like to open another storefront. I’d also like to make
connections with resorts, to be able to offer our services to
destination brides. Being able to offer a wider selection of locally
made gowns is also a primary goal. Most importantly, I want the
message of White Lotus to go beyond Jamaica. Social media has
unlimited reach, so I hope to make a global impact through “Lotus
Blooms.”
13
I had never exactly ‘mentored’ an entrepreneur before, until an old
friend who I had met in Jamaica many years ago, introduced me to
the Branson Centre of Entrepreneurship – Caribbean (BCoEC). I
believe that a strong economy is key to the success of any modern
society, and such an economy requires successful businesses, most
of which start small. In the early years of my career, I consulted
with small businesses, even some in Jamaica, so I saw mentoring as
an opportunity to give back to a country that I learned to love in
my first 30 years of life.
We started to establish trust from early on in the relationship.
Before contacting her, I read Angelica’s business plan. When we
did later speak via Skype and email it was obvious that she knew
her own business plan well and was following through with it. Her
marketing skills were evident, and superior to my own. She has
a true entrepreneurial spirit and I was quickly convinced that she
was someone who could succeed, given the resources that she
needed.
As I learned more about Angelica and her business, it was clear
that she needed capital to really expand her business. At my
prompting, she sought local financing from Jamaican local financial
institutions. However, no one was willing to provide the necessary
seed financing at reasonable terms and all wanted collateral that
Angelica was unable to provide. As far as I could see, the only thing
in the way of Angelica and success was the lack of working capital.
I had developed real faith in Angelica, and felt that the best thing
I could do as a mentor was to provide those funds at reasonable
terms. I offered her a modest, medium term interest-only loan
with low interest and a balloon payment at termination.
I have real faith in Angelica and can see that she is dedicated to the
success of her business. The Branson Centre of Entrepreneurship -
Caribbean (BCoEC) has been very supportive of our relationship,
and they were thrilled to see it deepen in such a practical and
real way. I was able to offer BCoEC some of my own insights
and contribute to their efforts in building out an access to finance
stream, which will be launched in the next few months. In the
meantime, the 6-month mentorship term facilitated by BCoEC has
ended, but Angelica and I continue to maintain our relationship.
It was a natural transition, and as long as Angelica finds the
relationship useful, then I am available to her. My hope is that she
will become very successful, and that she lets me know as much.
At the end of the day, that will bring me immense satisfaction.
I
From Mentor to Investor: Trust is the Greatest Return
“I have real faith in Angelica and can see that she is dedicated to the success of her
business.”
by: Paul Sagar, Founder: Albion Devices, Inc.
Solana Beach, California
14
Cyreca McGaw has always been an entrepreneur. She
just didn’t know it.
The founder of McGaw and Company says she’s known that
she wanted to be an accountant since high school. She decided
to dream big, even at that young age, by also having a vision to
own her own company. “I knew nothing about entrepreneurship,”
she admits. However, for many successful business owners, it isn’t
about the knowledge—it’s about the spirit. Cyreca’s drive to start
her own company demonstrates just that: entrepreneurial spirit.
Cyreca spent years working at top accounting firm KPMG—years
well spent, as it gave her the knowledge and experience needed to
strike out on her own. It also reaffirmed her passion for accounting
as a means to helping others—a passion that has led her to take on
her company’s biggest project to date.
McGaw & Company was sub-contracted by a client who was
hired by the Ministry of Finance to undertake the audit of the
Teachers’ Reclassification arrears. It is a huge undertaking and
a major opportunity - one that requires auditing over 23,000
teachers salaries. It has already resulted in the government
making a series of payouts to teachers, which is expected to total
approximately $1.9 billion by the end of the project.* McGaw and
Company doesn’t currently offer financial auditing services, so the
significance of the case is twofold: the chance to be a part of major
reform in the Jamaican education system, while expanding her own
business. At present, Cyreca is just proud to be part of a team that
is making it possible for teachers in Jamaica to get their retroactive
salaries. Her company became involved through a partnership—a
departure from the idea that being an entrepreneur means always
going it alone. Cyreca encourages others like her to rise above
that perception. “Seek out collaborative experiences,” she says,
“They are vital.”
Having such a high-profile case under her belt has not shifted
Cyreca’s focus and passion away from her small business clients.
McGaw and Company provides a wide range of services, but
Cyreca takes special interest in offering advice to those who are just
starting out and registering their companies. Her main mission is to
prepare clients for success in the long term—helping them with the
kind of planning that, in her experience, is often overlooked.
“I have clients who come to me ten years into doing business with
no accounting system in place. At the beginning they only thought
about earning money—not about recording the money.”
Cyreca sees the move towards entrepreneurship as the solution
to unemployment. She wants to use her business and her own
experience to help others just beginning their journey—a journey
that she herself wouldn’t change for anything in the world.
T
(AC)Counting your
Blessings …and Your Business:mcgaw & company
Cyreca McGaw
“I knew nothing about entrepreneurship,”
*At the time that this issue was published, the project was expected
to be completed at the end of November, at which time the final
figure would be confirmed.
At Virgin Unite, we believe entrepreneurs have the keys to
unlocking solutions to some of the biggest challenges our world
faces today. Long gone are the days when businesses can stop at
simply minimising the risk that they have on communities and the
environment. To be really successful now, you need to put making
the world a better place right at the heart of your business model.
For those of us working across the Virgin Group, Global
Entrepreneurship Week isn’t just about celebrating entrepreneurs
for creating jobs and improving our economies. It’s also about
thinking about how we can best support the entrepreneurs that
are leading the way in finding new methods to turn challenges into
opportunities.
Like any other region of the world, the Caribbean is faced
with a unique set of challenges that can be addressed through
entrepreneurial solutions.
The relatively small size of the islands can make them vulnerable
to changes in the economic climate – even more so during global
recessions like the one we’ve just experienced. Climate change is
also a big issue for the region, with the flooding and storms that
struck the Eastern Caribbean being a tragic reminder of this. And
like so much of the world, many Caribbean nations are experiencing
the double-edged sword of youth unemployment and ‘brain drain’
– with around 90% of all those educated above high school level
emigrating, according to the IMF. Entrepreneurs in the Caribbean
are rising to these challenges. Many are doing this by becoming
job creators. The 2013 Global Entrepreneurship Monitor Special
Report on the Caribbean found that almost half (46.5%) of new
businesses created new jobs between 2011 and 2013.
Caribbean entrepreneurs are also using their energy and creativity
to tackle some big issues. From fiber-optic solar indoor lighting to
vertical farming systems , Caribbean nations are ripe for disruption
in energy and agriculture. They’re also tackling social issues as
diverse as improving education and providing access to low cost
housing options. .
We at Unite are proud to partner with the Branson Centre of
Entrepreneurship – Caribbean (BCoEC); their holistic model of
support for entrepreneurs helps to ensure that entrepreneurs are
supported to use business as a force for good. And with plans to
extend their reach across much of the Caribbean over the coming
months, we will see the impact of their work reach many hundreds
more.
Global Entrepreneurship and the Caribbean: By: Lindsey Crouch, Virgin Unite
“you need to put making the world
a better place right at the heart of your
business model.”
16
So what can we do to help entrepreneurship in the Caribbean to thrive?
Connecting a community. Being an entrepreneur can be a tough, lonely
path, so access to entrepreneurial ecosystems and communities are a critical
success factor. That’s why Virgin Unite and the BCoEC are working hard
together to create both on and offline communities of entrepreneurs. The
Centre organises regular events and socials to help people connect; and
provides mentors, professional service providers, and a host of other support
services.. Our online programme, currently in beta and being user tested, will
provide another network to help like-minded entrepreneurs reach out and
connect.
Building bridges. The conversion rate between someone wanting to be
an entrepreneur and actually becoming one is fairly low in the Caribbean
compared to the rest of the world. Training, education and support is critical
to helping people take the leap. The BCoEC offers a mix of training and
services that provide just that.
Entrepreneurship is for everyone. We need to make entrepreneurship
an appealing choice for people of all ages, and dispel the myth that it’s just
for the young.
A new generation of ‘good’ businesses. Setting up and getting your
business to fly is difficult enough; thinking through how to do that in a way
that adds to society and the planet can be even more daunting. Through
the tools we’re trialling through our new online platform, we’re hoping to
provide entrepreneurs with practical support to build the next generation of
businesses that are a force for good.
What else can Virgin Unite and the Branson Centres for Entrepreneurship do to
help entrepreneurs to survive and thrive? We’d love to hear your thoughts. You can
connect with us on Twitter and Facebook: @virginunite.
A New Cohort…
A New Approach
On August 29th the Branson Centre of Entrepreneurship-
Caribbean (BCoEC) welcomed Cohort 7.
“As our first ever virtual cohort, it was an
exciting moment in BCoEC and Virgin history...”
18
As our first ever virtual cohort, it is an exciting moment in Virgin
history, as our plans for expansion begin to take shape. We relish
in the opportunity to beta test the virtual platform we have been
developing over the past year with our Virgin Unite partners, not
to mention introducing an exciting series of webinars and coaching
sessions. Orientation day saw 48 vibrant and eager entrepreneurs
(more than double the amount of entrepreneurs we brought in
for previous cohorts) engaging with each other and absorbing the
information on how the following twelve weeks would undoubtedly
change their lives. The anticipation and excitement was palpable –
a day filled with new beginnings, not just for Cohort 7, but also the
BCoEC.
19
ITanya Batson-Savage is bringing back the bedtime story.
In a world of tablets, television, and of course, the world wide
web, it’s easy to forget the simple joy of reading a book. This is
especially true for young people growing up in the digital age. Yet,
it is during the formative years when literature can truly make the
most impact. Tanya recalls becoming a godmother for the first time,
and wanting nothing more than to give her godchild a Caribbean
children’s book—only to find that there were none available.
“I got into publishing without intending to. I just thought it was
important for children to have books and stories that reflect them
and their culture. Since I couldn’t find one, I made one.” This is
when the spirit of the entrepreneur took over. By the time Tanya
started thinking about her third book, Blue Moon Publishing was
born. An independent publishing house, Blue Moon specializes in
books about Caribbean children, written for a global audience. The
company also operates under the imprint Blouse and Skirt Books,
whose catalogue consists of poetry and fiction aimed at an older
youth and adult audience. When asked when she knew she wanted
to become an independent publisher, Tanya says, “after I started
doing it.”
“I think it’s wonderful that books open you up to the whole world.
I went to a panel on diversity where I was told that books should
be windows and mirrors. They should reflect people, but also give
a window for other people to look in.”
Showcasing diversity through Blue Moon books is one of the
company’s main mandates. Tanya believes that it is important for
children all over the world to have books about Caribbean people
and vice versa. While Jamaica is known and celebrated worldwide
for its musical exports, its country’s writers have largely flown
under the global radar.
read all about it:
blue moon books
“We in the Caribbean have produced two Nobel Laureates, and
Linton Kwesi Johnson was one of only two living poets to be
published in the Penguin Modern Classics. Writing just isn’t very
‘sexy’ business compared to music, so we don’t get that same level
of international attention.”
Despite this, Tanya is determined to use her business to combat
what she calls the “self-fulfilling lie” that Caribbean people do not
read. She acknowledges that getting books and creating a culture
of reading is hard work and cites a lack of local publishing as one of
the major obstacles. Still, she is determined to use her independent
business venture to overcome these challenges.
Running a small press gives me the latitude and room to pursue
what I believe is critical. Larger houses have the money, but I want
to showcase the full potential of Caribbean literature. With the
kind of impact I want to make in the long run, running my own
press is better.”
Eventually, Tanya wants to give Blue Moon writers, and Caribbean
writers on a whole, the global recognition they deserve. She wants
to see Blue Moon Books on a bestseller list outside of Jamaica, and
have her writers recognized by cultural institutions. Ultimately, it
all comes back to the children: building their confidence and self
worth through diversity; giving them books that say “I’m important
too.”
20
The Branson Centre of Entrepreneurship – Caribbean ignites businesses to operate in a sustainable and socially responsible way to
improve livelihoods and transform the world.
105 86ENTREPRENEURS PARTICIPATING IN LAUNCH PAD
Local Community Ecosystem:
Local partners, events & work-
shops, peer-to-peer connections,
pitch competitions
Virtual Platform: Interactive training
centre & toolkit, mentorship
matching hub, marketplace,
social network
ENTREPRENEURS INVITED TO TAKE OFF
AS OF MAY 2014...
88.9%
FUTURE MODEL REGIONAL EXPANSION
Help support and expand the Branson Centre’s impact in the Caribbean. Contact [email protected]
400+
Entrepreneurs per year
Exponential Impact
AVERAGE REVENUE GROWTH
195 111ESTIMATED NUMBER OF
JOBS SUPPORTED BY BUSINESSES PARTICIPATING
IN TAKE OFF
ESTIMATED NUMBER OF NEW JOBS CREATED BY BUSINESSES PARTICIPATING IN TAKE OFF
+
Lisa Lake Chief Entrepreneurship Officer
Sharon JarrettCentre Manager
Andrea NobleOperations Manager
Melissa von FrankenbergPartnerships & Communications Manager
Kerrie-ann Richards Entrepreneur Development Manager
Lisandra Rickards Entrepreneur Programme Manager
Donnelle Christian Relationship Manager
Chelan Smith Communications Assistant
Team
Follow us:
23
Unit 19Bogue City Centre
Montego Bay, Jamaica1.876.632.5134
published by
eMedia Interactive Limited
(876) [email protected]
Suites 11-13 Technology Innovation CentreUniversity of Technology
237 Old Hope Road, Kingston 6