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BLASTING YOUR BUSINESS TO SUCCESS: Financial Tips, Tricks &
Traps
Presentation by:
Nirad Tewarie,
Chief Executive Officer
www.ttcsi.org
About TTCSI
In 2001 CARICOM Heads of Government proposed the establishment of services coalitions in member states
In October 2006, the Prime Minister of Trinidad and Tobago launched TTCSI
April 2007, the Trinidad and Tobago Coalition of Service Industries became an operational institution
TTCSI is a Business Support Organization
TTCSI : Aims & Objectives
TTCSI is a federation of associations working to expand
business opportunities through export-led growth through:
Export promotion
Data collection
Policy development
Advocacy
Education & Training
Sector organisation
www.ttcsi.org
TTCSI currently has 51 Member Associations, making it one of the
largest single business groups in the Caribbean
Sector Organization The TTCSI has been encouraging and developing
local services sectors amongst them Member Associations with women entrepreneurs – FATT, AFETT, ICATT
MAP OF THE CARIBBEAN
“The biggest barrier between women and success is
themselves”
- Sheryl Sandberg
What is NEEWS
Economic empowerment of women of the global South through different thematic streams:
Agriculture & Food SecurityScience & TechnologyEnergy & Energy SecurityDesign & CultureConstructionServices
Objective
Re-tooling established, mid-level women-owned businesses to achieve higher levels of
success through a Business Accelerator programme.
HOW
Mentoring / Teaming of already iconic business entrepreneurs to take these women
to higher levels of successMatchmaking
TrainingCase studies
The Project
Developing interventions that encourage greater collaboration among business women as well as institutions/organizations
Provide the tools to accelerate women’s existing income-generating activities into stronger and more viable business
What Next?
We need you: mentors
particpantslists of bothpartner organisations
“The men wanted answers and the women wanted permission and
help.” -Sheryl Sandberg
Some truths transcend gender…
Sandra CarrMy professional life
started at a very early age since I
have always dreamed of being a Fashion Designer.
As a Muslim woman for the past 27 years I have learned many
things that have enabled me to be
successful.
Sandra Carr
Fashion Design Coordinator at The University of Trinidad and Tobago (UTT) – 5 years, and for two years now the Programme Leader.
Founder and Director of SHASS Design - a design label especially for Muslim women in USA and Trinidad and Tobago since 1997.
Tips, Tricks & Traps Business is to make money, but do not make it your
priority. Keep faith in your Creator and all things will fall into place
Offer a range of services, be reliable, efficient, be punctual and keep your services/products at A+ quality.
As your business grows you will be seduced by many opportunities, do not be afraid to take advantage when opportunity knocks. Be sure to know your limits. Do not let greed devour you. Focus on QUALITY not QUANTITY.
Advice
Stay honest and conduct all affairs with the highest of integrity. People will respect you no matter what your beliefs are.
Do not comprise your honour and your beliefs. Do not let others define you.
Be committed to the end and be firm even when the odds are against you.
Angela Lee Loy –Executive Chairman, Aegis Business Solutions
Accomplishments Inducted into the International Association of
Business Leaders in 2002
Selected as an honoured member of the Who’s Who of Professionals in 2004
First female President of the Institute of Chartered Accountants of the Caribbean (ICAC)
Fmr. Chairman of National AIDS Coordinating
Committee (NACC),
Tips for Business Success
Networking - it enables you to build and maintain relationships with current customers and new prospects, share referrals and generate a word of mouth about your business.
Remain objective and challenge when necessary.
Maintain your perspective and gather the respect of your audience/client.
Advice
“Continue to feel empowered and map your own destiny. Women are great
communicators and collaborators who must go with their intuition. We have the ability to be empathic to situations and
therefore able to get more buy-in to deal with the matters at hand.”
“As women, Our leadership position is a brand in itself and
many people do not realize this.”
CLAUDIA PEGUS
2011 - Awarded the Trinidad and Tobago Coalition of Service Industries, Service Provider of The Year Award
2010 - Awarded the Chaconia Medal Silver by the Government of Trinidad and Tobago for her contribution to the Fashion Industry.
2009 – “Top Caribbean Designer Female”, awarded at the Caribbean Fashion Awards.
2009 – “Top Country Designer Award, Trinidad”, awarded at the Caribbean Fashion Awards.
2009 - “Festival Designer of the Year”, awarded at the Trinidad and Tobago Film Festival.
2008 – “Caribbean Master”, awarded at the Caribbean Fashion Week.
2004 - Declared “Top Female Owned/Managed Export Company” at the Prime Ministers Exporter of the Year Awards.
“It begins with dreams, ambition, design and planning and being open to every right opportunity
when it presents itself.”
Major Challenges and Opportunities
ConfidenceOvercoming fear and Obstacles
Raising Capital without business Experience.
Influencing investors to take a chance on your dreams.
Managing cash flow.
Market Comprehension
Understanding the needs and culture of the market you wish to position your product or business.
Power of Networking
Understand the value of chance coincidences and how they can be channelled into successful opportunities.
Be Ready to grasp opportunities as or when they arise.
What do you need/want?
Seize opportunity!!
Build the Brand!
Believe in yourself, but know your limits!!
Develop strategic relationships!!
Business is all about networking, building relationships and taking action.
Be persistent & follow up.
Under promise and over deliver
Understand the rules; break them when you
have to…(not the laws)
ContactTrinidad and
Tobago Coalition of Services IndustriesTel:(868) 622-9229 Ext25 Fax:(868) 622-
9229 Ext37Website: www.ttcsi.org
Contact: [email protected]
THANK YOU!!!
