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BLASTING YOUR BUSINESS TO SUCCESS: Financial Tips, Tricks

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Title: PowerPoint Presentation Author: Edem Bakhshish Last modified by: Nirad Tewarie Created Date: 2/19/2014 5:02:56 PM Document presentation format – PowerPoint PPT presentation

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Title: BLASTING YOUR BUSINESS TO SUCCESS: Financial Tips, Tricks


1
BLASTING YOUR BUSINESS TO SUCCESS Financial
Tips, Tricks Traps
  • Presentation by
  • Nirad Tewarie,
  • Chief Executive Officer
  • www.ttcsi.org

2
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

3
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

4
www.ttcsi.org
  • TTCSI currently has 51 Member Associations,
    making it one of the largest single business
    groups in the Caribbean

5
Sector Organization
  • The TTCSI has been encouraging and developing
    local services sectors amongst them Member
    Associations with women entrepreneurs FATT,
    AFETT, ICATT

6
MAP OF THE CARIBBEAN
7
  • The biggest barrier between women and success is
    themselves
  • - Sheryl Sandberg

8
What is NEEWS
  • Economic empowerment of women of the global South
    through different thematic streams
  • Agriculture Food Security
  • Science Technology
  • Energy Energy Security
  • Design Culture
  • Construction
  • Services

9
Objective
  • Re-tooling established, mid-level women-owned
    businesses to achieve higher levels of success
    through a Business Accelerator programme.

10
HOW
  • Mentoring / Teaming of already iconic business
    entrepreneurs to take these women to higher
    levels of success
  • Matchmaking
  • Training
  • Case studies

11
The Project
  • Developing interventions that encourage greater
    collaboration among business women as well as
    institutions/organizations
  • Provide the tools to accelerate womens existing
    income-generating activities into stronger and
    more viable business

12
What Next?
  • We need you
  • ? mentors
  • ?particpants
  • ?lists of both
  • ?partner organisations

13
  • The men wanted answers and the women wanted
    permission and help.
  • -Sheryl Sandberg

14
  • Some truths transcend gender

15
Sandra Carr
My 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.
16
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.

17
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.

18
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.

19
Angela Lee Loy Executive Chairman, Aegis
Business Solutions
20
Accomplishments
  • Inducted into the International Association of
    Business Leaders in 2002
  • Selected as an honoured member of the Whos 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),

21
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.

22
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.

23
  • As women, Our leadership position is a brand in
    itself and many people do not realize this.

24
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.
25
Major Challenges and Opportunities
  • It begins with dreams, ambition, design and
    planning and being open to every right
    opportunity when it presents itself.

26
 ConfidenceOvercoming fear and Obstacles
  • Raising Capital without business Experience.
  • Influencing investors to take a chance on your
    dreams.
  • Managing cash flow.

27
Market Comprehension
  • Understanding the needs and culture of the market
    you wish to position your product or business.

28
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.

29
  • What do you need/want?

30
  • Seize opportunity!!

31
  • Build the Brand!

32
  • Believe in yourself, but know your limits!!

33
  • Develop strategic relationships!!
  • Business is all about networking, building
    relationships and taking action. 

34
  • Be persistent
  • follow up.

35
  • Under promise and over deliver

36
  • Understand the rules break them when you have
    to
  • (not the laws)

37
Contact
  • Trinidad and
  • Tobago Coalition of Services Industries
  • Tel(868) 622-9229 Ext25 Fax(868) 622-9229 Ext37
  • Website www.ttcsi.org
  • Contact
  • info_at_ttcsi.org
  • ntewarie_at_ttcsi.org
  • ndesilva_at_ttcsi.org

38
  • THANK YOU!!!
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