Martin Presentation on the work of entrepreneurs in and outside of the region.pptx

Presentastion for entrepreneurship class

1. The Work of entrepreneurs in and outside of the region Racquel Martin 6 th Form Teacher: Mrs. Haughton

2. Hubert & Helen BHAGWANSINGH

3. Hubert & Helen BHAGWANSINGH Helen Bhagwansingh, the "Iron Lady" of Trinidad and Tobago, earned her nickname through her assertive and dominant presence in the hardware industry. Born on October 7, 1940, to Daniel and Vilna Ramoutarsingh, Helen was the first of four children, whose grandparents were indentured servants who came to Trinidad. Her father moved the family to Marabella, where he opened a bicycle repair shop, and Helen left school at 11 to work full-time in the family business, Ramoutarsingh's Hardware. She managed the bicycle repair department efficiently and eventually took over the entire hardware until her marriage at 19 to Hubert Bhagwansingh, a radio technician. After marrying, Helen helped her father expand the business, purchasing a drive-in cinema in 1969, which she managed successfully until its sale in 1977. With the sale proceeds, Helen returned to the hardware business, buying an adjoining mangrove swamp from the Port Authority and transforming it into a thriving outlet. Her vision for the little hardware led to the establishment of Bhagwansingh's Hardware in Sea Lots. Despite challenges, including a disastrous fire, Helen rebuilt and expanded the business, eventually establishing additional locations in Chaguanas and Marabella. The Trincity branch, launched in 2007, became the largest hardware store in the English Caribbean.

4. HELEN AND HUBERT BHAGWANSINGH Helen diversified her portfolio, acquiring Dansteel and Centrin, and exploring other industries. Her remarkable achievements earned numerous awards, including Woman of the Millennium, induction into the Trinidad and Tobago Chamber of Industry and Commerce Business Hall of Fame, the Order of the Republic of Trinidad & Tobago, an Honorary Doctor of Law degree from The University of the West Indies, National Icon for excelling in business and entrepreneurship, and induction into the Hall of Pioneers. Beyond her business acumen, Helen values family and is known for her generosity, supporting charities and establishing a Trust for Diabetes Education, Research and Prevention at The UWI. Her legacy continues to inspire future generations, solidifying her position as a pioneering female entrepreneur in Trinidad and Tobago. Throughout her 60-year marriage to Hubert, who passed away in 2019, Helen demonstrated courage, resilience, and business acumen, proving herself a true leader in her industry and community. Today, Bhagwansingh's Hardware remains a household name, with Helen's children continuing the family tradition, and her philanthropic efforts leaving a lasting impact on Trinidad and Tobago.

5. SUMMARY Helen Bhagwansingh is a habitual entrepreneur because she has consistently managed and expanded multiple businesses throughout her career. Her journey from managing her family's hardware store to establishing Bhagwansingh's Hardware, and then diversifying into other industries like Dansteel and Centrin, showcases her ability to juggle and sustain various ventures simultaneously. Her continuous involvement in multiple businesses and her resilience in rebuilding and expanding after setbacks highlight her entrepreneurial spirit and commitment to growth and innovation.

6. JAMES HUSBANDS

7. JAMES HUSBANDS James Husbands, a pioneering Caribbean entrepreneur, has made significant strides in the field of solar energy. As the founder and managing director of Solar Dynamics Limited, Husbands has been instrumental in transforming the way solar energy is utilized in the Caribbean. His journey began in 1974, when he started Solar Dynamics with a vision to provide a sustainable and cost-effective alternative to traditional energy sources. Despite having no prior experience in the industry, Husbands engaged in extensive research and experimentation, leading to the development of innovative solar water heating systems. His company has since become a world leader in solar water heating technology, with over 30,000 installations throughout the Caribbean2. Solar Dynamics has not only saved users money but also significantly reduced the environmental impact of each household by promoting clean, renewable energy. Husbands' dedication to innovation and quality has earned him numerous accolades, including the Barbados Investment Development Corporation’s Special Innovation Award and a Gold Crown of Merit from the Barbados Government. His commitment to sharing knowledge and fostering new talent is evident in his mentorship programs and his role as Entrepreneur in Residence at the University of the West Indies. Through his visionary leadership, James Husbands has positioned Barbados among the top nations in the world for solar water heater penetration, making a lasting impact on the region's energy landscape

8. Summary James Husbands fits the profile of a social entrepreneur. His work with Solar Dynamics Limited focuses on providing sustainable and cost-effective solar energy solutions, which have a significant positive impact on the environment and the community. His dedication to innovation, sustainability, and community development aligns with the characteristics of a social entrepreneur. However, it's important to note that entrepreneurship can often encompass multiple types, and individuals like Husbands may exhibit traits of more than one entrepreneurial category. In addition to being a social entrepreneur, James Husbands can also be classified as a sustainable entrepreneur and a serial entrepreneur. As a sustainable entrepreneur, he focuses on creating environmentally friendly solutions that promote sustainability and reduce the carbon footprint. His work with Solar Dynamics Limited exemplifies this commitment to sustainability. Furthermore, as a serial entrepreneur, Husbands has demonstrated his ability to repeatedly innovate and create successful ventures within the renewable energy sector, continuously contributing to the growth and development of the industr y.

9. ALLEN CHASTANET

10. ALLEN CHASTANET Allen M. Chastanet is a Saint Lucian businessman, politician, and current Prime Minister. He was Minister for Tourism and Civil Aviation and a member of the Saint Lucian Senate from 2006 to 2011. He is a former vice president of marketing and sales for Air Jamaica. He is the managing director of the Coco Palm Hotel. Chastanet unsuccessfully ran for a parliament seat for Soufriere Constituency in the 2011 general election. In 2013, he was elected leader of the opposition United Workers Party (UWP).Allen Chastanet holds a Bachelor of Arts Degree in Economics and Political Science. He also holds a Master of Science Degree in Development Banking. He obtained these from Bishops University in Quebec and American University in Washington D.C., respectively. From 1989 – 1991, Chastanet was Vice President Sales and Marketing, Windjammer Landing, St. Lucia. He opened and launched a new 214 luxury Resort with the responsibility to promote and sell property on a global basis. Managed a US$1 Million budget creating and implementing all marketing activities including setting rates, designing collateral, advertising campaigns, appointing and working closely with PR agencies and sales teams. Managed the distribution system of tour operators, travel agents, 800’s, and direct bookings. Additional responsibilities included implementing a sales and marketing strategy for Villa Sales. From 1992 – 1994, Chastanet served as the Director of Tourism for his native St. Lucia where he was credited with bringing the small island into the forefront of the Caribbean’s tourism industry. He developed and managed all marketing and sales strategies to promote and position St. Lucia as the leading tourist destination and established the now world-renowned St. Lucia Jazz Festival.

11. ALLEN CHASTANET From 1994-1995, Chastanet was Director Sales and Marketing Island Outpost. Working directly with Mr. Chris Blackwell, founder of the Island Outpost brand of boutique hotels, Allen Chastanet was also responsible for 11 hotels in Miami’s South Beach, Jamaica, and the Caribbean. However, his primary responsibility was to select and manage all the PR and marketing agencies in the US, UK, Europe, and the Caribbean. He incorporated the Island Records label and entertainment industry with the hospitality sector. Chastanet served as Vice President Sales And Marketing, Worldwide, Air Jamaica from 1995 to 2003. Starting as Director of Sales for North America in 1995, Allen Chastanet was quickly promoted to the position of Vice President of Sales, Worldwide and then Vice President of Sales and Marketing, Worldwide leading Air Jamaica’s global marketing and sales strategy. Under his guidance, Air Jamaica achieved unparalleled growth both in leisure and Caribbean Diaspora markets. In addition, he was instrumental in starting the Air Jamaica Jazz and Blues Festival which today attracts record patrons and arrivals and generates strong expenditures, Islands in the Park and Love Birds Kids Program. In 2001 – Allen M Chastanet was named Travel Agent Magazine’s “Caribbean Destination Person of the Year". In October 2003, Chastanet Was Managing Director, Coco Resorts where he was responsible for the day-to-day operations and Marketing and Sales efforts of the Caribbean’s newest boutique property in Rodney Bay, St. Lucia. Coco Creole, a three-star hotel provides a quintessential Caribbean experience with all of the modern conveniences for the leisure and business traveler. Coco Creole won the Caribbean Hotel Association’s Crystal Award for ‘Best Small Hotel” 2006. Coco Palm, an 83-roomed property that opened in September 2005 with Coco Creole was the Crystal Award winner of the Caribbean Hotel Association’s ‘Best Small Hotel” award in 2006.

12. SUMMARY Allen M. Chastanet fits the profile of a serial entrepreneur. He has been involved in multiple ventures across different sectors within the tourism and hospitality industry, demonstrating his ability to start, grow, and manage various businesses successfully. His repeated success in launching and managing new ventures, such as luxury resorts, tourism initiatives, and his role in Air Jamaica, aligns with the characteristics of a serial entrepreneur. Additionally, Chastanet is also a social entrepreneur, focusing on creating social value and addressing societal issues through his business ventures.

13. REFERENCES Helen & Hubert Bhagwansingh: https://trinidadexpress.com/business/local/the-iron-lady/article_5aa9074e-7dcf-11ee-8e23-4737753d5a47.html James Husbands: https://ansacaribbeanawards.com/laureates/ james -husbands/ https://www.ccreee.org/news/caricom-energy-month-awardee/ Allen Chastanet: https://parliament.govt.lc/ mp -members/allen-chastenet/