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This podcast got really exciting really fast because it became a full business lesson on starting a company from scratch. Developing a business is not easy, oftentimes we think that its easy as riding a bike by just doing it, but its not. In this conversation with Aaron and Chavara of Chiccharney Farms its been proven that business development requires hard work and sacrifice.
...from the Farm in Andros to your home in Nassau or to other islands of the Bahamas, Chiccharney Farms has developed something quite unique when it comes to fresh produce and handmade products here in the Bahamas.
Known as a farm to table store chiccharney Farms has developed a unique business structure that takes advantage of local fruits grown in the Bahamas and other vegetables grown locally. This locally grown produce is offered fresh at their pop up shops or via delivery.
If you are old enough to remember the produce exchange that was located under the bridge in Nassau, then you will love this little store front. The Produce exchange was a place where local farmers from the family island would be able to sell their produce to the Bahamian public. It was a governmental ran business that was started to help farmers on the out islands.
With Chiccharney Farms their little business is similar to this concept. They have their own local farm on the island of Andros where they farm a number of items from pears to soursop and everything in between.
The beauty of this conversation with the owners of Chiccharney Farms is that its a husband and wife team. Aaron was a basketball player in the United States and Chavara was a banker. Somehow they made the decision to start their own little business bases on the skills they developed over their life time in farming and understanding how to offer good service to people.
Our conversation transitioned between the couple as they discussed the hardship of doing business in the Bahamas but also how rewarding it can be to own something that is yours. Perseverance was the word of the day to describe what it takes to make it when starting you own business
Use what you have. Sometimes we want something and try to get things that we dont need to do what we want to do. All it takes is to look at your life and see what skills you learned over the years and use those skills to help you business grow.
What is a chicccharney? You will have to listen in to find the answer to this question. A great spiel on this mystical creature said to live in the forest of Andros was explained by Chavara and her Andros roots.
We took time to go over their business structure and how it stacks up to a concept by Robert Kiosaki known as the BI Triangle. We broke down the BI Triangle and how their business filled those gaps but even more so how other businesses can use it to to develop their companies.
The conversation with Aaron and Chavara was one that you will not soon forget. Chiccharney Farms is growing just like it should and I surmise they have great ideas in mind for the future.
Why doing business in the Bahamas? Well its simple. If you ever tried to open a business, run a business or start a business from scratch you would have felt the discouraging feelings many other starts ups have doing business in the Bahamas
There is just too much complaints about getting things done in the Bahamas. I want to know how difficult it really is and talk to other entrepreneurs and business owners on how difficult it is to actual start and run a business in the Bahamas
Starting a business is the hardest thing many persons will ever do in their life. Getting things in order to start you business is tough enough, but how difficult is it to become legal?
What does it take to start a business in the Bahamas? Which type of business is best? Retail, Wholesale, Product design, Services? Which is best or do they all have their own problems? Lets find out together.
How easy is it for you to run your business day to day. I've heard of persons being harassed by the government and when I say the government a particular branch of government who job it really is to check up on businesses but they tend to come down on some businesses harder than others in the same industry. Could this be strong arming or favors from competitors?
I want to talk about managing you money as a business. How do Bahamians manage business money? How many have the right idea or how many have the wrong idea of how it works. Should you integrate your business money into your personal money when starting out or is it best to just pay the cost upfront to get a business account?
You are the chief cook and bottle washer in your business
Robert KiosakiWithout you, your business will not exist. The thing about small business is that they depend on the person who started it. Without them the business would not exist. This can be a problem because you then build a business that cannot exist if you step away. We will discuss ways to change this issue in the Bahamas and help Bahamians build generational Wealth.
The more we talk about issues about doing business in the Bahamas the more we all learn from each other and help our economy grow quicker faster and better than where it is at this time.
Remember if you have a question or a person who you know is out there doing their thing with their own business please send us an email or leave a comment of their name and contact number so we can sit and discuss doing business in the Bahamas.
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