Yaneek Page is widely regarded as one of Jamaica’s most promising and dynamic young entrepreneurs.
She is a pioneer in litigant support services and enterprise-wide risk management in the Caribbean, having founded Future Services International Limited, the first company in the region to specialize in legal funding and helping companies manage enterprise risks. Future Services International Limited/Yaneek Page was a regional winner in the prestigious NCB Nation Builder Awards (2011), in the category “Women in Business”. Read More
It is said that experience can be a cruel teacher because it gives you the most difficult tests first and then valuable life lessons after.
In some cases, this aptly describes entrepreneurship and justice.
Many people go into business unconcerned about justice until they are faced with fierce legal battles or fall prey to injustice that threatens their goals, profitability, market position or overall viability.
To make matters worse, there is little literature, research or data that forewarns unsuspecting entrepreneurs of the practical ways they and their businesses may be affected by the state of justice where they operate.
One report that gives modest insight into the implications of justice and enterprise is the World Bank’s annual Doing Business Report, now in its 14th year, which seeks to investigate regulations that enhance and constrain business activity in over 190 countries around the world, including Jamaica.
Each year, the countries studied are ranked on areas that the World Bank believes will significantly affect the life of a business. For 2016, those areas are: starting a business; dealing with construction permits; getting electricity; registering property; getting credit; protecting minority investors; paying taxes; trading cross-border; enforcing contracts; and resolving insolvency.
The measure that most closely captures the relationship between justice and enterprise is ‘enforcing contracts’ a term mentioned 455 times in the most recent 356-page report.
I am constantly writing about ways to earn both online and offline because of our persistently high levels of youth unemployment, and the wealth of untapped opportunities for them to create their own sustainable incomes outside of the elusive traditional jobs.
The most recent employment data from the Statistical Institute of Jamaica shows the national unemployment rate for October 2015 was 13.5 per cent, however, the unemployment rate among youth aged 14-24 was substantially higher at 32.7 per cent.
Most troubling though is that the highest rate of unemployment in the country is still among young women aged 14-24 years at 43.9 per cent more than three times the national rate.
Ideally, what we all should be striving for is low single digit unemployment rates among all ages and genders. However, though we are far off that goal, the country has been making gains in recent times as the numbers have been on a downward trajectory.
Yet more strident efforts are needed, and all hands on deck are welcomed.
One way to accelerate that decline is to empower the unemployed and underemployed to exploit non-traditional opportunities, such as freelancing online, which require the barest of resources, minimal cash, but huge investments in time and productivity.
A few days ago I received two social media messages which illustrated the secrets to success for earning online, and the vast opportunities that are available for Jamaicans to tap into right now. One message read:
I read your article two years ago (I think) about earning money through fiverr.com and odesk.com in The Gleaner. I even photocopied the article and cut it out (I still have it, lol) when I was in high school and I was, like, I’m gonna sign up for that. So I did but did nothing with the page. Then I listened to your online webinar about freelancing and I finally got a laptop which would make it easier to do the freelancing. I deleted my previous account and created a new more professional one and started using it. I joined in January 2016 and did extensive research and since then I’ve made US$60. It?s probably not a lot to other people but to me it?s wooooooooooooow, I made money online. I hope to continue doing research and making my profile more attractive. JUST WANT TO SAY THANK YOU FOR PUBLISHING THE ARTICLE AND DOING THE WEBINAR BECAUSE IF IT WASN’T FOR YOU I WOULD NOT HAVE KNOWN. The caps are necessary because I am truly grateful. Nuff blessings – Ashley.