Business

China: The Neo-Colonialist?

Zimbabwe arms shipment returns to ChinaA few weeks ago it was announced that Zimbabwe will use the Chinese yuan as an official currency.  In exchange, China will cancel the southern African country’s $40 billion debt. Mind you, the US dollar and the South African rand are also de facto currencies in Zimbabwe.  Many economists may argue that using the yuan is a good idea to getting around American sanctions.

This is just the latest maneuver by China to further penetrate the African continent through trade and development.  According to the International Monetary Fund, of the 20 countries worldwide projected to grow the fastest by next year, 10 of them are in Africa.  Africa’s population is also expected to double to 3.5 billion by the 2050.

So it would make sense for China and other countries to make a move on potentially big economic opportunities related to the continent’s rich resources and minerals.  Approximately over a million Chinese people have moved to Africa in the last 10 years alone as part of a new scramble for Africa.  However, many feel that China is doing more harm than good.

Journalist Howard French wrote a book a couple of years called China’s Second Continent: How a Million Migrants Are Building A New Empire in Africa.  He traveled to half a dozen African countries to meet with these Chinese migrants about their motivations.  They work in a wide variety of occupations, including factory owners, farmers and even prostitutes.  Many of them come to Africa because they are either tired of the competitiveness, lack of freedoms and/or lack of economic mobility back in China.    

The book left a really bad taste in my mouth and a fear for the worst.  Many of the Chinese interviewees sounded the same way European colonizers did during the original Scramble for Africa over a one hundred years ago.  Most of the interviewees speak of Africans in a very racist manner, commonly calling them the derogative hei ren.  

The biggest gripe with the Chinese businesses is that they hire other Chinese workers – not African workers – to construct big development projects in Africa.  The Chinese businesses say they do this because they feel the Africans are not smart enough, childish, and don’t eat bitter, or work as hard as the Chinese.  Then when Africans are hired for jobs, they are paid low wages with very limited benefits and in dangerous environments. But many of these problems stem from African governments allowing Chinese business to come into their countries while ignoring their labor laws.

It seems like China is setting up these African countries to be totally dependent on them by just hiring only Chinese workers.  It would be more valuable for the continent to practice capacity building, where they train Africans to build and maintain their own infrastructure.  Sure, American aid and development projects in Africa have also been known to have shady, ulterior motives in the past as well, including most recently with PEPFAR, but at least Americans mostly hires Africans to work on African projects.  Even when I work on any media development projects in Africa, we make a conscious effort to hire locals because the whole point of development is all about, in my opinion, “ teaching someone how to fish.”

There is also a Chinese presence throughout the Caribbean.  In Jamaica, where my family is from, there have been similar complaints about Chinese development projects, mostly in the tourism sector with resorts.  Recently I was in Kingston and I noticed that the Chinese community self-segregates themselves from other Jamaicans and don’t usually hire locals in their businesses.  Jamaicans that are hired are treated poorly.  Because of this there is growing hostility towards the Chinese migrant community.  A Jamaican friend once told me, “We have replaced British colonization and exploitation with the Chinese.  They are only here to exploit us.”

What is most interesting about the Zimbabwe situation is that introducing Chinese currency into the country’s economy takes the Chinese neo-colonialist agenda to a whole new level.  China, a country that has a long rap sheet of human rights abuses, is hooking up with Zimbabwe, another country with serious human rights problems. Furthermore, despite the fact that he has been an egomaniacal despot in recent years, Mugabe was originally a freedom fighter 40 years ago who helped Zimbabwe become a free country.  Now it feels it feels like the country is moving back into colonialism.   

Ghanaian business executive Ed Brown said the best quote in French’s book:

“This [relationship] is going to be determine Africa’s future for the next fifty years.  This big question is whether African countries are dynamic enough to take advantage, or whether they’ll end up being the appendage of somebody else all over again.”  

What It Takes To Be An Entrepreneur

business planA couple of weeks ago I was invited to speak to a group of college-bound high school seniors who are interested in pursuing careers as entrepreneurs. The common questions from them were “Do I need to go to business school” and “What does it take to be an entrepreneur.”

Regarding business school, this depends on many factors. However, you don’t need an MBA to start a business. I didn’t go to business school; my college background and my main career has been in journalism. Some of the greatest entrepreneurs like Sir Richard Branson, Steve Jobs and Bill Gates didn’t go to business school either. Actually all of them dropped out of high school or college.

Most of the core competencies needed to run a business are not going to be taught in a business school. Entrepreneurship is a field you have to “learn from doing.” For example, if you want to run your own restaurant, it be a good idea to work in one or two or ten restaurants to get firsthand experience first. You would need to know how to do every job in the restaurant to have a well-rounded experience – waiter, cook, janitor, maitre’d, dishwasher, busboy etc.

When I started thinking about starting a business, I got jobs and internships working for other entrepreneurs to gain experience and mentorship support. When I first started freelancing as a journalist and getting Global Wire Associates off the ground, in the beginning I had to learn how to do all my own accounting, marketing and other administrative work by myself because it was only me doing it. Having that well-rounded experience taught me how to run my businesses better for all angles.

Other skills you need:

Patience: Successful businesses don’t happen overnight. It was probably a good two or three years into Global Wire Associates’ operation before I started making a comfortable income. It takes time to build a client base and grow trust the right way.

Resourcefulness: Sometimes things don’t go the way you want them to or as planned. This is why you need to have a Plan B, C, D, E, F and G. You always have to anticipated the worst can happen in a situation, be creative and think about an alternative solution.

Be Proactive: Successful entrepreneurs and successful people in general are the ones who take initiative to make things happen. Don’t wait around for others to do something you can do yourself.

Networking Skills: Always find an opportunity to sell your business to others, whether you are at a conference or a supermarket. While there are many tools for online marketing, It is always more valuable to do face-to-face interaction and have a business card to share.

Willing to try new things: Businesses have to evolve with the times and trends to stay relevant with customers. It is always good to try new ideas in your business to challenge yourself. Sometimes it can be risky, but you never know how risky it is until you try it. Even if the new idea doesn’t work, at least you can say you tried it.

Hard work: Entrepreneurship is not a 9-5 job. Expect to work long hours and sacrifice some time in your personal and family life, especially at the beginning.

Reward Supporters: Bring on people into your company who support you and your dreams and return the support. Most of the people I started Global Wire Associates with still work for me because they support me and I support them.

Now this is not to say that you shouldn’t go to business school. If you are planning on going back to school, here are some things to think about:

Cost: College is very expensive these days. Are you willing to spend the money if you have it? If you don’t have the money, are you willing to take out the loans? How are you going to pay back the loans after graduation? You might have to get a part time job since your business might take a while to generate income.

What type of business school: There are difference types of business schools based on what type of business you would like to pursue. For example, if I wanted to go to business school, I would go to one that specializes in international business, with a focus on development economics.

What you will get out of it: Does the school have a good mentorship program? What kind of access do you have to professors and how experienced are they to help you? What can you get out of the network of graduates?

A lot of things to think about to be an entrepreneur!

Why You Need a Personal Website

Website Wireframe Sketch On Digital Tablet Screen

One of the most frequently asked questions by my clients is whether or not they should have a personal website.  Many of them are job seekers looking to better brand themselves to potential employers.  In my opinion, I think personal websites can only enhance your chances of finding your dream job.  And, no, I am not just saying this because I am a web designer trying to get new clients.  I say this coming from my own experience with this website.  

I am self-employed in journalism and digital marketing, so it is a must that I have a website that showcases who I am and my previous work.  In today’s competitive market, anyone in any field that is not self-employed also needs a website to get the next job.  

Let’s break down the reasons:

  1. You can control your brand – The first thing most recruiters do today is google the names of prospective job applicants.  As many of you know, both good and bad things about you can show up in a google search.  Having your own website can control your brand and help protect your reputation online.  Presenting information on your own website shows you in the way you want others to view you online.  Also, having your name as the website’s URL (yourname.com) also establishes your brand and will guarantee that your site will show up on the top of the first page in search engine results.
  2. Sell yourself – The whole point of your personal website is to sell yourself.  Why should someone hire you?  Your online portfolio should be a grand showroom of your best work for recruiters who want additional information about you that goes beyond a CV or resume.  You can show off what makes your skills and personality unique and marketable. Also, anyone in the world can see your website, and you never know where your next job will come from.  I have gotten really awesome job opportunities from people who happened to stumble upon this website!
  3. Show your investment – Having your own website shows others that you invest in yourself and career by branding yourself online.  Employers will take you more seriously.
  4. You are accessible – Having a website makes it easier to find and contact you about work.  Your website should have a clean, simple navigation design, where it is easy to find your biography, contact information and samples of your work.  Stick to the three-click rule, make sure your site supports web diversity and avoid busy-looking websites like the plague.
  5. Links to social media and networking tools – Your website can also be the one-stop to all of your social media accounts, which makes it easier for recruiters to find you online in other places.  You can also put links to other online spaces where recruiters can find your work like Behance.  A word on social media: a lot of people ask me why they should have a website, when they already have a Linkedin or Facebook page.  The reasons are already stated above.  Everyone’s social media accounts look the same.  Having your own website distinguishes yourself from others and showcasing your unique skills and personality.  Furthermore, there are always new social media tools coming onto and going away from the market.  Websites are more future-proof that can grow with your career.

Now that summer is over and everyone is back to regular work and school schedules, now is a great time to think about doing a personal website.  Global Wire Design is running a 10 percent discount on all of its services until 30 September 2015.  Contact us about your online marketing solutions!  

New Web Design Checklist for Small Business Owners!

Short Guide to Business Websites Book CoverThis week Global Wire Books released its latest e-book in the Short Guide series.  In the year since I launched our web shop Global Wire Design, we learned a lot about our customers who are mainly small business owners and their needs.  After a while we noticed they were asking the same questions.  So earlier this year we decided to create a Short Guide that answers the most common questions and issues small business owners should be aware of when considering a website design.

Short Guide to Business Websites is a quick, informative checklist for small business owners looking to create a new website or redesign their current one.  Over 50 percent of all businesses don’t have a website.  Many of them cite the high cost to create one and not having the time to maintain one as obstacles.  Many businesses that do have websites have a hard time figuring out how customers can have the best user experience.

This Short Guide provides a concise list of tips and issues business owners need to consider before embarking on a website design, whether the website is built in-house or a professional web designer is hired.

The tips from this Short Guide come from best practices and case studies developed by Global Wire Design.

Short Guide to Business Websites
Price: US$13.99
Buy it here!