{"id":111082,"date":"2015-04-17T08:25:11","date_gmt":"2015-04-17T12:25:11","guid":{"rendered":"http:\/\/www.bahamasb2b.com\/news\/?p=111082"},"modified":"2015-04-17T09:08:08","modified_gmt":"2015-04-17T13:08:08","slug":"bahamas-striping-president-shares-how-ideas-innovation-drove-corporate-success","status":"publish","type":"post","link":"https:\/\/www.bahamasb2b.com\/news\/2015\/04\/bahamas-striping-president-shares-how-ideas-innovation-drove-corporate-success","title":{"rendered":"Bahamas Striping President Shares How Ideas, Innovation Drove Success"},"content":{"rendered":"<p>Against All Odds<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-111083\" alt=\"atario-mitchell-bahamas-striping\" src=\"https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2015\/04\/atario-mitchell-bahamas-striping.jpg\" width=\"200\" height=\"150\" srcset=\"https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2015\/04\/atario-mitchell-bahamas-striping.jpg 200w, https:\/\/www.bahamasb2b.com\/news\/wp-content\/uploads\/2015\/04\/atario-mitchell-bahamas-striping-150x112.jpg 150w\" sizes=\"auto, (max-width: 200px) 100vw, 200px\" \/>&#8220;I did not develop ideas for innovation because I had choices. I developed them because I had no choice,&#8221; said President of Bahamas Striping Group of Companies, Atario Mitchell in kicking off his speech to the Bahamas Chamber of Commerce Conclave held under the theme, &#8220;Ideas and Innovation: Making The Bahamas A More Competitive Region.\u201d<\/p>\n<p>With a $5,000 government grant Mr Mitchell started a road striping company which in five shorts years has ballooned into a group encompassing four distinct lines of business: road striping, airport maintenance, pavement rejuvenation and the sale of environmentally friendly asphalt repair products.<\/p>\n<p>The entrepreneur was invited to speak to the conclave Wednesday on how ideas and innovation powered the success of Bahamas Striping, Airport Maintenance Services Ltd. and Caribbean Pavement Solutions.<\/p>\n<p>In 2010, the over-riding problem plaguing Mr Mitchell&#8217;s small business was one faced by many entrepreneurs today \u2013 he had a big idea with no money.<\/p>\n<p>&#8220;I applied for a Self-Starter grant and became a successful recipient qualifying for the grant of $5,000. While this appeared to be the beginning of my success (from outsiders looking in), it became the beginning of my challenges,&#8221; he said.<\/p>\n<p>&#8220;You see, the first small striping machine that I needed cost $17,000 landed, so I came into the race $12,000 short.&#8221;<\/p>\n<p>It was one of many engaging personal stories he shared which resonated with the audience.<\/p>\n<p>&#8220;Coming out of the starting block with challenges taught me how to survive, I not only had to think outside the box, I had to get out of that the box entirely and stop looking at what I did not have and start looking at what I had,&#8221; he said.<\/p>\n<p>It&#8217;s that sort of unconventional thinking which led him to land one of his first big jobs, partnering with a Florida-based company to provide striping services during Phase I of construction at the Lynden Pindling International Airport (LPIA).<\/p>\n<p>It was then the young entrepreneur received his &#8216;a-ha&#8217; moment \u2013 a defining time when things change and the winds of fortune began to blow in his favor.<\/p>\n<p>&#8220;I made a deal with them that in lieu of payment, all of the equipment and materials that they brought in would be exchanged for my labor,&#8221; Mr Mitchell shared.<\/p>\n<p>&#8220;That company agreed and as a result of the completion of Phase I of the LPIA, I not only ended up with over $100,000 in equipment and supplies, I and my staff received valuable training and experience.&#8221;<\/p>\n<p>Creativity is not always about seeing what other see, said Mr Mitchell, rather, it&#8217;s looking at things in a newer and different way.<\/p>\n<p>Still, Mr Mitchell said its patently obvious that The Bahamas needs to provide more funding to small and medium size enterprises (SMEs).<\/p>\n<p>&#8220;We must stimulate the creativity of a new generation of Bahamian entrepreneurs,&#8221; he stressed. &#8220;We must create small business incubators and micro-loan programs that will draw out creativity and allow opportunities for the next generation of Bahamian millionaires to emerge.&#8221;<\/p>\n<p>Towards that end the company&#8217;s goal is to begin manufacturing its Bond-X Green in Grand Bahama for domestic use and export throughout the Caribbean by the end of this year. The product is an environmentally friendly cold patch used in asphalt repair.<\/p>\n<p>&#8220;Once the manufacturing plant is in full gear, we will move away from installing the product thereby creating ownership opportunities for persons to become certified installers,&#8221; said Mr Mitchell in outlining his corporate expansion plans.<\/p>\n<p>&#8220;We will work with the Bahamas Venture Fund in helping young Bahamians [to] access funding and we will provide a turn-key start up package including training and technical support to bring about these new economic opportunities.&#8221;<\/p>\n<p>He continued: &#8220;This initiative will no doubt expand manufacturing in the country, open up new ownership opportunities, save the government money while delivering an environmentally-friendly product. This ladies and gentlemen is innovation at work.&#8221;<\/p>\n<p>To date, the company supplies the Nassau Airport Development Company, Water &amp; Sewerage and many Family Islands with its asphalt repair product line.<\/p>\n<p>Precisin Media<\/p>\n<p>Caption: President of Bahamas Striping Group of Companies, Atario Mitchell addressed the Bahamas Chamber of Commerce Conclave Wednesday on how ideas and innovation are a driving force behind his corporate success.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;I did not develop ideas for innovation because I had choices. I developed them because I had no choice,&#8221; said President of Bahamas Striping, Atario Mitchell, in his speech to the Bahamas Chamber of Commerce Conclave.<\/p>\n","protected":false},"author":41,"featured_media":111083,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"rop_custom_images_group":[],"rop_custom_messages_group":[],"rop_publish_now":"initial","rop_publish_now_accounts":{"facebook_10223285771444175_51037792744":""},"rop_publish_now_history":[],"rop_publish_now_status":"pending","footnotes":""},"categories":[3],"tags":[],"class_list":["post-111082","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"_links":{"self":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/111082","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/users\/41"}],"replies":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/comments?post=111082"}],"version-history":[{"count":0,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/posts\/111082\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media\/111083"}],"wp:attachment":[{"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/media?parent=111082"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/categories?post=111082"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.bahamasb2b.com\/news\/wp-json\/wp\/v2\/tags?post=111082"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}