Brendan Paddick, the Canadian who started a Caribbean-headquartered telecommunications company that now operates in 42 countries in the region, shared the secrets to his success recently. He was speaking at the T&T Chamber of Industry and Commerce's 9th Annual Business Hall of Fame induction ceremony and gala dinner at the Hyatt Regency Trinidad.
Saying he was sharing his "personal strategy for success," he advised T&T's business leaders to "make it fun, make it happen, make it meaningful, make it last and make a difference".To this day, Paddick says, he continues to "make it fun." He told guests at the black tie dinner that he and his staff go to work most days in shorts and a casual shirts. While the Bahamas-headquartered Columbus Communications was incorporated in 2004, Paddick actually started his business in 2003 at his house.
He said Columbus Communications was "way behind" the telecom giants with which it now competes. It was behind on time and market share because its competitors were decades-old companies with global resources."We did it by thinking big and acting small," he told business people. "It was not just about changing markets but about disrupting markets."He added that "risk needs to be taken to reap rewards," and that "permission to fail is part of our DNA".
Paddick said: "If we're not failing at things, it means we're not trying new things."Of course, continuously failing at the same thing will mean there is a problem, he said."We never set out to be cool. We set out to be relevant," he told Chamber members. He advised them to "never be afraid to hire people who are smarter than you," and added that they should "never forget where you came from".On the style of working, Paddick said "at Columbus, you don't work for people, you work with people."
Flow Trinidad
Paddick said that for Columbus, T&T is "our primary market" and "our most proud market." He said T&T customers are the beneficiaries of many firsts–high speed Internet at 100 megabytes per second was rolled out here before anywhere else, and he promised the country will remain on the cutting edge as the testing ground for many new technologies.
He said Columbus offers free broadband Internet to more than 600 schools in the region. In T&T, more than 150 schools get free Internet access from Flow, the local brand name by which most people know Columbus. He said his next objective is to roll out "smart classrooms" throughout the region equipped with audiovisual and technological aides that make learning fun.
Columbus employs 2,600 people of 48 different nationalities in the region, Paddick said. Of that number "less than 20 work on a work permit," he said, adding that this demonstrates the company's commitment to providing jobs to Caribbean nationals.
In closing, he asked rhetorically: "What's an address without a political jab?"
As Trade Minister Vasant Bharath and Finance Minister Larry Howai listened from their front row table he explained: "To the Government of T&T, your job is to put in place a favourable environment", stressing that "a quality education system" is the key to the country's future development.
Inductees
The evening was also about three businessmen who were inducted into the Chamber's Hall of Fame.Carlton Mack, a Chinese-born immigrant to T&T, who excelled in the retail food business before expanding into construction and mall ownership, was posthumously inducted.Also posthumously inducted that evening was the man who made famous the catch phrase "Harricrete it the hardest hard." Harry Sooknarine, founder of Cariflex Harricrete Ltd, was the second inductee of the evening.
The third inductee was Victor Mouttet, founder of Vemco, who told guests he started his business in the late 1960s with $1,500, a wife, a 15-month-old baby, and his chaplet in hand. Mouttet, who was assisted to the stage by his son, Christian, a former Chamber president like his father, said he established Multifoods Corporation Ltd first. He introduced many new food brands to T&T.
He said combined, the children of that parent company of the 1960s are now "one of the largest suppliers of food and groceries in the Caribbean."Mouttet bequeaths to his family more than 100 restaurants in T&T, Jamaica and Barbados through publicly-listed Prestige Holdings. The family also owns publicly-listed Agostini's Ltd; the Payless shoe stores; the Courtyard Marriott in T&T, and more.