Did you notice? Are we expected to notice? Your newest, hippest, popularity hoggi...
Read more
Initial reactions to the launch of Jamaica’s First Daily Deals Site I was scrolling through my tweets on Wednesday night when I saw somebody mentioning a new daily deals site. Immediately, I picked up that something must be happening. Scrolling some more I realized that indeed something was up; there was a new site on the scene, and this one was a little different from the others. This one, IrieSocial, was not an American based site, you know those that pop up everyday, no this was Jamaican, and even more surprising... co-founded by a celebrity backer, Asafa Powell. Another Crappy Jamaican App? Not so long after discovering the site (like a couple minutes), I got a mail from a friend with his feedback on the site. He said; [redacted] sent me the above link to this website that was co-founded by Asafa Powell. This is just another example of a lazy entrepreneur re-creating a groupon clone. There are a lot of opportunities out there, but you have to work your ass off to take advantage of them when they do appear. There are no shortcuts or templates, just plain old hard work. Wow! A little too harsh? Maybe, Maybe not. The truth is, launching a new business, especially with huge press, celebrity backing and financial support immediately creates high expectations; so we would not expect to see one of those simple mock-up, built overnight sites. Heavyweight Team What we find impressive though, is the strong team and leadership that is behind this venture. Readi...
Read more
25 Schools Compete to Capture One Iconic Image If the old adage "a picture is worth a thousand words" still rings true, then Jamaicans will soon have at least 25,000 words depicting Jamaica’s experience over her 50 years as an independent democracy. Staff and students from some 23 schools across the island and members of the media, including MoneyMax101.com, were welcomed inside the United States Embassy in Kingston on Friday the 20th of April, 2012 for the launch of what is expected to be a spellbinding competition. Coordinated and funded by the United States Mission to Jamaica - “50 Years of Democracy in Focus” - a photo-journalism competition involving 25 select schools from across the island was officially launched at the United States Embassy Kingston on Friday. The Search for One Iconic Photograph Endorsed by U.S. Ambassador to Jamaica Pamela E. Bridgewater, the competition challenges students to reflect on Jamaica’s journey over the past 50 years and to capture the essence of our story in one iconic photograph. The photograph submitted by each school will then be uploaded to t...
Read more
Swimming freely wherever there is a beach is a right Barbadians treasure. It is a right they have maintained through all there development and which it appears they are not at all willing to give up even if it means losing 500 jobs. As quickly as Sandals boss Butch Stewart expressed his serious interest in acquiring the 30 Acre Almond Beach Village Hotel in St Peter, Barbados, Barbadians begun to raise their concerns about “Stewart’s inevitable intention to privatize their beaches.” Stewart has maintained that he has absolutely no plans of the sort. Serious Concerns Raised Today’s Editorial in the Barbados Nation Newspaper is dead on the subject. While recognizing the great economic value in “keeping [the] Almond hope alive,” the Editorial raised the concern of Stewart’s private beach reputation. Is Barbadian society ready to welcome the private beach attraction that characterizes Mr Stewart’s successful Sandals brand and other resorts in neighbouring tourism destinations? Going further, the Editorial points out that the issue of losing beach access is one that has been known to cause real projects to stall. Barbadians are sensitive about beach access. The very question of locals losing the right to enjoy the island’s beaches was at the root of the recent controversy over a proposed tourism development at the Skeete’s Bay-Culpepper area in St Philip. Finally the Editorial ended by calling on the government and private sector to ensure the issue is dealt with before it becomes a “national problem.” It is therefore important that those involved in any future sale of Almond Beach Village, private sector and Government, stress this vexing issue of proper beach access – not a dark and lonely track – so as not to create a later national problem while attempting to solve the urgent and immediate one. Stewart’s Defence Speaking in...
Read more
Sometimes a LOT of us act as if we’re perfect. Come on! Raise your hand if you have NEVER made a mistake! Hold them up, I’m counting. Hands down. The grand total is... ZERO. That’s the number of us who are perfect. We've all made mistakes. We know we have, and trust me, if you think back long and hard, you will realize that you have made a few too. The truth is, while we have high expectations of LIME (and hate to see them mess up), we understand. Com’on guys! Cut them some slack. It’s Just a mistake I looked for the definition of mistake LIME and trust me, this fits the bill. As a result LIME, we find you, NOT guilty. Here’s why, but first the definition. Dictionary.com defines it a...
Read more
We will be embarking on a series of posts related to personal finance, managing ones money, investing, investing options, risk, and many other related topics. However while searching around I came across this interesting little video which I figured would provide a little background about investing in stocks. Please note stocks are not the only investing option. This video, while based on the United States market, gives a basic understanding of what is involved in investing in the stock market, both from the investor's and company's point of view. If you have 10 minutes, its a good little watch if you want to understand the foundation of stock market investing. What do you thi...
Read more
There are a lot of things we know and love about Apple. We know that they are the makers of our beloved iPads, iPods, iPhones, iMacs and eveything i like and want. However when it comes to their financial performance and how well the business has done, we may not all be fully informed. Don't despair. If you still do not know, let me inform you that Apple is the largest company on ths US stock market. ...
Read moreGordon 'Butch' Stewart has been featured in the Financial Times. We all love and respect Gordon 'Butch' Stewart - one of Jamaica's leading businessmen. He has created a raft of businesses and has invested in a plethora of companies and industries, creating many jobs and contributing significantly to the economy. As Chairman of Appliance Traders Ltd his companies include Sandals resorts, The Jamaica Observer, ATL Motors (distributors of Honda), ATL Autohaus (Audi and Volkswagen partnerships), Bitannia Motors, and Beaches Resorts. His businesses also distribute Land Rover/Range Rover, and Jaguar. His automotive arm recently became the number two seller of motor vehicles in Jamaica. It was recently reported ATL Automotive is now the number two automotive vehicle seller in Jamaica,...
Read more
There may still be hope for the embattled airline REDjet as Barbadian Prime Minister, Freundel Stuart, indicated that he is prepared to meet with the airline's executive to discuss its future. The Million Dollar MoneyMax Question is: Why did he take so long? ...
Read more
End of Deal #1
Did you notice? Are we expected to notice?
Your newest, hippest, popularity hogging start-up, Iriesocial has almost already started to disappoint. I was hesitant to make any judgment on the team and its project, but now, only days after being launched, my hopes are being dashed, and it will certainly take a lot to convince me other wise. Continue Reading
Mark Zuckerberg - CEO Facebook
Facebook prepares to become a listed company
Facebook released some important details regarding them being a publicly listed company this week (Thursday).
They announced on Thursday that their Initial Public Offering (IPO) would be priced somewhere between US$28 to US$35 per share, and they are attempting to sell 337.4 million shares, which at the higher end of the price range, would allow them to raise US$11.8 billion. Continue Reading
Irie Social Daily Deals Site
Initial reactions to the launch of Jamaica’s First Daily Deals Site
IrieSocial Team
Meet the team behind IrieSocial, one of Jamaica’s newest startups. IrieSocial is a Daily Deals online site. It was launched in May 2012. Continue Reading
As the cost of communicating is one of the biggest expenditures for any individual or business, we are very happy to hear of any proposed changes that will help to make it lower. Additionally, if it will help to increase competition, even more so.
The Gleaner reports;
Government is pushing to have amendments to the Telecommunications Act established into law by weekend, enabling the Office of Utilities Regulation (OUR) to set interim wholesale and retail telecommunications rates. Continue Reading
Free Range Chickens - Chicken, Tender Chicken!
The 2nd Largest Fast Food in the United States Chain Pledges More Humane Food Standards
Animal rights groups are reportedly happy with Burger King’s announcement that by 2017 all of its eggs and pork will come from cage-free chickens and pigs. Burger King which is the second largest fast food chain in the United States, pledges to provide food of higher standards in 5 years. NPR reports that they are the first fast food chain to put a firm deadline on such a promise. Continue Reading
Photo by SaZeOd
25 Schools Compete to Capture One Iconic Image Continue Reading
In a follow-up to our previous post about Cable & Wireless Worldwide, being up for sale, there are now further developments in that regard. Remember that this does not affect LIME.
The Telegraph is reporting that “Cable & Wireless Worldwide is expected to recommend to shareholders a £1bn takeover bid from telecoms giant Vodafone on Monday.” They also report that Vodafone is reportedly planning to break up CW&W, which owns the biggest fibre network in the UK and more than 425,000km of undersea cables connecting around 150 countries. Continue Reading
Haiti is on the verge of receiving well-deserved, well-needed gifts. Heineken, the world’s third largest brewery is on the verge of making significant investments in the Caribbean territory.
The Globe and Mail reports;
Heineken NV, the world’s third biggest brewery, is hatching plans to build hospitals and schools in crisis-torn Haiti.
The move demonstrates the growing role of the private sector, particularly the consumer goods industry, in taking on public sector roles in poorer countries. Continue Reading
by swanksalot
Swimming freely wherever there is a beach is a right Barbadians treasure. It is a right they have maintained through all there development and which it appears they are not at all willing to give up even if it means losing 500 jobs.
As quickly as Sandals boss Butch Stewart expressed his serious interest in acquiring the 30 Acre Almond Beach Village Hotel in St Peter, Barbados, Barbadians begun to raise their concerns about “Stewart’s inevitable intention to privatize their beaches.” Stewart has maintained that he has absolutely no plans of the sort. Continue Reading
by IvanWalsh.com
According to Milton Haughton, Executive director of the Caribbean Regional Fisheries Mechanism (CRFM) “Aquaculture in the Caribbean region contributes to one to two per cent of the total fish production, whereas in Asia and some other countries it’s 50 per cent.”
Aquaculture refers largely to the business of fish farming and if what Haughton reports is true, it may be the best way to tackle the severe problem of declining fish populations affecting many Caribbean fishermen. Continue Reading
by stupidpony
In case you didn’t know, Usain Bolt is a money magnet right now. The name, the shoes, the top endorsements and the upcoming movie career. Usain is Bolt is on fire and by the looks of things (especially if he breaks yet another record) he will continue to be.
Why? A new report published by a Cambridge University mathematician and publicized on major networks like the Discovery Channel, MSNBC.com may give us quick insight into why Bolt is so intriguing, even to not athletics fans. Continue Reading
2012 is the year of the Olympics in London and needless to say, it is the year of Usain Bolt. What you may not realize however is that what is good for Usain is usually pretty great for his sponsors!
Setting up shop for the expected Bolt craze to come this summer, Puma has released another line of Bolt-branded sneakers. They have been receiving great reviews for their ease of wear, how “fresh” they look and oh yea, how “light” they are. Makes sense, they are called the Bolt Lite. Continue Reading
by EricGjerde
Are you ready for this? According to the Algemeiner “over $1 billion in revenue per year” is “generated from the Bob Marley name.” That is 1 thousand million United States dollars or as much as $85-90 billion Jamaican depending on the daily exchange rate.
If you’re not too impressed with the figure as yet, just consider that Jamaica’s national budget for 2012 is going to be just over $500 billion when it is finally settled. Continue Reading
It would probably be the roots play version of Titanic. You get the idea that they are trying to display something like Titanic – something grand and unforgettable, but instead of Leonardo Dicaprio and Kate Winslett in breathless love on a stately ship, you have Shebada and Delcita with corny chatter on grubby boat. Continue Reading
LIME, Use this for REALLY Big Mistakes
Sometimes a LOT of us act as if we’re perfect. Come on! Raise your hand if you have NEVER made a mistake! Hold them up, I’m counting. Hands down. The grand total is… ZERO. That’s the number of us who are perfect. Continue Reading
We will be embarking on a series of posts related to personal finance, managing ones money, investing, investing options, risk, and many other related topics. However while searching around I came across this interesting little video which I figured would provide a little background about investing in stocks. Continue Reading
Apple's 10 Year Stock Market Performance
There are a lot of things we know and love about Apple. We know that they are the makers of our beloved iPads, iPods, iPhones, iMacs and eveything i like and want. However when it comes to their financial performance and how well the business has done, we may not all be fully informed. Don’t despair. Continue Reading
Cable & Wireless Worldwide (C&W) is now at risk of being bought. LIME is not a part of C&W Worldwide, read on.
Gordon ‘Butch’ Stewart has been featured in the Financial Times.
We all love and respect Gordon ‘Butch’ Stewart – one of Jamaica’s leading businessmen. He has created a raft of businesses and has invested in a plethora of companies and industries, creating many jobs and contributing significantly to the economy. Continue Reading
MoneyMax101 is Focused on... Providing Relevant, Reliable, and Rightly Timed Resources for the Caribbean Investor. Are you a Money Maximizer?
Have tips / thoughts? Email Us. tips@moneymax101.com Follow @MoneyMax101
Pop Quiz IrieSocial, How Long Should a DAILY DEAL Last?
IrieSocial, Meet The Team
Are Fish Farms the Way Out for Caribbean Fishermen?
Why Usain Bolt Is Making So Much Money!
Check Out the Spanking New Usain Bolt PUMA Sneakers
How Much Money Does “Bob Marley” Make Each Year?
3 Lessons From the Rise of Apple’s Shares to the Top of the US Stock Market
“Fight the Power!” Major Anti-JPS Movement in Progress
IrieSocial, Jamaica’s First Daily Deals Site Launches! Big Win or Epic Fail?
SPECIAL: U.S. Embassy Launches School Competition to Capture Jamaica’s 50 Years In Just One Photograph
Heineken to Build Hospitals, Schools in Haiti
Butch & Beach: Barbadians’ Biggest Concern With Butch Stewart
Why Usain Bolt Is Making So Much Money!
Check Out the Spanking New Usain Bolt PUMA Sneakers
If LIME Jamaica Was A Movie
LIME We FULLY Understand… The ‘Ah Yah So Nice’ Situation
