Reflections post-vac

Over the past two months we have been on a break from academics, which gave us the amazing opportunity to just focus on our business. Here are my reflections on my individual, group and business learnings.

INDIVIDUAL LEARNINGS

Over the past few months my most significant learning has been the realization of how determined and committed I am to become a successful entrepreneur and establish a sustainable Genesis business. After exams ended, all but one of my fellow group members left Cape Town or decided they were not going to work and communicate with their fellow shareholders. I dedicated my holiday to Azura and worked constantly on developing our product and establishing our business. Although I felt let down by the majority of the Azura shareholders, I made a decision to not let this hinder my development as an entrepreneur. Upon commencing university, I realised just how much personal growth I have gone through and how much I have learnt about starting a business as a result of my passion and commitment to our business.

 

GROUP LEARNINGS

During our holidays I felt neglected by and disappointed in most of my group members due to the lack of communication and contribution. A major learning for me with regard to working with a group of people was how to ensure my feelings did not progress to anger that could be taken out on my group members. Despite the fact that their behaviour was not acceptable, I realized that I have to lead by example and motivate them to get back on board. This learning was fuelled working alongside Riana this holiday and realizing how important it is to work with people who share your passion and commitment. The task was significantly less stressful when working effectively as a team.

 

BUSINESS LEARNNGS

In our business endeavours over the past few months I have learnt many lessons with regard to business. The most significant of which is the first thing that we were told when we joined the Genesis programme, the importance of networking. While working on product development and setting up the production department in a field in which I have no expertise whatsoever, my most important tool was my ability to network. Whether it be in sourcing suppliers or manufacturers, all of our partners have been secured via a referral from a personal contact or from one of the contacts I made in these endeavours. What has been even more significant, is realizing the extent that people are willing to help young entrepreneurs if they can relate to the passion that drives you. This has been such a motivating experience and fuelled my passion as an entrepreneur even further.

Until next time,

B