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Wednesday, 24 August 2016

Learnings!



I must be quite honest, before I enrolled into the course I had very negative perceptions of digital business solutions in South Africa mostly because of the low levels of digital infrastructure, low literacy rates and socioeconomic equalities of South Africa. But after engaging with some of the international students within the course I soon realized it was only matter of time before South Africa became technologically inclusive. For me, my technological entrepreneurial thinking for this market would go as far Uber, Vodacom’s Mpesa, online banking, social media and entertainment.

I now honestly believe that a simple app(application) on someone’s mobile phone can do more than just provide convenience for users but rather create a new world of opportunities for entrepreneurs.  This explained why Naspers, which is a company based in Cape Town, has invested so much in acquiring and developing online platforms that combine new ways of doing business. This exposure amplified my thinking about globalization its possibilities. I’m confident to say that South African entrepreneurs will one day catch onto this wave especially amongst black entrepreneurs once they are done being tender entrepreneurs (public sector entrepreneurs) and conspicuous consumers that display achievements by the flashy products they acquire. Maybe then, they will soon become young driven zippies who are ambitious and creative. I have told myself that ORA Hygiene will definitely participate in a form technological even through we are selling disposable toilet seat covers, I think this is what led my groups decision into developing a website for the company.
The purpose of the website is to completely cut off the middle man in the transaction by allowing consumers to directly buy goods (Disposable toilet seat covers) and to cut out the middle man(Retailer) to essentially reduce costs and increase.


I have learnt that I like to be in control, not with regard to being in charge of every situation, but rather knowing that if a situation works out or not, I am the one that made the decisions.  I need to learn to let go of certain things, and trust that they will be completed by those around me.

As part of a group, I have learn that I am not the only one that needs to be motivated, and that motivating those around me is just as essential.  We all have our own strengths and although we are all capable of doing different tasks, one can never assume that the tasks that are given to others have been completed to a satisfactory level.  One constantly needs to ensure that all the different parts of a group are working together in generate the overall success of the team.


A big factor that I have leant regarding a business is that it is not possible to have everyone trying to make decisions because then no decision is made and the process gets delayed for nothing more than a simple waste of time.  A business needs one leader that is able to then delegate to those in the team.  This allows for a more structured decision making process. 



On a personal level I learned that I have become accustomed to having control over what is going on around me and being able to influence the outcomes. This, however is not a sustainable or realistic way to go about life. During the course of the holidays I realised that I need to let go of certain factors that are not within my reach and that certain things will happen regardless of my efforts. There were a few things that need to be voted on in the group and assumed that the votes would go my way with a bit of influencing but sometimes the way I view things may not be the way they should happen. I’ve realised that some of my habits are not constructive and I’m working on changing them.
As a group we keep forgetting that we have different strengths and contribute in our own ways but constantly and sometimes harshly get reminded that we each have different roles. Through these reminders we learn to take a step back and let others do what they’ve been entrusted with doing. We always get our desired outcome but sometimes it just takes a little bit longer than it should. But every time we play our roles from the beginning we are far more impactful than when we try to deviate from the norm.
As a business we’ve learned through trial and error not to make rash, uncalculated decisions. Although it has worked out for us in the end, at the time it may have not been the correct decision to make. We bought a different type of paper than we had planned to get and that was made in a rushed decision, instead we should have re-evaluated other options and then proceeded. However, it worked out because production was able to start a lot sooner. Things like that will not always work out in business and one must always stay composed while making decisions.


While doing market research I learnt that a good business idea is nothing without background research of why it would work and why it wouldn’t, and also if it will work how do you now execute it. I learnt that doing research on the product is where the real work starts since this is where you have to find out about the little pieces that make your product and bring them together, from, suppliers, consumers, key resources needed, and distribution channels etc. This journey has taught me that with any business venture I might want to embark on in the future, research is where I need to begin
The first thing I learnt here was that collaborative effort is very powerful and it’s by far greater than solo effort in business, I realised this through assessing myself and asking myself if I would have been able to do everything on my own and there was just no ways I would have pulled it off, the initial research and supplier contacting and visits that had to be done were too much. So in order to gather everything we needed we had to delegate and divide the work by assigning each team member with research tasks they had to complete alongside their deadlines, so this meant that everyone had to perform since everyone was to be held accountable for their work and if one person slips up then this would mean that we slow down and a team and a business, and that’s one thing we do not want since we are limited to time. So I learnt that accountability within a group is important and it helps people stay faithful to the roles.

As a business I learnt that it is always crucial to step out of your zone and seek consultation help from other professionals or entrepreneurs who are already in industry, I realised this through our meetings with the directors and Stuart. In these meetings we got some of the best advice we could ever wish for and some of the things that we were told are things that we could have never thought of and slowly we are getting a sense of direction on how to run and market a successful brand. One thing that I learnt as a business is that input from the targeted consumer is important while doing research since this helps you build a product, and brand that is tailored to their specified requirements or needs.

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