ludwick marishane

Upload: natasha-nay-avidan

Post on 09-Apr-2018

213 views

Category:

Documents


0 download

TRANSCRIPT

  • 8/8/2019 Ludwick Marishane

    1/4

    1

    AFRIPRENEUROFTHE

    MONTHJuly2010

    My passion is myaddiction to learningand mentoring othersto unleash their truepotential.

    Canyoutellusali-leabout

    yourselfandyour

    background?

    Iseemyselfasavisionary,

    pursuingadegreewhichwillhelp

    meunderstandtheworldof

    business,andAfricawillbethe

    firsttobenefitfrommyskills.

    Iamabigfanoftheworldof

    commerce,andIdonotthink

    thatyouwilleverencounter

    manyteenagerswhoareas

    passionateaboutbusinessasI

    am.Ihavegoodleadership

    capabili=es,andaninnate

    understandingofpeopleand

    businessprocesses.

    IgrewupinruralLimpopo,

    experiencingafairlyhighlevelof

    poverty.WhenIwas8yearsold,I

    movedtoJohannesburgtolive

    withmyfather.Withmydads

    sternguidance,Ilearnedthe

    importanceofaneduca=on,and

    Igraduatedprimaryatthetopofmyclass.IwenttoMaryvale

    Collegeinthe8thgrade,whereI

    wasnotonlythetopofmyclass,

    butIwasalsoawardedasthe

    GautengProvincialWinnerfor

    the2004Maths,Science&

    TechnologyOlympiad.

    Personalfamilyproblems

    resultedinmehavingtomove

    backtoLimpopotofinishofftherestofmyhighschoolcareer.

    MyhometowninLimpopo,

    Motetema,isnothingmorethana

    socialillonitsinhabitants.Itis

    extremelyrural,andthe

    atmospherethereisonethat

    systema=callypreventsitsresidents

    fromescapingpovertysgrip.Being

    aroundsomuchdespairseemsonly

    tohaveamplifiedmyambi=onsto

    preventmyselfandothersfrom

    beingstuckinsuchatoxicmindset.

    Isubsequentlydevelopedan

    entrepreneurialmindsetanda

    consumingpassionforbusiness.

    In2009,Ireceivedfinancialsupport

    formyDryBathventure(the

    world's1stbath-subs=tu=nglo=on;

    justapplyitandyoudonotneedto

    bath).Ialsobecametheyoungest

    andonly1st-yearstudenttoeverbe

    invitedtobeadelegateatthe

    BrightestYoungMindsSummit,an

    annualeventwhichisreservedfora100ofSouthAfricasbrightest

    postgraduatesfromalloverthe

    country.

    Ihavebeenconsideredfora

    HarvardScholarship,anopportunity

    IdecidedtoletpassbecauseI

    believethattheresmoretolearn

    fromdevelopingeconomieslike

    SouthAfrica.IamcurrentlyProject

    managerforUCT-BMF,andIama

    designatedpeer-mentorinmy

    universityresidence.Mycompanyis

    oneofthe2009finalistsforthe

    Innova=onFund'sNa=onal

    Innova=onCompe==on.Ioenrun

    workshopsforcoursesI'mvery

    strongin;thisinvolvesmetutoring

    mypeers.

    Mypassionismyaddic9onto

    learningandmentoringothersto

    unleashtheirtruepoten9al.

    Ludwick Marishane

    Founder & Chief

    Strategist

    Headboy Industries

    Afripreneur of the Month: July 2010

    HEADBOY INDUSTRIES

  • 8/8/2019 Ludwick Marishane

    2/4

    2

    WhatisthestartupstorybehindHeadboyIndustries?

    Whendiditstart?

    Whileingrade11,Iinventedtheworlds1stbath-

    subs=tu=nglo=on,DryBath.Theaimwastodevelopasolu=ontosolvetheglobalhygieneproblemthatalmost

    3billionpoorpeoplearefacing.Thesepeopleliveon

    aboutUS$2perdayandtheyhaveverylileorno

    accesstopotablewater.Thislowlevelofhygiene

    amplifiesthemedicalproblemsthatthesepeopleface,

    includingTrachoma.DryBathisaneffec=vebody

    sani=zerthatallowstheusertojustapplyittotheirskin

    andoffersthemthehygienicprotec=ontheywould

    expectfromabath.TheplanistosellDryBathto

    chari=esatextremelylowprices,andthosechari=eswillsubsequentlyprovideittothedes=tuteindividualsfor

    free.Governmentandcorporatesubsidies/dona=ons

    willalsobeprocured.

    IstartedHeadboyIndustriesin2008,whileingrade12.I

    envisioneditasthefirstcompanyintheSouthAfrica

    whichcouldhavethesoleopera=onofdevelopingideas

    andcommercializingthemonthemarket.

    Imetmybusinesspartner,MrKeoikantseMarungwana,

    inmy1styearatuniversity,andweregisteredthecompanyinJuly2009.Thecompanyhasmul=ple

    interestsandourgoalistodevelopintoatrulyAfrican

    consumergoodsconglomerate.

    Youhavestartedyourfirstbusinessquiteyoung.What

    werethefactorsthatpushedyoutostartabusiness

    insteadofato5job?

    Myfatherhasalwaysimplementedasenseof

    entrepreneurshipinmefromaveryyoungage.Ilearned

    veryearlythatearningaprofitisbeerthanearninga

    salary.IalwaystellmepeersthatIamextremelylazy,so

    Ihavetoworkextremelyhardatthisyoungageinorder

    toaffordtobelazywhenIamolder.Itrytofindbalance

    inallthethingsIaminvolvedin.Allthecrea=veideasI

    hadroaminginmyheadwereirrita=ngme,soIfinally

    decidedthatImightaswellgivethemmybestshotto

    seeiftheywouldbesuccessful.Ilovelearning,soas

    longasIamlearning;itdoesnotmaerwhetherIamin

    a9to5orself-employed.Myuniversityacademicsare

    aboveaverageandIhaveanimpressiveresumethatcanearnmeatopjobifmybusinessendeavorsarea

    completefailure.

    DryBath -

    AFRIPRENEUROFTHE

    MONTHJuly2010

  • 8/8/2019 Ludwick Marishane

    3/4

    3

    In my view, a person

    only truly fails when

    they give up completelyon themselves

    BeforeDryBath,Iinventedahealthiercigaree

    (composedofthecamelliasinensisplant);Ithen

    proposedittothe3largestcigareemanufacturers.Theyallturneditdownandsaidthatitwasagainst

    companypolicyforthemtoacceptexternally-developed

    inven=ons.Ihavesinceplacedthisideaonholdun=lI

    canaffordthehighcapitalneededfor

    commercialisa=on.Theaimoftheinven=onisto

    provideanon-addic=vewayinwhichpeoplecankill

    themselves(Imveryfrank),althoughaninven=on

    whichhaltedsmokingwouldbemoreeffec=ve(Im

    workingonit).

    Beforethehealthycigaree;my=mewasspent

    aemp=ngtopublishasecurity-themedmagazineandamobiledic=onarywhichIauthored.Ihavelearned

    extremelyimportantlessonsfromeachofmy

    endeavours.Theywereallfinancedbymeandhave

    painfullyconsumedallofmyincome.

    IamalsocurrentlyworkingonaproductIcallEarNews.

    Thisisanewsservicethatseekstoeliminatethehuge=me,paper,electricity,ink,andfuelwastagecausedby

    thenewspaperindustry.Iamaddictedtonewsand

    currentaffairs,butIfeelthatitcanbefedtousmore

    efficiently.EarNewsisaservicethatworkslikethis-

    ConsumerswithphonesthatcanplayMP3musictracks

    willbeabletopurchasepre-recordedbundlesofnews

    atvariousshops(senttotheirphonesviaBluetooth),

    theycanthenlistentothenewsatany=meontheir

    cellphones.Thiswillmakeitmoreefficientformore

    peopletoabsorbmorenews.IamatastagewhereIam

    designingtheInforma=onSystemthatwillbeinvolved

    inactualisingthisservice.VenturecapitalistswhomIapproachedtofundmyDryBathprojectexpressed

    moreinterestinthisproject.

    I am very frank

    AFRIPRENEUROFTHE

    MONTHMay2010

    Whydontyougiveali-lebitofbackgroundaboutyourentrepreneurialhistory?

  • 8/8/2019 Ludwick Marishane

    4/4

    4

    Whatsyourdefini9onofsuccess,anddoyou

    believeyouveachievedityet?

    Forme,successliesinonesabilitytolearnand

    pursuetheirpassions;itisalsoamplifiedwhen

    onecanhelpotherunlocktheirpoten=al.I

    believeIamsuccessfulbecauseIhavebeen

    equippedwiththetoolsIneedtopursuemy

    goals,andIcontributeagreatdealof=meto

    helpingmypeers.

    Whathavebeensomeofyourfailures,andwhat

    haveyoulearnedfromthem?

    Iamluckytohavestartedmyentrepreneurial

    journeyatsuchayoungage,andIhappento

    considermyfailurestohavebeennothingmore

    thanexpensiveentrepreneuriallessons.Ihave

    hadmanybusinessideasthathavedevouredall

    myallowanceincome,andIhavelearnedallthe

    invaluableentrepreneurialso-skillsthatare

    importantforsuccess.Inmyview,apersononlytrulyfailswhentheygiveupcompletelyon

    themselves.

    Whatmo9vatesyou?

    Thefactthatthereisalwayssomethingtolearnin

    everythingIgetinvolvedin.Ilovelearningand

    helpingthepeoplearoundmetopursuetheir

    passionsandhappiness.WheneverIgetlazyor

    doubul,Iremindmyselfthatthereamillionsof

    peoplewhowouldliterallykilltohavewhatIhave,andIoweittothemtogiveitmybestshot.

    Whatisyourgreatestfear,andhowdoyou

    managefear?

    MybiggestfearisthatonedayIwillcometoa

    conclusionthatitallwasnotworthit,andthat

    onedayIwillgiveuponeverything.Therealityof

    ithappeningisrealbutveryslim,butIliketo

    believethatthebeautyoflifelieswithinthefact

    thatitisunpredictablesoIjustcon=nuedoing

    whatIknowbestandtakingeverydayasit

    comes.

    Whatadvicewouldyougivetootherteenage

    entrepreneurs?

    Ifyous=llabuddingentrepreneur,enjoytheride

    andfocusonlearningasmuchaspossible.With

    moreexperience,youwillrealizethatthe

    entrepreneurialjourneyisnotaneasyone.It

    requiresanenormousamountofeffort,

    dedica=on,andcommitment,butthepoten=al

    rewardsareunlimited.Iwanttoemphasizethat

    beingenentrepreneurgoesbeyondjuststar=ngabusinessitissimplyabouthavingtheabilityto

    iden=fyandcapitalizeonalltypesof

    opportuni=es(thisiswhatiscalledthe

    entrepreneurialmindset).Lessonsthatstand

    outarethatentrepreneursshouldavoiddebtas

    faraspossible,andthatgoodresearchingskills

    canhelponeavoidalotofexpenseson

    employingdifferentskills.

    HowhasAfriversitybenefi-edyourendeavors?

    Afriversityhasprovidedmewithexperienced

    mentorship,anditiscurrentlyworkingon

    securingforeignfundingforHeadboyIndustries,

    whilesimultaneouslynego=a=ngwithSouth

    Africanretailersinordertogetthemtostart

    retailingDryBath.

    Theorganiza=onisverycommiedtotheir

    incubateesandthereare=meswhenIfeellike

    theyareworkingharderthanIamtomake

    DryBathasuccess.

    I love learning and helping the peoplearound me to pursue their passions andhappiness

    AFRIPRENEUROFTHE

    MONTHJuly2010

    To contact Ludwick please email him at:

    [email protected]

    For more information on our other

    Afripreneurs, contact us at:

    [email protected] visit www.afriversity.org

    http://www.afriversity.org/http://www.afriversity.org/mailto:[email protected]://www.afriversity.org/mailto:[email protected]://www.afriversity.org/http://www.afriversity.org/mailto:[email protected]:[email protected]:[email protected]:[email protected]