What a pleasure this is.
Let me get right into it but before we do I would like to say just as with all my speaking (in this case tweeting) engagements, I always make mention that if you want to know what is truly awesome about me in detail-google me!
Who is she?
Some of you who might have missed the earlier introduction are asking.
My name is @LindaKSibs!
HANDEI!!
Do you think Dangote is passionate about cement?
I don't think so to be honest.
I realised this very early on in life that I am passionate about making my own money and the freedom it gives.
Growing up I remember doing extra chores so I could get more pocket money if I needed to buy myself something that my parents necessarily couldn’t afford at that time.
I did everything extra for money that was outside the pocket money they would give me.
During my teen years my mother moved to England and all I saw was opportunity for £££ from the first time I visited her.
This was all in a bid to make that extra money.
That financial empowerment I did not know the words too but knew it felt good.
I would say that those were the formative stages of my entrepreneurial journey.
I didn’t do articles to become a CA.
I did articles so that I could establish businesses that would eventually employ CAs.
I was a low-key dealer of sorts.
Dollarisation indeed saved Zimbabwe and ME in particular.
There was no KeDezembe that year for me.
I made my first batch of 20 t-shirts.
When I started AMAZIMZIM I had these very big dreams of expanding into all and every other clothing lines as soon as possible.
Enter my first harshest clothing industry lesson and just like your first heartbreak you never forget this one.
With each new line in the clothing industry it's as almost as if you are launching a micro division that needs it’s own resources just as much as the main product line.
I had to painfully shelve the winter Muchando Collection.
A key lesson here is that scaling prematurely can have adverse effects on your business.
A very painful setback.
Hardly ever are people interested in an idea.
Use whatever you have even if it means you don't start well but you are determined to improve you will most likely be listened to by those that can help you on your journey.
Many times I was pushed and asked why don’t I add this or that product,I would simply say it was not time and cite that I had actually attempted to scale and I failed.
In order to at least maintain some relative sanity in whatever industry you are in, try and make friends with those that would be said to be your competitors.
Tinashe from Harare Tees (may he continue to rest in peace) used to assist when I had large orders or I didn’t have a particular t-shirt colour.
Taf e Taylor (Kidd Hunta) made a lot of t-shirts for me as well.
SIGH.
Main reason was due to our cotton industry being virtually dead and Kadoma textiles failing to meet demand.
Sometimes the push back is successful, sometimes in the Zimbabwean case it is not.
I shut doors, my capital in my pocket and back to the drawing board I went.
Another failure.
I will share a bit about the importance of mental health as an entrepreneur at the end of my time here as your curator.
I encourage you to learn to recognise circumstances beyond your control in Zimbabwe very, very quickly and adapt your business accordingly if possible.
I didn’t.
Because they kept the brand relevant and visible when I was re-working my business model during my hiatus. So much such that not many ever noticed my hiatus.
AMAZIMZIM is now a brand company that outsources production and I have way less headaches.
I have learnt to work smarter not harder in this particular business.
You actually do not need to control production in some of these industries.
My main duties now are quality control and marketing.
After 9 years - "progress"
I do plan on introducing additional product lines as and when it makes financial sense.
Heck it might include failures like mine but even when enduring failure learn to take pauses not quit.
I believe I have exhausted AMAZIMZIM to the best of my twitter summarisation.
Why I say this is the most wild part of my journey is because maputi is the business that made me gain enough confidence to finally leave the firm.
If this is your industry know that very well, vendors have the ability to either fast track your growth or derail it completely.
As we progressed we got packers, I left the audit firm.
Zimbabweans LOVE maputi!
This is one industry that has not even begun to have enough players.
So jump in if you have the resources to. I am available at a fee of course to walk you through this industry.
Maputi is a volumes games. The profits are marginal however the cashflows are so good.
Maputi is a cash product.
Maputi introduced me to the inner most and deeper parts of Harare.
It gave me exposure.
That spanned from Domboshawa to Hopley and in between it included your local neighbourhood vendor in Greendale, Borrowdale, Mount Pleasant, Vainona.
I was always guaranteed CASH from my dear vendor community.
Basically a lot of red-tape, that was now proving to give me more headaches than profits.
The maputi price is determined by vendors and it does not move.
See why I say this community has POWER!
When my financials were now consistently in the red and the maize import ban was not being lifted.
I was not going to bleed out and I closed factory and put my machinery in storage.
As you grow in your entrepreneurial journey you begin to take the punches to the gut and groan for a minute and make going back to the drawing board a habit of yours especially in the Zimbabwean operating environment.
I went back to the drawing board.
PopperZ maputi was on pause.
THERE WAS MY OPPORTUNITY!
I pitched PopperZ maputi to him,part of my machinery is now at his farm and maputi is now being made there and services the areas around the farm.
I no longer manufacture maputi.
I am not involved in the day-to-day activities. However I get a dividend from profits every now and then and I provide expertise from time to time.
No experience on your journey is a waste.
Nothing else I have done has given me so many alone moments of laughter and rich memories unlike the ones the vending community of Harare gave me.
TINOTOCHIMHANYA!
So some of business timelines overlap but I am hoping you are following through well. I will definitely respond to all questions after I am done.
How many people in your life can explain in intimate detail the costing model of pine and gum plantations in the Eastern Highlands or coal at Hwange Colliery?
The MentorshipZim team will have to re-invite me for a "politicians week" if they ever decide to have one. So I will not upack that journey here.
I simply didn’t have the time as campaigning demanded all of me.
My Trinity clients wanted my attention back.
I was conflicted as any politician will tell you after campaigning you come out a little different.
So Trinity became a dream on pause.
Another failure right?
Nagging you and asking is it time yet for my return?
What are you thinking of doing with me?
Have you forgotten that I’m still here?
A lot goes on in our heads as entrepreneurs.
I honestly know better though in all my years and personal experience in business, banks in Zimbabwe have never been truly supportive of startup and SMEs.
I have largely self-funded my ventures including crazily wiping out all my personal savings to fund my campaign which is a story for another day.
I still have Trinity and I began restructuring and reworking my business model.
Trinity Business Advisory is geared to grow into an investment company that caters strictly to startups and small businesses and offers the much needed patient money.
Those entrepreneurs that don’t qualify for VC money or in our Zimbabwean case basic SME bank loans.
One of Trinity’s first objectives is to offer funding to startups and micro-enterprises.
A privately and individually funded Revolving Fund whose terms and conditions I crafted based on my knowledge as a fellow entrepreneur who intimately understands the needs of entrepreneurs in Zimbabwe.
The ever constant shifting tiles in Zimbabwe and suffocating business operating environment.
I went with the latter.
For those that first purchased @thabanisocks and t-shirts they picked them from Avondale from my hairdresser's salon.
My hairdresser accommodated and served my pick up clients at no cost up until I had my own space.
We went space hunting, found the perfect space but alas we couldn’t afford it.
What we knew was we needed space and from this mutual need of ours we realised that it’s an actual need for most startups and small-medium business.
I now have time to get back to my BUSINESS.
We re-look our plan, craft a sustainable business model and we successfully pitch for space and other resources.
I have never been one to shy away from doing the literal heavy lifting that my businesses require of me at any even given moment.
I don't do my nails not cause I do not want to but because I am a very hands on person.
Don't get me wrong I do treat myself as and when.
Handisi kushandira ngozi ka!
Dream Hub is an entrepreneurial hub for vibrant SMES and start-ups. DreamHub provides co-retail space that nurtures and releases scalable entrepreneurs and their businesses.
We nurture a community of entrepreneurs who share space to collaborate.
We also offer DreamHub #ArcOfTruth sessions.
Sometimes all an entrepreneur needs is someone to listen to them, someone to dream wildly and boldly with them.
We are simply a hub that is not divorced from the market they serve.
We help them successfully scale their business and guide them to outgrow our space.
We want to see small businesses thrive out of our space to create room for others.
These sessions will feature various entrepreneurs who will be sharing the real impact of COVID-19 on their business in such an environment like Zimbabwe.
We do not profess as a team to know it all as none between Robin and I has survived a pandemic before.
We are not going to be charlatans and abuse people with "5 step programs to adapting"
I have also been so averse to building a social media business and depicting lies to customers
I call them mabusiness emumhepo.
I have PopperZ maputi that business was never on social media but it thrived.
It is very easy to build a business on social media anyone can actually do that given enough time.
You can't take those to the bank, you can't approach funders nor investors talking about your social media likes vs actual product sales.
Remember that!
Oooops!
I do not do that anymore unless I really like you and your business but that normally involves me trading my knowledge for shares in your business.
I learnt to monetise my experience and every single hour of mine has to be billable.
Whatever has value to me I will take as payment for consultancy work done.
These two business have a symbiotic relationship and they often intersect.
As the consultancy work I do for some entrepreneurs is done under Trinity and as well as that Trinity is funding the DreamHub Revolving Fund.
This was before they opened in SouthAfrica.
So many-a-times when I am connecting at O.R I have asked friends to come through with Krispy Kreme and hugs of course..LOL!
This was my first actual partnership.
So I had never experienced what being in a partnership actually entails up until Dhonanzi.
The day I left Dhonanzi we had actually delivered about 300 or so donuts to Ernst and Young for an event.
Yes.
I left a thriving passion business.
That is all I will say publicly concerning Dhonanzi.
For the respect I had for my former business partner and friendship bond we once shared I will not dishonour him nor the friendship by sharing exactly as to why I left Dhonanzi on April 20, 2019.
SAD.
vulnerable Binga fishing community and as well as ensuring sustainable fishing practices are observed so as to not harm the environment.
I know it had to do with someone recommending me.
In 2017, I had managed to secure funding for the first phase of this project and guess what happened?
BOND NOTES.
The investor immediately backed out of from this.
I was days away from ink being on paper in securing the investment.
SHATTERED.
Doors shut consistently in my face and as per Zimbabwean bad business manners, corporates must waste your time a little bit very well knowing they are not going to fund you.
A NO in my life does not scare me at all now. A NO in my life means not yet.
I am tenacious to a fault sometimes.
I am sure many entrepreneurs can relate.
Why it matters to me.
Is because of the Binga community that I surprisingly fell in love with.
I even show them the house overlooking the lake that if they put in the money I will be moving into.
Their society places more respect on women.
See why moving to Binga is not really an issue for me?
When investment has been secured,the factory done and processing of tilapia begins maybe I'll be back here with a postcard from Binga.
I hope you were inspired and somewhat encouraged.
I apologise to those that were expecting a thread full of glory and achievements I encourage you again to google me for those.
My business dreams are consolidating bit by bit, step by step, and I proudly say FAILURE AFTER FAILURE into the business empire I have dreamed of.
I absolutely wear my “Failed entrepreneur" badge with honour.
We fail forward in these parts.
HATICHEUKE!
Surround yourself with people that are truly for you.
People when you sometimes lose sight of the vision, when you even begin to doubt yourself they will remind you of the greatness in you,
"I can do bad by myself"
Ndezve mufirimu izvo.
I am okay till I am just not okay and then I just shut down.
I fell into depression at 16, it was professionally diagnosed at 23 and I'm 33 now.
I am surviving with the support of professionals and family.
I would like you to know you are not alone.
I encourage you find at least one other business friend. We call them business penguins where I come from.
Whom you can really talk to.
Some aspects of the entrepreneurial journey no matter how schooled you are, you can never be prepared for especially considering that this is Zimbabwe.
Even when you look back at certain situations you will still fail to find the lesson in them.
That is why I say, “Entrepreneurship is not taught, it is experienced”.
Take these two things with you;
1). Ring-fence your capital always. A pause in business is not the end. You can START AGAIN!
2). Ring-fence your mental health. Know your triggers and manage them accordingly.
Ndapedza.
Send Ecocash.