If you could offer one piece of advice for a young entrepreneur entering your industry, what would it be?
Operations Director, Tayanna Mozambique
“You never stop learning. The mining industry is smaller than you initially think so never burn a bridge. Buying equipment is the easy side of things, but finding good people is much harder. Civil contracting is a people industry – your team is key to running a good operation.”
CEO, Wellness Warehouse “In the health and wellness industry, people shouldn’t underestimate the fact that customers are often very well informed. People do their research, and they’re not prepared to compromise. So, if you’re going to launch a product, you need a very compelling offering. People are looking for products that have clear health benefits, so ethicacy has to be evident. Equally, the point about being mindful of a product’s standing in relation to both personal health and care for the planet is similarly crucial. If you can address both those desires, recognising that customers are well informed, then you can do well in this industry.”
Sales and Marketing Manager, Elmacast Engineering
“Don’t do it! No, all jokes aside, casting is a very difficult market to break into as a new supplier. The reason being is that each customer has very specific needs in terms of their requirements and if they have a supplier that can meet this already, they rarely ever move away from them. There are genuinely multiple things that can go wrong in a foundry and power supply is but only one of them. Successful foundries have built up years of fault finding and mitigation techniques that cannot be taught in any books or courses, as each type of casting will have unique challenges to overcome. Experience is the key factor here.”
Joint CEO, Berman Brothers Group
“Develop your network, nurture your relationships and never let down a customer or a client who’s been referred to you.
Our strength is our intimate understanding of our community, where we grew up, and the strong partnerships that have helped us to deliver signature luxury developments which have helped rejuvenate the suburb and contributed to the growth in property values.”