I recently started my own business and found this class extremely useful. One of my favourite classes in high school was economics and this class was bringing all the memories back.
Although I saw alot of tired faces in class as many people finding the information irrelevant to them, I believe the knowledge of expenses and profits and handling invoices is essential to a successful business and career. Even if people do not end up being business owners or financial advisers this knowledge can still be useful in your personal finances.
I struggled with the idea of invoices as I believed they were a old fashion way of doing business and they can be unreliable as it involves trusting another party and keeping ties for months. I personally know people who have been cheated by doing invoices and their business has gone under. However, Chris argued that there is no other way to do it and big companies will not deal any other way, I wonder how long this system will continue.
In our ecommerce groups I have continued to use delegation as a tool to involve every member and to equally share the work load. Some people have not been responsive and reliable and the few other team members and myself have picked up the work. I do not have a problem with this because I know this will be reflected in their grade and their long term work ethic will be detrimental to their career. I once heard a quote saying ‘give a busy person more work to do.’ This is because a lazy person with nothing to do are still unlikely to produce in comparison to a busy person who does many jobs and manages their time effectively.
The difference between a manager, entrepreneur and technical; this lecture was extremely helpful for me in finding my fit in this BCE course and in determining the path that I should take in it.
Entrepreneur: The Entrepreneurial personality turns the most trivial condition into an exceptional opportunity. The Entrepreneur is the visionary in us. The dreamer. The energy behing every human activity. The imagina- tion that sparks the fire of the future. The catalyst for change.
Manager: The Managerial personality is pragmatic. Without The Manager there would be no planning, no order, no predictability… Without the manager there could be no business, no society.
Technician: The Technician is the doer… The Techni- cian loves to tinker. There are things to be taken apart and put back together again. Things aren’t supposed to be dreamed about, they’re supposed to be done… The Technician is a resolute individualist.
Through this exercise I have discovered about myself that I am more of a manager or entrepreneur team player than a technichian. Chris said through this class the most of the people if not all in the BCE class are technical people, they are makers. Thats where I have been stumped because I am just not very good at making, I have large elaborate ideas but I can’t make them and increasingly throughout the year I have become frustrated about my technical skills. In reality I believe I am more of a manager and entrepreneur contributor. This explains my larger than life ideas, my organisation skills, positivity, imagination and long term planner characteristics.
This is clearly seen in my work out side of uni where I manage and supervise about 20 volunteers and 1 intern. Leaders above me have always surprised me with the amount of leadership capacity the believe I have.
Further more, in order to work in the creative industries, I could work more in the area of creative direction and project management, however I believe I am getting alot of real life experience in this outside of uni and projects groups that leads me to choose highly techniqual elective classes for 2017 such as graphic design practise in order to be able to practise what I preach and have some substance in leadership.
I have really enjoyed leading the brand team thus far and believe that it come naturally to me and I hope for more opportunities in the future to gain more wisdom and knowledge in this area.
This morning we had the privilege of having Rob the owner and founder of Mr Vintage talk to us and share his story.
He had some great advice about gaining confidence and also what he looks for in a employee. He highly recommended internships and being a well rounded personal rather than just someone with a degree.
Moving on to our in class assignment which I am unsure if it is ever going to be actually completed as there is just alot of talk and not much action it seems. I know a website can be built is a weekend but I guess there is too many opinions and workers so I try to keep my mouth shut. We discussed how we would like more communication between the groups to ensure the brand is being maintained.
I loved again discussing the BHAGs and the strategy component of our group. I feel this is the area of my strength and I am good and dreaming, planning, strategising and vision casting.
We created and filled out more of our summer sustainability plan and had a longer group discussion with Chris about long term goals as some people in the group found it hard when we still don’t have a launch date which I can completely understand. This is what Chris said: Strategy is provisional, learn as you go. Brand and strategy needs to be compelling.
In order to encourage communication between the groups we came up with the idea of having brand ambassadors, one member of the brand team will be placed in another team and added to their base camp in order to feed back to us. However our group tends to have many people regularly absent.
Our class started of a bit differently today and I didn’t know what all the commotion was about but we had a special guest lecturer Sir Ray Avery.
Ray Avery is a pharmaceutical scientist, inventor, and social entrepreneur in Mount Eden, Auckland, New Zealand. He has invented something called the life pod which is a baby incubator that can be made cheaply and used easily in 3rd work countries.
Ray talked about how New Zealand punches well above their weight, our rugby team is the best in the world yet the percentage of well abled men who play rugby is minimal to those of our rivals, we have the most rocket scientist per capita in the world and our land and environments encourage us if not urge us to be create, take risks and be adventurous. I found his speech very inspiring and I loved hearing about his invention of the life pod, this invention is well needed.
Picture curtesy of Tayla Clayton
After this presentation we resumed to our in class assignment and completed our draft of our values statement:
Up next will endeavour to always be polite to their customers, all service shall be delivered with a smile. Up Next are professional at all times in both presentation and communication, and will uphold the values of Unitec. Any issues with contributing artists or customers will be managed in a timely and considered manner. Up Next work with their contributing artists in a fair and respectful way.
Up Next maintain integrity in regards to any monetary gain.