Two RMIT graduates have shared their business success stories at a recent "Launch into Entrepreneurship" event.
More than 50 students and industry partners attended the event as part of RMIT’s annual Entrepreneurship Week.
Campbell King and Georgia Beattie, who completed the Bachelor of Business (Entrepreneurship), spoke about their careers to date and provided advice and tips for other budding entrepreneurs.
Participants were inspired by both speakers who demonstrated tenacity and entrepreneurial creativity in sustaining marketable products and services.
Mr King reflected on his experience of winning the RMIT Business Plan Competition in 2006, which gave him a head-start to grow his beer keg delivery business, Kegs on Legs.
“Getting a structured education and taking advantage of the opportunities provided by formal institutions is priceless,” he said.
“The people that you meet and the networks that you build will no doubt assist in your future career.”
Along with his business partner, Mr King grew Kegs on Legs to a $250,000 turnover before selling it in 2009.
He went on to complete the Master of Professional Accounting and is now a partner at mi-fi, which aims to make accounting more accessible for small businesses.
While insisting that it was important to make mistakes and learn from them, Mr King said if he had his time again he would try not to worry so much.
“If you can, try to push those worries out of your mind and go with your passion and gut instinct,” he said.
Ms Beattie, who is the CEO of Lupè Wines and Single Serve Packaging and another alumnus of the RMIT Business Plan Competition, spoke about the challenges of building the business and expanding into different markets.
“It has been really interesting looking at what this product means to different markets both locally and overseas,” she said.
“For instance, in Asia, where consumers are fairly new to drinking wine, our single serve products allow them to enjoy a glass without having to buy a whole bottle.”
Ms Beattie said one of the best pieces of advice she could offer other entrepreneurs was to make the most of your networks, seek advice and have strong mentors.
“Work out what you want and how to get it then get out there and do it,” she said.
She also emphasised the importance of looking after yourself and not burning the candle at both ends.
“You are your greatest asset so you need to learn how to prioritise and realise what is important.”
The event was organised by the College of Business Industry Engagement and Work Integrated Learning Group, in collaboration with Career Development and Employment.
It was opened by Professor Aaron Smith, Deputy Pro Vice-Chancellor, Industry Engagement, and hosted by Dr Marcus Powe, RMIT Entrepreneur in Residence.