What is the most important attribute an entrepreneur should have?
I think it’s being able to reach out in times when you need help. It’s hard sometimes for some of us to reach out to other people and say the words "we're stuck". If you can do that and reach out for help, you’ll be able to perform some activities more efficiently. It’s also good to know when you are stuck and remove your ego in that situation.
What has been the biggest challenge in your startup journey?
Our biggest challenge is also the world’s biggest challenge right now – COVID-19. We had to make a few changes to the business - from a B2B business model to B2C. We attained our liquor licence and are able to sell our alcohol from our website.
Before this, we were planning to use distributors so that products go straight into bars and restaurants. It made us think actively about where we’re going with the next step because we don’t know what the future holds. During this time when people aren’t going out to the bars or restaurants, it’s challenging for the business but we are doing the best we can.
What keeps you going during these hard times?
It comes back to what you’re passionate about. I believe that we’re both enthusiastic about what we have in front of us. Not only in terms of the alcohol but in terms of the products and the brand itself. That’s what keeps us going. We believe in the products we have, and it is a good fit for a light and healthy Australian alcohol market.
What aspirations do you have for Arc Beverages?
We have the ambition to promote Australian native flavours in a healthy and tasty way. Our mission and goal is to create healthy, tasty and sustainable drinks that allow us to promote Australian Native Flavours and to be represented in the Australian healthy alcohol market. That’s what we want to be.
Want to achieve startup success? The LaunchHUB pre-accelerator program can offer what you need.