Dreaming of starting your own business? Here’s what to know before studying entrepreneurship

Three alumni share their must-know tips for budding entrepreneurs who are considering studying the Bachelor of Business (Entrepreneurship).

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If you’re a creative thinker and you dream of launching your own business one day, then you’ll thrive in the Bachelor of Business (Entrepreneurship) at RMIT.

The three-year degree focuses on giving you the confidence and skills to launch and manage exciting new business ventures. Through the degree, you’ll learn from, meet and network with successful Australian entrepreneurs, picking up their strategies and sharpening your critical business skills. After you graduate, you’ll have the skills to start your own venture in a range of business environments, from corporate to the not-for-profit sector.  

We spoke to three entrepreneurial alumni for their advice about launching into entrepreneurship at RMIT.

EMBA student

Meet our alumni: Hannah, Lyndon and Elijah

Hannah Millar is a creative spirit with a passion for working in areas that promote wellbeing, sustainability and mindfulness.

Lyndon Galea started his not-for-profit organisation, Eat Up Australia, with the mission of providing a free lunch to disadvantaged primary school children who would otherwise go without. Since the first delivery in 2013 in Lyndon’s hometown of Shepparton, Eat Up has delivered over 850,000 lunches and currently supports 550 schools across Victoria, New South Wales and Queensland.  

Elijah Oxenham teamed up with fellow graduate Luke Tengstrom to launch Karma Pillows in December 2017. Their goal was to build a brand that mirrored their passion for life while solving the pain of buying a high-quality pillow.

How would you describe studying entrepreneurship to Year 12s?

Hannah: The first year is basically an introduction to business. It builds a really strong foundation for what you learn in the following years.

You will then get to experience two years of exciting, practical creativity, forward gazing, dreaming big, passionate leadership, and powerful tools to add to your modern management toolkit. You will learn to create value for others and to be whatever you want, really!

Lyndon: RMIT’s entrepreneurial community is great to be a part of. Everyone has bold plans for the future, which results in an environment of high energy and expectation. After graduation, I had the opportunity to dedicate 100% of my time toward growing Eat Up. I’ve never been more connected to a goal as I am with seeing hungry kids fed.

What are some of your top tips for budding entrepreneurs who are considering study at RMIT?

Hannah: I can't emphasise enough the value of side-by-side study and work. Having creative ventures that I worked on while I studied was a great way to apply new skills and experiment with what works and why. If you’re not passionate about the project in class, apply the tool to something you are passionate about outside of class.

Elijah: DO IT! A degree at RMIT continues to pay off long after graduation because all the organisations within RMIT are committed to seeing its students succeed in the world beyond study. 

Luke and I genuinely feel that our experience at RMIT set us up for success in both our business careers and starting Karma. Having access to so much work-integrated learning allowed us to hit the ground running as soon as we graduated, and allowed us to meet many mentors who helped us along the way.

What did you enjoy most about your time at RMIT?

Hannah: I thoroughly enjoyed learning from my lecturers and tutors. There is a real buzz amongst the entrepreneurship students and staff, and you feel as though you are part of something new and exciting.

I specifically enjoyed the practical aspects of the program and the step-by-step application of course content, particularly around Design Thinking. So much of what you learn is valuable and I think the entire program is really empowering.

Lyndon: All the business planning for Eat Up, growth, and structure took place through my entrepreneurship course. One of my intensive tutors, Marcus Powe, has continued to be such an insightful, influential mentor to me.

Elijah: A standout for me about RMIT is the practicality of the courses and the exposure to industry experts and people already running businesses. The guest lectures were where we really started to believe that we could personally start a business and one day come back and do a guest lecture (which we eventually did get to tick off!). 

 

Story: Pallavi Daniel

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