Transitioning from Corporate to Entrepreneurship
Today on Suero TV we had Lorato Boakgomo-Ntakhwana back to speak about her transition from corporate to being an entrepreneur.
This is her background again although shared before, just to remind you of who she is.
Presently, Lorato, is Managing Director of Gravitas Investment t/a Sally Dairy and an Independent Non-Executive Chairman at Botswana Telecommunications Corp.
She also serves as Chairperson of LEA and a non-Executive of Metropolitan. In her past career she held the position of Chief Executive Officer & Executive Director at First National Bank of Botswana Ltd. and Deputy Chief Executive Officer at FNB International.
Lorato and I were having a conversation about how and why she decided to be an entrepreneur full time and became the owner of Sally Dairy.
How she prepared for it, how she funded it and the importance of financial planning before you retire.
She shared her journey on how she had to start from the bottom to rebrand the business and how get to product to sell its self.
We spoke about why it’s so hard to do business in Botswana and what we need to do as Batswana to make our country and easier place to trade.
Branding was also a part of the conversation and why it’s actually cheaper to manufacture in Botswana and what makes costly how we can improve that.
Manufacturing has potential in our country, we need to be selective of what we manufacture though- we spoke on this.
We spoke about the structures that are set up by govt to help entrepreneurs in our country- how these can improve to actually help the entrepreneurs.
We spoke about the importance of having the corporate experience before becoming an entrepreneurship.
Her favorite thing about being about entrepreneurship and the importance of managing cashflow in business.- we touched on this.
A lot to learn from this conversation as an entrepreneur, aspiring entrepreneur, corporate worker thinking about entrepreneurship.
Happy watching and enjoy this refreshing and inspiring.
Link to the whole conversation here https://youtu.be/BPOPRCbYTy8
conversation.