BAYOCLE INVESTMENT CC
RUNNING A BUSINESS AS A YOUNG
ENTREPRENEUR
BayoCle Investment cc is a business owned by Clence
Kavetuna and Mbayoroka Tjizepa. The business was officially registered in 2006 and has been growing daily ever since. We managed to speak with the duo, who gave us valuable insight, which we now present to you.
HOW WAS THE BUSINESS
1 ESTABLISHED?
Our fathers planted the first seeds of business desire in us, but what really motivates us is bringing positive change through good business initiatives. And being our own bosses.
2 WHAT DOES YOUR BUSINESS
ENTAIL?
Our business started with small tuck shops in Windhoek and surrounding areas like Groot Aub and Rehoboth. Those tuck shops have since evolved into reliable and consistent retail shops. Our retail and bar businesses run all the way to Okakarara and up to a small village known as Okangoho. Our collective business practices include import and export services, company registrations, farming, construction, event planning, cleaning services, smart cash loans and capacity building through our various in-house consultancies.
the keys to our own business means the world to us. This is exactly where we wanted to be! We provide our community with a high standard of service and products on a consistent and reliable basis. So for the community to have such reliable sources of their daily needs is a big plus.
HOW DO YOU PLOUGH BACK IN THE
4 COMMUNITY AND THE SOCIETY?
BayoCle have a good track record of giving back to the community. The latest was the sponsorship we gave to
NBC Otjiherero Radio to be able to broadcast the FIFA
World Cup live to those people who do not own a TV, especially those in the villages. Other sponsorships include netball and soccer tournaments on a yearly basis. Upcoming artists, DJs and presenters – BayoCle is always willing to invest/sponsor a worthy cause.
HOW MANY YOUTH HAVE YOU
5 TAKEN OUT OF THE STREET BY
EMPLOYING THEM?
We currently employ 14 people from all walks of life. BayoCle has employees ranging from grade 10 dropouts to university graduates, as per the task or job requirement.
6 WHAT IS YOUR MOTTO FOR
SUCCESS?
Our motto speaks for itself, “You think. We act.”
people, and different needs. But our main objective at the moment is to bring our business activities up to a certain standard of operation, and then we can really expand.
WHEN YOU STARTED IT, DID YOU
8 GET A LOAN FROM A BANK, FAMILY
OR FRIEND?
BayoCle was started through our own savings from our previous full-time jobs. Every month we would save up a certain to be invested in the business.
9 DID YOU GET ANY BUSINESS
MANAGEMENT TRAINING OR WAS IT
A MATTER OF TRIAL AND ERROR?
We studied marketing through Polytechnic of Namibia, which gave us a huge boost in terms of putting our goods and services strategically in the consumer’s mouth. And also other various short courses offered by NCCI, as we are also members of that business body.
WHAT SORT OF CHALLENGES DID 10 YOU ENCOUNTER?
Our main challenge came from keeping full-time jobs and managing an upcoming business, especially those out of town. We also had a challenge of getting the right employees on board who have the required capacity, are reliable, and can keep up with the sort of standards we expect.
3 WHAT HAS THE BUSINESS MEANT
FOR YOU AND TO THE PUBLIC AS A
7
ANY FUTURE PLANS/ EXPANSION?
11 HOW DID YOU OVERCOME THOSE
WHOLE?
This business has granted us the opportunity to turn our business knowledge into a practical reality. Waking up in the morning knowing that we hold
Our future plans are simple and clear. We aim to improve/expand our current business activities. We believe in growth and keeping up with current business trends. Our growth plans are in line with market demand and opportunities that arise as we meet new
CHALLENGES?
As our business started growing, our full-time input was required. We resigned from our jobs this year and implemented a system that controls and manages our business activities. We, the two Directors, are thedrivers of that system. A decision we have not come to regret.
WAS THERE EVER A TIME YOU
12 CONSIDERED CLOSING THE
BUSINESS?
No.
HOW DO YOU KEEP UP WITH
13 THE RAPID EVOLUTION OF
TECHNOLOGY?
Among our staff is a business information systems graduate from IUM. He keeps us informed and keeps our business up to date with current IT trends. And as for us as Directors, we take every short course we can in the IT world to enable us to evolve with technology, as it is the biggest business driver of our time.
WHAT ADVICE DO YOU HAVE
14 FOR OTHERS WHO ARE RUNNING
BUSINESSES OR WHO ARE THINKING
OF SETTING UP SUCH BUSINESSES?
Everything in life begins with a plan. Draw up a business plan and then every day of your life work on your plan until it turns into a reality. Do not mind starting small – good things come to patient business owners.
AS YOUNG ENTREPRENEURS,
15 WHAT KEEPS YOU TOGETHER IN
PARTNERSHIP?
Trust in a partnership is everything. We trust each other’s abilities and input. It’s not always that the relationship is a smooth one, but when there are differences in opinions, we work them out together.
“The decisions made today determine how t omorrow will be.”
– Unknown
ANY ADVICE TO FELLOW YOUNG
16 ENTREPRENEURS?
Keep believing in what you want to achieve, create or master! Never give up, because the light might just be at the end of the next tunnel.