A burning desire to start her own business drove Kidist Amdemariam to study entrepreneurship.
Words of advice from a high school economics teacher have been a guiding light for Kidist.
“My teacher told me that a person who has their own business is always miles ahead of a person who’s making someone else’s dream come true. At the end of the day it’s about you and how successful you envision your future to be,” she said.
“Since then it has always been my goal to have a successful business.”
Before enrolling in the Bachelor of Business (Entrepreneurship), Kidist studied the Associate Degree in Business. At the time she was undecided about where her career path lay, so the associate degree gave her more time to narrow down her interests.
Kidist also took part in RMIT’s Fastrack Innovation Program – a 13-week initiative involving students across a variety of disciplines. Students work with and learn from industry experts to innovate and design solutions to real world problems.
This industry experience was complemented by Work Integrated Learning projects, which led to a six-month work placement at IT firm iQtec Consulting. It also instilled a passion for data science, which Kidist hopes to pursue in the future.
She credits the Student Learning Advisor Mentors (SLAMs) for helping her through her study, particularly in the first year of her degree. Later in her studies, Kidist herself became a mentor with SLAMs to help support other students.
After graduating, Kidist launched a wedding and speciality cake business called Milifoni. The business supplied wholesale products to cafes and restaurants, as well as providing grand creations for those tying the knot.
Kidist closed the business early last year to explore a more sophisticated service and to investigate new opportunities, including the possibility of a cupcake vending machine business.
Like any ambitious entrepreneur Kidist knows the value of working hard to make dreams come true. She recommends the Bachelor of Business (Entrepreneurship) to other young budding entrepreneurs.
“There is no better program to undertake than entrepreneurship if you want to start up a business,” she said.
“You will be able to hone and sharpen your skills in business planning, finance, law and marketing, all of which are fundamental to running a business.
“The RMIT program also embeds in you an inescapable desire to continuously innovate. It helps you to build an entrepreneurial mindset. Ninety per cent of businesses fail, but if you can learn to fail forward and improve on your mistakes, you can be the 10 per cent tomorrow.”