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MY GREAT ENTREPRENEURIAL JOURNEY - IIE VEGA ALUMNUS

World of Work • Oct 15, 2019

MORE THAN TEXTBOOK SUCCESS

Lolo Ntshiqa, IIE Vega alumnus and Founder of Curated Fashion, shared her inspirational journey to success with Women on Top magazine.

Here are some of the highlights of her Q&A...

Can you please tell us more about your business?
Curated Fashion is an e-commerce marketplace. What this means is that we have sellers and buyers on our platform. Our main activity on the platform is thrifting, which is the selling and buying of previously owned clothing and accessories. All of our business is handled online, meaning that sellers are able to open shops wherever they might live in South Africa; and buyers are able to purchase products where ever they are based in the country.

When, how and why did you start your business?
I knew I wanted to become an entrepreneur in my 3rd year of University. I got a friend to help me build an online magazine and I used to blog about construction news and updates in the industry. I was convinced I was going into the construction industry because I had seen my father in it as a child, and so the entrepreneurial pursuit began. After about 6 months of great content but no revenue (and no viability), I decided I’d jump on the wave of e-commerce and have a marketplace where building material manufacturers would sell material to contractors. I thought this was it; I finally found my calling [laughs].

So I got a developer to build this marketplace for me, and it took almost a year for me to own it. It wasn’t because the developers took a year to build it – I had no financial income to pay it off. I personally believe that this was a blessing because, within the year, I had a change of heart. I realized I wasn’t really interested in construction after all, and how could I endure the tough times of a business my heart wasn’t invested in?

So after a period of spiritual seeking, the idea of Curated Fashion came to me. It felt right, and most importantly, it was an idea I was willing to fight for. I have loved dressing up, and styling myself, ever since I can remember. Clothes for me are liberating, in the sense that, they continue the conversation of who I am and what I stand for. So it is a treat for me to run a business that I can have fun with and not be so serious!

What is your role in the business?
When you run a start-up business, you don’t get to have a specific role – you do everything! So I can be the graphic designer, the strategist, the social media manager, the sales representative, and the accountant, all in one day.

Where did you study and what did you study?
I completed my primary and secondary schooling at Crawford Lonehill. Thereafter, I went to the University of Cape Town to complete my undergraduate degree, a Bachelor of Social Science in International Relations & Sociology. Upon completion of my first degree, I wanted to get right into entrepreneurship, however, it was my father who insisted that I pursue my honors degree. 

I decided to complete it back home in Johannesburg, at Vega School. Vega turned out to be a huge blessing for me, it exposed me to the world of branding and marketing in a way that a textbook could not. At the end of 2017, I was an Honours graduate with a BA (Hons) Strategic Brand Communication.

To read the full article (and it is worth doing so because... GREAT TIPS!), click here.

* Vega is a brand of The Independent Institute of Education, SA's largest and most accredited private higher education institution.




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