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GUENET FRESENBET

   
 

RESUME


 
Company: GigiEthiopia, Made of Africa
Founded: 1999
What it does: Designs and produces high fashion
accessories, handicrafts and arts
HQ: Adams Pavilion, 2nd floor and also show room
Previous capital: 100,000.00
Current capital: 1,200,000.00
Employees: 65
Source of start up capital: Personal funds.
Educational background :
Diploma in Fine Arts, Graphic Design and Fashion Age: 40
Website: www.gigieth.com


 

BIG PICTURE
Reason for starting business:-To develop and promote Ethiopia’s infant fashion industry and as a result export fashion products.
Most difficult part of decision:- Giving up my great career in Los Angeles.
Biggest plus of ownership: Freedom of creativity and having good assistants at work so I may have the ability to represent Ethiopia internationally.
Biggest draw back: Lack of work ethics and commitment among some people.
Biggest misconception: Products are expensive
Biggest business strength: 20 years of industrial experience in the US that allows us to have in house products.
Biggest Weakness: Not having adequate skilled human resource.
Biggest risk:- Starting or introducing a new trend in traditional Ethiopian costumes( Haute Couture) and artistic crafts ( Made of Africa).
Biggest mistake: Not starting direct exports sooner and satisfying local demand.
Smartest move: Preparing for direct export, training staff for new plans.
Biggest worry: Not finding a large enough place.


DAILY ROUTINE
Top source of inspiration : Family and friends.
Most challenging task:
Keeping up with export while satisfying local demand.
Favorite task: Sketching, actually making things and decorating.
Least favorite task: Crunching number whether bills or quantities.
Biggest frustration: Lack of transparency.

DREAMS
Key goal yet to achieve: Build production plant and art design center and at least 3 additional show rooms Open a design college


PERSONALS
Most interested in meeting:Jean Paul Gaultier.
Most admired entrepreneur: Bill Gates of Microsoft.
Stress reducers: Massage, cold
Showers.
Favourite past times: Getting away from the city.
Most favourite film: - Kate and Leopold
Favorite book:- The Bible
Favorite destination:- Paris, France
Favorite automobile:- The Mercedes Benz