
#EntrepreneurMonth: If you can sell your first startup, sell it
Alan Knott-Craig 18 Oct 2017
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Go out there and do something that you loveA startup born in a dorm room in 2007 is now a successful business with 36 stores around the country. To date, weFix has expertly repaired smart devices such as smartphones as well as tablets, laptops, and DJI drones for over 700,000 customers. In addition, earlier this year, weFix entered into a partnership with one of SA's leading youth and adult training providers, Drone Racing Africa (DRA), to offer a repair and training network to drone flyers. While the South African Civil Aviation Authority (SACAA) has published rules around the flying of drones, the vast majority of people are unaware of where they can fly their drone legally and of the various options for certification to fly. ![]() We chat to weFix founder, Alex Fourie, to find out more about his journey as an entrepreneur.
In 2014 the first iFix Express was opened at the V&A Waterfront in Cape Town, as the company hit 100,000 device repairs. And then after a round of venture capital, we took the brand from "I" to "we", and shifted from eight stores to more than 30. The injected cash and support shifted the focus to explosive growth through a team of 150 technicians nationwide which have serviced over 700,000 units - as of September 2017 - now across 36 stores. With a business of this size, we made a shift in our culture to "we make it better" and it's about our 500 staff of which 150 are trained technicians. To achieve this, it has to be a unified effort across the business, and we need to recruit with that in mind too. Trust is essential these days so we continually work on training the best lab technicians using the best tools, and the most stringent safety protocols and measures, put in place to protect customers precious personal information and hardware. I’ve had a tough journey and might have become a bit disillusioned throughout. Every day there are challenges. Literally every day. I think success depends on how resilient you are and how you approach those challenges. Do you see them as struggles or do you crumble under their weight? Some personal experiences: Growth management was a big one. Cash flow management was, and is, a major struggle. If I had a dollar for the amount of time I’ve come to the 24th of the month not knowing how I’m going to pay the large salary bill, I’d not be in that position in the first place. The first few times this happened I freaked out. Nowadays if this happens, it doesn’t phase me as much, as I’ve been through it so many times. Some of the best experiences have been seeing people that you’ve encouraged or given opportunities to, flourish. That’s really great seeing how it’s possible to make a difference to someone’s life. ![]()
About Ilse van den BergIlse is a freelance journalist and editor with a passion for people & their stories (check out Passing Stories). She is also the editor of Go & Travel, a platform connecting all the stakeholders in the travel & tourism industry. You can check out her work here and here. Contact Ilse through her website here. View my profile and articles... |