you had already paid for the 4 trucks in advance? Success of the
event will majorly rely on selling the available event space and
ensuring payments are done on time.
Resilience: is a great value that allows one to make enough
cold calls (both on phone and physically) and not get bogged
down with hearing no.
Operations & Finance: Without a doubt, even if all others
succeed and this fails, then the business is in jeopardy. On the
simplest of platforms, the question is how much will it cost to
make this tour, event, meeting, convention etc a success and
how much should people pay and how much do I expect as
a profit? There should be an element of cost saving, compare
quotes from suppliers without compromising on the quality
you want to maintain, prepare a budget, keep overheads low,
track the expenses and at the end of the activity, conduct
what we call a Return on Investment. There should also be the
element of having a reporting structure with the team and also
work to mitigate the risks involved in business.
Humility: Is a great character trait that allows one to do much
and especially to learn from others. In the MICE industry, things
are not static – ever! That dynamism must be embraced and only
through humility can one learn what the industry is calling for.
It is also in learning that one can know what to introduce as a
value add to make their function/ event unique and memorable.
Having interacted with various players in this industry I can
only pinpoint values and qualities that have either allowed
them success or that have caused them to stay on the reverse
gear.
Integrity: it has many definitions but translated into this and
any other line of business, the question that it seeks to address
is – Can you be trusted? Is your word so good that it can be
taken to the bank?
Problem solver: someone who does not get frazzled when
there is a problem. They will think on their feet and offer
solutions as opposed to saying, “I don’t know” or “someone else
is to blame.”
Bounce back attitude: will allow one to accept that things can
and will go wrong but when that happens, they have the ability
to rise up, learn from the issue and move on.
In conclusion, as an employee seeking to venture into the MICE
industry, it is easy to look and imagine easy success. But those
who have weathered the seasons in there as business owners
will tell you, being a player in the MICE industry is not child’s
play. It calls for sleepless nights, working when your friends are
having fun, making losses but maintaining your name. Like a lot )