Enactus President Tim Randall Says Profit Should Be a Result, Not an Aim

Editor’s Note: Tim Randall may be better described as a social entrepreneur than anything else. When he hustles, he does it for the greater good. Take a look at how Tim worked his way into a leadership role that allows him to change how people live their lives.

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I’d been awake for 37 hours when I wondered if I should have been driving. But how else would we get to the pub at 9pm on a Sunday night?

A rowdy, unstoppable bunch, entrepreneurs can be. We had to celebrate! We’d just finished the 2nd Hackagong and our champagne monitor – sorry, campaign monitor – had already paid for the tab!

Hackagong is a start-up weekend cross hackathon with a side of 3D printing. I’d joined the hackagong team when my friend and potential business partner invited me to an organiser’s meeting (he now works at META, poached when contacting sponsors).

I helped run the event and of course had my own startup idea. I met my team the night before Hackagong: Chris a 2nd year programmer and Jody a UI specialist graphic designer. Our idea is colab, a website to connect people to upcoming entrepreneurial projects in Wollongong. We made it into the top ten, narrowly missing the $10,000 prize because of my pitching inexperience.

Hackagong was a great experience. I learnt so much from the surrounding teams of talented people and seasoned entrepreneurs. I’d been interested in business since I was 18, but scared to venture out on my own without enough influence to convince a co-founder.

I started reading books and listening to entrepreneurs. Then I joined enactus (formerly known as SIFE). A head for business a heart for the world. A team of social entrepreneurs, part of a global organisation spreading the entrepreneurial spirit and passion of creativity, fulfilment, freedom and community.

We design business models to empower people. We equip people with the means to solve economic, social and environmental problems. I have learnt so much from enactus. Last year I had an opportunity to save the day, designing a project whilst memorising a powerful 3.5min pitch in 3 days. Enactus UOW made it to the semi-finals for the first time ever(!), and I won Enactus Australia’s Most Outstanding Student Award. Free tickets to the Enactus World Cup in Cancun, Mexico!

The Cup was the most amazing experience of my life. 2,000 young entrepreneurs from all over the world, designing projects to help people. I am now President of Enactus UOW- an 11 person team and growing- I am passionate about inspiring entrepreneurship through our four projects.

I also handle the marketing of organic rice for my parent’s Randall Organic Rice brand. Managing market stalls with two staff, maintaining the website and designing marketing material keeps me busy in my spare time. I am looking forward to expanding the family farm and developing an online organic rice subscription business when I graduate at the end of this year.

I’m not even in business for the money. I believe business is the most powerful force for change, and I want to make a positive contribution to the world, so entrepreneurship is it. Profit should be a result, not an aim.

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