
Fingers in pies aplenty for entrepreneur
Start counting the various groups and organisations Madison Duffy is involved in and you quickly start to run out of fingers.
But there is a common thread; Ms Duffy (23), who is completing a bachelor of entrepreneurship at the University of Otago, is passionate about entrepreneurship, and that flows through to all her extra-curricular activities.
She has recently been appointed operations assistant for the Global Entrepreneurship Network (NZ), the national affiliate of the Global Entrepreneurship Network which operates programmes in 200 countries.
The organisation is aimed at making it easier for anyone, anywhere to start and scale a business. The New Zealand arm — which is a not-for-profit trust — was founded in 2019 to connect and grow the entrepreneurial ecosystem.
Ms Duffy was excited about her new role, which would be remote — meaning she could continue to be based in Dunedin, a city she fell in love with while visiting a friend.
Originally from Tauranga, Ms Duffy moved to Wellington in 2021 to study at Victoria University, but she found it was not the best fit for her.
Spinal surgery, due to a congenital condition, meant she took a break from study as 28 screws and two rods were inserted in her spine.
Later, while visiting a friend, she was captivated by the city and the university campus and decided to "take a leap of faith" and move south.
Studying politics, economics, finance and management were all subjects that interested her, along with a minor in sustainable business. She also quickly got involved in the city's entrepreneurship ecosystem.
Growing up, she loved business studies at secondary school and was involved in the long-running Young Enterprise Scheme for two years. She loved the environment of building a business and learning all the different aspects involved.
The first year in the scheme, her company made recycled glass cheeseboards featuring an image of Mount Maunganui, followed by bamboo straws the second year.
Last year, she did the Audacious business challenge with a business idea for accessible period products for those with mobility issues.
This year, she is co-president of the newly-established Student Innovation Collective — which she hoped would be around for a long time — set up to bridge the gap between the polytechnic and university, and wider ecosystem, and running the likes of networking events and pitch nights.
She also did a workshop with The King's Trust Aotearoa New Zealand several weeks ago and enjoyed being with a broad range of both students and non-students with different business ideas.
She is also back to Audacious this year, her project looking at whether one platform for entrepreneurs and funders to go to and find everything they needed was viable.
And then there is Momentum, the national student-led investment committee programme which provides access to advice, connections and investment opportunities to students and start-ups throughout New Zealand.
She has been on that committee for about a year and she enjoyed the mix of students and industry professionals.
If that was not enough, then she was also a volunteer with drug checking service provider Know Your Stuff, and has a part-time job.
Ms Duffy acknowledged it could be a challenge finding a balance with all her studies, along with extra-curricular activities but she seemed able to do it, despite her planner being "very full all the time".
"I'm doing something I'm really passionate about and really enjoy and it doesn't feel like hard slog. I know myself a lot better and what I need to do to maintain that balance," she said.
Hopefully she would finish her degree at the end of the year and, while she was still keeping her options open, there was a possibility of doing a master's degree in sustainable business next year.
Eventually, she would like to work in sustainable consulting or sustainable policy, and having her own business or women-led business for that would be her goal
In the meantime, she said she had found the "perfect place" to be in Dunedin, and she had been inspired by other entrepreneurs in the city, such as the "gin ladies" behind Dunedin Craft Distillers.
A university paper on social and sustainable entrepreneurship involved field trips to Southern Youth Development and Cargill Enterprises, which she particularly enjoyed.
"Just seeing how business can be for good as well as profit — there doesn't have to be the trade," she said.
This week, Ms Duffy received a top student award for that work which she was delighted about, particularly as it was her preferred area of business.
sally.rae@odt.co.nz
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles

RNZ News
an hour ago
- RNZ News
Political commentators Gareth Hughes and Fletcher Tabuteau
Gareth Hughes is the Director of the Wellbeing Economy Alliance Aotearoa is a former Green MP and is no longer a member of any political party. Fletcher Tabuteau is a former NZ First MP from 2014 to 2020, former deputy leader of the party, and former Parliamentary Under-Secretary to the then Minister of Foreign Affairs Winston Peters and the then minister for regional development Shane Jones. He now works for lobbying and communications firm Capital Government Relations. Tags: To embed this content on your own webpage, cut and paste the following: See terms of use.

RNZ News
4 hours ago
- RNZ News
Multi-tasking while responding to texts, emails ups the risk of being scammed
A BNZ survey shows nearly a quarter of people clicked through to a "great deal" without checking if the link was legitimate. Photo: 123RF Multi-tasking while responding to texts, emails or other notifications increases the risk of being scammed. A survey by BNZ indicates New Zealanders were responding to notifications in a variety of awkward and distracting locations, from the bathroom to the boardroom. The nationwide study found most New Zealanders had responded to an email, text or notification while doing something else, with a third responding in the bathroom, 41 percent in the middle of a face-to-face conversation, and 28 percent while in a meeting or webinar. "And when we're rushed or distracted like this, we make mistakes," BNZ head of fraud operations Margaret Miller said. Nearly a quarter clicked through to a "great deal" without checking if the link was legitimate, while one-in-five hit a text link before reading the message. "Scammers prey on the fact that when we're rushed, distracted, or juggling multiple things we're more likely to click first and think later," Miller said. Still, 78 percent recognised the risk they were taking when distracted, rushed, multi-tasking, stressed or on autopilot. While 61 percent spotted a scam in the past year and avoided it, 12 percent were not as lucky. BNZ head of design Donal Devlin said it was developing strategic design features that work with how people behave. "While we all expect seamless digital experiences, we've learned that introducing small elements of friction at critical moments helps with focus and ultimately, keeps customers and their money safer," Devlin said. "In practice, this means things like swapping button locations, adding brief pause notifications, or showing "pause and think" alerts to help customers stay focused when making higher risk transactions or actions in their accounts. "It's about finding the right balance between convenience and security - adding just enough of a moment to think when the stakes are highest." Sign up for Ngā Pitopito Kōrero , a daily newsletter curated by our editors and delivered straight to your inbox every weekday.

RNZ News
7 hours ago
- RNZ News
Property investor takes on salespeople: Is it 'cashflow positive' or just a 'cash cow'?
For Sale Sign Photo: RNZ / Angus Dreaver A high-profile property investor and investment coach is taking aim at real estate salespeople advertising properties as "cash flow positive". "Cash flow positive" is generally understood by investors to mean that the rent from the property will fully cover the cost of owning it, such as loan repayments, rates and insurance, and leave a surplus each week. But property investor Steve Goodey said he had found instances where claims were made that did not stack up. In one case, an Auckland unit was being advertised as a "solid home or cash flow positive investment" but he calculated that even at the top of the rent range for the unit, it would need to be bought for $405,000 to make it cashflow positive. He said the salesperson told him the vendor wanted $500,000. The salesperson told RNZ that the numbers stacked up if an investor had a 20 percent deposit. "But the title should be changed to cash cow investment as it has caused confusion for some investors." In another case, a property was being advertised as cashflow neutral with a purchase price of $699,000 but Goodey estimated it would be negative by $16,000 a year. Another property going to auction promised to be cashflow positive but Goodey said that was a bold claim to make when the sale price was not known. The Real Estate Authority said it could not comment publicly on specific situations. But chief executive Belinda Moffat said real estate professionals must not mislead a customer or client nor provide false information. "This applies to representation made in advertising. Where a property is marketed as a 'cashflow positive investment' this would need to be able to be verified and substantiated. We would recommend potential buyers ask the licensee or vendor to substantiate this, and take expert advice if required." Goodey said investors needed to be careful with the information they were supplied when looking for a rental property. He said it was disappointing that no one seemed willing to tackle this sort of marketing. "I've had agents come to me and say that a property is cashflow positive if you put a 30 or 35 percent deposit down in cash. That makes anything cashflow positive - are we just making stuff up as we go along now?" Sign up for Ngā Pitopito Kōrero , a daily newsletter curated by our editors and delivered straight to your inbox every weekday.