1 00:00:05,042 --> 00:00:05,750 DOREEN MASHU: OK. 2 00:00:05,750 --> 00:00:07,070 My name Doreen. 3 00:00:07,070 --> 00:00:11,330 I just graduated as a Sloan Fellow 2018. 4 00:00:11,330 --> 00:00:15,200 I came here from Zimbabwe, and I did an independent study 5 00:00:15,200 --> 00:00:16,095 with Anjali Sastry. 6 00:00:22,060 --> 00:00:25,240 So I had 10 years work experience 7 00:00:25,240 --> 00:00:28,720 in accounting and finance before I came to Sloan. 8 00:00:28,720 --> 00:00:31,270 And I had this passion for agriculture 9 00:00:31,270 --> 00:00:35,740 that stemmed from growing up in Zimbabwe with parents 10 00:00:35,740 --> 00:00:37,600 that were farmers. 11 00:00:37,600 --> 00:00:42,860 So I had done quite a bit of research personally 12 00:00:42,860 --> 00:00:45,912 on agriculture everywhere that I had worked. 13 00:00:45,912 --> 00:00:47,620 And even though I was working in finance, 14 00:00:47,620 --> 00:00:52,000 I tried to make sure that I did some agriculture 15 00:00:52,000 --> 00:00:55,150 work, whether it was mergers and acquisitions or whatever. 16 00:00:55,150 --> 00:00:57,610 I tried to make sure that I infused agriculture 17 00:00:57,610 --> 00:00:59,110 into my work. 18 00:00:59,110 --> 00:01:04,959 So when I got here, I wanted to formalize this passion 19 00:01:04,959 --> 00:01:10,720 and do a bit more in-depth analysis, in-depth research 20 00:01:10,720 --> 00:01:13,240 on this sector and what I wanted to contribute 21 00:01:13,240 --> 00:01:15,230 to it after graduation. 22 00:01:15,230 --> 00:01:17,980 So I did an independent study titled 23 00:01:17,980 --> 00:01:21,280 Innovations Across the Agriculture Value Chain-- 24 00:01:21,280 --> 00:01:23,260 An Opportunity for Savvy Entrepreneurs, 25 00:01:23,260 --> 00:01:27,010 because I want to be an entrepreneur in this sector. 26 00:01:27,010 --> 00:01:29,410 So the independent study involved 27 00:01:29,410 --> 00:01:36,190 researching the current value chain, or the traditional value 28 00:01:36,190 --> 00:01:39,550 chain as it is, and then interviewing 29 00:01:39,550 --> 00:01:43,210 different stakeholders to figure out where opportunities 30 00:01:43,210 --> 00:01:44,904 are for innovation. 31 00:01:44,904 --> 00:01:46,570 And that's what I worked on with Anjali. 32 00:01:51,300 --> 00:01:54,450 So I started out with some questions 33 00:01:54,450 --> 00:02:00,900 that I wanted to answer, or some hypotheses, and the main one 34 00:02:00,900 --> 00:02:04,560 was the fact that there is a big opportunity 35 00:02:04,560 --> 00:02:06,390 to do value addition. 36 00:02:06,390 --> 00:02:11,000 And so to move farmers from the traditional farming 37 00:02:11,000 --> 00:02:17,250 and raw material production to actual processing of items, 38 00:02:17,250 --> 00:02:23,130 of consumer goods, whether it's juice or personal care items. 39 00:02:23,130 --> 00:02:27,150 Anything that can be produced from excess agricultural 40 00:02:27,150 --> 00:02:28,260 produce. 41 00:02:28,260 --> 00:02:34,380 So my hypothesis was that everybody on the table 42 00:02:34,380 --> 00:02:39,210 would agree with the statement, that that is the only way 43 00:02:39,210 --> 00:02:42,240 to move farmers or rural communities 44 00:02:42,240 --> 00:02:44,520 from poverty to prosperity. 45 00:02:44,520 --> 00:02:49,080 And that's where most of the investments 46 00:02:49,080 --> 00:02:51,340 should be going forward. 47 00:02:51,340 --> 00:02:53,640 So I started with that question, and so when 48 00:02:53,640 --> 00:02:56,370 I interviewed stakeholders, I interviewed farmers. 49 00:02:56,370 --> 00:02:58,440 I interviewed business people. 50 00:02:58,440 --> 00:03:02,220 I interviewed development organizations. 51 00:03:02,220 --> 00:03:08,460 And asked questions that questioned or poked on that 52 00:03:08,460 --> 00:03:10,500 hypothesis, or supported it. 53 00:03:10,500 --> 00:03:14,440 And the response was actually what I expected, 54 00:03:14,440 --> 00:03:19,030 which is it's true that that is where 55 00:03:19,030 --> 00:03:20,890 everybody thinks that the investment should 56 00:03:20,890 --> 00:03:23,170 be focused on. 57 00:03:23,170 --> 00:03:26,830 It's just a matter of changing some existing mental models 58 00:03:26,830 --> 00:03:33,040 that keep both farmers and investors in this sector stuck 59 00:03:33,040 --> 00:03:36,160 in and doing things as they've always been done. 60 00:03:40,170 --> 00:03:42,840 I looked at all the things that I was interested in, 61 00:03:42,840 --> 00:03:44,880 things that I was passionate about, 62 00:03:44,880 --> 00:03:50,010 but that I wasn't necessarily addressing through my MBA 63 00:03:50,010 --> 00:03:52,230 classes at Sloan. 64 00:03:52,230 --> 00:03:55,740 And so agriculture stood out. 65 00:03:55,740 --> 00:03:57,960 And then within agriculture I looked 66 00:03:57,960 --> 00:04:03,390 at what was related to my startup, which 67 00:04:03,390 --> 00:04:08,520 is what I'm hoping to work on now that I've graduated. 68 00:04:08,520 --> 00:04:13,842 And so it was easy to narrow down a topic, 69 00:04:13,842 --> 00:04:15,300 because I wanted something that was 70 00:04:15,300 --> 00:04:18,410 aligned with my startup and my interests. 71 00:04:22,620 --> 00:04:29,730 Managing the work and myself was probably the most difficult. 72 00:04:29,730 --> 00:04:32,520 I think, like I said, because I had 73 00:04:32,520 --> 00:04:36,950 done some research on the topic without really having 74 00:04:36,950 --> 00:04:42,870 any plans of using it in any formal way, 75 00:04:42,870 --> 00:04:47,910 I underestimated the time it would take to actually come up 76 00:04:47,910 --> 00:04:49,800 with something meaningful. 77 00:04:49,800 --> 00:04:53,400 And I like to talk-- 78 00:04:53,400 --> 00:04:54,430 I'm a people person. 79 00:04:54,430 --> 00:04:56,340 So I enjoyed the interviewing part, 80 00:04:56,340 --> 00:04:58,860 and I kept gathering information and gathering information, 81 00:04:58,860 --> 00:05:02,940 and talking to people more than the people I had on my list. 82 00:05:02,940 --> 00:05:06,600 But then when it came to gathering the insight 83 00:05:06,600 --> 00:05:10,920 and writing, what I had done and why I had done it 84 00:05:10,920 --> 00:05:15,120 and what the next steps are, it was of difficult. 85 00:05:15,120 --> 00:05:17,490 And also I had a full course load, 86 00:05:17,490 --> 00:05:21,600 because I spent all of my IAP doing this research. 87 00:05:21,600 --> 00:05:25,650 And so I didn't take any other classes or any units 88 00:05:25,650 --> 00:05:27,120 that I needed towards graduation. 89 00:05:27,120 --> 00:05:30,540 So in the spring, everything was due. 90 00:05:30,540 --> 00:05:33,960 The independent study, all the courses, and all of that. 91 00:05:33,960 --> 00:05:38,550 So it was difficult, but I worked with Anjali a lot 92 00:05:38,550 --> 00:05:44,480 in trying to figure out how I needed to craft the paper. 93 00:05:44,480 --> 00:05:48,740 And so we did a few iterations of that. 94 00:05:48,740 --> 00:05:50,880 She actually is very hands-on. 95 00:05:50,880 --> 00:05:53,840 So she'll take positive notes write-- 96 00:05:53,840 --> 00:05:55,799 this first section could be this, do you agree? 97 00:05:55,799 --> 00:05:57,340 What are you trying to get from that? 98 00:05:57,340 --> 00:05:59,000 So she pushed me a bit and ask me 99 00:05:59,000 --> 00:06:02,390 questions that helped me figure out the structure of the paper. 100 00:06:02,390 --> 00:06:09,190 And also the time I would spend on each section, 101 00:06:09,190 --> 00:06:12,430 and what was more important and what was less important. 102 00:06:12,430 --> 00:06:15,700 And how I can show that I actually 103 00:06:15,700 --> 00:06:18,190 did the work, because doing the work 104 00:06:18,190 --> 00:06:22,820 and actually reporting the work is quite different. 105 00:06:22,820 --> 00:06:25,570 But in the end, it worked, definitely with Anjali's help, 106 00:06:25,570 --> 00:06:27,700 and working extra hours. 107 00:06:31,810 --> 00:06:34,590 So I think this experience was interesting for me, 108 00:06:34,590 --> 00:06:38,290 because I ended up using frameworks 109 00:06:38,290 --> 00:06:43,770 in the independent study that I think are unique to Sloan. 110 00:06:43,770 --> 00:06:49,050 So for example, I used systems thinking, which is obviously 111 00:06:49,050 --> 00:06:51,480 a big thing here at Sloan. 112 00:06:51,480 --> 00:06:55,020 And also things around sustainability 113 00:06:55,020 --> 00:06:59,310 and sustainability-oriented innovation, which MIT 114 00:06:59,310 --> 00:07:01,200 is a champion in. 115 00:07:01,200 --> 00:07:09,450 So I think that being in this environment helped 116 00:07:09,450 --> 00:07:11,670 with the framework I was going to use 117 00:07:11,670 --> 00:07:15,890 and the way I was writing this paper. 118 00:07:15,890 --> 00:07:17,820 Entrepreneurship is also big at MIT, 119 00:07:17,820 --> 00:07:19,560 so that's why I even wanted to be 120 00:07:19,560 --> 00:07:22,740 an entrepreneur after a 10-year career in finance. 121 00:07:22,740 --> 00:07:25,470 So I think all of those things went together 122 00:07:25,470 --> 00:07:30,240 to help me produce this independent study. 123 00:07:30,240 --> 00:07:35,160 I do think, however, it's just-- 124 00:07:35,160 --> 00:07:37,624 yes, for me it was MIT, but for anyone else 125 00:07:37,624 --> 00:07:38,790 it could be anything, right? 126 00:07:38,790 --> 00:07:40,470 It's just a matter of figuring out 127 00:07:40,470 --> 00:07:42,430 what you have in your own ecosystem, 128 00:07:42,430 --> 00:07:44,611 and then using that to your advantage. 129 00:07:48,150 --> 00:07:49,900 Also, in addition to being a Sloan Fellow, 130 00:07:49,900 --> 00:07:52,150 I'm a Legatum fellow, which is-- 131 00:07:52,150 --> 00:07:55,960 Legatum is a center here at MIT for entrepreneurship 132 00:07:55,960 --> 00:07:58,520 and development. 133 00:07:58,520 --> 00:08:01,900 And it supports 20 Fellows per year 134 00:08:01,900 --> 00:08:03,400 that wants to work in the developing 135 00:08:03,400 --> 00:08:05,210 world after graduation. 136 00:08:05,210 --> 00:08:10,420 So it's everybody from PhDs in engineering to undergraduates. 137 00:08:10,420 --> 00:08:14,260 And so I came here through a scholarship 138 00:08:14,260 --> 00:08:15,880 from the Legatum foundation. 139 00:08:15,880 --> 00:08:19,570 So I knew coming in that I wanted 140 00:08:19,570 --> 00:08:24,950 to be an entrepreneur in the developing world after Sloan. 141 00:08:24,950 --> 00:08:27,950 And my startup idea is in agriculture, 142 00:08:27,950 --> 00:08:33,940 so it's another part of what created this independent study. 143 00:08:33,940 --> 00:08:38,620 I knew some people that I interviewed-- 144 00:08:38,620 --> 00:08:41,044 some stakeholders that I interviewed through Legatum, 145 00:08:41,044 --> 00:08:42,960 and then approaching them as a Legatum Fellow, 146 00:08:42,960 --> 00:08:47,740 it made sense that I was doing this agriculture paper. 147 00:08:47,740 --> 00:08:52,600 So it helped me talk to people that I probably would have 148 00:08:52,600 --> 00:08:54,940 a hard time reaching out to. 149 00:08:54,940 --> 00:08:57,760 Anjali also brought in her contacts for people 150 00:08:57,760 --> 00:09:02,710 that I needed to interview, so that was helpful as well. 151 00:09:02,710 --> 00:09:05,170 And the name MIT was helpful as well, so 152 00:09:05,170 --> 00:09:07,820 to link back to the ecosystem, right? 153 00:09:07,820 --> 00:09:10,229 So reaching out to someone and saying, hey, 154 00:09:10,229 --> 00:09:11,770 I'm a student at MIT and I'm studying 155 00:09:11,770 --> 00:09:14,650 this topic was, I think, helpful for people 156 00:09:14,650 --> 00:09:18,910 to open up their doors and resources and such. 157 00:09:23,350 --> 00:09:26,157 I just came from a conference last week after graduation. 158 00:09:26,157 --> 00:09:28,240 I went straight to a conference at the World Bank, 159 00:09:28,240 --> 00:09:34,420 and I think everybody's questioning this idea of 160 00:09:34,420 --> 00:09:36,210 is technology a good solution? 161 00:09:36,210 --> 00:09:38,950 And if so, how should we be using it, 162 00:09:38,950 --> 00:09:44,140 and how do we really get these rural communities to prosper? 163 00:09:44,140 --> 00:09:50,230 And there's a lot actually in between farming seasons, right? 164 00:09:50,230 --> 00:09:53,180 So a farming season could be just three months, 165 00:09:53,180 --> 00:09:55,660 and then you add the preparation time, which 166 00:09:55,660 --> 00:09:57,610 is another couple of months. 167 00:09:57,610 --> 00:10:01,330 And then farmers are going from cycle to cycle, 168 00:10:01,330 --> 00:10:05,380 and their conditions are not really improving. 169 00:10:05,380 --> 00:10:07,300 So people are questioning why that 170 00:10:07,300 --> 00:10:12,670 is happening, and we what we need to do more of, or less of. 171 00:10:12,670 --> 00:10:15,310 So I think it's an exciting sector, 172 00:10:15,310 --> 00:10:17,050 because I think that the whole world is 173 00:10:17,050 --> 00:10:19,060 worried about food security. 174 00:10:19,060 --> 00:10:22,030 The whole world is worried about climate change, 175 00:10:22,030 --> 00:10:24,670 which is linked to agriculture. 176 00:10:24,670 --> 00:10:26,422 So I think it's a hot topic. 177 00:10:26,422 --> 00:10:28,630 It's just people need to figure out-- everybody needs 178 00:10:28,630 --> 00:10:30,850 to be on board in terms of figuring out 179 00:10:30,850 --> 00:10:32,110 what needs to be done. 180 00:10:32,110 --> 00:10:33,610 Because on one hand, you have people 181 00:10:33,610 --> 00:10:37,980 that are investing in more production of food 182 00:10:37,980 --> 00:10:40,030 so that we have food security, but then is 183 00:10:40,030 --> 00:10:43,540 that food distributed equally? 184 00:10:43,540 --> 00:10:45,740 That remains to be seen. 185 00:10:45,740 --> 00:10:47,650 And then on the other hand, there's 186 00:10:47,650 --> 00:10:49,360 all this talk about climate change 187 00:10:49,360 --> 00:10:51,891 and what farmers should be doing or not be doing, 188 00:10:51,891 --> 00:10:53,890 and there are all these technologies that people 189 00:10:53,890 --> 00:10:56,590 are coming up with, but are they being co-created 190 00:10:56,590 --> 00:10:58,240 with the communities? 191 00:10:58,240 --> 00:10:59,080 Probably not. 192 00:10:59,080 --> 00:11:02,470 So uptake of those technologies is slower than people think. 193 00:11:02,470 --> 00:11:06,910 So there are all of these topics, all of these loose ends 194 00:11:06,910 --> 00:11:08,080 that need to be figured out. 195 00:11:08,080 --> 00:11:12,130 And I think that's why it's exciting for me to be in, 196 00:11:12,130 --> 00:11:15,420 and hopefully I can figure out a small part of it.