
Radar | Jul 30,2022
WARYT was established in 1989 under the name Mulutila International; “WARYT” was merely the name of the building that housed the first office. Soon afterwards, the family resolved to rename the company WARYT Mulutila International PLC.
WARYT is also Tihitina’s grandmother’s name and doubles as an acronym for “Work And Reach Your Target.” From the outset, her siblings became shareholders. The company began in oil and gas retail, real estate development and, later, property management. The furniture business arrived by storm: a tenant who could not pay his rent settled the arrears with his stock.
Managing and expanding that unexpected venture has taken Legesse’s family to where they are today, one of the leading players in the sector.
Q: Did you grow up wanting to run the family business, or were you pulled in another direction? And what is the most bizarre piece of advice an older relative ever gave you that, against all odds, turned out to be right?
Tihitina: I was raised in an entrepreneurial household; business was always in the air. At one point, I hoped to study management at university, but I was placed in the psychology department instead. After graduation, I was destined to help with the family firm, yet I still wanted formal business training, so I took an MBA in England.
I could have stayed on a work visa, but my true calling was at home. Three years later, I returned to Ethiopia. My older brother once told me: “Your disappointments are appointments in God’s plan for you.” It sounded odd at the time, but he was right
Q: How do you preserve the old-school charm and family traditions that customers love without falling behind modern expectations?
When I took over in 2013, I had to learn almost everything on the job. Long-serving staff found it hard to be led by someone younger, but their resistance became a blessing because it forced me to master every corner of the operation. My parents are still my sounding board; I run to them for wisdom whenever decisions get knotty.
Q: What is your secret for surviving heated boardroom debates with relatives who still use your childhood nickname? And how often do you consult your parents’ coffee-stained notebook to guide today’s decisions?
“Work and reach your target” is not just a brand name. It is our family creed. Because everyone believes it, debates stay tethered to shared values, even when the temperature rises. That battered notebook? It sits on my desk, and I open it more often than I care to admit.
Q: If your business has an age-old family motto, what is it really (not just what is on the brochure)? And which piece of “family business wisdom” will you refuse to pass to the next generation, and why?
The genuine motto is still “Work and reach your target.” As for wisdom, I will not pass on: the belief that sacrifice must always come before self-care. I have learned the hard way that sustainable leadership requires balance.
Q: If the company’s journey became a holiday movie, would it be a comedy, a drama, or a cautionary tale? And if your family business were a movie character, would it be the eccentric genius, the lovable underdog, or something else entirely?
It would be a warmhearted family film with plenty of comedy. The business itself would play the resilient protagonist, seasoned, a little eccentric, never dull.
Q: What is the most infamous meltdown in the firm’s history that everyone still talks about, and did it ultimately reshape how you operate?
In 2004, my father suffered a slipped disc. We realised the company might have to function without him. By God’s grace, he recovered, but the scare prompted us to design a proper organisational structure, something that still anchors us today.
Q: Between family loyalty and customer loyalty, which one truly keeps you up at night? Can you recall a hilariously awkward moment when the generational baton was passed (maybe even literally dropped) that shows this tension?
Both loyalties weigh equally. One family principle is “Help the people who helped us grow,” and that includes customers. The baton? Let’s say there were more than a few meetings where I had to remind senior relatives that board minutes are not the place for pet names.
Q: Which item from your product line is so dear that you secretly hoard it for yourself?
None. I value every product with equal affection.
Q: When you feel stuck, which ancestor’s voice do you hear, an encouraging whisper or a stern “Behave”? And how does it shape your moves in a shifting economy?
My grandmother, now 103, still echoes in my mind: “Doing good is for yourself, your children and your grandchildren.” Her words keep the long view front and centre, no matter how turbulent the market becomes.
PUBLISHED ON
Apr 19,2025 [ VOL
26 , NO
1303]
Radar | Jul 30,2022
Radar | Sep 28,2019
My Opinion | Nov 23,2024
Fineline | Feb 15,2020
Fortune News | May 23,2020
Radar | Dec 12,2023
Fortune News | Jan 19,2024
Viewpoints | Jul 13,2024
Radar | Oct 07,2023
Radar | Jun 01,2024
Dec 22 , 2024 . By TIZITA SHEWAFERAW
Charged with transforming colossal state-owned enterprises into modern and competitiv...
Aug 18 , 2024 . By AKSAH ITALO
Although predictable Yonas Zerihun's job in the ride-hailing service is not immune to...
Jul 28 , 2024 . By TIZITA SHEWAFERAW
Unhabitual, perhaps too many, Samuel Gebreyohannes, 38, used to occasionally enjoy a couple of beers at breakfast. However, he recently swit...
Jul 13 , 2024 . By AKSAH ITALO
Investors who rely on tractors, trucks, and field vehicles for commuting, transporting commodities, and f...
Apr 20 , 2025
Mufariat Kamil, the minister of Labour & Skills, recently told Parliament that he...
Apr 13 , 2025
The federal government will soon require one year of national service from university...
Apr 6 , 2025
Last week, the International Finance Corporation (IFC), part of the World Bank Group...
Mar 30 , 2025
When the private satellite channel, Ethiopian Broadcasting Service (EBS), aired an em...