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Month: October 2014

Entrepreneurship – 7 business ventures in 10 years

Entrepreneurship – 7 business ventures in 10 years

Published by Manoj Ranaweera on October 27, 2014

Over the last 10 years, I have started 7 business ventures.  Some successful and others total failures. I learnt lessons from each one of them. I discovered weaknesses and strengths of my associates. At the same time, I discovered what I am good at as well as what I am bad at. All had something to do with technology, in some cases, trying to create new services. With 1 successful exit and 1 still running strongly, let me summarise them for you. 2004: ebdex – electronic document exchange (electronic invoicing) for connecting Accounts Payable (A/P) and Accounts Receivables (A/R) to…

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From industrial revolution to FinTech and how the market will evolve

From industrial revolution to FinTech and how the market will evolve

Published by Manoj Ranaweera on October 10, 2014

This post was first published on Linkedin  One upon a time, UK’s manufacturing led the industrial revolution. And my adopted city, Manchester played a significant role during the industrial revolution thanks to the booming cotton trade at the time. As manufacturing moved to low cost labour markets, London became the centre for the financial services industry. Starting with trading stocks and commodities, the market boomed as financial wizards brought innovation through new instruments. With subprime mortgage fiasco in 2008 and the subsequent bailing out of banks, the industry lost a significant trust. Whilst pays are still high, it no longer…

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