Startup Lessons Learned - Colombo Sri Lanka

Oct 6, 2016 | Publisher: manojranaweera | Category: Technology |  

Startup Lessons Learned Manoj Ranaweera 3rd March 2014 @ Orion City IT Park, Colombo, Sri Lanka Life is a journey! Education: • 1987 Royal College • 1992 B.Eng (Hons) • 2005 MBA @MBS Employment • 1992 Parsons Brinckerhoff • Control Systems • Power Generation • Electricity Transmission • Sewerage Networks • Light Rail Transit Startups: • 2004 MI – Investor employee • 2004/06 ebdex • 2006/12 Techcelerate • TwiCRM, CRMthis • Foresight North • 2007 edocr • 2013 LiveStax Lesson 1 - Opportunity ¡  Your itch vs looking for a problem ¡  Product or feature ¡  Scaling $1bn $100m $10m Lifestyle Lesson 2 – Founder Team ¡  Passion and honesty ¡  Effort when the chips are down 2007: £843m (2004: £930m Google) Duncan Cameron: £162 m (90%) + £38.3m 2013: 11.41% each $38.2m funding to date Lesson 3 - Capital ¡  $1bn startup isn't cool no more! ¡  Go Big or Go Home ¡  Sense of urgency 2007: David Cummings $1.2m 2012: $95m to ExactTarget Lesson 4 - Distribution ¡  Customer persona ¡  Touch points ¡  Scalable distribution model LiveStax: Access to 2000 Customers Lesson 5 – Build or sell ¡  Vision and mission ¡  Build for long term ¡  Or for quick sale Enjoy the ride! manoj.ranaweera@edocr.com +44 7769734491

2014 Mar 3 Colombo.pdf

About manojranaweera

Founder of UnifiedVU and Venture 9. Previously Founder and CEO of edocr.com 

Help companies with digital and business transformation via process optimisation and system design, especially in the areas of bringing everything together for increased productivity and revenue growth.

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