... Dominic McVey , Hela Clothing :
"There is a lot of opportunity in Sri Lanka but a lot of it is not grasped yet.
A lot of people are going for the easy opportunities like building hotels and apartment blocks. How are you going to fill these apartments?
Now, I’m not against development and I believe the city needs investments to evolve, but there are so many apartments and who is going to buy them?
Are you going to fill them with Chinese or Brits? How is the economy going to benefit? It will only benefit the people who built them.
Are we encouraging our businessmen and entrepreneurs to invest their money in the right areas? We have so many people building hotels because the government said there is going to be a tourism boom here, but SriLankan Airlines has cut half its flights to the tourist destination.
We don’t have enough planes coming into the country, and the airport cannot cope with the capacity.
So how are we going to fill these rooms? It’s the real basics here and we are pushing certain opportunities that aren’t necessarily finite." Link is here
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Our foolish politicians - and surprisingly policy makers too - do not know how to value a national airline. They just compere amount spent and amount earned and shouting 'loss making' .
Then selling it to an outsider is the only remedy they know.
Recently they announce 2 million tourists came here due to promotions done by Sri Lnkan Airlines arranging code sharing with others.
No one calculated the amount spent inside the country by those people.
----Dominic McVey, 22, became a millionaire at 15 by importing micro-scooters. He is now in pharmaceuticals, and his company Cosmagenics specialises in distribution and marketing of cosmetics. He is the owner of Hela Clothing Sri Lanka.
"At 13, I was looking for Visa on Yahoo! but spelt it wrongly and discovered Viza, a 'push-scooter' company based in Arizona. "
The man I contacted there said: "Buy five and I'll give you one for free."
The result was : I sold 11 million scooters; I used to send a container a week to Japan.
I was a pain in the backside.
I took a thermometer into the mock GCSEs and, as it showed 16C, they had to cancel the exams because of health and safety rules. They were not happy!
At 14, I managed to pay for my first-class ticket to Japan, where I was looking at various business opportunities.
The school deputy head hated me. He would walk round the school saying: "Boy! Why are you smiling?"
"Because I have just sold 10,000 scooters," I said. !
I also used to say: "School should be a happy environment," but he would say: "No, it's not, you're here to learn."
By the time he was 15, Dominic had a reported 15 million pounds. For Dominic, he says it was better for him to deal with companies over the internet because he never told them is age and they did not find out.
They did not know the person on the other side of the computer was a 13th year old boy who was having his cheques singed by his mother. Most companies would be unwilling to conduct business with anyone below the age of 21.