Tuesday 17th September 2019
Ibrox Suite, Ibrox, Glasgow
Shaf Rasul, an Investor, award winning entrepreneur, former BBC Dragon and a columnist.
By 1999 Shaf Rasul was already a self-made multi-millionaire with an extensive investment portfolio that would allow him to take it easy for the rest of his life.
Maybe the time had come for the one of Scotland’s most successful entrepreneurs to slow down and set-up a comfortable lifestyle business that would allow him to pursue other interests like business mentoring and philanthropy. It was at that time Rasul, who starred as one of the Dragons in an online version of the BBC’s Dragons Den, established E-Net Computers.
Within a decade E-net went on to become the largest storage media distributor in Europe and one the biggest buyers of optical storage products in the world. The business grew exponentially after forging partnerships with the world’s top optical media manufacturers. A global import/export hub in Dubai and a £5million distribution centre at Edinburgh Airport were established to support the growth of the business which recorded peak sales of £67.2million during 2004-05.
In 2006 Ernst and Young Scottish Young Entrepreneur of the Year and was ranked 19th in a Management Today 2008 survey of the UK’s top 100 entrepreneurs. He has also been included in the Asian 100, a list of the most successful members of the British Asian community.
As well as masterminding the growth of E-Net Computers, Rasul simultaneously developed a venture capital investment portfolio which focuses on property, asset management and internet technology. Investment vehicles include SRA Ventures Limited, Shastra Property and Development and The East Coast Group of property companies.