Michael Hagele is a technology investor who focuses on early-stage companies, and he earned his Bachelor’s Degree from the University of Iowa before going on to complete his J.D. while studying at the University of California, Berkeley. He is really excited about the coming of Artificial Intelligence and the many ways that it can be used. In his own work, he has found that AI can be very useful and is applying it in the capacity of finding patterns and new ways of looking at aspects of the businesses that he works for. Hagele says that AI can help to rationalize expanding on certain programs and can provide data that highlights the need to cut down on costs in other areas.
Michael Hagel runs his own business on a model of putting his clients’ needs before anything else. Because he works as an attorney who provides legal counsel for his clients, this means that the people who pay him rely on his advice for the livelihood of their business. This also means that he must always be on top of his game, because if he isn’t, his clients’ businesses can be effected greatly.
Looking back, Michael Hagele recalls one of his failed attempts as an entrepreneur and how he eventually overcame it. He commented that he once was a part of opening a restaurant where a celebrity chef would be working. The chef had a hard time accepting equity as a part of his payment along with salary. This meant that the chef did not really want to invest in the business and be attached to its results. Hagele realized later that it is not a good idea to hire people who do not care about the company they are working for. This has taught him to never do the same again, because the results are usually negative, at best.
Michael Hagele is a true believer that the best results for a business or other enterprise come when you challenge the assumptions that you have made about that business. While the process can be rough, it is always worth it in the end.