in

Mr. Andy Altahawi, Helping Startups Open Their Doors

Entrepreneurs face a lot of tough hurdles on the way to opening for business.

Entrepreneurs face a lot of tough hurdles on the way to opening for business. No matter how good their idea may be, that idea will not become reality unless paperwork is filed and regulations are satisfied, a process that can seem daunting. To help these future business leaders take their products public, Mr. Andy Altahawi opened a one-stop shop for them.

Mr. Altahawi uses his considerable experience in banking and law to assist with structuring, mergers and acquisitions, building and selling syndicate groups, private offerings, SEC filings, regulatory filings, and going public. Mr. Altahawi lessens the confusion entrepreneurs feel and ultimately gets their companies’ doors open faster and with less stress.

Mr. Altahawi’s professional experience is extensive. From 1994-2018, he excelled in corporate finance and was an investment banker, working for Prudential Securities in the 1990s. After Prudential Securities, he started his own boutique investment bank in 1998, Adamson Brothers, which grew to ten offices around the country and had about 300 employees. Adamson Brothers has played a big role in the industry by helping many startups raise capital and go public. 

In 1988, Mr. Altahawi began practicing law and became a highly successful attorney. “I’ve always practiced law, even when I was a banker, when I used to file and approve companies going public with the SEC,” he explains. “I am an international attorney/litigator and have handled complex litigation in business and other areas of law for decades.

Today, my legal and financial consultant business focuses on helping startups with everything they need, including building syndicate networks for successful fundraising. I am an expert in all aspects of the public offering process as well.”

Mr. Altahawi has had his own share of startups, one reason he understands entrepreneurs so well. In addition to Adamson Brothers, he founded Lavish TV, a fashion TV network, and Dandana TV, a music TV network. “Because I have been through the startup process myself, I understand what new entrepreneurs face,” Mr. Altahawi says. “It gives me the ability to see the process from their perspective and really help them through it.”

Mr. Altahawi has faced challenges along the way to becoming a success in his industry.

The hurdles I’ve faced have arisen because the speed of economic and technological changes means that the right path yesterday may not work today. It could even be a disaster by tomorrow. Solving this means I’ve been able to excel while other companies have had to close their doors.

While Mr. Altahawi is focused on helping his clients these days, he doesn’t forget about the future. “I believe I am on the right track to incubate a few potential unicorns that will solve problems and create wealth in the next five years. They are disruptive. Nearly all unicorns have disrupted their industries.

Think of Netflix, which transformed how we rent videos. Unicorns are often the first to market their idea. They tend to maintain that  first-mover advantage by constantly innovating and expanding their product or service. I love working with startups that have big ideas. There’s nothing more exciting than that.”

 

Mr. Altahawi is fascinated by entrepreneurs and believes the future for startups will thrive in five industries: artificial intelligence, healthtech/biotech, space tech, and edtech. “AI is the tech sector to be in right now,” he says.

“Its technology transcends all others. The COVID-19 pandemic has done little to alter the prediction that in seven years, AI’s market value will rise nearly 1,000% to $266 billion. As for healthtech/biotech, this industry has a lot of funding opportunities, so that will be big, too. Watch out for space tech! This is an exciting and disruptive space for a startup.

You’ll see opportunities in satellites and space debris removal, among others. Edtech will grow. School and university closures around the world were one of the biggest fallouts from the recent pandemic. For many entrepreneurs, COVID-19 merely solidified the view that education is in desperate need of technology disruption.”

One of Mr. Altahawi’s recent startup projects is Nowigence, Inc. Mr. Altahawi is an early investor in the company in addition to his role as its legal and capital market advisor, for which he handles all its SEC regulatory filings, structuring, building its fundraising network, and working on its product development.

Mr. Altahawi says, “I believe in Nowigence and its capable management team. This company is poised to disrupt the AI market.”  Nowigence is a fast-growing SaaS company that develops and sells a ready-to-use artificial intelligence (AI) robot called PluarisTM.

Its human-like capabilities allow it to comprehend data with precision when retrieving, extracting, and analyzing information; benchmarking; and creating outputs for its users in real time. Mr. Altahawi believes that Nowigence is a unicorn, and the company is planning to offer its shares to the public in 2021. 

Having attained success with his business, Mr. Altahawi enjoys giving other entrepreneurs suggestions on how to bring their ideas to market. “Make sure you’re solving a problem. You don’t just want to build a solution because you think the technology or the product is cool. Also, understand your market and your customer; you need to know their habits, what they’re like, how they perceive the problem you’re solving, and if they are open to your solution. And, of course, be sure that customers really are willing to pay for your product.

Remember, though, that creating value isn’t sufficient. As a business person, you need to capture value. You need to understand your revenue model and how money comes in the door.

While many people see success in terms of money, Mr. Altahawi does not. “I judge my own success by how willing I am to face my failures, which come for everyone, and learn from them. Then I remember the lesson and apply it in the future. To me, that’s success.”

Imperium Group

Written by Imperium Group

Imperium Group is an American public relations firm focused on press placements and digital arbitrage, founded in 2016. Headquartered in Dallas, Texas. Imperium Group collectively owns over 100 sites and generates tens of millions of impressions every month.

NaijaVibe Presents The Latest Nigerian Pop Culture News

Patel Aakash, the Young Entrepreneur With Huge Digital Presence