Episode 15: Confessions of a Serial Tech Entrepreneur with Michael Hyatt

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This is a podcast episode titled, Episode 15: Confessions of a Serial Tech Entrepreneur with Michael Hyatt. The summary for this episode is: Serial tech entrepreneurs who have built successful companies time and again have deep knowledge and expertise. When you can get them to open up and reveal their secrets to success it’s a great opportunity to learn. In this episode, Ben Wilde interviews Michael Hyatt, the founder of BlueCat Networks and Dyadem, as well as a well-known investor and speaker, and one of the hosts of the TV show Dragon’s Den. Find out what it takes to succeed in today’s cut-throat tech world. You'll hear about: -Working on your strengths and partnering for your weaknesses (3:35) -The importance of hiring big egos and letting your people make decisions (4:20) -Why autonomy and purpose are the keys to retaining top talent (6:48) -How to hire the right people (8:13) -Why tech companies need to be able to pivot (10:35) -The characteristics of great board members (13:04) -Some of Michael's biggest missteps and lessons learned (15:57) -The difference between good and great products (19:06) -The importance of security as a fundamental product feature (21:28) -Emerging opportunities in the life sciences(22:52) -Why you should and shouldn’t be worried about technology (26:13) -Why humans are bad at predicting the future (29:20) -The massive opportunities yet to emerge online (31:16)

DESCRIPTION

Serial tech entrepreneurs who have built successful companies time and again have deep knowledge and expertise. When you can get them to open up and reveal their secrets to success it’s a great opportunity to learn. In this episode, Ben Wilde interviews Michael Hyatt, the founder of BlueCat Networks and Dyadem, as well as a well-known investor and speaker, and one of the hosts of the TV show Dragon’s Den. Find out what it takes to succeed in today’s cut-throat tech world. You'll hear about: -Working on your strengths and partnering for your weaknesses (3:35) -The importance of hiring big egos and letting your people make decisions (4:20) -Why autonomy and purpose are the keys to retaining top talent (6:48) -How to hire the right people (8:13) -Why tech companies need to be able to pivot (10:35) -The characteristics of great board members (13:04) -Some of Michael's biggest missteps and lessons learned (15:57) -The difference between good and great products (19:06) -The importance of security as a fundamental product feature (21:28) -Emerging opportunities in the life sciences(22:52) -Why you should and shouldn’t be worried about technology (26:13) -Why humans are bad at predicting the future (29:20) -The massive opportunities yet to emerge online (31:16)