Michael Hagele, a prominent lawyer, was recently interviewed by IdeaMensch. Michael serves as outside counsel for several companies in the aerospace, defense, biotechnology, and internet industries. He has extensive experience with drafting and closing technology, negotiating, license distribution and development agreements in both software and hardware.
Previously, Michael worked with several internet companies backed by venture capital. During his time working for these companies, he handled legal affairs for them including intellectual property strategy, merger, and acquisition strategy, and employment issues. He is also a founder and investor in several firms in the restaurant and hospitality industry.
According to Mr. Hagele, the single most effective thing he does to increase his productivity is to put the customer first as an entrepreneur. Michael considers it to be critical for attorneys to put their client’s first because their businesses or even lives are often on the line. Making it essential as an attorney to make sure that you are always thinking about what is in the client’s best interest.
During the interview, he discussed one thing he thinks every individual should do, Michael recommending that everyone make time for exercise in their busy schedules to recharge and stimulate their creativity. According to Michael, anything is good as long as it gets you moving. Concerning entrepreneurship, Mr. Hagele discussed the use of social media to help build businesses.
In response to a question about what trends he finds exciting in the technology industry. Hagele spoke about the intrigue of Artificial Intelligence, and it’s applications. He is excited to be an investor and adviser to a new company that works with nonprofits to find the most efficient use of their funding. They are using machine learning algorithms to explore available data to find relationships and patterns. These relationships and patterns can generate new crucial insights into the program. These insights can lead to ways to reduce costs, optimize program results. Moreover, they can also serve as evidence to justify expanding programs.