In this episode of the Dr. B Show, Dr. B interviews David Olivencia, the CEO of Angeles Investors, a successful angel investor, best-selling author, and accomplished executive. David shares his journey from growing up in a blue-collar Puerto Rican family in Southeast Chicago to becoming a prominent figure in the tech and investment world. He delves into his academic background in electrical engineering and business, his extensive career at leading companies like Accenture and Oracle, and his profound involvement in nonprofit boards and mentoring. David also discusses his passion for startups, offering insights into his venture, Angeles Investors, and its mission to support Latino entrepreneurs. Furthermore, he emphasizes the importance of networking, education, mentorship, and AI in today's dynamic business environment. The episode concludes with David sharing valuable advice for new startups and entrepreneurs, highlighting the significance of persistent effort, effective communication with investors, and leveraging AI in business operations.

KEY TAKEAWAYS

• David's Background: Born and raised in Southeast Chicago, from a Puerto Rican family. Overcame various challenges and became the first in his family to graduate college.
• Career Path: Rose from roles in tech consulting at Andersen Consulting (now Accenture), Oracle, and Verizon to senior executive positions.
• Angel Investment: Founder of Angeles Investors, focusing on funding and mentoring Latino startups.
• Education's Impact: Emphasized the importance of education, obtaining degrees from Rose-Hulman, Harvard, and Notre Dame.
• Mentorship Value: Stressed the importance of both receiving mentorship and mentoring others.
• Networking and Board Roles: Authored a book on networking excellence and served on several boards, gaining valuable insight and connections.
• AI and Startups: Highlighted the significant rise of AI startups and its disruptive impact on industries.

QUOTES

• "If you love what you do, it's not work. Usually, I'm having fun, I'm having a ton of fun."
• "I always tried to find those things over time and looked at those also as tools to build networks."
• "You should communicate with your investors good and bad, but do it regularly and succinctly."
• "Life is about finding win-wins as many times as possible."
• "There's a correlation between those that regularly report to their investors and their success."
• "Everyone who's listening to this thing, if you're not using AI on a regular basis, you're really missing out."

Connect and learn more about David Olivencia.
https://www.linkedin.com/in/davidolivencia/

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