Glen Wakeman, the founder, and CEO of LaunchPad Holdings was featured in an interview on Interview.net. LaunchPad is a venture that helps entrepreneurs and startups implement their ideas with business planning software. Mr. Wakeman’s educational background includes studying finance and economics. He has previously worked in the financial industry for companies such as Nova Four and Doral Financial Corp. Below are some highlights from his interview with Interview.net.
One of the questions asked of Glen Wakeman was what is a trend that he finds exciting. Mr. Wakemen says that he is very excited about the application of machine learning in business. He says that machine learning is allowing large amounts of data to be analyzed to be used to make smarter decisions. It can also improve the speed and quality of business processes in many categories. Glen Wakeman is a bit concerned that all the big data and its analysis could have some ramifications on privacy and democracy. He believes there needs to political and philosophical arguments that will effectively regulate and limit machine learning. This is necessary so that democracy and privacy remain protected while benefits to business and science remain with regards to machine learning developments.
Another question asked of Glen Wakeman was how does he bring ideas to life (Wikipedia). One of the ways that Glen Wakeman brings ideas to life is by sharing his ideas with others and looking closely at their feedback. When Mr. Wakemen shares his ideas with others openly he can gauge much more accurately whether an idea of this can be a big hit, needs improvement or is best put aside. Glen Wakeman says that when you have a good idea, other people will usually catch on and try to support it. He also says that it is important to get feedback from people who disagree with you as well. If you can convince them of something, then chances are it is a very good idea with solid backing behind it (https://thebrotalk.com/businessman/glen-wakeman/).
The last question asked of Glen Wakeman during his interview was what is the best $100 he ever spent. His answer was on a Spanish language course. This opened his eyes to another culture and gave him a different perspective on life and business. It also allowed him to approach a Spanish speaking woman with confidence that would eventually become his wife.