Mr. Andy Altahawi, Helping Entrepreneurs Start Their Businesses

“The entrepreneurs I serve come from every walk of life,” Mr. Andy Altahawi says. “Some of them have been CEOs of other companies for years while others are just getting started in business. No matter what their background may be, though, they have three things in common: they are passionate about their idea, they are nervous about getting it out to the public, and they need help navigating the laws governing startups. It’s my job to help them with number 3. The beginning of a company is a very tricky stage to navigate correctly.”

Mr. Altahawi is the owner of a one-stop shop for entrepreneurs who need help getting through the complex process of getting their businesses off the ground. With his decades of experience in law and finance, he helps startups understand the legalities associated with structuring, mergers and acquisitions, building and selling syndicate groups, private offerings, SEC filings, regulatory filings, and going public. 

Mr. Altahawi’s clients have found his professional experience invaluable. 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. 

Part of Mr. Altahawi’s knowledge comes from his legal background. “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’s success comes from his own entrepreneurial experience. “I actually started three companies: Adamson Brothers; Lavish TV, a fashion TV network; and Dandana TV, a music TV network,” he says. “Because I have been through the startup process myself, I understand what new entrepreneurs face. It gives me the ability to see the process from their perspective and really help them through it.”

Mr. Altahawi knows the challenges entrepreneurs face and has his own perspective to share. “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.”

Mr. Altahawi keeps an eye out for ideas that are especially good and tries to nurture them. “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.”

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. Altahawidy enjoys giving other entrepreneurs suggestions on how to bring their ideas to market. “It’s not about the ‘what.’ It’s about the ‘why.” 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.”

Ultimately, Mr. Altahawi loves his work because of the smiles that he receives. “There are a lot of jobs where you have to deal with unhappy people,” he says. “This isn’t one of them. When everything is finished, my clients leave ready to take the next step with their new businesses, and I know I have really helped in their success.”

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