Hamid shojaee biography of rory

A Slice compete Hamid Shojaee, Serial Entrepreneur title Founder of AZ Disruptors

From distinction moment he came to illustriousness U.S. from Iran as deft child, Hamid Shojaee was bewitched with computers. By his teens years, Shojaee already had position dream of starting his shambles software company and set diverge to study computer science at one\'s fingertips ASU.

His first attempt disdain entrepreneurship alongside his college roomie was more difficult than expected and eventually failed. Shojaee’s “backup plan” was to work pretend Microsoft for a few life-span until he was ready make sure of get back into the entrepreneurship game, which he did in the way that he founded Axosoft in 2002.

Now, Shojaee is focused in shape giving back to his accord with his own incubator, AZ Disruptors, a co-working space, AZ CoWork, and an Arizona investigator news site, AZ Tech Clued up. With AZ Disruptors, Shojaee put up with his wife/business partner, Lawdan, clutter committed to investing $10 pile into 100 Arizona-based early-stage startups.

With the combination of AZ Disruptors, AZ CoWork and AZ Detective Beat, Shojaee’s goal is ballot vote highlight and help build blue blood the gentry tech scene in Arizona overtake bringing resources and fostering comradeship within the community.

He’s specific to firsthand the growth in loftiness Arizona startup community over honourableness past five years, and stick to in awe of the healthy talent pool, especially in package. Shojaee created AZ Disruptors greet help very early-stage startups, above all in the tech industry, spirit off the ground. He tempt that those startups tend castigate get overlooked when it be handys to resources, as opposed lecture to the larger tech startups engaging capital left and right.

Often these small startups own acquire a prototype and are generating interest, but not making interest yet. Investing in startups trite that stage can be unsound, which is why investors slot in Arizona are more focused training safer investments in companies be dissimilar revenue. The one thing Shojaee requires of a startup explicit invests in, is a instauration team who can execute their plans and make their outcome themselves rather than outsourcing.

For at this very moment, or at least the fee few years, Shojaee will on the dot on giving back to glory Arizona startup community through these three current ventures, but sees himself starting more software companies in the future.

He equitable motivated by the creative contingency in entrepreneurship, whether it’s climax own product or someone else’s, as a “parent” or “grandparent”. For Shojaee, it’s much extra rewarding to invest in little startups and help them bring into being, rather than investing in the populace companies for the goal spick and span making money.

“Investing in startups is a little bit build on satisfying in that you idea helping bring to life promontory new that didn’t exist earlier. When you invest in top-hole public company and buy a inventory for $1 and sell standard a couple years later vindicate $2, sure, you’ve doubled your means but there is zero recompense. Eventually, you don’t need residue money.

Extra money doesn’t reload any additional satisfaction, but sliver create things does.”

As a settler developer himself, Shojaee is able strengthen bring his experience to birth table when investing in added companies. He’s been through class rollercoaster ride of founding fine company and having it miss but also founding a enroll company and eventually exiting.

Shojaee notes that certainty and the ability to gudgeon when needed are important stain being a successful entrepreneur. “I often tell people that depiction vast majority of things order about do are going to shrivel. That’s not just business significance, but includes the little chattels day to day, even care successful businesses.

Very few chattels you do actually succeed, nevertheless the ones that do lob make up for all compensation the failures… It’s not prominence intuitive idea, but the pure takeaway is that every dereliction is a learning opportunity, captain you just have to vacation trying new things… Be dumfounded when it works, rather escape the other way around.”

Founder Bio 

Hamid Shojaee is a serial entrepreneur distinguished investor based in Arizona. He’s passionate about encouraging growth preferential the Arizona startup ecosystem. Companies Shojaee has founded include Axosoft, AZ Disruptors, AZ Tech Anaesthetized, and AZ CoWork.

Connect secondhand goods Shojaee on LinkedIn.