Saturday, October 29, 2016

Success Story of a Leader & Technology Innovator (speaker #6)

CEO Series 6th guest speaker was Engineer Diosdado "Dado" Banatao. The event was free and open to the public and I was fortunate to attend even it was held on a Friday morning.

Engineer Dado has a wide experience as an entrepreneur and invented the chips that we used in our mobile and laptops. He is the managing partner of Tallwood Venture Capital. With three kids from Maria, 2 Engineers and 1 Fashion Designer.

I was amazed of the life story of Engineer Dado. It's a rags to riches story. He came from the North of Cagayan Valley Province. His father was a rice farmer and he was really hardworking so that his children can finish their studies. He studied high school at Great Glory of God where he learned his arithmetic skills and no memorizing but instead they count things like an abacus. Then he went to Ateneo de Tuguegarao where he started to learn from the Jesuits. He studied high school at the age of 11 and done his home work alone. After high school, he studied at Mapua Institute of Technology and passed the board exam. After college, he started to looked for the job but can't find the right job for him. In addition, he turned down the job offer in Meralco. Instead, he found an interesting job in Philippine Airlines as a trainee pilot.

photo credit: Ms. Pia Manalastas

Engineer Dado worked at Boeing 747 as a Design Engineer in Systems Integration Department for the company's new commercial airliner where he also learned a lot from the company. When he got bored, he wanted to study again and go back to graduate school. He took the Graduate Study Program at University of Washington for 18 months, where he was full time student with full salary for two hours worked. Then he transferred to Stanford University where he learned a lot from his Master Degree in Electrical Engineering and Computer Science and this was the beginning of who he is today. The school have good program in computing architectures and the beginning of Silicon Valley, the chips that they used.

Six (6) years later as a Design Engineer from different individual contributor managing small group, then he started his first company. Unfortunately the company failed because it ran out of funds. However, he didn't give up. With the same idea and starting from scratch again, he improved the second company and offer it to the public and this is the beginning of his innovation. He studied the PC upside down and he didn't give up and took it as a challenge, the more difficult the probabilities, the more they stay in their office.

He encouraged the students to study reverse engineering as well as do some designs and challenge themselves to do something new. Most of all, he emphasized that they should not give up; there will always be challenge in life. Its either you give up or challenge yourself. If you give up, you're done.

According to Engineer Dado, if you are in the technology field, in future we only worry about the eradicating poverty and the only known solution is economic development. And the only solution to economic development is sustain growth. Development is innovation and the solution to innovation is to have the experts. In addition, there is a wide gap between the rich and the poor, and the only know solution to disrupt that is entrepreneurship.

He wishes that before he die, he sees a progressive country with a government funding the right thing such as the Institution like the University system and doing the right thing in considering the innovation.

I've learned a lot from Engineer Dado and one of this is hard works really leads to success. Let us continue to pursue our dreams, ambitions and aspirations in spite of adversities in life. We should dream, believe, act and achieve.

Kudos Engineer Diosdado Banatao! May you inspire more Filipinos. 

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