William Sato developed a deep interest in computers, including programming, at a young age. When he was a student at the University of California, Riverside, he even ran a software firm out of the dorm room he was assigned. His career since that time has been highly successful, including in 1998 when Ernst & Young, USA Today, and the NASDAQ named him their Entrepreneur of the Year in 1998.
Although he fulfills many professional roles his main one is as a venture capitalist. He has been the main investor in over 25 startup firms, helping them develop from the critical first days. He even once served as a key advisor to both the Japanese Cabinet and to that nation’s Prime Minister Shinzo Abe.
Since the early 1990s, William Sato has been at the forefront of technological development, especially when it comes to cybersecurity. He has been involved in developing cloud computing services as well as network security. He is considered one of the world’s top thought leaders when it comes to keeping computer systems secure including on the national level.
As a venture capitalist and business leader, he says that it is critical to search for failure from the start of any venture. One must be willing to take a risk and fail at it so that you can learn from it. William Sato says by learning from failure you can translate it into success. He also teaches this in his business management courses at both UCLA’s Anderson School of Management and at the University of California, Riverside.
One of the things about the education systems that he doesn’t like is that they don’t teach students to do active and purposeful failure. He says students spend years in classrooms learning and acquiring degrees but they don’t learn what it really takes to make a business successful. William Sato this involves starting a business, failing at, picking yourself up, and having another go at it.
He recommends that people get internships, goes overseas, starts a business, or just do something that makes you stand out from your contemporaries. By differentiating yourself and building a unique set of skills you will find a great deal of success just as he has.