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Professor Mende - Bonuz Ecosystem Founder
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With Eljaboom and Vineeth from Cypher Capital
during the Animoca event at the Cypher Hub!
The fun facts:
- Both invested into Bonuz!
- Eljaboom is the largest Investor of Bonuz!
What can you take out of this?
Honestly, download Bonuz and create your free onchain social id! Bonuz is supporting Binance Smart Chain!
#bonuz
#bonuzmarket
#bonuzrevolution
#Election2024
#bitcoin
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5000 days ago, $1 could buy you a #Bitcoin Today, $99K buys you one. The USD is collapsing. Don't let them lie to you. by Michael Saylor #btc #bitcoin $BTC
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INSANE STARTUP TIPS for FOUNDERS from SAM ALTMAN 1. Get to know your users really well âThe best founders do customer support themselves. They go visit their usersâin the case of Airbnb they go live with them. You want to get to know your users really really well.â 2. Have a short cycle time & understand compound growth âThe cycle here is basically: talk to customer to understand pain point â build product to address that â get that in front of user â see what they do â repeat cycle. This cycle is how you iterate and improve. The law of compound growth being what it is: if you can get 2% better every iteration cycle, your iteration cycle is every four hours rather than every four weeks, and you compound that over the course of a few years, youâll be in a very very different place. Make it one of your top goals to build one of the fastest iterating companies the world has ever seen.â 3. Make a long-term commitment âMost companies have a 2-3 year time horizon. But companies are almost always a 10 year project if they work. If you think about it that way from the very beginning, you will make very different and much better decisions. I think this is the only arbitrage opportunity left in the market. Almost no one makes a fairly long-term commitment to a new project. But if you do that, you will think in a different way, you will hire different people, and it will work very well.â 4. Stay lean until everything is working really well âIn the early days, when youâre experimenting and zig zagging, youâre like a fast little speed boat and want to be able to turn the whole company on a dime. You canât do that if youâre a big companyâcash burn aside, which is another problem. The flexibility of the company basically decreases with the square of the number of employees, so you want to stay really small until youâre sure things are working. Once things are working, then you can get really big.â
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Although the crypto market cap is only slightly above $3 trillion, it has the potential to capture $100 trillion by 2034, and there is still $97 trillion worth of wealth out there to capture. We are still so early, and we are only 3% of the journey. Enjoy this FACT, and now kindly download the Bonuz Social Smart Wallet in your app store or play store.
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