There’s a lot of hype surrounding blockchain. But before you start signing up for blockchain 101 consider this…
Cryptocurrency. Bitcoin. Blockchain… These words have garnered their fair share of both esteem and infamy. But are we really talking about when we use these words? What’s the correlation and (let’s be honest with ourselves), how can we use it to make money?!
Well, let’s take Blockchain. Essentially it’s just a database, albeit an ingenious and very popular one right now, that regularly updates -and continually reconciles- all information stored on it (files, spreadsheets, etc.) in real time (for lack of a better word). Two users (or more likely two million users) can be messing around – editing and changing information at the same time- with no loss or corruption of data. Which makes it ideal for keeping track of and implementing Cryptocurrencies like BitCoin.
And just like any new and interesting thing on the market that can be implemented in ways that potentially save or make millions of dollars , there are classes and courses sprouting up everywhere offering education and certification in Blockchain – makes sense right? Should you drop everything and learn Blockchain? Not necessarily…
To be clear, we are not taking anything away from Blockchain, it is an amazing database that has and will have some incredible applications. We just think you should consider all your options. And as for cryptocurrencies like BitCoin, we have some insight and friendly advice into that too. But that’s another post… in fact, this one…right here…
Chasing Tech Trends and Cryptocurrency Fraudsters.
You’ve heard the stories, no doubt; a friend of a friend, or maybe even your cousin (yeah, that one…) bought Bitcoin for pennies a couple of years ago and now they’re rich…like stupid rich… Then you turn on the TV and you see a bunch of twenty-somethings who took all the money, in what little savings they had, and just threw it at the bitcoin machine and BAM! Millionaires. Financial Companies on TV, newspapers or even YOUTUBE channels are recommending anywhere from a gentle toe-dipping to a full on swan-dive into the Crypto-Ocean…the CryptOcean? Or maybe riding the Cryto…CURRENT…cy? Okay, THAT was the last one, for real!
Of course, we all want to make money. We all want to be that person who had the insight, the investment know-how, that “gut-feeling” that paid off big time in the face of all the doubters and nay-sayers! Unfortunately, there are others out there that are literally “banking” on just that. In this video we want to touch on the possible pitfalls of chasing trends and the fraudsters that are waiting to take advantage of those who “get caught up in the nerd hype”.
Now just a quick heads up, we are not putting down cryptocurrencies, Cryptoinvestments or Blockchain, they are amazing databases, decentralized banking opportunities, etc… We just want to give you a little advice from our perspective. And it’s only a perspective, legally speaking, of course… We do not mean to give you financial advise or investment advice, let’s leave that to more qualified people, shall we?
I started my first company when I was 18, with no money and no connections. I was able to reach financial independence after a YUGE amount of trial and error. This course will help you avoid common mistakes, and reach your goals in a fraction of the time.
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The details and story behind the lesson
Action plan (when it makes sense) – how to use the lesson in the real world
The categories of business
10 business ideas
How to pick your business
Finding your niche
How most rich people get rich
Bootstrapped business vs raising money
Stef’s Top 3 Business Truths
Partners or no partners?
Working at home vs working at an office
Hiring people to work for you
Buying equipment for your business
Developing business workflows to increase profits and reduce headaches