Smol reminder that project founders
- Are responsible for staff livelihoods
- Are responsible for community investments
- Are under constant regulatory attack
- Have minimal to no compliance guidelines or support systems
- Have no safe haven for their treasury and need to constantly be on high alert
- Never have reliable revenue streams (royalties disappearing out of no where for example)
- Operate in the most volatile industry known to man
- Have the constant anxiety that anything no matter how reputable could completely bottom out seemingly out of no where
I know it’s high risk high reward, but Jfc the people here 100% have the talent to work in another industry that allows them to sleep at night peacefully and still remain successful but do this shit anyway, largely for the love of it.
Just something to keep in mind.
Our leaders are corrupt
Our culture is poisoned
Our system punishes success and innovation
Our children can't do basic math, can't name the capital
TIME TO WAKE UP
America is a sinking ship
"Projects shouldn't charge royalties
Nor should they raise a lot from mint (they should be free)
and if they take VC money? Forget about it!
Projects need to think like a business. They need to sell software as a service to other projects who will pay for these services with the revenue they get from selling their services to other projects who will pay for these services with the revenue they get from selling their services to other projects who will pay for these services with the revenue they get from selling their services to other projects who will pay for these services with the revenue they get from selling their services to other projects who will pay for these services with the revenue they get from selling their services to other projects...
or they should start a casino!"
if you want someone to improve the worst thing you can do is set impossible expectations for them.
positive reinforcement is still the best strategy.
they make a step in the right direction, make them feel good.