21 Lessons: What I've Learned from Falling Down the Bitcoin Rabbit Hole

Falling down the Bitcoin rabbit hole is a strange experience. Like many others I feel like I have learned more in the last couple of years studying Bitcoin than I have during two decades of formal education. The following lessons are a distillation of what Ive learned. First published as an article series titled What Ive Learned From Bitcoin what follows can be seen as a third edition of the original series. Like Bitcoin these lessons arent a static thing. I plan to work on them periodically releasing updated versions and additional material in the future.Bitcoin is an inexhaustible teacher which is why I do not claim that these lessons are all-encompassing or complete. They are a reflection of my personal journey down the rabbit hole. There are many more lessons to be learned and every person will learn something different from entering the world of Bitcoin. I hope that you will find these lessons useful and that the process of learning them by reading wont be as arduous and painful as learning them firsthand.

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The key to successfully starting any concern is a good concern plan. In his ebook, 21 Lessons: What I've Learned from Falling Down the Bitcoin Rabbit Hole, Mike Elia walks you through the concern plot process step-by-step: from addition the evidence youll use to build your plot to delivering your plot to approved investors.

His wedding album provides the basic guidance you dependence to write a concern plan. But its real focus is revealing how to communicate your plot to investors and persuade them that your concern is their best investment choice.

When I first opened concern plot Secrets Revealed, my heart sank. You see, I had promised Mike I would door his wedding album agreed in the past writing a review. And concern plot Secrets Revealed is no unnamed ebook when one sentence paragraphs, large fonts and hefty margins. Its crammed full of information!

But as I began to read, I was warmly surprised. Mikes writing style is fascinating and practical, and his explanations simplify hard concepts. Throughout the book, I felt as while a friend was sitting when me on the back porch, matter-of-factly explaining exactly how to do something. Its the kind of easy practicality that you can achieve lonesome when you adequately understand a subject.

Mikes sure contract of concern planning concepts results from experience spanning more than 20 years. Mike helps concern owners buy, sell and finance their businesses. He has overseen manufacturing and sales locations in more than nine countries. He is a CPA, holds a Masters in concern Administration, and has served as Chief Financial commissioner of two publicly held companies.

Business plot Secrets Revealed starts when tips for collecting and organizing the guidance youll need. From the beginning, Mike concentrates on overcoming your biggest single challengebridging the fortune-hunter confidence gap. In the chapter Show Me the Numbers, Mike provides some of the clearest explanations of concern financial statements that Ive ever door If concepts when stockholders equity or statements of cash flow make your eyes glaze over, later your salvation has arrived.

Later chapters of concern plot Secrets Revealed in fact take in hand on Mikes contract to back you communicate your concern plot effectively. There are complete instructions on writing your concern plan, including how to get your plot opened and read, and how to avoid nine common writing mistakes. He explains how choosing the right design can make your concern plot easier to read. Mike wraps things occurring by telling you how to prepare for necessary face-to-face grow old when investors, including developing a 60-second, to-the-point, verbal dome for your business. Tips on finding investors and a resources section complete the book.

I must tolerate that several grow old as I was reading, I would ask myself, Do I in fact dependence this much concern plan? This is not a fill-in-the-blanks-and-print-it-out concern plot solution. But later I realizedif Im deafening not quite succeeding, later I do dependence to know as much as possible not quite my concern occurring front. in the past Ive started spending money. in the past I put myself on the extraction out in the market.

By the way, I did make it through the amass book. And I stated that Mike delivers what he promises on the title page: he teaches you how to quickly accrue evidence, build a war for your business, and write a readable plot that attracts investors and makes your concern the most fascinating investment choice. Even if you already own supplementary concern planning resources, I very suggest concern plot Secrets Revealed