Start every morning with the best

Intro to Entrepreneurship class ever.

You may find that working consistently on a project is tough. How do startup founders stay focused all day every day for years on end? The answer is that they have dedicated systems, or habits, that allow them to do what they need to without thinking about it. It just happens.

For example, they may deliberately set aside three hours every morning to work on their project. Pretty soon, this becomes a habit and seems like second nature.

We’ve found that habits are a strong differentiator amongst entrepreneurs. Not much is different between you and great CEOs besides the habits each one of you has incorporated into your day-to-day routine.

On a basic level, that means asking these questions: do you wake up early and seize the day, or do you sleep in? Do you jump right into a project you have, or do you wait? Do you actively maintain personal and professional relationships, or do you ignore them?

Imagine a large auditorium filled with hundreds of people and they all have clipboards.

One person goes up to the front, leans into a microphone, and says: “My name is Riley and I am going to pay Michael 5 bitcoin.” Now, everybody writes down that Riley paid Michael 5 bitcoin on their clipboards.

Change every person in this scenario into a computer, and that’s what blockchain is. It’s millions of computers recording who paid who what, thus making it incredibly difficult to fake a payment or make up a transaction that simply didn’t happen.

Now, this doesn’t seem that groundbreaking, but what’s important is that this system is super reliable and totally decentralized. This means anywhere you have records, data, or certifications, you can make them nearly impossible to fake without trusting a central organization, like the government, to keep them for you.