Ross Kolodyazhnyi, an entrepreneur and founder in the FinTech and blockchain industry, discusses his experience in creating and growing companies in these fields. He emphasizes the importance of implementing new technologies in a way that brings value to users and improves their lives. Ross also shares his insights on the integration of Web3 and Web2 technologies in the finance industry, highlighting the need for traditional finance to embrace blockchain and cryptocurrency. He discusses the role of regulations in these industries and the importance of understanding the risks and value behind different assets. The conversation covers topics such as the hype around cryptocurrency, the comparison between traditional banking and cryptocurrency, the formula for company success, the importance of luck, and the impact of books on personal and professional growth.

Takeaways

• Implementing new technologies should focus on bringing value and improving users' lives.
• The integration of Web3 and Web2 technologies is essential in the finance industry.
• Regulations should be balanced to foster innovation while protecting consumers.
• Understanding the risks and value behind different assets is crucial for making informed investment decisions.
• Assess the hype around cryptocurrency and understand the risks involved before investing.
• Traditional banking has also sold people on complex financial products with risks.
• To be successful, work smart and focus on core activities that will bring leverage and desired outcomes.
• Increase your probability of luck by meeting new people and sharing your work.
• Read a variety of books, including science fiction and business books, to broaden your imagination and gain knowledge.
• Building a successful company requires thinking, building, scaling, and repeating, as well as learning from books and experiences.
• Luck plays a role in success, but it can be increased by being conscious and taking action.
• Books can provide ideas and insights that can be applied to personal and professional growth.
• Reach out to Ross Kolodyazhnyi on LinkedIn or Twitter for opportunities, questions, or collaboration.

Chapters

• 00:00 - Introduction and Background
• 02:15 - Creating Value with New Technologies
• 06:01 - Explaining New Technology to Traditional Clients
• 08:32 - Balancing Regulations and Innovation
• 11:37 - The Integration of Web3 and Web2 in Finance
• 23:25 - Regulations and Safety in the Crypto Market
• 29:54 - Educating the Market on Different Cryptocurrencies
• 36:31 - Assessing Risks and Value in Investments
• 38:15 - Comparing Traditional Banking and Cryptocurrency
• 44:05 - The Formula for Company Success
• 53:08 - The Role of Luck in Success
• 56:03 - The Impact of Books on Personal and Professional Growth
• 01:05:02 - Connecting with Ross Kolodyazhnyi for Opportunities and Collaboration