Brian Armstrong

Principles are our summary of their public statements.

• Revenue as a Stepping Stone

  Strategy

  Current profitable activities should be viewed as necessary steps to fund and achieve a much larger, long-term goal.

  Supporting quotes

  • “If you try to solve every problem in the world, you're actually going to end up solving none.”

    “Companies often have the thing that makes money, and that's a step on the path to this longer-term vision.”

  1 more supporting quote is in the member records.

• Identify High Motivation Users

  Customers

  Early adoption of inefficient or complex technologies often depends on users who are highly motivated by their specific circumstances to make the system work.

  3 more supporting quotes are in the member records.

  Source Brian Armstrong on the Crypto Economy (Ep. 115), 2018  (opens in a new tab)

• Embrace Low Risk Aversion

  Risk

  An entrepreneur should be willing to try new ideas even if they are the only one in their circle who finds the concept interesting.

  1 more supporting quote is in the member records.

  Source Brian Armstrong on the Crypto Economy (Ep. 115), 2018  (opens in a new tab)

• Build a Peer Support Group

  Leadership

  Founders should invest in a small group of peers who face similar challenges to share lessons and maintain sanity.

  1 more supporting quote is in the member records.

  Source Brian Armstrong on the Crypto Economy (Ep. 115), 2018  (opens in a new tab)