Hi everyone, we are back with another episode of our podcast allowing you to get to know people working behind the scenes of the crypto industry. Today we are joined by Byron Wolfe. Byron is Chief Financial Officer for an INC 5000 company and is the fractional CFO of various companies with annual revenues from 3-25 Million.
Welcome to the 143rd episode of the Inside Crypto Podcast. This episode was recorded on April 13th, 2023. Byron discusses what crypto educators have been getting wrong this past year, what we need to do to get people on board, and how businesses need to focus on the things that matter.
Thanks, everyone for listening, and don’t forget to tune in next week when we interview Zenobia Godschalk, the SVP of Communications at Hedera Hashgraph.
Topics Covered Today:
Byron, looking through your bio, one of the things that pop out is that you are able to explain complex things simply. A portion of our audience is still curious about crypto. How would you explain it to someone who doesn’t?
What’s the feeling amongst crypto businesses you have spoken to over the last year? Are they still believers that this is a cycle?
One of the things you talk about is the focus on profit rather than revenue. Why do you make this distinction and do you think crypto companies are succeeding at this?
So I’m a crypto startup. How do I figure out what is important?
Given the huge drawdown in prices from their 2021 highs. Why are budgets so important?
What sort of mistakes do you see founders and business owners make? What should they be doing?
With the current regulatory environment, do you foresee U.S. crypto businesses’ moving abroad?
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