RINGKNOCKER Virtual Meetup #56 with Ron Poe
The guest speaker at this week’s RINGKNOCKER Virtual Meetup is Ron Poe (USNA ’92). Ron is a founder of Securrency, which is laying down the transactional and compliance rails on which all future value will move efficiently, connecting markets, enhancing liquidity, and expanding global access to capital and finance. Think institutional finance on the decentralized blockchain. Securrency is designing the global financial system for the rest of the 21st century, and they’ve found powerful alignment: Securrency just announced its $30M series B round of financing.
Ron is joining us this week to share some hard truths about entrepreneurship.
In the 1950s, economist Joseph Schumpeter articulated the creative destruction of economic innovation and the business cycle. But economists live in the abstract, whereas entrepreneurs have skin in the game and experience real suffering when it gets burned off.
This is Ron’s message: entrepreneurship may be a game, but it is a game at the level of gladiatorial combat. The pain is real, and the wounds are often mortal. While we thrill to Roosevelt’s Man in the Arena, we often forget that the blood on that man’s face is his own.
Ron’s point is not to scare you away from entrepreneurship… unless you should be scared away. His goal instead is to arm you with reasonable expectations. In the accelerated modern economy it is easy to create an endless playlist of success stories: entrepreneurs who leaped from cocktail napkin to angel investor to Sand Hill Road without ever touching the ground. But life in the trenches of modern entrepreneurship is more often an exercise in grit and humility. It’s hard enough when you are not expecting cookies and unicorns.
Ron will also offer practical advice from his own experience: postures that slip the full force of the most dangerous threats, and strategies for avoiding the worst of them. If you are creating something new in the world, shipmates, take notes.
DON’T MISS THIS ONE!