Jed McCaleb is not only a businessman and outstanding entrepreneur. He is also an individual who cares about the welfare of others. This is very rare in the world of finance as things tend to be a little cut throat and competitive. Through making changes globally, he has found a way to not only help himself but others as well. He does this through his organization Stellar.org.
But, he’s also a leader in other enterprises as well. Saying that he works hard for his personal and professional progress is an understatement. The details of how he provides his service and product to those in need deserve a closer look. The first thing to know about Jed McCaleb is that he feel strongly about using technology to even the playing field and improve the human condition for everyone.
He is the creator of eDonkey which acts like a file sharing Network. He’s also the creator of Mt Gox, which functions as a Bitcoin exchange. Another organization under his belt is Ripple. It’s all about recognizing the fact that financial structures across the globe do not serve everyone’s interest and actually doing something about it, instead of just waiting for the government to come up with a solution.
The goal behind all of these successes is to raise the level of financial literacy in communities by using open-source software. And when he’s not doing that, McCaleb dabbles just a little bit in the cutting-edge technology of artificial intelligence. Naturally for anyone who does so much, the big question is just how does he get it done and what does a typical work day look like for one Jed McCaleb.
The simple answer is that he keeps his teams small and easy to manage. This way, projects are completed more efficiently. He also understands his work modes as being focused and reactive. When he’s in focused mode, he grinds away at tasks such as coding and building. When in reactive mode, Jed uses that time to solve problems and make connections necessary to keep a business balanced. He finds that this give and take is the best way to keep himself most productive as an entrepreneur.