How To Leverage Your Network To Increase Your Net Worth In Crypto?
We have all heard the famous quote:
Your network is your net worth.
But 95% of the people have yet to learn what this means or how to implement it.
Last week, I was in Dubai. A place where materialism and superficiality are on a whole other level. Soul-crushing place! But doing business and connecting with people to grow your enterprise is great.
Long story short!
I attended several crypto events:
- Blockchain Life 2024
- Token2049
- Binance Clubhouse, etc.
I talked with dozens of people. I exchanged contacts with many of them and I learned a lot. And I grew my network.
Great! Now what? What is the point of having the Whatsapp, Telegram, or phone numbers of 100s of people if you don’t know how to leverage them in your favor?
Real life is not YouTube or Instagram where you make money according to the number of followers, likes, or views you have. You need to act and give them what they want so you can get what you want through them.
The most important lesson is everyone is looking for their interests. They don’t care about what you want, they care about what you can get them. At least in the business industry.
Understanding this makes your life easier because then you can handle rejection better.
Honestly, it isn’t difficult to understand what others want in a crypto event, whether they want to:
- Offer their service to make money
- Invest money to make money
- Ask you for funding for their project to make money
Ultimately, we know most people only want to fill their pockets.
Some people are more original. They want to become famous, attain power, or change the world.
Yes, some people want to change the world, and thanks to that Bitcoin is what it is today because someone wanted to change the world.
Anyway! Let’s go straight to the leading edge.
Dubai was great for me to make some connections. I met CEOs, founders, investors, developers, marketers, etc. I strongly recommend you start attending events on crypto or in any industry you are into.
The goal of this article is to give you an insightful way to leverage your network (friends, family, acquaintances, partners, colleagues, etc.) to increase and multiply your net worth.
Recently, I have been talking about this project called BBAChain. It is a layer 1 blockchain building a native ecosystem, among its innovative solutions it will offer financial products like DEX, CEX, Marketplace, Pay Adapter, Investment Fund, Wallet, etc, which is great because they are getting ready to compete in a very profitable market and I think crypto is still early so for sure there is enough place for more projects like this.
But also, they are aiming for something that can easily break the headlines once they go mainstream: “bringing elections to the blockchain”.
What is BBAChain?
BBAChain was just launched on October 2023, it was presented at the Blockchain Life 2024 event in Dubai and they are starting to make noise, not only because of the ambitious plan but also because it has an attractive opportunity for investors. You see! Most projects similar to this aim for VCs, Angel investors, or accelerators, but BBAChain is offering retail investors what big financial institutions usually take from a project.
“BBAChain is a layer 1 developing a financial ecosystem, aiming to bring elections to the blockchain, offering a revenue sharing program and all of that in a Web3 decentralized platform? Are you kidding me?
I’m surprised this is not in the TOP 3 of CoinMarketCap already”
This means anyone with a Metamask wallet can become a shareholder of BBAChain and receive passive income from the company’s profit for life.
In addition, it has a referral program to reward users who bring other investors into the project.
How is this possible? On average, startups spend between 15%-20% of their funds on marketing. How they use that budget depends on the company, some companies pay for social media ads, billboards, celebrities, TV, etc. BBAChain chooses to reward its community to expand the community.
In this way, every time a user invites someone else to join BBAChain, the referrer earns a 12% commission on the investment made by the referred. In other words, BBAChain is spending 12% on marketing every time someone contributes to the project. Genius!
Do you realize the potential of this?
It’s like being in 2009 and finding a revolutionary solution like Bitcoin with a referral program. We all talked and promoted Bitcoin, at least I did it so many times, but I never got a commission for the investment of my friends. :(
Now that we’ve found a promising project, we can use it to give our network what they want while we get what we want.
So here is the step-by-step:
- Create a list of people who might want to make some extra income
- Register on BBAChain.com and learn about the project
- Go to your Profile and find your Referral Code
- Spread the message to your network about the new project you just found
- Talk about it, get excited about it, show everything about it, and when they ask, give them your referral code
- They get involved, they win, you win. And they can also leverage their network to do the same.
Some extra advice:
Remember, the key is to provide value. When you reach out to your network, it’s not just about pushing a referral code. It’s about starting a conversation, sharing knowledge, and building on the excitement that comes with being part of something innovative like BBAChain. Your contacts will see your genuine belief in the project, which makes all the difference.
Networking With Intention
Networking isn’t just about gathering contacts; it’s about connecting with intention. Don’t talk only about business and work, try to go deeper. If people open up to you, it means they trust you.
When you discuss BBAChain or any other product with your contacts, focus on how it aligns with their goals. Are they looking for cutting-edge investment opportunities? Are they passionate about the future of blockchain technology? Or perhaps they’re interested in how blockchain can revolutionize societal structures, like elections.
Education Is Empowerment
Take the time to educate your network. Not everyone will be familiar with concepts like decentralized finance or blockchain elections. The more you can explain the potential impact and the workings of these solutions, the more empowered your contacts will feel to make informed decisions.
Foster Meaningful Conversations
Meaningful conversations can lead to meaningful investments. By discussing BBAChain’s unique selling points, such as its financial ecosystem and the revolutionary idea of blockchain elections, you can spark interest and offer a new perspective on the crypto industry.
Follow-Up Is Key
After the initial conversations, don’t forget to follow up. This keeps the dialogue open and reinforces the relationship. A follow-up can be as simple as sharing the latest news about BBAChain or offering to clarify any doubts.
Transparency Builds Trust
Be transparent about your intentions. Let your network know that by using your referral code, they’re also supporting you. Transparency builds trust, and trust is the foundation of any strong business relationship.
Stay Informed and Responsive
Stay on top of developments within BBAChain to answer questions promptly and accurately. Being a reliable source of information will position you as a go-to person in your network for crypto-related inquiries.
Conclusion: It’s a Win-Win
By leveraging your network intelligently and ethically, you’re not just looking to increase your net worth; you’re also providing opportunities for others to participate in a promising venture. It’s a win-win situation. Remember, the goal is to create mutual value, ensuring that your network becomes a robust, supportive community eager to grow alongside you.
As you continue to build your network with purpose and share opportunities like BBAChain, you’ll find that your net worth — both in financial terms and in relationships — will expand in ways you’ve never imagined. So go ahead, share passionately, share responsibly, and watch as your efforts turn into rewarding returns for everyone involved.
Thank you for reading and if you are curious about BBAChain don’t hesitate to contact me. Twitter: x.com/cryptointel_ai
I’m invested in BBAChain and if you want to register, you can use my Referral Code: ID18B28E1892CR
Disclaimer: This is not financial advice. This article is only my opinion.
