Jed McCaleb’s Path to Success

Jed McCaleb is the kind of man who is always trying to better himself. Between creating eDonkey, Mt.Gox, Ripple, and eventually Steller.Org, Jed McCaleb was looking for answers to common issues. On the website Idea Mensch, he was interviewed about his business and his personal thoughts. He first states how Steller was created to expand the reach of Bitcoin. Users can keep and exchange their currency on this platform. The concept has even been applied to other services around the world.

The next question asks him how to stay productive on the job. Jed McCaleb describes the “focused and reactive” method. He works hard for awhile, then reacts to the typical business duties. The top trend he his closely watching is the raise in A.I. technology. In order to further the study and development, he has donated a lot of resources into MIRI. The best way to stay on task is to simply have a plan, Jed McCaleb describes.

Jed McCaleb is then asked to reflect on various aspects of the business. The one thing he would do differently if given the chance, would be to reflect back on events in a more objective manner. He states that it’s better to focus on the big picture instead of targeting a small niche group. He reinforces that idea by saying its best to simply create good products for growing a business. Google Docs and StackOverflow are his go to resources to help run the business.

Most entrepreneurs have humble beginnings. They all take a stumble at some point. Jed McCaleb describes that its best to not let that bring you down. He has worked extremely hard to reach where he is. The knowledge he acquired from each company only prepared himself for the next step. It all comes down to staying focused. No matter whatever happens, only you can shape the future you want.

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