A Beginner's Guide to financial freedom using crypto and Defi

Introduction:

The world of Decentralized Finance (DeFi) presents incredible opportunities, but for newcomers, it often feels like navigating a maze.

But most beginners don't care about that, or even think about it.

They want to learn the “best” skills.

They want to make more money to leave their job.

They want to have full control over how they spend their time.

They silently want to prove themselves to their friends and family.

Life's work?

Purpose?

Enjoyment?

Nah… that stuff comes later.

And that’s fine. That’s actually how it’s supposed to happen.

The problem then is beginners' blindness.

Most people who start a business don’t know how to start a business, obviously.

So they start searching blindly for businesses to start rather than deeply considering how they want to live and engineering a path to get there.

They start their journey with the same mind that was useful for doing well in school and getting a job, so they start looking for a new job to perform while learning like they were in school.

In other words, they try to build a business with the mindset of an employee, not an entrepreneur.

They study how to freelance.

They study how to start a social media marketing agency.

They study how to build an eCommerce store and run paid ads.

They build themselves in a new 9-5 and once again feel like they are strapped for cash and out of control of their day.

But this time, it’s worse. If they lose a client or stop working 12 hours a day, their income drops significantly.

They have no leverage. They feel trapped.

In this post, I'm going to give you a framework for approaching DeFi with clarity and confidence.

Understanding the Core Challenge

Many Web3 and DeFi newbies struggle to figure out how to build wealth within this complex ecosystem. They're looking for simple, easy-to-follow processes to earn passive income and connect with others on the same path.

Key Obstacles for DeFi Beginners

• Knowledge Gap: A lack of understanding about DeFi and its potential for building a financial legacy.

• Consistency: Difficulty in maintaining the consistency needed to create passive income streams.

• Information Overload: The challenge of filtering through vast amounts of information and leveraging it effectively with an open mindset to create multiple income streams.

A New Way to Approach DeFi

The good – With the internet and social media, business has drastically changed for the better.

More power to solopreneurs and small teams that will only get more powerful beyond the internet and social media.

The bad – Almost any beginner business information you find is still plagued with the old business paradigm.

The old way of doing things is to:

Choose a niche

Choose a customer avatar

Choose a skill

Choose a business model

95% of the time, people choose the thing that someone else tells them is the most profitable.

As a byproduct, they choose a niche they have zero experience with, work with people they don’t care about, learn a skill that doesn’t align with their interests, and pick a business model that sounds the flashiest or easiest.

Now, there’s nothing wrong with wanting to make money. But it’s completely idiotic to think that you can’t make money without sacrificing what makes life good.

What makes life good?

Investing attention in what you deem important and meaningful.

The thing is, “what you deem important and meaningful” evolves as your mind develops.

So if you pick a business model that always stays the same, you set yourself up for a life of misery.

In the old way of doing business, where money is placed as the first and only reason, you invest attention in people, projects, and skills that other people persuade you to believe are important.

The new way of doing business is to put your ideal life as the first reason, but not the only reason.

In this new way, you don’t choose a niche or skill or model, you:

Become the niche

Help your past self

Solve your own problems

Follow the highest leverage path, which involves changing business “models” as you progress

You don’t need “work life balance” because work and life collapse into one.

You get paid for being yourself. As it should have been in the first place.

When you realize that this has always been an option and that you were drawn to schools and jobs based on how your mind was conditioned to adopt the values based on your past life conditions, you can’t unsee it.

So you’re welcome for that. Enjoy the ride.

This path is a process where you develop yourself, share the value you’ve cultivated, and sustain your ideal life by packaging up solutions to your own problems and distributing them to people who were in a similar position as you.

With that, this path is only for those who value improving their mind, body, skill set, finances, and relationships.

This is a way of life, and if your way of life is laziness and mediocrity and quick fixes, you won’t make it, and probably wouldn’t have made it with any other form of business.

Finding Your Foundation in DeFi

To navigate DeFi successfully, it's essential to start with a solid foundation. This involves:

• Community: Connect with other DeFi enthusiasts to share ideas, ask questions, and collaborate.

• Education: Access beginner-friendly resources that explain the fundamentals of DeFi investing.

• Staying Informed: Keep up-to-date with the latest DeFi projects, news, and opportunities.

Introducing the Block Cycle Labs Community

If you're looking for a supportive environment to begin your DeFi journey, we invite you to explore the Block Cycle Labs Community.

Here's what you'll find:

• A welcoming community of DeFi enthusiasts.

• Educational resources to guide you through the basics.

• Updates on the latest developments in the DeFi space.

Try It Free!

We're offering a 7-day free trial so you can experience the value of our community firsthand. Join us on Skool and take your first steps towards DeFi confidence. 

We're Here to Help

Remember, the journey into DeFi is a marathon, not a sprint. By focusing on continuous learning and community support, you can achieve your financial goals in this exciting space.