I love Mexico's businesses, they have that magical part of Latinos, but they have the pragmatism of first world countries, and as such, direct and frank was my meeting in that majestic meeting room of a brokerage house in Mexico, everything happened quickly, my friend and a couple of partners released all the artillery they had in less than 10 minutes, they asked me and they asked me, even in a thesis defense in the university I felt so depressed, but something must have gone well , they were comfortable with what we talked about, they looked at their faces and they said it openly, they knew where the market was moving and they knew that they had in their particular case, that moving faster than the big financial companies, they should Take advantage of the fact that it is more difficult to move a 50-story tower than an office with a few floors. In short I received the blessing and they invited me to lunch, which in Mexico is quite a show, but we are not in a gastronomic guide and as usual there was no more business talk. I was ready to go to Caracas.
I had already validated the most relevant thing that was for me at that time, the commercial, technical and financial, should continue reading how much information I got on the networks to keep me alert of any new developments in the field of cryptocurrencies, a great help was at that time the BITCOINTALK forum, I still did not decide to register, I did not feel ready or moderately ready to face criticism, and I was sorry to ask stupid questions, I never liked and I had noticed that the forum was at least intolerant to certain types of questions and questions. So I decided to continue as an observer and reader, this situation would not change at least in the next year, it would be my bedside book, but secretly.
When I arrived in Caracas, I finally had to sit down and calculate not only what had been spent so far, but what I had lost from the company along the way and, above all, calculate how to proceed and how much that would cost. Logically, I still had to negotiate the price with the designers and needed a plant economist, as well as a technician for network administrator, post and services, without forgetting that we were in the XXI century, needed someone to manage social networks . On the same table I had what would be the draft initial chart and a statement of my bank, I had to reconcile those accounts, keeping in mind that I had to keep my family safe from any risk, and the news about cryptocurrencies in Venezuela had started to run.
They had already left at least a couple of coins with the accent that they were completely Venezuelan, I do not know why the effort to categorize things, it sounds more than wanting to penetrate a segment, they want to deceive only some of them, I started to shyly approach these projects, always in the shadows, what a disappointment, they were all a scam, they were the most popular model in Venezuela, to seek to do money laundering for great people who have benefited from the oil country. For those who do not know, in Venezuela speaking of a 5% profit is not viable, people want to earn at least 30% and all that in 30 days or less. What makes that to meet these requirements everything sounds like a scam, pyramid or at least cheating. At that time entering any of the new exchanges was relatively easier, so these currencies were even being placed in said Exchanges, unfortunately with the only idea, to convert local currency into foreign currency. They did not have, nor do they have to date, this utility and the creators do not have and can not sell clear for what they were created. They are something like the theory of, because the cat licks itself? Because he can.
Obviously after this analysis, I realized that I would not find a local partner with my same intentions, I was not proposing a high profit business in a short time, I was proposing a long-standing company, I definitely could not be born as a business or company Private capital, we had to resort to an ICO, it was the first time I thought about it, although without much enthusiasm. This logic put at risk all my capital, a strong bet, but I still did not know how much the members of the missing group would charge me, so to be able to estimate the whole, as they say in the town of my popes, the evil happened to hurry .
Quick and without any delay, I met with the designers who had recommended me, I told them that the project was going and what I was trying to achieve, I still remember their faces, they did not understand half, and the other half I think they still think about it. , I summarized it in a corporate image and something creative that I had in my head, after explanations and clarifications of rigor, we went directly to the verb, How much do you want? And why so much? The answer was clear, cash, constant and sound, typical of Venezuela, after a talk, get down the costs a little, in exchange for effective participation in the project once it manages to capitalize something. They accepted although I still think they do not know what exactly they accepted. The meeting with the economist was not very different, with the exception that she understood a little more about the topic because of the similarity to the topic of international finance. The result was also an amount in cash and a stake in the company, so I only had to specify with the common friend of the technical director and me, to direct at least the communications, since I knew that I would have to be actively involved in all this. , I cite it with the social network administrator I had chosen, which would start immediately, that negotiation was direct for an amount without participation in the company, otherwise with the director of internal communications, who would work for the pure participation in the company And so, we started the adventure.
So far the result, was that I had lost at least 3 parts of the company, spent a few thousand dollars, was far from my family and even the trip had not started, but we had to get down to work immediately.
Cite everyone involved to a first meeting, where I would show them the work plan I was working on, and thus be able to open channels of communication among all, my partner, who was not the object of any of this yet, wanted him present as a witness everything, a little so that he was aware, and also as a lawyer, if something happened, he was aware. The simplest part had begun, I explained my vision of the business to the designers so that they could give a first approach to a corporate image and I sat down with the Engineer to explain that he wanted me to make the coin and evaluate the possible Blockchain. Both things happened relatively fast, the commitment was to see first advances in a week or less. Thing that obviously did not happen, we took a lot more and this was added, that was coming year end, and in 2017 was just around the corner.
I decided to make a meeting more progress, assign tasks and start a period of rest for new year, to resume activities in January, it was a break of more than a month, but I needed that moment of reflection with my family, I was beginning to see that was coming, what was to invest was not little, much less for a single pocket, had been reviewing international legislation and it happens that half of what was coming in the Bitcoin Forum was illegal, could not do or did not understand because they did it, if mathematically or financially they put the value of the project at risk. Additionally, the evaluations and comments in the ICOs were the most biased I had seen, all were evaluated in terms of achievements and technical advances, the most radical ones evaluated them based on their speculative benefit, I felt a coldness in my body that ran through me. the head to my wallet, it was clear from the beginning that the offer in our case was not based on anything of the above, is to facilitate the use and its overcrowding, coupled with that for some romantic reason I added the education as an additional. I still remember that feeling of fear in presenting a proposal to a group of people perhaps better prepared than me, obviously I could not go back to university at this point, I had my current degrees, where titles specializations and masters seemed not to have much weight, The only thing that really counted was my experience and what I had saved so far, there was no specific legislation or literature, but I was not going to give up, I thought there was something good there and the fear was an unequivocal symptom that something good was about to happen , the only problem is that times sometimes give us better lessons.
To be continue…