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Published Sep 28, 2023

How Jason Yanowitz Bootstrapped Blockworks To A +$20M/yr Company

Jason Yanowitz shares his journey of building Blockworks into a $20M+ crypto media powerhouse, delving into conference strategies, entrepreneurial growth, and the evolving landscape of cryptocurrencies. Hosted by Sam Parr, the discussion offers invaluable insights into maximizing event profitability and the transformative potential of the crypto industry.
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Episode Highlights

  • Crypto's Future

    The potential future of cryptocurrencies sparks diverse opinions. believes that regulation isn't the solution to diminishing U.S. power, but rather, crypto offers a path to a better future 1. shares a more skeptical view, supporting major players like Bitcoin and Ethereum but dismissing much of the space as scams 1. Jason reflects on the entrepreneurial journey, emphasizing that initial visions often evolve, and success comes from persistent effort rather than a grand plan 2.

    We took 1ft in front of the other day after day and, like, slogged it out, and that's how you build your first company.

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    He also highlights the potential for innovation in crypto, likening it to the early days of other transformative industries 3.

       

    Investment Strategies

    Investment strategies in the crypto space are marked by high conviction and risk. Jason expresses deep belief in crypto's potential, viewing it as a prime industry for risk-reward balance 4. Despite the volatility, he maintains a significant portion of his portfolio in crypto, driven by a desire to avoid future regret if crypto succeeds 5.

    It's this cheesy Jeff Bezos regret minimization thing. It's like, you know what would kill me, Sam, if I didn't have any of my personal money in crypto, and crypto went the way I think it's going to go.

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    He believes crypto offers a way out of current systemic challenges, aligning with broader historical cycles of change 6.

       

    Crypto's Dark Side

    The cryptocurrency industry faces significant challenges, including scams and volatility. Jason acknowledges the presence of opportunists in the space, comparing it to historical patterns in emerging industries 7. He notes that while many early entrants were scammers, those remaining are committed to the industry's future.

    Anyone who's still in crypto is not a scam artist. It's too that no one, no one operating in a market that's 90% down trying to scam people.

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    Sam and Jason also discuss the shady aspects of marketing within the industry, drawing parallels to multi-level marketing tactics 8.

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