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Pop Quiz, Monday with Peter Saddington

The Pop Quiz, Monday is a fun little exam that we love to give to savvy business owners. The examination is not a surprise after all since the interviewee already knew about the questions in advance. However, we can always pretend and have fun with the scenario of a young entrepreneur sitting in class nervously biting on their pencil. They are ready to take a pop quiz on a chapter that they were supposed to read the night before. Instead, they played Metroid all night on their SNES (Oops, this was me in high school). The real purpose of the pop quiz is that this is a fun way to introduce business tips from real-world experiences that you can not learn in a classroom. We want to thank our entrepreneur for being a good sport and volunteering their time to answer a few questions to help our community grow from their knowledge.

I want to introduce you to our guest today who will be taking our Pop Quiz Monday.

Can you please tell everyone your name?
Peter Saddington

Peter Saddington
Photo credit: Peter Saddington

What is your job role?
Product at YEN.io

Tell us about your company?
YEN.io is the world’s first MEX (meta-exchange) which combines the power and features of a social network with multiple cryptocurrency exchanges.

What do you love most about your job?
The #cryptonation and the cryptocurrency community as well as bleeding edge technology in the blockchain.

What motivates you to get up every day and go to work?
We are changing lives every day by building the tools for them to participate in the next generation of finance: Bitcoin.

How do your co-workers inspire you?
I work with my best friends, which makes it a great joy to work and to play with them. Their honesty is what inspires me to grow myself, challenge myself, and shoot for the moon!

How do you have fun at work (team building, pranks, etc..)?
I work directly with the community at YEN.io, behind the scenes with content creators for our shared YouTube channel, DecentralizedTV (www.dctv.show), and entrepreneurs who are building cryptocurrency applications for the YEN platform or cryptocurrency in general.

Engaging with the community on such a deep level, daily, is the most rewarding thing about my work!

What are some of the challenges of your job?
We’re never building fast enough. We have made seven cryptocurrency applications in the past two years, and we need to develop more!

What are some lessons learned from a past project that you can share with us?
The speed of execution wins. The faster you build, the quicker you experiment, the quicker you will make mistakes, fail, and learn. The key to making informed decisions is to have as much data at your disposal as possible.

For example, The only way to truly understand your customer is to build features quickly and get feedback as to whether they like or dislike it.

It hurts to spend time on features that don’t work.

What advice would you give to someone who is starting in your industry?
The crypto industry is one of code. Learning to code will be a skill that the world desperately needs! Begin today! There are many great free resources like CodeAcademy.com and TheBitcoin.Pub.

Thank you for taking our pop quiz today. You get an A+ for effort. You can learn more about our interviewee and their business by visiting them on the web:

www.YEN.io
www.github.com/yenio
www.twitter.com/bitesizebitcoin

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Written by Ricky Singh, MBA

Founder & Editor of The Startup Growth

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