✍️ The Success Story of the Founder of Binance
"Changpeng Zhao" (Changpeng Zhao
"Changpeng Zhao", known as CZ, is a Canadian entrepreneur of Chinese origin and the founder of the largest cryptocurrency trading platform in the world, Binance.
CZ was born in China and moved with his family to Canada during his teenage years. He worked at McDonald's and as a programmer to support his family.
In 2013, he sold his apartment in Shanghai completely to buy Bitcoin when its price was below $1000. It was a very bold move at that time.
In 2017, he founded Binance at a time when the cryptocurrency market was at its peak. In less than a year, Binance became the number one platform globally in terms of trading volume.
CZ became a billionaire in just a few years, with his wealth estimated in the billions today, and he has become one of the most prominent figures in the blockchain industry globally.
✍️ Lessons Learned
- Boldness in decision-making can make a difference.
- Starting from scratch does not prevent you from becoming a global leader.
- Believing in new technology before it becomes popular gives you a competitive advantage.