Jed McCaleb understands that there is a need for more financial institutions. He has shared that there are over two billion people in the world who do not have a bank of their own. Those people should have options when it comes to banking. When someone without a bank of their own has to send money to someone else, they have to pay high fees just to send that money. Jed McCaleb knows that there is a need out there when it comes to finances and banking, and he is working hard to meet that need. He co-founded Stellar to help those people who do not have a bank to call their own.
There is a lot of thought that has to go into the work of figuring out and designing an organization such as Stellar, and there is a lot of thought that has to go into the programming work of creating something like that. Jed McCaleb is someone who prides himself on thinking through his ideas. He has shared that he has become as successful as he is because he is someone who thinks through his ideas and works them out in his head before he starts to live them out.
Jed McCaleb works hard on the ideas that he has so that the products that he puts out are great. He does not spend time worrying about whether or not people are going to like the ideas that he has and want to take advantage of them. He does not spend time working on marketing schemes that will help him get his products out there. He has shared that one thing that he has learned to do is to create great products and then let them market themselves. Jed McCaleb is not someone who focuses on the work of marketing what he has created.
Listen to Jed McCaleb: https://www.youtube.com/watch?v=GIMOrsPxlZg