INSIGHT

What is the most important quality for a successful leader?

WEK: Leadership is going to be defined by the team that he assembles and a true leader is someone that can build a team that has the patience, the integrity, and the work ethics to actually see the vision of what it could possibly be. It takes five years to build a company and 10 years to build a brand. So really in essence, you can build a company, but it’s not successful until it becomes a brand. And if you have a brand, that’s where you have Coca-Cola compared to RC Cola. One is successful, one is not.

Now looking at where you have to be as a company and to be successful, you have to try to hire everybody in that group that you think is better than you and not be afraid to promote success. Because if you are afraid and you try to hold people down, it’s like money and I tell people money’s like water. If you try to cup it, it evaporates. If you try to hold it in your hands, it goes through your fingers and you lose it. The only thing you can do is you can direct it. And if you direct positive channels into positive people, it comes back bigger, cleaner, and better.

What are your thoughts on BlockChain Technology?

WEK: The future is in blockchain. I think that if I had to look at what currency it’s going to be based on, where the proposition for change is going to be in the ability to transfer ownership of that one item or security to another person that has future value. So you can look at what you see in CryptoPunks & BoredApes and the fact that here’s something that was created and the rarest of the rare ones go for over $2,7 million. And why is that? It’s because of the rarity, the fact that it’s a chain of ownership. What I believe is that whether it be tickets or artwork or anything, when you go buy a hockey ticket for the ACC or you go buy a concert ticket, it’ll be done through blockchain, it’ll be an NFT that you’ll be able to save on your phone.