Stella Dyer is the cofounder and CEO of Millicent, a blockchain technology-based finance company funded in part by the British government. Dyer's aim is to empower people who struggle to access financial resources, making monetary transactions cheap and fast.
Yet the banking system made this almost impossible. Every financial transaction came with terrible fees and long delays. “The fact that the financial system is more difficult and more expensive to navigate for those with less money made me grow up with a strong drive to create a more prosperous future,” says Dyer.
After year working within the world of mainstream finance, Dyer became disillusioned and switched her focus to the charity sector. Her family’s Igbo culture places importance on community above individual needs. Dyer thrived in her role managing a $20 million gift to the Smithsonian National Museum of African American History & Culture during this time.
The greatest challenge Dyer faces with Millicent right now is advocating for regulation in the blockchain sector. Many companies in the space argue against her, as they prefer a laissez-faire approach. Dyer feels her personal background as well as practicing yoga and meditation help her to handle these high-stress situations.While many businesses struggled during the Covid pandemic, for Millicent it was a catalyst.
Dyer has found her life purpose through the work she is doing with Millicent, and wants to help other people do the same. She advises people to stay intellectually stimulated, keep an eye on their work-life balance, and ground themselves in community. “Ask for help, guidance and mentorship whenever you need it,” she continues. “You will be surprised with the willingness of many ‘unapproachable’ people to help someone early on in their career.
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