# $ENIOLA 05: Time To Hedge

By [eniola](https://paragraph.com/@eniola-2) · 2022-10-06

---

_Hey peeps, last month the update was about the importance of building, even in not-so-ideal market conditions. There have been some unexpected pivots, chances and opportunities coming my way over the last 30 days or so. What I have learnt is always to be flexible and malleable. Founders and builders are typically individuals with a lot of conviction and belief in what they are building. This can sometimes be to a fault, blinding you from learning important lessons and making the right decisions, even if they’re not something you wanted to do or execute._ 

_I think I will dive more into this in my “final thoughts” section. But for the time being… let’s dive in._

### Month In Retrospect

*   There were no proposals for $ENIOLA holders to vote on this month. Monthly proposals will make a comeback.
    
*   Snapshot for $ENIOLA holders has been taken, and the infrastructure for utility claiming is being built.
    
*   I have worked closely with two investment DAOs over the last three months. Sharing my thoughts and giving advice to Africa3 and LimeDAO (the investment DAO of TechStars, and are currently raising). I have been made a Genesis Member of LimeDAO and hope to be a core contributor to Africa3 (or more).
    
*   If anyone has any deal flow or wants me to send investment deals their way let me know what you are interested in and I can help you.
    
*   My new secret project (Njord) has got a lot of interest and attention from programmes and investors (more on later).
    
*   Both early.fans and Njord has been entered into Y Combinator, TechStars and Outlier Ventures programmes. We are throwing both at the wall, let us see what sticks.
    
*   The progress at early.fans has stalled a little bit as our lead designer and genesis artist has gone AWOL (frustratingly). We are in the process of chasing them up + finding individuals to replace them.
    

### What’s Next

*   \[redacted\]
    
*   \[redacted\]
    
*   \[redacted\]
    
*   \[redacted\]
    
*   \[redacted\]
    

* * *

### Final Thoughts + Biggest Takeaway

Offer value where you can. Although I haven’t been able to share the most intricate details of what I have been involved in as some of the information is sensitive, opportunities have come my way because I have been willing to share my knowledge. Sometimes we (myself included) can be myopic. We want to be involved in the next big thing but don’t want to contribute to said project from the ground up. We look at others and ask ourselves _“how did they get there?”, “I would like to be like them?”,_ but don’t consider how they got to said position. How many hours of their time did they volunteer? How proactive were they in their industry? And more.

Play the long game. There is a future where I am a generalist with industry expertise in DAOs, VC and being a founder. Not simply because I sought these out, but because it is a consequence of offering support where I could.

If you compare this update to the last one, it’s a lot more optimistic, this could be the start of an upward trend (a remontada if you like). To anyone who feels like life is kicking them, take it from someone who’s always fought to get to where they are today… roll with the punches… you will land a devastating counter-punch at some point.

---

*Originally published on [eniola](https://paragraph.com/@eniola-2/eniola-05-time-to-hedge)*
