195 | Surviving Business Challenges, Reinvention, and Growth without Raising Capital with Astrid … [Video]

1. ✅ Surviving Business Challenges: Astrid Laupmaa, CEO of Kanvas AI, shares her journey as a single mom passionate about art and technology. She navigated early struggles, including a challenging blockchain project, financial constraints, and team changes.
2. 💡 Business Reinvention: Astrid discusses Kanvas AI’s pivot towards a fractional model and diversification into different art forms, including animation and music projects. NFTs are used for crowdfunding physical exhibitions, reviving the business.
3. 🌱 Growth without Raising Capital: Kanvas AI initially built its model without significant funding, leveraging its team’s expertise. Astrid emphasizes the importance of testing the market, seeking client and collector feedback, and partnering with startups before considering raising capital.

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Episode Summary:

In this episode 195 of “Failing to Success”, Astrid Laupmaa, CEO of Kanvas AI, reveals the challenges she faced as a single mom passionate about merging art and technology. She discusses the complexities of building a blockchain and the impact of a crypto market downturn on art values. Astrid shares Kanvas AI’s reinvention through a fractional model, embracing various art forms, and using NFTs to crowdfund physical exhibitions. She emphasizes the importance of testing the market, partnering with startups, and growing the business without raising significant capital, focusing on sustainability.

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business survival, art and technology, blockchain challenges, NFT crowdfunding, entrepreneur journey, startup adaptability, raising capital, Web3 industry, business diversification, founder resilience, Kanvas AI, art platform, fractional model, crypto market impact, sustainability in business, art innovation