CEO of Binance shares communication tips for aspiring entrepreneurs

Changpeng Zhao, the CEO of Binance, says that how you talk is often more important than what you're talking about.

In a blog post, Zhao shared many other communication tips that he says will enable aspiring entrepreneurs to approach him of other investors with confidence.

Binance CEO says people should be straight shooters when approaching investors.

Being the CEO of one of the biggest cryptocurrency exchanges in the world means time is the most valuable resource you have.

According to Changpeng Zhao, the CEO of Binance, this can be avoided by being effective while communicating and choosing the right time to approach investors.

In a blog post, Zhao shared his tips for aspiring entrepreneurs who want to approach him or other investors, saying that ineffective communication is the biggest obstacle to getting investments.

According to Zhao, CEOs are "Usually the least hands-on and most distracted person in any organization," which is why they aren't the ones entrepreneurs should approach when looking for investments or help.

When it comes to Binance, Zhao said that he isn't involved in investments, mergers and acquisitions, the Binance Launchpad, or coin listings on Binance.

If a meeting with a CEO is what you're aspiring to, Zhao said that your pitch should be no longer than 5 minutes long.

Zhao recommended always giving out a business card, regardless of whether you've met the person you are giving it to.