The Amateur Investors: Chris Alaimo
Chris offers valuable insights into the challenges and rewards of being a founder and provides tips for aspiring entrepreneurs.
Chris Alaimo is an engineer by degree, host of The Amateur Investors podcast, and Multimedia Producer for Bitcoin Magazine. He fell hard down the Bitcoin rabbit hole after the March 2020 crash. His passion is for educating and learning about Bitcoin.
He enjoys soccer, football, ultimate frisbee, and hanging out with fellow Bitcoiners. Chris loves to talk to anyone and everyone about any topic, so feel free to shoot him a DM on Twitter!
What advice would you give to aspiring entrepreneurs?
The best investment you can make. It is yourself first. As they say in the airplane safety briefing, "Place the oxygen mask on yourself before assisting others."
How has being an entrepreneur changed you as a person?
The concept of work changes so much when you go from a 9 - 5 job to an entrepreneur or small business owner. Of course, you will work tough and long hours, but it is much more rewarding.
What do you believe are the critical ingredients for a successful small business?
You will probably fail multiple times, but the lesson to learn is to fail fast and often but learn from it each time you die. You can also expedite the process by learning from other people's mistakes.
“A smart man makes a mistake, learns from it, and never makes that mistake again. But a wise man finds a smart man and learns from him how to avoid the mistake altogether.”
What impact do you hope to make with your small business?
My hope for my small business is to educate the entire world about money and the importance of Bitcoin.
How have you overcome challenges in your entrepreneurial journey?
Consistency. You are showing up every day and trying to get better every day. There will be days you don't want to get out of bed. You will be sick, but the goal is to keep moving forward.
What is the most significant risk facing your company?
Myself. I need to make more money to hire more people to allow myself to run the business instead of being the business.
What motivates you to get out of bed in the morning?
What keeps you up at night?
The sudden collapse of the fiat money system before the poor and middle class could learn about the importance of sound money, Austrian economics, and bitcoin.
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