How to Become an Entrepreneur | Chris Gay | Ep. 9

In this episode of my Remarkable podcast, I engage in a thought-provoking conversation with Chris Gay, the CEO and co-founder of Evry Health. Through our discussion, Chris shares valuable insights and lessons learned from his 25-year entrepreneurial journey that shed light on the realities of entrepreneurship.The Hard Truths of Entrepreneurship:Chris emphasizes the challenges of being an entrepreneur, highlighting that it is a path filled with rejection, failure, and uncertainty. He stresses the importance of having a high risk tolerance and the need for spouses to support and tolerate the risks involved in entrepreneurial endeavors.Early Influences and Lessons Learned:Growing up as an army brat in various locations, Chris attributes his predisposition to entrepreneurship to his exposure to diverse cultures and his father's early adoption of technology. These early influences shaped his perspective and equipped him with the resilience needed to navigate the entrepreneurial world.Balancing Risk and Family Life:Chris candidly discusses the impact of entrepreneurship on family life, emphasizing the financial risks involved and the importance of living lean to build a financial cushion before embarking on entrepreneurial ventures. He underscores the need for entrepreneurs to consider the implications on their families and relationships.Social Impact in Entrepreneurship:Unlike traditional notions of entrepreneurship solely driven by financial gain, Chris advocates for a dual focus on technical challenges and social impact. He believes in using entrepreneurship as a platform to make a meaningful difference in the community while also ensuring financial returns for investors.Lessons for Aspiring Entrepreneurs:Drawing from his own experiences, Chris Gay offers invaluable advice to aspiring entrepreneurs, urging them to carefully assess the risks, live frugally to build financial stability, and prioritize social impact in their ventures. He emphasizes the importance of honesty about the challenges of entrepreneurship and learning from the experiences of seasoned entrepreneurs.Conclusion:As we navigate the complex landscape of entrepreneurship, the insights shared by Chris Gay serve as a guiding light for aspiring and seasoned entrepreneurs alike. By embracing risk, prioritizing family well-being, and focusing on social impact, entrepreneurs can carve out a path that not only leads to financial success but also makes a meaningful difference in the world.Chapters:00:00 Introduction to Entrepreneurship with Chris Gay00:30 The Hard Truths of Being an Entrepreneur00:55 Navigating Risks and Relationships in Entrepreneurship01:57 Meet the Host: Mark Goode and the Remarkable Podcast02:28 Chris Gay's Entrepreneurial Journey: Early Influences02:55 From Military Brat to Tech-Savvy Entrepreneur05:04 The Transition from Corporate to Entrepreneur07:08 Embracing Risk and Rejection in Entrepreneurship10:26 Advice for Young Entrepreneurs: Financial Prudence and Family Considerations12:36 The Social Impact of Entrepreneurship14:13 Reflecting on the Entrepreneurial Journey15:18 Closing Thoughts and Future ProspectsRemarkable! (A Podcast) is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. This is a public episode. If you would like to discuss this with other subscribers or get access to bonus episodes, visit markgoode.substack.com