In this episode, Aurelia Flores shares her journey from growing up in poverty to becoming an angel investor and allocator. She emphasizes the importance of thinking big and taking risks, as well as the need for more equitable access to capital. Aurelia also discusses her role in the State Small Business Credit Initiative (SSBCI) and the impact of government funding on small businesses. She encourages everyone to start investing early and consistently, and to invest in the basics before diving into more complex investments.Takeaways

• Think big and start small: It's important to have a big vision but be willing to start small and get comfortable with the basics of investing.
• Take risks and embrace failure: Investing, especially in early-stage companies, comes with risks. It's important to be willing to take risks and learn from failures.
• Equitable access to capital: There is a need for more equitable access to capital, particularly for marginalized founders and communities.
• Start investing early and consistently: Investing early and consistently, even with small amounts, can make a significant difference over time.

Sound Bites

00:00 Introduction and Background

01:30 From Poverty to Law and Venture Capital

04:22 Transitioning to Angel Investing

07:22 Overcoming Fear and Taking Risks09:15Dealing with Loss in Angel Investing

12:23 Cultural Hangups and Thinking Big16:26Transition to Working for a Fund

20:09 State Small Business Credit Initiative (SSBCI)

25:17 Favorite Seat: Angel Investor, LP, or Allocator

29:17 Advice to Younger Self: Start Investing Early

31:45 Conclusion and Contact Information