07/05/2022
Orbit CEO Romain Prevost shares tips for generating multiple income streams.
A little over a year ago, Romain Prevost lost his job. He was a waiter at a hotel in Berlin at the time, and Covid-19 was forcing businesses to close. Romain owed 4 banks 30,000 euros, and he had no idea where to start. After almost 10 years of yoga and meditation, though, he felt certain he could turn the two disciplines into a business. That’s when he launched his first business, an online self-improvement program designed to share the benefits of meditation.
Romain’s business didn’t even take off. Even though he’d mastered the ins and outs of the meditation, he admits he had never created anything and feels that played a part in the business’ failure. Instead of giving up, convinced that he had nothing to lose, Romain switched to crypto trading.
Within a few months, Romain had mastered crypto trading well enough to attempt bigger things. Still not sure whether he’d make it, he launched BabyCake, a unique and wildly successful reflection token. That proved to be the right move, and two months later, Romain became a multi-millionaire. He was a few months shy of 30, the deadline he had set for himself years ago.
Today, Romain is the CEO and co-founder of Orbit, which is creating an entire ecosystem of products designed to provide holders with opportunities to create multiple income streams with high levels of passive income from the OrbitFund with various presale investment opportunities through our launchpad, whilst allowing use of advanced on-chain data analytics tool to assist investors in making smarter, more informed decisions.
Romain’s time in the crypto space opened his eyes to the need for an “independent middleman” for traders. Among the many companies and products in the space, he felt none were specifically created to help the traders. After his success with BabyCake, Romain felt confident enough to attempt something else, and that’s when he created Andromeda. He launched Orbit and Andromeda on December 2, 2021.
In 5 days, Andromeda went from a market capitalization of $5,000 to $20M. Concerted threats from its rivals also made an appearance. The company became a target for thousands of bots immediately after it launched. Romain says business rivals, whose main agenda was to destroy the company, drove the attacks. Some also came from traders who wanted to make a quick buck out of the new coin. Romain’s team had to work around the clock to combat the attacks, but they finally prevailed.
To people planning to start their own businesses, Romain shares several tips. First, shut out the noise from well-intentioned people. He says, “Just go for it, and don’t ask for advice. 99 percent of the time, the person you are asking probably doesn’t really have the knowledge or experience to advise you.”
Second, be ready for enemies. Once you make it happen, people will take notice. Romain says that the more you grow, the more enemies you will make. He adds, “Success comes with great responsibility, and great responsibility comes with great risk.”
Third, Romain’s advice to those who want to explore the crypto space is to start small. Look for something simple and use it as a tool to learn how the industry works. The crypto industry does not work like any other, so principles from elsewhere might not help much.
In his case, he is still growing his company. Romain’s goal is to grow Andromeda into a multi-billion dollar project. He also has other projects waiting to launch.