Finding buyers, as a new commodity trader, can be challenging. As a former commodity trader that worked mostly for small trading boutiques, I can tell you that I’ve used all of the techniques shared on this post. And the greatest part of it is that they worked!
This discussion is all about finding leads. If you want to know how to grab those leads into customers, then check our commodity sales training attestation. I am sure it can be beneficial for you!
When I was 24, I launched my very first commodity trading company on the side of my day
job. As a former commodity trader, I really wanted to share my experience.
I won’t share any magic recipe on how to make millions with your side hustle. Instead, I wanted to shed some light on 5 mistakes you must avoid while setting up your own commodity trading company.
What job should I have? Seems like a trivial question but we all wonder about it at some point in our lives and careers.
We want to be happy at work, have a great salary, find purpose in our jobs… Well, we want it all. And while flexible hours combined with a great paycheck sounds (very) appealing, I have found out that such perks are sometimes not enough to keep you motivated.
Here is my short thesis, which I’m currently executing on.
Part 1 : Monetary Tabula Rasa
Our entire economic system relies on the fact that asset prices have to rise. Pension, Insurances, Rates, everything is built on the premise that prices have to go up.
To protect the system, Central bankers, financial players & governments are ( knowingly (or unknowingly)) colluding to do whatever it takes to keep all the assets price up.
For the last year or so, I’ve been heavily involved with all kinds of small-scale commodity producers ( by small scale, I mean roughly less than 250’000 USD net profit per year)
To give you an idea, I dabble with two dozen commodities or commodity-like producers, such as manganese, cocoa, water, rare earth, avocado, solar energy, etc…
Here are my observations
They fail to understand the ruthless commodity game they are in.
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