This article provides a blueprint for starting a physical commodity trading firm and achieving millions in revenue within three years. The author, Damien, is the owner of several successful commodity trading companies worldwide and shares his expertise on how to establish a vision and milestones for a new trading firm.
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Commodity trading can be a risky business, especially when it comes to counterparty risk. In this article, the author shares his experience and expertise in identifying red flags when dealing with new counterparties. He emphasizes the importance of recognizing these red flags to avoid being scammed or wasting time and money on deals that are unlikely to materialize.
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Attending conferences and trade shows is an essential way to find new leads and understand the latest industry trends. In this video, the speaker takes the viewer on a journey to a conference in Singapore, sharing tips and tricks for successful networking and lead generation.
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Damien, a former commodity trader from Switzerland, launched his first commodity training company at the age of 24 while working a full-time job. In this video, he shares his story of how he found his first supplier, customer, and funding for his company, as well as the mistakes he made that almost bankrupted him and his company in the beginning.
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The speaker in the video has 15 years of experience in the commodity industry and is from Geneva, Switzerland, which is currently the leading commodity trading hub. However, due to changes in the market, a new hub is emerging in Dubai, UAE. The speaker believes that within the next five years, Dubai will become the new leading commodity trading hub due to its location between the Western and Eastern blocks, making it easier to deal with both parties.
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