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Should Trading be treated as a business?

Hi there Crusaders
 
If you’ve been following me for any length of time, you will know what my vision is . . . to help create Wealth, Meaning and Freedom for as many entrepreneurs in the world as I can reach.
 
My ultimate goal is to positively impact 1 Million people by 2025.
 
Now, while the concepts of Wealth, Meaning & Freedom are seen differently by each of us, they are ultimately what all entrepreneurs aspire to achieve.
 
Since starting FutureProof in 2018, I have focused primarily on business start-ups and growth. That has always been my primary “vehicle of choice” to help clients achieve these three goals.
 
While I’m not changing my focus, I do want to introduce another opportunity to you.
 
I will always continue to help entrepreneurs start and develop their own businesses. After all, it is rewarding, uplifting, and the cornerstone of a country’s economic growth.
 
But why stop there? 
 
You don’t have to focus on the development of your core business as your sole source of income . . .
 
In fact, you should strive to develop as many sources of income as possible so that you can maximise your cash flow.
Then use that income to invest in appreciating assets that will provide you with passive income for your future.
 
So, with that in mind, I went in search of suitable sources of additional income that I could apply to my own life, and also share with the Crusader community.
 
 
MY 2021 SEARCH FOR EXTRA INCOME STREAMS
In my quest, one of the options I investigated was the world of trading. (Stocks, commodities, forex, etc.) My ambition was to develop it into a reliable source of income that I could use for other investments.
First, let me start with a warning.
This can be a very high-risk, volatile environment if you are unpreparedYou WILL lose your investment if you either gamble, try to ‘beat the markets’, or follow unscrupulous advisers online – and there’s no shortage of those.
So, when it comes to considering whether to enter the world of trading, I have a few pieces of advice for you:
 
  1. 95% of traders lose their money. If you want to be in the other 5%, you will need to work at it systematically and consistently. You should also appreciate that it will take years before you get really good at it.
  2. Understand that it is a long-term commitment to the craft and not a get-rich-quick solution.
  3. Don’t start trading live until you have been educated in the process, pitfalls, and psychology of it by an expert.
  4. Don’t ever give your funds to anyone offering to trade on your behalf, and
  5. Most importantly, pick ONE mentor who can support, encourage and guide you on your journey.
The right mentor will:
  • show you how to manage your emotions.
  • help you develop your own strategies, and
  • give you tactics on how to manage your risk to prevent you from ‘blowing up’ your account.

Check out the Build Your Dream Business Mastermind Program here. Now online for the first time ever. Ideal for anyone who wants to start their own business, but doesn’t know where to start.

When I got into trading, I approached it from the perspective of starting a new business. I applied the same principles as I would to any other business start-up.
Because that is exactly what it is – a business.
You must treat it accordingly.
 
If you treat it like a hobby then it will cost you money over time – guaranteed.
 
I spent several weeks looking for a great mentor to guide me. It was no small task.
There are literally thousands of self-proclaimed “experts” online, but most of them don’t actually have any real experience or track record. Many of them are just outright thieves and conmen.
The mentor I eventually chose is Lewis CromptonHe is a professional retail trader, property investor, international speaker and trainer, and the founder of STARTrading; which is a trader education business and support community. He’s also a really helpful and supportive guy, and a fantastic trainer.
 
The fact that Lewis is endorsed by Marnus Broodryk¹ also convinced me to approach him. And after working directly with Lewis for a while now, I can understand why he has such a solid reputation.
¹(Marnus Brookryk is a highly respected serial entrepreneur, Shark Tank SA investor, and the author of the best-selling book “90 Rules for Entrepreneurs”)
 
So, why am I sharing all this with you?
 
Well, after spending three months immersed in the trading environment, I am convinced that anyone can trade profitably, with minimal risk and good returns, providing they follow the teachings of a real expert like Lewis Crompton.
 
I’m sharing my experiences as this can become a great source of income for you too.
And, unlike most business start-ups, the initial costs and working capital requirements are minimal. Also, you get to work from anywhere in the world – all you need is a laptop and an internet connection.
In closing . . . if you are interested in starting a business or acquiring another income source, I really want to encourage you to at least look into learning through STARTrading.
Before I carry on, I want to make it quite clear that this is not a paid endorsement for STARTrading.
I’m have nothing to gain by sharing their details with you, other than the satisfaction of knowing that some Crusaders are going to join me in using trading as a means to help achieve wealth, meaning and freedom in their lives.
If you want to learn more about Lewis, STARTrading, and trading in general, then download his FREE e-Book HERE.
 
He also does free weekly live training sessions every Tuesday evening on Facebook and Instagram. His Facebook page also explains a lot about Lewis and what he does.
 
Check him out on Facebook at @startradingnow,
and on Instagram at @lewis_crompton
 
 
Or, feel free to reach out to me if you want any more information or have questions, and we can discuss it.
 
Have an awesome week.
 

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