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Anmol Singh, Founder of LiveTraders

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Anmol started trading during his early college years without much luck. After a year or so he discovered a pattern that allowed him to go from 0 to a profitable trader. To date, He has generated a lot of profits for himself and his investors in trading wins and continues to remain a stock and forex trader. He is also an avid real estate investor with a large portfolio and has funded two other tech-based companies. His portfolio also includes Franchise Stores in the Automotive Sector. Today He spends most of his day managing funds and working with students of Live Traders which he co-founded in 2014.

So what do you do today?

I am a Entrepreneur and Investor involved with multiple ventures and a Stock Market and Forex Trader

What led you to your current business?

I graduted from college with a honors degree in Business and Management however despite the good grades was unable to secure a job, which led me to start my own businesses. I found a mentor that taught me how to trade the financial markets and i used that as a stepping stone to create income to fund my other business ventures.

Did you encounter any particular difficulties in the beginning and how did you overcome it?

In the early stages, your mindset has the biggest impact on your business and your trading. How you overcome obstacles determine whether you’re going to succeed or not. When is started, I did have the mindset for success which caused me to look at hurdles as obstacles. But I overcame it by thinking of them as growth opportunities and challenges rather than problems. That subtle change in my mindset made all the difference in my trading and in my business.

What is your long term plan?

My Long term plan is to be diversified across different sectors and industries. I will be heavily involved with real estate development in the long run. In the meantime, I am focusing on building my brand so I am fully prepared for the future.  My plan would be to have an army of traders, trading my capital using the training I provide them, as well as have a portfolio containing Stocks and Real estate and using my knowledge to generate market beating returns.

Could you share with us some industry insights?

In Trading there is a 90-90-90 rule which basically means 90% of the traders, lose 90% of their money in first 90 days. This might sound like a alarming fact, but this fact is often distorted or misused in the media in order to keep investors and traders away from taking control of their investments and do it themselves. This is done to discourage them from learning how the markets work and to trick people into thinking Wall Street has your best interest in mind and since you are not educated enough or graduated from an ivy league school, You should hand your money to one of those slick Wall Street managers wearing a pin striped suit. The truth however is very different. With basic training and understanding of how the markets work, A trader can get better returns himself than he would get with a hedge fund or mutual fund manager. No Background or previous experience is required. What is required is just an open mind and willingness to learn and basic understanding of market cycles. That is how me and my students continue to generate market beating returns often making the hedge fund and mutual fund returns look like peanuts.

What are some important lessons you’ve learnt about entrepreneurship?

The most important lesson is to think Big. I have often been guilty of this too , Guilty of not thinking Big enough. But nowhere does this stand more true than in business. If you want to make a Billion dollars, You need to solve a 10 billion dollar problem. Often people are focused on making the next buck, without realizing their actual true potential. Thinking inside the box will never bring you success. It’s better to dream big and find smaller successes than to think small and never accomplish anything at all.

Any tips for achieving success?

Biggest tip, I can give people is to STICK TO ONE THING. It’s sad seeing people jumping from one thing to another whereas if they just stuck to one thing for the long haul they would be much more successful than they are or pretend to be now.
Last year they were trying to trade stocks, a few months later they were trying to trade Forex, Then they tried to sell T-shirts, after that joined some MLM company, then moved onto another MLM company because they thought that company was better.

When they did not make what they thought they would make, they started focusing on another gig or another side hustle, All this while not realizing that they are just bouncing around in nothingness and not actually creating anything of value and have nothing to show for. Now I see the same people jumping on the next craze into the world of bitcoins.

Take note, They would eventually move away from even this few months from now and would be doing something else, This is a Disease. The Cure is taking action and sticking to one thing until you are absolutely sure that you have given it your best and have given it your all.

Stop chasing the next shiny object, There is no holy grail and there is no get rich quick. There is no substitute for hard work

You give a man a strategy that is sure to make him a millionaire in 10 years, In an attempt to achieve those results in just 1 year, He tinkers with that system and in so doing he won’t become a millionaire not even in 20 years.

Connect

www.Livetraders.com

www.instagram.com/DeltaNinety

www.Twitter.com/DeltaNinety

 

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Callum Connects

Jasmine Tan, Director of Stone Amperor

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Jasmine saves her clients time and effort when doing kitchen fit outs with her biz Stone Amperor.

What’s your story?
I started working in the industry in 2003. I was in a marble and granite supplier company for 5 years. Even though I left the company, I still had customers calling me for my services. I referred them back to my previous company but they refused to because they loved the fast response service that I offered. I realised that customers do look at prices, however most of them prefer quality over quantity. Thus I have decided to establish a sole proprietor company also known as 78 Degrees which later rebranded as Stone Amperor in 2014.

What excites you most about your industry?
The kitchen countertop industry is a very confusing market. There are many brands, materials and prices to choose from. What excites me the most is my ability to help clients choose the best materials and brands within their budgets, whilst saving them time and effort.

What’s your connection to Asia?
I have been in Asia all my life and I love Asia. No matter where you go there is no place like home.


Favourite city in Asia for business and why?
I love Singapore. This is because Singapore has always been a stable country and it is great for doing business. However as it is a small country, it can be really competitive. I believe that if just do your best and give your best to your customers, you can overcome this.

What’s the best piece of advice you ever received?
“Take actions. Learn and improve continuously. An idea without action is just a dream.” This was really good advice that I received from my partner.

Who inspires you?
A very down to earth billionaire from Malaysia, Robert Kuok

What have you just learnt recently that blew you away?
Property is the foundation of every business.

If you had your time again, what would you do differently?
Own instead of renting property for my business.

How do you unwind?
I enjoy going shopping, watching movies and hanging out with friends. I am quite a simple being.

Favourite Asian destination for relaxation? Why?
I love going to Taiwan as I love the culture there. Everyone is so polite and the weather is great.

Everyone in business should read this book:
Sun Tzu, Art of war

Shameless plug for your business:
Perfect top, Perfect price, Perfect life from Stone Amperor

How can people connect with you?
Email me at [email protected]

Twitter handle?
@StoneAmperor

This interview is part of the ‘Callum Connect’ series of more than 500 interviews

Callum Laing is an entrepreneur and investor based in Singapore. He has previously started, built and sold half a dozen businesses and is now a Partner at Unity-Group Private Equity and Co-Founder of The Marketing Group PLC. He is the author two best selling books ‘Progressive Partnerships’ and ‘Agglomerate’.

Connect with Callum here:
twitter.com/laingcallum
linkedin.com/in/callumlaing
Download free copies of his books here: www.callumlaing.com

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Dextre Teh, Founder of Rebirth Academy

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Dextre Teh is a consultant and marketing guru, helping F&B businesses to tighten their operations and grow their businesses.

What’s your story?
I help frustrated F&B business owners stuck in day to day operation transform from a glorified operator into a real business owner. I’m a 27 year old Singaporean second generation restaurant owner and a F&B business consultant. Entering the industry at 13 years old, I have always been obsessed with operations and systemisation. At the age of 25, I joined the insurance industry and earned a six figure yearly income. However, I left the high pay behind because it was not my passion and returned to the F&B industry. Now I help other F&B companies to tighten operations and grow their businesses with my consulting and marketing services.

What excites you most about your industry?
The food. I’m a big lover of food and even have a YouTube show on food in development. But that aside, it is really about impacting people through food. Creating moments and memories for people, be it a dating couple or families or friends. Providing that refuge from the daily grind of life. So in educating my consulting clients and training their staff to provide a better experience for their customers, I aim to shift the industry in the direction of creating memories instead of just selling food.

What’s your connection to Asia?
I was born and bred in Singapore. I love the culture, the food and travelling in Asia.

Favourite city in Asia for business and why?
Singapore hands down. The environment here is built for businesses to thrive. The government is pro business and the infrastructure is built around supporting business growth. Not to mention the numerous amount of grants available in helping people start and even grow business. If I’m not mistaken, the Singaporean government is the only government in the world that offers grants to home grown businesses for overseas expansion.

What’s the best piece of advice you ever received?
Learning to do things you do not intend to master is a BIG mistake in business. Focus on what you are good at and pay others to do the rest.

Many business owners including myself are so overwhelmed by the 10,000 things that they feel they need to do everyday. We try to do everything ourselves because we think it saves us money. The only thing that, that does for us is overload our schedules and give us mediocre results. Instead we should focus on what we do best and bring in support for the rest.

Who inspires you?
Christopher M Duncan.

At 29, Chris has built multiple 7 figure businesses. He opened me to the possibility of building a business on the thing that I loved and gave me a blueprint of how to do it. He also showed me that being young doesn’t mean you cannot do great things.

Imran Mohammad and Fazil Musa
They are my mentors and inspire me every single day to pursue my dreams, to focus on celebrating life and enjoying the process of getting to where I want to be.

What have you just learnt recently that blew you away?
Time is always more expensive than money. Money, you can earn over and over again but time, once you spend it, will never come back.

If you had your time again, what would you do differently?
I am a firm believer that your experiences shape who you are. I am grateful for every single moment of my life be it the highs or the lows, the successes and the failures because all these experiences have led me to become the person I am and brought me to the place that I’m at so I will probably do things the same way as everything was perfect in its time.

How do you unwind?
Chilling out in a live music bar with a drink in hand, listening to my favourite live band, 53A. Other than that I’m big on retail therapy, buying cool and geeky stuff.

Favourite Asian destination for relaxation? Why?
Bangkok. It feels like a home away from home where the cost of living is relatively low, the food is good and the people are friendly.

Everyone in business should read this book:
Everything you know about business is wrong by Alastair Dryburgh. It is a book that challenges commonly accepted business “truths” and inspires you to go against the grain, think different, take risks and stand your ground in the face of the challenges that will come your way as a business owner.

Shameless plug for your business:
I’m the creator of the world’s first Chilli Crab Challenge. It gained viral celebrity earlier this year with 3 major newspaper features and more than a dozen blog and online publications featuring it in the span of two weeks. In the span of the two weeks, the campaign reached well over a million people in exposure without a single cent spent in ads.

Now I help F&B companies to tighten operations, increase profits and grow their businesses with my consulting and marketing services. Chilli Crab Challenge (https://www.chillicrab.com/nationalday)

How can people connect with you?
You can connect with me on Facebook (www.facebook.com/djtehkh) or visit www.rebirthacademy.sg for more information or book a 10 minute call with me @ www.tinyurl.com/dexclar

This interview is part of the ‘Callum Connect’ series of more than 500 interviews

Callum Laing is an entrepreneur and investor based in Singapore. He has previously started, built and sold half a dozen businesses and is now a Partner at Unity-Group Private Equity and Co-Founder of The Marketing Group PLC. He is the author two best selling books ‘Progressive Partnerships’ and ‘Agglomerate’.

Connect with Callum here:
twitter.com/laingcallum
linkedin.com/in/callumlaing
Download free copies of his books here: www.callumlaing.com

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