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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

 

Callum Connects

Malcolm Tan, Founder of Gravitas Holdings

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Malcolm Tan is an ICO/ITO and Cryptocurrency advisor. He sees this new era as similar to when the internet launched.

What’s your story?
I’m a lawyer entrepreneur who owns multiple businesses, and who is now stepping into the Initial Coin Offering/Initial Token Offering/Cryptocurrency space to be a thought leader, writer (How to ICO/ITO in Singapore – A Regulatory and Compliance Viewpoint on Initial Coin Offering and Initial Token Offering in Singapore), and advisor through Gravitas Holdings – an ICO Advisory company. We are also running our own ICO campaign called AEXON, and advising 2 other ICO’s on their projects.

What excites you most about your industry?
It is the start of a whole new paradigm, and it is like being at the start of the internet era all over again. We have a chance to influence and shape the industry over the next decade and beyond and lead the paradigm shift.

What’s your connection to Asia?
I’m Singaporean and most of my business revolves around the ASEAN region. Our new ICO advisory company specialises in Singaporean ICO’s and we are now building partnerships around the region as well. One of the core business offerings of our AEXON ICO/ITO is to open up co-working spaces around the region, with a target to open 25 outlets, and perhaps more thereafter.

Favourite city in Asia for business and why?
Singapore, since it is my hometown and most of my business contacts originate from or are located in Singapore. It is also a very open and easy place to do business.

What’s the best piece of advice you ever received?
Be careful of your clients – sometimes they can be your worst enemies. This is very true and you have to always be careful about whom you deal with. The closest people are the ones that you trust and sometimes they have other agendas or simply don’t tell you the truth or whole story and that can easily put one in a very disadvantageous position.

Who inspires you?
Leonardo Da Vinci as a polymath and genius and leader in many fields, and in today’s world, Elon Musk for being a polymath and risk taker and energetic business leader.

What have you just learnt recently that blew you away?
Early stage bitcoin investors would have made 1,000,000 times profit if they had held onto their bitcoins from the start to today – in the short space of 7 years.

If you had your time again, what would you do differently?
Seek out good partnerships and networks from day one, and use the power of the group to grow and do things together, instead of being bogged down by operations and going it alone from start.

How do you unwind?
I hardly have any time for relaxation right now. I used to have very intense hobbies, chess when I was younger, bridge, bowling, some online real time strategy games and poker. All mentally stimulating games and requiring focus – I did all these at competitive levels and participated in national and international tournaments, winning multiple trophies, medals and awards in most of these fields.

Favourite Asian destination for relaxation? Why?
Phuket – nature, resort life, beaches, good food and a vibrant crowd.

Everyone in business should read this book:
Rich Dad Poor Dad by Richard Kiyosaki

Shameless plug for your business:
Gravitas Holdings (Pte) Limited is the premier ICO Advisory company and we can do a full service for entrepreneurs, including legal and compliance, smart contracts and token creation, marketing and PR, and business advisory and white paper writing/planning.

How can people connect with you?
Write emails to [email protected], or [email protected]

Twitter handle?
@malcolmABM

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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Callum Connects

William Chin, Founder of Mummy’s Market

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William Chin set up Mummy’s Market. Mummy’s Market is the uncontested platform connecting parents and retailers in Singapore.

What’s your story?
After National Service, I enjoyed a rousing start to my corporate career with successful stints at events and conventions companies such as IQPC, Hannover Fairs Australia and Lighthouse Independent Media in management roles, building my experience in conventions, trade fairs and events.

However, I hit a particularly bad streak of unemployment after that, facing difficulty finding jobs because according to recruiters, I was overqualified, yet too young. In fact, at one point I was struggling so badly with my family loans that I was sharing bowls of ramen with my girlfriend for our meals, to save costs.

My financial pressures eventually culminated in my forced venture into entrepreneurship where I had to strike out my own path with a brief stint in Expomal. However, this turned out to be my next break that fuelled my current success. It was there I built up Smartkids (another wildly successful baby and child fair) before it was bought out by a bigger company. Inspired by SmartKids, I started Mummy’s Market and eventually Baby’s Market, outperforming established names in the business to take its current place as market leader.

What excites you most about your industry?
Mummy’s Market is the industry leader in baby, kids, maternity and household with 80% market share and our clients – coupled with branding, advertising and exhibiting on Mummy’s Market platforms, we are seeing a 30-60% company growth year on year despite the downturn in the economy. With attendance of over 100k consumers per fair and serving 70-80% of pregnant mums, our actual business is in data, data collection and processing from consumer fairs.

I am excited about how big data analytics from Mummy’s Market can be applied at every stage of the retail process such as data segmentation – for retailers now when mums are giving birth to sending relevant content over. This will transform and innovate the industry of baby fairs and Mummy’s Market, with the huge amount of data we process from our fairs yearly, is the forerunner in this disruption. With this, we have transformed the DNA of how digital business has always been done. Global online marketplaces are burning cash quickly to achieve big data analytics, but not us.

Another testament to Mummy’s Market’s popularity is that huge marketplaces have been trying to pass off as Mummy’s Market. It shows that we are heading in the right direction and the most exciting part is, we are only at 10% of where we want to be – a platform where $1 billion gross market value products are transacted annually around Asia in a niche market.

What’s your connection to Asia?
I was born and bred in Singapore, and intend to stay in Singapore to build the Mummy’s Market brand.

Favourite city in Asia for business and why?
Singapore – if one can strategically become a leader in a small market like Singapore, its grounds to show that one’s business has an opportunity to grow further in larger countries.

What’s the best piece of advice you ever received?
“It is easy to become number 1 because the others can just copy and tweak to overtake you.
It is more difficult to STAY number 1, because you have no one to copy. You have to innovate.”

Who inspires you?
Steve Jobs – he transformed the digital age. Without the invention of smartphones, mobile computing and mobile advertising would never have grown. He changed the way businesses and consumers communicate. Without the introduction of iPhones, mobile applications would have never existed the way we are using them today.

What have you just learnt recently that blew you away?
You no longer have to lick stamps to make it sticky.

If you had your time again, what would you do differently?
Nothing. I love my life and my family. And I love the platform Mummy’s Market has created to help businesses grow.

How do you unwind?
I play with my little 1 year old baby girl.

Favourite Asian destination for relaxation? Why?
Taiwan – cool weather with beautiful mountains and lake scenery.

Everyone in business should read this book:
7 Habits of Highly Effective People – Stephen Covey

Shameless plug for your business:
Mummy’s Market has established its reputation as not just Singapore’s but Southeast Asia’s largest baby fair:

  • Nearly S$100 million gross merchandise volume transacted on Mummy’s Market platforms annually
  • 800,000 visitors at its fairs yearly
  • 80% of all of Singapore’s baby product distributors in one convention
  • 15-20% year on year increase in sales volume at every baby fair since its inception

Apart from market dominance, Mummy’s Market also has the largest database of parents and the number 1 platform for MNCs and SMEs to reach out to this audience. From exhibitions, magazines, seminars to digital campaigns and roadshows. Mummy’s Market is the uncontested platform connecting parents and retailers in Singapore.

How can people connect with you?
[email protected]
https://www.linkedin.com/in/william-chin-23910a9/

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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