Trading Business Success Stories [2024]
Looking to delve into the exciting world of commerce with a trading business? Trading involves buying goods at a lower price and selling them at a higher margin, making it a time-tested method of building wealth.
In simple terms, you source products from manufacturers or wholesalers and sell them to retailers or directly to consumers. This business requires good negotiation skills, a keen eye for market trends, and an understanding of supply chain logistics.
Starting a trading business can be rewarding but demands meticulous planning. You’ll need to research markets, establish reliable supplier relationships, and maintain inventory effectively. It's vital to stay updated on market trends to capitalize on shifting consumer demands.
If you’re resourceful and have a knack for numbers, a trading business offers the potential for substantial profits. With commitment and strategic planning, it can become a sustainable and lucrative venture.
In this list, you'll find real-world trading business success stories and very profitable examples of starting a trading business that makes money.
1. Real Life Trading ($1.92M/year)
Jerremy Alexander Newsome came up with the idea for Real Life Trading after finding the stock market education he received in college to be lacking. He wanted to create a fun and positive environment where people could learn about the stock market through real-life lessons. By offering 99% of his education for free and providing premium services through live events and coaching, Real Life Trading has generated over $4 million in revenue and expanded to different countries. They also donate hundreds of thousands of dollars to charitable causes each year.
How much money it makes: $1.92M/year
How much did it cost to start: $4K
How many people on the team: 19
Real Life Trading is a global stock market mentorship business generating over 4 million in revenue, with a mission to enrich lives; the "freemium" model allows for 99% of education to be totally free, attracting global customers, and with a goal of using their success to donate hundreds of thousands of dollars a year to fantastic charitable causes.
2. Net Net Hunter ($144K/year)
Evan Bleker, an investor and entrepreneur, started Net Net Hunter after struggling to find enough net-nets to fill his personal portfolio. He created a membership community focused on a niche value investment strategy, offering a list of roughly 1000 international net-nets and a community forum for sharing ideas. The business has become a stable cash cow and Evan is now working on another web startup.
How much money it makes: $144K/year
How much did it cost to start: $1K
How many people on the team: 5
This case study is about a successful entrepreneur who created Net Net Hunter, a membership community focused on a niche investment strategy that now earns $12k per month by providing a list of roughly 1000 international net-nets and filter through them by hand to identify the top 40 or 50 to focus research efforts on, and has since moved on to creating a new start-up project.
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Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.
Download the report and join our email newsletter packed with business ideas and money-making opportunities, backed by real-life case studies.