How a Rogue Trader Cost My Company $10 Million

20/05/2025 39 min Episodio 234
How a Rogue Trader Cost My Company $10 Million

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Episode Synopsis

David Miller is the Founder and CEO of Alchemy of Scale, a coaching practice that helps entrepreneurs systematize their operations and unlock true business growth. Imagine hiring a trader with a perfect resume, only to have them go rogue and lose millions of dollars in seconds. In this episode, David shares the full story of How a Rogue Trader Cost My Company $10 Million, including the six-year battle with the SEC that followed. We also discuss the systems he learned from this failure that allowed him to scale his next business to $10M in just 2.5 years. This is a raw, cautionary tale about trust, resilience, and the real cost of leadership. Check out the company: https://alchemyofscale.comBook a 1-on-1 advisory session with me to apply these principles to your business: https://calendly.com/wltb/advisory👀 CONNECT WITH SEANSubscribe: https://www.youtube.com/@seanweisbrotLinkedIn: https://linkedin.com/in/seanweisbrotInquiries: [email protected]🕒 CHAPTERS00:00 - The #1 Rule for Effective Leadership00:38 - Introduction to David Miller01:20 - Why Every Entrepreneur Must Embrace Failure02:19 - Overcoming a Scarcity Mindset03:04 - From 11 Years to 2.5 Years: The Secret to Scaling to $10M07:23 - Trust: The Most Valuable Currency in Business16:54 - The $10M Mistake: My Rogue Trader Story25:42 - Navigating Banking Shutdowns & High-Risk Industries31:02 - How to Build Trust and Network Effectively38:10 - Conclusion and Final Takeaways📈 WORK WITH ME▶ Book a Paid Advisory Session: https://calendly.com/wltb/advisory▶ Sponsor the Channel: https://www.welivetobuild.com/collaborate▶ My AI/Automation Agency: https://optimai.ai Hosted on Acast. See acast.com/privacy for more information.