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MWE SHORT: Julie Lerner - Disruptive Tech and Entrepreneurship | John Lothian News

MWE SHORT: Julie Lerner – Disruptive Tech and Entrepreneurship

“You can’t be an entrepreneur until you get that big idea. And that idea needs to be so big it feels like a curse as much as a blessing in the sense that you know you have to go do it.”

In this video from MarketsWiki Education’s World of Opportunity event in Chicago, Julie Lerner, CEO of PanXchange, discusses the convergence of global markets and being a successful entrepreneur. Lerner maintains that not only do you need passion, you need a specific niche. She realized she found hers when she learned how to embed options into cash contracts while working for Cargill trading Latin American sugar. Lerner’s passion is commodities, but her niche is business development. Any entrepreneur trying to develop a business must have the network and reputation to give the endeavor legs. A great idea is useless in a vacuum.

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MWE SHORT: Paul Georgy – Your Future Starts with You

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“We were gung-ho we were going to be commodity brokers. When one of the speakers walked into the room he said within one year, half of you are no longer going to be in business. Within two years, there will only be five of you left in business. And within five years, there’s only going to be one of you left in the business. I’m the survivor and pretty happy about it.”

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