MWE SHORT: Paul Georgy – Your Future Starts with You

“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.”

In this video from MarketsWiki Education’s World of Opportunity event in Chicago, Paul Georgy, CEO of Allendale, breaks down what it takes to be successful in the futures business through the lens of his career. Georgy started out in the purebred cattle industry, but it went belly up after interest rates went higher and tax laws changed. After a few years of struggling as a commodity broker, Georgy and a friend started their own introducing broker business. It gave him the opportunity to grow as well as be creative — two keys to prosperity in today’s futures markets.

FULL VIDEO

Sponsors

Other MarketsWiki Education Series’

Other MWE SHORTS

MWE SHORT: Ben Van Vliet – The Nature of Competition

MWE SHORT: Ben Van Vliet – The Nature of Competition

“You can’t tell Derrick Rose or LeBron James he’s not allowed to fake out an opponent.”

Ben Van Vliet, Assistant Professor and Associate Director at the Illinois Institute of Technology, discusses the nature of competition in the financial industry and the impact of deception in the markets.