William Brown started WB Trading in 2017 and has used mathematics to provide a new strategical edge to the trading world. Before founding WB Trading, he began his journey on platforms like Bitcoin and Ethereum after watching a documentary on trading. He attributes much of his success in trading to pursuing a trading education.
He is driven and passionate about trading as well as helping others. This, combined with his love of statistics and building data spreadsheets, has helped him improve his strategies and trading methods. He offers educational courses and tips and is quite active on social media.
William Brown currently resides in North England, where he manages WB Trading, ensuring that each trade is made with a medium to a long-term goal. He is passionate about Trading Education and strives to provide accurate and helpful information to aspiring traders.
Where did the idea for WB Trading come from?
I began this company after my first loss after beginning my trading journey. Until then, I had been riding beginner’s luck, but after my first loss, I realized just how important education is in the trading world. Then, I began to rethink my strategy and take the time to understand trading. It wasn’t long before I realized how many other traders were in my shoes and how many others lacked the education needed for this industry—that’s when WB Trading began.
What does your typical day look like and how do you make it productive?
I wake up every morning with my business on my mind. My mornings are spent preparing for the day, and the rest of the time, I focus on my work and making a difference in the world of trading. I am always about advancing my business and those of others as well.
How do you bring ideas to life?
I always include my team when I make decisions. I believe several minds are better than one, and I think the success of WB Trading is because I have so many people working together to bring our plans to fruition.
What’s one trend that excites you?
I am excited about the shift to digital. As technology improves, so is the productivity of our day-to-day lives. Many aspects of our day are now made easier thanks to digital technology. What may have taken several hours now only takes a couple of minutes.
What is one habit of yours that makes you more productive as an entrepreneur?
I try to read every day. Some days I may read something just to help me relax after a long day of work, but for the most part, I enjoy books that will help me learn more about the industry I am in. I may have been active in Trading for a while now, but even I can find more to learn about. This constant self-improvement helps my business as well.
What advice would you give your younger self?
I would have told myself to start my education earlier. While I believe I needed a loss to realize how to make trading into a career, I am not above admitting that I wouldn’t have minded just taking the right path sooner.
Tell us something that’s true that almost nobody agrees with you on.
I believe that anyone can become a successful Trader. Anyone needs a determined disposition and a willingness to learn about promising strategies and methods before taking the step forward into trading.
As an entrepreneur, what is the one thing you do over and over and recommend everyone else do?
I am constantly reevaluating my business and who I am as a CEO. Doing this helps me see what areas I am struggling in and need to improve or what aspects I need to remove from my business strategy. In reevaluation, I could progress my business in positive and productive ways.
What is one strategy that has helped you grow your business?
Networking. Networking, especially in this line of work, is vital. Not only are you making connections that can further your business, but you can also learn and grow with your peers this way. You don’t figure it all out overnight, and you’re not meant to get everything together alone. Take advantage of making connections and see how your business will prosper because of it.
What is one failure you had as an entrepreneur, and how did you overcome it?
As I’ve stated before, at the beginning of my trading career, I made the mistake of running on pure luck instead of taking the time to dedicate myself to learning about my job. As it tends to do, my luck eventually ran out, and I discovered what it was like to take a loss. If I had been more diligent in my education, I might have avoided this loss.
What is one business idea that you’re willing to give away to our readers?
I am one for new and improved software. In this day and age, we have different ‘apps’ for food and grocery delivery services. As a pretty busy businessman, I wouldn’t mind an app that found a way to speed delivery or perhaps provide a smoother experience.
What is the best $100 you recently spent? What and why?
I invested in a good pair of noise-canceling headphones. I firmly believe that an essential part of success and business progression is a lack of distractions that can keep you from focusing all of your attention on your business. If you want to be successful, you need to focus. When you get into the ‘zone,’ nothing can stop you.
What is one piece of software or a web service that helps you be productive?
As a CEO of a growing company, an organization for my team is paramount. To help us stay organized and in sync, we utilize ClickUp to help us collaborate on projects and ideas. Using this program has streamlined how we do our business and ramped up our production and success.
What is the one book that you recommend our community should read and why?
I would recommend “One Up On Wall Street” by Peter Lynch. Lynch guides readers from their place as average, everyday investors into trading experts in his book. Lynch is a well-known Fund Manager and a character to look up to if you want to succeed in this profession.
What is your favorite quote?
My Favorite quote would have to be “What You Don’t Know Will Cost You A Fortune.” by Simon Zutchi. I am very passionate about education in the trading world, and if you do not try to learn about this industry, you will lose, and you will lose big.
- Luck will only take you so far in life. Make sure you take the proper steps and time to learn about your career. Education is the key to success.
- Networking is a great tactic to progress your career. By networking, you can expect to see good opportunities and meet new people.
- More heads are better than one. Don’t be afraid to include your team in business decisions.
Steve (Stefan) Junge hails from Germany and helps with the day-to-day publishing of interviews on IdeaMensch. While he and Mario don’t share a favorite soccer club, their enthusiasm to help entrepreneurs is a shared passion.