Booming Bulls’ USP is its simple, practical, and efficient curriculum which has been developed based on my personal trading journey and experience as well as the foundational knowledge gathered from many stock market pundits.
1. Tell us about your company and your individual journey.
I come from a small town in Chhattisgarh called Korba. My father used to work in one of the power plants that the town is quite well known for. After schooling, I went into engineering at Bhilai Institute of Technology. It was there that I started working for a marketing company. I wasn’t a very spoken individual back then and decided to work on my communication skills.
Before starting Booming Bulls, I worked in a number of fields like marketing, BPO and I also tried my hands at various businesses but it was only when I started trading in crypto in 2018 that I truly found my calling. Trading in crypto led me to my final destination which was to be stock market trading.
2. How did you come up with the idea of booming bulls and how did you go about executing it?
As a beginner in the world of trading, I realised that there was a real paucity of legitimate and meaningful courses in the field. I ran from pillar to post to gain knowledge but I couldn’t find a single platform that could train people efficiently. It was then that I decided to teach myself. I bought about Rs 25000 worth of books and enrolled in a seminar taught by the legendary trader and leading technical analyst, Dr. CK Narayan.
After consistent learning and trading, I decided to hold my first live seminar in Nagpur in October 2019 and it turned out to be a thumping success. Following this success, we established Booming Bulls Academy on December 5, 2019.
As a beginner in the world of trading, I realised that there was a real paucity of legitimate and meaningful courses in the field. I ran from pillar to post to gain knowledge but I couldn’t find a single platform that could train people efficiently. It was then that I decided to teach myself. I bought about Rs 25000 worth of books and enrolled in a seminar taught by the legendary trader and leading technical analyst, Dr. CK Narayan.
After consistent learning and trading, I decided to hold my first live seminar in Nagpur in October 2019 and it turned out to be a thumping success. Following this success, we established Booming Bulls Academy on December 5, 2019.
3. What do you think are the most important qualities of a successful entrepreneur?
Constant learning and self-improvement in all aspects of one’s life are what make a successful entrepreneur. Another important quality is a positive outlook even in the face of failures and disappointment.
Constant learning and self-improvement in all aspects of one’s life are what make a successful entrepreneur. Another important quality is a positive outlook even in the face of failures and disappointment.
4. What are some of the most important factors for running a successful business? What is the USP of booming bulls?
A quality product. You can spend endless amounts of money marketing your business but unless you have a product that’s desirable, you cannot succeed as a businessman. Similarly, in the field of edtech, your content is what decides your fate.
Booming Bulls’ USP is its simple, practical, and efficient curriculum which has been developed based on my personal trading journey and experience as well as the foundational knowledge gathered from many stock market pundits. We have successfully trained tens of thousands of students with a singular course which covers the entire spectrum of trading knowledge from the most basic to the most advanced.
A quality product. You can spend endless amounts of money marketing your business but unless you have a product that’s desirable, you cannot succeed as a businessman. Similarly, in the field of edtech, your content is what decides your fate.
Booming Bulls’ USP is its simple, practical, and efficient curriculum which has been developed based on my personal trading journey and experience as well as the foundational knowledge gathered from many stock market pundits. We have successfully trained tens of thousands of students with a singular course which covers the entire spectrum of trading knowledge from the most basic to the most advanced.
5. How did you set up a presence on YouTube and Instagram? What challenges did you all face and how did you overcome them?
During my days as a lone trader, I would post my trading successes on social media. This led to a lot of people asking me to start sharing my learnings. I did want to teach even back then but I wanted to craft a well-structured concept and course before making the plunge.
While trying to learn trading I had faced a number of issues, such as a very limited number of institutes, incomplete courses, incompetent and callous teachers, and sometimes outright scams in the name of teaching. I wanted to plug this gap.
When I started making Instagram videos, I had no proper equipment or infrastructure. The videos were shot on my phone and yet they were very well received because the people out there cared more about the content and the teaching. I garnered a hundred thousand subscribers in 9 months with my home-made videos. It was my live trading classes that brought the most number of learners to my channel.
Building anything from the ground up means facing a number of challenges. However, that being said, apart from some initial growing pains, we have been blessed to not have faced any extraordinary challenges. There were financial constraints while setting up the company and for a while, the founders didn’t take any salaries. We had to borrow money to get everything set up but we haven’t looked back since the revenue started pouring in.
During my days as a lone trader, I would post my trading successes on social media. This led to a lot of people asking me to start sharing my learnings. I did want to teach even back then but I wanted to craft a well-structured concept and course before making the plunge.
While trying to learn trading I had faced a number of issues, such as a very limited number of institutes, incomplete courses, incompetent and callous teachers, and sometimes outright scams in the name of teaching. I wanted to plug this gap.
When I started making Instagram videos, I had no proper equipment or infrastructure. The videos were shot on my phone and yet they were very well received because the people out there cared more about the content and the teaching. I garnered a hundred thousand subscribers in 9 months with my home-made videos. It was my live trading classes that brought the most number of learners to my channel.
Building anything from the ground up means facing a number of challenges. However, that being said, apart from some initial growing pains, we have been blessed to not have faced any extraordinary challenges. There were financial constraints while setting up the company and for a while, the founders didn’t take any salaries. We had to borrow money to get everything set up but we haven’t looked back since the revenue started pouring in.
6. What is life management and risk management and how do you teach them to your students?
Life management is the understanding that a trader’s most important asset is the trader himself. A well-balanced life where one takes care of both their mind and body is imperative in order to make it big in this highly competitive and often trying field. Risk management means understanding that one cannot succeed as an investor based solely upon unreliable advice and gut feelings.
Life management is the understanding that a trader’s most important asset is the trader himself. A well-balanced life where one takes care of both their mind and body is imperative in order to make it big in this highly competitive and often trying field. Risk management means understanding that one cannot succeed as an investor based solely upon unreliable advice and gut feelings.
A tried and tested scientific method is a trader’s best friend. Science is why in a casino, the casino always wins. It helps you figure out your strengths and weaknesses and also lets you minimize your losses. The mantra to follow is always take well-calculated risks.
7. What are some of the best career advice that you have ever received?
I, personally, have never received any sage career advice. However, based on my own experience, I do have an important nugget of advice for the youth- work on yourself. Self-improvement is the key to attaining all your life goals. Take care of your health through yoga or whatever form of exercise works for you. Meditate to gain greater control over your minds and have a more positive outlook in life and finally, never stop learning.
I, personally, have never received any sage career advice. However, based on my own experience, I do have an important nugget of advice for the youth- work on yourself. Self-improvement is the key to attaining all your life goals. Take care of your health through yoga or whatever form of exercise works for you. Meditate to gain greater control over your minds and have a more positive outlook in life and finally, never stop learning.
8. Since youngsters don't have the money to invest in trading and investing what would you recommend to them to start their investing journey?
For anyone who’s just getting started with trading, facing losses is a rite of passage. It’s because of this that I believe starting with a limited amount of capital is actually a good thing. It limits your losses as you learn and create your own trading system based on your personal needs, fears, and strategies. Youngsters must think of their capital as their tuition fee for learning. Money is secondary. In the long run, it’s the learning that matters.
For anyone who’s just getting started with trading, facing losses is a rite of passage. It’s because of this that I believe starting with a limited amount of capital is actually a good thing. It limits your losses as you learn and create your own trading system based on your personal needs, fears, and strategies. Youngsters must think of their capital as their tuition fee for learning. Money is secondary. In the long run, it’s the learning that matters.
9. There are so many materials, strategies, and channels available out there. Then what according to you should be an ideal roadmap to invest in for a beginner?
Yes, there are a number of resources available to learn trading but I believe anyone who wishes to succeed in this field must have a sound foundation and for that, you need to rely on trading literature written by the top authority figures in the field. Our website’s resource page lists a number of such books. Once you have a solid foundation, you can devise your own system based on technical analysis, risk management, and an objective approach.
Yes, there are a number of resources available to learn trading but I believe anyone who wishes to succeed in this field must have a sound foundation and for that, you need to rely on trading literature written by the top authority figures in the field. Our website’s resource page lists a number of such books. Once you have a solid foundation, you can devise your own system based on technical analysis, risk management, and an objective approach.
10. Any principles in the stock market trading and investing that one needs to know?
Trading and investment are two different things, each of which needs its own system. An efficient trading system is based on a solid, ever-evolving strategy based on one’s own experiences as a trader, minimizing your losses by not letting your gut or emotions rule your choices, documenting all your trades, and assessing them to figure out what does and does not work for you. A successful trader needs to have a scientific approach.
Rakesh Jhunjhunwala, India’s great billionaire investor used to say, “Optimism is very important for becoming a successful investor”. Any competent investor will tell you that optimism is, in fact, key in the field of investment. Another important tip to keep in mind is to buy quality, fundamentally strong stocks as they’re going down. It may sound counterintuitive but it always works.
Trading and investment are two different things, each of which needs its own system. An efficient trading system is based on a solid, ever-evolving strategy based on one’s own experiences as a trader, minimizing your losses by not letting your gut or emotions rule your choices, documenting all your trades, and assessing them to figure out what does and does not work for you. A successful trader needs to have a scientific approach.
Rakesh Jhunjhunwala, India’s great billionaire investor used to say, “Optimism is very important for becoming a successful investor”. Any competent investor will tell you that optimism is, in fact, key in the field of investment. Another important tip to keep in mind is to buy quality, fundamentally strong stocks as they’re going down. It may sound counterintuitive but it always works.
11. What things should be kept in mind before starting trading and investing in this field?
Invest in educating and training yourself and start small.
Invest in educating and training yourself and start small.
Interviewed By - Shashank Sehgal
.jpeg)
){kind=link}
0 Comments