Forex IB business done right

GabrielPod

New member
Hello everyone! Hope that you had a great start of the week.

This post is mainly for serious people that want to have a long term business in the FX world, if you are looking for a quick profit or fake guarantees, skip this!
Now, if you are still here let me tell you about the real things that help you or stop you from growing your own business:
1. You need to take responsibility for your product. Regardless of the service you provide to your customers ( education & learning materials, signals, copy trading or EAs), you are the one responsible of the success achieved, fix the issues, listen to your customers and always try to improve. The only thing a broker can do to help you get better is to assign you a business developer to make sure that you are on the right track, the rest is on YOU.
2. You need to focus on long term. Try to control the urge of focusing on revenue only, there are countless of brokers out there that can offer you more and more $ but that won't provide you value and a lot of times is actually detrimental to your long term business. Focus on the things that makes sense and bring you value such as: TRUST in the Broker and their Vision, INTEGRITY of the broker so they will not go for the quick profits and keep their promises, SUPPORT & EXPERIENCE of a good Business developer as in order to reach greatness everyone needs a good coach/mentor to make sure that the business plan is well done and properly executed and last, TOOLS provided such as: Local Payment methods, Fast Support, Fast and secure Deposits & Withdrawals, a spread that makes sense, intuitive and easy to use portals.
If the above is followed:
1. You will build a healthy brand for your business that will grow under your terms.
2. Your clients will trust you and recommend you.
3. You will find a Broker that will compliment your product and help you reach new heights
4. You will build a network that brings value to everyone and will most likely last forever, thus you will generate a stream of income that will pay you forever
If you try to skip the process few things might go like this:
1. You will find the broker focusing BEST payout, thus ending up with more revenue on short term but partnering with a greedy broker that will stop supporting you the moment they are not earning from your business. Also, forget of your network, they will try to squeeze them out thus destroying your hard work.
2. If not focusing on improving the product, the clients will just look for an alternative and nowadays there are thousands of alternatives of everything. If they don't feel that you give them value, they will just go for the cheaper option.

So, the question is: You want short term big money where you have to work again and again from beginning? Focus on getting biggest payout.
You want long term? Let's connect and see how we can help you reach new levels.
Have questions? I am ready to answer to everything that I can provide an answer to.
 
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