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HBO and The Ringer's Bill Simmons hosts the most downloaded sports podcast of all time, with a rotating crew of celebrities, athletes, and media staples, as well as mainstays like Cousin Sal, Joe House, and a slew of other friends and family members who always happen to be suspiciously available.
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David Miller is the Founder and CEO of Alchemy of Scale, a coaching practice that helps entrepreneurs systematize their operations and unlock true business growth. Imagine hiring a trader with a perfect resume, only to have them go rogue and lose millions of dollars in seconds. In this episode, David shares the full story of How a Rogue Trader Cost My Company $10 Million, including the six-year battle with the SEC that followed. We also discuss the systems he learned from this failure that allowed him to scale his next business to $10M in just 2.5 years. This is a raw, cautionary tale about trust, resilience, and the real cost of leadership. Check out the company: https://alchemyofscale.com
Book a 1-on-1 advisory session with me to apply these principles to your business: https://calendly.com/wltb/advisory
👀 CONNECT WITH SEAN
Subscribe: https://www.youtube.com/@seanweisbrot
LinkedIn: https://linkedin.com/in/seanweisbrot
Inquiries: [email protected]
🕒 CHAPTERS
00:00 - The #1 Rule for Effective Leadership
00:38 - Introduction to David Miller
01:20 - Why Every Entrepreneur Must Embrace Failure
02:19 - Overcoming a Scarcity Mindset
03:04 - From 11 Years to 2.5 Years: The Secret to Scaling to $10M
07:23 - Trust: The Most Valuable Currency in Business
16:54 - The $10M Mistake: My Rogue Trader Story
25:42 - Navigating Banking Shutdowns & High-Risk Industries
31:02 - How to Build Trust and Network Effectively
38:10 - Conclusion and Final Takeaways
📈 WORK WITH ME
▶ Book a Paid Advisory Session: https://calendly.com/wltb/advisory
▶ Sponsor the Channel: https://www.welivetobuild.com/collaborate
▶ My AI/Automation Agency: https://optimai.ai
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