19 - Launching a Trading Platform - Freetrade.io

The story of having a massive idea and then making it happen.

Adam Dodds, CEO and Viktor Nebehaj, Head of Growth

 

Freetrade.io

 

Freetrade is a revolutionary trading platform for UK investors to make trades for free. Their mission is to completely improve the experience of trading so that people can make the best use of their money and never have to worry about fee's

Adam Dodds, CEO and co-founder of Freetrade shares his experience in starting the platform and key issues and features of the platform.

Viktor Nebehaj is the Head of Growth and goes much deeper into crowdfunding strategies, investing strategies and tools to make you a better human.

Freetrade.io mobile application is launching this month May 2018 which is an exciting time for the company and UK investors. They are also raising their 3rd round of funding on Crowdcube.com for anyone interested to get involved.

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TIPS

  1. Longer term Investing.

I really like Viktor's investing approach of looking for the companies that have maybe been neglected by the stock market with newer fancier businesses like Tesla or facebook taking the limelight but actually have a great business model and are offering a decent return and have invested in R and D to keep themselves producing relevant products and selling a big volume of products and companies like Ford and Nike represent that. 

Also the long-term goal of aiming to be able to make a reliable income of your investments is such a great way to be designing your life and really worth thinking about.

 

2 A good idea can get funding

Apparently raising a relatively small in their words circa £150k is easy. This seems pretty big but with just a few founders with an idea, you can tell a good story about it's totally doable. You need to show you know what you are doing then you really have no excuse to quit your job and just bloody do it. Now in the UK this is even easier with the SEIS scheme but there are similar incentives in many countries.

 

3 Practice real kindness

Kindness isn’t just being nice to your family members and friends or doing acts that you hope to get paid back. It’s about doing things that genuinely help or improve someone else’s life without expecting any recognition or thanks.

Practicing such kindness is the most enlightening, empowering and satisfying thing you can do and learning to make such acts will give huge personal rewards once you can do it.


 

Books

 

Born to Run: A Hidden Tribe, Superathletes, and the Greatest Race the World Has Never Seen by Christopher McDougall

Full of incredible characters, amazing athletic achievements, cutting-edge science, and, most of all, pure inspiration, Born to Run is an epic adventure that began with one simple question: Why does my foot hurt? In search of an answer, Christopher McDougall sets off to find a tribe of the world’s greatest distance runners and learn their secrets, and in the process shows us that everything we thought we knew about running is wrong.

 

Chaos Monkeys: Obscene Fortune and Random Failure in Silicon Valley  by Antonio Garcia Martinez

Liar’s Poker meets The Social Network in an irreverent exposé of life inside the tech bubble, from industry provocateur Antonio García Martínez, a former Twitter advisor, Facebook product manager and startup founder/CEO.

The reality is, Silicon Valley capitalism is very simple:

  • Investors are people with more money than time.

  • Employees are people with more time than money.

  • Entrepreneurs are the seductive go-between.

  • Marketing is like sex: only losers pay for it.

 

Endurance: Shackleton's Great Adventure - Alfred Lansing

In August of 1914, the British ship Endurance set sail for the South Atlantic. In October 1915, still half a continent away from its intended base, the ship was trapped, then crushed in the ice. For five months, Sir Ernest Shackleton and his men, drifting on ice packs, were castaways in one of the most savage regions of the world.


 

Disrupted: My Misadventure in the Start-Up Bubble by Dan Lyons

For twenty-five years Dan Lyons was a magazine writer at the top of his profession--until one Friday morning when he received a phone call: Poof. His job no longer existed. "I think they just want to hire younger people," his boss at Newsweek told him. Fifty years old and with a wife and two young kids, Dan was, in a word, screwed. Then an idea hit. Dan had long reported on Silicon Valley and the tech explosion. Why not join it? HubSpot, a Boston start-up, was flush with $100 million in venture capital. They offered Dan a pile of stock options for the vague role of "marketing fellow." What could go wrong?

 

Hillbilly Elegy: A Memoir of a Family and Culture in Crisis by J.D. Vance

From a former Marine and Yale Law School Graduate, a poignant account of growing up in a poor Appalachian town, that offers a broader, probing look at the struggles of America’s white working class. Part memoir, part historical and social analysis, J. D. Vance’s Hillbilly Elegy is a fascinating consideration of class, culture, and the American dream.

 

Shantaram by Gregory David Roberts

"It took me a long time and most of the world to learn what I know about love and fate and the choices we make, but the heart of it came to me in an instant, while I was chained to a wall and being tortured."

So begins this epic, mesmerizing first novel set in the underworld of contemporary Bombay. Shantaram is narrated by Lin, an escaped convict with a false passport who flees maximum security prison in Australia for the teeming streets of a city where he can disappear.

 


Links:

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