Dave Lukas Chats with Jeff Bishop and Jason Bond
154: Go Where Your Competitors Aren’t; From $0 to $50 Million+ in Less Than 5 Years with Jeff Bishop and Jason Bond
This week’s Misfit Entrepreneurs are Jeff Bishop and Jason Bond. Jeff and Jason are the co-founders of the trading and investing education powerhouse, Raging Bull. Jeff and Jason started out in completely opposite directions. Jason went from school teacher and being $250,000 in debt to becoming a self-made millionaire trader and Jeff failed building 4 business, even trying his hand at being an online poker player, and became a multi-millionaire at age 35.
Together, Jeff and Jason have taken Raging Bull from idea to an over $50 million a year business teaching people how to invest and create financial freedom worldwide.
I’m really excited about this episode, as a lot of you know that I have my own trading and investing strategy that I teach and I’ve wanted to bring on some of the most successful traders in the world to open your eyes to the possibilities that exist for you – as well as have you learn from two guys in the trenches every day of not only trading, but building a massive business.
Jeff and Jason started in totally different paths. Jeff started in Texas and Jason was in New York. About 15 years ago, after failing in a few businesses, Jeff got started in internet marketing. He always thought that working online would be his path to success. He was writing online articles on financial websites and built a few financial related businesses when he came across Jason. Jason was a teacher that hard started a small trading education business and reached out to him to collaborate.
Jason was a school teacher working on his 2nd masters degree to be a principal. His wife was a teacher as well. He was 7 years in when it really hit home that with the $250k in debt that they had and the minimal raises they were getting, that it wasn’t going to cut it. He started dabbling in stocks and quickly lost some money, so he started searching for someone to teach him how to trade. That is how he found Jeff. He had seen him as a professional trader online.
Jeff and Jason made a deal that if Jeff taught him how to be a professional trader, then Jason would use his skills as a teacher to teach others how to do so.
It took 3-4 years to get things off the ground together, but then turned into something big.
Jason, you went from being a school teacher deep in debt to building this $50 million+ business with Jeff in 3-4 years, what have you both learned about building a successful business that is critical for entrepreneurs to know?
At the 12 min mark, Jeff talks about how the internet changed the game and allowed them to really carve out the niche.
What is your best advice for entrepreneurs starting out today?
Can you talk about the mental side of succeeding as an entrepreneur?
At the 20 min mark, we have a discussion about the ways people look at wealth.
Talk about how you’ve built your community of clients…
At the 32 min Mark, Jeff and Jason talk about the systems they have created that help grow and sustain their business.
What does it really take to be a successful trader? What is most important for people to know?
At the 54 min mark, Jason and Jeff explain the world of penny stocks and how it works as well as insight into trading options…
Biggest trading mistake and the lessons learned from it?
#1 Quality trader’s should develop?
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