2 minute read
CARVING THE TRUE ENTREPRENEURSHIP WITH LEGACY
Gulshan | Innovative Zone
Inspiring business leaders are those who possess a unique combination of vision, drive, and integrity. They are individuals who have a clear understanding of their business objectives, and they have the ability to motivate their teams to achieve those goals. These leaders are not afraid to take risks, and they have a relentless pursuit of innovation and improvement with the key trait of communicating effectively. They are not only skilled at articulating their vision and goals in a way that inspires and motivates their team members, but they also have the ability to listen actively and provide constructive feedback, which helps their team members to grow and develop. That being said, let’s introduce today’s exclusive edition, “World’s Inspiring Business Leaders to Watch in 2023.”
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Innovative Zone has been a leading platform in the arena of publication renowned for its tremendous monthly editions comprising the untold success stories of the business world. And here again, we are back with another mesmerizing one! In this context, our editorial team had an interesting and joyful virtual session with the leadership panel of Black Diamond Private Wealth LTD, and the CEO of the venture, Mr. Trent Richards, shared numerous lesser-known facts about the company and also shed some light on his overall entrepreneurial journey so far. We truly hope and desire that this fascinating read will add some extra value to the lives of our global readership panel and will surely encourage the budding leaders out there to break the barriers and chase their dreams.
The Journey
Trent Richards, the CEO of Black Diamond Private Wealth LTD (BDPW), has a Financial Services background where he was previously a licensed Financial Planner, Mortgage Broker, Real Estate Agent, Accountant, and Insurance Broker. Trent started trading the financial markets 16+ years ago specializing in Forex, Futures, Options, and then Crypto. Once
Trent mastered crypto trading he opened the BDPW Proprietary Indexed Fund and retired a few years later from the day-to-day grind. Today, Trent lives the island life in Indonesia and runs the Indexed Fund.
Edge Over Others
Dealing with cryptocurrency presents a major challenge due to its high volatility in the markets. However, their experienced team has developed a unique strategy to utilize the volatility to its advantage, resulting in substantial profits. By closely monitoring the market cycles, the team is able to skillfully trade out of positions and shift back to stablecoins when the markets exceed price positions. This enables the team to purchase back at a lower price point when the markets complete the bear cycle, even after an 85% price drop.
“Consequently, our fund experiences massive growth over time. Moreover, we have taken proactive measures to ensure our fund is fully compliant under 401K or Superannuation regulations, thereby providing a secure investment option for our clients based on their respective home country requirements. One major issue with other investment opportunities in this domain is the uncertainty surrounding the projected returns. In contrast, by choosing to invest with BDPW, our clients know the exact amount they will earn upfront prior to investing, mitigating any potential future risk,” says Mr. Richards.
Before signing off, he shared a few words of wisdom by quipping, “To keep up with the ever-changing crypto landscape, we have subscribed to major research companies in the industry, granting us access to cuttingedge market data. Our team then filters this information based on our unique criteria, ultimately yielding a carefully curated shortlist of projects to invest in. This ensures that our fund consistently maintains only the highest quality projects at any given time.”