Many young people understand it isn’t necessarily hard to become an entrepreneur. But few have real success. According to Mihir Sukthankar, entrepreneurship can be learned and achieved regardless of your age. Sukthankar isn’t your typical entrepreneur. Starting as a web designer in high school, he says he stumbled upon the stock market almost by accident. To this day, he claims it’s been his most life-changing accident and has helped shape his entire future. So is there much to learn from a 19-year-old stock market trader? It turns out, Sukthankar has a lot figured out and is already sharing his knowledge with thousands of other budding, young traders.
Starting Multiple Businesses
Sukthankar started his career working in the world of web design, designing and coding websites for nonprofits while also teaching kids how to do the same. His work with children led him to deal with larger groups. And before long, he says he founded Traders Circle X (TCX), a dedicated community of traders who learn from Sukthankar’s own trading decisions. He says he combined his love of coding and trading to develop additional business on top of TCX, like BoostedQuant. Sukthankar explains BoostedQuant as a trading bot he believes can revolutionize the entire trading and investment game. He’s also developed a third business, Market Dice. Market Dice helps traders sort through the “fluff,” as he calls it, to get accurate news, without the spin many media outlets use.
Making Money On the Market
As many investors will tell you, making money through trading is not a sure thing. However, Sukthankar believes if you can limit your losses and extend your gains, you’re in for some lucrative months. Through TCX, he has helped beginner traders find their legs in the world of trading, offering his own insight into the way he trades. By following what he does, his students can profit off his decisions. But more than that, Sukthankar says he believes in “teaching people to fish, rather than giving them fish.” He says he used to be in the same situation as beginner traders, and has learned from his mistakes. Now, he offers traders a simple way to learn — by following in his footsteps.
The Skills That Matter
Sukthankar believes the only thing stopping someone from making the most of their lives is themselves. As a successful trader, he says he often reminds people that he came from humble beginnings and that his success isn’t due to a trust fund. It’s because of his dedication and hard work, he says. When he started, he didn’t have a direct mentor, and much of what he learned was self-taught. He wanted to change that and be the mentor he missed having. He offers his understanding of fundamental trading to new traders, with a goal to see them get a real chance at earning in the stock market.
Commit To Your Goals
According to Sukthankar, procrastination is the most common enemy of success. He suggests those who want to succeed in the stock market need to face their procrastination and deal with it. He says he met his own frustrations at the start of his entrepreneur journey. Using himself as the model, he gives his opinion to other traders on how to best approach procrastination and how to overcome this killer of productivity. Based on TCX’s current social media following, it’s safe to say Sukthankar is doing something right.