Inna Rosputnia – The Wall Street Queen Who Turned $10K Into $3,000,000 In Just A Few Years
Women in trading continue to be the shining light in the current market. There are many examples of female traders’ success stories but we did not have to dig deep to find the truly inspirational female business leader. Inna Rosputnia(Lady F) has overcome great odds and serve as a beacon for all those to follow.
Her example provides a high degree of hardship and success. “Be not afraid of greatness; some are born great, some achieve greatness, and others have greatness thrust upon them“, so rightly stated by William Shakespeare.
Inna Rosputnia is one of the most successful female traders. Nominated to Women in Finance Awards in 2016, known as a trader, who turned $10k into $3,000,000 in a few years of trading and run one of the most fast growing investment companies, she was named “Wall Street Queen” by one of the bankers during the Women Economic Forum.
“When I was a child, nothing could have predicted my future career in finance. The only thing that connected my growing up in small Ukrainian village and Wall Street was watching American TV series with my granny. There were always some stories about investing, stocks, oil etc., and I dreamed of understanding and getting into this world.” – says Inna Rosputnia.
She was working as model and TV host but became closer to her true purpose only in 2007. Inna kept thinking about what she would like to do next; meanwhile she was working at Alfa Insurance IC.(a part of Alfa Group Consortium – one of Russia’s largest privately owned investment groups, with interests in oil and gas, commercial and investment banking, asset management, insurance, retail trade, telecommunications, water utilities and special situation investments). Finally, Inna began trading futures, commodities, and stocks in 2009.
“When I first started I was broke and in debts. I didn’t have the right to fail and I was always moving forward no matter what and no matter how difficult it was. When you can’t make a step back, you do your best, you open all your inner resources to proceed and to reach your goal. At most difficult times, when I was feeling like giving up, I looked back on how far I have reached already and how many people were depending on me. My family was always my pushing power, giving me support and inspiration.” – Inna tells.
Inna has also been active as a philanthropist since 2013 when she began providing funds to help women in Africa to attend universities and start own business. In 2016, Inna joined Cherie Blair Foundation for women to contribute to women empowerment and promote gender equity, human rights, and transparency. Inna has a special mission to engage women into trading and investing, educate them and empower.
Being a woman trader, who started from zero, and became millionaire she understands when it comes to financing and investing, women have special needs. Her work with Cherie Blair Foundation inspired Inna to wrote a book ‘Basic instinct of Woman Trader‘. In this book, Inna shares secrets about how to change mindset to succeed in trading and investing, and how to be profitable in trading. Her book is aimed to empower women, as she told her own story there.
“To reach any goal you need to make the first step – don’t wait for the right time (It will never come), do it now. Taking action is the way to success and common feature of all successful people. Just trust your inner voice, believe in yourself and keep moving forward!” – wrote Inna in her letter to readers.
As trader you can’t think short-term. Trading is like a war. You can win one battle in a war, but it doesn’t mean the war is over. It continues. Too often traders are focused on the next trade or making money immidiately, they loose sight of the fact that this is a long-term business.
If more traders would think of this as being a business they would understand that point more clearly. Do you know of any business that tries to make all the money they can in the first week or two? – I don’t.
The success of business comes from endurance and staying power. The difference between great traders and the many that they come and gone is that the great ones are still here because they have a long-range view of their business of trading.
People that just come into this trading game start running out too fast over trading, betting too much on the trades, trading too often, trading too many markets. There is no next month in their world.
I want you to understand simple thing that the massive wealth that has been taken out of the market, was never taken out in a short time. The fortunes were generated by consistent application of effective trading rules.
I get so many people that want to get daily income from trading. When I tell them it’s virtually impossible (some days are good, some days are bad), they most often go on their way looking for someone who will tell them what they want to hear.
I have been following markets for 8 years, I made millions in trading, I have seen a lot of people come and go and a lot of successful tradersand I know for sure the wealth is generated on a consistent basis and it’s long-term process.
Good luck with your trades!
Thank you all for your messages! It’s a pleasure to hear from you always! Recently I got few messages with the some question – How to start trading stocks, forex and bonds etc. So today I will give you short guidance.
First of all you have to get good education. Don’t try to get your education absolutely for free. In trading you will pay for education any way – if you will not get enough knowledge, you will get huge losses. Believe me, I know ir fron my own experience. Education gives you basics, understanding of markets, how to make money on market etc.
Second step is to open an account. You can start with virtual account, but as soon as you are ready open real account with small amount of investments. Here is why – emotions on virtual account trading and emotions on real account trading are two different things.
Third step is to find good mentor. It’s much different from education. As mentor quides you and help you to find your owm way in trading and build your own strategy. Don’t try to copy other traders and their strategies. We are humans and we all are different. The same strategy can work perfect for one trader, but be unacceptable for other. Mentor helps you to understand yourself and build strategy within your comfort zone.
Hope my advices will help you to start trading!
Clad to share my new interview at 1000+ Stories, specially focused to empower women traders.
Reason for starting? When I first decide to start trading and investing, I could not find the guidanc or understanding of how it all works. And it was really difficult to find a good trader to manage my assets, a trader who is good with money and down to earth, focused on me, on my goals and not selling me general “working for all and suitable for all” investment decisions. It was the motivation to start Lady F Wealth Management – the place and the company I was looking for few years ago. I have a special mission to engage women in the investing world and to make our services transparent and global. Everyone, regardless of country of origin can access our services online and get customized investment advice or mentorship.
How do you define success? For me success is to fulfil myself, to do a job that makes me happy and inspires new projects. It’s a feeling that is burning inside of me every morning when I wake up. It’s being happy with what I do and having time to enjoy life with my family and the people I love. Our main goal is to make difference in the world by giving people access to professional services in investing and trading. We want to make investing easy and easy to understand for ordinary people and to empower and engage women in investing and trading.
Biggest success: My biggest success is building a strong family and keeping balance between my business and personal life. I was nominated for the Women in Finance Awards last year and It was a great honour for me to be among the 30 most successful women in the Finance field. I achieved this thanks to my family and their support.
What is your top challenge and how you have addressed it? I think challenge is good as it makes us smarter. It motivates me to make better decisions and to find new opportunities. It always opens new doors. Many people want to make investments and build their wealth, but very often they do not know how to do that and they are afraid of being scamed or making the wrong choice. I think this gives us a chance to build a service and customer experience that changes the way people think about investments and the way people invest. Lady F Wealth Management is the evolution in trading, investments and wealth management.
Who is your most important role model? My role models are women who change the world, who make the biggest contributions to making a difference, strong women who have overcome fears and obstacles – unstoppable women.
Don’t let your day job or lack of capital stop you from finding and testing a business idea. Here’s how.
Last year, I embarked upon a personal challenge to validate a business idea in 30 days.
To make it even more difficult, it was a random idea chosen by my readers. They asked me to do it without using my existing website, traffic and business connections and without spending more than 20 hours per week on the project. On top of that, I limited myself to spending no more than $500 validating this idea.
The experiment was a success.
In just two weeks, I built an email list of 565 subscribers without having an actual website. Then, I reached out to a handful of those subscribers and pre-sold 12 copies of a book that didn’t even exist yet, all in less than 30 days. I wrote about the experiment in real-time with in-depth weekly updates, successes, failures and lessons learned along the way, right here in my validation challenge.
Today, I want to share with you the five most effective ways to validate a business idea — quickly and without breaking the bank, based on what I learned through this experiment and from building several other businesses over the years.
1. Join an online community.
All great business ideas come from solving your biggest frustrations; the ones are also facing with similar obstacles. Want to uncover which problems you could get paid to help people solve? Join a topically relevant group on Facebook, LinkedIn or Slack, where members all have a shared interest.
Start asking genuine questions. Determine what their biggest challenges are in your topic area. Through these conversations, you’ll hear first-hand from your target customers exactly what they want. This gives you an incredible opportunity to create something more valuable, effective and unique to satisfy their needs in ways that others currently are not.
2. Guest posting.
The logic behind guest posting is simple. Get a preview of your upcoming solution, the idea you want to validate, published and highlighted on a more popular website that already has your existing audience built-in. Within your guest post on the same topic as the idea you want to validate, include links back to where readers can have the opportunity to learn more about what you’re building.
When I wanted to validate the idea for my first online course teaching people how to build a side business, I spent countless hours landing my first guest posts on blogs like Buffer, CreativeLive, The Daily Muse and other destinations, where I knew my audience was already reading.
Shortly after sending a cold email pitch to a writer at Buffer, my first guest post about finding meaningful work went live and in less than a week I’d amassed a couple hundred email subscribers that wanted updates on my course. The phone, email and Skype conversations I had with those early subscribers laid the foundation for the community I’ve grown and the products I’ve built.
3. Facebook ads.
If you’re willing to allocate a budget of $100 to $200 for driving paid traffic to your landing page through Facebook Ads, you can expect to get upwards of a couple hundred highly targeted visitors to come check out the idea you’re working on.
With a previous business, my partner and I were able to validate a brand new product line before investing in it. We spent $100 on Facebook Ads, collecting leads by offering a free downloadable guide. Then we transitioned into phone conversations with those potential customers, before landing our first $5,000 sale in less than two weeks. If you’re ready to try out your first Facebook Ads, get started and do it right.
Choosing to run a contest or giveaway to help validate your idea can be massively successful in terms of growing your list of prospective customers, if you choose the right incentives to include in your giveaway. One of the most common mistake entrepreneurs make with hosting a giveaway, is awarding prizes that everybody would want to win.
If you run a giveaway, the prize needs to be very closely related to the solution you’re planning on building. That means no Amazon gift cards or iPhones. If you want to host a giveaway to validate your photography-related website idea, start by asking what photographers want most, which could be a free subscription to Adobe Lightroom, a new lens kit or a coaching session with a well-known photographer in their space.
Then, make sure you’re using the right giveaway platform to help incentivize entrants to share with their communities. If you can get each giveaway entrant to refer five of their friends, you can quickly go viral and build a large interest list. The Kingsumo Giveaways plugin for WordPress has this incentivized sharing feature built-in.
5. Amazon reviewers.
Want to validate your product idea? Start by combing through reviews of related products on Amazon to see what existing customers like, dislike and complain about most. Focus on identifying the two and three star reviews, where the customers are somewhere between ecstatic and wildly unhappy with their purchase.
Then, click through to the reviewers profile and click the button that says show more; the vast majority of Amazon reviewers that don’t edit their default profile settings, so you’ll likely see an option to send them an email. Reference their review, briefly mention you’re building something similar that’s designed to improve upon the product they reviewed, and ask whether they’d be up for answering a few questions.
At the end of the day, to succeed in business you need to be helping real people solve real problems. More importantly, as serial entrepreneur and TED speaker Derek Sivers shared with me in a recent interview, “Start now, you don’t need funding. For an idea to get big, it has to be useful—and being useful doesn’t need funding.”
The psychological trap of needing more time, money, experience or other resources before starting to build a business holds many aspiring entrepreneurs back from ever achieving their dreams. You have to work with what you’ve got. Start by simply validating your idea. The goal of validation is to give you relative certainty about the viability of your idea; it’s not a guarantee of success.
Validating your idea today will help prove that you’ll have a growing, paying audience of customers for the solution you plan on building, before you go out and create a finished product or service. Without validation, you run the risk of creating a solution to a problem that doesn’t really exist. Begin without grandiose expectations and just endeavor to be useful to people today. Help them overcome their challenges, document what works and see where it takes you.