A single speaker explains why execution matters more than the idea itself, and how the right team makes a business plan work. Personal responsibility in trading is treated as a form of business investment.
One of the biggest things in a business plan is the executive summary. Because you can have a great plan, it can be the best. You can have the next Uber, the next Microsoft killer business plan. But you got to have the right, the right person or people executing that business plan and making it happen. Now, with trading, you're the person, the executive summary. It says you. You're the one that's doing this. And here's the thing. When you look at a standard business plan, a traditional business plan, the first section is the executive summary. Because whenever you're looking at a business plan as the investor, which you are the investor in this business, you're a business investor. You could have taken your money and put it in other businesses, but you chose trading.