How a Rogue Trader Cost My Company $10 Million

David Miller is the Founder and CEO of Alchemy of Scale, a coaching practice that helps entrepreneurs systematize their operations and unlock true business growth. Imagine hiring a trader with a perfect resume, only to have them go rogue and lose millions of dollars in seconds. In this episode, David shares the full story of How a Rogue Trader Cost My Company $10 Million, including the six-year battle with the SEC that followed. We also discuss the systems he learned from this failure that allowed him to scale his next business to $10M in just 2.5 years. This is a raw, cautionary tale about trust, resilience, and the real cost of leadership. Check out the company: https://alchemyofscale.com----------------------------------------------------------------------------------------------------------------------------📚 NETWORK BEFORE YOU NEED IT (6 LESSONS THAT MADE SEAN $15M)----------------------------------------------------------------------------------------------------------------------------▶ Get my eBook free - https://welivetobuild.com/network-----------------------------------📈 WORK WITH ME-----------------------------------▶ Buy 300 Lessons From 300 Founders: https://welivetobuild.com/300-lessons-ebook▶ Book a Paid Advisory Session: https://welivetobuild.com/book-a-call▶ Startup Fundraising: https://welivetobuild.com/fundraising▶ Sponsor the Channel: https://www.welivetobuild.com/sponsorship---------------------------------------------👀 CONNECT WITH SEAN---------------------------------------------▶ LinkedIn: https://linkedin.com/in/seanweisbrot▶ Inquiries: [email protected]🕒 CHAPTERS---------------------------00:00 - The #1 Rule for Effective Leadership00:38 - Introduction to David Miller01:20 - Why Every Entrepreneur Must Embrace Failure02:19 - Overcoming a Scarcity Mindset03:04 - From 11 Years to 2.5 Years: The Secret to Scaling to $10M07:23 - Trust: The Most Valuable Currency in Business16:54 - The $10M Mistake: My Rogue Trader Story25:42 - Navigating Banking Shutdowns & High-Risk Industries31:02 - How to Build Trust and Network Effectively38:10 - Conclusion and Final TakeawaysLeave a Review (it truly helps us grow): https://welivetobuild.com/review Hosted on Acast. See acast.com/privacy for more information.