The Prop Firm Model That Changes Everything With Brett Simba | 156

The Day Trading Show

Welcome to The Day Trading Show. This podcast is hosted by Austin Silver and powered by ASFX. We bring you conversations with the best traders of our generation. No rented Lambos or fake Rolexs will be found here. Grab your indulgence and enjoy a discussion focused on making money in markets, trading psychology, and becoming the best trader you can be!

This is the best podcast in the world for day traders so make sure you're subscribed! Brett Simba, CEO of Tradify, shares his journey from trading during the 2016-2017 crypto boom to building Simba Stocks, a popular trading community. He transitioned from a personal brand to launching Tradeify, a scalable, faceless prop firm, to ensure long-term growth. Brett delayed Tradify's launch to study competitors and refine its business model for the evolving prop firm space. Tradeify faced challenges with brokerage platforms, emphasizing clear communication and quick resolutions to maintain customer trust. Brett highlights the importance of team building, hiring moderators, marketers, and customer service staff to scale operations effectively. He stresses balancing customer satisfaction with operational efficiency and adapting to industry challenges.

A recent platform issue tested Tradeify’s crisis management, leading to valuable lessons for streamlining support processes. Brett reflects on industry-wide problems, such as unsustainable risk-reward models, and shares insights on maintaining a firm’s credibility. Entrepreneurs are advised to focus on building adaptable, customer-focused businesses with robust operational foundations. Tradeify plans to scale further by automating processes, expanding its team, and strengthening its position in the prop firm space.

Save on your Tradeify Accounts with code: ASFX Link: https://tradeify.co/ref/894/

Connect With Brett - https://x.com/BrettSimba

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Sponsor: Edgeful

Link: https://edgeful.com/?via=asfx

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Sponsor: Futures 2.0

Link: https://asfxtv.uscreen.io/categories/category-JuUKnefocw8

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Connect With Austin:

https://www.instagram.com/austinsilverfx

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