The Business

I am facing one of my main challenges in maintaining discipline and follow through on my approach due to a lack of structure and organization in my activities. There is a lot of focus in trading literature on dealing trading as a business and this document is obviously a first and important step, but little can be found on the How to treat it as a business, especially when you have a lot of other things going on in life. In short, I decided to structure my business – as a business.

  • Simplifies tasks and roles into structured and manageable chunks
  • Fits to what I know in terms of professional experience
  • Reinforces concept of treating trading as a business
  • Gives each task a priority role as once you are working in that role, you have a clear mission and goals
  • Fosters “competition” between functions. Audit will be merciless with other functions etc.

organization

Each functions’ workflow can be derived from the tasks outline below. Furthermore each function has to report on a weekly basis what has been done and achieved. The report serves to foster accountability and give the CEO the necessary insight for the performance review and to take corrective actions.