115-When Losing Money Leads to Greater Gains: The Investment You Didn't See Coming

115-When Losing Money Leads to Greater Gains: The Investment You Didn't See Coming

August 09, 20255 min read

From Setback to Success: Mastering Mindset, Integrity, and Execution in Business and Trading

Insights from Anmol Singh on The Six Figure Speaker Spotlight Podcast

In this episode of The Six Figure Speaker Spotlight, Kelley O’Hara sits down with Anmol Singh, founder of Live Traders, performance coach, and author of “Prepping for Success: Ten Keys for Making It in Life.” Anmol’s journey from a shy, introverted student to a successful trader and coach is nothing short of a masterclass in resilience, mindset, and the power of integrity. In this conversation, we dive into actionable strategies and key insights for anyone looking to level up their life, business, and trading game.

1. Embracing Losses as Learning Opportunities

Anmol’s journey didn’t start with success—it began with a $7,000 loss after borrowing $10,000 from his parents to start trading. But instead of quitting, he reframed it as a 'tuition fee' for his education in the markets.

Key Insights:

Small Losses Are Inevitable: Whether you're in trading or business, losses are part of the process. They're not failures—they’re stepping stones.

Growth Mindset: If you're not losing, you're not growing. True progress happens when you push yourself to your limits and learn from setbacks.

Actionable Advice:

Reflect on Every Setback: After a loss, don’t just move on—reflect, document, and adjust.

Normalize Failure: It’s feedback, not a reflection of your worth.

Set Loss Limits: Establish boundaries in business and trading to prevent small losses from snowballing.

2. Overcoming Mindset Traps: Ego and the Need to Be Right

The biggest trap for traders and entrepreneurs alike? The ego-driven need to be right. Anmol warns that clinging to a losing position just to prove you’re right can drain your resources and wreck your success.

Key Insights:

Detach from Being Right: Success isn’t about proving you're always right—it's about making the right calls based on the information at hand.

Emotional Discipline: Fear and greed often drive decisions. Managing your emotions under pressure is what separates the winners from the losers.

Actionable Advice:

Adopt a Data-Driven Approach: Let numbers guide you, not ego or emotion.

Practice Letting Go: Review your positions, pivot when necessary, and make the decision based on facts—not feelings.

Build Emotional Resilience: Strengthen your ability to stay calm under pressure through mindfulness or journaling.

3. Making Sharp Decisions Amidst Chaos: The Role of Integrity

In business and trading, integrity is your backbone. Anmol shares how sticking to your word, even in the chaos of high-stakes environments, is key to maintaining trust and making decisive actions.

Key Insights:

Micro-Integrity Matters: Small promises, like returning calls or attending meetings, train your subconscious to trust you—or distrust you.

Self-Trust Fuels Confidence: When you’re consistent with your word, your confidence grows, making it easier to take bold action.

Actionable Advice:

Schedule Your Commitments: Treat your promises like business contracts—keep them!

Audit Your Integrity: Regularly check in on your commitments and make sure you're aligned with your intentions.

4. Execution Over Information: The Key to Transformation

It’s easy to drown in information overload, but Anmol and Kelley both agree—nothing changes until you execute. Reading dozens of books or learning strategies is useless if you’re not implementing.

Key Insights:

Read Less, Apply More: Focus on mastering a few key principles rather than skimming many.

Action Creates Results: Real transformation happens when you take action, reflect on the results, and adjust accordingly.

Actionable Advice:

Implement Before Consuming More: After learning something new, apply it immediately.

Set Measurable Goals: Break down new lessons into actionable, measurable steps.

Track Your Progress: Use tools like journals or accountability partners to ensure you're executing, not just absorbing.

5. From Shy Introvert to Confident Public Speaker

Anmol’s transformation from introvert to public speaker is a testament to the power of deliberate practice and pushing past your comfort zone.

Key Insights:

Communication Is a Superpower: Mastering your message is critical for leadership, business growth, and client engagement.

Start Small, Build Up: Start in low-stakes environments, like webinars, before stepping onto bigger stages.

Actionable Advice:

Join Speaking Clubs: Organizations like Toastmasters offer a great starting point to practice.

Seek Feedback: Record your talks, review them, and seek constructive criticism.

Prioritize Authenticity: Focus on connecting with your audience, not on being perfect.

6. Building a Holistic Life: Beyond Financial Success

Anmol emphasizes that success isn’t just financial—it’s about developing as a person. True fulfillment comes from balancing wealth with health, relationships, and personal growth.

Key Insights:

Purpose Over Profits: Once financial goals are met, the true reward is in helping others and growing personally.

Balance Is Key: Health, relationships, and personal mastery are just as important as financial wealth.

Actionable Advice:

Define Your “Why”: Go beyond profits—understand the deeper motivations behind your work.

Invest in All Pillars of Life: Make time for health, relationships, and self-improvement.

Join or Create a Mastermind: Surround yourself with like-minded individuals who support holistic growth.

7. Action Steps: How to Start Your Own Journey

Ready to start applying these lessons? Here’s how you can kick things off:

Action Steps:

Read Prepping for Success: Anmol’s book breaks down ten actionable keys to personal development—get your copy now.

Connect with Anmol Singh: Follow him on Twitter, LinkedIn, and Instagram, or visit his website for coaching and mastermind opportunities.

Audit Your Integrity: Start tracking your commitments—both to yourself and others.

Practice Public Speaking: Join a club, start a podcast, or volunteer for speaking gigs.

Reflect and Iterate: After every setback, ask yourself: What did I learn? How can I improve?

8. Final Thoughts: The Power of Mindset, Integrity, and Action

Anmol’s journey is a powerful reminder that success isn’t linear. It’s a mix of mindset, integrity, and execution. Embrace losses, detach from ego, make decisions based on integrity, and most importantly—take action. The journey isn’t about perfection; it’s about resilience and relentless forward movement.

Check out “Prepping for Success” by Anmol Singh and get started on your own path to transformation today!

As the host of the Six Figure Speaker Spotlight Podcast and CEO of O’Hara Consulting West, Kelley O'Hara has dedicated her career to helping speakers, authors, coaches, and entrepreneurs elevate their brand, amplify their visibility, and secure the right stages to drive business growth. With over 35 years of experience in marketing, PR, advertising, event management, and show production, Kelley has honed her expertise to guide thought leaders on their journey to becoming recognized and respected in their industries.

Kelley O'Hara

As the host of the Six Figure Speaker Spotlight Podcast and CEO of O’Hara Consulting West, Kelley O'Hara has dedicated her career to helping speakers, authors, coaches, and entrepreneurs elevate their brand, amplify their visibility, and secure the right stages to drive business growth. With over 35 years of experience in marketing, PR, advertising, event management, and show production, Kelley has honed her expertise to guide thought leaders on their journey to becoming recognized and respected in their industries.

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