Entrepreneurship & Fearlessness: How Dapo Willis Built a $50 Million Business
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Introduction
Dappo Willis is the CEO of Western Sahara and a YouTuber. He talks to Casey Stubbs about his experiences trading in Dubai. Dappo: "The weather is very bipolar in the sense that when it's happy, it's happy"
Dapo Willis is a serial entrepreneur and Managing Partner of Western Sahara Worldwide Services, a holding company based in Dubai, United Arab Emirates. The company has subsidiaries in various industries such as investment management, agro services and e-commerce.
Willis began his entrepreneurial journey at the age of 17, shortly after graduating from high school. He has built a reputation for providing value to the marketplace and has generated over $50 million in revenue for his organization, partners, and associates. He is a highly skilled financial analyst and public speaker with a large social media following, with over 100,000 people under his influence on platforms such as Instagram, Twitter, and YouTube.
In this episode of How To Trade It, Dapo and Casey discuss the best way to trade Forex with a “zoomed out” approach to the markets. You don’t want to miss it!
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You’ll want to listen to this episode, if you are interested in hearing Dapo Willis discuss…
- [08:02] “I blew my inheritance!”
- [10:46] Technical analysis
- [21:41] Finding a mentor changed everything
- [30:21] Predicting the BIG moves
- [41:28] “I’ve come a very, very long way…”
From the top down
Top-down technical analysis is a method of analyzing financial markets by starting with a broad view of the market, such as a monthly chart, and then drilling down to shorter time frames, such as weekly and daily charts. This approach allows traders to identify larger trends and patterns in the market, which can then be used to inform trades on shorter time frames. By starting with a monthly chart, traders can identify long-term trends and patterns that may not be visible on shorter time frames.
Life after trading?
While trading has been great and unbelievably profitable, Dapo considers himself more of a businessman than a trader. He was recently offered a job with a Middle Eastern hedge fund where he would be managing half a billion dollars. The verdict is still out on whether or not he’s going to accept that position. After taking some time off from trading at the beginning 2023, Dapo will continue to pursue his e-commerce and agro businesses. He’s been using the funds acquired over his decade of trading to build farms back in Nigeria. Dapo’s also getting into exporting things like fruit, sesame seeds and ginger. He believes it’s important to diversify as much as possible by having numerous revenue streams. Willis is creatively finding ways to have his money work for him, so that he can retire from full time trading in his early 30s.
Resources & People Mentioned
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