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

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🕒 CHAPTERS

00:00 - The #1 Rule for Effective Leadership

00:38 - Introduction to David Miller

01:20 - Why Every Entrepreneur Must Embrace Failure

02:19 - Overcoming a Scarcity Mindset

03:04 - From 11 Years to 2.5 Years: The Secret to Scaling to $10M

07:23 - Trust: The Most Valuable Currency in Business

16:54 - The $10M Mistake: My Rogue Trader Story

25:42 - Navigating Banking Shutdowns & High-Risk Industries

31:02 - How to Build Trust and Network Effectively

38:10 - Conclusion and Final Takeaways

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