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Shipping and Commodity Academy 👉https://bit.ly/394CFHI How to close your FIRST physical commodity deal (mini-course)👉 • How to close your FIRST physical commodity... In this live stream, we discuss a straightforward business model that Damien has seen in action for years. This part of the supply chain is often overlooked and misunderstood. Copy it. Timestamps : 0:00 – Secret African “millionaires” & the obvious model 0:20 – My background: dairy trader focused on West Africa 1:08 – What they all have in common: importers & distributors 1:21 – Why “sell to Africa” beats “export from Africa” (for most) 2:24 – My Senegal attempt (import & distribution) + partner lesson 3:21 – How the model works: import → clear customs → warehouse → distribute 4:13 – Starting from nothing: village → port arbitrage with upfront cash 5:32 – Asking importers for short terms (e.g., 14 days) to rotate 6:14 – The 1-in-1000 who always pays on time wins more supply 7:05 – Leveling up: import direct, get credit insurance, 60-day terms 7:51 – From zero to significant in ~5 years (skill → capital) 9:05 – MBA risk review vs reality 9:29 – Currency risk (and why everyone’s in the same boat) 10:17 – Political/regulatory risk (bans, tariffs, corruption) 10:44 – Price risk: don’t “bet,” ladder purchases to average cost 11:28 – Counterparty & operational risks (your core skill) 11:58 – The “secret sauce”: be steady in chaos, capture share during shocks 13:27 – Simple model, chaotic context, consistent execution → wealth 13:41 – Neo-Phoenicia note + Oct 16 members-only event 14:07 – Transition to Q&A Q&A chapters 14:20 – Import vs export: which is easier to start with? 14:45 – Price risk mitigation: buy in small, regular batches 16:15 – Dubai event details (format, topics, proximity) 16:40 – From first pallets to full vessels (viewer story) 16:54 – Do most lose on hedging? When it makes sense (scale, producers, debt) 17:56 – Easiest place to start a business? (there isn’t one) 18:12 – Where real profits come from: supply-chain dislocations, speculation 18:43 – What they actually sell: staples & fast cash cycles; rebar, etc. 19:59 – Oil price outlook (no crystal ball) 20:16 – For those who can’t attend Dubai (possible snippets) 20:39 – Crypto in trade: USD stablecoins, SWIFT pain, adoption hopes 21:42 – Scrap vs new material: pricing = reprocessing delta 22:02 – Mindset: consistency beats difficulty 22:46 – Team/corporate discounts for SACA (email to discuss) 23:04 – Why Kuala Lumpur (cost, talent, access to region) 24:36 – USDT already used in sub-segments of trade 25:05 – Why you shouldn’t share your numbers publicly 25:34 – KL as a hub (air connectivity) 25:47 – “Next big” commodities? Coal has legs; bio-methane anecdote 26:51 – Advice for a trainee in a big trading house (skills & politics) 27:59 – Rare earths (“rarus”): niche, small volumes 28:25 – Packaged confectionery market? (unknown) 28:44 – Pricing refs for semi-finished metals (LME with discount) 29:12 – Export bans & “processing” workarounds (e.g., shea, lithium) 29:52 – Wrap-up & closing remarks Disclaimer The content of this video is provided for informational and educational purposes only and does not constitute financial, investment, legal, or other professional advice. Nothing in this video should be interpreted as a specific recommendation to buy or sell any investment or financial product. Always consult with a qualified professional regarding your individual circumstances before making financial decisions. All views expressed are my own and do not necessarily reflect those of my employer or affiliated institutions. Investments carry risk, and past performance is not indicative of future results.