Connect with us


The Lessons to Learn from Stock Sharks’ Founding

Is there anything other than a good idea that an entrepreneur needs to be able to start a business? Usually, yes, but that doesn’t mean that having the right idea isn’t important. It’s the spark that starts the fire.

As far as Stock Sharks is concerned, the initial idea was both a good one and the right idea. It just so happens that it occurred at the right time, completing the trifecta. In its essence was a desire to build a community around a solution to the problem and use that model to spread the membership base across the world.

Because the idea succeeded, it could be useful to see how the people who had it developed it. There were three key realizations they had, and each related to an essential aspect of starting and running a business.

The Problem

The story of Stock Sharks starts with Sheraz Ali, the company’s co-founder. In his search for higher risk investments in Canada, Sheraz found that most financial advisors who crossed his path had an exceptionally low-risk tolerance.

The problem behind this, as Sheraz and eventually his business partner JR Alexander saw it, was a lack of knowledge about the market and the products they were investing in. That’s the kind of knowledge that could be derived only from a mix of research and hands-on experience. It’s also the kind of knowledge that would help people move away from the advisor’s conservative returns and take their investment into their own hands.

The Market

Whenever there’s a problem that needs fixing, a solution-oriented entrepreneur will ask a question: is it bothering a lot of people? Or, could it be that it’s bothering a few people who are willing to pay a lot of money to have it fixed? There’s no use in developing a solution if there isn’t a market for it.

Sheraz and JR had their market. They can speak to the appetite for learning that existed at the time, and that was evident among investors in widely different areas. It also happened that, because it’s possible to invest internationally, the future Stock Sharks had another important advantage: a global market.

The Solution

With a well-defined problem and a market eagerly waiting, going ahead to create a solution was the next logical step. In this case, the solution was in the Stock Sharks founders’ ability to research and analyze companies and industries. They would create the knowledge that the market needed.

As for distribution, the choice came down to EdTech. However, what’s more interesting was the idea to include an additional selling point into their offering: a community element. That’s why, today, Stock Sharks is a company with a global membership that forms a diverse community and participates in the growth and development of the company through referrals.

Final Thoughts

When starting a business, it’s important to do things in the best way possible. Finding a problem and its solution, looking for a market, and figuring out how to deploy the solution are important steps that need to be executed carefully and correctly.

What Stock Sharks did, however, took the process a step further. They found a way to convert their members into a mix of brand ambassadors and vetting officers. The best thing about it is that they did it by working hard, providing a good service, and having a great connection with their members.

Nicolas Bueno is a Columnist at Disrupt Magazine. Nicolas Bueno is also the Content Manager at HighKey Agency. With a background in public relations and his passion for business, he now shares exciting stories of entrepreneurs and how they’re succeeding in their fields!

Advertisement Become A Crypto Expert

Join Disrupt Magazine

Become A Crypto Expert
Become A Disrupt Contributor

Most Disruptive

Entrepreneurship5 months ago

Navy Veteran Davis Chris Takes the Music Industry by storm

In life, you need to break down anything that might be holding you back and change course if need be...

Entrepreneurship6 months ago

5 Disruptive Leaders Paving the Way in 2021

Where there is uncertainty, lies a whirlwind of opportunity. 2020 was the year that had entrepreneurs learn a great deal...

Politics1 year ago

Brock Pierce Wants To Disrupt The Two Party System And Be Your Next President

We don’t usually cover politics much here at Disrupt, but when Crypto billionaire and friend of the show, Brock Pierce...

Business1 year ago

John Mcafee – Predictions For The Future

John McAfee is a world-famous tech CEO, computer scientist, civil disobedience activist, privacy advocate, and pioneer of the commercial anti-virus...

Finance1 year ago

Gaby Wall Street – Teaching Latinas to Thrive During The Crisis

It’s no secret we are facing one of the most challenging financial times of the last few decades as we...

Entrepreneurship1 year ago

Tony Delgado – The #1 Entrepreneurship Movement In Puerto Rico

Puerto Rican online market is in constant progress. With many entrepreneurs who are coming here to start a business, it...

Entrepreneurship1 year ago

Elena Cardone – The 10X Ladies Conference Is Declaring 2020 The Decade For Women

The next ten years are meant for women to continue growing their potential and succeeding in multiple areas, including business....

Marketing2 years ago

How Josh Elizetxe Built Snow Into a $40 Million Dollar Business

There is nothing quite like an entrepreneur’s determination when starting a business. That’s my original quote by the way (pun...

Entrepreneurship2 years ago

How Jason Capital Became A Self Made Millionaire By 24

Have you ever wanted to earn the respect of everyone who ever looked down on you at some point in...

Entrepreneurship2 years ago

Sam Bakhtiar On His Way To A Quarter Billion

Dr. Saman Bakhtiar, who prefers being referred as Sam, lives in an 8200 square foot $5.2 million house, Sam is...


Copyright © 2020 Disrupt ™ Magazine - Disrupt is a Minority Owned Privately Held Company

Disrupt ™ is the voice of Latino entrepreneurs around the world. We are part of a global movement to increase diversity in the technology industry and we are focused on using entrepreneurship to grow new economies in underserved communities around the world. We enable millennials to become what they want to become in life by learning new skills and leveraging the power of the digital economy. We are living proof that all you need to succeed in this new economy is a landing page and a dream. Disrupt tells the stories of the world top entrepreneurs, developers, creators, and digital marketers and help empower them to teach others the skills they used to grow their careers, chase their passions and create financial freedom for themselves, their families, and their lives, all while living out their true purpose. We recognize the fact that most young people are opting to skip college in exchange for entrepreneurship and real-life experience. This Podcast was designed to give them a taste of that.