Ten Rules For Gold Dust Buyers & Gold Dust Sellers

DREAM System, LLC - For Gold Dust or Dore Buyers and Sellers
http://www.alluvialgoldconsultants.com/ or http://www.24kt.cc/
Your Consulting & Vetting Gold Experts

Everyday that goes by, the gold industry intrigues me more and more. Not only is this the hardest industry to be successful in, it is the most complex. Take it from an individual that has been working for himself for fourteen years. Gold Buyers and gold Sellers have so much to worry about and not enough teachers and mentors to learn from. So let's get started!

I often compare the gold dust industry to being a gambler in Las Vegas. You can sit down at the black jack table and think your the "Big Dog" at the table because your gambling a couple of hundred dollars a hand. Then a total stranger sits down next to you and starts gambling a couple of thousand dollars a hand. Before you know it, there is someone that jumps in for one hand and places a $20,000 bet on one hand! You ask, "What does this have to do with gold?" You're never the "Big Dog" in the gold industry. Someone is always bigger and been around longer than you. Even more importantly, they seem more successful than you(emphasis on "seem"). Don't let this distract you from your goals or morals.

"Life is short, but envy and greed will make your career life even shorter in the gold industry." - Roger Singh

I always tell all of my Registered Brokers and Intermediaries that there is so much money to go around that everyone will get their fair cut. I have seen friends stop talking to each other, families that break apart, businesses get dissolved, and lawyers get rich (the last one is a bad joke). All of this sometimes because of a miscommunication. Many times because of jealousy that someone is going to make money. Think about it. It hasn't even been made yet! In this industry, it most likely won't be made either.

That leads me to why I wrote this article about the "Ten Rules For Gold Dust Buyers & Gold Dust Sellers". Hopefully, those of you that have not gotten tempted by the envy and greed will understand and preach these rules. For those of you that are already tainted, maybe it's not too late. I can tell you this.....

"You don't always get a second chance in the alluvial gold dust industry, so savor the first chance."

Ten Rules For Gold Dust Buyers and Gold Dust Sellers

1. Work with a mentor or consultant

You will achieve success faster if you can have someone or better still a team who knows the gold industry, guiding you along the way. This is obvious, as you do not want to waste your precious time and effort repeating the mistakes others have already made in the gold industry.

2. Acquire necessary skills

People who are successful in the gold industry become so by being prepared to invest in themselves and to acquire new skills and thinking. You need to learn to think differently and think differently than the people you may currently associate with through your social life. Why? Buyers and Sellers in the gold industry come from all walks of life and from all over the world.

3. Focus your efforts

Once you have decided that you want to be part of the alluvial gold dust industry, you must focus and apply the right amount of efforts required to become successful. Many people fail because they are distracted by many other things in life.

4. Know who you are dealing with

I can not tell you how important this is. Like all other business dealings, good referrals are the way to go. You should feel comfortable when dealing with new Buyers/Sellers/ and Intermediaries. This also is true for when you begin hiring transporters, security, and other services that are needed in the gold industry. If you feel comfortable with that entity, then ask if they can refer someone (you should still conduct your due diligence though).

5. Document all details

Get passports, government id's, telephone numbers, and emails of EVERYONE you are dealing with. Or you can become a member of DREAM System, LLC which does this for you ( a shameless plug). Also, it might be wise to begin a journal to record times, dates, and events for a specific gold transaction. This can help keep your thoughts straight and aid in future gold transaction decisions. It may also serve as a training tool if you decide to build a team.

6. Due diligence is a must

All I need to tell you on this is that I built a whole company on this rule. If that does not tell you how important it is, nothing will.

7. Be patient - it will be worth it

I do not know why every new comer to this industry rushes to close a deal. There are no standards in this industry. It might take weeks to close a deal, in some cases it might take a year. As I already stated, you might only get one chance at this.

8. Build a foundation that will last forever

Your contact list is very important. It will become your holy grail in this industry. Do not add people that claim to be Buyers or Sellers...make sure they are. This will put yourself in the best possible situation when a trusted mentor or affiliate is looking to close that alluvial gold transaction and you can bring the other end to the table. Remember, an investor is just another name if they don't invest. I know it might make you feel good that you have a large list of contacts, but the larger the list the greater the chance of failure. Ten good contacts is all you need to be successful. Try to keep this list equal between Buyers, Sellers, and Intermediaries.

9. Treat others like you would like to be treated

I know it sounds very cliche-ish. An industry where sometimes it seems like you are going nowhere can be frustrating. Do not release that frustration on your affiliates or partners. I personally believe in karma. So I believe that if you can put some good into the gold dust industry, the Alluvial Gold Dust Gods will reward you. Saying that, my job is to find the the frauds and scammers and they don't seem to get far at all.

10. GIVE BACK!!!!

I just don't mean when you close a deal too. The gold industry is suffering because of lack of cooperation between its peers. Don't be scared to call leaders in the industry and ask their opinion. Try to be part of their team and gain experience. Also, you should try to teach others what you have already learned. Notice, I did not say give away your contacts.

There is plenty to learn in the gold industry. Every day I am amazed with the people I meet from all around the world and the knowledge I gain. This industry might be one of the most difficult, but the benefits are well worth it.

Your truly,
Roger Singh
President of DREAM System, LLC