Over the next little while I will be doing a number of posts regarding the topic: Starting a shipbroking business'.
Question: Can anyone start their own shipbroking business?
This is the beauty of shipbroking. Anyone can start a shipbroking business tomorrow if they so wish. As alluded to previously unlike other brokerage industries, shipbrokers do not need any formal qualifications nor do they need industry accreditation. Hence - low barriers to entry. I cant emphasise enough how important this is. A few other industries out there thay may proclaim low barriers for high rewards but they usually high risk ventures like online Forex trading (risking your own money).
Maybe the commodity broking business (although dont quote me as I am not overly familair with that industry)?
Big Word of caution though. This information does not necessarily mean YOU should drop everything, and dedicate your life to shipbroking.
Although barriers are low, there is a high probably that only a small proportion of you will be able to make a go of it by yourself. Why? Mainly because it is a competative industry. But there are other reasons aswell.
So begs the question - Who then in my opinion, and under what circumstances, are those well placed to start a shipbroking business?
I will try and answer those questions over the coming days.
The Virtual Shipbroker
- The Virtual Shipbroker
- Hi. I am a shipping company director, transport academic, author, family man and all round nice guy. I have worked as shipbroker, shipowner, freight trader and bulk charterer, in senior positions, with some of the largest and most disrespected (joke) companies in the world. Ask my advice on all things shipping and you will receive my blunt and always honest answer. Hang around to learn more about chartering and ship broker salaries, chartering and ship broker jobs, chartering and shipbroker recruitment agencies, cheap freight, maritime education, chartering and ship broker qualifications, become a ship broker, tips on how to be a successful bulk shipping executive, philosophy, Zen and the art of shipbroking, and much more. Yours The Virtual Shipbroker (recently proclaimed the guru of shipbroking) Copyright © 2009-12 by Virtualshipbroker