Leaders
Meghana V Malkan: Enabling Commoners To Gain Financial Freedom
Meghana V Malkan
Co-founder, Malkansview Training Institute
Financial freedom is a goal that everyone should strive for. While there are various paths to financial independence, carefully drafting a financial plan is the first critical step to take. This is particularly a major concern in India, as many individuals do not plan for their retirement. It’s one of the reasons why stock trading is gaining popularity as one of the best investment options.
Stock trading has the potential to generate passive revenue that requires little to no effort to obtain and sustain. However, it is critical to carefully select stocks to invest in as their share prices can fluctuate considerably.
Understanding this need and gap in the market, Meghana V Malkan along with her husband, Vishal B Malkan, co-founded Malkans view Training Institutein 2008, with the sole purpose of assisting commoners in achieving financial freedom through stock trading.
"The modern era has provided women with a more even playing field than in the past"
One of the most important components of their journey was discovering that one's thinking is directly related to one's trading habits. Meghana decided to delve further into investigating, studying, and analysing the relationship between these two indivisible aspects. She became serious about delivering this component to their students after realising how closely linked these two aspects are in the world of trading. As a result, she travelled to the United States to study what it takes to be a High Performance achiever. She is one of the very few certified High Performance coaches in India.
In an exclusive interview with Women Entrepreneur Magazine, Meghana V Malkan, Co-Founder at Malkans Training Institute Private Limited walks us through her personal and professional journey along with the unique traits of the company:
Take us through your early educational journey and the prior industry experience that you bring to the table. What led to the foundation of malkans view training institute?
If we talk about my educational journey, it includes Bachelor in Commerce (BCom) from Mumbai University, Company Secretary (CS) from the Institute of Company Secretaries of India, Bachelor of Law (LLB) from Mithibai College, Mumbai University, and Certified Market Technician (CMT) from Market Technicians Association (MTA).
I was married to a stock trader, and I, like most others, thought stock trading was a gamble. I detested this field with all my might and passion. However, as I watched Vishal develop this 'gamble' into a series of systematic, simple trading tactics, I decided to give it a shot. To my amazement, I was now making more money than I was as a corporate lawyer. Now I started working fewer hours so I could devote more time to my hobbies and spend time with my family. But, most importantly, I recognised that if I could learn and make a decent living, so could common people. This is when I decided to make it my personal mission to inspire others, particularly women, to begin on a similar path. As a result, Malkans Trading Institute Private Limited was formed.
Tell us about the underlying idea behind the firm and what makes it unique?
Every complex issue, in my opinion, can be simplified. The procedures and systems are so basic that even a 10 year old can grasp them. We provide simplistic, tried and tested process driven tools and tactics that enable anyone to make money by employing proper strategies.
Vishal has been in the trading industry for nearly 25 years and has mastered walking the talk after learning many moves the hard way. When he failed, he saw it as an opportunity to learn rather than a challenge to overcome. This approach enabled him to traverse uncharted trading territory, allowing him to learn far more than the usual star trader. Furthermore, we are India's first and only couple with expertise in both technical analysis and investment psychology. We believe in creating value through a plethora of webinars, seminars, films, and articles on various social media channels. We also offer a wealth of trading related content for free. This has helped us gain a large global following. From Vishal's Tuesday Technical Talk (TTT) to my Pro Trader Talks (PTT), we've educated thousands of participants and spectators over the years that trading is much more than a gamble.
Finally, since we learned everything through trial and error, we are relatable and are able to connect with large audiences. The concept of relatability is crucial in our journey of teaching over 10,000 participants from all over the world, from many walks of life including doctors, engineers, housewives, bank employees, and so on.
What are some of the most pressing professional or personal challenges faced by your clients? How does your coaching help them alleviate these road blocks & enhance their performance?
In the last 14 years as we taught hundreds of people through live events, and later to thousands of participants through online programs, we narrowed down the common challenges, in the form of myths, that people faced, to a handful of issues:
•Stock trading is equal to gambling and hence extremely risky.
•There is no method in the madness of how the markets behave.
•There’s no connection between the mindset of a person and how the individual trades.
We dealt with these core issues in the most efficient and effective way possible by providing established and simple trading tools and strategies in the simplest way possible, handholding thousands of participants by trading live with them so they can implement what has been taught. We also provided indepth, value added sessions dedicated to high performance, abundance, and energy concepts, as well as recorded and live meditations and processes to enhance performance. After all, success in any subject is composed of 80 percent psychology and 20 percent technical expertise.
In your opinion, what have been some of the most significant milestones that you have achieved in your professional journey? What has been the driving force behind your success as a business leader?
Malkans view Trading Institute Private Limited is Asia's largest stock trading institute, with over 10,000 participants from all over the world. Anybody Can Trade (ABCT) is our flagship programme, with participants from 85 cities and 9 countries with a rating of 9.8 out of 10. We've also conducted workshops in the United States and Singapore. We are frequently featured as stock trading experts on business television programmes such as CNBCTV18, CNBC Bajaar, ET Now, and Zee Business. Furthermore, our book #Cashtags was introduced in the United States in 2018 by none other than the maverick, late Dr. Van Tharp. As a step-by-step guide on how to trade efficiently, #Cashtags covers the entire gamut of the process effective tools, simplified strategies, risk management, and the right mindset. It’s available on Amazon. Our events feature several well known figures. A few of them include the founder of Art of Living Pujya Gurudev Sri Sri Ravi Shankarji, a stalwart in the trading world Dr. C K Narayan, noted author and motivational speaker Jack Canfield, motivational speaker Guru Gaur Gopal Das, and noted investor & Chairman of Motilal Oswal Group, Raamdeo Agarwal.
The searing desire to empower as many individuals as possible to enable them to take charge of their financial future is the driving reason behind the institute's success. Every student matters in this endeavour, and each session puts us one step closer to assisting someone in living their life to the fullest.
How has malkans view training institute’s growth been over the years? What is your vision for the company’s next phase of growth?
At present, Malkans Trading Institute Private Limited is the leading trading institute in Asia. In the next phase, we aim to scale up and make our institute the best across the globe. Another component of this endeavour is to assist in the empowerment of people in India's tier 2 and tier 3 zones. Once we are instrumental in broadening the investment culture in the country (which is currently at 4%, as compared to 50% in western countries), there will be a huge shift in the way Indians trade. After all, that’s one of our core missions Changing The Way India Trades.
Drawing from your experience as a successful entrepreneur, what would your advice be to young women and girls who also aspire to become business leaders and entrepreneurs in the future?
One of the notable trends we've witnessed over the years is an increase in the number of women entering the industry of investing and trading. Women from all walks of life, from doctors to homemakers, are getting interested in learning how to trade and change their lives. Contrary to conventional assumptions, and based on our experience educating women traders, we believe they are better at their jobs. When it comes to purchasing and selling stocks, they seem to follow techniques better and make wiser decisions.
The modern era has provided women with a more even playing field than in the past. I advise women to use this opportunity and use it to the fullest. Stock trading is one of the best methods to generate money without having to leave the house or work for someone else. It is one of the primary reasons we have witnessed the number of homemakers become successful stock traders. This figure has grown exponentially in the last few years.
My recommendation to women and girls is to become more prudent with their financial management. Stock trading has given me the ability to become my own boss, control my finances, and have plenty of time to pursue my aspirations. I wish the same for my sisterhood.
Educational qualifications:
•Bachelor in commerce (BCOM) from mumbai university
•Company secretary (CS) from the institute of company secretaries of india
•Bachelor of law (LLB) from mithibai college, mumbai university
Headquarter: Mumbai
Awards & Recognitions
1.Meghana V Malkan Was Felicitated As Iconic Trading & Performance Coach By The Times Power Women, 2018.
2.Vishal & Meghana Were Awarded The Most Dynamic Power Couple In Stock Training By The Times Power Couple, 2019
3.Malkansview Was Felicitated For Their Exemplary Contribution As Iconic Influencers In Financial Markets By Economic Times Business Icons, 2019
4.Meghana Was Felicitated For Her Work In This Field By The Heart & Soul Women With Spirit Awards, 2019
5.Malkansview Was Conferred The International Excellence Award, Malaysia, 2019 For The Best Institute For Stock Trading & Investment.
6. Malkansview Is The Only Indian Company Yet To Be Awarded The Prestigious “2 Comma Club Award” By Clickfunnels, United States Of America.
7. Times Most Inspiring Woman – West India - 2021