Timothy Sykes – the Penny Stocks Guru.

Famous Five:

Favorite Book? – Losing My Virginity
What CEO do you follow? – N/A
Favorite online tool? — Business Insider

Do you get 8 hours of sleep?—“I wish. I really wish”
If you could let your 20 year old self know one thing, what would it be? – “Don’t be so cocky”

Time Stamped Show Notes:

01:42 – Nathan introduces Timothy to the show
02:05 – Tim trades penny stocks and people attack him for doing it
- 02:12 – Most people in a company fail
02:53 – Tim was 17 when he got into business
- 03:00 – Turned $12,000 into nearly $2 million
- 03:30 – He’s getting more conservative now
03:58 – First splurge
05:00 – The price was $ 17,000 per share
- 05:20 – Crazy volatility
05:40 – ISCO stock price now
05:50 – Causes of stocks going down
06:03 – Tim is a short-seller
06:25 – Tim defines short squeeze
- 07:00 – “In order to cover your short, you have to buy it back”
- 07:10 – Shorts are getting squeezed when the stock goes up too quickly
07:25 – The stock market is not always logical
08:25 – Penny stocks
09:10 – Stocks are not scalable
09:25 – Shorting requires a loan from a broker
- 09:40 – “If there’s a scam, everybody wants to short it”
09:45 - Tim’s strategy is ideal for people with small accounts
- 10:05 – Stock of sponge company
- 10:40 - HUSP
11:07 – Research that Tim is doing to find out things about the scams
- 11:17 – Created a tool StocksToTrade.com
11:35 – Playing the volatility
11:57 – Tim was on a TV Show that led him to start teaching stocks
12:41 – First year revenue
13:10 – Total revenue is 2015
13:40 – How Tim uses the people who attack him to his benefits
- 14:01 – Tim attacks companies and scam
14:48 – Tim’s blog
15:50 – Tim’s list size
- 16:00 – People have to learn how to read the materials
16:30 – Total number of unique customers since 2007
16:41 – Selling DVDs and streaming DVDs
17:31 – Tim made an apology posts
18:05 – Tim’s parents work with him
18:30 – Tim is giving to charities and foundations
19:15 – Tim made $27M in 2016
20:16 – Connect with Tim through his Twitter and Instagram
21:50 – The Famous Five

3 Key Points:

It’s not always about the money – sometimes, imparting your knowledge is more important.
Don’t let people bring you down.
Try to find the good in the all the negativities. Make impossible, possible.

Resources Mentioned:

Toptal – Nathan found his development team using Toptal for his new business Send Later. He was able to keep 100% equity and didn’t have to hire a co-founder due to quality of Toptal developers.
Host Gator – The site Nathan uses to buy his domain names and hosting for cheapest price possible.
Freshbooks – The site Nathan uses to manage his invoices and accounts.
Leadpages – The drag and drop tool Nathan uses to quickly create his webinar landing pages which convert at 35%+
Audible – Nathan uses Audible when he’s driving from Austin to San Antonio (1.5 hour drive) to listen to audio books.
@Timothysykes – Timothy’s Twitter handle
@Timothysykes – Timothy’s Instagram account
Show Notes provided by Mallard Creatives

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