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Timothy Sykes \u2013 the Penny Stocks Guru.

Famous Five:

• Favorite Book? \u2013 Losing My Virginity
• What CEO do you follow? \u2013 N/A
• Favorite online tool? \u2014 Business Insider

• Do you get 8 hours of sleep?\u2014\u201cI wish. I really wish\u201d
• If you could let your 20 year old self know one thing, what would it be? \u2013 \u201cDon\u2019t be so cocky\u201d

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Time Stamped Show Notes:

• 01:42 \u2013 Nathan introduces Timothy to the show
• 02:05 \u2013 Tim trades penny stocks and people attack him for doing it
• • 02:12 \u2013 Most people in a company fail
• 02:53 \u2013 Tim was 17 when he got into business
• • 03:00 \u2013 Turned $12,000 into nearly $2 million
  • 03:30 \u2013 He\u2019s getting more conservative now
• 03:58 \u2013 First splurge
• 05:00 \u2013 The price was $ 17,000 per share
• • 05:20 \u2013 Crazy volatility
• 05:40 \u2013 ISCO stock price now
• 05:50 \u2013 Causes of stocks going down
• 06:03 \u2013 Tim is a short-seller
• 06:25 \u2013 Tim defines short squeeze
• • 07:00 \u2013 \u201cIn order to cover your short, you have to buy it back\u201d
  • 07:10 \u2013 Shorts are getting squeezed when the stock goes up too quickly
• 07:25 \u2013 The stock market is not always logical
• 08:25 \u2013 Penny stocks
• 09:10 \u2013 Stocks are not scalable
• 09:25 \u2013 Shorting requires a loan from a broker
• • 09:40 \u2013 \u201cIf there\u2019s a scam, everybody wants to short it\u201d
• 09:45 - Tim\u2019s strategy is ideal for people with small accounts
• • 10:05 \u2013 Stock of sponge company
  • 10:40 - HUSP
• 11:07 \u2013 Research that Tim is doing to find out things about the scams
• • 11:17 \u2013 Created a tool StocksToTrade.com
• 11:35 \u2013 Playing the volatility
• 11:57 \u2013 Tim was on a TV Show that led him to start teaching stocks
• 12:41 \u2013 First year revenue
• 13:10 \u2013 Total revenue is 2015
• 13:40 \u2013 How Tim uses the people who attack him to his benefits
• • 14:01 \u2013 Tim attacks companies and scam
• 14:48 \u2013 Tim\u2019s blog
• 15:50 \u2013 Tim\u2019s list size
• • 16:00 \u2013 People have to learn how to read the materials
• 16:30 \u2013 Total number of unique customers since 2007
• 16:41 \u2013 Selling DVDs and streaming DVDs
• 17:31 \u2013 Tim made an apology posts
• 18:05 \u2013 Tim\u2019s parents work with him
• 18:30 \u2013 Tim is giving to charities and foundations
• 19:15 \u2013 Tim made $27M in 2016
• 20:16 \u2013 Connect with Tim through his Twitter and Instagram
• 21:50 \u2013 The Famous Five

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3 Key Points:

• It\u2019s not always about the money \u2013 sometimes, imparting your knowledge is more important.
• Don\u2019t let people bring you down.
• Try to find the good in the all the negativities. Make impossible, possible.

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Resources Mentioned:

• Toptal\xa0\u2013 Nathan found his development team using Toptal\xa0 for his new business Send Later. He was able to keep 100% equity and didn\u2019t have to hire a co-founder due to quality of Toptal\xa0 developers.
• Host Gator\xa0\u2013 The site Nathan uses to buy his domain names and hosting for cheapest price possible.
• Freshbooks\xa0\u2013 The site Nathan uses to manage his invoices and accounts.
• Leadpages\xa0 \u2013 The drag and drop tool Nathan uses to quickly create his webinar landing pages which convert at 35%+
• Audible\xa0\u2013 Nathan uses Audible when he\u2019s driving from Austin to San Antonio (1.5 hour drive) to listen to audio books.
• @Timothysykes \u2013 Timothy\u2019s Twitter handle
• @Timothysykes \u2013 Timothy\u2019s Instagram account
• Show Notes provided by Mallard Creatives

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