436 Make Money and Make an Impact with Tim Sykes

"Not even average effort is going to get you to true success." - Tim Sykes If you enjoyed this episode, check out show notes, video, and more at http://lewishowes.com/436 Get more from Lewis! Get my New York Times Bestselling book, Make Money Easy! Get The Greatness Mindset audiobook on SpotifyText Lewis AIYouTubeInstagramWebsiteTiktokFacebookX

Speaker names marked ? are inferred from speaking time and the show’s known hosts — they are not voice-verified.

• 0:01Lewis Howes?

  This is episode number 436 with Timothy Sykes.

• 0:07Lewis Howes?

  Welcome to the School of Greatness. My name is Lewis Howes, a former pro athlete turned lifestyle entrepreneur. And each week, we bring you an inspiring person or message to help you discover how to unlock your inner greatness. Thanks for spending some time with me today. Now let the class begin.

• 0:33Lewis Howes?

  Hello, all you beautiful individuals. I am so excited about this interview with my friend, Tim Sykes. Why? Because he just wrote a check for $1 million to the charity that I love the most, Pencils of Promise. Not $100,000, not $500,000, $1 million. Now, why is that significant to me? You know, Tim just went to Laos recently where he saw one of the schools that he donated to be built over there, and he saw the entire organization and how it was run and what was happening over there. And he was so inspired that he said, okay, I'm going to do something big. I'm going to write a million dollar check.

• 1:14Lewis Howes?

  And I was blown away by this generosity. I was blown away by, by Tim in general. Why? Because there are so many people that may not jive with Tim Sykes. They may not like the way he promotes things. They may not like how he talks about money. If you look at his social media accounts, there's constantly lots of money being posted in his images. Lots of Ferraris, beautiful destinations, Lamborghinis, all these other things. Now, some people really don't like that. They don't like money being out there. They don't like talking about money. And those are the people that usually don't make money. Those are the people that usually are in a scarce mindset. The ones that feel uncomfortable talking about it, seeing it, seeing other people talk about it.

• 1:58Lewis Howes?

  So some of the things that Tim does rubs people the wrong way. Now, I've known Tim for, I believe, over seven or eight years now where I've really built a relationship where I know who he is. He's such a generous human being. Every time I'm around him, he's giving, he's giving, and he cares about people. And this just justifies even more his level of commitment to giving back and his level of service. And I don't know too many people who write million dollar checks to nonprofit organizations. And for me, it's just so inspiring. So for those that do not know who Tim Sykes is, he's a penny stock trader that turned $12,000

• 2:38Lewis Howes?

  into over $4.5 million while he's visited over 100 countries. And now he teaches people how to do the same. He's got many millionaire students who've gone through his training and replicated this process. And he's got many six-figure earners and thousands of students from all over the world. And we talk about why giving back is so important. And if you're just focusing on making money, like Tim does, he makes a lot of money. But if you're just focusing on that, it's not going to be rewarding. And we talk about the importance of giving back. Also, the value of building your business and wealth according to what you know, not what others tell you. This is so important. We also cover why Tim

• 3:21Lewis Howes?

  doesn't let the haters get to him. Again, there's a lot of haters out there who don't like what Tim does, that don't like the way he promotes his things and talks about money the way he does and posts the photos he does. Make sure you go check out his social media so you can see what I'm talking about. But he doesn't let it get to him. Also, the best way to pick a nonprofit to support. Tim has supported dozens of them, and he's found a few key ones that he really puts more time and energy into. And how to build a business that makes you happy, not just one that makes you money. And guys, this is a massive one because so many people email me and ask me questions about business ideas that they have, because they're good opportunities to make money. You're going to get burnt

• 4:06Lewis Howes?

  out quickly. And Tim and I cover more on that. Guys, I'm super pumped. Make sure you share this out with your friends, lewishouse.com/436. Let's get the word out about this. I'm so grateful that Tim made a donation for a million dollars to the organization that I support the most, Pencil Promise. And without further ado, let me introduce to you the one, the only Timothy Sykes.

• 4:34Lewis Howes?

  Welcome everyone back to the School of Greatness Podcast. Got a good buddy of mine, Tim Sykes, in the house. Good to see you, bro.

• 4:40Speaker 01

  Thanks for having me.

• 4:41Lewis Howes?

  We're just talking about our age. You'll be 36 in April.

• 4:45Speaker 01

  I'm 35 right now. That's what we're discussing. Stop going to the future. Live in the present, Louis.

• 4:51Lewis Howes?

  I'll be 34 in March. And we met probably like six or seven years ago, right?

• 4:55Speaker 01

  Something like that.

• 4:56Lewis Howes?

  I think we met in Time Warner Center. Do you remember this? For like brunch or something? Is that where we first met?

• 5:02Speaker 01

  I don't remember.

• 5:03Lewis Howes?

  No, actually.

• 5:03Speaker 01

  We were young bucks. We were in our twenties.

• 5:04Lewis Howes?

  I first met you, actually, I take it back. I first met you at some blogging conference in either Vegas or New York, or an affiliate conference.

• 5:13Speaker 01

  Blog Expo.

• 5:14Lewis Howes?

  Blog Expo. And you were talking about membership sites.

• 5:16Speaker 01

  Yeah, yeah, yeah.

• 5:17Lewis Howes?

  I vaguely remember this. It had to be 2009, 2010.

• 5:21Speaker 01

  Yeah.

• 5:21Lewis Howes?

  And...

• 5:22Speaker 01

  Wow, look at your memory.

• 5:23Lewis Howes?

  And then we met at the Time Warner Center for like brunch at one of those like unhealthy brunch places, looking over like the Whole Foods. Like we were looking at good food, but we ate like bad food or something.

• 5:32Speaker 01

  Yeah, yeah, yeah.

• 5:34Lewis Howes?

  And we've been buddies for a while. I think you have, you've created an incredible brand for yourself. You've done extremely well financially. For those that don't know who Tim is, he is a penny stock trader. Is kind of like your day job, let's say. But you, you do it yourself and then you teach others how to do it. But you do much more than that. You give a lot of money that you make away. And how much have you given away in the last year?

• 5:58Speaker 01

  So, I mean, I started the Timothy Sykes Foundation about like a year and a half ago. But the charity world is, is very hit or miss. There's a lot of charities that, you know, I don't want to just give money to like, oh, like for charities, it'll do good. Like, there's a lot of charities that don't manage their money properly and they don't give properly. So, I, I was very hesitant at first.

• 6:20Lewis Howes?

  They're, they're run by people who aren't business people. And so they're run by people like just have these lofty like dreams of like helping, but they don't know how to run business.

• 6:27Speaker 01

  A lot of idealists. And it's, it's good to be an idealist, but I want the money, you know, doing good. I, we didn't work this hard to make this money, just to like throw it into the air and sing kumbaya. So... I'm sorry to the charity world. It's very different than the business world. So it took me a little while, but now, um, you know, in the past year and a half, we've given away, you know, close to $2 million.

• 6:50Lewis Howes?

  Yeah.

• 6:50Speaker 01

  Um, and we're just getting started. We're, we're literally just ramping. Like it took a solid nine months of research, like little investments, uh, little donations, just trying to see what charity is best and, and has the most scalability and is the most effective. So it's like stock research. It takes time.

• 7:07Lewis Howes?

  Hmm. Now, why did you start the Timothy Sox Foundation in the first place?

• 7:12Speaker 01

  Um, you know, I've done well in the stock market. Um, I've done well in, in the coaching and teaching business and, you know, I, I like making money. I'm a capitalist. I'm not like a communist, but at the same time, it's kind of cool to give back and, and, you know, I didn't just start giving back now. I mean, I donated to, uh, Tulane University. They have a scholarship there. I actually donated while I was in college. Kind of helped me graduate college. Um, on that thing. And then also, you know, I, I took this philanthropy class at Tulane and so I was a wish grantor for Make-A-Wish. Um, so I've been granting wishes and, and donating to Make-A-Wish for, I mean, over a decade and they're a fantastic organization. Uh, but then I wanted my own like formal charity, like a 501(c)(3) charity so that

• 7:57Speaker 01

  we can really, you know, give and, and do better, um, rather than just me personally giving. So we created this charity organization and now, you know, it's an official thing. We have like several people who actually help research and give donations.

• 8:11Lewis Howes?

  And do you have a, a goal each year of how much you want to give or is it based on percentages of what you make or?

• 8:15Speaker 01

  I mean, it's, it's, it's not just money. Like I, I know a lot of people like that's the headline number. Like, oh, we want to talk about money. Like I'm here to, to really frankly announce the fact that I'm donating a million dollars to Pencils of Promise. That's a big headline number. That's fantastic. This is my first seven figure donation, but it's about what can this number do? What can your money do? And even if you don't have money, what can, you know, you do to help an organization? So I know making a million dollars, donating a million dollars, fantastic stuff, but. It's not just about money and and your listeners and your viewers out there. I don't know which camera to look into.

• 8:49Lewis Howes?

  You're good there.

• 8:50Speaker 01

  This one?

• 8:51Lewis Howes?

  Yes.

• 8:51Speaker 01

  You guys can help, even if you don't have a million dollars. Um, the charity world needs volunteers and expertise. You know, a lot of people think like, oh, you just have to like go feed people at soup kitchens or give money. Like, there's a whole thing in between.

• 9:05Lewis Howes?

  Yeah.

• 9:05Speaker 01

  And Pencils of Promise has become my favorite charity. Um, they have a lot of business people, you know, they manage it very well. They have Bane, you know, ex-Bane people who are in like VC and private equity.

• 9:16Lewis Howes?

  Advisory board of experts, yeah.

• 9:18Speaker 01

  You're on the advisory board. You're a lifetime member. I'm a, I'm a new advisory board member. Um, so it's about just, you know, doing what's best and and trying to give back. And so I actually created a DVD. I have several DVDs, training guides in the stock market, but I made this one guide called How to Make Millions. If you go to howtomakemillions.com, all of this guide goes to charity and I spent nearly a year making this guide.

• 9:41Lewis Howes?

  Wow.

• 9:41Speaker 01

  I don't make a dime off of it and this one guide has become my bestselling guide.

• 9:45Lewis Howes?

  Really?

• 9:46Speaker 01

  It's thirty-five hours long, all for charity. So I like to teach and give back and then I also make, you know, some money in the stock market and make some money coaching too, but it's more fulfilling. You know, I mean, I, I just got a new Lamborghini. I have my Ferrari. It's, it gets old after a while.

• 10:00Lewis Howes?

  Travel every beautiful place in the world.

• 10:02Speaker 01

  Been to a hundred and six countries now. I'm going to Cambodia next month in the Philippines. That's a new country. Every now and then I like to add a new country. But, uh,

• 10:09Lewis Howes?

  You've seen everything beautiful. You've tried every,

• 10:11Speaker 01

  I haven't been to Australia yet. Australia and New Zealand, I know.

• 10:14Lewis Howes?

  Oh, my gosh.

• 10:15Speaker 01

  The time zone is tough for the stock market, so I've avoided like tough time zones. I just got back from Laos, you know, with Pencils of Promise and Japan. I took my family there. They'd never been to Asia before. My parents got sick, but,

• 10:26Lewis Howes?

  Wow.

• 10:27Speaker 01

  you know, they're not used to it. So,

• 10:28Lewis Howes?

  Sure, sure.

• 10:29Speaker 01

  It was interesting.

• 10:29Lewis Howes?

  But you, you've bought everything expensive that you could buy with your money.

• 10:33Speaker 01

  Yeah.

• 10:33Lewis Howes?

  You've traveled first class and private jets all over the world. You've, uh, been in the most exclusive restaurants in the world. You've got, you've had expensive clothes and watches and cars. You've tried all the toys. And at the end of the day, you still feel, it's boring.

• 10:49Speaker 01

  It's fun for a little bit, but it's boring. I still have fun. Like, my new Lamborghini is fun, but it's not what's fulfilling.

• 10:56Lewis Howes?

  You don't need ten Lamborghinis.

• 10:58Speaker 01

  You don't.

• 10:59Lewis Howes?

  You know?

• 11:00Speaker 01

  Really don't and you know, you just need to figure out what makes you happy and what fulfills you in this life and you know, giving back to others in charity and seeing the world. Once you start seeing the world, I think more people should travel because it'll open up their whole perspective, you know, seeing kids who have no shoes and they're, you know, taping plastic water bottles to the bottom of their feet so that their feet don't get too hot on the hot ground. Like it blows your mind and most people don't get to experience that. I mean, we complain about stupid things like we have no wifi, like we have slow service, you know, someone like there's traffic and we're, we don't realize.

• 11:37Lewis Howes?

  Just connected.

• 11:38Speaker 01

  Yeah, we live in a bubble and once you travel, especially to these third world countries, you really opens your mind up and then, you know, you start viewing life a little differently. You have more compassion and it makes you a better person. So it's not just about giving back to others. It's about, you know, learning what really completes you. It's kind of selfish. You know, I'm trying to.

• 11:58Lewis Howes?

  It is. It's the most fulfilling thing there is.

• 11:59Speaker 01

  It is. I'm trying to figure out what makes me happy and fulfilled.

• 12:02Lewis Howes?

  It is giving more.

• 12:03Speaker 01

  And giving more. So, you know, it's not like, oh, you're such a good person. Like, I'm just trying to be happy here. Like, I think everyone's trying to be happy, but most people in New York and LA and Miami in the bubble that we kind of live in, they get happy with like prescription drugs and you know, material things.

• 12:18Lewis Howes?

  Yes.

• 12:19Speaker 01

  And I know a lot of people on Wall Street, they make much more money than I do, but they're not happy and they're slaves to their job and they're slaves to their location. Like they have to, you know, wear these fancy suits. They have to be in their office. They have to work specific hours because if they don't, someone else is, you know, more than willing to take advantage of that. So for me, I'd actually like to personally make less profits myself and live and enjoy and learn what makes me happy. That's why when I travel to these countries, I'm stock trading, I'm teaching. When I was in Laos, everyone in the charity thought I was insane because we're doing charity work. We're visiting these schools during the day. I'm trading stocks at night. Everyone else is sleeping. I minimize my sleep a little bit, but I loved every second of it. So you just have to find what fulfills you.

• 13:03Lewis Howes?

  Yeah. And you're also, I think, a slave to the pressures of your peers in those locations. If you're like. In this fancy job in Wall Street or something, you're, you've gotta have the nice car. You've gotta get the next nice thing in order to like, kinda keep up with your friends. Otherwise you're judged or you're looked down on or whatever, right?

• 13:19Speaker 01

  Yeah, well, I think a lot of people worry too much about what other people in their industry, you know, think and, and other people think.

• 13:26Lewis Howes?

  Yeah.

• 13:26Speaker 01

  I think people do need to be more selfish, you know, they need to focus on what makes them happy. And they'll be surprised, I think, what the answer is. And, you know, we need to get more exposure for charities. That's what it comes down to. Like, I post all these pictures and videos on social media. Some people were like, you should just give and be quiet. And I'm like, no, I, I'm, I'm proud of it. It's my project, like, I'm very happy to share it. And some of my followers have donated money now, too. Um, but, yeah. I wish that I could find the words to share, like, how it makes you feel when you help these people who have so little. I mean, pencils are a promise. I mean, you've been to Laos. I saw your tags on Instagram. You and me, we have photos next to each other and you were there a year before me.

• 14:09Speaker 01

  Um, but like, these kids have nothing and, and you literally give them one pencil. And think about giving somebody a pencil here in the US, like,

• 14:17Lewis Howes?

  They'd trash it.

• 14:18Speaker 01

  What is it? Yeah, they would trash it. And there, the kids, I mean, the, the, um, the charity people gave me like 50 pencils and I was gonna give them out. And the kids were hesitant and I was like, come on! And they were going crazy for these pencils and I had no idea. And, you know, it was supposed to be like an organized line. I, I kinda screwed up.

• 14:35Lewis Howes?

  There you go.

• 14:36Speaker 01

  But it was just like, I, I would not have expected kids or anybody to be so overwhelmed with pencils. And it makes you realize, you know, the little things really matter to other people.

• 14:48Lewis Howes?

  And it brings them so much joy.

• 14:49Speaker 01

  So much joy.

• 14:49Lewis Howes?

  And it makes a big impact.

• 14:50Speaker 01

  They have nothing and they're still so happy.

• 14:52Lewis Howes?

  Yeah.

• 14:53Speaker 01

  And we have so much and the vast majority of us are so unhappy. So you need to, if you're unhappy out there, you need to, like, think a little different, you know? So I, I teach stock trading, I teach that, that's cool. I teach soon to be blogging, you know, I'm gonna get into that business with Blog Millionaire. So I basically built a nice little business, uh, blogging. But aside from just the money that you can make, what can you do with your life? What is it? What is your life about?

• 15:20Lewis Howes?

  Experiences, relationships.

• 15:21Speaker 01

  What is your life about?

• 15:22Lewis Howes?

  Yeah, it's about making it.

• 15:22Speaker 01

  What do you think your life is about?

• 15:24Lewis Howes?

  Personally, it's from my mission is to impact 100 million people, to show them how to make a

• 15:28Speaker 01

  Why only 100 million?

• 15:29Lewis Howes?

  To start.

• 15:30Speaker 01

  Okay, good.

• 15:30Lewis Howes?

  That's just the goal to start.

• 15:31Speaker 01

  Alright, just put that in there. I want you to get more ambitious.

• 15:34Lewis Howes?

  Hey, I feel like it's a big goal right now, and once I hit it, then I can recreate a new dream.

• 15:38Speaker 01

  How do you know if you've reached 100 million people?

• 15:40Lewis Howes?

  I mean, I'm tracking it through different ways, through download numbers, through book sales, through course sales, through speaking gigs, things like that. It's not going to be an exact science, but it's going to be a rough estimate of how many people we reach and who are going through the information and the products and the systems. But I think for me, that gives me something measurable to reach towards and to build towards.

• 15:59Speaker 01

  Yeah.

• 15:59Lewis Howes?

  And why? Because I feel like when people make, when they're doing what they love a majority of the time, and they make a full-time income doing the thing they love, I feel they take care of their health better, they take care of the people in their lives better, they're more rewarded, fulfilled, they're more inspiring to be around, and that, for me, is a good life.

• 16:18Speaker 01

  Because they're now a complete person. The sad fact is that most people never get the opportunity to be complete, to even have the ability to find out what they love, because they're working, you know, they have bills to pay, they have responsibilities. 75% of people hate their jobs, and they're spending the vast majority of their life at these jobs that they hate. So it's like this cycle, you know, with the student loans and the debts and the mortgages, and you can't break out of the cycle. Like, they listen to your podcast, they're inspired, but what I wish that they could do is study outside their jobs, you know, like, listen to your podcast, read your book, like, read my stuff outside of your working hours, and that way, at night, on weekends, you just learn a little bit, and you grow your mind, and you say, wait a minute, I can make a little extra side money,

• 17:02Speaker 01

  maybe part-time, doing different stuff on the internet. This is a technological revolution after all.

• 17:07Lewis Howes?

  Yes.

• 17:07Speaker 01

  And then you can eventually, gradually, hopefully, get out of the cycle, get out of the rat race, and then focus on what you love, and learn to focus on what you love. Most people don't even have that ability. I'm very fortunate, you're very fortunate, we've been to Laos, we have the ability to leave. You know, most people, they would love to go to Laos or wherever, but they can't. They have their job. So you have to look at the cycle that most people are in, and I think we have to break it. And it comes down to education and thanks to the internet and thanks to these tools that are brand new in the past decade that never existed before. People can learn from anywhere. I'm very proud. I have students in over 80 countries.

• 17:43Lewis Howes?

  Wow.

• 17:44Speaker 01

  And I have a few millionaire students, but I have more upcoming and it starts with asking yourself a question. What can I do to be happy? How can I get there? How can I have more time to find out what makes me happy? Few questions, not just one question.

• 17:58Lewis Howes?

  I like those. How many millionaire students do you have?

• 18:00Speaker 01

  Uh, right now we have five.

• 18:02Lewis Howes?

  Five students. So that means five students have gone through, signed up for one of your programs. And started within a bank account and then grew it to over a million dollars.

• 18:10Speaker 01

  Correct.

• 18:11Lewis Howes?

  In profit through penny stock trading.

• 18:13Speaker 01

  Correct. And even though, you know, penny stock trading is looked down upon by the whole world, pretty much. A lot of what my top students do is short sell, so they, they bet against them. Cause a lot of these companies are very kind of sketchy companies and they're bound to go down. And a lot of people don't want to think about this like, oh, this hurts my head, like taking a negative position, betting against crappy companies. But that's what I teach. I, it's a strategy. You know, you can make money on the way up and you can make money on the way down. We don't make money all the time. But a few of these students have breached the seven figure mark, just like I have. Now I have actually two students, Stephen Ducks and Mark Crook, who have each now made $600,000 in a few years.

• 18:49Lewis Howes?

  In a few years.

• 18:50Speaker 01

  It takes time. It's not like overnight. It's not like, oh, you're going to be a millionaire after day one or week one or month one, or even year one. But you learn the strategy, you learn the intricacies, you see where the opportunities are, and that's how you get financial freedom. Mark Crook, not a millionaire, my student, but because he's made, I think like $670,000 now. He's made 25,000 in the past two days. I just talked with him.

• 19:12Lewis Howes?

  Wow.

• 19:13Speaker 01

  I was like, calm down, stop. And he's like, but I could have made 40,000. I was like, you made 25,000 in two days.

• 19:18Lewis Howes?

  Take it. Yeah, yeah.

• 19:19Speaker 01

  You're fine. Calm down. And, you know, he used to work at a cubicle job in Texas. He hated it. He was, I think, an accountant. Now he's moved to Miami, met the love of his life. They just got married. I went to their wedding, beautiful affair. And, you know, six figures changes your life. So a lot of people out there think that they need to make like a hundred million or like 50 million. You don't. I've met people with 50 or a hundred million. They're screwed up in the head. Okay? I've met billionaires. Like you can barely talk to them. They're so. Alien compared to the rest of us because of how much money they have. I don't want that. So it's also another good thing. If you do get that rich, give it away. Give a lot of it away because you know.

• 19:59Lewis Howes?

  You don't need it.

• 20:00Speaker 01

  You don't need it and you shouldn't want it because it's gonna mess with you. Like I know so many people who have fifty, a hundred, two hundred million. They are not happy. It goes back to the whole happiness thing. A lot of people who don't even have a million or don't have, you know, ten thousand. Half of America doesn't even have ten thousand dollars to their name. And they think that you need all this money and then your problems are solved and you're happy. You look at the Lotto winners, they're not happy. Lotto winners by and large are not very good.

• 20:26Lewis Howes?

  Yeah.

• 20:26Speaker 01

  In life. Hollywood stars, when they're kids stars, they're screwed up. When they're Disney people, they're screwed up. So you start to look, what can I do to get happy? It's not just about money. It's about, you know, self sufficiency and finding yourself. And for me, it's not, you know, I took twelve thousand. I'm now at four point five million in trading profits. That's cool. But the journey along the way helped me find myself and build myself. And I chose not to work on Wall Street, but to travel all over the world because I love that personally.

• 20:56Lewis Howes?

  Yeah.

• 20:56Speaker 01

  Do you love to travel?

• 20:57Lewis Howes?

  Love it, man. Love it. How many, how many months on the road are you traveling a year?

• 21:01Speaker 01

  I mean, I go back and forth. It just depends on the city. It just depends on the time. Uh, like I'm two weeks, I'm gonna be in Cambodia. I have another school opening with the Cambodian Village Fund. Um, this has been a year in development, so they just told me like a date. This is when the school will be opening.

• 21:15Lewis Howes?

  So you go to check it out, yeah.

• 21:16Speaker 01

  So I'm going to Cambodia and then I'm, I'm adding the Philippines because I've never been there. So that's gonna be kinda cool.

• 21:21Lewis Howes?

  Very cool, yeah.

• 21:22Speaker 01

  Try different stuff, but see how it feels. I want more people thinking like scientists, like testing, testing, testing, refining, refining, refining. But you gotta break the rat race cycle where it's just like money is gonna solve everything. It won't.

• 21:35Lewis Howes?

  Yeah, I hear you.

• 21:35Speaker 01

  Even though I teach how to make money, that's, you know, it, it's kind of contradictory. Some people are like, well, why do you focus so much?

• 21:41Lewis Howes?

  You wanna make money to have some flexibility and freedom in your life.

• 21:43Speaker 01

  Exactly. You need to get, you need to get out of, you know, working for somebody else's dreams. So if you have a little savings or some money, then you're working on your own dreams.

• 21:52Lewis Howes?

  Right, right. Exactly. Now, talking about penny stocks for a moment, why is this a look down upon? Do you think, uh? Wall Street is like something that's brought it more to light or it made it even worse or?

• 22:03Speaker 01

  Um, I mean, it's always happened. I mean, penny stocks are small companies, under $5 a share. They're very speculative. Like you have a lot of degenerate gamblers trading this stuff thinking, oh, this is the next Microsoft. It never is. So they look at it like these long-term investments, which you never ever should look at any penny stock or really any stock in particular as a long-term investment. 70% of all stocks drop every year. People don't even realize this.

• 22:26Lewis Howes?

  Really?

• 22:27Speaker 01

  The stock market is like one giant casino, you could say, but also it's geared towards insiders and companies. Why do, why does a company become a public stock? Because they need to raise money. Why do they need to raise money? Maybe their competitors are getting ahead of them. Snapchat, you know, Instagram is crushing them with Instagram stories right now. So Snapchat has to go public. They're not necessarily going to be the best company to invest in, even though their product is hot. Financially speaking, they're not good. Penny stocks are even smaller. They only have one or two products. They're not, they don't have billions of users like Snapchat or Facebook. So they're very speculative companies. So what you have to do is look at them properly. And what my top students and I have learned to do, even though we don't win every time, you know, to get that out of your head, thinking like, oh, you're going to win all the time.

• 23:09Lewis Howes?

  What's your winning percentage?

• 23:10Speaker 01

  So I've, I win roughly 74% of the time. Um, but when I'm wrong, I cut my losses quickly. So that's, a lot of it is just discipline and, and rules, you know, like if you're on your diet, you're on your diet right now, you, you stick to the rules. If you're trading stocks, you stick to the rules. Like sometimes I'm wrong and the stock goes against me. A lot of people have that problem where the stock is going against them and then they add and they add to their position.

• 23:32Lewis Howes?

  No.

• 23:33Speaker 01

  Cause they don't want to lose. Cause their ego gets involved. With me, if I lose, I have to share everything publicly. I share every single trade in real time, transparently. Sometimes I look like a freaking idiot where the stock just goes against me right away. But that's good for me because I learned to cut my losses quickly. Take a small loss, move on, something I thought about, something in my thesis was wrong. And I move on and I live to fight another day.

• 23:57Lewis Howes?

  I see you posting all the losses on Instagram and Twitter. You're like, I just lost a thousand a day or I made six grand a day.

• 24:02Speaker 01

  Yeah.

• 24:03Lewis Howes?

  And I think it's cool that you're showing your, you're showing your life of what's happening in real time.

• 24:08Speaker 01

  Well, that's the key. It's, it's all transparency on the internet and, and you, you've learned this, you've built your brand based on transparency. There's a lot of people doing podcasts and stuff like that, but you've been more transparent than most and more inspirational than most. The more honest you can be with your following and your social media, the better. Obviously, there's limits, you know, you gotta work on privacy a little bit. I have to work on privacy. I overshare sometimes too much. So I'm working on that, but just be real. That's the secret to success on the internet. Just be real. There's so many scams, there's so many sketchy people, like they're trying to make all this money in like affiliate business and network marketing in like one year. And then they burn their whole email list and they burn everybody with these crap products and no one wants to come back to them.

• 24:50Speaker 01

  I've been teaching now for eight years and our business is doubling every year because we're just real. We don't say, oh, can you guarantee me profits? No, I can't guarantee you profits. I can guarantee you knowledge and I can guarantee you education. I can teach you every single thing that I've learned from 18 years of stock trading. And while I can't guarantee your success, education is your only chance. If you don't have education, if you don't study the past, what are you doing? Then you're truly gambling. So all I can do is teach and teach honestly. And frankly, I'm very fortunate to have dedicated students. All of my millionaire students and six-figure students, they study so much. I have 4,000 video lessons now. I make a video lesson every single day.

• 25:29Lewis Howes?

  You're a machine, man.

• 25:30Speaker 01

  But I find, I find education everywhere. Like if I have a good trade, if I have a bad trade, here are five lessons. Here are good takeaways from my good trade. Here are takeaways from my bad trade. I'm basically just a glorified history teacher. And if you study the past, that's your key to your future. But most people don't want to study the past. They just want hot stock picks. Like I don't want to put in 45 minutes to learn about this company. Just tell me a company to buy. No, that's the wrong attitude. There's a lot of people who make hot picks out there. There's an ugly bald guy on CNBC. He's right about 35% of the time. His numbers are crashing because he's just hot picks. You're giving into the gamblers.

• 26:07Lewis Howes?

  So you do a lot of research for all your picks or?

• 26:09Speaker 01

  Research and just mindset and positioning. Like all of these students, you know, they've been with me for years. They watch every single thing. They learn from their gains. They learn from their losses. And you have to realize that that's kind of like life, you know? We all make mistakes along the way. Too many of us are too hard on ourselves, I think. When you have a mistake, not just in the stock market, but just in life. And you, you know, you screw up and you're like, get down on yourself for, I see people get down on themselves for weeks or months. And they're, they're, you know, they turned to drinking or they, they can't like have any confidence in themselves whatsoever. Even if you're the most successful person in the world, even if you're a millionaire or billionaire, or forget about money, just have had success in whatever industry, you make mistakes.

• 26:53Speaker 01

  What the most successful people have learned to do is learn from those mistakes. You don't want to make a mistake and try to forget about it and then have it happen again and again and again throughout your life. I make a mistake, I write a whole blog post about it. Here's my stupid mistake. So that all my followers can see, I'm not that smart, I'm not that great at math, but I'm real. And if you're trying to build a business on the internet, actually what I think people should share more of their mistakes and lessons learned along the way, the hard fought lessons. Cause that's what gets, you know, people really loyal, like whoa, this, this guy's different. He's not like winning a hundred percent of the time. He's sharing everything. And this goes with everybody, you know, even in charity world, there are mistakes that are made. And on Wall Street, there's tons of mistakes that are made, but no one wants to admit it.

• 27:37Speaker 01

  Cause they are afraid of it making them look bad and then losing that business to somebody else. What they don't realize is that because everybody thinks like this, it creates this whole alternate reality. Where everyone thinks that they have to be perfect all the time. You don't. It's okay to lose. Which camera is it?

• 27:54Lewis Howes?

  Either one.

• 27:55Speaker 01

  You, it's okay, it's okay to lose. It's okay to make mistakes. True success, you know, takes time. I mean, your podcast, how many years have you been doing this?

• 28:03Lewis Howes?

  Four years next week.

• 28:04Speaker 01

  And I saw you do, I saw, I think it was an Instagram story where you talked about like the growth, it's a marathon. You didn't have success right away, but you kept going. We're episode four, 400 plus.

• 28:16Lewis Howes?

  30 something, yeah.

• 28:17Speaker 01

  Freaking awesome. And you're learning and you've gotten better. And now I feel like I'm in a helicopter and your studio is gotten better. But you optimize over time and no matter what, anybody out there is listening, no matter what industry they're in. You have to test and you're fine over time and you have to stick with it. Too many people give up too quickly. They try something new and they're like, ah, this feels weird. I'm, I'm uncomfortable. I made a mistake. I lost like in the stock market. Or, you know, if they start a pod, their own podcasting channel and they're like, I spent all this time on this podcast and only three listeners. Okay. What can you do better next time? I write a book, you know, people, lots of people write books. They don't sell like the school of greatness. Okay? So they give up and they say, oh, it was, it was just, it was stupid of me to even think that I could be an author.

• 29:00Speaker 01

  Stop giving up so early, you know, try for five years, 10 years. If you have to work a normal job and then support your dreams at night or on the weekends, that's fine. You know, with modern medicine, we're going to live over a hundred years.

• 29:14Speaker 01

  You know, singularity is coming if we eat right.

• 29:17Lewis Howes?

  Yes.

• 29:17Speaker 01

  I had my smoked salmon and berries this morning and my green tea right here.

• 29:21Lewis Howes?

  I like it. Yes. You gotta stay committed to it now. Now I'm gonna build the momentum.

• 29:25Speaker 01

  So, so you can call me out on this. I told you to call me out on this. Tell, tell everybody your story.

• 29:31Lewis Howes?

  Every like six months I hang out with Tim and he's either like the best shape I've ever seen anyone or he's like Oompa Loompa, like walking around, eating like anything he wants to and he's like.

• 29:40Speaker 01

  Oompa Loompa is fat. I, I think they're just tiny.

• 29:43Lewis Howes?

  Yeah, tiny and round. Oh, maybe they're not. Maybe I'm thinking of the, the girl who turns into like the big.

• 29:49Speaker 01

  Veruca.

• 29:52Lewis Howes?

  Exactly. So, uh, you know, Tim's like, he's very extreme, I think, or you have been in the past. So maybe you'll be your own teacher. You'll learn from your history and you'll apply the lessons and move forward in a consistent manner.

• 30:04Speaker 01

  And that's why I wanted you to call me out on this because I have gone back and forth. I'm like a stock, you know, there's a bull market and a bear market for my weight right now. I'm, I'm pretty good. I'm pretty good. Well, I'm trending down, but you want to trend down in weight.

• 30:19Lewis Howes?

  Gotcha.

• 30:19Speaker 01

  Uh, it's opposite the stock market, but you do need to stay committed. My health is trending up. I, you know, I, in the past, I've, I've had huge issues with work, life balance.

• 30:30Lewis Howes?

  Yes.

• 30:30Speaker 01

  Um, travel balance, you know, trying to work from Asia while traveling. I, it's not an exact science, but what I found with anybody successful, like most people don't realize what it takes to truly be successful. They're like, oh, I want to be rich. I want to be successful. And they think that, you know, you don't have to put in like extraordinary amounts of time to actually make it. Like so few people make it, not because they're so talented or genetically gifted. Obviously you have a few of those people. But a lot of it is just such hard work and perseverance. I mean, thousands of hours of study. I get messages from people. They're like, how can I be a millionaire in the stock market? With as little time and as little money down right now. And I'm like.

• 31:11Lewis Howes?

  Roll the dice and get lucky.

• 31:13Speaker 01

  Well, but you're asking the wrong questions. Like you should be asking like, you know, how much time is required for me to study? And it's different for everybody, you know, people pick up different concepts.

• 31:23Lewis Howes?

  People don't want to put in that time. It's too much energy or work. I just did a webinar. Uh, talking about a program that I'm doing, a 10 week class that I do to help people really optimize their life, their goals, their dreams, their financial habits, everything. Couple of questions were like, well, how much time a week is this going to take to go through this training? I go, you're going to get out of it what you put into it. If you give me 10 minutes, you're going to get that much of results.

• 31:43Speaker 01

  Yeah.

• 31:43Lewis Howes?

  If you give me more hours and you take action, you're going to get better results.

• 31:46Speaker 01

  Well, you know, 80% of people who have a gym membership don't even go to the gym.

• 31:50Lewis Howes?

  Yeah.

• 31:50Speaker 01

  Okay. And, you know, so you have a gym membership. That doesn't mean you're going to be healthy. You actually have to use the machines. You actually have to sweat it out. And so I actually find this, I have 6,000 students now, over 80 countries. That's fantastic, but my average video lesson only gets about 500 views. Okay. Unless I really push people, unless I post like a thumbnail with my Lamborghini. There's these pictures of my cars and I take pictures of cash. It actually gets people studying harder, which is their only shot. But it's crazy how few people actually put in the time. And you need to have a big goal. This is why I always talk about my millionaire students. Some people say, oh, it's bad to talk about that. So few of them are actually millionaires. But if you have a big goal, studies have been proven that they increase your daily performance 15 to 25%.

• 32:35Speaker 01

  So if you're looking, you know, if you're at the gym and you see like posters of people, they don't show posters of like fat people.

• 32:41Lewis Howes?

  Right.

• 32:42Speaker 01

  Posters of people with perfect bodies.

• 32:43Lewis Howes?

  Average shape.

• 32:44Speaker 01

  Nothing. They're perfect. Like, most of them are genetically freaks, you know, gifted freaks that are on the walls here. And they're professional models and you're looking at that and you're on the treadmill and you're looking and you're like trying to like be that person. So for me, as a stock market teacher, I post pictures literally of like a million dollars in cash. Business Insider followed me around. I took out 1.2 million. I don't post counterfeit cash. I just went to the bank one day, took it out, took photos and videos. I don't carry cash around with me, FYI. So don't.

• 33:13Lewis Howes?

  Don't stalk you.

• 33:14Speaker 01

  Don't bother.

• 33:15Lewis Howes?

  Mayweather.

• 33:15Speaker 01

  Yeah. I, I just took it out of the bank and I posted because if you're looking at that, it increases my video views. I, I did the exact same video with a 45 minute technical take on this stock. And I was like, here are the pros, here are the cons. And it got so few likes and I had the thumbnail as like the stock chart because that's what, what I'm analyzing. Then I did the exact same video and I reposted it with a thumbnail of my Lamborghini. And it got four times the amounts of views and they watched it three times longer because now you see the reward for actually watching it. Oh, if I learn this stuff, I might be able to get a Lamborghini too. So it's whatever motivates you and it doesn't matter if it's charity or Lamborghinis or cash or success or, you know, buying something for your family.

• 33:56Speaker 01

  You need to find what motivates yourself to work harder than you ever thought possible to find success. It's not laziness, like not even like average effort is going to get you to true success. And most people, they come up to me, they say, oh, I want to be rich. This is nice. It's, you know, it's like, like this, like this fun concept, like, oh, I want to be a millionaire. But they don't really believe it. I think it's like only going to happen to somebody. It can happen to anybody. None of my millionaire students that are I, we're not that smart. Okay. I'm not that smart. I, I can admit my own defects. I'm not that good at math.

• 34:31Lewis Howes?

  But you've researched, you've studied, you've trained.

• 34:33Speaker 01

  I have a work ethic like no other. Okay. Gary Vaynerchuk has a work ethic. I have a work ethic. Gary and I, if we stacked up work ethics, I would win. That's how insane it is. Okay. I swear to God, I am, you ask anybody in my family, they're scared of me of how hard I work.

• 34:50Lewis Howes?

  You're committed. I know.

• 34:51Speaker 01

  It's insane, but when you have that drive, like I can't even stop if I wanted to. I have like this blood flowing, like when someone says, you know, some people say you can't short sell penny stocks. Like you can't bet against them. There's a, there's a common lie out there because in order to short sell penny stocks, you need to find a broker that has shares to short. If you're with a crappy broker and they just don't want to admit that they're a crappy broker, they're just going to say, oh, you can't do that. It's illegal. So I get an email pretty much every day from somebody says, what you're doing is illegal. This is a scam and my blood boils and I just start writing and I show them video lesson after video lesson. Like, how am I doing this trade? I do live trading videos too. So I show the trade and I'm like, this is not illegal. You just have a shitty broker. Oh, crappy broker.

• 35:34Speaker 01

  Am I supposed, am I allowed to say that? I know this is a family program. I'm sorry. Lo siento.

• 35:39Lewis Howes?

  Now, something I want to, uh, address is you, I love how you really don't care what people think about you. And now this is like, maybe on some level, but pretty much 99% of the time you don't care. You want to make sure that people know that you're doing everything, you know, legally and according to like law and everything else, I guess, but the way you post things online is very

• 36:01Speaker 01

  Aggressive.

• 36:02Lewis Howes?

  Aggressive and, um, you know, It's like you said, it rubs like almost

• 36:08Speaker 01

  A lot of people

• 36:08Lewis Howes?

  Like nine out of 10 people are like

• 36:10Speaker 01

  But I don't care about outsiders. What I care about are my students. So again, it comes back to what makes you happy? What can you do to make yourself happy? For me, giving back, I love that, but also creating millionaires from scratch. So I don't care what nine out of 10 outsiders think. I care about what one out of 10 and those one out of 10 people are my students. And what can I do to get my students studying harder? So it's weird. Yeah, you're going to pull up my Instagram, right?

• 36:36Lewis Howes?

  So just so I can see, I mean, I look at the top posts, I see, uh, you do a lot of these, which I like. It's just kind of like your laptop.

• 36:42Speaker 01

  Viceroy Bali.

• 36:43Lewis Howes?

  Yeah, like the laptop on a like, on a lunch or a breakfast table with like a nice

• 36:47Speaker 01

  Those are the best pancakes in the world. I don't want to tempt you. I know you're on a diet, but

• 36:51Lewis Howes?

  A lot of, a lot of nice views. Here's like Bali or something, the Maldives. Then you've got the, the Ferraris. You've got the, the, here's a stack of, I don't know, a couple million dollars.

• 37:01Speaker 01

  1.2 million.

• 37:01Lewis Howes?

  1.2 million dollars just in stacks.

• 37:04Speaker 01

  And that was a picture at the bank. Apparently you're not supposed to take pictures. I got yelled at a second later.

• 37:07Lewis Howes?

  Wow.

• 37:08Speaker 01

  Cause there's these laws and it's taboo to talk about this stuff and it shouldn't be like it's, it's no different than like talking about your body. Like people are scared of like nipples.

• 37:16Lewis Howes?

  Why are people scared to talk about money?

• 37:18Speaker 01

  Cause again, you know, you have like the wolf of Wall Street. You have so many internet scammers and they've like abused people for so long. Like there's so many people who are abused. Like how can I be sure that you're not a scam? And I'm like, if you have any doubts, don't learn. I have over 800 free videos now on my YouTube channel. So if you don't see that and you still don't want to learn, I'm not begging you. The cool thing about being real and basically an industry full of scams is I get to choose my students. So if people have doubts, it's fine. Just don't talk to me, you know, but I do my best to give people as much as I can of education. And these kinds of photos inspire people and sometimes it pisses people off, but as long as you can, I think.

• 38:01Lewis Howes?

  And how does it, how does it make you feel when people are like, say all these negative comments under a post?

• 38:05Speaker 01

  Well, so my first millionaire student actually was my first hater. He wrote a blog post called the Timothy, Timothy Sykes is full of BS. You can Google it. It's still there. He's, he's updated. He said, I went from Tim's biggest hater to Tim's biggest fan. He's now made 1.6 million. His name is Michael Good. He's the moderator of my chat room. And he made all these comments when I first came out saying, I'm going to create a millionaire. And he was like, just another internet sales guy. But he tried all my stuff. He watched my DVDs. He implemented a lot of it in his trading and now he does very well. So if I can turn my biggest hater into a millionaire, I can do that with anybody. So as long as I make some kind of, you know, memory, some imprint on people, there's still a chance. And a lot of people don't necessarily like me at first, or they, you know, don't want to study at first.

• 38:51Speaker 01

  And I'm saying, okay, that's fine. Cause I don't, I don't need non-dedicated students. Again, if you want to truly be successful, you have to be so dedicated. If you have the wrong mindset from the beginning, it's impossible. You're just wasting your time. You're wasting my time. So I'd rather just cut it off. Uh, but a lot of these people who don't study at first, then eventually they get interested. And then maybe they see a stock that I called right, or they see one of my free videos and they come back six months, nine months later and they become my students. So it's not about getting, and this goes for your, you know, you as an internet business and you as a podcaster. It's not about getting the customer right away. It's just showing who you are. And if you can get them to hate you at first, that's fine. As long as they're willing to look at you later on.

• 39:33Speaker 01

  Or they'll hear about you later on. I'm just going to keep doing my thing. The stock market doesn't change. There's always going to be more plays.

• 39:39Lewis Howes?

  Right. There's a good quote, you know, Grant Cardone is right.

• 39:42Speaker 01

  I do.

• 39:42Lewis Howes?

  There's a great quote that he wrote, I think, says like, uh, one day they love me, the next day they hate me. Both days I get paid, which I really find is like. Just funny to be because it doesn't matter who likes you or doesn't like you. If you stay committed to your vision and you offer value and you're giving good service, you're gonna, you're gonna build your business.

• 40:03Speaker 01

  Well, some of my top students hate me and I'm, I'm fine with that.

• 40:07Lewis Howes?

  Why do they hate you?

• 40:08Speaker 01

  Cause I, again, I'm aggressive, I'm pushy. I'm like, you must follow the rules, you must work so hard. And they're like, alright, I get it. I'm like this annoying parent who's like telling the kids to eat broccoli and Brussels sprouts. I'm not here to make friends. I already have enough friends and I don't even have time for them. I, I actually need to do better with that in 2017. I apologize to a lot of my friends. But I'm here kinda like a drill sergeant. Like I'm the toughest coach that my people will ever have because I'm interested in their success. So if I'm all like nice and I'm like, oh, it's okay. And I'm like coddling them, that doesn't make them into a millionaire. That doesn't make them into a good trader. It might make me more popular, it might get me more business, but it doesn't help me with my goals. And frankly, I think it goes counter to my goals.

• 40:50Speaker 01

  Because now I'm creating a whole generation of students who, you know, just think like the stock market is all nice and warm and fuzzy.

• 40:56Lewis Howes?

  Yeah.

• 40:56Speaker 01

  It's not. The stock market is a battlefield and I need to arm my soldiers with the right tools. You can't come on a battlefield with a knife and everyone else has machine guns. You're gonna get killed. Okay? So if I present the stock market in the wrong way and this, you know, stock trading in the wrong way. I mean, 90% of traders lose money. 70% of investors fail to beat the S and P 500 every year. If you look at the stats, they're terrible. E-Trade has a little dancing baby that makes it so easy. You know, if that dancing baby actually stock traded, he would get slaughtered. Okay? It would be a bloody baby. It would be a mess and that would not make TV commercials. If, if they wanted to be real about what the market is. So you have these marketing companies that basically paint everything so rosy.

• 41:39Speaker 01

  I mean, Jim Cramer, I'll mention the ugly bald guy on CNBC, his ratings are at all time lows because he's wrong 70% of the time. Barron's has done an expose on him. There's a lot of exposes looking at his winning percentage. So you can have the hype, but that's not gonna get you rich. So I have to cut through that. That's the sad reality. That's why I don't mind pissing people off. All I care about are stats and the success of my students. And as long as I stick to that vision in the future, I'll have more millionaire students. When I first said I'm gonna create a millionaire, no one believed me. And then I had one and two within a few weeks and now I have a few. And I can't mention a few of them. Some of my millionaire students hate me. Because I'm, I'm like sharing their story. Some of them want privacy. I have to do better with that. You know, if you make a lot of money.

• 42:22Speaker 01

  You deserve the privacy, even though I don't agree with it.

• 42:25Lewis Howes?

  Right, right.

• 42:25Speaker 01

  Um, because I'm full transparency. I want to get it all out there. I'm glad that some of my millionaire students get it and some of my upcoming six-figure students get it. But I understand when you talk about money, you know, it's weird. But I just have to try and share all these stories and I share stories of like students who lose too. But it's very tough to lose everything. You know, a lot of people are scared of the stock market. You're like, oh, I could lose everything. How do you lose everything if you focused on rule number one about cutting losses quickly every time? I have a whole DVD where I do like a Mickey Mouse voice and I'm like Mickey Mouse or castrated choir boy. That's what I say. I'm like, I trade like a castrated choir boy. And if you think like that, you know, I have some weird analogies.

• 43:05Lewis Howes?

  Sure, sure. Okay.

• 43:06Speaker 01

  But if you think like that, it's very tough to lose everything. It's not like Vegas where you're.

• 43:10Lewis Howes?

  Roll the dice and it's gone.

• 43:12Speaker 01

  All on red or black, double or nothing. You can lose 2% on a trade and you know, if you put in $10,000, you know, you lose 200 bucks. It's not the end of the world. If you put in $5,000. But too many people with a few thousand dollars to their name, think that they have to invest in good companies and diversify. If you made 10%, 20% per year on a $5,000 account, you're making what? 500 over the year, 1,000 over the year? I mean, that's like one fun night out. Okay? If you want to live, so you have to think in terms of like, what is, what is going to change your life? Six figures, seven figures, going back to what can make you happy? What can get you the freedom so that you can explore what you want? And it's tough to think about all this stuff.

• 43:53Lewis Howes?

  Yeah.

• 43:54Speaker 01

  Again, there's mostly scam artists who have never made millions of dollars themselves. I actually made millions before I got started teaching. You have a lot of teachers who've never done anything with their lives. So if you've never done anything with your life, how are you qualified to teach? There's a lot of people in the stock market that are newbies. They've been trading stocks or investing for like a year, two years, three years. They've only seen this bull market. What happens when a bear market comes? They're not prepared. Their students aren't prepared. So it comes down to education, experience and dedication.

• 44:23Lewis Howes?

  What um?

• 44:24Speaker 01

  I'm pumped up, man.

• 44:26Lewis Howes?

  In terms of, now you, you've been trading stocks, penny stocks for a long time. How many years?

• 44:31Speaker 01

  Eighteen years.

• 44:31Lewis Howes?

  Eighteen years and you're also now-

• 44:33Speaker 01

  Eighteen years?

• 44:34Lewis Howes?

  Eighteen, that's a long time, man.

• 44:36Speaker 01

  I know.

• 44:37Lewis Howes?

  Could be your child right now.

• 44:38Speaker 01

  I know.

• 44:38Lewis Howes?

  Eighteen years you've been, you've been, you've been trading and then you started teaching and educating because you saw the opportunity. People saw your results and they said, hey, show me what you're doing. So you started teaching and saw a big opportunity there. Now in that business, uh, you're promoting all over the place. I see you, YouTube, Facebook, Instagram, Twitter, everywhere, blogs, everything.

• 44:55Speaker 01

  Yeah.

• 44:56Lewis Howes?

  What is bringing the best, uh, leads right now? What's bringing the most qualified customers for your business? And for entrepreneurs listening, where should they be spending their time?

• 45:04Speaker 01

  So this is gonna surprise a lot of people. Uh, a lot of people have said, you know, the death of Twitter. Twitter is the best right now. Cause Snapchat is growing, Instagram is growing. But I think what you find if you're teaching and, and you know, you're selling some educational product, like people who need education, not some little gifts or some little, uh, you know, I don't even know what they sell. There, there's so much junk out there on the internet. It's like the wild west. If you're selling something useful to actually people who wanna better their lives intelligently, okay? Like you wanna expand your mind. Twitter, as slow as it is, whatever, it really works so well with the educated crowd.

• 45:47Speaker 01

  Okay, I'm not talking about like buying a little sticker or like some little-

• 45:52Lewis Howes?

  T-shirt or something.

• 45:53Speaker 01

  Or some little filter, you know? I understand there's a big business with that with like thirteen year olds and stuff like that. That's, that's not my audience and I don't think that's most people's audience. So Twitter for us is booming. Um, I mean, you can follow me Timothy Sykes on Twitter and I'm posting- I think it's also because I've encouraged my people to share their trades openly and screenshots. So we can see what other students are doing. So it's not just learning from me, but other students. And that way we have this whole community now.

• 46:20Lewis Howes?

  People sharing and showing what they're doing.

• 46:21Speaker 01

  But every single day I'm posting like 30, 40, 50 students who are making 500, a thousand dollars a day. And it's nothing huge in terms of Wall Street. You know, Wall Street looks down on like 500 dollars a day. But the average person, you ask them, would you like to make an extra 500 or a thousand dollars? Would you like that knowledge? Huge, especially over time because it adds up a day. And it adds up over time. Sometimes you lose. Sometimes you lose a hundred or 200, but sometimes you make. You know, in the past two days, I'm up 12,000 now. Yesterday, when I saw you, you know, we went to the comedy show. I was, I had made 10,000 yesterday. Today I made about 2,600. So I'm trading with different amounts. I trade with a small amount just in order to teach, but.

• 46:58Lewis Howes?

  How much you trade with normally?

• 47:00Speaker 01

  Um, so this year I started with 5,000 dollars to begin the year. Last year I started with 12,000. I grew it to like 100,000. So what I teach is, you know, you can basically make six figures per year. I've never had a seven year, uh, seven figure profit in one year in trading stocks. My best year I made about 850,000. But I'm still a millionaire because you know, you make 850, you make 350, you make 500 and it adds up. And that's the freedom. So again, there's people on Wall Street. I mean, they're making the best traders out there make 50, 100, 200 million, 2 billion. But their strategies require a huge amount of capital.

• 47:34Lewis Howes?

  A lot of money, yeah.

• 47:35Speaker 01

  You have to be in New York. You have to have the connections. You have to be a genius.

• 47:37Lewis Howes?

  Right, right.

• 47:38Speaker 01

  And it's not applicable. My strategy is applicable to average people. So when you said like, oh, you got into the business of teaching, you saw an opportunity. My strategy is better for small accounts. I didn't choose this. I didn't never wanted to be a penny stock trader. But it's ideal for people with like 5,000, 10,000, 20,000.

• 47:53Lewis Howes?

  Got it.

• 47:54Speaker 01

  Not never a billion. I have no billionaire students. I never will have a billionaire student and that's fine.

• 47:58Lewis Howes?

  Yeah. Now I'm curious about, I want to, I want to wrap things up here in a moment, but I want to go back to the, uh. The thing that you kind of, you kind of went over quickly about your announcement with Pencil Promise.

• 48:09Speaker 01

  Yeah.

• 48:09Lewis Howes?

  Now, you made a million dollar donation to Pencil Promise, which is an organization that I'm a supporter of. I'm on the advisory board. I've built schools with, and I brought you in, I think, a year and a half ago or something.

• 48:19Speaker 01

  Yeah, yeah.

• 48:19Lewis Howes?

  A couple of years ago. I said, you gotta put, if you're putting money in charities, you gotta put it into this, something.

• 48:23Speaker 01

  Yeah.

• 48:24Lewis Howes?

  Now, why Pencil Promise? Why a million dollar donation?

• 48:28Speaker 01

  So, let me explain again. As I mentioned briefly, you know, the charity world has a lot of different charities. No different than the stock market. Some are good, some are bad. Um, you have to do your research. And I've done little tests, you know, just like I do in the stock market. I do a test trade. I do a little trade. With the charity world, I've done little donations. I've donated, you know, Cambodian Village Fund. My school's opening up. I just donated fifty thousand to build on. We're building a school in Nepal. I don't know if you've been there. That place is amazing. I went hiking in Nepal.

• 48:57Lewis Howes?

  Wow.

• 48:57Speaker 01

  And it's, it's beautiful. So I'm going back there when the school opens, probably in like six months. Um, I build schools in Bali now with the Bali Children's Project. I have a few schools there. Just surprised them with a seventy-five thousand dollar donation. So fifty thousand, seventy-five thousand, you know, twenty-five thousand here or there. Make-A-Wish, Boys and Girls Club, twenty-five thousand.

• 49:16Lewis Howes?

  You've donated everywhere.

• 49:17Speaker 01

  Fifty thousand. A lot of what I'm into, you know, we, we've donated to some medical charities for, for breast cancer victims. Um, but I, I really focus on education, you know, this is my life. So I gravitated towards it. So, yeah, you introduced me to Pencils of Promise, you know. My first, uh, donation was a hundred and twenty thousand and that opened. School. And it opened up some good schools. Um, but then, you know, when we went to Laos, and I actually still have to post this video, like, I surprised them in Laos with this donation. I made a live announcement. They didn't even understand. They were trying to translate. The translator, uh, was like, uh, a thousand dollars? I was like, no, a, a million.

• 49:53Lewis Howes?

  They're like.

• 49:54Speaker 01

  Yeah, they didn't understand. It was, it's actually a funny video. I gotta post it.

• 49:57Lewis Howes?

  They would get it when they were like, oh, a million.

• 49:59Speaker 01

  I think, I mean, I don't speak their language, but when, when she said a thousand at first and, you know.

• 50:05Lewis Howes?

  They're like, oh, thank you.

• 50:07Speaker 01

  Yeah. So there was like a little clap, like thousand dollars. Okay. I mean, they're grateful for anything.

• 50:11Lewis Howes?

  Of course.

• 50:12Speaker 01

  But then a million, I don't think they can even. I mean, this is twenty plus schools.

• 50:16Lewis Howes?

  Twenty schools.

• 50:17Speaker 01

  Twenty schools and you know, Pencils of Promise also has these other programs. It's not just about building schools.

• 50:23Lewis Howes?

  The educational programs.

• 50:24Speaker 01

  Correct. So e-readers, teaching teachers to be better teachers, you know, to make them more efficient. Operating the schools, Pencils of Promise has now built nearly four hundred schools worldwide, but all the schools are still operating. And I actually asked them, and this is one of the reasons why I went so big, all these other charities that I donate to, they're grateful and they're great charities. Okay, I haven't. I have not, I have yet to donate to like a bad charity. They're all doing good and they're all amazing, but Pencils of Promise has something that the others don't, which is scalability. Because again, they're so organized, everything is based on numbers, you know, they use Salesforce. I mean, it's, it's very organized. And so when they build four hundred schools, that's a test for building, you know, four thousand schools. And if the numbers in the programs line up, they can build forty thousand schools.

• 51:08Speaker 01

  These other charities, it's good to build these schools, it's cool, but frankly, they're just not equipped to be that scalable. And it's, it reminds me very similarly of my teaching where I teach people to make five hundred dollars, a thousand dollars. And then eventually it adds up to six or seven figures. It's scalable up to a limit. With Pencils of Promise, there's no limit. And they built this amazing infrastructure that I think a lot of people don't realize it takes a while to build the infrastructure before you can scale anything. So the hardest part is building the infrastructure, the foundation. And then once you scale and scale and scale, but this is the single largest donation in Pencils of Promise history, so I'm pumped about that.

• 51:44Lewis Howes?

  Congrats.

• 51:45Speaker 01

  But it, it hopefully will usher in this new era where other people start to realize, wait a minute, this is a scalable thing. Like they wouldn't even let me have internet at my schools. I was like, give me internet at my schools. And they're like, well, let's just make sure I, you know, Suzie, I was talking with Suzie. And, and Michael. And I was like, I, you know, I'm an internet guy. Give me internet in the schools. And they're like, well, we're, we're testing that in a, a small group. You know, in Guatemala and we'll see how the test goes. And I was like. I was kind of taken aback at first. I was kind of pissed because I was like, I'm the donor. I should get this. But then, once I started realizing, wait a minute, they do everything based on big data. So they're learning from the existing 300, what is it, 388 schools, I think, right now is the count. And then they take that and they optimize. And that is the secret to success.

• 52:31Speaker 01

  With technology, with the internet, we've just gotten started looking at big data and how we can optimize that. And it's going to be fascinating. I mean, we're still like, picture like the US and the Wild West in like the 1880s, 1850s. Like the gold rush kind of thing. That's what I think the internet is right now. Where that's why I think people are so happy with their little, you know, emoticons. That's what I was looking for. And then they think, oh, this is amazing. This is the internet. That's not the internet. Okay? That's like selling fool's gold in 1870 in Alaska. The future of the internet is based on big data, using that data to optimize businesses, education, charities, everything that actually truly matters. And if we can use it right and stay focused,

• 53:10Speaker 01

  instead of the negativity, the political negativity, the, you know, using social media just when you're bored at your job. You know, it's an easy thing. Like you pull it up, people are bored in the lines. I'm not saying that it's bad to be entertained, but you have to look at the full promise. And Pencils of Promise actually gets it. And I think more people will get it as we start to see more applications used with big data.

• 53:35Lewis Howes?

  So what's your call to action for people with giving or Pencils of Promise or charities in general?

• 53:40Speaker 01

  Um, I mean, obviously, they need money, you know, charities need money. Okay? It's all well to do. I get people messaging me like, yeah, I love this. This is awesome. How can I help? Give money. They need funding, you know, they've optimized their infrastructure. They're ready for more, but they need funding. Um, so if you have the money, to you Wall Street douchebags out there, I know you have the money. I know you're spending it on stupid, stupid things like Provocateur and One Oak. And, you know, no offense to those great establishments, but there's so much more in life than, you know, I've done that. I've bought bottles. I've wasted so much money on such stupid things in my life.

• 54:19Speaker 01

  So if you have that money, so much extra money could be used to really build these kinds of things. If you don't have money, that's cool. What you can do is actually study and find your passion and make a lot of money. Money does make the world go around. It's nice to volunteer, but if you truly want to make an impact. You gotta really think big.

• 54:39Lewis Howes?

  Yeah.

• 54:40Speaker 01

  And you need to think big about your own life. It's not just charities too. Money, unfortunately, I don't make the rules. I'm sorry to be like the, the bad guy. I'm just the messenger here, right? But you need money for the freedom. Otherwise, you have to pay your bills. Like, I've never seen, I, I know a few stock traders that don't trade with big accounts, but they're like, oh, I've made 188% on my small account. I was like, can you pay your rent with that percent? I, I didn't know. What, what's the rent on a building with that, that accepts percentages? I'm sorry. That's not how it works, you know? Hypothetical performance, like, well, I'm, I'm paper trading and I'm just testing. Okay, paper trading is good. Testing is good. But you need to eventually make money. That's what matters in this world. So, it all comes back to it, no matter how you slice it.

• 55:23Speaker 01

  And that's why I'm in the business of teaching people to make money. And that's my life's work.

• 55:28Lewis Howes?

  I love it, man. Final few questions. Actually, I want people to, uh, declare what, how much they want to give this year on Twitter with us.

• 55:36Speaker 01

  Okay.

• 55:37Lewis Howes?

  So you gotta tag at Timothy Sykes, at Lewis Howes, and say how much you want to give, whether it's the Pencil Promise or some local charity or whatever charity you want to give to. But leave us a comment on Twitter.

• 55:47Speaker 01

  I want to say tag two numbers. What you can give in 2017?

• 55:51Lewis Howes?

  Yes.

• 55:51Speaker 01

  And then also, if you study, if you build your knowledge, your knowledge account, your skillset, and you really focus on growing, even if you're in school, even if you have a job, what can you give 10 years from now? What do you think you can give? So, you need to think about your future self. This is what I tell all my students. Like, sometimes you're trading with a small account and it's like, oh, I made $20, I lost $20, this is so stupid.

• 56:14Lewis Howes?

  Right.

• 56:14Speaker 01

  But you're preparing for your future self. So, if you keep studying and keep practicing stock trading or whatever your passion is, think about what you can do with this if you keep going for the next 10 years. So I want two comments from you guys. What can you give in 2017? And if you really fulfill yourself and your destiny and whatever you're put on this earth for, to find your passion. And ideally, you know, really take it to the next level, make some money with it. What can you do in 10 years?

• 56:43Lewis Howes?

  Hmm.

• 56:44Speaker 01

  And start thinking about that goal. If charity really inspires you, say, I want to be able to give a million dollars in 10 years. Work backwards. What can you do over the next 10 years to get to that point where you can give away a million dollars? I know some people say, I just want to have a million dollars in 10 years. To give away a million dollars, you need to have more than that.

• 57:02Lewis Howes?

  Exactly.

• 57:02Speaker 01

  So it'll be interesting to see the comments.

• 57:05Lewis Howes?

  Yeah, yeah. So two numbers, at Lewis Howes, at Timothy Sykes. Uh, the number this year and the number in 10 years. I like that.

• 57:12Speaker 01

  Your goal and that way, every single day for, from this year for the next 10 years, how many days is that? 365 times 10, 3,600 days, right? Roughly.

• 57:23Lewis Howes?

  There you go.

• 57:24Speaker 01

  You get five days off per year, just because I don't want to do math. But 3,600 days, what can you do over the next 3,600 days to get to that goal? And if you think like that, no matter what your passion is, no matter what your industry is, you start pushing yourself in the right direction. I know some people like say like write notes like before you go to bed, like repeat it in the mirror. I've heard all kinds of different stuff, but just get in the mindset of thinking, what can you do in 10 years? And you'll be amazed. Forget about just one year or two years. You can accomplish a lot. But 10 years, I mean, you can turn your whole life around. I don't care if you're dead broke right now.

• 57:59Lewis Howes?

  Yeah.

• 57:59Speaker 01

  If you follow your dreams in 10 years, you'll be amazing.

• 58:01Lewis Howes?

  It's funny because literally 10 years ago this year, I was talking about this on a webinar this morning. I, my dream of being a professional athlete ended by getting injured. And I was telling the story about how I was broke for a year and a half, had credit card debt, had student loans, had no money coming in for a year and a half, 10 years ago.

• 58:18Speaker 01

  Yeah.

• 58:19Lewis Howes?

  And I was just reflecting like, wow, even though 10 years is a long time, it also felt like a few years ago. And look what I created in 10 years from having no information, no skills, no tools, no resources, no relationships. But 10 years out, I created a lot more than what I had. And we can all create more if we continue to be focused and committed over a decade. A decade is a long time to create something.

• 58:42Speaker 01

  You can do so much in 10 years, but most people don't think like that. They think, what can I do in the next six months? What can I do a year max? I can't even picture two years. If you have like a 10 year goal, I mean, life is long. Okay, like you can do so much. Forget about 10 years. What can you do in 20 years? I'm not going to stretch everyone's imagination there. But what can you do in 10 years that will be so scalable now? And then it just builds and it builds and it builds. And it's amazing. I'm actually writing my book right now for Blog Millionaire.

• 59:09Lewis Howes?

  Nice.

• 59:10Speaker 01

  Literally, I was just writing a chapter the other night. It's been 10 years to the month since my reality show, Wall Street Warriors, debuted. Which is what got me into teaching because I was running a hedge fund. I was managing money for these rich snobs and it sucked. You know, I can't do cocaine, so I wasn't invited to any of the parties in New York. And it sucked. And I'm managing money for these, I don't, I don't like rich people in case you, you couldn't tell. Okay, I don't get along. I get along with like average people much better. I make too many weird jokes or whatever. But I was managing money and then this TV show that everyone told me not to do started airing on Mojo, which was like one of the first high def TV networks. They're, went out of business. But because this was a little TV show and a little network and it was HD.

• 59:52Speaker 01

  So all these nerds had like early HD TVs in like 2006, 2007, 2008. It became the top, uh, the top selling TV show on the early iTunes of 2008, from what I heard. And this stupid little TV show that I did, and I was drunk in every episode. I was an idiot because I was so depressed with my life. Started becoming a hit and I would get 10, 20, 50, 100 emails. How can I learn stock market? How can I learn to trade stocks? That's what got me into teaching because I recognized that there was a demand for this. And it's been 10 years. So I've created my entire teaching business in 10 years and my life has changed. I'm very happy. You know, I've, I've had amazing success in teaching. I've had amazing family success and relationship success and travel success.

• 1:00:35Lewis Howes?

  You take your family with you all the trips, see them.

• 1:00:37Speaker 01

  But 10 years. If you have that goal, your life will change, but many people can't think that that long. So I want, I want to change that.

• 1:00:46Lewis Howes?

  I like it, man. Uh, final few questions for you.

• 1:00:48Speaker 01

  Sure.

• 1:00:49Lewis Howes?

  I don't know if we asked this the last time you were on two and a half years ago, I saw actually.

• 1:00:52Speaker 01

  Was it really two and a half?

• 1:00:53Lewis Howes?

  Two and a half years ago in April, is that what it was? Yeah. May, May, two and a half years, man.

• 1:00:57Speaker 01

  Wow.

• 1:00:58Lewis Howes?

  Um, this is called the three truths.

• 1:01:00Speaker 01

  Okay.

• 1:01:00Lewis Howes?

  I don't think you answered this last time. Three truths. If, uh, today was the last day, many, many years from now for you, because you're going to live over a hundred, so seventy plus.

• 1:01:08Speaker 01

  Over two hundred.

• 1:01:08Lewis Howes?

  Two hundred, yeah, singularity, yeah. Uh, if this was the last day and you've achieved everything you want, all your wilder streams have happened, you've given away more money than you can think of. Um, but for whatever reason, all the videos you put out there on the internet, your books, programs erased from time.

• 1:01:25Speaker 01

  Yeah.

• 1:01:25Lewis Howes?

  All your information is gone.

• 1:01:27Speaker 01

  Yeah.

• 1:01:27Lewis Howes?

  Of what you've said.

• 1:01:28Speaker 01

  Yeah.

• 1:01:28Lewis Howes?

  And you had a piece of paper and a pen to write down three things you know to be true from your entire life.

• 1:01:33Speaker 01

  Ooh.

• 1:01:33Lewis Howes?

  That would be all people know to remember you by.

• 1:01:35Speaker 01

  Yeah.

• 1:01:36Lewis Howes?

  What would be those three truths or lessons?

• 1:01:37Speaker 01

  This is deep. There's no backup on the internet. Skynet wipes it all out.

• 1:01:41Lewis Howes?

  It's all gone. Hypothetical.

• 1:01:43Speaker 01

  Skynet. Um, Skynet is coming, okay? I'm, I'm very worried about that. I'm, I'm helping build it with stocks to trade. This is my automated software that builds everything, but I'm scared of that. That's, that's with your hypothetical, but I think that's potentially in the future. Um, three things.

• 1:02:02Lewis Howes?

  Yes.

• 1:02:05Speaker 01

  Be honest with yourself, um, about what you love and who you are. And, you know, if you don't know, then do what you can to really find out what makes you happy. Cause I think too many people are living for others and they're, they're living based on expectations of others and the rules of others, and they're just ignoring themselves. And part of the reason why I sleep like a baby and I'm so happy and fulfilled in life is because I stopped caring about other people and focused on what made me happy. And frankly, what makes me happy is pretty good. Um, that's number one. Number two, wait, everything is wiped out. The internet is gone?

• 1:02:45Lewis Howes?

  Your information.

• 1:02:46Speaker 01

  I'm just worried about this.

• 1:02:47Lewis Howes?

  No, the internet's still here.

• 1:02:48Speaker 01

  The internet's here.

• 1:02:49Lewis Howes?

  Yes.

• 1:02:49Speaker 01

  Okay.

• 1:02:50Lewis Howes?

  But for whatever reason, your stuff's been erased.

• 1:02:51Speaker 01

  God, Skynet. Um, I would say that, you know, obviously, you know, be kind. Love is the answer. I mean, I could come up with all these like cliche stuff, but. Be so brutally, brutally honest with, with everybody and it'll change all your relationships. Even if some of the, the truths that you, you talk about are tough. Like it's not necessarily like being kind to everybody. Sometimes you have to be cruel to be kind. And that's not something to be taken lightly. I'm not just saying be cruel to be cruel. But you have to try to picture everything. I mean, I kind of picture everything like a stock trade.

• 1:03:36Speaker 01

  Part of the consequences of my job, but it's like risk reward, like upside, downside. I try to encapsulate everything. And, and in that truth, in that reality, life is not always, you know, rainbows and, and leprechauns and Oompa Loompas. Life can be harsh and the sooner you realize that and the more upfront you can be about that, you won't have to live in the BS anymore. Cause a lot of people live in the BS. There's so many fake people, especially in LA, New York and Miami, this triangle of fakeness. This, this triangle of death between these three cities that we all seem to go bounce between.

• 1:04:21Speaker 01

  And the third one, there's no such thing as perfection at all. And you have to realize that. And you know, you try your best to be as good as you can, whether you're a stock trader or you're a podcaster. Or you know, in your relationships with your parents or with your friendships, uh, or with your career. Perfection is impossible. So stop trying to be perfect. Stop coming down on yourself so hard when you're imperfect. When you make a mistake. I see so many people get down on themselves like it's the end of the world. You made a mistake. You're human. Or maybe in this future, you're not human. Maybe you're part cyborg. But until we're full cyborg, okay? While we're mostly human, even if we have certain cybernetic parts, we will make mistakes.

• 1:05:03Speaker 01

  And it's okay. It's not the end of the world, no matter what it is. And you have to learn from that. And, and I think that's the future of our world. We're gonna make mistakes and some of them are gonna be bigger and have more consequences than others. But if you accept it and you learn from it, no different than what I say, like if you have a loss in the stock market. Everything I do relates back to the stock market. I, I see it too much.

• 1:05:28Speaker 01

  You'll be in a better position to accept reality and then get better in the future. For me, it's all about accepting the truths of the universe and life and money and education and fulfillment. It's all related. I was a philosophy major, okay? I wasn't even a business major. All my friends were doing business. I was doing philosophy. So I think a lot about this stuff and it's all interconnected. So be real, be honest, be open-minded and don't be so hard on yourselves because we're all amazing. Like, I don't care who out there is watching this. If they're in America, if they're in Europe, if they're in Asia, if they're a man or a woman, I know you have a book about masculinity. I would write a book about humanity. I don't know about masculinity. I mean, look at these

• 1:06:11Speaker 01

  little arms, right? I don't have that much hair on my chest. I never did. I don't know why. But if you can learn to be the best human and you can optimize your existence and optimize your time, um, and just do the best that you can do, but always be improving. Like that 10-year example that we came up with, it's so good. It's going to change so many people's lives just thinking about, whoa, 3,600 days, like, you know, marking down one day at a time. What can I do to get closer to the goal? And people don't think like that. So think outside the box. I think that might have been more than three things, but this is what I'm thinking, you know?

• 1:06:48Lewis Howes?

  I like it.

• 1:06:49Speaker 01

  It's a whole ball of wax and we're all imperfect, but we can do better with effort and the right perspective.

• 1:06:54Lewis Howes?

  I like it, man. I like it. Um, I have a final question, but I want to make sure that people go check out timothysykes.com. Check out stocks2trade.com, right? The new software that you have.

• 1:07:07Speaker 01

  So this is the software that we're building that's going to erase everything and kill off humanity eventually. This is the baby software.

• 1:07:13Lewis Howes?

  Yeah.

• 1:07:13Speaker 01

  No, it's, I work so hard and I recognize that I'm not always going to be able to work every day. The stock market is open every day. So my team and I have been working for two years to build this software that basically automates my strategy and gives all these signals on the best stocks to trade. And eventually it'll be like, don't make that trade. You're an idiot. Like, we'll have like audio.

• 1:07:34Lewis Howes?

  It's so simple to make trades. If you want to do it on your own, I like that.

• 1:07:37Speaker 01

  Yeah, but it just automates it.

• 1:07:38Lewis Howes?

  Automated, automated, stocks2trade.com.

• 1:07:40Speaker 01

  So if I get erased completely somehow.

• 1:07:43Lewis Howes?

  Go there.

• 1:07:43Speaker 01

  Like Looper and, you know, my future self kills my younger self. I just ruined that movie for everybody. I'm sorry. Did you see that movie?

• 1:07:50Lewis Howes?

  I did see it.

• 1:07:51Speaker 01

  Well, now you know the ending.

• 1:07:52Lewis Howes?

  Okay.

• 1:07:53Speaker 01

  But he was, he was not a good guy and he killed his, his younger self, so he never existed. So there's no bad stuff. It was actually a kind of a beautiful time travel movie. So if my future self somehow kills my current self, maybe I do turn into a bad guy. Maybe all this money and power corrupts me. Somehow stocks to trade hopefully will still exist, although it depends when I kill my younger self. If I kill my younger self in the future, stocks to trade will exist. If we travel back to like 1981, like Terminator, I'm done, stocks to trade will never exist. But right now it exists and it automates, um, stock trading signals. And it's not just my strategy. It's also, we've modeled 20 other millionaire traders. We're trying to model everything and automate it. It's kind of like a Bloomberg for average people.

• 1:08:32Lewis Howes?

  Hmm. I like it.

• 1:08:33Speaker 01

  Sorry, what was your question? I interrupted you.

• 1:08:35Lewis Howes?

  No, I like it. Um, where else should we connect with you online?

• 1:08:38Speaker 01

  I'm just Timothy Sykes everywhere on Twitter, Instagram, Snapchat, YouTube.

• 1:08:43Lewis Howes?

  And your favorite channel? Twitter?

• 1:08:45Speaker 01

  I mean, Twitter is good because I don't, do you know there's cash tags? Have you heard of that? So there's, there's hashtags which are really popular, but in the stock market, if you use the stock ticker and you put a dollar sign in front of it, it organizes so you can see every discussion on Twitter about that one ticker. Amazing. So cash tags are huge for Twitter, but I would refer everybody to my YouTube channel. Cause again, I have 800 plus videos, live trades, webinars. I just posted how my top student made $920,000 yes, uh, last year, not yesterday. But 920,000 and he gave a two hour webinar yesterday.

• 1:09:17Lewis Howes?

  Wow.

• 1:09:17Speaker 01

  Live trading webinar. He made, uh, eight grand yesterday. So that's all free. And you could just start to see, you know, what I'm actually talking about. I'm not just hype. I'm not just these million dollar stacks. There's actually knowledge behind these stacks.

• 1:09:29Lewis Howes?

  I like it.

• 1:09:29Speaker 01

  And I encourage everybody, all these internet people watching this, you have a lot of internet people. If you want true success, true success, not just money, but true success, like having happy customers, being fulfilled, you will work your ass off and you will consider this all. Rather than just being a shady, shady affiliate or MLM person. Where it's like, look at this energy drink or you know, take this vitamin. I see so much BS and we need to stop burning customers because it hurts everybody. Everybody in the internet thinks it's only about them. We're like polluting the internet with all this crap.

• 1:10:07Lewis Howes?

  Right.

• 1:10:08Speaker 01

  And. You need to cut through that and if you provide quality, we can turn back the tide. Just like, you know, environmental stuff. I'm not going to get in there.

• 1:10:15Lewis Howes?

  Sure, sure.

• 1:10:16Speaker 01

  People think that it's okay if they pollute the internet with their crap. It's not. And we're going to need to like, start like recycling on the internet. We're going to need to start changing it. Otherwise, people aren't going to trust the internet. But again, this is the Wild West. They can't help it. I get it. People are, you know, desperate and selfish right now. But the future of the internet is going to be all about quality, commitment, dedication and patience. And your podcast, let's just, before we finish this, what's your podcast going to be in 10 years? We've talked about like money giving in 10 years. I'm going to donate $50 million in 10 years. I'll just throw that out there, just because I know I will. What do you see yourself in this podcast becoming in 10 years? And it probably won't even be a podcast. It'll be called a cryocast or something.

• 1:11:01Lewis Howes?

  Uh, well, I mean,

• 1:11:02Speaker 01

  CryptoCast.

• 1:11:03Lewis Howes?

  Ultimately, I'd like to be the, uh, the biggest daytime talk show in the world.

• 1:11:07Speaker 01

  Talk show on what, what technology?

• 1:11:10Lewis Howes?

  Uh, teaching inspiration, bringing to light the most brilliant minds in the world. Talking about how to optimize your health, your relationships, your spirituality, your wealth, uh, and

• 1:11:20Speaker 01

  You want to be Dr. Oz, Dr. Phil and Oprah in one.

• 1:11:24Lewis Howes?

  Yeah.

• 1:11:25Speaker 01

  Younger, jacked, Mario Lopez, Ryan Seacrest, all in one.

• 1:11:31Lewis Howes?

  Right, exactly. Yeah. I mean, I want to be the hub of, uh, inspiration, information and education on how to optimize your life.

• 1:11:38Speaker 01

  In 10 years?

• 1:11:40Lewis Howes?

  I mean, sooner than that, but yeah.

• 1:11:42Speaker 01

  That's a good goal.

• 1:11:43Lewis Howes?

  Yeah.

• 1:11:44Speaker 01

  How much will you donate in 10 years? You gotta put a number on it too.

• 1:11:47Lewis Howes?

  How much do you want me to donate?

• 1:11:48Speaker 01

  This is your dream, man.

• 1:11:49Lewis Howes?

  You know, for me,

• 1:11:50Speaker 01

  I'm at 50 million.

• 1:11:51Lewis Howes?

  I would say, uh, I would say a minimum of 15 million in 10 years if I'll personally donate.

• 1:12:00Speaker 01

  Mind you, there's inflation too. So 15 million in 10 years.

• 1:12:03Lewis Howes?

  But hear me out here.

• 1:12:04Speaker 01

  Okay.

• 1:12:05Lewis Howes?

  I think my true power doesn't come from how much I donate, but how much I influence other people to donate. For instance, I've only given a few hundred thousand Pencils of Promise, but I brought in over 2.5 million from my relationships.

• 1:12:17Speaker 01

  Yeah.

• 1:12:17Lewis Howes?

  You know, you being one of the person that brought in the millions.

• 1:12:19Speaker 01

  Yeah.

• 1:12:19Lewis Howes?

  So I think by having the, the show and the, the largest, the one that's the most trusted, you know, when I bring people to an idea, a person, a product, a charity, I'll be able to create that, the show will be able to create that influence in taking action. So that's where I see really the show bringing in hundreds of millions of dollars of donations.

• 1:12:39Speaker 01

  That's perfect. No, and we have to use our talents. You know, you are a great connector. You're a great people person. When I'm telling these Wall Street douchebags that they're douchebags, they're probably not going to want to donate. I can probably learn from you, but you got, some of you Wall Street guys are such douchebags. I don't know, I don't know how to be nicer. I mean, that's as nice as I can be. That's like pushing it.

• 1:12:57Lewis Howes?

  Not all, some of them you're saying.

• 1:12:58Speaker 01

  A lot of them.

• 1:12:59Lewis Howes?

  Right, right.

• 1:12:59Speaker 01

  A lot of them. I mean, I talk to more people on Wall Street than anybody and it's time somebody calls them out. So I'm not going to be the connector. I'm not going to be the one to influence, although I think, you know, maybe I can guilt some of them.

• 1:13:12Lewis Howes?

  Exactly. Well, let's, let's not digress anymore. Let's get back to the, uh, the final question.

• 1:13:17Speaker 01

  Yes.

• 1:13:17Lewis Howes?

  But everyone can connect with you online, stocks to trade, Timothy Sykes everywhere. Tweet us at Lewis Howes, at Timothy Sykes, the number for this year and 10 years. And, um, I want to acknowledge you for a moment, man, because I've known you for a long time and so many people have a lot of negative things to say about you on the side, on the internet, they'll ask questions. And anytime I hear someone talk about you in a negative way, I stop them because I say, listen, you don't know Tim Sykes the way I know him. He's got the biggest heart. Maybe he talks too aggressively, maybe he posts aggressively, maybe he talks about stuff you don't like, but this guy gives and gives and gives and he helps thousands of people every year change their lives with financial freedom.

• 1:13:59Lewis Howes?

  So I want to acknowledge you for showing up in a big way, having a huge Jew heart that you have, because you have all these Jewish hashtags.

• 1:14:06Speaker 01

  I make Jewish jokes.

• 1:14:07Lewis Howes?

  You make Jewish jokes, but you have a huge heart, man.

• 1:14:10Speaker 01

  That's my entertainment.

• 1:14:10Lewis Howes?

  And you are, you're real to who you are. You know, you're real to your, your message, your word. Uh, you're unapologetic, but you're also knowing to apologize if you know you do something wrong.

• 1:14:21Speaker 01

  Yeah.

• 1:14:21Lewis Howes?

  And I just think it's incredible that you're so unique, raw and real and giving that, uh, I really acknowledge you for how you show up and how you give back to the world. So I want to acknowledge you for that, my man.

• 1:14:33Speaker 01

  Much appreciated.

• 1:14:33Lewis Howes?

  Yes.

• 1:14:34Speaker 01

  Living the dream, baby.

• 1:14:35Lewis Howes?

  Living the dream. And we got one final question. What's your definition of greatness?

• 1:14:39Speaker 01

  Greatness is,

• 1:14:44Speaker 01

  I mean.

• 1:14:46Lewis Howes?

  In one sentence.

• 1:14:48Speaker 01

  This can be a run on sentence. Greatness is different for everybody. There's no one specific definition for, you know, it's not based on, on money or, or happiness or fulfillment. It's whatever you can do in this world, in your life, with the time that you're afforded and the talents that you're afforded. Um, as you optimize your talents ideally and, and try to grow your brain and, and skillset. Um, to just do what you can in this world and, and whether it's giving back or teaching or inspiring or making money, um, or, you know, entertaining or skateboarding or painting or singing. We need to be more open about

• 1:15:32Speaker 01

  each other's talents and gifts. And we're all amazing. We, we all have amazing gifts and too many people are focused on specific outcomes. Like if, if you're a great skateboarder, but there's no money in that, or I guess now there's money in the, there's money in everything now. Cause you know, the internet can make it big, but if your talent isn't necessarily accepted by other people, I mean, I'm a good penny stock trader. I didn't want to be. I'm a good teacher. I didn't want to be. I never anticipated that. But if you go with your talent, you see what feels right and you take it all the way. That's great.

• 1:16:10Lewis Howes?

  Tim Sykes, thanks, bro.

• 1:16:11Speaker 01

  Thanks.

• 1:16:17Lewis Howes?

  And there you have it, my friends. I hope this inspired you to, to think bigger about your business or about, even if you're working somewhere, uh, in an organization that you love, to think about how can you contribute? And how can you give back? And I'm not expecting all of you to write million dollar checks right now, or at some point in your future. Maybe some of you will, and that's awesome. And some of you, maybe it's a hundred dollars. Maybe it's a thousand dollars this year that you give back. But I think the key importance is to learn about how to give back and how to. Make an impact, not just make money for money's sake, but to, to make money so that you can give and serve other people. And again, Tim's always been extremely generous in giving to me and the people around me

• 1:17:01Lewis Howes?

  that I introduced him to, so I'm so glad that he is doing what he's doing. He's doing the work he's doing, he's helping a lot of individuals, and he's making a big impact with all of his donations. So, big props to Timothy Sykes, appreciate you my man. And if you guys enjoyed this, make sure to share it with your friends, LewisHowes.com/436. Also, check out our YouTube channel if you want to watch the full video interview with Tim and all the previous interviews as well. They're all back at YouTube.com/LewisHowes. Guys, let me know what you think about this. Tweet me @TimothySykes, @LewisHowes on Instagram, Twitter, and let us know your thoughts. Would love to hear from you, and you know what time it is. It's time to go out there and do something great.