Episode #15 – Exposing the Millionaire Lifestyle with Timothy Sykes

I might piss some people off with today’s episode.

That’s the point.

Today’s guest took $12,415 he had received in bar mitzvah gift money and turned it into $1.65 million before the age of 21.

He’s been called a douche-bag by the media and is considered a scam artist by the masses.

So why would I have him on the podcast?

…You gotta listen to find out!

Timothy Sykes is a lot of things: a penny-stock trader, a Web entrepreneur, a failed hedge fund manager, an educator and the most unashamedly self-promotional person in finance.

He’s one of those guys you see on social media waving fat stacks of cash, posing in front of expensive cars, and fronting a lifestyle of pure decadence.

But if you think Tim is just some rich internet asshole then you’re missing the point.

Tim is LOUD for a reason.

“I do whatever the fuck it takes to motivate people,” he says. “If your math teacher had an orange Lambo, I bet a lot more kids would be interested in learning and would push themselves at a young age.”  

Tim does what he does to drive traffic to education. Fundamentally, he’s teaching the same principles as we do at Rich20Something. There’s a lot of wisdom behind his ridiculousness.

Listen to today’s episode to learn how Tim got started in the most dangerous corner of the stock market, his stance on the changing landscape of education, and what it takes to stand out as an entrepreneur and leader of social change.

Enjoy today’s episode!!

PS — if you haven’t sub’d to my YouTube channel, can you take a quick second to do that here? I appreciate you 🙂

SHOW NOTES:

[5:45] Why you need to do whatever it takes to influence somebody in a positive direction.

[11:11] If you find what fulfills you, eventually you will make money at it.

[20:26] You have to think differently than everyone else if you want to change an industry.

[30:28] How can young people find success earlier?

[36:34] Why are we driven to impress other people before we improve ourselves?

[40:44] Focusing on your personal truth and what you believe in is much more powerful than money.

[46:35] There is always a love/hate relationship between a master and their successful student.

[53:03] A long-term strategy is important in everything, even internet marketing.

[1:04:20] Entrepreneurs have a hard time finding balance.

Daniel
@Rich20Something

Daniel is the founder and CEO of Rich20Something. A millennial business mastermind, he has successfully started three consecutive freelance businesses and scaled them to over $100K in revenue with zero startup capital. His work is regularly featured in Time Magazine, Fortune, Entrepreneur, Business Insider, Fox News, and Yahoo! Business. His debut book, Rich20Something, publishes on May 2, 2017.

  • ChrisWilliamFrye

    Enjoyed this one especially because I’ve always enjoyed Tims story and his come up!
    Keep the coming brother.
    I’m gonna need you to mentor me !
    Lol

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