Timothy Sykes

Check out the latest interviews with Timothy Sykes.

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New in 2010: Experience led me to create Investimonials.com, a community of investors & traders who have reviewed nearly 4,000 financial products like brokers, websites & commentators… come join us, discover the best and worst financial products and help make this industry more transparent.

I had a slightly different college experience: skipping classes in favor of trading penny stocks every day, I turned $12,415 in Bar Mitzvah gift money into $2 million and started a hedge fund during my senior year. I also created a scholarship for talented/passionate people open not only to current Tulane students, but also Tulane faculty and alumni…an economic bailout ahead of its time.

My hedge fund went on to become the #1 ranked short bias fund by Barclays for 3 years and I was named to Trader Monthly’s “Top 30 Under 30″ in 2006, but my trading strategy was never very scalable (meaning it’s much easier for me to make $10,000 than it is $10 million) and my fund lost 35% when I tried investing instead of trading.

Infinitely wiser but embarrassed and depressed, a TV producer asked me to make an appearance in his upcoming documentary “Wall Street Warriors”… I had lost my confidence and credibility so I said sure and ended up starring in 5 of the 6 episodes of the hit first season, which you can watch on Hulu, now having aired in 14 countries and followed by 2 more seasons (Wall Street Warriors Season 3 was filmed but as of early 2010 has not aired).

The show’s popularity inspired hundreds of daily emails from fans wanting to know more about me and my trading strategy, but as a hedge fund manager, I was not allowed to answer any of them. So I said “screw you!” to the restricted hedge fund industry, wrote openly about my experiences in my best-selling autobiography “An American Hedge Fund” and started a publishing company to create brutally honest & educational financial newsletters and instructional DVD packages.

I’ve been featured by every major business and financial media outlet, but I am infinitely prouder of having returned to my $12,415 Bar Mitzvah gift money roots, intent on repeating my feat of turning that into $1.65 million, this time detailing every step of the way on this website.

2,200 blog posts and 27 months into this challenge, my account has surged to $115,551, already providing you with a rough blueprint of how to turn $12k into $100k in 2 years and making me the #1 ranked trader out of 45,000+ on Covestor, a website which verifies trades and performance…and nearly 1/5 of the top traders are my TIMalert subscribers and PennyStocking DVD students!

Interview with Timothy Sykes

RISE Episode #32

Monetizing Your Online Community In Every Way Possible With Timothy Sykes

Misconception: You have to have a LOT of traffic to make money from your website/blog There is a big misconception in the online world about the correlation of traffic and making money from your website. For example: 1. You need LOTS (hundreds of thousands of visitors) a month to make any money from your website (either by selling a product/service, advertising, whatever). 2. People expect everything online to be free. 3. You can’t make money from blogging. Well, lets put those three misconceptions to rest in this chat with Timothy Sykes. Timothy is smart, brash and has that like-him-or-hate-him-but-you-have-to-respect-him personality (I like him) and he makes an absolute boatload of money online to the tune of 1.3 million (yes, MILLION) in 2009 even without astronomical traffic number (2,000 dedicated fans). His niche is penny stocks and investing and he recently launched a community for investors: Investimonials In this discussion (and yes, I know it is long but trust me it is worth grabbing some coffee and enjoying), Timothy talks about how he did it and provides inspiration, tips, tricks and strategies for you to do it as well. Fun Facts From The Chat: -Tim offers a big mix of products including newsletters (Tim Alerts), DVD’s, books and more. -Teaching sells and pays. Bottom line. -Don’t forget about the individual. All about one-on-one connections and relationships. -Tim recommends being in business for the long haul. Not the quick buck. -Authenticity destroys BS. Be real. Not a sketchy salesman. -Experience matters. -Listen… Read More

  
  • Smarter, Faster, Cheaper
  • Smarter, Faster, Cheaper

    Want to build up a passionate community and audience online? Skip the BS and fluff and nab a copy of my book Smarter, Faster, Cheaper.

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