He Turned Thousands Into Millions, Timothy Sykes, TBJApodcast 172

Timothy Sykes turned his $12,415 Bar Mitzvah gift money into nearly $2million by trading stocks while in college. Today, he educates people about penny stocks and social media strategies. He shares how he grew his Instagram account to 400,000 and other social media tips.

Timothy Sykes is the CEO of Millionaire Media and profit.ly. He’s the author of the blog TimothySykes.com and the best-selling book “An American Hedge Fund.” He turned his $12,415 Bar Mitzvah gift money into nearly $2million by trading stocks while in college studying at Tulane University, before founding his hedge fund in 2003. Timothy was named to Trader Monthly’s 2006 “Top 30 under 30”.

Think Like A Journalist Quote

Formal education will make you a living; self-education will make you a fortune. –Jim Rohn, was from Jim Rohn, who was an author, motivational speaker

Success Tip

Haters and doubters are an opportunity to invite them in and change their mind about your product or service.

Career Highlight

Being with his student at the moment he became a millionaire after starting with only $1,500.

When It Didn’t Work

Hear how Timothy lost a lot of money to technology expenses. Find out what he was trying to build and what went wrong. Hear what he learned from this situation when it didn’t work.

Social Media Strategies To Grow Business

  1. Always monitor your social media engagement.
  2. Don’t just post what you like. Post what your audience is responding to and share more content like that.
  3. Mix personal content with professional content.
  4. Understand your purpose and make sure that your content supports that purpose.
  5. Let your posts convey an experience. Make your audience feel a certain way to get them to engage with you.
  6. Even if your followers aren’t going to buy your products or services, someone they know might.
  7. Everyone is connected on the Web.
  8. Reach as many people as you can via social platforms.
  9. Use your content marketing to show your expertise by giving free content that is helpful to your target audience.
  10. Don’t give up. Experiment with social media. Study the results and tweak to make it work for you.

Multimedia Resource

Laptop, MacBook Pro

Book & Publication

How To Make Money In Stocks, William J. O’Neil

Business Insider

Mentioned In This Episode

https://youtu.be/ql-Vl9N_-hY

Contact

Timothy Sykes Website

Twitter @TimothySykes

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Phoebe Chongchua
Phoebe Chongchua

I'm a Digital Creator, Brand Journalist, and Marketing Strategist. Let's boost your online presence, increase website traffic, and grow a thriving online community with a smart strategy. I can streamline your business by managing your projects, setting up systems and processes, and helping hire the best people. Check out my podcast, "The Brand Journalism Advantage," on iTunes and at ThinkLikeAJournalist.com.

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