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Timothy Sykes

๐Ÿ‘ค Speaker
352 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

Exactly.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

That was this week too.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

No, but I...

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

I made six figures in a day and it opened my eyes up.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

What was the ticker symbol?

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

ISCO.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

They said that they were going to fix the fuzziness in cell phone reception back then.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

They said they were going to be on TV over the weekend.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

I put roughly three quarters of my net worth, which at the time was a quarter of a million dollars.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

I was so ballsy and dumb and naive, but they promoted themselves well over the weekend on TV.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

The stock spiked.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

I took $100,000 profit.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

It actually...

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

I had another day, it could have been 200,000, but I, you know, that was my biggest gain.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

And so I took my whole dorm room out to dinner and it was roughly 800 bucks because we're all college freshmen.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

We couldn't even order any liquor.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

Yeah.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

So the price was at $17 a share.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

It was actually up from $5 a share earlier that week.

SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes

So it tripled.