SaaS Interviews with CEOs, Startups, Founders
EP 445: $20M in 2015 Infoproduct Revenue With "Degenerate" Customers with Timothy Sykes
12 Oct 2016
Chapter 1: What is the main topic discussed in this episode?
This is The Top, where I interview entrepreneurs who are number one or number two in their industry in terms of revenue or customer base.
Chapter 2: How did Timothy Sykes start trading penny stocks?
You'll learn how much revenue they're making, what their marketing funnel looks like, and how many customers they have. I'm now at $20,000 per top. Five and six million. He is hell-bent on global domination. We just broke our 100,000-unit soul mark.
Chapter 3: What is a short squeeze and how does it work?
And I'm your host, Nathan Latka. Okay, Top Tribe, this week's winner of the 100 bucks is Rhett Gillins. He's in the restaurant industry and he feels stuck.
Chapter 4: What strategies does Timothy use for short selling?
He wants to start his own software business. So congratulations, Rhett, for your guys' chance to win 100 bucks every Monday morning.
Chapter 5: How did Timothy transition from trading to teaching?
Simply subscribe to the podcast on iTunes now in order to enter and then text the word Nathan to 33444 to prove that you subscribed.
Chapter 6: What was Timothy's revenue in 2015 from infoproducts?
Folks, many of you heard I made a big league acquisition of a business.
Chapter 7: How does Timothy leverage criticism to grow his business?
NathanLacka.com forward slash send later is the name of the business. And I didn't want to give up equity to a developer because I'm a business guy. So what I did is I used a website to find a guy named He Sheming. I paid He over $12,000 to help me build send later. And the site that I am using now is called Topdol at NathanLacka.com forward slash T-O-P-T-A-L.
I will build send later into a big business and I will take it
Chapter 8: What challenges does Timothy face with his customer base?
public by the time I turn 30. I'll tell you more later on in the episode. Nathan Latke here. This is episode 445. Coming up tomorrow morning, you're going to hear from Ben Weta. He did 200 grand in branded placement deals and tells you how to monetize your creative brain. Top Tribe, what is going on? Nathan Lackey here. Our guest this morning is none other than Timothy Sykes.
His ego is so big he doesn't need a bio. Tim, are you ready to take us to the top? Sure. Is it Tim or Timothy?
Whatever.
Either one. Look, I have to say, I am a wartime CEO. I love conflict. And my model fails badly unless people constantly attack me. How do you make sure people keep attacking you because you're in a very scammy space?
Yeah. I mean, I trade penny stocks, so people naturally attack me. I call out a lot of scams. I'm very harsh with my criticism. I remind everybody that most small companies fail. Most people in finance fail. Most traders fail. So I'm always poking at statistics and history, and no one really likes that because the main TV commercial in my industry is a talking baby promoted by E-traders.
And I say, if that talking baby was actually a trader, he would get massacred. It would be an ugly, ugly site. And that would be the reality of my industry.
So, okay, let's go guys. We'll get into that more in a second. You get a sense of what kind of Tim's all about from that, those comments. Let's talk business for a second though. What year, first off, how old are you now? I am 35. Okay. What year did you get in? 35. What year did you get into this?
I was 17 years old. I got started young.
Okay. So 17. And what was the first, I mean, what was the business when you first started?
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