Is getting rich the gateway to personal development and growth?
People love saying it’s ‘not about the money’ … I disagree.
Roland was motivated by creating a better life for his wife and children, and money helped him do that. (I’ve got even more BIG news about Roland … Find out how he’s honed his trading strategy in this INSANE market.)
And of course, there’s my top student Tim Grittani. Grittani started with $1,500 and just passed $12 million in profits.* He can provide for his beautiful family. And he’s not stuck in a job he hates.
My Trading Challenge students are incredible…
Making money is awesome. I can honestly say that becoming a millionaire through trading penny stocks* has made me a better person … but not in the ways you might think.
I’ve had an intense personal development journey thanks to trading … I’ve gone from an average middle-class Connecticut kid to a trading teacher. I have the influence to help students reach their full potential and create the lives of their dreams.
(*Please note: My trading results, along with those of my top students, are far from typical. Individual results will vary. Most traders lose money. My top students and I have the benefit of many years of hard work, experience, and dedication. Trading is inherently risky. Do your due diligence and never risk more than you can afford to lose.)
Table of Contents
- 1 The Key to Personal Development? Get Rich.
- 2 How Roland’s Personal Development Led to His Freedom
- 3 Personal Development: Be the Change You Want to See
- 4 What I Really Want to Teach
- 5 Are You Ready for Personal Development?
The Key to Personal Development? Get Rich.
It’s cool to make a lot of money. But what are you gonna do with it?
Well, you can buy cars. I definitely did. Doing so satisfied my childhood dreams.
You can provide for your family. Yep, I did that too … I love that I was able to buy my parents their dream home in Miami Beach.
You can build schools. I’ve done that … So far I’ve helped build over 70, and I want to build more.
View this post on Instagram
How cute are these kids who are getting excited for their new Karmagawa school that will be 100% finished in just a few days!?!? We can’t wait to return to Bali to attend the grand openings of our newest schools and libraries with @balichildrensproject which will be our 18th, 19th and 20th projects in Bali and our 68th, 69th and 70th total Karmagawa schools/libraries worldwide! Our goal is to build 1,000+ schools and libraries in underprivileged communities around the world because education is truly the key to making this a better planet for humans and animals alike and sadly it’s the younger generation that will be forced to deal with the greatest consequences due to how poorly we’ve treated our planet for far too long. But while we humans are the cause of these problems, we’re also the solution so it’s imperative that we invest in our future generations as far too many children around the world are not given the chance at a proper education…let’s continue working together to change that! #newschool #educationmatters #balichildrensproject #karmagawa
But I’ve evolved.
I worked hard for my success. And I believe in enjoying it.
If you want a better life/financial freedom, put in the time when other people aren’t willing to. You wonder why there’s not more millionaires & most people are stuck in the rate race, two words: WORK ETHIC! Everyone wants success, but too few study/work enough to make it happen!
— Timothy Sykes (@timothysykes) August 1, 2020
These days, money is all about personal development for me.
I don’t really care about buying cars anymore. It was awesome that I got to buy them. But as time went on, I started to value traveling and the laptop lifestyle even more. So I eventually sold them:
I’ve been SO fortunate to buy my dream cars, but you have to adapt & grow so here’s a video about my “next car” that will surprise most people….let’s see what you think and please share this video to help me spread my message & the message of my charity community @karmagawa too pic.twitter.com/n6C2Dcz0at
— Timothy Sykes (@timothysykes) September 23, 2019
I still care about providing for my family and building schools, but I’ve learned that there’s even more to life than that.
The more I learn about the world, the more areas I see where I can have a greater impact.
Money and Wealth Equal Power
Now, the question I constantly ask myself is this: How can I use my power to have a positive impact?
Yep, I want to influence the world.
But as Spider-Man’s guiding principle goes, “with great power comes great responsibility” … I want to use my influence for good.
Here’s something interesting I’ve realized: When you get rich, people start to listen to what you have to say and take you seriously.
It’s like when people accept an Oscar and give a political speech or something. If they were a nobody, people would just say they’re crazy. But since they’re famous and rich, people listen.
In spite of my Oscar-worthy performance on shows like “Wall Street Warriors,” I’ve found the gateway to influence in a different way — namely, through getting rich.
A lot of you already know the basics of my story. I’m from a small, boring town in Connecticut, and I started trading with $12,415 of bar mitzvah money. My parents figured it was my money to lose, my mistake to make — but I ended up becoming a millionaire.*
That’s led to a pretty insane life experience. If you haven’t read my book, “An American Hedge Fund,” you can learn about all the ups and downs. From making my first million* in college to my disenchantment with the hedge fund world to finding myself as a trading teacher and getting back to my roots.
My road to success has been long and winding, but it’s given me a lot of perspective.
It’s given me a sense of responsibility. I’ve watched the same thing happen for my top students too, like Roland.
How Roland’s Personal Development Led to His Freedom
When Roland started trading, he had no idea what was possible. He had no clue that he’d make a living from trading stocks, let alone hit $1 million in profits.*
He started investing in cheap stocks in 2016 because that’s what he could afford. In months, he was hooked. That’s when he discovered he wanted more, and he became one of my students.
And it wasn’t easy for Roland. He and his wife had a growing family. They both worked long hours. And even in the best circumstances, trading is hard. Especially in the early days of learning … small gains and bigger losses … the struggle to get it all to click together.
It’s a true moment of personal development for the traders who make it.
Roland knew he had to survive. His family’s well-being depended on it. They were living paycheck to paycheck, rarely seeing each other. And they were stressed out and financially strapped.
So he knew that to make trading work, he had to take it seriously. He started to treat his trading with respect, like a business. What started as a means to make a little cash on the side has now become his means to make a living and provide for his family.*
The best part is that he’s often finished by noon with a killer trading strategy. Plenty of free time to be a dad and husband. And hitting the million-dollar mark is just the start of what Roland’s up to this year. Check out what he’s doing now … this is epic!
I’m so proud of Roland and what he’s accomplished. It also reminds me of the influence I have, and my responsibility to keep…
Using My Influence for Good
It’s CRAZY what social media can achieve, especially when you have a ton of followers.
For example, here’s one amazing victory in the name of animal welfare:
View this post on Instagram
Repost from @karmagawa We are SO happy to announce that Nagaland, India has banned the selling of dogs and dogmeat as a result of our social media campaign a few days ago! We asked everyone to help spread awareness and save these poor dogs and the @karmagawa and @savethereef communities came through with over 250,000 likes, 100,000+ shares and most importantly over 1.25 million emails sent Temjen Toy, the Chief Secretary of Nagaland who announced the amazing news on Twitter earlier today! Please share this incredible victory for animals with your followers to show that social media activism does work, and it can work MUCH faster than anyone realizes…and we’re only just getting started! To celebrate the freedom for the dogs of Nagaland, along with the July 4th holiday here in the US, check out the link in our bio to save up to 50% off on all @karmagawa and @savethereef charity merch during our special Independence Day Sale and remember, our apparel is limited edition so grab some while you can while supplies last. ALL the proceeds from our charity merch get donated to the now 50+ charities we support to build more schools, medical centers & animal rescue centers while also supporting the children in Yemen, the fight to end racism and save Australian wildlife, our planet’s coral reefs, marine life and endangered species too! There’s a lot of work to be done, but as this victory in Nagaland demonstrates, WE CAN ACCOMPLISH GREAT THINGS WHEN WE WORK TOGETHER! Thank you to everyone for all your support, we truly appreciate it…please share this great news with your followers and tag people, celebrities, influencers and news media who need to this, let’s keep changing the world together! #socialactivism #savethedogs #teamwork #spreadingawareness #savethereef #karmagawa
The Karmagawa and Save the Reef communities came together to spread awareness to prevent the sale of dog meat in Nagaland, India. And our combined efforts got 250,000 likes, 100,000+ shares. Most importantly, people sent over 1.25 million emails to Temjen Toy, the Chief Secretary of Nagaland.
Later, when he announced the ban on this terrible practice, he said that social media outpouring had a huge impact on the decision.
That’s how I want to use my influence and my social media reach: to spread the word, to donate, and to generate awareness.
Helping Others Get Ahead
Times are tough right now for everyone. But there are parts of the world — for instance, Yemen — where the situation is dire.
NEW NY POST ARTICLE ABOUT MY CHARITY'S $1 MILLION DONATION TO YEMEN! https://t.co/lbnDFWy13g Please share on $FB $TWTR everywhere, let's inspire more traders to give back to people in need too! GREAT work @karmagawa community, we did this TOGETHER! #teamwork #charity #helpyemen
— Timothy Sykes (@timothysykes) August 3, 2020
Think about the positive impact that this will have for so many people in need.
But I’m not stopping there … I already have another fundraiser in the works to aid the people of Lebanon following a devastating explosion that killed many people and injured thousands.
I’m also proud to support my students who are trying to make a better life for themselves and their families, like my two Uyghur students…
About the Uyghurs
In case you’re not familiar, Uyghurs (also known as Uighurs, Uygurs, or Uigurs) are a minority ethnic group in northwest China.
Unfortunately, this group is experiencing awful oppression. A million Uyghurs are living in concentration camp-like conditions. It’s truly terrible.
It’s my honor too have not one but two Uyghur students.
The fact that they’re taking the time to learn how the stock market works and to do good for themselves and gain more power is amazing.
I’m inspired by them and honored to be a part of their journey.
We Need to Do Better
Another thing I want to do with my social media reach and the influence I’ve gained? Inspire others to do better.
I don’t see many traders talking about personal development, world issues, or donating millions to charitable causes.
So I’m proud to be the change I want to see in the world.
And I’m proud to show off what I’m donating and the causes I believe in. It’s an opportunity to put the spotlight on the charities that are doing good work.
I’m proud to inspire my students to have this kind of freedom, too.
Personal Development: Be the Change You Want to See
Some people might say, “Tim, you’re just a trader. Why can’t you just be quiet and stick to penny stocks?”
Because the wealth I’ve amassed through trading penny stocks gives me the power to help and do good, and I want to do as much as I can.
What good could you do in the world, what kind of impact could you have, if you had financial freedom?
I don’t have to worry about paying a mortgage or where I’ll find the money to pay my next credit card bill. I have the resources to reach a lot of people when I speak up.
Freedom, to me, means living the life I want to live … but also acting as an advocate for others who might not be in the same position as me.
I don’t do it just to make waves. Sometimes you have to crack a few eggs to make an omelet … some people might not like me speaking up, but I believe it’s my responsibility.
This is crucial. If we don’t all do our part to make the world a better place, eventually there will be no world to enjoy.
What I Really Want to Teach
If you’re going to learn to trade from a teacher or mentor, it shouldn’t just be about hot stock picks.
I think a great mentor should teach you life lessons, rules, a mindset, and perspective. They should contribute to your personal development.
Stocks are the small picture. I’m talking about the big picture … why I do it. I hope that prompts you to question why you do it.
Why do you want to become rich? What happens after you get the cars, the home of your dreams?
It matters. I wish someone had taught me this early on — about giving back, speaking up about atrocities, knowing what really matters.
I can’t change the past, but I can be the teacher I never had.
Are You Ready for Personal Development?
Want to join me? Consider applying for my Trading Challenge. I don’t accept just anyone. I want students who get it, who are willing to work hard, study the past, apply themselves, and motivated to improve their lives.
You’ve gotta have the right mindset about trading. My top students don’t go for home runs … they’re SMART about taking profits, not getting greedy, and letting small gains add up over time.
Remember to take profits into strength today/this/week/always, we have a truly amazing market right now with tons of opportunities, but it's not a profit until you take it so please lock in profits along the way & do not hold & hope like too many traders do when the momo fades!
— Timothy Sykes (@timothysykes) August 3, 2020
Maybe they’ll continue to learn from me and also do good for the world.
Don’t be so scared of failure that you don’t do anything. At least try and fail. That’s better than not trying at all.
Are you ready to invest in your personal development? How do you feel about looking at the big picture? Leave a comment if you get why it matters!