#105 Tim Sykes on How Transparency Wins the Day In Finance and In Life
Tom Bilyeu's Impact Theory
01/15/19
•39m
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This week’s guest on Impact Theory is Timothy Sykes: a penny stock trader who turned $12,000 of Bar Mitzvah money into $4.8 million and became a millionaire before graduating college. He’s also the author of American Hedge Fund (https://amzn.to/2VHRtUj). In this episode, he talks about his rules for success in investing, why education is so important and why he’s grateful for all of his losses. Impact Theory is proudly sponsored by: Skillshare. Start learning on Skillshare today at skillshare.com/impact ButcherBox. Use the discount code: "TOM" at butcherbox.com to get 20$ off and FREE BACON Audible. Try Audible Free here: audible.com/impact SHOW NOTES: Why Tim Sykes is so hardcore about education (he learned all he knows through the internet) [2:47] How he traded up with $12,000 of bar mitzvah money and became a millionaire before graduating college. [4:11] Why people are going to fail in trading - he was wiped out at first because he “didn’t know the rules of the game.” [6:31] How to learn the rules of the game [8:04] As he says, “The key to making millions is making small profits over and over again.” [9:19] The difference between the people who win vs. the people who don’t and why all his students are from the midwest (it’s boring) [10:49] Why you should study the Egyptians if you want to create an empire. [11:33] What personality has to do with success and the key patterns he uses. [14:31] Why he thinks it would suck to have a billion dollars (but a few million is okay) [16:37] His tips for travel and having an amazing transformation [20:45] Something that would surprise people about being rich [21:16] Why now is the most unique time in history and most people are wasting it [23:18] How he got through the big losses in his career and used this strategy to get back to where he was. [27:30] Why he’s grateful for all his losses and says that without them he wouldn’t be a complete person. [30:36] QUOTE: “The internet is the most amazing tool we’ve had in centuries probably since the printing press like 500 years ago.” [20:02]
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Is Your Partner Toxic? | Relationship Theory
January 11, 2019
•43m
In this week’s episode of Relationship Theory, Tom and Lisa discuss the relationship red flag you may be missing. This episode is sponsored by Winc! Go to trywinc.com/relationshiptheory for $20 off your purchase! Watch Wim Hof on Impact Theory: https://youtu.be/TM6WKeZ43s4 Watch David Goggins on Impact Theory: https://youtu.be/78I9dTB9vqM Watch David Goggins Part 2 on Impact Theory: https://youtu.be/dIM7E8e9JKY?t=211 Subscribe to Women of Impact podcast here: https://apple.co/2oT9GPQ FOLLOW TOM BILYEU INSTAGRAM: http://bit.ly/2j7vqX8 FACEBOOK: http://bit.ly/2hPStWo TWITTER: http://bit.ly/2iyjY5P FOLLOW LISA BILYEU INSTAGRAM: http://bit.ly/2tMtCUX FACEBOOK: http://bit.ly/2rTysON DOWNLOAD the Relationship Revelations Questionnaire: http://bit.ly/2GJp33N DOWNLOAD the 25 Bullet Impact Theory Belief System: http://bit.ly/2ubknRe SHOP: http://bit.ly/2rtRN8T FACEBOOK GROUP: http://bit.ly/2rg1AjM TOM BILYEU READING LIST: http://bit.ly/2rZdpO9
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How To Be More Decisive | Tom Bilyeu AMA
January 16, 2019
•44m
Tom Bilyeu answers questions from the community. If you want your question answered, email us at ama@impacttheory.com This episode of AMA is brought to you by Skillshare. Enjoy 2 months of Skillshare at www.skillshare.com/impact SHOWNOTES: Why you need to start making decisions (and *decide* to value decisiveness) [1:05] What to do when you’re getting pressure to change your career from your significant other [6:01] Why you really want to be looking at improving your skill set [8:14] What to do if you feel jealous when your friends start achieving success [10:45] How to deal with anxiety over sexuality and your relationship with other people. [14:05] Why you should actively spend less time with people who are judgmental [20:03] How to “let go” and overcome feelings of overwhelm. Remember, the whole point of life is to enjoy it. [23:52] How to experiment with meditation [28:30] What happens when you use an overwatch mechanism in your mind? [28:59] How to find balance between making things happen in your career and resting [31:59] Why Tom spends 80% of his time going HAM and 20% making sure he’s rested [33:45] Why some people don’t share more with others and how to become someone who shares. [34:55] PEOPLE MENTIONED Jay Shetty https://bit.ly/2oiam18 [11:45] BOOKS MENTIONED Love Yourself Like Your Life Depends On It by Kamal Ravikant https://amzn.to/2SWLYQ5 [14:57]
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