Podcast: Interview With Million Dollar Stock Market Blogger Timothy Sykes
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Download the MP3 [ 42 Minutes - 19 MB]
I love stories about people making a ton of money with blogs, and here’s another one.
Timothy Sykes, as you will hear in this interview I did with him, is an excitable guy and he’s making a lot of money online (his most recent report was $100,000 a month!). His skill is stock trading, in particular short selling penny stocks.
Not only does Tim make money from stock trading, he makes even more by providing training and tips to others so they can also profit from penny stocks. His blog and email newsletter are the marketing tools he uses to sell his stock trading tips premium membership, which accounts for the biggest chunk of his monthly earnings.
This is a great case study example of Conversion Blogging (blog + email list business model), where Tim is able to leverage his passion and built-up years of experience and translate that into a huge income stream just using some fairly straight forward online communication tools.
In this interview you will hear Tim talk about how he made his first million dollars, then how he lost a big chunk of it, how his blog started and how he structured his current online business that generates six figures per month. You will also hear some strong opinions and a few segues as Tim and I take the discussion across a range of Internet related topics.
If you want to be inspired and hear exactly how someone uses a blog to make a lot of money, this is a must-listen interview. Enjoy!
Show Notes
- How Tim made his first million dollars and learned how to trade stocks
- Tim wrote a book and then started a blog to help market it
- Why scams and spam email are important to Tim
- How Tim created his “Tim Alerts” email list and segments his free and premium content
- What technology Tim uses to run his blog, newsletter and take payments
- How Tim generates traffic to his blog, including how he gets interviews on TV
- Why Tim does not like life-casting (Twitter, YouTube, etc)
- Tim talks about the importance of the money
Click Here to Download the MP3 [ 42 Minutes - 19 MB]
Become A Blogger Premium Opens Next Week - Last Call For Affiliates
Next Monday, December 1st, Gideon Shalwick and I are releasing a brand new report called “The Roadmap To Become A Blogger” or simply, The Roadmap.
This is only the second free report I’ve published and Gideon in particular has been hard at work making sure the report is something special. The Roadmap is our lead-in resource to the Become A Blogger Premium video coaching program and gives you an introduction to what you will learn if you sign-up as a member with us.
Monday 1st is also officially the start of our opening campaign for the program and hence if you want to be our affiliate for this product launch and potentially earn some nice commissions recommending the report and the coaching program, you need to sign-up as an affiliate now.
You can create your affiliate account here -
Become A Blogger Affiliate Registration
Affiliate Prizes
Gideon has been providing information for affiliates at the Affiliate Blog, including a breakdown of the top 10 prizes we are offering our top partners.
You can find a list of the prizes and more details about the opening here -
Which One Of These Prizes Do You Want To Win?
I can’t wait to tell you more about the Roadmap report and this coming Monday you will be able to download your complimentary copy.
In the meantime, if you have an audience of people interested in learning how to blog, in particular beginners who want to follow step-by-step video training, please sign up for the affiliate program and get ready for Monday.
Yaro and Gideon
How To Establish Cash Flow When Starting A New Business
If you have not done so already, please read the first part of this two part article series on business outsourcing here - When Is The Right Time To Begin Outsourcing?.
In the previous article I discussed the importance of understanding your strategy for outsourcing and how it is important that you comprehend the sequence of tasks to complete, starting with the action that serves to eliminate the immediate constraint.
Despite clarity about what and when to outsource, it all means little if you don’t have the cash to do so.
Money Required
The one major problem that faces new start-up businesses, especially small enterprises launched by solo entrepreneurs, is a lack of cash flow. This problem is broader than just your business as the need for money impacts where you live and how you live as well. How you pay the rent, pay for food and live an enjoyable life is dictated by how much money you have and if your business is intended to be your income source, until it produces cash you’re in trouble.
As a catch-22 situation, many entrepreneurs must take jobs to generate “living” money, which drastically reduces the amount of time available to work on the business. How can you turn your new start-up into an income stream if you are too busy working a job to pay the bills that you can never work on your business?
Unfortunately there is no easy answer to this question and every person faces a unique situation. I don’t have a one-solution-fits-all proposal for you, but what I can do is explain how I made money during the times when my business was not able to support me.
When Is The Right Time To Begin Outsourcing?
There was an interesting discussion in the Blog Mastermind forums that began with a question about when you should start outsourcing.
The impression this particular student had was that outsourcing is the key for success, and it is something that I emphasize over and over again inside Blog Mastermind. The problem in this case was the lack of cash flow to pay for outsourcing and whether it is worth going into debt to pay for help if it is indeed that important.
I was quick to explain that outsourcing is important and it’s worth paying a few hundred dollars to get your blog set up with a nice theme, a domain name and get a few key plug-ins installed for you if you can’t do it yourself, but beyond that you don’t really want to start using credit to pay for outsourcing.
What Do You Do When You Have No Money?
JV Partner Invitation For New Become A Blogger Premium Videos Launch
Gideon Shalwick, the creative talent behind the Becomeablogger.com free video training site, and I have been hard at work the past few months planning an upgrade to the video service.
We’re calling it Become A Blogger Premium.
I’ve been really pleased with the response to the 10 free videos Gideon and I released so far. We’ve received some wonderful feedback from people who managed to set up their first blog who otherwise, for all kinds of reasons (disability, scared of technology, etc), would never have done it. The videos have well over 50,000 views and there’s hundreds of new bloggers now because these videos enabled them to set up their first blog.
However there’s a lot more to successful blogging than the 10 videos we have provided so far teach and we want to offer more. What Gideon and I are doing are combining my strategies and techniques for successful blogging, with his ability to teach in a very clear and simple style using online video.
I can’t reveal much more about the service now, other than it will have a very low entry price so we can help as many people as possible and it will be focused on video training for beginners.
We’re Looking For JV Partners
The key dates for the opening of the premium service are during the first week of December (next month).
We’ve just opened up the affiliate program and Gideon and I would like to invite any marketers or bloggers who have an audience interested in blogging, making money online, speakers, writers or any audience who could benefit from the traffic, credibility and income that a successful blog can deliver, to join as a JV partner.
If that’s you and you want to get on board with my next launch, please sign-up here.
Become A Blogger Affiliate Program
We’re running a JV competition with top ten prizes, with a “home theater” theme. We’ve got a brand new free report for the opening called the Roadmap, which I know your audience will love (and yes, my blog readers, you will get the report too!), and there won’t be any hard sell at all for this opening.
There’s no upsells or downsells or one-time-offer shenanigans - just a great product at an affordable price.
You can get on board as a launch partner and begin preparation for the December release here -
http://www.becomeablogger.com/affiliates/
If You Like The Sound Of This - Stay Tuned
I’ll have more details about Become A Blogger Premium soon. If you want to make sure you are in the loop for all the release details, head to Becomeablogger.com and join the early notice email list for the Roadmap report. Check out the free videos too if you still need to set up your blog or if you want a taste of Gideon’s teaching style.
Thanks and welcome on board to our new JV partners!
Yaro Starak and on behalf of Gideon Shalwick.
Prepping for launch

















