Future of Coral Reefs, Trading Penny Stocks & Is Global Warming Real | Tim Sykes DSH #277
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Transcript
Like the craziest thing about my millionaire students, none of them are math geniuses, none of them are that intelligent.
I'm not a math genius, I'm not that intelligent.
But using the tools, using our brains and education, it's amazing to see what you can do.
How much can I learn so that eventually, how much can I earn?
Yeah,
wherever you guys are watching this show, I would truly appreciate it if you follow or subscribe.
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And here's the episode, ladies and gentlemen he is back tim sykes how's it going hey man thanks for having me on again good you've probably been to like seven countries since we last had you i think i think you say that like like it's a joke but i think it might be like eight or nine i'm not joking i'm doing like 30 40 countries a year i love you know trading traveling with my charity for food for fun with friends with family whatever how do you decide which countries to go to
That's tough.
There's a whole list, like,
you know, based on certain seasons.
Like, I always try to go to Japan for cherry blossom season which is march and april but then we have new schools opening up all the time so i'll be in bali we have two new schools opening in december so it's it's just non-stop you're cranking those schools out man got it got it we have about um we have 116 schools now but it's about 30 000 kids who are getting education every day which i'm very proud of that's amazing i feel like schools opening them up here it's it's not that impressive but overseas it really changes some lives people don't appreciate education here they don't understand you know what it's like not to have it so there it's a luxury here like it's like oh, skip school, you don't learn anything.
Like, let's go smoke behind the bleachers, you know.
So, it's totally different.
And this is why we're also filming a documentary in Bali for Carmagala, like, where it's, we've been filming for two years now, showing what it's like not to have the things that we have here.
Like, it's all perspective.
There's a lot of depressed people, a lot of like
use from people in first world countries.
They're so depressed about their lives, they don't have perspective of what it's like in the third world country.
So, we need to bring that over here.
And I think it's going to open a lot of people's eyes.
Interesting.
Have you seen depression in other countries?
Yes, depression and also just hard living.
Like depression is a luxury, right?
Like, oh, woe is me.
This is such a tough life.
And I'm not trying to knock mental health like it's a big thing.
But like there, it's just the hard living.
Like you don't have time to talk about your feelings.
You don't have anything.
Like you're trying to just put food on the table.
Literally, you're starving.
Or like literally, there's no houses.
Like we just started building some new Carmigawa homes for families in need where literally during the rainy season, their homes would get washed away because they're not well built.
They're like pieces of plastic plastic that they get from the river and they construct it.
During the rainy season, it might just disappear in the middle of the night.
So, we met a lot of fathers where previously they didn't have a secure home.
They can't sleep at night because they're worried during rainy season, they might be flooded.
That's crazy.
Yeah, I saw that video, man.
That was made me tear up.
That old grandma that you built a home for, that was super.
Yeah, so now we have 14 homes built.
The goal is to build a thousand homes.
So, it's just starting with education, homes, whatever we can do to help people.
So, how far does 100,000 US dollars go in a country like Bali?
So, I mean, the average school is $25,000 to $35,000.
The The average home is $2,500 to $3,500.
You can also just, you know, sponsor a family.
Like, $45 feeds a family of four or five people for one month.
Damn.
Think about what you spend $45 on.
Like, if you're in New York or LA, that's like one entree at a restaurant for one night versus a family for a month.
So it's just perspective.
And this is why, you know, you don't have to like donate big.
Even small donations go a long way in third world countries.
I really like your charity because you actually allocate the funds towards causes.
You're not taking a huge percent like other charities we take no percent i pay all the charity fees myself uh personally just as like you know my accountant's angry at me he's like we're not doing this efficiently at all i'm like i don't care you know this is a luxury for me to be able to give back and share it online all the donations go straight to the projects and we look at every dollar um that's the beauty of a small charity versus some of these big ones where like there's just so much waste i i know you mentioned red cross that one time and i couldn't believe what was it 92 yeah and it's i mean it's sad because there's also other countries like they were selling tents to people in need and it should just be given.
You just can't control like big money and, you know, it's not just charity, it's governments too.
There's so much excess.
We didn't even talk about like what's being made in the world.
Like, do you know three out of five pieces of clothing aren't even worn?
They go into landfills.
They go into the environment.
Not worn at all?
Not worn at all.
So you're 60% of clothing made isn't worn and it's just like being sold real quick.
Then you have fast fashion.
You have like, you know, Shein just destroying the world.
They actually just got hit with the RICO Act a few days ago.
Yeah, which is like.
you were mentioning them months ago it's a big thing like fast fashion you don't realize okay it doesn't cost a lot in terms of money and so everyone's like oh this is such a good deal but it's costing us everything in terms of the planet in terms of the environment in terms of wildlife so it's just different kinds Shout out to the science scaling podcast hosted by Mark Roberge.
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Just different kinds of costs, and most consumers aren't aware.
So that's why we have to talk about this.
Exactly.
You're a big believer in preserving the environment.
Are you a believer in this global warming trend?
I mean, I see cases for both.
I don't think we're going to fix it anytime soon.
Unfortunately, you know, like we can make promises.
A lot of countries have made promises.
They don't fulfill it.
Like, I really think that new technology is the key.
You know, clean energy, like, it's amazing what solar is doing, what wind is doing, but we're so far from that.
So it's a question of like, are we destroying ourselves?
too fast versus is technology improving fast enough.
I think we have a better shot at improving technology in education, making it widespread.
I think that's going to really have an impact because technology gains can be so huge.
Like AI is just beginning.
I'm so excited to to see what AI can do in terms of medicine, in terms of, you know, the world and in terms of finance too.
Like we're just starting with my own teaching for the stock market.
Like we're getting into AI.
It's amazing the data and just the analysis that us humans, we fall behind because we're not robots, we're not machines, and it's crazy.
So I think AI is probably our best chance at fixing the world.
That's cool to see you embrace it because other stock traders are scared of AI.
I mean, you can be scared, but like, what are you going to do?
Like, I see there's a debate.
Are you for it or against?
It's happening whether you like it or not.
Like, it's like a debate.
I feel like when like talkies came out in Hollywood and silent movie stars were like, we're, we're protesting against these talkies, silent movies forever.
And then they just got wiped away.
Or like, you know, horse and buggies.
And like, you can have like a horse and buggy.
And when cars get introduced, be like, no, we don't like these electric monsters.
We're sticking with a horse and buggy.
You're wiped out.
Like, we're going to keep evolving with technology.
So you either go with it or you get left behind.
It's your choice.
How has the stock market been during this?
They're not admitting it's a recession, but it's definitely like a bad market, right?
Pretty crazy, actually.
Like the stock market is up quite nicely this year.
Like the NASDAQ's up over 30%.
Like
this year, a lot of people don't realize it because it's technology.
It's only a few companies, right?
So it's like the magnificent seven, you have like Amazon, Microsoft, Intel, Nvidia.
Like these seven stocks are driving everything because that's where all the money is going.
That's where all the gains are going.
That's where efficiency is going.
Like I said, like, you know, you can try to ignore it, but in a few years, Amazon warehouses are going to be all AI, all robots, all the humans are going to get replaced.
Tesla, all these, you know, new companies like Tesla and Amazon and Uber, it's going to be all automated.
That's where the efficiency is.
That's where the cost savings are.
So why wouldn't they do that?
Yeah, agreed.
I already saw they start, Amazon started laying off people.
It's going to happen even more.
So again, you as an individual have the choice.
Are you going to have like a manual labor job where you're probably going to get replaced because it's replaceable?
Or are you going to study?
Every single person watching this has extra time in their day to study.
And I'm not saying you have to become a stock trader, but study everything, like use YouTube.
We've never before had so much information in the palm of our hands, but you do have to actually use it.
You do have to actually learn instead of scrolling through like cat videos, you get to choose, right?
So social media can be bad if you're just like looking at like fashion trends and who can have the most plastic surgery and like look the fakest, right?
Like with all these apps and you're like, wait a minute, there's no shadow going on there.
Like the girls actually think that like they're fooling anybody, but you can also use social media.
You can also use the internet to really change your life.
I have a lot of students who are studying all my videos.
I have 2,000 videos on my YouTube channel.
They're all free.
You have no excuse whatsoever, but you do have to put in the time.
Absolutely.
And you've coached thousands, if not tens of thousands of students on stock trading, right?
100%.
Now over 30 plus millionaires.
I just had my conference in Vegas a few days ago.
It was actually pretty amazing.
Over a dozen of my millionaire students spoke and they're just learning and they're just, you know, enjoying life.
That's incredible to be able to turn someone, just a normal person into a millionaire.
That's incredible.
But it's through a lot of hard work.
It doesn't happen overnight.
You know, they were also all fortunate from the 2020, 2021 boom.
So you got to be accurate.
But I always say it's a marathon, not a sprint.
All of my new millionaire students started in a slow market in 2016, 2017, 2018, but then they were ready for the boom.
So I always say, like, people, like, when is the next boom coming?
I'm like, I hope it's like 2027, 28, 28, 2029.
The longer away it is, the more time you have to prepare so that you can capitalize.
I closed some of my webinars.
I was like, what are you going to do to be prepared in 2027?
And people are like, how jet lagged are you?
Like it's 2023.
I'm like, no, you're not understanding.
You need like three or four years of constant study.
The sooner you become a master or even have like a good footing, that's when you can really outperform.
90% of traders lose.
It's not like everyone's becoming a millionaire.
I'm not Oprah handing out, you get a car, you get a car, you get a car.
I just say, you get a lesson, you get a lesson, you get a lesson.
Then what are you going to do with those lessons?
What are some commonalities you notice from those 30 people?
They all really understood that it's the process first instead of profit.
Most of my millionaire students made nothing their first year.
So like if you sign up for my program and you're spending thousands of dollars and then like some of my top students, like Jack Kellogg, he's turned, you know, just like $10,000 into now $12 million.
But after year one, he's down like 10 grand and he's studying every day.
And you're thinking like, oh, you paid Tim Sykes, you know, thousands of dollars for mentorship.
You're down 10 grand.
This is a scam.
But while you're losing small and, you know, $10,000, you could start with smaller amounts.
But while you're learning learning small and losing small, you're learning and you're optimizing.
So year two, year three, year four, you have to learn how to lose small.
You have to learn what not to do.
You know, people don't want to do that, but like you have to break a few eggs to make an omelet, right?
Like you can't just make an omelet and it's like perfect, especially in the beginning.
And this applies to stock trading or any subject.
You have to be willing to be okay with making mistakes and being frustrated in the beginning.
It only gets easier over time.
But Jack stuck with it.
Other students stuck with it.
And it's amazing to see what you can do if you really fine-tune your process over two, three, four years.
The gains are infinite years later, but many people have a hard time getting over the hump.
If you're losing, if you're frustrated, after three months, you're like, no, I suck, I lose.
This isn't for me.
But you give up too early.
So there's more gains in the long run, but it's harder to get over the initial hump.
Right.
I love the ability to trade because you could do it anywhere in the world.
And look at your lifestyle.
Welcome to why I travel.
This is the laptop lifestyle, the smartphone lifestyle.
We'll see what the Apple Vision Pro lifestyle is like.
You know, I'm excited.
The future is going to keep getting better.
And as Starlink improves and we get more internet access everywhere, I was saying at my conference the other day, I was like, I remember dial-up modems.
You weren't even alive.
I wasn't.
I've heard of it, though.
Dial-up modems.
I'm on like my 32K, 64K modem.
Like,
and I'm like trying to sign into like Prodigy, CompuServe, AOL.
This was 20 plus years ago.
I've been trading for 25 years.
It's crazy.
Nuts.
Not a lot of people make it that long, man.
A lot of my millionaire students are like 23, 24.
I can't even say like you were in the diaper.
Like you were in the womb or like pre-womb.
Like your mom and dad hadn't even met yet when I started trading Yeah, but I think people watching this just developing a skill that you can work anywhere in the world.
That is so incredible if you harness technology This is the most exciting time in the history of the world if you don't harness it It's gonna be a very frustrating time you're gonna get more and more frustrated as technology moves further and further away from you know your unskilled lifestyle or you know your manual labor lifestyle absolutely but the good news is we all have time we're living longer modern medicine technology you're able to live longer like we forget, like there's no perspective.
People forget like in centuries past, people would only live 20, 30, 40 years.
That's scary.
And now it's like 70, 80, hopefully soon, like even more as more technologies come out.
And so now you have more time and you really need to maximize your time.
Like with Netflix, right?
It only costs what, $15, $20 a month.
So the cost is low.
But what does it cost you in terms of your life watching movies, watching fantasy shows, like something, like picturing something else?
Cause your own reality isn't that great.
And this is a big problem.
go into the movies go into netflix like all these things take away your precious time from learning from harnessing the ability to become a master over time and then building your own dream life like i watch movies every now and then i like it i'm entertained but i'm not trying to get away from my reality because my reality is amazing yeah dude i'm super picky these days movies just because of the subliminal programming and some of them especially the newer ones i'm like yeah i'm not movies tv shows a lot of this entertainment you know video games anything where it's designed to get you away from reality because they know that, I mean, 70% of people who have a job under the age of 30 hate their jobs and you're spending 70% of your life at your job.
So you have the majority of the people depressed or angry all the time, can't wait for the weekend to get away from the reality, go to the club, you know, go to the bars, just not think about what's going on in their life, and you're missing out on so much opportunity.
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Like the craziest thing about my millionaire students, none of them are math geniuses.
None of them are that intelligent.
I'm not a math genius.
I'm not that intelligent.
But using the tools, using our brains and education, it's amazing to see what you can do.
Like if you look into like just studies about the brain, we only use a small percentage of our brain.
But if you can activate it and you really, you know, fall in love with education and learning, it becomes an addiction.
And it's not just about the money.
All my millionaire students, students they wanted to be wealthy but they fell in love with education in the process and then it becomes a challenge it's like how much can i learn how much can i learn so that eventually how much can i earn yeah i think the hunger for learning and always being on top of things is is in a lot of successful people and always improving right like even my millionaire students they might have made one two three four million dollars but they keep going like that's not enough to retire on and then i have two students now eight figures 10 million plus and they keep learning like it you can pull back like the cool thing is once you have enough money you can pull back.
You can take a week off.
You take a month off.
You take a year off.
You have that freedom.
If you're in the rat race, it doesn't matter what you want, doesn't matter what you hate.
You have to go into work, especially like manual labor.
What if you're sick?
What if you're injured?
There's no days off.
You're working injured.
You're working sick because you need to like put food on the table.
These hourly paying jobs are so bad for people because it doesn't matter how hard you work.
I get people message me.
I have two, three, four jobs.
I'm working, you know, so many hours in the day.
You don't have enough hours to make enough money to ever get out.
So you're just like a rat on like this wheel spinning on the same wheel and you can't get off.
That's why it's called the rat race.
Yeah.
And these days with inflation, you need, you need over a million to retire.
I would say even more than that.
Like it's, you need to really try to be comfortable.
Like I'm proudest, yes, with my charity, we've now donated over $9 million, but I'm also very proud of like retiring my parents, moving them down from Connecticut to Miami.
Didn't just buy them one place or two places.
I bought three places, combined it, big renovation, and they're living, you know, like the royalty that they are.
And, you know, they sacrificed so much for me when I was growing up.
They didn't have much.
I didn't have much growing up.
And so that motivation of like trying to make a better life for your loved ones.
I mean, that's beautiful.
That's beautiful.
Did your parents teach you about stocks when you were young?
No, no one knew.
I'm totally self-taught.
I literally use the internet.
Like I'm, I'm a walking, talking example of what's possible.
But back then, like I said, we had dial-up internet.
Like I used to go to like the high school library in order to like skip class, sorry, but I would go to the high school library to trade and I would like load web pages.
And back then, web web pages were so slow.
So like, I don't know if you remember this, but maybe I guess they still have it in libraries.
They have like rows of computers.
They used to do this.
I probably not anymore, but like
old school, like 20 computers in a row because no one was there.
I made friends with a librarian.
I would load one web page on one computer, then go to the next computer and load one web page.
And it would take like 30 seconds to a minute to load one web page.
So I'm using like, I mean, it must have looked crazy from the outset, but I'm using like 10 computers just to load basic web pages back then.
Wow.
Shout out to the librarian for not snitching on you you for skipping school.
I made friends with him.
So like we actually talked stocks and he was so against trading.
He was, you know, I'm penny stocks.
I'm day trading.
I'm like all the most evil things.
And he was like, just invest in Johnson and Johnson.
Johnson and Johnson has done decently, but not as much as I've done.
I think people with small accounts, you really should learn to maximize your small account.
Most people with small accounts look at it as a disadvantage, like, oh, I can't wait to trade with a big account.
But when you have a small account, like I say, it's like trading like a sniper.
You can go in and out, make a few hundred dollars.
Like this morning, even when i'm filming in studios i made about three hundred dollars today yesterday i made about seven hundred dollars the day before i lost 500 but like small gains really add up i've made over seven and a half million dollars in trading profits my average trading profit is just fifteen hundred dollars compound effect compound effect and really just looking at opportunities there's a lot of small opportunities big traders big hedge funds can't take it because they're you know it doesn't move the needle if if they make it like they have too much money jack keller one of my top students like i'm talking about you know my otc strategy online and he's like no that strategy is is not for me anymore.
You can only make five or 10,000 a day.
And now he's over 12 million.
So for him, $5,000 or $10,000 is a bad day.
But 99.9% of my students would love to make $5,000 or $10,000.
So it's perspective.
And there's a lot of low-hanging fruit if you, you know, are okay with, quote, small money.
Yeah.
So you're a bit more risky.
You, because some people just invest into S ⁇ P every year, right?
Eight to 10% per year, which is fine if you have a million dollars or $5 million.
But if you have $2,000, you're making $150 a year.
It's not going to do anything.
And then you have inflation.
And And so like, it's just not worth it if you have a small account.
And I'm not just saying gamble recklessly, but if you have a small account, study a lot and then try to partake in some speculative strategies based on what you think is happening.
And there's a lot of upsides.
So I still say trade scared.
Like I trade penny stocks.
I'm a day trader.
So it's like risky stuff.
But I say trade scared so that trading isn't so scary.
Rule number one is cut losses quickly.
I have so many one, two, three percent losses over the course of my career.
If a stock is not doing what I want, I just get out.
But my gains are bigger than my losses.
We're trading volatile stocks, so the account grows.
Yeah, you stay disciplined.
That's where people mess up, when the emotions get involved.
All discipline.
People don't want to take losses.
People don't want to seem like wrong.
And then they double up, triple up, quadruple up, and then it's a very slippery slope.
So I'm teaching degenerates discipline.
It's like coming to Vegas and trying to tell people, don't play the slot machines.
The odds suck.
And the whole town is built on that.
I think they just made 1.3 billion last month.
It was something crazy.
Because again, people with small amounts of money, they're looking for these like long shots, right?
So they like trying to win the lotto and stuff like that.
But I wish that they understood that if you study, you don't need to go for the 100 to 1, 1,000 to 1, 10,000 to 1 things to get rich.
Like if you actually learn different strategies, and it's not just my strategy, but like there's so many different niches growing and you can do amazing things with small amounts.
But people don't want to study for hours for a chance to potentially make $100 or $1,000.
They want to only think about millions, right?
Like the, you know, the social network, the movie is like, it's not cool to make a million.
It's cool to make a billion.
No, it's cooler to make a million because guess what?
I know a few billionaires.
They're unhappy.
Right.
Everyone uses them for money.
They have to have security.
Like, it's a whole different world.
They're in like prisons.
I gave a TED Talk about this, Why I'll Never Be a Billionaire.
It's probably the least viewed TED Talk ever because I was like going against everything.
I had like a cool graphic of like this guy with all this fancy stuff and he had like a ball and chain on his ankle.
The wealth was actually his prison.
So I only have a few million dollars in the bank, but I'm proud to donate more than I actually have in the bank.
No, I mean, Tylobus just came on and he talked about this.
He said the best level is like 100 to 200K a month.
I agree.
You really don't need as much as you think you do to be happy.
And you don't really understand how many opportunities there are.
I'm not saying every job, every opportunity is going to make you 100 or 200,000 a month, but the world is growing so fast and you can literally do anything.
You don't have to be like, you know, my parents wanted me to be a doctor or a lawyer when I was growing up because that's like theoretically where the money is.
You don't have to be a doctor or a lawyer.
In fact, actually being a doctor or lawyer, you can make a case that it sucks because you have to spend like a decade in six figures in student loan debt and stuff like that.
The world has opened up.
Online strategies are amazing.
And you do have to be careful because there's a lot of scams out there.
I wouldn't trust my money with anybody else, but this is why I teach, you know, like if you get that self-sufficiency, that's what I'm so proud of with my millionaire students.
They don't like ask me for stock tips.
They don't ask for anything because they've learned the process through thousands of trades.
There's a lot of adaptations to become a millionaire in the stock market.
But through those adaptations, you don't just make money eventually.
You also get self-sufficiency and self-confidence, which is the best.
Yeah.
Now, I know you're big on the environment.
You're on the front lines, cleaning rivers, saving endangered animals.
What have you seen causing the most damage to environments?
Online shopping, online shopping in fast fashion.
We don't realize it because it's so easy.
Again, you just click an order, $50, $100, everything looks like such a low cost.
But again, that low dollar cost or low, whatever currency you're using is, you know, it costs more elsewhere, like with the environment, with wildlife.
We, uh, you know, talk with this charity in Namibia and he saves these sea lions and like they're trapped in plastic.
And he has all these videos.
Um, amazing guy, Namib Nod is his Instagram name.
And we're talking, and I still haven't been to Namibia.
So, is that in Africa?
Yeah, yeah.
So, we want to support him, but I haven't been there.
He's actually so cool.
Like, he's like, I was like, oh, let's plan a trip.
We can like film it.
We can raise a lot of money.
He's like, dude, my YouTube channel is banging.
I don't need any money.
Help another charity.
But, anyways, we're still talking talking because it's amazing what he does.
But there's so much plastic in the oceans.
And he's like, what do you think the most plastic is?
What do you think?
I'll ask you.
Where do you think it is?
Is it water bottles?
No.
So it's actually like, if you ever order anything online, sometimes the box comes and it's with this plastic that you can't rip.
It's so hard.
Like, you know, it's like really.
indestructible plastic.
Like you try to rip it and you're like, come on, but you can't.
You have to cut it.
What are you talking about?
That kind of plastic is everywhere in the oceans.
And sea lions, seals, all the marine life is getting caught on that.
Wow.
So it's online shopping.
And again, like Jeff Bezos, okay, amazing that he just donated $10 billion to the environment, but he's causing hundreds of billions, if not trillions, of damage.
But he uses the blue tape.
Isn't that different?
But it's all bad, right?
Like there's different levels of plastic.
I don't know, you know,
I'm sure there's technical names for this stuff.
But animals get trapped in it.
I mean, animals get trapped in like plastic bags.
All this online shopping, because it's boomed, especially during like, you know, the pandemic and everything, everything, it's just everywhere.
And it's in the oceans, it's on land.
Like Bali is amazing, but there's still so much plastic.
Bali, Indonesia, Philippines, China, I mean, even Canada, Japan is actually the number one producer of plastic.
People don't realize that.
But Japan does actually a good job organizing it.
They're very strict with their recycling.
Most recycling is crap.
Like less than 9% of plastic is recycled.
And even when it's 9%, there's so many different little parts that just aren't.
So it's like really comes down to like 1% of plastic is being recycled.
So where does the rest go?
Just in the oceans?
Oceans, land, animals.
And the worst thing is it never disappears.
It takes decades, if not hundreds of years.
So it might go one animal one year, another animal like six months later, and the animals keep trying to ingest it or they get caught in it.
So, I mean, there's a study that says like we've like basically half of the wildlife in the past few decades.
That's terrible.
And online shopping's not going away.
So what do you think the fix is?
Technology.
This is what I'm saying, right?
Like, and there's great charities too.
Like, the ocean cleanup does a great job.
They have, they've raised hundreds of millions of dollars to really clean up like so much plastic.
But there are so many new techniques being developed new materials being developed.
That's really the only future.
We're not going to stop online shopping.
You know, people aren't going to be like, oh, let me order natural for like this organic material that's like 10 times the price of like Shein.
People will always go for cost.
But if we can educate them and if we can get more technology, I wish everybody watching this would just watch YouTube videos on how to create new materials.
I think if everyone focused for like two years, we could probably come up with some new material that's so much better than plastic.
That'd be cool.
I i was upset that 3d printers went away because i saw a lot of potential in those so we tried a 3d printed school in madagascar and it's just endless problems like we actually our average school is like 25 to 35 000 we donated 180 000 for this one 3d printed school because it was a new technology you know the more you use it the cost should come down
but in in a third world country like the printer got damaged on the way we had to send it back it couldn't get fixed right away and by the time everything it it was literally nearly two hundred thousand dollars which is just tough yeah it's not efficient because it's so bulky i guess bulky and you know but some technologies are going to happen and some won't you still got to try it right like it i don't regret it you know you got to try new stuff because again we're destroying the world at such a fast rate we're destroying wildlife at such a fast rate we have to try everything just like with education like you know i used to have all these cars and people would criticize me like oh why you got to post like a lambo on your videos and i'm like but the lambo is what motivates people to study i'll try anything now i don't have any cars because frankly i travel too much and it just doesn't excite me, but I know what that means.
Like you need that motivation.
I think social media is great for visual motivation.
If you get inspired by, you know, nice watches, if you get inspired by cars, if you get inspired by charity, whatever it is, whatever pushes you, because it's really that motivation that people need.
There's so many non-motivated people out there with potential, but they just need to be pushed.
For sure.
Yeah, it's been great, man.
What are you working on next?
And where can people find you?
Just go to TimothySykes.com.
I talk about all my charity, all my teachings, all my travels, all my adventures.
It's just everything.
Like, I have so many projects, whether it's a documentary, I'm writing three books right now, trying to finish them.
I have my own problems where, you know, I have too much going on.
I wish I could clone myself and like, you know, it's coming.
Ah, the early clones are going to be messed up, man.
It's going to be like a bad sci-fi movie.
I don't want to deal with that.
It's also been banned by the UN.
So I think only like China's working on clones and they're going to be like all like, it's not good.
Like I'll wait for that.
But it's not even cloning.
Like it's, I need to do more.
I need to be more organized.
I can teach others, but I myself am imperfect.
So I need to do a better job at finishing a lot of the stuff that I take on.
But it's also a lot of work.
And I get interested like in helping a country, helping a charity, trying to teach, like trying to take advantage of like the stock market.
Like you said, like you didn't even know the NASDAQ was up 30% this year.
No idea.
Because the overall market isn't up that much, but there's a hot niche with AI.
Like Nvidia is now a trillion-dollar company, one of the biggest companies in the world they have an uh an ai chip it's basically forty thousand dollars and everybody wants these chips what does it do it's just that's how you program ai you need their chips they have basically a monopoly there's other some competitors but they have such a huge lead and they're they literally just doubled the prices of these chips and went from twenty thousand to forty thousand and there's still so much demand they're being like sold like literally on the street and on ebay there's like a margin on those two
that was it they they reported record profits and it's amazing because it's just because their their profits went up because their margins went up But there's so much demand We're living in a fast world I wish I could like come through the screen and like just like smack people and just be like study more you can do more There's also toxic people negative people in your life.
You got to weed them out.
You know, you got to stay positive.
You got to believe in yourself.
And I've seen some amazing things from people who didn't necessarily have the motivation or they didn't have the confidence in the beginning.
But then once you study and you start realizing how smart you are and how capable you are, it's amazing to see the change.
And I want that for more people.
Thanks for coming on, man.
Powerful message.
And I can't wait to see what you're up to.
Yeah, thanks again.
Absolutely.
Thanks for watching, guys.
See you next time.