Digital Social Hour - Future of Coral Reefs, Trading Penny Stocks & Is Global Warming Real | Tim Sykes DSH #277

Episode Date: February 11, 2024

Tim Sykes comes back on the show to talk about how his students are making millions trading penny stocks, the damage that fast fashion brands are doing to the environment and what he's currently working on. APPLY TO BE ON THE PODCAST: https://forms.gle/qXvENTeurx7Xn8Ci9 BUSINESS INQUIRIES/SPONSORS: [e-mail] SPONSORS: Opus Pro: https://www.opus.pro/?via=DSH Deposyt Payment Processing: https://www.deposyt.com/seankelly LISTEN ON: Apple Podcasts: https://podcasts.apple.com/us/podcast/digital-social-hour/id1676846015 Spotify: https://open.spotify.com/show/5Jn7LXarRlI8Hc0GtTn759 Sean Kelly Instagram: https://www.instagram.com/seanmikekelly/ Learn more about your ad choices. Visit megaphone.fm/adchoices Learn more about your ad choices. Visit podcastchoices.com/adchoices

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 in 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. It helps a lot with the algorithm. It helps us get bigger and better guests, and it helps us grow the team. Truly means a lot. Thank you guys for supporting, 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 you say that like it's a joke, but I think it might be like eight or nine. I'm not joking, man. I'm doing like 30, 40 countries a year. I love 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 based on certain seasons. 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 just nonstop. You're cranking those schools out, man. Got it. Got it. We have about, 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 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 Karmagawa, 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 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, what was 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, uh, Karmagawa 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 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 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 a hundred thousand us dollars go in a country like Bali? So, I mean, the average school is 25 to $35,000. The average home is 2,500 to $3,500. You can also just sponsor a family. Like $45 feeds a family of four or five people for one month. Think about what you spend $45 on.

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 don't have to 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, you'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 at every dollar. That's the beauty of a small charity versus some of these big ones where like, there's just so much waste. 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 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 like 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 she in just destroying the world They actually just got hit with a 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 of Scaling podcast hosted by Mark Roberge. It's brought to you by the HubSpot Podcast Network,

the audio destination for business professionals. Each week, Mark, founding CRO at HubSpot CRO and senior lecturer at Harvard Business School, interviews some of the most successful sales leaders in tech to learn the secrets, strategies, and tactics to scaling company growth. He recently had on the head successful sales leaders in tech to learn the secrets strategies and tactics to scaling company growth he recently had on the head of sales from open ai and that was a very interesting episode on the future of ai listen to the science of scaling wherever you get your podcast today 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 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 and 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 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? 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 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 is up over 30%. This year? 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 strolling 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 2000 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 i closed some of my webinars i was like what are you gonna 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 you know even have like a good footing that's when you can really you know 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 noticed from those 30 people? Um, 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 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. 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 proddigy, 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 going to be a very frustrating time. You're going to 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. But the good news is we all have time. We're living longer. Modern medicine, technology, you're able to live longer. We forget, there's no perspective. People forget in centuries past, people would only live 20, 30, 40 years. That's scary.

And now it's like 70, 80, hopefully soon 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 picturing something else because your own reality isn't that great. And this is a big problem. Going to the movies, going to 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 with movies just because of the subliminal programming in some of them, especially the newer ones. I'm like, yeah, I'm not movies. Movies, TV shows, a lot of this entertainment, video games, anything where it's designed to get you away from reality because they know that 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, 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. Are you interested in coming on the digital social hour podcast as a guest? We'll click the application link below in the description of this video. We are always looking for cool stories, cool entrepreneurs to talk to you about business and life. Click the application link below. And here's the episode guys. 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 in 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, 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 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 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. Take a year off.

You have that freedom. If you're in the rat race, it doesn't matter what you want. It 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 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 and I would like skip class. Sorry. But, um, I would go to the high school library and i would like skip class sorry but um i would go to the high school library to trade and i would like load web pages and back then 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 i've seen old school like 20 computers in a row because no one was there. I made friends with a librarian. I would load one webpage on one computer and then go to the next computer and load one webpage. And it

would take like 30 seconds to a minute to load one webpage. So I'm using like, I mean, I must've looked crazy from the outset, but I'm using like 10 computers just to load basic webpages back then. Wow. Shout out to that librarian for not snitching on you for skipping school. I made friends with him. So like we actually talk 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 $300 today. Yesterday I made about $700. 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 $1,500. 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 they make it. Right. 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 not for me anymore. You can

only make five or 10,000 a day. And now he's over 12 million. So for him, five or $10,000 is a bad day, but 99.9% of my students would love to make five 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 cause some people just invest in the S and 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 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 upside. 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, it's 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 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 a hundred to one, a thousand to one, 10,000 to one 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 a hundred dollars or a thousand dollars. 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. Everyone uses them for money. They have to have. 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 as an 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, Tyler Lopez just came on and he talked about this. He said the

best level is like a hundred to 200 K 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 a hundred 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 a lawyer, you can make a case that it sucks because you have to spend like a decade and 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, uh, you know, talk with this charity in Namibia. Um, 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. 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 dude my youtube channel is banging i don't need any money help another charity but anyways we're still 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 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. That kind of plastic is everywhere in the oceans and sea lions, seals, all the marine life is getting caught on that. 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, it's all bad, right? Like there's different levels of plastic. I don't know. You know, there's, I'm sure there's, 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. 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%, like 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, takes decades, if not hundreds of years. So it might 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 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 so much plastic. But there's so many new techniques being developed, new materials being developed. That's really the only future. We're not going to stop online shopping. People aren't going to be like, oh, let me order natural for this organic material that's 10 times the price of Shein.

People will always go for cost. But if we can educate them and if we can get more technology, for like this organic material that's like 10 times the price of like sheen yeah 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 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 $25,000 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 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.

Uh, what are you working on next? And, uh, where can people find you? Uh, just go to timothysykes.com. I talk about all my charity, all my teachings, all my travels, all my adventures. Um, it's just everything. Like I, I have so many projects, whether it's a documentary, I'm writing three books right now trying to finish them. Um, I, I have my own problems where you know i have too much going on i wish i could clone myself and in like you know that'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. 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 $40,000 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 literally just doubled the prices of these chips. It went from 20,000 to 40,000. And there's still so much demand. They're being like sold,

like literally on the street and on eBay. There's like auctions. Imagine the margin on those too. That was it. They reported record profits. And it's amazing because it's just because 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.