The other
day I ran into a Quick Sprout reader Tim Grittani, who told me how he turned
$1,500 into $128,500 because of Quick Sprout.
I
immediately asked him how he did that, and he explained it was by trading
stocks. At first, I thought he was pulling my leg because I don’t blog about
the stock market.
He then
told me that he learned about Timothy Sykes and his Millionaire Challenge program
through an old blog post I wrote, which is how he turned $1,500 into $128000.
So I
decided to dig a bit deeper into his story…
The early
life
Tim was
raised in Chicago
As he was
growing up, he wanted to figure out a way to make lots of money, so he started
to learn about entrepreneurship. But due to lack of capital and knowledge, he
didn’t start a business.
Eventually,
he came to the realization that the best way to learn about entrepreneurship
was to first attend Marquette
University
The
college life
While in
college, Tim started to look for easy ways to make money. One of the avenues he
saw a huge opportunity in was gambling. He started learning about all forms of
gambling and eventually got addicted to it.
From
poker to sports betting, he did it all. At one point, he got lucky enough and
made $9,000 from a sports bet. Sadly, his luck didn’t last long, and over the
next year or so he lost all of that money because of bad bets.
It was at
this point that Tim realized that he needed to quit gambling and focus on
learning about his two passions in life: finance and entrepreneurship.
One day,
he was talking to one of his friends about creating a business, and his friend
turned him onto Quick Sprout. So, he started reading every blog post on Quick
Sprout in hopes that he could learn about entrepreneurship and potentially meet
some people through the Quick Sprout community that he could partner up with.
The
Timothy Sykes era
A bit
more than a year ago, Tim read a blog post on Quick Sprout about another
entrepreneur by the name of Timothy Sykes. Naturally, Tim clicked through to
Timothysykes.com and learned about the Millionaire Challenge program that
taught people how to buy and sell penny stocks, which are stocks that are under
1 dollar.
The
Millionaire Challenge program teaches you how to spot stocks that are about to
break out. Once you spot them, you buy those stocks, and then you sell them
before they peak… which the program also teaches you. Tim thought it would be
worth giving it a shot, so he decided to sign up for it.
Turning
$1,500 into $128,000
Tim
Grittani spent the next few months learning from Timothy Sykes how to trade
stocks. After he felt that he learned enough, he wanted to start trading, but
there was one big issue… he didn’t have enough money to open up a brokerage
account.
The
brokerage account he wanted to use required a minimum of $12,500, but he didn’t
have that much money. So he reached out to his friends and family and borrowed
the difference.
But there
was one big stipulation that his friends and family gave him…
Tim
wasn’t able to trade with the borrowed money. The money had to sit in the
account. He was only able to trade with his portion of the money, which was
$1,500 at the time.
Because
of his limited capital, he decided that he was going to focus on buying penny
stocks. He didn’t want to mess around with expensive stocks like Google or
Apple as he didn’t have enough money.
Within
the first six months of using what he learned in the Millionaire Challenge program,
he made over $40,000. At one point, he made $11,000 in 15 minutes. He bought
the stock AGRT at 40 cents and sold it at 70 cents… all within 15 minutes.
The
future
Over the
next 12 months, Tim is on track to making even more money… $250,000 in profit.
So far things are looking good, and he is already ahead of schedule. The
Millionaire Challenge program has worked out so well for him, he went to the Maldives
He also
realizes that although he is doing well, he needs to continue to improve upon
his financial education as things change over time. To improve upon his
education, he isn’t just reading what he can find online; instead, he is
focusing a large portion of his time on networking with other traders as that
is providing him with more insights than anything else.
Conclusion
There are
two main points you should learn from this story…
The first
is to take action. There are a lot of people who give advice on how you can
make money. But very few people take action because it requires a lot of work.
For
example, Tim tried Millionaire Challenge program because he found out others
were making thousands of dollars from it. But yet most people ignored it as it
isn’t quick and easy money. It requires you to be willing to put in the time
and effort.
Whether
it’s the Millionaire Challenge or advice on how to start up a blog or online
business, anything worthwhile takes time and hard work. So, don’t be afraid to
take action and work hard because if you don’t, you won’t get great results.
Secondly,
if you want something badly enough, go out there and fight for it. Don’t ever
give up! Not everything works out the way you expect, but if you keep trying,
sooner or later you will do well.
For
example, Tim didn’t succeed at first with gambling, but he eventually reached
his goals through the stock market. And I also didn’t succeed at first… I was a
million bucks in the hole before I really started to make money. It took me
four years before I started to make good money.
What
other lessons can you learn from Tim’s story?
Disclosure:
I know many of you have stated in the comments that I am getting paid for this
blog post. To set the record straight, I am NOT getting paid to write this blog
post, nor am I using any affiliate links. I have helped Tim in the past with
his marketing for free. I don’t get paid by him through gifts, money or even
stock advice. I genuinely wrote this post as Tim Grittani’s story inspired me
and I was hoping it would inspire you too.
No comments:
Post a Comment