The Rich Kids of Instagram have all gotten a lot of flack in the past for showing off their luxury-filled lifestyle on the internet. But who could blame their critics? Afterall, it’s indeed hard to fully respect someone who’s living off wealth they didn’t build themselves.
However, once in a while, you’ll discover someone who really is a self-made man. Meet Tomer Sror, a 26-year-old entrepreneur from Tel Aviv, Israel who owns his own finance company that deals with currency exchange and money transfers worldwide. He’s also a stocks/forex trader who’s so successful he once made over $500,000 in a single week.
Like other RKOI, Sror has been subject to a lot of scrutiny for broadcasting his lifestyle online. Recently, we were lucky enough to catch up with him via email where he reveals his backstory on how he got his wealth and the reason behind why he shares his life on instagram.
You mention that you’re a self-made man. How did you get your start in stock trading and finance?
I’m a ”self-made” man that achieved everything by himself by working hard to get to where I am now. When I was already 18, I started working my way up and made my own money and saved enough to open my first office by the time I turned 22.
They say every boss started as a worker, and that fact is totally related to me. Waking up every day at 6:30 a.m., spending one hour in traffic to get to work, finishing at 19:00 p.m. and spending another hour in traffic to get back home — that was my daily routine six days a week for the next two years, while most of my friends and the people in my age group were spending their time either doing nothing or studying hard and hoping to get a degree.
I built a lot of connections through my work and managed to get big businessmen and clients to do business with me. During my work with currency exchange and finance, I started trading using online platforms for stock options and forex.
How did you learn to be successful in finance? Did you read books? Did you have a mentor?
I got hooked to it fast. It gives you a huge adrenaline. I didn’t have a mentor, and the only book I read was ”The Art of War” by Sun Tzu. It has nothing to do with finance or trading but it’s VERY motivating and gives you a look on everything you challenge in life.
What do you think about your fame on Instagram? Do you think people misunderstand what you’re trying to do when you post such extravagant pictures?
[pullquote]I use Instagram to inspire and motivate people in my age group and for them to see what I achieved by hard work and a lot of ambition.[/pullquote]I’m not trying to have fame at all actually. I guess people like what I post because it’s very inspiring to them, and it makes me more than happy to see people like it and try to follow it.
A lot of people misunderstand what I try to deliver through my pictures, but it’s not really what I care about. Some call me a poser, but that’s the same people that ”double tap” and like my pictures right after.
I use Instagram to inspire and motivate people in my age group and for them to see what I achieved by hard work and a lot of ambition. I like to share pictures of my life and my lifestyle and give my followers a look at what hard work gives you and the results of it.
I get messages everyday from people who give compliments and ask how I got to where I am, and I answer all of them and even offer my help when it’s related to trading and motivation. I’m very real, and maybe that’s why people look up to me and like my posts. It gives me a lot of pleasure and joy to see that I inspire people! That might be the main reason for why I feel different than the rest of the RKOI.
Like other RKOI, Tomer is not shy about sharing his life filled with luxury and attractive women online.
What’s different about you as a person compared to all the other RKOI?
[pullquote]I made over $25,000 in a single trade and about $20,000 the most in a day.[/pullquote]Most of the RKOI are just living off of their parents’ money, but my case is totally different. Showing off what you made by hard work is REAL and supposed to inspire, and my goal is not to show people ”LOOK AT ALL THE SHIT I GOT.”’
After reading what my friend Andrew Warren wrote on the interview here, I couldn’t agree more with him. It really looks like a lot of people try to seek attention by taking pictures with either girls (that look like they really got paid to take a part in the pictures) or a lot of money or daddy’s credit cards.
In my case, it’s different because I only document my lifestyle, and my girls are on such a different level and there is a good reason why I do my best to keep their privacy and not post their names. Let’s say that it’s not girls you meet on the street everyday. But there’s really no comparison whatsoever — I do my thing and I’m not telling anyone else what to do or what not to do.
The good thing about the RKOI is that I have the chance to meet people with similar interests that not only follow me and like my posts and give feedback but also inspire me too and motivate, because that’s something that you will always need even when you are on the top.
What is the most money you made in one day? What was the first thing you did when it happened?
I made over $25,000 in a single trade and about $20,000 the most in a day. Of course I got super happy, but I always think forward because, after all, it’s a part of my job, and you must be aware that you might lose even more than what you earned the day after. That’s why you gotta stay focused and not let emotion control you too much.
For anyone who wants to follow in your footsteps and get into stock trading, what’s your biggest advice for them before they start?
To be honest, I wouldn’t recommend anyone to get into trading. It’s a very risky business, and more than 90% of the traders lose everything. This is why trading is not even my main profession, and I keep my focus and time more on my own business and whenever it feels right I trade.
If you anyway decide that you want to start trading, I would advise to gain A LOT of experience before you start playing for real money. Learn the market as best as you can. Read news, data, analyses, charts, contracts, etc. And start small — don’t invest too much, and see if it even fits you to take a part in this risky world.
Being in a position now where you can buy a lot of things most people can’t, is it true that your level of happiness now is the same as when you had less money?
[pullquote]…in order to keep your happiness alive you have to work for it and stay positive and never give up on your hopes and dreams.[/pullquote]Being in a position now where you can buy a lot of things most people can’t, money buys happiness — we can’t deny that fact. Money makes things more comfortable and easier. Of course not everything, but it covers a big part of it.
I grew up a happy kid, and I’m still happy where I am now. It’s all about being positive. If you think straight and have enough motivation, I don’t see a reason why you can’t be where I am right now. I was happy before, and I’m happy now. Obviously more happy now, but in order to keep your happiness alive you have to work for it and stay positive and never give up on your hopes and dreams.
What’s the most important thing to you in life?
Health, first of all. The fact you wake up every morning is what it’s all about. The rest is just an extra.
What’s next for you? Do you have any more projects or are you just looking to continue growing your finance empire?
Opening a hedge fund was always something I wanted to do, so it’s definitely an option and something to wish for in the future. I’m very ambitious and always looking for how to level up.
Follow Tomer on Instagram.