The Money Expert: From $0 to Multi-Millionaire Without Trying Hard (Timothy Armoo)
Today we speak with Timothy Armoo who sold his tech business FanBytes for multiple 8 figures before the age of 28, and uncover how you can do the same!
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TIME STAMPS:
00:00 Intro
01:04 What Makes An Entrepreneur
05:12 Growing Up In Ghana
07:25 Moving From Ghana To The UK
09:34 I Started My First Business At 14
13:35 Building A Valuable Skill Stack
17:43 'The 3rd Door To Meeting Richard Branson'
20:15 How To Build A Millionaire Network
23:15 How To Get Ahead Of 99% Of People
24:38 I Started A Multi-Million Dollar Business
30:34 How I Lost $40,000 Spread Betting
32:58 Taking $1,000,000 Out In Cash
34:35 I Sold My Business For Tens Of Millions Of Dollars
36:38 Learn On Someone Else's Dime
38:02 'I've Never Said This Before, But...'
40:27 'Money Doesn't Make You Happy... That's CAP'
43:58 Wealth Preservation VS Wealth Creation
49:42 This Is How You Start A Multi Million Dollar Business
59:16 EXACTLY How I Sold My Business For Tens Of Millions
1:10:56 Are You Worried That You've Peaked?
1:14:49 Building A Personal Brand
1:18:50 Working With Nike, Samsung & The Government
1:21:59 You Need A Shocking Moment To Get Rich, Here's Ours
1:29:56 Do Entrepreneurs Think They're Better Than Everyone?
1:33:32 When Is Enough, Enough?
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GET IN TOUCH:
For business inquires only, please use this email: mark@marktilbury.com
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Пікірлер: 267
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Impressive. Tim speaks with the business maturity and personal clarity of someone who has been in business for 40 years. Veey humble and a breath of fresh air from fake entrepreneurs.
@user-uk4vu4vs8x
8 ай бұрын
Of course. Regular persons have Life to manage by the side of business But this guy his life is business No kind of balance at first impression
@ProductivityEnjoyer
7 ай бұрын
@@user-uk4vu4vs8x He has a partner, he's in good shape, has money, is investing into experiences and doing what makes him happy. He's just winning.
Building wealth is a fun game to play, mindset and determination is the key to win. So enjoy playing!!
This man is so generous with sharing what he’s learnt. I’m learning so much.
Timo is the real deal and a total legend. This was brilliant.
African Kids are very smart. It is a shame that black people in general are looked down on and yet in most industries they excel very fast.
@sandycheeks1580
8 ай бұрын
🎉😂Who’s looking down on them? How exactly do they try to justify looking down on Africans?
@goldenduck854
8 ай бұрын
Seems you look down on them. Just look at history, Africa and Asia is where the most important inventions happened to develop the society we have today
@ChefJace
8 ай бұрын
🤣🤣🤣🤣
@flippermx0123
8 ай бұрын
Oh yes they are so superior
@priincxsh9938
8 ай бұрын
It is only the white man who looks down on people, history literally will show that, same as todays age with muslims, one way or another the white liberal man will always have his way somehow
Great podcast. I like the genuine mutual respect between Tim and Mark; showing that an older person can learn if they allow for humility of wisdom and a younger person can do so by tempering the fire of youth.
This podcast episode is very informative and well-presented, enjoyable, clear and concise manner. Thank you!
This is the first time I have come across this podcast and Timothy. I am not normally someone who comments but I have to make a post to say what a brilliant podcast this was. I am highly impressed and inspired. After watching this podcast instead of going after a big idea, I am simply going to go for my first £500. Thanks for such brilliant content and for the algorithm bringing me here.
Excellent quality production and content. Well done to everyone involved!
I found him so transparent and humble - lovely guy!! ❤
This was a really amazing interview! What an inspiration!
Great listen, Timothy clearly knows his stuff!
One of the best podcast and content I have listened to ❤
They can , we can too !! never give up ! 💪💪💪💪
Can’t believe this is my first time coming across Timothy. I’m inspired! New sub.
Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.
@SophiaBint-wj8wn
7 ай бұрын
Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.
@alicebenard5713
7 ай бұрын
I subscribed for a few trading courses but it didn't help much, been getting suggestions to use a proper financial advisor, how did you go about touching base with your adviser
@brittanynicolette9473
7 ай бұрын
Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $485k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.
@blessingpaul5484
7 ай бұрын
I’ve actually been looking into advisors lately, the news I’ve been seeing in the market hasn’t been so encouraging. who’s the person guiding you?
@KatherineAnderson-lm8bw
7 ай бұрын
Wow, that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.
Thanks for sharing. Amazing! congratulations
I loveeed this interview So much learnt. Thanks for adding value to my life Sir Tim and the team😊
Enjoying the topic and guests cause I can relate. Well done.
SUPER PROUD OF HIM!!!
9:00 it’s about the vehicle that you work in 27:50 hallmarks of a good problem to startup 35:00 other failed businesses 43:19 new normal of wealth 50:50 inflection point was when Tinoco identified the real job his customers were trying to do 53:30 the moment to fire someone is the moment you think about it 54:40 help businesses repeatedly and recurringly make more money 57:50 having tech helped them get a revenue multiple than a profit multiple 58:40 optimize your business to be sellable, spend 10% of your mental energy 1:16:00 build personal brand to accelerate your business 1:20:00 inbound marketing 1:21:00 reaching your customers on social media 1:30:20 why superiority complex can be self fulfilling if you’re deliberate and aware 1:32:00 reading books is a business superpower
@JessicaHicks
8 ай бұрын
Ty!
@ichbinjon
6 ай бұрын
@@EDS432 You're interfering with somebody else's reply to somebody else's comment, asking them "why?" - maybe the question is "why" are you bothered / interested if their interaction has nothing to do with you? Also, it's valuable to those who want time stamps of key points within the video - so you're also incorrect, making your involvement even more unnecessary.
@ShinjiTimC
6 ай бұрын
@@ichbinjon You did good making them look stupid but not great. Use less words next time but job well done.
@ichbinjon
6 ай бұрын
@@ShinjiTimC thank you sir, I'll try better next time
This guy is legit... not like the other click bait videos with ppl trying to scam u to buy lessons from them
So happy I found this talk❤ I sent it to my kids and husband 😊 so much knowledge here. Thank you!
@joanneitq2494
8 ай бұрын
I am about to do the same 🎯
Awesome interview. Love it 🔥
This is Everything! God Bless You for sharing! 🔥❤❤❤🔥
OMG.. I got sooo much value from this. Thank you.. also loved the part about people trying to rush to success.. @1:08:00 ‘the end goal is retirement..’ like we need to enjoy the journey. That’s the best part of life. Amazing content.. such an inspirational young successful man / men 👏🏽
Absolutely love this advice
Well done lads, absolutely loved this episode
Wow, great episode. So many nuggets in one show. You just got a new subscriber.👋👍
Learned a lot from this young man.
Great podcast. Today is my "FUCK IT, I'VE HAD ENOUGH" moment. Thanks guys, really needed this.
@Strikeitbig
8 ай бұрын
Wishing you all the best bro!
@mindblownwhattheydidntteachyou
8 ай бұрын
What did it inspire you to do bro?
So many gems in this interview.
Love the old chap on the channel. Lots of good wisdom and good laughs from him haha. Much love ❤️
That's it, going back to Ghana was his turning point.
Pure Quality! Subd
Got here by chance, enjoyed a lot, noted several snippets, thanks a lot!! Godspeed from Russia!
Yes! More of this. The new set up and green lighting is 🔥🔥🔥
Thank You Brother ❤
So much insight from a great mind.
You are very inspiring thank you for sharing
That was a great conversation of intelligent men. Greetings from Switzerland
loved this!
7 mins in, and i've never heard anything like it. who is this man? cant wait to listen.
Great interview
This was brilliant. I am so glad I came across your channel
(only important thing they said, you're welcome) Build a company first, then build a personal brand. Build your company first, then talk about the stuff youve actually done
I am inspired. Thanks a bunch
Sick video yall
Awesome podcast ❤
Great podcast, Timo is very impressive
correction : iman gadzhi didnt do influencer marketing. He made his money doing a Social Media Marketing Agency.
10/10 guest! 💯❤️🔥
Really enjoyed that.... inspired me
This is very interesting. Im thinking how to get out of the hole im in. This all makes sense but i need to figure out how to transition as im not a great communicator...but this is a great watch
Sales, marketing,position, copywriting
This is a very smart man!
This was a great video! Could you all also drop a link to the book recommendations?
Tax man is loving this!🤯
Love the set looks pretty bad ass.
@Strikeitbig
8 ай бұрын
Thanks mate! I hope you find the podcast valuable - Kye 👊
"Side hustle" = second job
This is a great podcast
@36:38 Is the answer I've been looking for, for a loooonnggg time!!
Education in Africa is at a high standard.
18, Damn this guy has intuition.
Wow they are giving this knowledge out for free! BIG inspiration!
Great stuff
this is great.
Great vid
yooooo strike it big
We are proud of you ❤🇬🇭 🇬🇭 🇬🇭
Wow! First time coming across this podcast and I'm super-blessed to be seeing this. GREAT ONE by Timothy, the hosts and co-hosts. Like... AWESOME!
Easy. Just become better than your competitions while they take breaks you work on mastering those skills 24/7 easy
Found this really interesting, thanks for sharing guys. Some good golden nuggets!
that was quite an introduction
what a podcast
That question you guys asked him at 20:56 is a great one to which he already began to answer if he didn't realize... when ppl reach out saying they'll do anything and work for free I think is a good start to filtering out who's really serious. The example he gave, he was specific about laying out the chairs for a backstage pass. Offering something specific for something else specific in return is a good way to filter out the serious candidates.
Smart guy
The Truth is Stranger than fiction .......
Guys, I love your Podcast… One little suggestion or constructive remark would be to put a little more into introduction of the guess and a conclusion. Maybe as table dressing and recap of what he/she served. I often think to myself when I start or finish a podcast : Oups did I touch something, oh no all good it just start/finish right like that!!? Anyways, nice contents and guess list !
YES
"yea. yea. yea. BOOMA😂" that was funny for no reason
Wow lots of free game here
is more about "taking money" than "making money"
Dude is a billionaire x4 times in Kenya.🇰🇪
@iffysd9864
8 ай бұрын
And his homeland ghana
This is not a fire drill, this the real thing 😂 33:48
Absolutely stunning - all 4 souls. I'm launching my podcast and affiliate marketing business next week. Just do it everyone.
@kwame_amissah
8 ай бұрын
Which app or software r u going to use to stream the podcast
@mashudali8482
8 ай бұрын
@@kwame_amissah hey! I'm going to use Buzzsprout to launch on the major ones. Are you podcasting?
At this point, only actual bank statements or stock portfolios are actual evidence of success.
"56 years what i was reading in the womb" 🤣
he has got 5 million by the way, I know because my girlfriend works at the bank that this guys money went to...the one in which he withdrew 1 million pounds...she had to help get the cash to count...after tax that leaves him with about 3 million..i expect his company sold for tens of millions possibly in the teens or twentys ...but that must have been divided into quite a few guys or founders.
@ScissorN
8 ай бұрын
Your gf is not supposed to disclose such especially with a bf that has such a loud mouth
@user-uu8br2en7s
8 ай бұрын
@@ScissorNHe Just snitched on his Gf 😂😂
It will be intesteing to see how things look after the international break. Liverpool have had a much tougher start than City. If they can pick up 4-6 points in their next two fixtures away to spurs and Brighton, it would be excellent start and set up nicely considering that wound be away games to Chelsea, newcastle, spurs and Brighton and throw in tricky fixtures against West ham and villa. Let's not forget they've got the body of a side that has one everything mixed with an upgraded (from a creative aspect) midfield that is young and dynamic. Let's not forget they lost two titles by a point due lack of attacking depth which they have now solved. I tottaly agree their the only other team alongside City that can go on a run and win 12+games in a row.
I know retention is important on youtube but this video felt like it was 30 seconds long
Just another lucky dude who got in at the right time. Realised he can’t repeat the success and is now selling courses. It’s all waffle
@Strikeitbig
8 ай бұрын
This is exactly the mindset that stops you building wealth, you make your own luck.
@Triniteeluvingurl
8 ай бұрын
It doesn't sound like you listened at all. He literally talked about how being successful Is a process. You fail over and over so you build the ability and knowledge to be/stay successful. Its intentional, not luck
@stephenhawkingsfootballboo6603
8 ай бұрын
@@Strikeitbig if I win £100m on the euro millions next week can I come on the podcast and educate the viewers on how I ‘manifested’ this big win and sell some courses? Or will you tell me it was just luck?
@nieczerwony
6 ай бұрын
@@stephenhawkingsfootballboo6603Well I think lipca 98% lottery winners are going bankrupt in like 2-3 years. You didn't put any effort to build anything to earn these money. He was lucky with timing but he actually had to put effort and build something.
@jasonbaxter5502
5 ай бұрын
I think he's right. Got in at the right time.
My brother come down it just your time
STOP WITH THE CLICKBAIT TITLE. IT'S A GREAT TOPIC. NO NEED TO LIE ABOUT THE TOPIC.
Love his honesty & his energy
35:00 a lot of other projects flopped
Great video! I really do have a question. For someone with less than $10,000 to invest, how would you recommend we enter the crypto market? I am looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What’s your take on this approach?
Yoooooo
FILMM!!!!!