cover of episode From Council Estate To Selling A Global Business For Millions At 27 - Timothy Armoo Founder of Fanbytes

From Council Estate To Selling A Global Business For Millions At 27 - Timothy Armoo Founder of Fanbytes

2022/11/3
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Deep Dive with Ali Abdaal

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Ali Abdaal: 本期节目采访了Timothy Armoo,他是一位年轻有为的企业家,14岁创办第一家公司,17岁出售第二家公司,27岁以8位数的价格出售了Fanbytes公司,一家屡获殊荣的社交媒体和影响者营销机构。访谈中,他们探讨了创业的历程,以及Timothy Armoo如何在年轻时克服各种挑战,最终取得成功。节目中分享了许多关于创业的实用建议,并探讨了如何调整目标、处理挫折以及培养积极心态等方面的内容。 Timothy Armoo: 我从小在充满挑战的环境中长大,为了安全,我甚至试图与当地帮派成员交朋友。14岁时,我开始创业,源于一次与朋友打赌,想在18岁前赚到500英镑。我的第一个创业项目是利用自身优势(数学能力)进行家教,并通过连接学生和老师来扩展业务。这个项目最终失败了,因为它没有掌控整个业务流程。我的第二个公司Entrepreneur Express是一个关于创业的线上线下杂志,最终被一家美国公司收购。在Fanbytes,我专注于帮助品牌接触Z世代受众,并利用其对Z世代的了解作为竞争优势。我们公司在五年半的时间里发展到70名员工,最终被收购。 Timothy Armoo: 我认为年轻和缺乏经验有时是优势,因为我们敢于尝试,不墨守成规。在与人合作时,我总是先思考如何满足对方的需求,以此建立长期的合作关系。卖掉第二家公司后,我感觉自己找到了人生的“秘籍”,并决心继续探索。在私立学校,我意识到自己无法在学业上胜出,于是将重心转向创业。我将创业作为自己人生的主要目标,学业则放在次要位置。Fanbytes早期发展阶段,为了积累案例研究,我们故意压低利润率。我能够准确预测Fanbytes公司出售价格,是因为我了解该类型公司的估值方法,并对公司未来的发展有清晰的规划。高绩效人士通常具有行动导向的偏好,他们更注重行动而非战略规划。随着事业的成功,我的金钱观念从匮乏转变为富足。与其关注金钱本身,不如专注于技能提升,因为技能提升才能创造价值,最终带来财富。拥有稀缺且有价值的技能才能在市场上获得需求。创业的关键在于找到能够帮助他人快速赚钱的领域,并提供相应的服务。商业本身相对简单,困难在于克服心理障碍,例如害怕失败等。很多人混淆了市场价值和个人价值,认为自己不具备某种技能就无法获得成功。我认为‘我就是这样的人’这种说法是错误的,因为个人是可以改变和成长的。

Deep Dive

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Timothy Armoo's interest in business began at age 14 when he started a tutoring company after a friend bet he couldn't make 500 pounds before turning 18. He used his skills in math to tutor others and later expanded by connecting tutors with students, taking a commission.

Shownotes Transcript

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This weeks guest has an incredibly inspiring story that I feel privileged to share. Timothy Armoo is a born entrepreneur from humble beginnings who started his first business Alpha Tutoring, at the age of 14, and his second, EntrepreneurExpress, at 17 which he sold in under a year. 5 years later, Tim cofounded Fanbytes, the 5x award-winning social and influencer marketing agency which helps brands win the heart’s of GenZ. Tim recently sold Fanbytes at the age of 27 with an 8 figure exit, and needless to say, he’s also been named in the Forbes 30 Under 30 list for his achievements in Media and Marketing. In the conversation we talk about Tim’s drive for entrepreneurship and how executed on this at a ridiculously young age despite facing challenges along the way, as well as discussing a tonne of actionable advice for people interested in starting a business. Enjoy!

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📚Check out my New York Times Bestselling book Feel-Good ProductivityAmazon) Website )(00:00) Intro (02:09) Your early life (08:08) When did you become interested in business?(18:14) Hedonic adaptation and shifting the goal posts (25:45) Your first businesses: Alpha Tutoring & Entrepreneur Express (44:34) Your experience at school and determination (49:10) Setbacks and losing your dad at 21(53:30) Why we should embrace our differences (57:22) Fanbytes: what you’ve learned from starting and exiting (01:36:03) How are you spending your time these days?(01:38:41) Programming your mind to think in abundance(01:44:08) The importance for investing in skills(01:49:13) How do you deal with procrastination? (01:54:10) Book recommendations

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