Cultivating an Abundance Mindset

Timo Armoo is a post-exit prodigy, who sold his first business at the age of 17, then aced an 8-figure exit at 27. He’s a Forbes 30 Under 30 honoree, Huffington Post’s Entrepreneur of The Year, and one of The Times' most influential media figures. Beyond TV and book deals, he’s a magnetic speaker and the incredible friend who pushed me to launch this podcast. Timo’s here to inspire us with his no-nonsense wisdom on post-exit success in life and business.

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TIME STAMPS: 00:00:00: Intro 00:01:12: Background 00:01:20: Starting the First Business, Fanbyte 00:02:01: Fanbyte's Growth and Success 00:03:15: The Rise of Influencer Marketing and Formation of Fanbyte 00:03:51: Motivation Behind Starting Fanbyte 00:04:33: Reflection on Entrepreneurial Journey 00:06:09: After Selling the Business 00:10:07: Reflection on Selling the Business and Significance 00:12:23: Post-Business Activities 00:17:00: Planning for the Future and Next Business Adventure 00:19:36: Motivation for Next Business 00:21:16: Reflection on Success and Luck 00:22:49: School days and meeting intelligent peers 00:23:43: Starting Entrepreneur Express 00:24:19: Significance driving ambitions 00:24:42: Thoughts on future business ventures 00:25:08: Partnership dynamics at Fanbite 00:28:02: Zones of genius 00:30:22: Different mindsets of business founders 00:30:41: Post-exit emotional stages 00:33:12: Money meaning: ownership of time and optionality 00:36:35: Abundance mindset and its impacts 00:38:24: Changing relationships post-exit 00:39:26: Money's role in shaping social circles 00:41:45: Intentionally creating a circle with like-minded individuals 00:43:03: Deciding the type of conversations and people to be around 00:44:24: Managing money and portfolio strategy 00:45:39: Mental struggle of adjusting to wealth 00:51:11: Reconsidering the motivations for angel investing 00:57:03: Power of manifesting and visualizing your goals 01:03:06: The importance of serving others and spirituality 01:06:27: Motivation and community building 01:08:00: Life, Fitness and Health 01:08:47: Regrets, Challenges and Aims 01:13:33: Building a personal brand 01:18:00: Choosing the right Platform 01:19:19: Non-obvious ways to monetize a personal brand 01:20:41: Legacy and Remembrance