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