Strike It Big The Money Expert: From $0 to Multi-Millionaire Without Trying Hard (Timothy Armoo)
Aug 23, 2023
Timothy Armoo, a multi-millionaire entrepreneur who sold his tech business for multiple 8 figures before the age of 28, shares his journey and offers advice on acquiring skills, building a valuable network, and selling a business for tens of millions. They discuss the distinction between an entrepreneur and a businessman, the lessons learned from making and losing money, and strategies for driving customers and overcoming financial mindsets. The chapter also explores the process of buying and selling a business, the value of shared experiences, and the importance of understanding the game for success.
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Stack Skills for Success
- Acquire valuable skills that help others make money, then apply them to a scalable business model.
- Stack skills progressively by moving from low-price sales to higher ownership and tech integration.
Third Door to Richard Branson
- Timothy got backstage access to interview Richard Branson by offering to lay out chairs at the event.
- This creative approach led to a featured article that drove massive traffic to his site.
Build a Millionaire Network
- Study potential contacts for weeks to understand their problems before reaching out.
- Offer genuine, actionable help upfront to increase the chances of building meaningful connections.