logo
episode-header-image
Nov 2022
2h 5m

From Council Estate To Selling A Global ...

Ali Abdaal
About this episode

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!

🔔 Sign up to my Part-Time YouTuber Academy 👉 https://academy.aliabdaal.com/?utm_source=deep_dive&utm_medium=podcast&utm_campaign=tim_armoo_mid_roll

📚Check out my New York Times Bestselling book Feel-Good Productivity!
Amazon
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

🔗 CONNECT WITH TIM

🐦 Twitter
📸 Instagram
💻 Website
👥 Linkedin

🔗 CONNECT WITH ALI

🎥 YouTube Channel
💻 Website
📸  Instagram
🐦  Twitter
👥 Linkedin

Sponsored by Heights - go to https://www.yourheights.com and use the code Ali15 at checkout to get an extra 15% off your first quarterly subscription.


Sponsored by Shortform - go to https://www.shortform.com/deepdive to get 20% off the annual premium subscription.

Sponsored by Skillshare - go to https://www.skillshare.com/deepdive to get your 1 month FREE trial. 


Find the show notes and the transcript on the website: https://aliabdaal.com/podcast/


Leave a review

If you enjoy listening to the podcast, please do leave a 5-star review on Apple Podcasts - even one line helps! You can also Tweet @AliAbdaal with any feedback, thoughts from the lessons you've learnt from the episodes and we can thank you personally for tuning in 🙏

Want to start your own podcast? We use Transistor! https://go.aliabdaal.com/transistor


Check out the episode on the Deep Dive YouTube Channel.

See privacy policy at https://transistor.fm/privacy

Up next
Jan 2025
How I’m Scaling My Business from 7 to 8 Figures
To get free fractional shares worth up to £100, you can open an account with Trading 212 through this link - https://www.trading212.com/join/ALI . Terms apply.When investing, your capital is at risk and you may get back less than invested. Past performance doesn’t guarantee futur ... Show More
49m 27s
Dec 2024
The Science of Productivity
To get free fractional shares worth up to £100, you can open an account with Trading 212 through this link - https://www.trading212.com/join/ALI . Terms apply.When investing, your capital is at risk and you may get back less than invested. Past performance doesn’t guarantee futur ... Show More
41m 35s
Dec 2024
How to start a 7-figure business in 2025: Advice from 4 millionaires
To get free fractional shares worth up to £100, you can open an account with Trading 212 through this link - https://www.trading212.com/join/ALI. Terms apply.When investing, your capital is at risk and you may get back less than invested. Past performance doesn’t guarantee future ... Show More
38m 10s
Recommended Episodes
Nov 2021
Tom Bilyeu’s EYE OPENING Keynote on Success & Life Will Leave You SPEECHLESS
“I want you from now and forever to imagine yourself standing in a room with 1000 doors, and your job is to know better than anyone else in the company - better than anyone else on the planet - which 999 of those doors to close. That's business.”In my latest #keynote, I reveal th ... Show More
1h 20m
Jul 2022
Classic 19: Billionaire Reid Hoffman Lessons Learned
IN THIS EPISODE, YOU’LL LEARN: 01:06 - What is the secret to the success of Silicon Valley? 03:40 - How to manage a company that is growing at 2.5% – per day! 19:54 - How to use your network to find new job opportunities. 26:11 - Why financing and distribution is just as importan ... Show More
45m 26s
Nov 2022
MI Rewind: Biggest Lessons of Entrepreneurship w/ Jason Saltzman
IN THIS EPISODE, YOU’LL LEARN: 02:46 - What inspired Jason to go down the path of entrepreneurship. 07:16 - The biggest lessons Jason learned in working with over 20 start-ups over his life. 38:28 - The problems Jason is working to solve in the consumer debt space. 38:28 - Where ... Show More
47m 40s
Jul 2021
MI100: Masterclass on Building an Online Course Business w/ Jacques Hopkins
IN THIS EPISODE, YOU’LL LEARN:  5:19 - The six side-businesses that Jacques started that failed, why they failed, and how he realized that creating a piano course was the right choice for him  12:21 - Lessons Jacques learned from his failures and how he’s applying them to his bus ... Show More
1h 20m
Nov 2021
MI Rewind: Owning Your Dream through Side Hustles and Entrepreneurship w/ Neil Patel
IN THIS EPISODE, YOU’LL LEARN: 2:04 - Why Neil decided to become a digital marketing entrepreneur. 4:39 - How Neil funded his business. 6:14 - Should a new entrepreneur raise venture capital for their business? 9:05 - What it means to "own your dream" and how you can make your ow ... Show More
35m 2s
Sep 2021
MI Rewind: Behind the Scenes of Shark Tank & the Art of an Investor Pitch with Matt Higgins
IN THIS EPISODE, YOU’LL LEARN: 4:30 - How to overcome poor situations and use them as your fuel towards success 11:34 - What it’s really like to be on Shark Tank, both as a Shark and as an entrepreneur 24:43 - The most important characteristics of a great pitch to investors 26:46 ... Show More
33m 48s
Jan 2024
TIP601: Junk to Gold by Billionaire Willis Johnson
On today’s episode, Clay shares his biggest takeaways from reading billionaire Willis Johnson’s book – Junk to Gold. Willis Johnson founded Copart in 1982, and today he is worth over $2.6 billion through his equity ownership in the company. Copart is one of the most impressive bu ... Show More
1h 24m
Jan 2022
MI Rewind: How to Become A Successful Entrepreneur with Sean Castrina
IN THIS EPISODE YOU’LL LEARN: 12:50 - Can entrepreneurship be taught? 21:03 - Does an MBA help someone become a successful entrepreneur? 27:09 - How to stay motivated at your business. 35:13 - How to fund and market your business. 43:08 - The 5 Golden Rules for a Successful Start ... Show More
50m 43s
Dec 2022
MI Rewind: Long-Term Investing w/ Connor O’Brien
IN THIS EPISODE, YOU’LL LEARN: 01:53 - What it’s like working with Kevin O’Leary, aka - Mr. Wonderful. 26:02 - Connor’s thoughts on what’s to come in the market for 2022. 30:34 - The trends Connor is seeing in the FinTech space. 35:23 - What a sensible asset allocation looks like ... Show More
52m 56s
Feb 2024
MI328: Learning from Alex Hormozi w/ Tim Calise
In this week’s episode, Patrick Donley (@JPatrickDonley) sits down with Tim Calise, a serial entrepreneur and investor who has worked with Alex Hormozi and now applies what he learned to help service business owners maximize their existing business. You’ll learn how Tim raised ov ... Show More
1h 6m