The 4 Simple Steps to Becoming a Multi-Millionaire with Timo Armoo

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  • เผยแพร่เมื่อ 1 มิ.ย. 2024
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    #53 Timo Armoo is a 27-year-old entrepreneur who sold his business, Fanbytes, for tens of millions of dollars. Following your passion is age-old advice, but Timo explains not only why it is a terrible idea but also why it’s keeping millions of people poor. Timo outlines the four stages of business growth and the steps you must take to scale.
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    Timestamps:
    00:00 - Intro
    02:04 - Why you need to change the way you think about money
    07:54 - The 3 business skills that set Timo apart
    13:11 - Something Timo wishes he would have learned at 20
    19:04 - Some crucial life lessons
    26:38 - Setting and Moving Goalposts
    31:42 - The biggest thing about side hustles
    39:27 - The challenges of delegation and employee incentives
    52:11 - The value of curiosity and seeking advice
    01:00:11 - Timo Taught Me

ความคิดเห็น • 48

  • @mikeibe
    @mikeibe 7 หลายเดือนก่อน +32

    This interview is the best one in regards to business I have seen soo far. People actually pay a lot of money for what this young man has said in this video. Amazing

  • @GamingGirlfriend_
    @GamingGirlfriend_ 7 หลายเดือนก่อน +19

    This is the best so far
    Edit: I founded my second business and failed miserably. Last week, I pulled the plug and moved on with my life, thinking startups were not for me. Then Timo said it's normal to fail seven times, as long as you learn from your mistakes and experiences. I needed to hear that. Thank you.

    • @hersheywalker6447
      @hersheywalker6447 7 หลายเดือนก่อน

      Bill Gates and Steve Jobs started the same way

  • @CaseyBurnsInvesting
    @CaseyBurnsInvesting 7 หลายเดือนก่อน +17

    This dude is a wealth of knowledge.

  • @eugenehammond6225
    @eugenehammond6225 7 หลายเดือนก่อน +7

    Erika is making a difference ❤🌎🙏

  • @junnel2608
    @junnel2608 7 หลายเดือนก่อน +5

    What a genuine guy!!! Low level language easy to consume

  • @mta6247
    @mta6247 7 หลายเดือนก่อน +10

    I absolutely loved this interview… you should definitely do more .. it’s almost like this is your calling … you’re a great interviewer… No Cap

  • @doortovalue
    @doortovalue 7 หลายเดือนก่อน +4

    Definitely my favorite show so far!! He was providing stories and examples, business tips throughout! So so good, my brain is happy!!

  • @tobyday162
    @tobyday162 7 หลายเดือนก่อน +7

    That was an amazing interview, you should write a book together, your perspectives & experience really bring out the best advice in each other. I would definitely buy it !
    The passion that both of you exhibit is truly contagious; love that you are both so down to earth too. 😊

  • @timchang650
    @timchang650 7 หลายเดือนก่อน +4

    Quite an inspiration! One of your best guests - down to earth, no hype and direct with what helped him.

  • @Altaranalt
    @Altaranalt 7 หลายเดือนก่อน +2

    What an incredible episode. Timo is very easy to listen to.

  • @delexannavaratnam9476
    @delexannavaratnam9476 7 หลายเดือนก่อน +1

    I don’t know what it is but this this interview is epic! Well articulated.

  • @torrencel.2662
    @torrencel.2662 7 หลายเดือนก่อน +4

    I really loved this one because a lot of what you guys discussed is where I am in building a small business. This one is full of nuggets! Some I know but it's still nice to get other perspectives of people who have gone where I want to eventually be in business. Great show!

  • @DareYouToBelieve
    @DareYouToBelieve 7 หลายเดือนก่อน +4

    Thank you. This was SOO INFORMATIVE.

  • @francobola9920
    @francobola9920 7 หลายเดือนก่อน +2

    I love your volume of the podcast, keep up your awesome work , mama.

  • @erics489
    @erics489 7 หลายเดือนก่อน +1

    Been having a tough week. This really helped. Thank you!

  • @carolkiara9998
    @carolkiara9998 7 หลายเดือนก่อน +2

    My first time listening!
    I loved it
    Thank you ❤

  • @birungicalorine8202
    @birungicalorine8202 7 หลายเดือนก่อน +4

    I loved it, thank you for bringing someone young. I can relate with everything

  • @katbellatrix4085
    @katbellatrix4085 7 หลายเดือนก่อน +1

    Wow. This episode was legit wow. Thank you. It’s insane how smart this man is.

  • @alankeller4562
    @alankeller4562 5 หลายเดือนก่อน

    Great interview with great questions and responses. I am a fan of both!

  • @TeamStephon
    @TeamStephon 7 หลายเดือนก่อน +2

    Really enjoyed this conversation. Everybody wants to make it to the finish line without starting the race.

  • @BarbaraBryce
    @BarbaraBryce 5 หลายเดือนก่อน

    Thank you for this enormously generous interview - so many gold nuggets in it. Love your attitude! Thank you both!

  • @CatherinesChronicles_
    @CatherinesChronicles_ 5 หลายเดือนก่อน

    Thank you for the books!

  • @CatherinesChronicles_
    @CatherinesChronicles_ 5 หลายเดือนก่อน

    Thank you! So many good points on this interview! He is so helpful!!

  • @jermaineboyd6594
    @jermaineboyd6594 7 หลายเดือนก่อน

    This is the best interview so far on your podcast,this young man is ahead of the game in business wise knowledge.

  • @dreamwalkerday3342
    @dreamwalkerday3342 3 หลายเดือนก่อน

    I have watched this podcast three times!

  • @Perspectivesbyme
    @Perspectivesbyme 7 หลายเดือนก่อน

    Very good insight in the business world.

  • @kayodeonanuga5152
    @kayodeonanuga5152 3 หลายเดือนก่อน

    Topnotch interview Timo. Thxq

  • @YanivGorali
    @YanivGorali 6 หลายเดือนก่อน

    Great interview

  • @pragmatic23
    @pragmatic23 7 หลายเดือนก่อน +1

    Great interview & insights Erika!
    (This is my 1st ever comment on a You Tube channel)

  • @GaryRabatin
    @GaryRabatin 7 หลายเดือนก่อน +1

    Can someone comment on what the four steps are please? Thanks in advance.

  • @nakiachynn3038
    @nakiachynn3038 7 หลายเดือนก่อน

    so good

  • @carolannstevens5814
    @carolannstevens5814 5 หลายเดือนก่อน

    I just got introduced to you Erika with your interview with Dave Ramsey! I love love your videos! I love how you give so much hope. I am in a decaying marriage and have been a SAHM I haven’t worked outside the house for many years. I love finances and invest currently. I want to get out and help people with finances or have my own business helping people. Where do I start?

  • @marjakullberg2545
    @marjakullberg2545 7 หลายเดือนก่อน

    Interesting!!!

  • @angelasagenda
    @angelasagenda 7 หลายเดือนก่อน +2

    I’ve never heard of Timo Armoo. His interview is a real HIT with me! He’s intelligent, educational and interesting,

  • @Gracetochange
    @Gracetochange 7 หลายเดือนก่อน

    It's starts with mindset, a person grit to face and overcome hard things. There are no simple steps. We all have different experiences that push us to do what it takes to overcome.🎉🎉🎉

  • @orangesnowflake3769
    @orangesnowflake3769 7 หลายเดือนก่อน +3

    I don't want to be a multi millionaire I just want to earn 500k

  • @boazysart6392
    @boazysart6392 5 หลายเดือนก่อน

    What were the names of the books he mentioned?

  • @MakeMoneyOnline-AI-ChatGPT
    @MakeMoneyOnline-AI-ChatGPT 7 หลายเดือนก่อน

    over and over again, the most important skill to learn is the most scariest skill to learn: is sales skill!

  • @_za38
    @_za38 7 หลายเดือนก่อน

    I like tha chick interviewing, she's my passion hence I'm following her. I'm sure she'd be happy to hear that. So how's that a scam if she's happy I hit the subscribe button. Pls don't gimme that fake love heart cuz I'm not your passion but you're mine

  • @mikenowitzki6732
    @mikenowitzki6732 7 หลายเดือนก่อน

    Great interview! But the real question is, whether upgrade to iPhone 15 pro max is worth it?🤣

  • @Anisha..Alayna
    @Anisha..Alayna 7 หลายเดือนก่อน

    ‼️‼️‼️💯🤎🤾🏽‍♀️

  • @AnnaFed015
    @AnnaFed015 7 หลายเดือนก่อน

    I've been researching investment brokers and I'm really interested in working with someone trustworthy and reliable. With the recent market downturn I'm looking for a broker who can help me turn things around and make a profit Can anyone tell me about their experiences with any investment advisor..

    • @stanleyzac1648
      @stanleyzac1648 7 หลายเดือนก่อน

      I've seen some excellent reviews online about Dustin Dwain King. While I haven't personally worked with him, the feedback from others seems overwhelmingly positive. It might be worth giving him a try based on what I've seen online.

  • @mathewwilson9776
    @mathewwilson9776 7 หลายเดือนก่อน +1

    These people are all the same. Everything they say is vague. It’s all idiotic things like writing a wikipedia post in third person, writing a letter to yourself, learning sales and marketing, keeping track of time. All to end up doing some goofy social media gig.

    • @badboypapi8621
      @badboypapi8621 4 หลายเดือนก่อน +1

      They already tell you the pattern. Its your take on how to practice what they said on the video. They will not spoon feed all the details to you.

  • @islandhopper100
    @islandhopper100 7 หลายเดือนก่อน

    POSTER CHILD FOR SAY OR DO ANYTHING FOR A DOLLAR BILL....