This 29-year-old from one of London's poorest neighborhoods became a millionaire after selling his influencer marketing firm

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This 29-year-old from one of London's poorest neighborhoods became a millionaire after selling his influencer marketing firm
EntrepreneursEntrepreneurshipInternet Personality
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Timothy Armoo grew up poor on a council estate in South London. Here's how he became a millionaire before the age of 30.

Timothy Armoo is a 29-year-old millionaire who became rich by selling his influencer marketing firm for eight-figures, but the young, Black entrepreneur had to beat the odds to find success.

He taught fellow students math and as more students approached him for help with other subjects, he started connecting them with tutors he knew and took a cut of the fee. He started to realize that "money was a tool" to change his life and the fastest way to escape poverty was to start his own business.

The 29-year-old interviewed high-profile figures for Entrepreneur Express from the likes of Virgin Group co-founder Richard Branson, the face of the British TV show "The Apprentice" Alan Sugar and actor James Caan, but making the blog profitable was a challenge. Armoo would package the articles into social media posts with a hook like "10 quotes to…" and this would drive people from the post to his site.so just banner ads, but I would also then sell sponsored slots to tax firms, law firms, and accountancy firms so they could get a direct ROI "

You don't always need to invent something new as an entrepreneur, instead you can "service existing demand," Armoo advised.before ultimately raising £2 million in funding.

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