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The Times of India
The Times of India
World
TOI World Desk

Tim Armoo turned a £110,000 loss into an eight-figure business sale

At 17, Tim Armoo had already experienced something many aspiring entrepreneurs spend years working towards. His first publishing business had attracted a buyer, bringing him £110,000 while he was still a teenager in south London. The money gave him an early taste of financial freedom, but it did not last. Within little more than a year, poor investment decisions had wiped out the proceeds. Armoo would eventually build another company, an influencer marketing agency that reached major brands and was sold for an eight-figure sum when he was 27. Between those two exits, however, he had to confront what his first success had taught him about money, risk and his own judgement.

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