Timothy Armoo: 3 Time Founder, 8 Figure Exit - Fanbytes

Dive into the full conversation on YouTube, Spotify or Apple Podcasts!

Welcome back to The Startup Leap Newsletter—#RealTalk #RealLessons From Founders Who Took The Startup Leap 🚀

💡 This week, we’re spotlighting Timothy Armoo, a serial entrepreneur who’s been making waves since the age of 14.

As the founder of Fanbytes, he built a pioneering influencer marketing agency that helped brands connect with Gen Z, culminating in a multi-million-pound exit.

Now, through Legon Ventures, Timmy is on a mission to educate hundreds of thousands about building businesses and living life on their own terms.

Want to connect with Timothy? Find him on LinkedIn✨

In this episode, we sit down with Jas to hear:

• How a childhood bet sparked his entrepreneurial journey at just 14 (00:04:30),
  

• Why he believes passion isn’t the starting point for building a business (00:02:05),
  

• The lessons he learned from scaling and selling Fanbytes in a multi-million-pound deal (00:30:00),
  

• How leaving “meat on the bone” was key to his exit strategy (00:34:00),

….and so much more!

Key takeaways:

TL;DR:

• Start small and build confidence through early wins; even modest successes can create momentum for bigger goals.
  

• Market demand matters more than passion at the start; solve real problems, and your excitement will grow alongside the business.
  

• Build with an exit in mind; staying lean and leaving untapped growth potential makes your company attractive to buyers.

• 💡 Build Confidence with Small Wins Early (00:04:30):
  
  Timmy’s first business at 14—a tutoring company—may not have succeeded long-term, but it sparked a belief in his ability to create value.
  
  By 17, he had sold his second venture, Entrepreneur Express, for £110,000.
  
  While not a massive sum in business terms, it was life-changing for a teenager and showed him that selling businesses could be a powerful path forward.
  
  If you’re just starting, aim for quick, achievable goals that can build momentum.
  
  Early wins provide proof of concept and credibility.
  

  “Success compounds. Start small, and every milestone will give you the energy and belief to go further.”
  
  

• 🚀 You Don’t Need Passion to Start, Just a Smart Idea (00:02:05):
  
  Timmy debunks the myth that passion is essential to start a business.
  
  When he launched Fanbytes, it wasn’t a dream fuelled by a love for influencer marketing—it was about spotting an opportunity.
  
  He saw the rise of social media influencers and realised brands were struggling to engage Gen Z effectively.
  
  This gap drove him to act, focusing on solving a problem rather than chasing a passion.
  
  Over time, as Fanbytes grew, so did his excitement and commitment.

  
  “Passion is great, but it doesn’t need to be the starting point. Let market demand guide your first steps.”
  
  

• 🎯 Design Your Business with an Exit in Mind (00:30:00):
  
  From day one, Timmy built Fanbytes to sell.
  
  Instead of chasing sky-high valuations, he kept the company lean, raising only £2 million in funding.
  
  This allowed him to scale sustainably and remain attractive to potential buyers.

  
  He also made sure Fanbytes had untapped growth potential when the time came to sell.
  
  For example, the company had growing revenue from the U.S., but they hadn’t fully entered the market yet.
  
  This gave buyers a clear opportunity to scale further.

  
  “Think about what would make your business valuable to someone else. Buyers want potential, not a maxed-out company.”
  

Want to hear more? Dive into the full conversation on YouTube, Spotify or Apple Podcasts!

🎥 Get a Glimpse of the Action Below…

@thestartupleap.io

📣Because once wasn’t enough! Tim Armoo’s episode is back to remind us why he’s the genius behind Fanbytes’ eight-figure exit. His journey ... See more

🚀 What resonated most with you? Share your biggest takeaways from this episode with us on YouTube.

Let’s keep the conversation going!

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