We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
cover of episode Ep 346 How this Service Business Sold for 3X Revenue - Timothy Armoo

Ep 346 How this Service Business Sold for 3X Revenue - Timothy Armoo

2022/7/15
logo of podcast Built to Sell Radio

Built to Sell Radio

Shownotes Transcript

Ten years ago, Timo Armoo was on a flight from his home country of Ghana on his way to live in a council flat in one of the U.K.'s poorest neighborhoods.

Motivated to live a better life, Armoo started Fanbytes, an influencer marketing agency dedicated to connecting brands with social media influencers.

The company took off.

Fanbytes reached 65 employees and hit revenues of 8-figures when he decided to sell the company to Brainlabs for around 3X revenue.