EP. 143 - £11M Entrepreneur: The Truth About Building A Multi-Million Business With £100! ft. Ama Amo-Agyei

OCT 21, 2024109 MIN
The Savvy Wallet Podcast

EP. 143 - £11M Entrepreneur: The Truth About Building A Multi-Million Business With £100! ft. Ama Amo-Agyei

OCT 21, 2024109 MIN

Description

Joining us in the booth this week is Ama Amo-Agyei, founder of multi-million wellness brand, PLANTMADE.


In this episode we discuss:

- How growing up in Berkshire shaped Ama

- What motivated her to create PLANTMADE

- What it really takes to create a business that generates millions

- The importance of being grateful in all seasons of business

- Why hard work doesn’t guarantee success

- The upsides and downsides of being the face of your business

- Why true wealth comes from selling a business

- Tips to starting an e-commerce business today and much more!


🔗 Connect with Ama:

Ama's Instagram: https://www.instagram.com/amaa__official

PLANTMADE's Instagram: https://www.instagram.com/weareplantmade

PLANTMADE Tiktok: https://www.tiktok.com/@weareplantmade


➡️ Follow Savvy Wallet on:

Instagram: https://www.instagram.com/savvywallet

TikTok: https://www.tiktok.com/@savvywallet


🎥Watch on Youtube

Check out: https://www.youtube.com/savvywallet for the video version


Our partners:

⚡️Trading 212⚡️

Get a FREE fractional share worth up to £100 when you open an ISA or invest account and deposit at least £1, using my link: https://www.trading212.com/join/SAVVY


If you don't get the free share automatically after depositing £1. Use the code "SAVVY" in the promo code box. You can use this code for up to 10 days after opening the account.


When investing, your capital is at risk. Tax treatment depends on your individual circumstances and regulations which may change. Other fees may apply.


TIMESTAMP

00:00 - Preview

00:50 - Intro

01:25 - Meet PLANTMADE founder Ama

05:49 - Growing up in Berkshire 

12:16 - My first experience with business 

19:34 - My relationship with money growing up

24:43 - Losing my recruitment job 

28:25 - What inspired me to create PLANTMADE

33:11 - How I built a £11 Million e-commerce Business With a few £100s! 

38:29 - This year has been the hardest year in my business career 

45:12 - When you have a business you don’t have a stable salary! 

52:52 - What key activities helped me build the business 

57:09 - Even though my business made £11 million I didn’t celebrate! 

01:06:23 - We’ve sold over 160,000 products and this happened…

01:18:29 - This keeps me resilient 

01:21:18 - Hard work doesn’t guarantee success

01:25:11 - How entrepreneurs can communicate with their friends and family 

01:28:55 - True wealth comes from selling your business

01:35:24 - I would do these 3 things differently if I started again

01:39:48 - Good habits adopted and bad habits I got rid off

01:42:23 - If you want to start an e-commerce brand today listen to this 

01:45:04 - The vision for PlantMade 

01:46:07 - Final words

Learn more about your ad choices. Visit megaphone.fm/adchoices