EP. 144 - Self Made Millionaire: I Became A Multimillionaire By Not Paying Myself For 6 years! ft. Ajmal Mushtaq

OCT 28, 202471 MIN
The Savvy Wallet Podcast

EP. 144 - Self Made Millionaire: I Became A Multimillionaire By Not Paying Myself For 6 years! ft. Ajmal Mushtaq

OCT 28, 202471 MIN

Description

Joining us in the booth this week is Ajmal, founder of Pizza restaurant, Boss Pizza and former owner of award winning restaurant, Mushtaqs.


In this episode we discuss:

- How growing up in Glasgow shaped Ajmal

- How he became a multimillionaire

- The key to achieving success in whatever you do

- The system Ajmal used to improve his business

- How Mushtaqs became the biggest takeaway operation in Britain

- Why Ajmal sold his first business

- How Ajmal invests the profits of his business

- Vision for his new business Pizza Boss and much more


🔗 Connect with Ajmal:

Ajmal's TikTok: https://www.tiktok.com/@ajmalmushtaq


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TIMESTAMPS

00:00 - Preview

00:57 - Intro

01:33 - Meet Pizza Boss Founder Ajmal Mushtaq

03:47 - Tough times in Glasgow shaped me! 

09:14 - First 6 years on my business didn’t take a wage

17:53 - How Mushtaqs became the biggest takeaway operation in Britain

21:21 - I created the perfect system for my business

27:23 - Challenges I faced when I took over Mushtaqs Restaurant 

36:48 - Why I decided to sell my award winning restaurant business

39:13 - How to prepare to sell your business 

40:18 - What I did after selling my business 

41:49 - I invest in property and not stocks!

46:04 - How long it took me to make my first millions

50:16 - Good money advice that helped me become a millionaire

52:51 - 1 intangibles every business owner needs

55:22 - Mistakes I made as an entrepreneur 

58:35 - Millionaire entrepreneur advice on getting started in business

01:01:44 - Lessons learnt from Mushtaq applied to Boss Pizza

01:07:11 - Final words

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