31-year-old millionaire sold his first business at 17 for over $100K—he lost it all in 15 months to bad investments: ‘I got cocky, I got arrogant’

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https://fortune.com/2026/09/25/31-year-old-millionaire-sold-his-first-business-at-17-for-over-100k-he-lost-it-all-in-15-months-to-bad-investments-i-got-cocky-i-got-arrogant/

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Sep 25 • 3:10 AM EDT

The millennial lost it all, before making millions again by 27. 'Go hug your money' is Tim Armoo's advice for founders who feel empty after selling.

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