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

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

Update: 2024-10-28
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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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Check out: https://www.youtube.com/savvywallet for the video version


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

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

Savvy Wallet