He Sold 2 Ecom Brands For $128M At 21 - How He Did It | Abdul-Qawiyy

From $42 a month to $128 million at 21. In this week’s podcast, Abdul-Qawiyy Hammed shares his incredible entrepreneurial journey, which began in Nigeria, where his parents had a combined household income of around $300 per/month.

At just 14 years old, Abdul-Qawiyy earned his first $50 online as a freelancer. This quickly escalated to around $2,500 in just a few short months, however, he was unfortunately de-platformed due to his location.

Abdul-Qawiyy didn’t give up, he explored other options and stumbled across dropshipping, excited by this opportunity, where he discovered that he could leverage products to generate money instead of his time.

Although dropshipping from Nigeria also proved difficult, due to the restricted access of payment processors, bank accounts etc. As a workaround, Abdul-Qawiyy partnered with someone he’d met in an online forum, but that didn’t end well! (more on this in the podcast).

Yet again, he found himself back at the drawing board, but no less determined he found a way to establish a US-based business from Nigeria at age 15 and began dropshipping on his own.

As time progressed, he had 2 eCommerce businesses that did incredibly well (he shares his secrets on how he scaled these businesses in the podcast), age 21 he sold both businesses for a whopping $128 million.

Now 26 and living in Dubai, he is scaling his luxury watch brand, The Phynx, and leading his education and consulting business, that generates around $5 million per month.

TheoClarkePodcast: Bi-weekly podcast with top eCommerce entrepreneurs: brands, agencies, SaaS & dropshipping, recorded in the heart of Dubai.

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