Abdul-Qawiyy Hammed: From ₦2,000 Capital to $100M Brand - The Systematic Path to Generational Wealth
In this episode of The Wisdom Of... Show, host Simon Bowen speaks with Abdul-Qawiyy Hammed, founder and CEO of The Phnyx Watches, whose extraordinary entrepreneurial journey began at age 11 with ₦2,000 in capital. From generating over $1 million in a single day at 19, to selling two companies for $128 million by 21, to building a luxury watch brand with 565,000 customers on the waitlist, Abdul-Qawiyy reveals how systematic thinking and exit-focused business building creates true generational wealth. Discover why betting on yourself isn't just motivational advice - it's a strategic framework for building businesses that generate investment capital, not just revenue.
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Episode Breakdown
00:00 Introduction and the mindset that drives systematic wealth creation
07:42 The ₦2,000 story: building paid-in-advance models at age 11
15:28 From $1M day to $128M exit: the psychology of building to sell
23:15 ThePhnyxWatches and turning personal pain into brand positioning
31:46 The Capital Multiplication System: coaching 50 entrepreneurs to $250M exits
39:33 Generational wealth vs individual success: thinking beyond your business
47:29 Phoenix principle: resilience as competitive advantage
54:18 Speed of execution and the third-world entrepreneur advantage
61:05 Personal philosophy and the power of betting on yourself
About Abdul-Qawiyy Hammed
Abdul-Qawiyy Hammed is the founder and CEO of The Phnyx Watches, a luxury watch brand with over 565,000 customers on its waitlist. Starting his entrepreneurial journey at age 11 with just ₦2,000 in capital, Abdul-Qawiyy generated over $1 million in a single day through eCommerce at 19 and sold two companies for a combined $128 million by age 21.
Based between Dubai and Lagos, he operates a consulting and education business, helping founders scale businesses to eight and nine figures. His mission extends beyond personal success to building generational wealth and creating systematic opportunities for minority-owned brands.
The Phnyx Watches represents more than luxury timepieces - it embodies resilience and triumph over adversity, designed for those who have "risen from the ashes of poverty and self-doubt." Abdul-Qawiyy channels personal experiences, including the loss of his mother and grandmother, into meaningful social impact through cancer research donations and youth education initiatives.
Connect with Abdul-Qawiyy Hammed
LinkedIn: https://www.linkedin.com/in/abdul-qawiyy-hammed-1592a0132/
Personal Instagram: https://www.instagram.com/theabdulqawiyy/
ThePhnyxWatches Instagram: https://www.instagram.com/thephnyxwatches/
YouTube: https://www.youtube.com/@theabdulqawiyy
Website: https://thephnyx.com/
About Simon Bowen
Simon has spent over two decades working with influential leaders across complex industries. His focus is on elevating thinking in organizations, recognizing that success is directly proportional to the quality of thinking and ideas within a business. Simon leads the renaissance of thinking through his work with global leaders and organizations.
Connect with Simon
LinkedIn: https://www.linkedin.com/in/simonbowen-mm/
Instagram: https://www.instagram.com/officialsimonbowen/
Website: https://thesimonbowen.com/
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