Buzz People

How £1m business Damteq was started by a 16-year-old with £5

AN ENTREPRENEUR who started his business at the age of 16 has seen it grow into a £1million operation – without ever borrowing money.
Adam Smith had just left school when he spent £5 on registering a domain name to launch a business building websites.
The business, Damteq, focused on working with entrepreneurial people keen to see their businesses grow.
Today, it provides web design, search engine optimisation and marketing.
At the age of 29, Mr Smith has a team of 14 and says that is on course to rise to 25 by the end of 2020. He expects turnover to rise to £2m-£3m in the next two to three years and for the business to outgrow its current Fareham base.
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