It is easy to look at someone born into a rich family and blame your misfortunes on your humble upbringing. But today, we have a story that proves anyone can achieve great success, even a young immigrant without money, education, or knowledge of the language. Ecommerce is the key.
Starting from the rock bottom
Manny Khoshbin’s incredible journey, one characterized by strength, determination, and the embodiment of the American dream, began in the very difficult period in Iran. The challenges and hardships of the time, especially the threat of Manny’s conscription into the army at the young age of 14, led his father to make an important decision for the family’s safety: they would move to the United States.
Upon their arrival in America, the reality of their new life was tough. Having encountered language barriers, as they didn’t speak English, and dealing with serious financial problems, the Khoshbin family was forced to adapt quickly. Manny had to attend ESL classes the first two years of school, just so that he could understand those around him. The family found themselves living out of a 1972 Datsun station wagon. This vehicle, meant for transportation, became their temporary home, shared among six family members.
Manny’s journey to success
Yet, even against this backdrop of adversity, Manny’s drive for success remained unwavering. While his parents had hopes of him pursuing higher education, Manny’s time at college lasted only two weeks before he recognized that the traditional academic route was incompatible with his vision of success. This realization steered him towards the challenging world of business.
Manny’s first steps
At the beginning, he tried to sell nuts from one house to another. At first, it looked good. But he had to stop because of some rules. Apparently, young Manny didn’t realize you can’t just sell food to people without any health checks.
First setbacks on the path to success
Manny then used $20,000 of his savings for a gas station venture in partnership with a friend. But all hope disappeared when this business revealed itself as a scam, leading to the loss of his entire investment. Being from an immigrant family, during the war between the US and Iraq, Manny also suffered from discrimination and prejudice.
Exploring different markets
Manny didn’t give up. He started working in the home loan business. He did very well there and earned $290,000 in his first year when he was just 22. Manny then opened a store called 79 Cents Plus. It did good at first, but later faced challenges from other stores. Manny still wanted to learn and succeed. He tried stock trading and smartly made $700,000.
First encounter with real estate
However, the world of real estate was where Manny’s star would shine the brightest. Starting with the purchase of a shopping center and two REO homes, he slowly built his empire. With time and patience, he closed deals worth nine figures. His biggest achievement was a huge profit of $50 million from a single property deal.
At the moment, Manny has several business. One of them is an ecommerce one. Why so? While it’s as profitable as any other form of regular businesses, it’s easier, it takes less time, and it brings pleasure on many levels.
What Manny’s story can teach us
Throughout his journey, Manny’s background as an immigrant both shaped and fueled his path. He faced many obstacles, like learning the English language, poverty and discrimination. Rather than allowing these challenges to slow down his progress, he used them as stepping stones, converting every negative experience into motivation. Manny’s success, he believes, was not just a result of his passion but also his curiosity. Always wanting new knowledge, he consistently turned to various resources, to be informed and ahead of industry trends.
Today, with a net worth of $250 million, a real estate portfolio that stands as a testament to his mastership in the industry, a large collection of some of the rarest cars in the world, and a huge social media following, Manny Khoshbin is an inspiration to many. His story, from living inside a station wagon to the peak of real estate success, serves as a good reminder of the many opportunities that await those who try their best, learn, and adapt, regardless of their starting point.
Start your journey to millions
Curious how you can take a step towards a new life? With ecommerce, of course!
Dropshipping is a great way to enter the world of online business without having to buy products in bulk.
Here’s how it works: you have an online store, fill it with products from suppliers, and whenever someone buys something from your store, your supplier ships it directly to your customer. The product bypasses your hands and goes straight to the final customer.
The best thing about dropshipping is how simple and affordable it is to get started. You don’t need crazy money to buy inventory upfront. All you need is a computer, and an internet connection.
Dropshipping gives you unmatched freedom. You can run your dropshipping business from anywhere in the world. Whether you’re chilling at home, traveling, or working from a cozy restaurant, as long as you’ve got an internet connection, you’re set for success.
You have no physical product inventory. Storing products or packing and shipping orders is taken care of by the supplier. With that being said, you can easily change your store’s product selection and offer the best things out there (without having hundreds of unsold products collecting dust in your basement).
So, if you’re looking for an online business with no stress, dropshipping might just be the perfect fit for you. It’s straightforward, flexible, and an accessible way to enter the world of ecommerce.
Sellvia has 14 years of ecommerce experience, and we know how to enter the industry in the easiest way possible.
Starting a business with $0? Easy!
Sellvia is a leading ecommerce platform that is designed to help entrepreneurs start and scale their online businesses with ease. Sellvia gets rid of many challenges associated with ecommerce, making it a perfect solution for those who don’t want to spend a fortune on a business.
Become a business owner in a couple of clicks!
- Hassle-free: Let us know your preferences and ideas, and our team will craft a modern, turnkey online store that’s going to be ready to make sales from day 1.
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- Vast product selection: Sellvia offers many high-quality products across various niches. Choose the perfect products for your business and watch the sales soar.
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- Automated order fulfillment: When a customer places an order, Sellvia handles everything from inventory management to shipping, taking the stress away.
- No upfront costs: Sellvia allows you to start an online business without any upfront costs. You don’t need to invest in inventory, warehouse space, or shipping supplies.
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