Manny Khoshbin: Millionaire Who Used to Work at KMart.
Take a look at entrepreneur Manny Khoshbin’s 650,000-plus follower Instagram account: you’ll see his drool-worthy supercars, palatial properties, meticulously tailored suits, and wonderful family life. But as you scroll through the evidence of his success, you’ll notice something else.
Many of his posts are peppered with inspirational quotes, advice and support for entrepreneurs. Khoshbin’s profile is something akin to a handbook on how to achieve massive success from nothing.
No one is better placed to write that story. Khoshbin used to work at Kmart. A few decades later, and he’s worth more than $100 million.
Khoshbin started from literally nothing—he arrived in the U.S. at age 14 with his family, who had fled civil unrest in Iran. They were penniless and lived in a station wagon for weeks before finally moving into an apartment. Without knowing much English and needing to make ends meet, Khoshbin started stocking shelves at Kmart for $3.15 per hour and dealt with racially-tinged abuse from customers.
“That experience sucked,” Khoshbin recalls. But the monotonous grind inspired him to dream bigger. He decided to become financially free and developed an unshakable resolve to make that dream a reality.
Khoshbin worked tirelessly at Kmart to save for a 1983 burgundy Honda Accord, which he used to get a better job at a tire company. His paycheck at Kmart was a little more than $100 per week. He took $100 from it every week, put it into an envelope, and after one year went and bought the Honda. Today, he owns more than $20 million worth of supercars like the McLaren P1 and Porsche 918.
He leveraged every single opportunity into greater success, eventually getting a real estate license and building a property portfolio. The rest was history. Today, The Khoshbin Company has a commercial real estate portfolio in excess of 500,000 sq. ft. in six U.S. states.
Khoshbin sat down with us to share five exclusive tips to help anyone duplicate his success:
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