Page 234 - Reliance Foundation School Koparkhairane - School Magazine - Zenith

then a mortgage firm and later even started his own mortgage firm which
turned out to be profitable, had a small business with his friend which was
operating a supermarket which was profitable for a short period but later because

of difficult competition, he and his friend had to shut it down. Manny invested
$180,000 (all that he had) into stock markets in 1999 and within a span of 3
months he was able to triple the amount. Manny had been investing into real

estate since 1991 and this was when he actually felt that it could yield him a lot of
money. He saw this as an opportunity in life.

In 2000, Manny made his first million dollars. The hunger for success grew in him.
Within the span of a year he was able to boost the million dollars to 10 million
dollars and the numbers kept growing. His main idea was to do the right deal at
the right time as timing was one of the biggest factors when he made a deal. By

2004-05, his real estate portfolio was at about $130 Million. As of 2020, Manny
Khoshbin has sold real estate worth $800 Million. Not only Real Estate, he is also
a luxury car collector and has 17 cars and all of them total to $30 Million. He

collects cars not only for his personal satisfaction but holds them as an investment
and sells them at a profit by retaining them for a long time as rare and old cars add
value to the car when it is in demand.

One of the other reasons why Manny was successful in what he was doing was
because he was polite, kind and friendly to everyone. His behaviour and

personality were the reasons why he was very good at making bonds with people.
Manny couldn’t succeed in every path that he took. He went through a lot of
difficulties, but he had one goal in mind and that was ‘never to give up in life’. He

believed in celebrating failures as it taught him several lessons which ultimately
gave meaning to ‘Success’. What Manny wants to convey through his experience
is that one should never give up in life and must keep looking forward for
opportunities in life. Never work for money, the main motive is to learn from

whatever you are doing. Never say that your dreams aren’t real. Set goals and try
to achieve them. It’s ultimately the hard work that is going to pay off at the end of
the day.

In the end, after becoming successful Manny was able to pay back his parents and
bought them a ranch. It is not where you start from, it is ultimately where you

reach in life that defines you.

Allen Anand - XI C

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