3 of 12
BACK NEXT
Rasheed Kazmi - On to his next business venture
Gas station owner, 25
Bloomingdale, Ill.

The last seven years of my life have changed exponentially. I graduated from college and started my own business. As time neared graduation I decided to go into business against most friends' advice.

After doing research I came across a gas station for sale which I knew had potential for growth, so I went for it and invested all of my savings and even borrowed money. Soon after I took over, gas prices hit $3-plus per gallon, and I was in financial difficulty. I worked 12 hours a day, 7 days a week, for nearly 2 years and didn't have any free time.

I graduated college with a B.S. in Business and it's been three and a half years since I got my gas station. Although business is slow I have made much needed improvements to make my business successful. I work less and hired more help and have more time to spend with my friends and family.

I didn't buy a sports car or a nice condo. I am fortunate to say I still live with my parents. I'm happy to say that I paid back all of my borrowed money, recovered my investment and I'm on track to save money for my next business venture.

NEXT: Christine Boyer - The worst year I ever had

Last updated August 28 2008: 4:39 PM ET
More Galleries
These 10 food trends could dominate 2015 So long, kale. Here's what's expected to shake up the food industry next year. More
Beyond Russia: Geopolitical hot spots in 2015 Investors beware: These 5 global crises are likely to rattle the stock market and world economy. More
These 20 antique guns could fetch big bucks Morphy Auctions in Pennsylvania is putting nearly 1,000 old guns on the block. Here are just a few. More

Special Offer

Most stock quote data provided by BATS. Market indices are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer.

Morningstar: © 2014 Morningstar, Inc. All Rights Reserved.

Factset: FactSet Research Systems Inc. 2014. All rights reserved.

Chicago Mercantile Association: Certain market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved.

Dow Jones: The Dow Jones branded indices are proprietary to and are calculated, distributed and marketed by DJI Opco, a subsidiary of S&P Dow Jones Indices LLC and have been licensed for use to S&P Opco, LLC and CNN. Standard & Poor's and S&P are registered trademarks of Standard & Poor’s Financial Services LLC and Dow Jones is a registered trademark of Dow Jones Trademark Holdings LLC. All content of the Dow Jones branded indices © S&P Dow Jones Indices LLC 2014 and/or its affiliates.