Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

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
America's 12 biggest companies now In the past 6 years, giants like Exxon and Walmart have slid while tech companies have soared. More
'Spotlight' is just the latest edition of newspaper movies Here's a list of the best newspaper movies. More
Most valuable car collection ever auctioned In total, the 'Pinnacle Portfolio' is the most valuable group of cars from one collection ever sold in a single auction. More

Special Offer