CNNMoney.com
Companies Economy International Corrections Pre-market Trading After-hours Trading Winners/Losers/Actives Bonds Currencies Commodities World Markets Money Magazine Real Estate Taxes Jobs Ask the Expert Money 101 Autos Mutual Funds The Help Desk Loan Center Best Places to Live Ask the Expert Ultimate Guide to Retirement Retirement Calculators Best Funds Best Places to Retire Fortune Brainstorm Tech Apple 2.0 Blog Big Tech Blog Sectors and Stocks Tech Talk Resource Guide Small Business Makeovers Questions & Answers Small Business Video 100 Best Places to Launch FSB 100 Fortune Small Business Fortune 500 Brainstorm Tech Investing Management C-Suite Rankings Main Create Portfolio Edit Portfolio Create Alerts Edit Alerts
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
7 wicked Black Friday Car deals It turns out the day after Thanksgiving is a great day to shop for a car. Here a few deals that deserve special attention. More
Would you walk away? With 1 in 4 homeowners underwater, many pundits predict a flood of people walking away from their homes. 5 readers discuss why they are - and are not - sticking around. More
Are things really getting better? Last quarter, the economy grew by the largest amount since the summer of 2007, but there are signs that things are still getting worse. More

Special Offer
© 2009 Cable News Network. A Time Warner Company. All Rights Reserved. Terms under which this service is provided to you. Privacy Policy
Copyright © 2009 BigCharts.com Inc. All rights reserved. Please see our Terms of Use.
MarketWatch, the MarketWatch logo, and BigCharts are registered trademarks of MarketWatch, Inc.
Intraday data provided by Interactive Data Real-Time Services and subject to the Terms of Use.
Intraday data is at least 20-minutes delayed. All times are ET.
Historical, current end-of-day data, and splits data provided by Interactive Data Pricing and Reference Data.
Fundamental data provided by Morningstar, Inc..
SEC Filings data provided by Edgar Online Inc..
Earnings data provided by FactSet CallStreet, LLC.