I Was Homeless... Now I’ve got $250 Million (in assets)
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In this video, I learn how Manny Khoshbin went from living out of a station wagon, to starting several failed businesses, to building a $200 Million real estate empire and owning a $20 Million supercar collection.
Follow Manny: / mannykhoshbin
Timestamps:
00:00 - Intro
01:07 - Manny’s business summary
01:30 - Immigrating from Iran to US
03:24 - Manny didn’t speak English
04:28 - On being homeless
05:21 - First business selling nuts
05:50 - First failure
07:05 - First success
08:06 - Second failure
10:02 - Key skills
10:52 - Hunger for success
12:10 - Facing discrimination
14:15 - Turning haters into followers
15:33 - The American Dream
16:31 - Noah’s Nuggets
16:56 - Manny’s first million
20:29 - Advice for starting in real estate
23:54 - His real estate portfolio
25:45 - Deal flow and opportunities
28:20 - Biggest wins and losses
29:20 - Income streams
30:08 - Daily routine
31:00 - How he spends money
34:29 - Regrets
36:30 - What is success?
🔔 Subscribe: / @noahkagan
📸 Connect on IG. I reply to DMs. / noahkagan
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I'm a construction contractor and worked for him in Texas year's ago. Good dude. Would pay me before I was even finished sometimes bc he knew I was desperate to pay my men.
Yeah good customers are hard to come by in contracting.
oh wow
Well obviously he trusted you and your work, good on you and him.
That's what I like to hear, Good people making good money ! That teh real success story not these peole ripping other to make self worth..
@@thevcountdown9824 Gang stalker just caught. Nailed that one. The criminal had the hand up by the phone in a threatening way. I take it seriously.
I remember when I just got into crypto back in 2019 but later in 2020 I ended up selling it because I was dumb and I didn't understand it. I studied and learned and now I know how it works. Got back into crypto early in 2023 with 10k and I’m up with 128k in a short period of time . I was able to build a business from my returns 💚
Investing in Crypto market is the best financial decision anyone can make because the crypto market is much more better than anything else currently
Please how do y'all even make so much from crypto trading?
Any recommendations on investments, assistance with portfolio building?
As a beginner investor, it’s essential for you to have a mentor to keep you accountable. Myself, I’m guided by Alex Gomez. A widely known cypto consultant
I've come across this name before, is he really reliable?
I find myself rueful for neglecting stock investments until now, yet I'm appreciative of retaining funds in the money market. With approximately $200k set to mature shortly, I'm considering delving into the stock market. What stocks would be prudent for a newcomer like me to securely nurture my finances?
The present market conditions could offer chances to enhance earnings quickly, yet to implement such a plan, expertise is essential.
The importance of advisors often remains underestimated until individuals experience the repercussions of their own emotions. Thinking back to a few summers ago, amidst the challenges of my prolonged divorce, I found myself in urgent need of assistance to maintain the stability of my business. This prompted me to seek out licensed advisors, ultimately leading me to a highly qualified professional. Through her guidance, my savings not only endured inflation but also expanded from $275k to $850k.
Recently, I've been exploring advisors, but the market news I've come across hasn't been uplifting. Who's providing guidance for you?
'Laurelyn Gross Pohlmeier' is the licensed advisor I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I searched for her complete name on the internet and located her page. I then sent an email and scheduled a meeting to converse with her; now, I'm awaiting her response.
Man this guy is so resilient. He never folds. Just keeps going. Of course he's rich. Super inspiring.
I agree very Resilient. Great takeaway from the video
The core message: Discover where the opportunity is and become a great salesperson and operator.
first step is migrate to america. none of this money is being made anywhere else on earth
And how do you discover it? I wouldn't even know where to start
@@PerpetratorPulse Opportunity: Start where you’re interested and/or be an early arriver to a marketplace. You like animals so it may make sense to work for an entrepreneur in that space. For Manny in real estate - buy at a discount. (it takes time to find a great deal but make sure the math is easy - a 4th grader should be able know it’s a great deal) Salesperson: When you’re passionate or hungry this will come natural. There’s resources to learn online. I would recommend solution selling. Operator: This is more or less being organized, process driven and the ability to multitask. Start by operating your day like a business. Track everything you do, how much time it takes and all your money in and out. Run your life like a business first. Most importantly do not be scared to live your life. “...for God gave us a spirit not of fear but of power and love and self-control”
@@PerpetratorPulseask people, find something you want to do, get a job doing that, figure out how everything work, do it better for cheaper.
@@PerpetratorPulsetry and fail , let your experiences mold you. No one can be better than you than being you. Look how to add value and don’t do it for money do it if you care to make a difference knowing one day you will past away in this short life.
Hit 200k today. Thank you for all the knowledge and nuggets you had thrown my way over the last months. Started with 14k in last month 2024
Wow that's huge, how do you make that much monthly?
@@MandyMoore-ie7jwI'm 45 and have been looking for a way to be successful, please how?
@@BarivareeHonestly speaking.... I'll continue to trade and stick to Alice Lee Chen Financial daily analysis and guides as long as it works well for me.
I'm delighted I saw this here since the knowledge you will acquire is enduring. Investing in your education now will pay off in 2024.@@Patyad
@@FreyaFreya3Whoa, really? I can't wait. For me, the Alice Lee Chen technique has also made winning trades regular. And when I consider how it all began, it marks a significant turning point for me.
The secret to success = Start and never, ever, ever quit until you succeed. Simple.
Noah is amazing. “How to secure wealth”
Making money is action, saving money is behavior and Growing money is knowIedge.
I am fortunate I made productive decisions that changed my finances (accumuIated over 1MiI in 2years) through my financiaI coach. Bought my 2nd house in January, and hoping to retire at 52 by next year.
researvh the name, if you care.
*Rebecca Martin Watson*
l’m amazed to partake on this, lt has rekindled the fire to my goals.
This guy has a similar story to my old boss. Same war, he was 14. His dad loaded him up a bookbag, gave him some cash and he walked from Iran into Turkey by himself. From there he made it to Spain and then, canada. By the time he walked across the US border he had been traveling a year. He ate canned dog food for a year in the US, thinking it was just cheap canned meat. Dog food didnt exist in Iran. Story just keeps going, but he does very well for himself now.
Probably better for dogs to eat human food
Manny Khoshbin is a great example of transforming childhood trauma into productivity & success!
From rags to riches, I have the upmost respect for that man God bless him and his family
Met this dude in real life before. Real nice and respectful. Great guy 👌🏾
Great to hear that Glenn.
He reminds me so much of my brother, who we sadly lost in a car accident. It's startling how much they look alike, not just in looks but in their demeanor too. My brother was an incredible entrepreneur, full of success and drive. Seeing him brings back a flood of warm, cherished memories.
I love his story…his determination is motivating and appreciate his honesty about his failures. Great personality as well!
11mins into the video I love this guy's energy Seems a solid guy
Key lessons - Find the opportunity and take actions (just do it) - Becoming good at sales - Learn to operate businesses - Never give up even when you fail, just Pivot, be willing to learn the next thing (i.e the next opportunity to make money) - America was built on credit & importance of Credit - Have the hunger of an immigrant who has nothing and doesnt speak the langauge well -Be patient (delayed gratitude) - it is a numbers game finding the deal in Real Estate - Recession creates opportunities
May Allah guide you all to the islam the religion of all prophets include prophet noah, abraham, moses, jesus till the last of the prophets, the prophet mohammed may peace be upon on them.
Thanks Tonay!
Thank you 💖
@@ibn_lamfeddalJesus Christ is NOT a prophet. Jesus is God Himself. One day you will see with your own eyes. Give your life to Jesus now so you'll be saved.
Good list but missed the mark unfortunately 😃
Never heard Manny's story in detail like this. Great video!
Unconditional love and immense gratitude for both.
One of the most incredible rich person, I have ever seen. Such a humble person. He deserve all this what he has right now. Learned from all his failures and never give up on anything that's the way to do it. Well Done Khoshbin.
The best thing I've done is to start reading Newsletter on business/marketing etc. In my bio I have links to my favorite ones
Waste of time
He seems like such a genuinely nice guy. Happy he over came his struggles in life.
Agreed. The sleeping in car with the entire family to me was insane to hear.
@@noahkagankey is he had a family that was together Problem is many come from broken families
Except the part where he k1lled his friend by drunk driving
@@Joe-fk6wzwe’re human, we make mistakes. Im sure there isnt a day that goes by that he isnt thinking or regretting what happened.
@@Joe-fk6wz did I mishear the story? Sounds like he says 'grandad' around 34 mins in
He's likable, humble, down-to-earth, and hardworking.
wait until you find out about the guy he killed while driving drunk
@@retrorewind6042He admits to it in the video and accepts responsibility.
@@farzana6676 doesnt change what happened
@@retrorewind6042 Yeah well. His buddy was drunk too. They all knew the risks drinking together and potentially wrecking. His buddy is not a victim.
@@farzana6676 still doesnt excuse anything. Damage was done. Doesnt matter who was or wasnt drunk
Very inspiring story. Great and sweet success. Great interview and even greater lessons from this video.
Super glad you like it!
Love this guy, been following him for sometime now. Keep continuing to be the inspiration that you are brother.
Me too
Best episode ever! An Iranian brother as well! No BS explanation of his success; so appreciated!
My Brother was a Manager at that Winston tire company store Manny worked at, down in the valley. I sent him this video and he couldn't believe it. He remembers him, because a family friend went to the Tahran american school in Iran and he talked about going to school in Iran. My Brother said he is very happy for him and that he was a very respectful and a nice young man. Thats Awesome.
amazing story of manny. thankyou for having the time to share and give out advices!
This guy has been busted as a fraud by BallerBusters. Nothing about this video is real.
An amazing story of perseverance and never giving up!
I live in iran and people like him, alex, leila, patrick are a big inspirations It's possible.
It's possible if you're able to get out of Iran.
Hameye inayi ke esm bordi alian dadash. Vali khoobe ke khodemoono ham daste kam nagirim.
Its possible, just not plausible for most. System is geared to minimize wealth amongst the commoners.
@@samricher 100%
I like his chuckle, even more, when he chuckles after he talks about a hardship.
such a positive guy with no attitude or ego😍
Really good interview man!! Incredible story. Inspiring resilience and determination. 🔥🔥
All your videos are truly inspirational!
Bravo to him. Honest and genuine interview but you asked him great questions that made interview flow! Love his laugh btw.
Huge inspiration🙏🏽wish nothing but the best for everyone here🙏🏽🙏🏽
This podcast is the only most transparent podcast manny has ever done. So amazing
Always insight, thank you for the content... Keep it coming. These series inspired my channel's interviews so thank you!
Your the best love your story! There is bad all over. Walk away and keep smiling you've got this. Great story.❤
I believe it! Working on that now! LETS GO!!!
Such an inspiring story! Thank you for sharing with us
Yo Noah! Keep these coming. VERY motivational & incititeful👍🏾💯
Fascinating. Total respect for this man. Never quit, stayed positive, never expected a handout. Amazing life story
Lovely story. Inspiring, I can definitely relate to you.
The knowledge you get from manny and Ben mallah is incredible. For real estate or just life in general. Hoping one day manny and Ben sit down together and go back and forth on questions,how they did this or that,why they did etc.
What a great interview. Thank you both of you.
One of the most interesting interviews!! Thank you both ❤ So inspiring!
This guy has been busted as a fraud by BallerBusters. Nothing about this video is real. He was recently EVICTED from his RENTED apartment for not paying rent.
I knew I was drawn to this guy. He’s definitely blessed and went through struggle/rock bottom. He has drive. I was born in Malaysia, raised in Cali. Santa Ana , I’ve felt like I met him one day in Irvine. Perhaps I’ve bumped into him before. Man would love to just spend a day with him and bring a notebook, take some notes and chat it up. I work I.T but feeling like Sales is my tea and know the system more.
watched all of this. The way he owned up to the car crash was really good. One thing I noticed in this interview is the guts this guys has.
Great interview!! Love from Portugal 🇵🇹🇵🇹🇵🇹👍!!
What a solid interview. I loved the Barat 19:28 "great success quote" Thank you for providing Earl Nightingale style content!
such a chill dude, very charismatic
Honestly, Manny gives me hope I have no friends no family that cares about me. I’m 25 in my life is all but ruined but seeing people like Manny gives me hope that I might have a future.
You only need you to Care about yourself 😊 i would love to get a Dog for example i think that would be a great thing
You can do amazingly alone since you have no one to count for or distract you from your gols. Make a gol and don’t listen to noises. Don’t ever give up! God is king and you are his son/daughter so you are his princess/prince and the king wants his children to act like one, live like one, and lead like one. Focus on the big picture and make your father the king proud! 😊 He gave you all the tools it’s inside of you, so use it for good and great!
@@flaviav8458 thats really nice 🥰
Bring in some good people, make a new future. :)
I hear you
The much needed interview.
Noah... you're adding to the tapestry of humanity with this stuff. Thank you for showing this as a potential path.
I enjoyed this interview. You are a great interviewer, you ask the question and let the guest answer no matter how long it takes. Excellent job, thank you,
Love this guy. He so down to earth. I learn a lot by just watching to this video.
The selling nuts story at the car dealership story then going right next door shows how much determination Manny has
Lotta hustle.
@@noahkagan definitely. Hopefully I can get him and his cars on my KZhead channel soon.
There are a lot of doors out there. Some you open and they slam in your face, but there is always , ALWAYS another door to knock on. Manny didn't give up which is why he is where he is.
He forgot to say that he is Jewish.
@@suboticabhe ain’t Jewish bro
This was honestly a great interview. Thank you
Incredible interview. Thanks Noah!!!
Thank you for this kind of content. Every time I fail, it just hurts less. Keep moving forward, take a rest if you must, but never fu***ing quit.
persistent, consistent, dedication and the desire to become big is the key.... I admire you ...
Great story! I appreciate the authenticity and clarity.
He’s so nice and humble. It’s a real treat to listen to him talk about his story. 😊
I read Manny's book, very inspiring! Thank you for the video.
Always great stuff Noah! Rock on! 😎👍
First time commenting. Greatest podcast ever , truly inspiring. Appreciate you mate, big up Manny aswell.
This guy is legit and humble. He prioritizes everything just right ❤️🙏🙌🏾👊🏽👏🏿🇺🇦💪🏾🇺🇸
One thing I love is people who come from a difficult past or have had troubles or hard times and become successful, I love this guys story never heard of him before love his drive and his attitude and laugh! Thanks for bringing this guy to my attention Noah!
Manny's humbleness and positivity make him very sympathetic
Without good health you have nothing . Yes we need money however never take good health for granted. Before any prayers I always thank God of my health first … period
@@Ben-vy1ob This interview was about how he made his fortune - why would you expect that business and how to make money shall not be the center of this interview? If you watch a cat video you will probably see lots of cats, if you watch a documentary about food, food will probably be the center of the content... and if you watch a video about making a fortune, probably business and money will be the center of what's presented.
the story is very carefully crafted - just like his social media. Not saying it is not true, just that each step of his narrative has been carefully curated to create the image and topped off not with social media. @@Ben-vy1ob
Really appreciate how down to earth he is.
I love his story and success. A great inspiration for all. Thanks for sharing.
Goes to show when you want something to happen for you, you find away to get it done instead of waiting for others to do it for you!
"I've always thought that success is an internal measurement." I like that. Well said Mr.Kagan. Keep up the great work.
it’s hard to nail down specific predictions for the housing market is because it’s not yet clear how quickly or how much the Federal Reserve can bring down inflation and borrowing costs without tanking buyer demand for everything from homes to cars.
A lot of folks have been going on about the bull rally and said stocks that would be experiencing significant growth, any idea which stocks this may be? I just sold my home in the Boca Grande area and I’m looking to remunerate a lump sum into the stock market before stocks rebound, is this a good time to buy or no?
Such market uncertainties are the reason I don’t base my market judgements and decisions on rumours and here-says, got the best of me 2020 and had me holding worthless position in the market, I had to revamp my entire portfolio through the aid of a planner, before I started seeing any significant results happens in my portfolio, been using the same advisor and I’ve scaled up 750k within 2 years, whether a bullish or down market, both makes for good profit, it all depends on where you’re looking.
@@benalfredo True, we’re only just an information away from amassing wealth, I know a lot of folks that made fortunes from the Dotcom crash as well as the 08’ crash and I’ve been looking into similar opportunities in this present market, could this coach that guides yo help?
@@Jennapeters144 Having a fduciary is essential for proper portfolio diversification to make gains. My advisor is LOREN LENA WALKER who is easily searchable and has extensive knowledge of the financial markets.
@@benalfredo Thank you for this tip. it was easy to find your coach. Did my due diligence on her before scheduling a phone call with her. She seems proficient considering her résumé.
This is really a good interview... I think the best I have heard so far on YT..
Manny inspires me so much! Thanks Noah, great interview
Manny used the pain as gasoline this guy is a real success
He forgot to say that he is Jewish.
Love this guy’s energy
This was my first video I've seen from you I have saved this video gonna definitely rewatch this lots of times wishing all viewers lots of success
Thank you Manny. Thank you Noah for these insightful questions. What a life story!
Every immigrant entrepreneur can relate with what he is saying. Thank you for this.
He forgot to say that he is Jewish.
Every person who’s tried to make something from nothing can relate to what he’s saying, one need not be an immigrant.
@@LateNightCable that’s is a fact.
His definition of the American dream is eye opening (@ 15:32). “You’ve got to have the drive and the hunger”. Thank You
Inspiring story, love both your channels!
Love you back
I love Manny, that laugh after "I don't know" at 19:16 was pure gold 😂
If you had never failed, you have never really tried. Manny is such an inspiration!!!
You only fail if you give up. Otherwise it's just mistakes to help you learn.
@@hiphopmgmt failure is a fact of life, being creative takes less energy than being determined. In the long run a person who is creative will most likely cross the line to success.🥳
this is the same thing my financial advisor told me and right now i am chilling
talking about Financial Advisors, do they trade on forex and stocks and give strategies to let you get income.
Loved this. Loved the attitude, the transparency and the whole energy behind Manny. What a great interview!
Great interview, keep up the great work. I first learned about you by randomly clicking on your interview with the guy on the jet(that was great btw). Been following manny for years now and I learned new things about him. Good stuff.
Thanks Robert!!
Two of my favorite people in one spectacular video.. Amazing!!
You can tell this guy is 100% genuine. Worked his way up from the dirt floor to penthouse in the sky. Deserves everything he has.
Such a humble guy! Loved this interview! Thank you both! 🙏🏻💞✨
agreed completely jackie!
Everything about Manny is SO opulent, yet his spirit seems filled to the brim with gratefulness and generosity. A true self-made man...and a true inspiration.
true
Self made relying on others to profit?
Well said! Noah wasn't on his A game here, he just kept asking the same questions Manny has already answered. The most idiotic question, was when he asked why they would pay him $50 Million more than he bought it for😂 This guy is selling courses and has no clue about methods of profit making. Unbelievable.
he wont call himself self made alot of people helped him if you listen to his full story
The days of making money in real estate are far gone in the past. The money now and in the future .. is in selling tents, buckets, duct tape, e-bikes, matches, condoms, bullets
Great interview, best one I’ve seen of Manny!
excellent interview, thanks for sharing!
what a guy, very humble for all those successes he has acheived
Big Respect. That story just confirm that Money just show who you really are. Thank you
More than his drive and willingness to work hard, I admire Manny's resilience and ability to persevere during the difficult times of his life journey.
Such a lovely interview go Manny!
Don't know why but this is the first time I feel like you can see that Manny has a lot of trauma that he hasn't been able to process (yet). Think he's really on of those guys that's easy to judge from the outside but has an amazing soul. Great interview!
He forgot to say that he is Jewish.
You forgot to say you are a troll. 😂.
@@jameswalker366 Gang stalker was executed by Taliban for " staring at the ground " an offense to Taliban. Another gang stalker was menacing with telephone, and executed by Taliban immediately. They know now not to do these offenses.
Thx for opening up to us Manny. God bless you and your family.
Thanks for sharing your success story and inspiring others to reach for their own dreams.