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19 November، 2018
Discover the Benefits of Replacing Paper-Based Transactions with Digital Ones
19 November، 2018ان تصبح Businessman ناجح Starting a business with no capital does happen sometimes—but being $200,000 in debt is another matter.
Paying it off and making even more in profit sounds crazy, but that’s exactly what happened to Michael Rubin. When he was young—specifically, at age 12—
he went on a ski trip with his friends. When he got back, he decided to start a business selling ski gear and equipment. He expanded it a little each year until he reached sales of
$25,000. He spent a lot of money on marketing, but when he was 16, he hit a setback: the rate
Interest in skiing was low, and he lost a great deal of money, leaving him $120,000 in debt. He didn’t want to close his business, but insisted on becoming a man
of business and a successful entrepreneur. He borrowed even more money to boost his business, bringing his debt to nearly $200,000—a huge amount for
شاب صغير.
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How Robin Paid Off His Debts and Became a Successful Businessman:
After searching, he found a very attractive offer: a deal to buy ski equipment worth $200,000 for just $17,000. So,
he borrowed again from one of his neighbors, who charged interest. He bought the deal and, within just one month, sold it for $75,000 and repaid
some of his debts, becoming a merchant andرجل اعمال ناجح the owner of stores specializing in sports equipment.
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How Robin Became a Wealthy Entrepreneur and Businessman:
He decided to focus on buying high-quality sports equipment and gear at low prices by approaching merchants who had surplus goods or
They couldn’t sell them, so he sold them in his own stores and made excellent profits. His business affected his university studies, and he decided to keep working and earning
profits and leave university. At the age of 22, he decided to launch his own brand, which he named “Yukon,” and managed to make
millions of dollars in net profit.
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Michael Rubin’s Current Projects:
From the mid-1990s to the present, he has been involved in Business buying stakes in several companies operating in the sports industry, until he brought them all together
under one name, “Global Sports.” The company generated substantial profits, and his fortune grew to $2.7 billion. At 41, he became a man
A self-made businessperson, like many great figures in the world of finance.
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How to Become a Successful Entrepreneur:
You can learn from Michael Rubin’s story that he remained determined to succeed even when he was heavily in debt. That’s why you should stick with your idea, no matter
how unusual it may be, as long as you believe it can be profitable and turned into a successful business. You should also read other books and stories about
wealthy people to find inspiration.





