Community//

What It Takes to Make $30 Million As Millennial Entrepreneur Farhan Munshi Did

How many 23-year-olds do you know making $30 million in revenues? The answer to that question is probably close to zero. However, by the time you are done reading this, you are going to definitely know about one: Farhan Munshi. Like many new entrepreneurs these days, Farhan made his millions by being involved in the […]

The Thrive Global Community welcomes voices from many spheres on our open platform. We publish pieces as written by outside contributors with a wide range of opinions, which don’t necessarily reflect our own. Community stories are not commissioned by our editorial team and must meet our guidelines prior to being published.

How many 23-year-olds do you know making $30 million in revenues? The answer to that question is probably close to zero. However, by the time you are done reading this, you are going to definitely know about one: Farhan Munshi.

Like many new entrepreneurs these days, Farhan made his millions by being involved in the wide world of eCommerce. By leveraging the power of social media platforms like Facebook and Instagram, Farhan has been able to drive a tremendous amount of traffic to his websites.

Today, Farhan has a team of nearly two-dozen experts working for him, helping him scale his business. Being focused on trendy products that he and his team make go viral, Farhan has found a recipe for success that even his competitors can’t quite figure out.

To become an eight-figure entrepreneur, you need to be motivated and have the right mindset. You can’t allow fear to plague your mind. If you do, you will end up seeing barriers crop up on your road to achieving success. Farhan learned this early on. He saw his initial success was minor due to having fear deeply embedded within his mind. Once he released the fear, he saw business skyrocket.

Facebook ads and Instagram influencers are his main focus when it comes to marketing. These two avenues are virtually all he needs to drive traffic to his businesses. For instance, once he reached a million followers on Instagram, he was able to sell a massive amount of branded hoodies, as well as other apparel, through his store. This helped him bring in an eye-popping $2 million in revenue. As his success continued, he saw his monthly sales grow from $50,000 to $300,000, all within the span of four months. That success was something that completely stunned Farhan.

These days, Farhan enjoys millions of dollars of revenue through his online stores. The bulk of his growth was actualized within the past two and a half years. This was thanks to the innovative marketing strategies Farhan and his team have employed. The $30 million in revenues his business has received is destined only to be a fraction of what it will achieve in the coming years.

The bottom line of what it takes to be as successful as Farhan is to have unstoppable confidence and ditch the fear. This is how Farhan has been able to be successful, where many other aspiring entrepreneurs have failed.

Farhan quickly learned that fear would stop success in its tracks. What helps you get through fear is confidence in your ability to reach your goals. Letting go of the ego’s control over your mind is one of the keys to breaking through the barriers erected by fear. Farhan proved to himself and everyone else that the right mindset is the key to be successful.

You can follow Farhan on Instagram if you want to keep up with the latest from this successful millennial entrepreneur.

    Share your comments below. Please read our commenting guidelines before posting. If you have a concern about a comment, report it here.

    You might also like...

    Community//

    Nima Gardideh: “Build formal professional and personal support networks”

    by Ben Ari
    Community//

    The Self-Made Millionaire Who’s Helping Entrepreneurs Through His Higher Status Program: Meet Jason Capital

    by Sergio Centeno
    Community//

    Top Entrepreneurs Who Came From Nothing

    by Anthony Delgado

    Sign up for the Thrive Global newsletter

    Will be used in accordance with our privacy policy.

    Thrive Global
    People look for retreats for themselves, in the country, by the coast, or in the hills . . . There is nowhere that a person can find a more peaceful and trouble-free retreat than in his own mind. . . . So constantly give yourself this retreat, and renew yourself.

    - MARCUS AURELIUS

    We use cookies on our site to give you the best experience possible. By continuing to browse the site, you agree to this use. For more information on how we use cookies, see our Privacy Policy.