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A Paper Boy Surviving At $3 A Day: How This US Entrepreneur Turned Millionaire At 23

A Paper Boy Surviving At $3 A Day: How This US Entrepreneur Turned Millionaire At 23

48-year-old Tomas Gorny, an immigrant from Poland who arrived in the United States with nothing, is now an entrepreneur and creator of a technology company.

A Paper Boy Surviving At $3 A Day: How This US Entrepreneur Turned Millionaire At 23
Image Source: indiatimes.com

But his capacity to emerge from the ashes best characterizes him. After quitting college, he relocated to Los Angeles and began working on a website hosting company, which was acquired in 1998 for a couple of million dollars, thereby making him a billionaire. This was his first significant success soon before the start of the millennium. Gorny, who was 23 at the time, ought to have been executed. But like every other one of his early ventures, his next endeavor was a company selling Internet ads. failed miserably. He was back where he started, failing to cover his mortgage.

But Gorny wasn’t deterred by beginning anew since he was determined to succeed in the United States. In October 2001, he created the online hosting platform IPOWER, which was eventually purchased for a rumored approximately one billion dollars. His latest company, Nextiva powered by the cloud corporate communications software company that received 200 million dollars in backing from the United States financial behemoth Goldman Sachs in 2021, according to a Fortune article, is one of three web hosting firms that he has subsequently co-founded.

He said that he had left school two months prior to receiving his diploma and had traveled in March 1996 to Los Angeles to work as a sweat equity partner in the startup of a web hosting company.

He survived for almost three years on three dollars each day. Surviving on even three dollars per day was not difficult. He frequently traveled to Sizzle, an all-you-can-eat, with a friend. In essence, it was a seven-dollar dinner. They pooled their cash, and one of them frequented the buffet regularly. That served as my weekly pleasure.

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He finally sold the company in 1998, which is how he earned his first million dollars and a lot more.

When asked about his wealth, as per the report, the millionaire said, “I don’t know. I generally don’t pay attention to this. I also don’t want to talk about it because I don’t talk about it to my children. But it’s substantial.”

indiatimes.com

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