Here’s How Hard Work, Risks & Opportunities Changed The Fortunes Of Entrepreneur Philip Mansour
One of the oldest yet the significant rule of business is ‘Higher the risk, higher the profit.’ If you don’t take risks, you won’t get opportunities to succeed in life until luck is in your favor. Despite facing a lot of odds, Philip Mansour made a name for himself as a successful entrepreneur. He dropped out of high school in 10th grade and later got his General Education Development (GED) which is considered equal to an advanced diploma course. He is from Los Angeles, California and during his teenage, he was fascinated with technology and marketing.
When he was 17, he started with his own business on eBay. After a lot of research and analysis, he launched his own wholesale company when he was 19. He sold wholesale digital electronics to small tech shops in the world. During this time, he not only got to learn about profit and loss but also realized how important it is to be self-employed and step out of his comfort zone. In 2009, he decided to try his hand in the software space as he sold several niche software products and services. The 31-year old businessman earned everyone’s trust with his quality work and he filled his bank balance which had his monthly profit up to 6 figures. Besides this, the year 2013 saw Philp being a consultant to a lot of companies who wanted to build their brand value and have a strong base of their clients. He helped many companies grow significantly where he got a whopping amount as his consultation fees.
Taking risks is what helped Philip grow in this business world. In April 2018, he launched an SMS platform named Kontexo.com for small businesses. Unfortunately, he sold the business in September 2019. Apart from this, he also worked closely in the cosmetic business. He started a cosmetic brand in November 2018 which was a joint venture. The magnetic eyeliner and eyelash company named Glamnetic.com started to sell its products by the end of July this year. However, he parted ways with the cosmetic brand in August this year to start his own cosmetic line. Revealing not much about his forthcoming venture, Philip has surely hinted that he will be back with a bang this time with a variety of products of new products and services for everyone.