This former taxi driver now earns $2M+ a year with two businesses — and shares how he made it happen

Core Insights - Money Singh's journey from a taxi driver to a multimillion-dollar entrepreneur exemplifies the impact of grit, creativity, and persistence in overcoming challenges [2] Group 1: Entrepreneurial Journey - Singh moved to San Francisco in 2006 at age 19, initially feeling lonely and homesick, but eventually built a life with two successful businesses generating over $2 million in annual revenue [1] - After dropping out of college due to credit transfer issues, Singh worked various jobs, including as a dispatcher for a taxi company, where he learned valuable business lessons [3] - Over 12 years, Singh transitioned from a taxi driver to owning a taxi business, managing a five-cab fleet, and launching an advertising agency for independent taxi drivers, which generated over $1.1 million in revenue last year [4] Group 2: Business Expansion and Challenges - In 2018, Singh opened Dandies Barbershop & Beard Stylist, facing significant challenges including a lengthy permitting process that cost $75,000 in rent before opening [5] - The pandemic forced the barbershop to close six months after its launch, leading Singh to take drastic financial measures, including selling personal belongings and living on $1 meals to keep the business afloat [6] - To support the business during tough times, Singh took out two Paycheck Protection Program loans, borrowed from friends, and maxed out credit cards, accumulating over $200,000 in debt [6]