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This former taxi driver now earns $2M+ a year with two businesses — and shares how he made it happen
Yahoo Finance· 2026-01-04 20:45
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]
Why I’m obsessed with barbering | Gum Cruz | TEDxYouth@DLSUSHS
TEDx Talks· 2025-09-03 16:44
Career & Skill Development - The speaker initially pursued HRM due to uncertainty about their future career path [3] - The speaker's career path included roles in banking and entrepreneurship before finding success in barbering, demonstrating an unconventional journey [5][6][8] - Skill stacking, combining seemingly unrelated skills from HRM and banking, contributed to the speaker's success as a barber and educator [15] - Embracing new opportunities and continuous learning are crucial for personal and professional growth [16] Entrepreneurship & Industry Impact - Starting a business is challenging and requires perseverance [8][9] - The speaker's mission is to uplift the barbering industry in the Philippines by providing education and inspiration [23] - The speaker's pursuit of barbering education in the UK aimed to gain credibility and knowledge to improve the local industry [24][25] - The speaker's work as a barbering educator has a positive impact on a larger scale, boosting self-confidence in others [30][31] Personal Fulfillment & Purpose - A simple haircut can significantly boost a person's self-confidence [21] - The speaker found purpose in giving people a boost of self-confidence through barbering [31] - The speaker's purpose includes uplifting the barbering industry and inspiring others [31]