The third of our three young men above? His family was poor and he had to drop out of school at 15 to help feed the family. He bought an old car that no longer ran and added it to those his family had driven into the ground over the years. He put them all in a field out near the road, and put up a sign that said "Used Auto Parts, Junk Yard." Once he got the word out, car dealers and individuals were begging him to take old cars off their hands for just a few dollars or even for free. His junk yard grew and grew and he became a millionaire at 25. He explained his success this way, "If you buy something for a dollar and sell it for $3, you will be surprised how fast that 3% adds up."
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The third of our three young men above? His family was poor and he had to drop out of school at 15 to help feed the family. He bought an old car that no longer ran and added it to those his family had driven into the ground over the years. He put them all in a field out near the road, and put up a sign that said "Used Auto Parts, Junk Yard." Once he got the word out, car dealers and individuals were begging him to take old cars off their hands for just a few dollars or even for free. His junk yard grew and grew and he became a millionaire at 25. He explained his success this way, "If you buy something for a dollar and sell it for $3, you will be surprised how fast that 3% adds up."
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