M’sian man becomes a millionaire by the age of 19, says he wants to change the fate of his family

Observing the struggles and difficulties his parents had to go through, Munashraf Munawar’s goal to become a millionaire stemmed at the young age of 15.

M’sian man becomes a millionaire by the age of 19

Sharing his story to local newspaper NST, Munashraf revealed that at his age of 15, he began his drop shipping venture, selling sneakers that were imported from China. With the help of social media, he was able to sell his shoes, earning over RM10 to RM15 per pair. After over 2 years of operating his business, he then decided to slow down and focus on his SPM examinations.

“After my exams, I started from scratch and became a product agent instead”, he said.

Munashraf a 23-year-old Malaysian who earned his first million at the age of 19. Source: NST
Munashraf a 23-year-old Malaysian who earned his first million at the age of 19.
Source: NST

Venturing into the direct selling world, Munashraf shared that he worked as a vendor, selling chocolate jars by the roadside. He also sold ‘kerepek’ as well as keropok cheese, adding that he sold whatever he could get his hands on. Recalling his days, the hardworking man shared that he was eager when it came to learning new things.

“I was actively finding ways to improve myself, learning how to do marketing, sales and closing”, he mentioned.

Successfully changes his family’s fate

While his friends were having fun, enjoying their youth, Munashraf was working hard, trying to achieve a breakthrough for his family. Despite his parents earning enough of a salary to get by, he knew that he wanted to do more for his family. However, it was no easy feat for him as he faced quite a bit of challenges.

Setting up multiple businesses which showed great potential initially, Munashraf found it a struggle to scale his business bigger. On top of that, he was met with the tragic news that his mother had passed away.

“It was a really hard time for me, but their encouragement kept me going”, he shared.

Biovet Malaysia, a company designed to provide vitamin supplements for cats. Source: NST
Biovet Malaysia, a company designed to provide vitamin supplements for cats.
Source: NST

Hanging out with his friends, he realised that most of his friends had pets and they would often suffer from health issues. Understanding that there’s a gap in the market, the idea of creating supplements for cats donned on him. Looking into the idea of creating his own brand and product, he then began researching.

The birth of Biovet, earning his first million by the age of 19

After ample research, Munashraf managed to create his range of cat vitamins, making his first million at the age of 19. By the age of 21, the hardworking man was paying over RM500,000 income tax. Gaining success over his brand, Munashraf decided to aim higher, expressing his goals of earning RM1 billion by the time he is 30.

As of now, his company Biovet has grown to over 200 employees, and he attributed his success towards having a vision, grit and support from his family. Adding that his team also provides him with ample support, Munashraf said that he wants to expand his brand as much as he can, building the largest vet hospital in Malaysia.

Biovet Malaysia, a company designed to provide vitamin supplements for cats. Source: Biovet Malaysia (TikTok)
Biovet Malaysia, a company designed to provide vitamin supplements for cats.
Source: Biovet Malaysia (TikTok)

Urging the public to not give up, he encouraged them to always have a vision and not do things half-heartedly.

“Don’t give up, and stick through with it”, he said.

Definitely an inspiring story and we’re so happy that Munashraf remains humble and hardworking, despite finding his success. What do you think? Let us know! 

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Also read: “I’m grateful”, Orang Asli woman earns enough money to build a house & accommodate her family!

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