Today, no one is surprised by the fact that representatives of Russian youth are able to make a huge financial fortune for themselves, doing business, and absolutely legal. And it would be a mistake to think that only the offspring of rich parents have a mission in the future to become leaders of their own business.
To confirm this, we can cite the success story of an ordinary guy from an average family. Who is he? Daniil Mishin is the owner of an entire hostel network in Russia. His business brings him an annual profit of 60 million. Today he is a wealthy young man and is engaged in teaching his peers the basics of entrepreneurship in the hotel business. What is the success story of a young millionaire? Let's consider this question in more detail.
Years of childhood
Daniil Mishin is a native of the city of Sevastopol. He was born on July 14, 1992 in the family of a naval officer. Father, while retired, worked as a security guard, and his mother taught a foreign language at school.
The entrepreneurial vein of the boy showed up quite early: in between classes, he successfully sold classmates chocolates to his classmates and was not at all embarrassed of his occupation, since the potential profit for him was the main stimulus in his work. However, in addition to the interest in entrepreneurship, the teenager had other hobbies. In particular, he was engaged in ballroom dancing and even won prizes in local competitions.
At the age of eleven, Daniil Mishin travels with his parents to Europe. In the German capital, he unexpectedly discovered that his financial resources were running out, and the prospect of being left without an overnight stay was quite realistic. And here the young man first learned about the rental of economy class housing. For the last twenty dollars, Daniel Mishin rented a room in a hostel.
Fateful acquaintance
It should be noted that the young man from Sevastopol did not immediately find himself in the hotel business. Initially, he tried to engage in other areas of activity in which he did not achieve obvious results.
He was a real estate agent, a tour guide, a courier, and a financial analyst. But after some time, Daniil Mishin, whose photo is presented in the article, met with businessman from Norway Robert Hansen, who told him about the prospects of opening his own mini-hotel. The foreigner taught the guy how the reservation system works, how to search for customers, how to attract them.
First experience
Daniel got excited about opening his own hostel. The guy inherited a three-room apartment from relatives, and a novice businessman decided to convert it into a mini-hotel. He invested money in its arrangement and, in parallel with his studies, began to devote time to a new business for himself. But the first guests appeared only after some time, since the Mishin institution only developed a client base.
In 2007, the young man received a matriculation certificate and successfully passed exams at the Sevastopol branch of the Moscow Academy of Labor and Social Relations. However, studying at a university did not seduce the young man, and he decides to go to the capital to continue his career as a hotelier.
Business in Moscow
Arriving in the metropolis, Daniil Mishin, whose biography will be of interest to many young entrepreneurs, began to think about how to win a client in the largest city, where strict competition laws reign. The young man realized that only due to the ratio of low price and acceptable quality he can occupy a niche in the metropolitan market.
Daniel offers his own brother, who lives in the capital, to invest in a new project and become a co-owner of the hostel. He agrees, and after a while on the 4th Tverskaya-Yamskaya street, the Olimpia-1 mini-hotel, designed for 28 guests, begins to work. Business expenses amounted to one million rubles. Young people gave attractive ads on the Internet, which said that a cozy mini-hotel appeared in Moscow, offering an optimal service for a small price. Clean rooms were rented with high-quality repairs, and the most friendly staff served the customers.
Things are going uphill
After some time, the hotel business began to make good profits and Daniil Mishin (he was not a millionaire then) was thinking about expanding the business. A young man sells his business in order to invest in a more respectable object for living.
In the spring of 2008, the opening of another hostel called Olimpia-2 starts. This institution has already accommodated 30 people. The mini-hotel was equipped with a reception area, a guest kitchen and a minibar. Having untwisted this institution, Daniil Mishin, whose hostel is becoming in demand in the capital's hospitality market, is investing free funds in a mini-hotel, which is already located on Novy Arbat. The capacity of this property is 90 people. It would seem that the time has come to enjoy the fruits of his labor and live for his own pleasure, but after a while a young man invests money in an even larger project. In autumn 2010, he opens a mini-hotel in the center of Moscow under the odious name Buddy Bear Hostel, which is located on the Garden Ring. This institution has already accommodated 240 people. Visitors were available satellite TV, free Wi-Fi. The rooms offered accessories for water treatments, a set of slippers, ironing board.
Mishin opened another similar institution on Zubovsky Boulevard. The young man plans to open hostels in all Russian cities where the 2018 World Cup matches will be held.
Secret of success
Currently, the young man’s business is at the peak of his prosperity. Daniil Mishin created a whole network of hotels located near the central subway stations in Moscow. Daniel has a well-established business not only in Russia, but also in Ukraine. At the same time, it attracts customers with the low cost of rooms, which is about 450-500 rubles per day. As a result, he gets 90% occupancy in his hotels.
In achieving success, the young man was helped not only by intelligence, quick wit and enterprise, but also by excellent communication skills, as well as leadership qualities.
Daniil Mishin does not want to stop there and plans to organize a network of mini-hotels according to the franchising system.
Confession
Despite his young years, a hotelier from Sevastopol was already able to win a prize in the framework of the International Youth Prize in Entrepreneurship (GSEA), which was organized in 2012 by businessman Sergei Vykhodtsev and the capital's Department of Science, Industrial Policy and Entrepreneurship.
In addition to Daniel, six of his colleagues in the workshop went to the finals of this competition, who were also able to earn a fabulous financial condition in their youth.
Future plans
Currently, the young millionaire Daniil Mishin focuses not only on expanding the geography of his business, but also on promoting the established system of training on the basics of entrepreneurship. Today he spends the guest business no more than 5 hours a week, and the current work is performed by the manager, the head of the sales department and an assistant. Mishin devotes his leisure time to studying new methods of building a business. In 2018, he intends to make a real revolution in the field of hospitality and become inaccessible to competitors. Daniel does everything possible in order not to stop there, and continues his self-development.