Monroe Carell, former CEO of Central Parking,
talked to our students this morning about his journey of taking the
eight parking lots his father owned and turning it into the largest
parking company in the world.
It was interesting to hear him talk to our students about the
importance of patience, especially given the impatience of GenY that I
talked about in my recent interview with Inc magazine. He
believes that patience is probably the most important trait of
successful entrepreneurs. I agree. This will probably be the biggest
lesson that the entrepreneurial Generation Y will need to learn if they
hope to be success over the long-run.