His father loved to show off his handle bars
Gust expected Conrad to work for him
He liked to dance
Opened up the first town bank
Conrad was 26 without a career
Served in world war 1
Had experience with dry goods
He knew his father would like him to take over his general store
Wanted to pursue his life as a bank
Then thought why not be a hotel owner?
Bought his first hotel for 40,000
Was able to buy fixer upper hotels for dirt cheap and turned them around
Profits soared
earning $100,000 a year owning 8 hotels
Conrad had a vision for his business
October 1929 the great depression took place and his business came to a halt
He didn't end up going bankrupt and gained a rock solid reputation
Wife left him in 1931
1940 he went to
When people are fearful they will do anything
Conrad was a very positive thinker
Always told himself "one day I'm going to own that hotel"

No comments:
Post a Comment