First quarter earnings in 2014 were announced today by the State Bank of Texas and the announcement also mentions how Chan Patel was featured in an article in Asian Hospitality (an Asian-American Hoteliers news magazine), quoting him on some of the elements required to be successful in business, such as having a leader with a true stake in the business: Just like hotels, if an owner doesn’t own more than 5 percent he won’t take much interest in the business. […]
