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Mr. Patel currently serves as chairman of three community
banks which he helped establish in large part to better serve
emerging communities of Indian and Oriental small business owners in the United
States: Haven Trust Bank, which serves entrepreneurs nationwide from
Atlanta; Haven Trust Bank - Florida, which operates in northern Florida; and
High Trust Bank, which operates in northern and middle Georgia.
As part of our continuing effort to highlight successful
individuals from our community, Desh-Videsh spoke with Mukesh "Mike" Patel, president of
Diplomat Companies, an Atlanta based firm founded in 1981 in partnership with his brother, R.C.
Patel. The firm operates a number of hotels in Southeastern U.S., and also owns businesses
related to travel, commercial insurance, real estate, and hotel
software. Mr. Patel and his brother are also founding members
of the Asian American Hotel
Owners Association (AAHOA), which began in 1989. Recently, Mr. Patel and his brother purchased
the Budgetel brand and
became the first Asian franchisors in the hotel industry.
Mr. Patel served as AAHOA chairman, and during that time,
he garnered historic success on such issues as membership
growth, expanded opportunities for women and independent hoteliers,
increased initiatives in professional education and government
relations, and taking the association's message into Canada with first-ever conferences
in Toronto and Vancouver. In fair franchising reform, Mr. Patel helped author AAHOA's 12
points of fair franchising. In addition, Mr. Patel's work on behalf
of AAHOA was recognized at the association's 2000 Annual Conference
in Las Vegas when he was presented with the prestigious "Award of Excellence."
Mr. Patel currently serves as
chairman of three community banks which he helped establish
in large part to better serve
emerging communities of Indian and Oriental small business owners
in the United States: Haven Trust Bank, which serves entrepreneurs
nationwide from Atlanta; Haven Trust Bank - Florida, which operates in northern
Florida; and High Trust Bank, which operates in northern and
middle Georgia.
Recently, Mr. Patel was named
recipient of the 2007 Award for International Cooperation between
the United States and the
United Kingdom. The award was presented by British Prime Minister
Tony Blair during a dinner celebration in London on
Wednesday, June 20. Mr. Patel was commended for his commitment
to improve relations among ethnic communities
around the world. For example, during former President Bill Clinton's administration, Mr.
Patel served on a White House
Advisory Commission for Asian Americans and Pacific Islanders
which initiated historic changes for these groups in banking, social
services, immigration, and relations with India. Mr. Patel has also worked closely with the
former President to fundraise for earthquake relief in Gujarat as
well as on projects associated with the Clinton Foundation's
Global Initiatives on AIDS, hunger, and climate change.
Born in Uganda, Mike moved to England with his family
when he was eight years old. Mike and his brother worked in
their father's business and helped expand from a single corner shop to a chain of six.
In 1981, Mike moved to the United States to play professional
soccer for the Atlanta Chiefs. When the league folded, Mike and R.C. purchased their first
hotel in Alabama. Mike is a graduate of the London Business School. He and his
wife, Hasmita, live in Atlanta and have two grown children, son
Rishi and daughter Ayesha. The following excerpts from our interview
offer some insight into Mr.Patel's background, successes, and view of life.
Q: Tell us a little bit about your
career and how you came to be where you are today.
A: The hospitality industry has been of interest to me for two
main reasons: first, because my brother and I had experience as
teenagers working at our parents'
convenience stores in England, and second, because of our natural
people skills. In 1981, we bought a bankrupt hotel in Montgomery, Alabama
and turned it around almost immediately by first completely renovating it, then making an inspired
deal with railroad companies to offer their workers rooms that were guaranteed to be quiet
and available. We were so successful that other companies asked us to open hotels at other
key locations. So, we started buying existing hotels and upgrading
them. It was a strategy that minimized capital investment while
maximizing profitability.
Our entrepreneurial spirit has
shaped our lives, and with qualities such as perseverance in the
face of diversity, independent
thinking, ability to overcome obstacles, and willingness to embrace
prudent risks in order to achieve important goals, we have
been able to succeed. For example, we had to overcome cultural
barriers as immigrants not once but twice: first while assimilating
into British society as teenagers, then again as young entrepreneurs coming to America.
After starting their business in the United States, we had to juggle
the economic uncertainties of a start-up enterprise in the cyclical
hotel industry, while also dealing with the discrimination practiced
at the time by banks and insurance companies against hoteliers
of Asian background. My brother and I have not only been able to
persevere but to succeed in the face of adversity - repeatedly.
Q: What has been the toughest
challenge you have faced during your career in the United States?
A: I don't like to think in terms of "challenges" - I prefer to see "opportunities."
Albert Einstein put it well when he said that within every problem lies opportunity. In
other words, it's a matter of perspective - the old adage about
whether the glass is half empty or half full. I look forward, not back,
and I always urge those around me to do the same.
Q: What drives you? What really
pushes you to succeed and reach greater heights?
A: It's hard to single out one thing that I'm proudest of, however, I
do take great pride in changing the status quo. I like to see that
the right things are done for the right reasons - and sometimes
that requires taking a stand against the way things are currently.
Of course, at times that has made me appear to be somewhat of a radical, such as when I developed
the "12 points of fair franchising."
Those points were evolutionary for some, but revolutionary for others. Now they've
become accepted principles in many franchise-based industries
and have even been recognized by the United States Congress in
some of its legislation. Working for change requires a thick skin because as the messenger,
you will sometimes be shot at. You're only vindicated when the message survives - and it can
take awhile for that to happen. That's why having strong friends and close family is so very
important to me - I'm blessed to be surrounded by people who are
supportive, who see the big picture,
and who keep me on course - especially my wife Hasmita and our two children - son
Rishi, age 17, and daughter Ayesha, age 20.
Q: What do you think is the secret
behind your success?
A: Quite simply, by using my past to guide my present and my
future. I think of it as keeping one eye on the ground and the
other eye on the horizon. For example, when I was growing up
in London with my three brothers and two sisters, I learned the
value of having friends from many different nationalities and
ethnic backgrounds, not just Indians. I was exposed to various
cultures and learned the best of many worlds. Today, as my brother RC and I
run Diplomat Companies, the friends and business contacts that
we have are still a very diverse group - something that constantly
challenges me to improve myself,
to give back to the community, to think about more than just monetary
and materialistic achievements, and to generally be more mature.
I still remember my father working as a conductor in Leicester
before he bought a newspaper shop - the whole family pitched
in and to this day we have never forgotten where we came from.
We've also never forgotten the people in Nuneaton who gave us
a place to stay when we first arrived in the UK. Helping fellow
immigrants is a very special Indian
quality, and that's why my door is always open to Indians who
need a hand.
Q: Has your personal success
changed your attitude, lifestyle or work style?
A: I fully realize that not everyone is born blessed with good
of money but also of our time. As I get older, I always ask myself --
what am I doing to help my fellow man? Everyone thinks about
the purpose of being on this earth. Materialistic things do not take
you to a higher spiritual level. Helping mankind gives me peace
and satisfaction -- that's why I'm involved in the community. I think
true gratification comes when you make a difference in someone
else's life. When my family first migrated to the UK, people helped
us. I believe it is my turn to do the same now.
Q: How would you compare life in the US today to when you first
arrived? How does it compare In terms of opportunities, culture,
or any other aspects?
A: The opportunities for Asian Americans are constantly growing
and improving, although not as much as I would like to see. We
are new immigrants to the country and we are certainly making
an impact which is much bigger than any other ethnic community.
There are still pockets of discrimination; however, most of us
make better decisions when we seek out different points of view.
Similarly, we can build a better society when different skills and
experience are part of the mix. As the saying goes, the whole is
greater than the sum of its parts - we are all stronger and better off
when we pull together rather than
when we pull separately. Indians will continue to be a big part of America's growth and success
- and that means lots of opportunities for personal growth and success.
Q: New immigrants to the US often
have great dreams of achieving their goals. What guidance would you give them?
A: Climbing the ladder of success means keeping your nose to the
grindstone … your shoulder to the wheel … your eye on the ball …
and your ear to the ground … all at the same time. I'm not
just trying to be cute. You have to be tuned in to the events
around you so you can discover your niche or special talent. Then
you have to act quickly, decisively, and with
integrity. In the process, you will grow, improve, and prosper.
Q: An American colleague once asked me an
interesting question - "Why are Indians in the US at the forefront
of a variety of fields?" What to you think?
A: Asian Americans are the second largest immigrant group in
the United States. And as a culture, we have exceptional work
habits. We are very smart people. Our religious beliefs are very strong. Now we are at a
stage when we are going to take
the big leap and diversify into many industries beyond the ones
Indians are currently noted for, such as hotels, convenience
stores, and so on. My ownership of a bank is a perfect example.
Our second generation is at a point where they know America,
yet they also know India. They look American and dress American.
They don't have the language barriers. They have the best of both worlds. Plus they
have the great Indian values and heritage. Hopefully we will soon
have an Indian-owned investment house like Goldman Sachs!
Q: What qualities or values in life do you find most important?
A: In all our dealings and decision- making, we keep in mind that
life is about people. It's the "golden rule" - treat others as you
want to be treated. Whether we're dealing with our employees, our
guests, or our financial partners, we strive to be "inclusive" rather
than "exclusive." We want to empower people. That's because when you pay attention to people,
you get a big payback - including on the bottom line. We also try
to give back - both to America, the country that is our home,
and to India, the country that is our heritage.health and good living conditions.
Those of us who are more fortunate should help others with gifts
Q: What financial advice would you like to give to the readers?
A: This is advice in general, not specifically financial advice. As
Asian Americans, we possess a unique combination of dedicated
work ethic, strong family commitment, and rich cultural heritage
that's unmatched by most nationalities or ethnic groups. You can't
know where you are going if you don't know where you came from
- and Indians certainly have a rich history of working hard, taking
care of relatives, and respecting the past. It's this unique combination
that can help you achieve
the success you desire.
Q: Who do you consider to be a mentor and why?
A: The biggest inspirations for me were my family and the
streets of London, in that order. Our family was very close
and supportive of each other -- our parents encouraged all of
us children to grow up sharp and smart. I don't believe any
success in life comes without a person working for it, but hard
work doesn't seem like a struggle if you have the support of your family - and I
most definitely had that kind of support growing up and still have
that kind of support now.
Q: Has religion played a role in your success or your life? If so,
how?
A: One of the principals that guide me is … To honor the past
and to imagine the future. It's said memories are moments that
refuse to be ordinary. For me, that describes the role of religion in my
life - memories of special moments. Religion is part of my every
day life, not just during holidays but throughout the year. Religion brings me closer to my
family, my culture, and my past so together we can celebrate who
we are and what we have.
Q: How has education, if any, played a role in your success?
A: There is formal education provided by school and informal education
provided by life. Both are important and both have been important in my life.
For example, I had a very fortunate childhood. I grew up in Uganda as the youngest of the
four boys. I remember that our home there was surrounded by jungle -- there were no cats or
dogs -- so I was the only kid who had a monkey as a pet. Then we
moved to England when I was eight and I had to assimilate into
the British society, which was a bit of a challenge. Sometimes Indians
tend to keep to themselves. I was lucky to have Irish, Scottish and
Italian friends, from whom I learned some of the social skills
that have benefited me throughout my life. Growing up in London with my
three brothers and two sisters, I was exposed to a wide variety different
nationalities and ethnic backgrounds. I learned the best of many worlds and many cultures,
both in school and while playing soccer, which was my favorite
sport. I graduated from the London School of Business. We're a culture that believes in
education. We encourage our children to get as much school education
as possible. We often travel great distances from our home country so we can improve life for
ourselves and our families, especially our children. My parents are
a perfect example - Chandubahi and Chandrika - they arrived in
England with six children and 500 shillings after being forced to
leave Uganda.
Q: Do you feel you have missed out on anything in life?
A: Not winning a major trophy in professional soccer
Q: Is there anything you feel you
would still like to accomplish?
A: Owning a professional soccer team such as Arsenal
Q: Our readers always like to learn personal tidbits about you.
Please list the following:
A: Favorite Book: Anything to do with business Favorite Indian Movie:
Munnabhai Favorite Non-Indian Movie: Fever Pitch
Q: It may be difficult to condense it in 200 to 250 words, but please
try to summarize your life journey.
A: The journey of life is much like a soccer game … no pain, no
gain. It's a matter of proper preparation … you can't take the
shortcuts, you must put in the time necessary to perfect your
skills. As significantly, soccer taught me that even when you're down
1-0, you never give up … and it taught me to anticipate. You have
to know where the ball's going before it gets there - once the ball
reaches your foot, it's too late to decide where to pass it. The advantage
is lost. A good player plays where the
ball is, but a great player plays where the ball is going to be. The
same is true in life. Perhaps most importantly, before you leave this earth it's a
matter of how many lives you've touched and helped. I believe
firmly and fervently that we're on earth to improve each other's
lives... I try to never forget this and that's why it gratifies me so
much when I can help others. |