Jacob Wright is a successful entrepreneur in many realms of the hospitality industry. A serial entrepreneur who started his first business at age 18, Wright has founded and led successful businesses in the action sports, website development, real estate development, restaurant and hotel industries. He is co-founder and president of Action Companies Group, which develops, manages and owns restaurant and hotel properties. From his base in Syracuse, N.Y., Wright leads a team of 200 associates who are now focused on building leadership in the limited-service hotel segment.
Probably, the hardest part of the business plan is always the projections. You see data from large companies like Marriot that have done studies on their studies. You've got about a 50-50 chance even though they have got some of the smartest people in the world. If you can find a way where you ca...(Full transcript available to logged in subscribers.).
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