(Mar 14, 2012, AfricaNews)--In the Washington, DC area, Ethiopians are especially known for being entrepreneurs, especially in the restaurant, parking and security industries. One man who is ahead of the pack and stands out as a leader and employer to many is Ethiopian born DC Parking lot Czar, Henok Tesfaye.
I was recently opportuned to meet this inspiring and exceptionally busy Ethiopian born business mogul who is the President and CEO of U Street Parking Inc, a company which generates a sizeable amount of tax revenue for DC at the recent Young African Professionals meeting, which was held at his mother's magnificently decorated upscale Ethiopian cuisine restaurant, Etete Restaurant.
While networking with fellow young professionals interested in Africa, we sat down to discuss how in spite of being an immigrant with many challenges, he made it to the top of DC’s parking industry, and how he continuously works to grow his business.
He also shared nuggets of wisdom, so others can learn from his experiences and avoid some costly mistakes he made. Below are excerpts from the interview:
Who is Henok Tesfaye?
I was born in Ethiopia and came to the US in 1990 at 17 years old with $50 in my pocket.
Why did you come to the US?
I came to receive my higher education, which I started in the ninth grade. I also came to have a safe and secure environment, and better future employment and business opportunities. Read more from AfricaNews »
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| (Photo by Dayna Smith) |
While networking with fellow young professionals interested in Africa, we sat down to discuss how in spite of being an immigrant with many challenges, he made it to the top of DC’s parking industry, and how he continuously works to grow his business.
He also shared nuggets of wisdom, so others can learn from his experiences and avoid some costly mistakes he made. Below are excerpts from the interview:
Who is Henok Tesfaye?
I was born in Ethiopia and came to the US in 1990 at 17 years old with $50 in my pocket.
Why did you come to the US?
I came to receive my higher education, which I started in the ninth grade. I also came to have a safe and secure environment, and better future employment and business opportunities. Read more from AfricaNews »
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