In this episode of Deal Flow Friday, David Moghavem hosts Alan "LAZ" Lazowski, founder and CEO of LAZ Parking, shares his journey from starting a valet parking service in Hartford to building one of the largest privately held parking companies in the U.S. He discusses key moments of growth, the importance of mentorship, and the transition into commercial real estate investments, including starting LPRI, LAZ Investments, and other successful partnerships in commercial real estate. Alan emphasizes the significance of conscious capitalism, philanthropy, and the value of building genuine relationships in business. He also offers valuable advice for young entrepreneurs on resilience, integrity, and the importance of giving back to the community.
Chapters
00:00 Introduction to Alan Laz and Laz Parking
04:13 The Founding Story of Laz Parking
06:36 Key Moments and Breakthroughs in Business
14:19 Breaking into New Markets
16:04 LAZ Investments, Opportunities in Commercial Real Estate
19:22 Why Alan is Bullish on Hartford Connecticut
21:52 LPRI Strategy - Parking Lot Covered Land Plays
23:49 Dolby Theatre Acquisition
28:41 Conscious Capitalism
30:39 Being a Force for Good; Helping Others Unconditionally
32:17 How Alan's Parents as Holocaust Survivors Shaped His Outlook On Life
35:24 Facing Adversity
40:05 Paying it Forward
43:04 Having a Higher Purpose and Giving Back
CONNECT WITH ALAN at alaz@LAZparking.com