Tuesday, 28 January 2014

Dotcom millionaire who lives in a hotel

Neil Patel is a 27-year-old tech millionaire who lives in a Seattle hotel.

Serial entrepreneur and dotcom millionaire, Neil Patel can afford to be picky about his choice of luxury residence.

But instead of a country mansion, penthouse apartment or gated community in the suburbs, the founder of internet start-ups KISSmetrics and Crazy Egg has set up home in a location he says best suits his hectic work schedule -- the Hyatt Hotel in downtown Seattle.

"I bought a place in a hotel because its convenient for me," says the 27-year-old, who often finds himself working more than 70 hours a week.

I don't know how to cook or clean and I make more money if I focus on work rather than on the other stuff in life.

"I don't know how to cook or clean and I make more money if I focus on work rather than on the other stuff in life. Staying in a hotel where all these things are provided enables me to do that," he adds.

Patel has become accustomed to life on the road in recent years. He says in the later part of the last decade he spent as many as 50 weeks a year traveling to promote his business interests, which meant staying in hotels.

But he adds that the complimentary services afforded him in these places enabled him to work longer hours and focus more on growing his companies.

So when he moved move to Seattle in early 2009, Patel decided to make his home in a luxury apartment that is part of the Hyatt at Olive 8 complex -- letting him transfer the best aspects of this nomadic lifestyle to his permanent residence.

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