Ann Michele Worrall IEP'97Mar
Entrepreneur in residence at LHQV
Additional Information
Biography
LHQV concept was hatched during the ‘96 Olympic Games developing lodging solutions for global events where the demand is larger than the supply of accommodations by providing portable and mobile hotels.
It then morphed into a scalable, affordable, quick build eco-friendly building processes for pre-fab residential, commercial and industrial use made from recycled waste materials powered by geothermal and solar energy. These processes are portable and temporary to permanent and can be made into one unit or hundreds.
One key achievement was flying all over the world interviewing international architects (Argentinian, Japanese and German) and finding a match with one architect who had three PhD’s, one from MIT.
I heard him speak on a French radio show and flew to meet him. When I arrived, we both were wearing black outfits with red watches!
Another achievement was becoming an award winning business school Professor for professionalism in eight European Universities to support myself after deciding to self-fund after contacting 300 Venture Capital firms. I would lecture 12 hours a week and read 50-100 books a year while developing LHQV. Also, my students were thrilled to do research on an emerging market niche and trend, which also served me well.
Having persistence, tenacity and perseverance over a 27 year development phase served me well especially when people thought I was crazy when coming up with a portable hotel concept 27 years ago.
One of my friends who is CEO of a unicorn doing temporary structures for global special events, has followed me since almost the beginning knowing I was onto something. One day having coffee together, I said to his team that they would be getting a phone call one day requesting accommodations for
10, 000 hotel rooms. They all just laughed at me! Then he called me when Rio won the rights to host both the World Cup of Soccer and the Olympic Games requesting 10, 000 rooms!
The market is now ripe to launch a global licensing program with a multinational company to get these affordable building processes scaled in the public domain.