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How One Entrepreneur Hit Rock Bottom Then Climbed to the Top

This story appears in the May 2015 issue of Entrepreneur. Subscribe »

After taking on the nightclub business in the 1970s, including creating the legendary Studio 54, Ian Schrager turned to hotels. His successes have included New York's Morgans and Royalton; Miami's Delano; the Mondrian in West Hollywood; and Sanderson London. His Ian Schrager Company has a partnership with Marriott International for Edition Hotels.

2015 Gillian Zoe Segal
Ian Schrager

The following is an excerpt from a personal essay by Schrager to be published in Gillian Zoe Segal's new book, Getting There: A Book of Mentors (Abrams Image).

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