A 37-year-old entrepreneur who once racked up $5,000 in parking tickets has revealed how he turned his frustration into a $1billion business idea.
Mark Lawrence was working as a financial analyst at Bank of America when he became fed up with having nowhere to park in downtown .
After getting laid off in 2010 during the banking crisis, he launched the app SpotHero which lets people with private parking spaces rent them out.
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