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Volume 70, Issue 90,
February 11, 2005
News Stephen Pinchback/The Daily Cougar Jim "Mattress Mack" McIngvale encouraged students to use their education to "make a connection" with the community during a talk Thursday at the University Center. 'Mattress Mack' gives scholarship opportunities By Sarah Morgan
The Bauer College of Business announced the creation of a new scholarship in honor of Jim "Mattress Mack" McIngvale on Thursday after McIngvale gave a talk encouraging students to make a difference in the community through hard work and service. The 2005 Jim McIngvale scholarship will be awarded to a student in recognition of outstanding accomplishments in the Bauer business program. "We've all been taught to think big ... but Mr. McIngvale is living proof that thinking big when it comes to giving back to the community -- that's what true leadership is all about," said Latha Ramchand, an associate professor of finance who helped present a plaque to McIngvale commemorating his contribution. McIngvale's charity is well-known in the Houston area. His charitable work includes furnishing the houses of families that have suffered personal tragedies and raising money for the Bush-Clinton fund for tsunami victims. McIngvale's speech at the University Center touched on a few of his good deeds, but he also gave a few secrets to success, complete with anecdotes. He told the audience a story about a man who wanted to fit a big-screen television up a flight of stairs with a ceiling that was 2 feet too low. The customer ended up knocking down part of a wall in his house, and McIngvale's delivery men ran the television up a ramp from the top of a delivery truck to the second floor of the man's house. "We made $600 on the TV," McIngvale said. "It cost us $3,000 to deliver it ... We're in the customer business. Those customers deserve all of our attention." He used this story and others to encourage students and faculty to "make a connection." "Go out there and get yourself an education. Use
that education to make a lot of money. Use that money to make a lot of
difference," he said.
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