Don’t hit anything you can’t see
Washington Business Journal by Ingar Grev, October 11, 2010
When I was a submarine officer on
the USS Philadelphia (SSN-690), I learned the two most important rules of navigation: Rule No. 1: Don’t hit anything you can see, Rule
No. 2: Don’t hit anything you can’t see. Although these rules are obvious, they do capture the essence of navigating a ship
at sea…
Business wisdom from Ted Leonsis
Washington Business Journal by Ingar Grev, October 19, 2010
I have an affinity for listening to the “how I did it” stories of leaders. It’s one of the reasons I volunteer with the local chapter of The Entrepreneurs Club of America. Rather than just getting a pedagogical list of "how-to’s" (who wants to be preached to?), a story allows us to…
Marketing priority No. 1: Hold on to your customers
Washington Business Journal by Ingar Grev, October 28, 2010
I was out buying
a bike for my son’s birthday over the weekend, and I was planning on going to the same store where I bought all the bikes in our family:Bike Doctor of Crofton. The shop is one of eight independently owned Bike Doctor franchises throughout Maryland. (The headquarters
is in Arnold.) One of the incentives the shop offers…
Don’t get trapped by your business
Washington Business Journal by Ingar Grev, November 4, 2010
This article from The Wall Street
Journal, brought to mind the issue that every business owner needs to plan for: exiting the business. Author Steven Covey popularized
the concept of beginning “with the end in mind” in his book "The Seven Habits of Highly Effective People", and it’s a concept that
most business owners don’t put into practice
Avoid the seven business potholes
Washington Business Journal by Ingar Grev, November 16, 2010
I listened to local businessman Ken Kessler share some lessons from his entrepreneurial journey at a luncheon a few days ago. Ken founded and later sold a company named Kessler Soils Engineering Products Inc. A big part of their worldwide business is evaluating the condition of the soil upon which someone’s planning to build a road or a runway.
Washington Business Journal by Ingar Grev, November 23, 2010
A few weeks ago I wrote about Google CEO Eric Schmidt’s interview with The Wall Street Journal, where he stated that he didn’t see Facebook as a competitor to Google (see “Don’t Hit Anything You Can’t See”). My observation was that Schmidt was either being naïve or coy about his firm’s strategy (I believe the latter).