Avoid the seven business potholes

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. If you don’t have a good handle on how the foundation is going to handle the weight of the trucks, airplanes, etc., that will be on the top of the asphalt, you won’t know what hidden surprises will eventually show up on the surface (potholes and sinkholes are two of the big ones). When giving talks on business leadership, he extends the soil analysis to running a business: “what you have underneath will eventually show up on the surface.”

Ken listed seven potholes for which entrepreneurs need to be on the lookout (I’ve taken some liberties to keep this posting short)…

Read the rest at the Washington Business Journal...