Black Enterprise did a feature on yours truly regarding the tactics and challenges I used to build the company.
“It’s definitely a balancing act,” says Elijah Shaw about running Icon Services Corporation. As President and CEO of the St. Paul, Minnesota-based full service, security and investigative agency, specializing in executive and VIP protection, Shaw knows a thing or two about creating a multimillion-dollar company. Here, the 34-year-old offers strategies for taking your business to the next level.
Plan B with A. Before he started Icon Services, Shaw knew he wanted a corporate structure that would also generate revenue without his direct involvement. For example, one of Icon Services’ biggest clients is Ford Motor Company, which uses Icon Services to handle background checks. “If I’m going to be in this high-risk industry, I was at least going to have a backup plan in place,” he says.
Think unconventionally.Shaw encourages entrepreneurs to look outside the box. “Just because everybody’s doing everything the same way, does not mean you have to as well. “Approach things a little bit differently,” encourages Shaw. “You don’t have to recreate the wheel, but just take a look at what people in other industries are doing and ask yourself: How can I apply it to whatever my business plan is?”
Click on the above text For more of the online segment. For the full piece check out the March 2008 issue of Black Enterprise Magazine on newsstands now.