Ending Soon! Save 33% on All Access

#41: Careba Power Engineers LLC First-year challenges didn't stop this company from making it on our Hot 100 list.

By Steve Cooper

Opinions expressed by Entrepreneur contributors are their own.

Company: Careba PowerEngineers LLC, a Needham, Massachusetts, power engineeringfirm
Founders: Larry Sullivan, NizomGhantous & John Davenport, 54, 56 & 42
Began: June 2001
2001 Sales: $2.1 million

Why did you start thisbusiness?
Larry Sullivan: I no longer wanted to work where we were andthought the market was ripe for a power engineering venture.

Careba Power Engineers LLCDo you haveany interesting start-up anecdotes?
John Davenport: Who else would start a business and, in thefirst six months of operation, have September 11 and the Enronfiasco? Sullivan: We would, we would.

When did you feel you madeit?
Sullivan: When we landed a major power engineeringassignment last November with an EPC contractor in the Midwest.

What business philosophy do you liveby?
Sullivan: Perform with an intense sense ofurgency--immediately convey bad news as well as good (to clientsand our employees). Do and be the very best that we can to ourclients and employees and their needs.

Back to the Hot 100

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Social Media

How To Start a Youtube Channel: Step-by-Step Guide

YouTube can be a valuable way to grow your audience. If you're ready to create content, read more about starting a business YouTube Channel.

Growing a Business

Want to Expand Your Market Overseas? Here's Everything You Need to Know About Global Logistics in 2024

With rising geopolitical tensions and changing market conditions it can be hard for businesses to navigate supply chain logistics even in a post-pandemic world. Here are three tips from the CEO of an international customs brokerage.

Business Ideas

63 Small Business Ideas to Start in 2024

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2024.

Business News

Elvis Presley's Granddaughter Fights Graceland Foreclosure, Calls Paperwork 'Forgeries'

The 13.8-acre estate was scheduled to be sold in a public foreclosure auction on Thursday. Presley's granddaughter and heir, Riley Keough, is fighting to save Graceland in court.

Business News

Kickstarter Is Opening Up Its Platform to Creators and Making Big Changes to Its Model — Here's What's New

The company noted it is moving beyond traditional crowdfunding and making it easier for businesses to raise more money.