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26 Most Fascinating Entrepreneurs: Barry Steinberg
Posted By Jess McCuan On April 1, 2005 @ 12:00 am In E-Commerce | No Comments
for showing the power of the peer group

Five years ago Barry Steinberg, 59, and Craig Sumerel, 38, both successful tire retailers, ran into each other in the lobby at Pirelli. They traded war stories, griped a bit, and realized that they had so much in common that they ought to talk more regularly. That chance encounter has grown into the National Retail Tire Network, a 12-member peer group that meets for two days three times a year. “We have 275 locations, sell 3 million tires a year, employ 5,000 people, and have revenue of $500 million,” says Steinberg (above right). Some manufacturers have offered the group a bulk discount, and the Tire Industry Association’s PAC coordinator spoke at a recent meeting after a presentation on a new trend: filling tires with nitrogen instead of air. Group members, who hail from far-flung markets, could never command as much attention on their own. Besides the recognition, members gladly pay $1,200 in annual dues to be less isolated. “I can call up a competitor down the street, but we’re guarded with one another,” Steinberg says. In the peer group, everything’s out in the open, even financials.
Donna Fenn
because she took one for the team
because he’s game for anything. In fact, everything.
for being brilliantly straightforward
because who knew a big-box chain could have a generous soul?
for staging an elegant comeback
for offering hope and help to the parents of autistic children
for setting limits
because he is Edison’s rightful heir
for putting the free in free markets
because his family business makes an art of customer service
for whipping an entire industry into shape
for giving immigrants their shot at the American Dream
for rewriting the rules for husband-and-wife teams
because someone had to stand up for all those frustrated engineers
for still scrapping
because only in America will someone quit a secure job as a lawyer to start a bakery
for being a notable first with a worthy second act
for verging on reckless
for setting a completely unreasonable goal for her business
for showing the power of the peer group
for serving as a mentor to military spouses
for staying at fleabag hotels so that we don’t have to
for creating a true comfort zone
for kicking sand in the face of conventional wisdom
for saving 16 jobs, including his own
for simultaneously building a business and nurturing Latino culture
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URLs in this post:
[1] Image: http://www.inc.com/magazine/20050401/26-index.html
[2] Martha Stewart,: http://www.inc.com/magazine/20050401/26-stewart.html
[3] Richard Branson,: http://www.inc.com/magazine/20050401/26-branson.html
[4] Michael Dell,: http://www.inc.com/magazine/20050401/26-dell.html
[5] Jim Sinegal,: http://www.inc.com/magazine/20050401/26-sinegal.html
[6] Diane von Furstenberg,: http://www.inc.com/magazine/20050401/26-furstenberg.html
[7] Julie Azuma,: http://www.inc.com/magazine/20050401/26-azuma.html
[8] Fritz Maytag,: http://www.inc.com/magazine/20050401/26-maytag.html
[9] Ray Kurzweil,: http://www.inc.com/magazine/20050401/26-kurzweil.html
[10] Craig Newmark,: http://www.inc.com/magazine/20050401/26-newmark.html
[11] Jack Mitchell,: http://www.inc.com/magazine/20050401/26-mitchell.html
[12] Frank Robinson,: http://www.inc.com/magazine/20050401/26-robinson.html
[13] Mark Melton,: http://www.inc.com/magazine/20050401/26-melton.html
[14] Michelle Cardinal & Tim O’Leary,: http://www.inc.com/magazine/20050401/26-cardinal.html
[15] Mike Lazaridis,: http://www.inc.com/magazine/20050401/26-lazaridis.html
[16] Trip Hawkins,: http://www.inc.com/magazine/20050401/26-hawkins.html
[17] Warren Brown,: http://www.inc.com/magazine/20050401/26-brown.html
[18] Muriel Siebert,: http://www.inc.com/magazine/20050401/26-siebert.html
[19] Chuck Porter,: http://www.inc.com/magazine/20050401/26-porter.html
[20] Katrina Markoff,: http://www.inc.com/magazine/20050401/26-markoff.html
[21] Barry Steinberg & Craig Sumerel,: http://www.inc.com/magazine/20050401/26-steinberg.html
[22] Victoria Parham,: http://www.inc.com/magazine/20050401/26-parham.html
[23] Tom LaTour,: http://www.inc.com/magazine/20050401/26-latour.html
[24] Mitchell Gold & Bob Williams,: http://www.inc.com/magazine/20050401/26-gold.html
[25] Izzy & Coco Tihanyi,: http://www.inc.com/magazine/20050401/26-tihanyi.html
[26] Tony Lee,: http://www.inc.com/magazine/20050401/26-lee.html
[27] Rueben Martinez,: http://www.inc.com/magazine/20050401/26-martinez.html
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