By: Greg Trotter
Michael Binstein is terrified.
When he took the reins of Binny’s Beverage Depot some 20 years ago after his father’s death, the former Washington, D.C., journalist didn’t know anything about running a business. Today, Binny’s is the largest liquor store chain in Chicago and Binstein knows plenty. That’s why he’s scared.
“When we stop being scared and start being arrogant and cocky, the consumer gets screwed,” said the 59-year-old CEO. “The free enterprise system only works if guys like me are scared.” [Read more…]
Source: Chicago Tribune