Page 419 -
P. 419

CASE 2 • MERRYLAND AMUSEMENT PARK — 2009  15

              insurance costs were equally challenging. In late 2007, Alan Steinberg, now 85, and
              Samantha Steinberg, herself 87 years old, again had full control of the park and desire a
              minimum of $2 million this time around.
                  “It has to be cash,” Samantha stated adamantly. “This time there is no leasing or
              holding the note.” She did quickly add that she and her husband, however, would consider
              proposals to do something else with the undeveloped land, such as building a corporate
              headquarters, expanding the park, or some other kind of development opportunity.
                  Although Merryland only closed its doors in 2009, it has since become a target for
              vandals, with more than 20 break-ins recently reported. Police arrested two men a month
              ago after they found spray-painted swastikas and other graffiti on buildings. “They were
              really reckless,” Alan Steinberg lamented. “They turned over ticket booths, broke into the
              office, and threw furniture out the windows.”

              Tony, Just Another Hard-Working Entrepreneurial Guy
              Born in Chesapeake, Virginia, Tony graduated from the University of Richmond with a
              double major in economics and accounting. He served as president of his fraternity and
              improved the overall quality of the food, house services, negotiated better utility rates, and
              achieved all of it without having to increase monthly member rent rates.

              Tony’s Love for the Summer Camp Kids
              Between his freshman and sophomore years, one of Tony’s fraternity brothers hired him to
              work during the summer at an eastern Virginia youth camp. It didn’t take long for Tony to
              work his entrepreneurial magic again. He was instrumental in helping the camp managers
              get a grip on cash flow and a better system of managing camp expenses. As he imple-
              mented his new marketing initiatives, they quickly measured increases in both new
              campers and the subsequent revenue generated from the steady increase in the number of
              camp attendees.
                  He was the leader, the hero, and garnished the attention once again. The campers
              loved the camp programs, the parents loved the camp, the camp managers loved Tony, and
              Tony discovered that he really, truly loved working with the kids. The camp finally had a
              brand identity in the marketplace, a focus, and was gaining a positive reputation through-
              out the community and state. Although Tony enjoyed working with the camp managers, he
              soon found that his one true camp love was working with the actual campers. He especially
              thrived from seeing kids with disabilities tackle their obstacles and discover their unique
              talents. The corporate sponsorship opportunity he created significantly increased the num-
              ber of kids who could finally attend the camp. Working with “his kids” would often cause
              him to tear up as he watched them learn about their special abilities and skills.
                  His love for the kids and his ability to make them happy made this the perfect summer
              job throughout his college career. Sure, the pay wasn’t the best, but he got to work with his
              fraternity brothers. Tony was able to maintain as much fun off the clock as he had during the
              day with the kids. His “panty raid” attempts occasionally sparked the ire and disdain of the
              women counselors who felt he should have long outgrown such childish pranks.
                  Graduation from the university landed Tony the position of business manager for the
              camp. The work was fun but didn’t allow the level of daily involvement with the kids, and
              he sorely missed that. His position did, however, bring him into increased contact with
              Jennifer, and she actually seemed to be “warming” up to him. Managing a not-for-profit
              organization put a cap on his entrepreneurial drive and prevented him from deriving finan-
              cial dividends from the increased profits he brought to the operation. He was far more the
              capitalist, with the desire to be rewarded for a job well done. Without the creativity and
              opportunity to innovate, he quickly lost motivation—especially in light of the lack of
              financial gain.

              Tony as a Showbiz Pizza Business Manager
              The job as a business manager for a Showbiz Pizza franchise in nearby Camden, Virginia,
              got Tony’s entrepreneurial DNA quickly engaged again. The franchise was a combination
              pizza parlor, game room, and bar. A local favorite for children’s birthday parties and a
   414   415   416   417   418   419   420   421   422   423   424