Business Banking
Personal Online Banking
Entrepreneur's Exchange

Real World Chronicles

Entrepreneurs are jacks of all trades, balancing managing their small business, marketing, finance, sales and so much more. We've created this resource to help Maryland's busy entrepreneurs navigate the many challenges they will face as they journey from business creation to expansion and beyond with the exchange of ideas and best practices. We encourage you to share our articles and contact us to help you take your business to the next level.



Topics of Interest


Succession Planning by Michael Paul Smith and Mariela C. D'Alessio of Smith, Gildea & Schmidt 

Leasing Medical and Dental Office Space by: Stacie M. Dowling of Summerfield, Willen, Silverberg, Limsky, LLC

Managing Cash Flow by: Deborah L. Matz of Bay Bank


Entrepreneur Stories


Pierre Abushacra, Bay Bank Board Member and CEO of Firehook Bakery




 Pierre Abushacra
 CEO, Firehook Bakery

  Learning to Depend on Others


Starting a business is exhilarating, but it can also be overwhelming. I remember all too well the sleepless nights and stressful days of Firehook Bakery’s inception.Twenty five years of business success has taught me something I wish I knew then: effective leaders must delegate.







Michael Chiaramonte President and CEO of Michael J. Chiaramonte & Associates




 Michael Chiaramonte
 President and CEO of Michael J. Chiaramonte & Associates

 Finding a Calling Instead of Just a Career


One of the most important parts of any business or venture is the “why.” If you do not know why you are doing something, it is often difficult to maintain the high levels of motivation it takes to be successful.







Hal Hackerman  Director, Ellin & Tucker, Member of Bay Bank Board of Directors




 Hal Hackerman
 Director, Ellin & Tucker, Member of Bay Bank Board of Directors

Turning Challenges into Opportunities


After more than 43 years of business success, spending 32 of those helping establish Ellin & Tucker as one of the largest accounting firms in Baltimore and aiding countless entrepreneurial clients grow their own businesses along the way, I’ve learned a thing or two about what works for companies and what doesn’t.  





 Joe Thomas  President & CEO of Bay Bank, F.S.B.




 Joe Thomas

 President & CEO of Bay Bank, F.S.B.

Four Lessons for Entrepreneurs


With a 30-year career that spans corporate and investment banking, private equity, and running a family Angus cattle farm, I’ve seen my fair share of ups and downs, as well as the ins and outs of what makes a successful business. Here are four key things I’ve learned along the way.






Mark Caplan   President and CEO of The Time Group, Member of Bay Bank Board of Directors




  Mark Caplan
  President and CEO of The Time Group, Member of Bay Bank Board of Directors

  How to Find Success as an Entrepreneur


There are multiple paths to becoming a successful entrepreneur. And success can be affected by numerous factors, from environmental influences to outcomes of decisions made along the way to a little bit of luck. When I was younger I may not have said my sole desire was to be an entrepreneur. But I always felt comfortable assessing risk - a key requirement.






Case Studies



  Mann-Pak Case Study

 Local Manufacturing Company Mann-Pak Celebrates 30 Years in Business


In 1987, after a very successful 30-year career in the manufacturing business, Joseph Manning decided to start his own company. He founded Mann-Pak with the goal of building relationships based on integrity,accountability, reliability, and innovation.








  Poole Landscaping Case Study

 Discover Creative and Flexible Business Financing Solutions

In 2014, after a very successful 28-year career in real estate development and property management, Mike Steiner decided it was time to become a business owner. For years, Mike’s business mentor, John Gaburick, a business owner several times over himself, counseled Mike on becoming an entrepreneur. 











Planit Case Study

A Big Move Powered by A Great Relationship

After a period of tremendous growth, Planit, Baltimore’s leading branding agency, needed more space. But not just any space. Co-founders Ed Callahan and Matt Doud wanted their company’s new headquarters to make a serious impact on its 100+ employees, its valued clients, and the community.








 Entrepreneur Videos


A Video Conversation with Joseph Thomas, President and CEO of Bay Bank - Part


Joe Thomas

Chairman, President & CEO of Bay Bank, F.S.B.

A Video Conversation with Joseph Thomas, President and CEO of Bay Bank

Joseph Thomas is president, and CEO of Bay Bank, as well as a founding shareholder of Bay Bancorp, its parent company. Since its establishment in 2010, Bay Bank has grown into one of the largest and most successful community-centric financial institutions in the Baltimore region, providing both personal and business banking services such as savings, loans, cash management, and commercial lending. Here is more information on the future of Bay Bank after our recent merger.