In my travels I find that many businesses today are owned by a person or persons that know nothing about the business they own. Some own several businesses and in many cases these people attempt to micromanage a business that they know nothing about.
I think a lot about business-related issues, and do my share of writing about them in this space and on my blog at www.thedriller.com. Recently, I wrote a post there discussing the limits that small and mid-sized contracting firms face as they attempt to grow.