A small business success story … it’s about persistence.
For the “Apprentice” challenge on the b5media business channel this week, we are asked to submit a business success story.
This story is about a young chiropractor named Braxton. He graduated from chiropractic college over $100,000 in debt, with no personal finances to get a loan., and a young wife and baby. But he was determined to start his chiropractic practice. He went to bank after bank. Each bank turned him down. Some said “no” more or less politely, but they all said, “No way you can get a loan.” He was turned down by 9 (yes, 9) banks. But he didn’t give up. He found another bank. At the 10th bank, he was welcomed, and the banker said, “Sure, we can give you a loan.”
That was three years ago. Today he is a successful chiropractor, with an associate who helps him see all the patients, and he’s been able to succeed in a very tough city with lots of other chiropractors. If he had given up after the 2nd, or 4th, or even the 9th bank, he wouldn’t have been where he is today.
One of my favorite quotes, by Marilyn Vos Savant, sums up the need for persistence in starting a business: “Defeat is often a temporary condition. Giving up is what makes it permanent.”
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POSTED IN: Business Quotes, Starting Up
3 opinions for A small business success story … it’s about persistence.
chowtaitat
Dec 19, 2007 at 12:21 am
Braxton, congratulations on your sucess.
Yes, definitely persistence is a major factor.
Without persistence, nothing will suceed.
And always believe in yourself.
gl hoffman
Dec 19, 2007 at 10:09 am
HI…i would be very interested to learn if you have any more tips to add to my list of 100. Plus i am having a contest therehttp://blogs.jobdig.com/wwds/2007/12/10/a-complete-list-of-100-attributes-off-people-who-start-companieshow-you-can-be-one-of-americas-entrepreneurs/
Jean
Dec 21, 2007 at 9:40 am
I agree and thanks for the comment.
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