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July 18, 2010
And we have personal contact with almost everybody we sell to. >> but theres more. the schroggs could not get a loan when they started, so that paid them for everything. that kept them from getting too big too fast and sinking money into buildings or help and it helped them to prepare fr hard times. >> you didnt have the loan money to work with, but you also didnt have the debt to be saddled with. >> with us, since weve always worked out of our pocket and made our cash flow work. we werent hit w...
April 20, 2010
The shrogs could not get a loan when they started, so they paid for everything. that kept them from getting too big, too fast, or sinking money into buildings or help, and it prepared them for hard times. so, you didnt have the loan money to work with, but you also didnt have the debt to be saddled with. >> thats correct. with us, since weve always worked out of our pocket and always made our cash flow work, i think we werent hit with that when all the banks started tightening up on their money....
April 20, 2010
Big, too fast, or sinking money into buildings or help, and it prepared them for hard times. so, you didnt have the loan money to work with, but you also didnt have the debt to be saddled with. >> thats correct. with us, since weve always worked out of our pocket and always made our cash flow work, i think we werent hit with that when all the banks started tightening up on their money. >> reporter: at wichita state, the small business development center says such homegrown success stories are cr...
April 20, 2010
Worked out of our pocket and cash flow work, i think we werent hit with that when all the banks started tightening up with all their money. >> reporter: at wichita state the development center says such homegrown success stories are critical to the states rebound. because, david may says, only a tiny fraction of new jobs come from out of state companies moving in. so what makes the difference between a small business that succeeds and one that does not? >> i think the biggest thing is probably c...