A Vision Re-written: How Saying “Never” Sparked 15 New Stores
Growth Article and Don't Forget Your Growth Guide
What happens when the very thing you swore you’d never do becomes the key to your biggest growth? That’s exactly what happened to one of Meridian’s standout next-gen leaders and his journey offers powerful lessons for every family business owner.
This rising leader had recently stepped into his father’s shoes and was ready to grow the company but smartly. His business was rooted in wholesale, and one thing was certain:
“I’m never going to run a convenience store.”
Famous last words.
The Twist No One Saw Coming
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One business had grown fast, but when property values dropped, his bank called him with a harsh reality: his collateral had declined, and he owed more than his assets were worth. Despite being profitable, he was deep in debt and suddenly at risk.
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– Jodi Teal, DavidsonTeal, a family business for 50 years
