Story · 6:44
// THE QUOTE
“but in order to buy the business he had no money to speak of”
— Andrew Payzant · Payzant Building Products Ltd.
Everything-on-the-line founding risk: a small loan from his father, sold the house, moved the family into a two-room place to finance the buy — lands on 'everything on the line.'
Full episode at 6:44How Payzant Home Hardware Built Atlantic Canada's Largest Independent Building Supply Fleet — and Why They Cap Commercial at 15% ▸
THE LESSON THIS CLIP CARRIES
Put your family name on the business — the personal stake forces accountability and provides extra incentive to make it work.
“call it what it is Building Products you know we put your name on it you'll be proud of it”
THE CHAPTER IT LIVES IN
Founding story: John Payzant, 1964
0:00
Clips like this, every two weeks.
SOURCE: 6:44 of How Payzant Home Hardware Built Atlantic Canada's Largest Independent Building Supply Fleet — and Why They Cap Commercial at 15%