Starting a business may be hard but, in my book, taking over a pre-exisiting business is much harder.
My husband, John Reynolds, took over his fathers business (Reynolds Fence Company) over ten years ago when we first met. The transition from working for a business to working on a business was interesting to see. Maybe you have to understand who John is. You see, when I first met him, he was a shy, timid guy but he had a huge heart. When his father passed away, he was forced to take over the business or sell it. I was 100% sure he was going to sell the business, being the reserved man he was but the crazy thing is, he didn’t. The day his father passed away, he changed. He went from being a timid, shy kind of guy to… Well… A man.
Since ten years ago, he has taken Reynolds Fence to new heights and I couldn’t be happier at what he accomplished. The business has went from a small local business to one of the largest fence companies in NJ. When his father was running it, they only served a small section of north NJ. Today they serve the entire state! Not only have they expanded locations but they have expanded their selection as well to include various types of fencing that they previously hadn’t, such as…
In order to expand, John took a lot of risks. In fact, about five years ago, when he was trying to open two new locations, we almost went bankrupt. It put a huge burden on us financially. I can remember praying for help and one day John got a call… It was a call from the owner of Halls Fence. He had been hearing a lot of good things about Reynolds Fence and wanted to sit down to discuss a possible merger. This was during the time when we thought we were going to be broke (seriously, we could barely pay our mortgage). That day Reynolds Fence merged with Halls Fence, as well as the companies it works with (Halls Fence Company and Bowman Fence Company).
I don’t want this post to sound too “salesy”. That’s not what I’m going for. I just want to show you that whether you start a business or take over one, it’s always going to be a journey. Even though we were about to go broke, we had faith and worked hard. If you do those two things, you can achieve your goals in life!