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SINK OR SWIM | How a Native Cosmetologist Went From Student to Salon Owner with Help from Sequoyah Fund, Inc.
Manage episode 433170719 series 3572787
Inhoud geleverd door Host: Elyse Wild | Producers: Native CDFI Network, Tribal Business News, Host: Elyse Wild | Producers: Native CDFI Network, and Tribal Business News. Alle podcastinhoud, inclusief afleveringen, afbeeldingen en podcastbeschrijvingen, wordt rechtstreeks geüpload en geleverd door Host: Elyse Wild | Producers: Native CDFI Network, Tribal Business News, Host: Elyse Wild | Producers: Native CDFI Network, and Tribal Business News of hun podcastplatformpartner. Als u denkt dat iemand uw auteursrechtelijk beschermde werk zonder uw toestemming gebruikt, kunt u het hier beschreven proces https://nl.player.fm/legal volgen.
In 2008, the salon where Julie Painter worked at while she was a student in cosmetology school was about to shut down because the owner was leaving to work in education. Painter's options were to work at a different salon two hours away in Asheville, N.C. — or buy the Visage Salon where she worked and become a business owner.
"There were two options in front of me," Painter, a member of the Eastern Band of Cherokee Indians, said. "And I went with option two.”
Painter admits that she “was in a terrible place for starting a business” at the time. She had a low credit score and no experience running a business, but she was determined.
Then she met Russ Seagle and the Sequoyah Fund, Inc. Here's their story.
Difference Makers 2.0 is a new yearlong series that highlights how Native community development financial institutions (CDFIs) work alongside their small business clients to accelerate change and create economic opportunities in Native communities. Join the Native CDFI Network and Tribal Business News as they shine a spotlight on the people accelerating economic change in Indian Country. Read the stories here and be sure to tune into the Difference Makers 2.0 podcast.
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