What happens when the project you bet your company on takes a six figure loss?

In Episode 2, Reggie and Tanora Polk pull back the curtain on the part of business nobody posts about. Early in Polk and Associates Construction, they underestimated a project and ended up owing six figures. It almost broke the company. Years of beans and rice, lean payroll, and praying through Friday paychecks followed. What pulled them through was a line of credit they had set up before the storm, a personal house already in order, a wife who chose encouragement over bashing, and a faith that did not remove the pressure but gave them the strength to endure it.

This is the conversation about marriage, business, and the long road of building something that lasts when the wins are still years away.
In this episode:

00:00 Intro
01:02 Welcome back. Bridesmaid duty, baby fevers, life check in
05:10 Why we wanted to talk about what nobody else posts about
06:18 Trust the process. But the process has to be accurate
08:48 Entrepreneurship magnifies your personal weaknesses
09:53 Let me tell you about the potholes I stepped in
11:11 Marriage and business is the ultimate pressure cooker
11:32 The six figure loss
13:48 The business line of credit that saved us
16:23 Having your house in order
17:11 The beans and rice years
22:53 Sometimes your best bid is a no bid
23:38 Overhead rates and the true cost of running a business
28:23 Sometimes trying to save money will cost you money
30:03 Faith didn't remove the pressure. It gave me the strength to endure it
33:50 We get to provide a life for other people. That's humbling
36:34 Legacy takeaway: Proverbs 22:1, a good name is rather to be chosen than riches
40:00 Wrap

Building Family Together is hosted by Reggie and Tanora Polk, married 25 years, parents of nine, founders of Polk and Associates Construction in Nashville, Tennessee. New episodes every two weeks.

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