Financing ABS

ABS was started as a partnership. Garrett Marek had the idea and two other men had the money!
Garrett has committed his time in creating and developing the business, its employees and its processes. The other two men, whose names I was not given, both already worked in the fitness industry. One was the owner of a different personal training company in another area, and the other owned a few local gyms (which ABS is now located in.) They have provided Garrett with the financial backing to implement his idea for a successful business.

I was not made aware of how the other two men came up with the money needed to start ABS.
However, they could have used their own savings, the money generated from their other businesses or even business loans.

I found this situation with ABS to be very motivational. Garrett Marek did not have the money to implement his business plan on his own. Instead of taking on the entire financial burden himself, he was able to find two men who believed in his idea and his ability to execute it enough to finance him. Since I do not have a family business to go into or the savings to financially back a business venture, it is motivational to know that there REALLY are people out there who will help if they truly believe you are capable of making them money with the business!

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