And I did. So I decided that I was going to get into the transportation business. And so I borrow $50,000, and I went to Florida, lived in a 26-foot travel trailer the campground. I couldn't even afford to rent a house. And I started my transportation company.
Now talking about broke. I don't know if you've ever been broken in your life. I was so broke. I couldn't pay attention. That's pretty broke ain't it? But, I had a dream - and so I'd go to my little Truckstop office every day and work. And I was scared. Oh man, I was so scared, but I had a dream and I knew I had to do something for my family.
I remember taking my lunch to work and, in order to eat it, I have to put the phones on hold for a minute and just close my eyes a minute, just to catch my breath and, and go again. But my new, my model was disruptive in the industry and it continues to be so today 35, 40 years later, because the model I started in Florida, they're still using today of seeking. Seeking the freight from the person to constantly who is purchasing the freight in the first place.
So anyway, had $50,000 and after, three weeks or a month or so I was out of money. And boy, if you don't have any money, you don't have a business. And so I saw this company that was financing receivables, for our line of credit. And I called him on the phone and gave him my business plan and they were rude to me. And so I said, you know, gosh, I have a great business plan. I just need somebody to believe in me and - I'm sorry, we can't help you - and so that thing just started eating at me and I said, they didn't even give me a chance to explain it to them. And so I said, you know what, I'm going to go see them.
So at the time, I had an old Pontiac station wagon with the wood - plastic wood siding - fake wood siding. And I decided to drive in my car from Florida to Atlanta, Georgia, a 10-hour drive at night, and I took a coat and tie and a shirt, and I slept in my car, (listen to this story) - slept in my car I wake up in time to shave and shower and put on my shirt and tie at a truck stop. And at eight o'clock in the morning, I'm sitting in the office of these financial people that I'm trying to get a line of credit from.
The guy walks into the office and says I don't have an appointment today and I said: "no, sir. I said I don't have an appointment, but I said, I drove all the way from Florida to see you, because I didn't think I had a chance to explain my business to you. And if you just give me a chance, I'm just looking for somebody to believe in me" - says, okay, son, I'll give you 15 minutes.
And so, we went back in his office in 15 minutes - turned into three hours. He was fascinated with my tenacity. With my will to win with my determination, with my business plan. And he says, gosh, if everybody was this determined to do business with us, he said, we'd have a great business. He says - son, how much line of credit do you need?
And, I knew from experience that I would ask for twice as much as I needed. And so I said, okay, I need a, $300,000 line of credit to grow my business. He said, okay, I'll give you 180,000. I started saying under my breath, I was saying, thank you, Lord. And so I took that 180 line of credit. I went back to Florida. I kept building my business. And after that, we never looked back. In fact, the gentleman who gave me the line of credit would even in the years later called me in and asked me to give him advice on other companies in our sector of business and how I was doing so well and others weren't.
And so it was just amazing. I've been this grew and we would have a triple growth overgrowth every year. And we were in a vertical pole. I've been, this was just rocking and we were hiring people. It was so much fun and things were really rolling.
And twenty-five years later, I looked back at the company. I started in that one-room Truckstop office - and it was the eighth largest refrigerated transportation company in North America. We had created a giant, we had created a giant with $180,000 credit line and a dream. And a dream! And so we were doing a 189 million in annual sales, annual revenue, running 1500 trucks with 2000 employees, 23 terminals all over North America and our business we're just growing leaps and bounds.
And so I look back at that experience and I said, you know, how did I get to where I am? And the way I got there, was having a dream, but also failures and disappointments along the way...