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Like many new business owners, Mr. Steele faced initial challenges. In the early stages, he ate PB&J’s every night and took out loans to cover expenses. That’s when Armed Forces Bank helped him the most. He says the overdraft protection system saved his life during those times.
Most recently, Mr. Steele faced the hurdle of navigating the COVID-19 pandemic. Given that Martial Arts is a sport with close physical contact, retaining clients became challenging. However, with the support of the community and the aid of technology, he was able to teach classes online until they could re-open the studio.
For those of you who are thinking about opening their own business, Mr. Steele says “Take the risk!”
In the future, he hopes to expand his business by opening a second location and hosting more Martial Arts events. Our team at Armed Forces Bank will be rooting for Mr. Henrico Steele to achieve his goal.