Uploaded November 2016 | Updated September 2026, 57 minutes ago
Bill Crutchfield, founder of Crutchfield, talks about the obstacles he faced in growing his business and acquiring capital. In the beginning, with no existing credit and capacity, Crutchfield used his good character to secure a $25,000 line of credit; from then on, he focused of profitability through efficiency and "extreme frugality."
Bill Crutchfield, founder of Crutchfield, talks about the obstacles he faced in growing his business and acquiring capital. In the beginning, with no existing credit and capacity, Crutchfield used his good character to secure a $25,000 line of credit; from then on, he focused of profitability through efficiency and "extreme frugality."








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