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Here at Lendio, we help thousands of people find the right small business loan for their company. We had the privilege of working with Rob Scott, the CEO of XSI. We interviewed him about his experience starting a business, and how Lendio helped him find the right business loan options. You can watch the video above or read the transcript below.
My name is Rob Scott, CEO of XSI. I’ve been in sports my whole life. From the time I was a little kid playing football with my dad or friends or playing competitively at school. I love boxing, fighting, football, basketball, you name it. I eat, drink and just love sports.
I got hurt one day practicing and that pretty much ended my dreams of becoming a professional football player. So I dropped out of high school and started working right away. When I was about eighteen, I got recruited and started selling insurance. I loved it because it was the same type of challenge that sports brought. It was exciting making sales, learning the business and it was tough but I enjoyed it. I enjoyed the challenge.
It was – tough but I was never willing to give to give up. During that time, I maintained playing sports. I competed in boxing with USA boxing. So I was training for a fight, sparring quite a bit and I didn’t wrap my hand correctly which I’ve done this a hundred times, thousands of times and I punched the wrong way and it broke my hand. So I was thinking I’m fine. I’ve got insurance. No big deal. And then I come to find out $2,000 or $3,000 later to get my hand fixed. The insurance I thought I had wasn’t actually there to pay all those extra costs.
So XSI was born shortly after. In the process of creating XSI, I thought “what a great mix”. I love the challenge that insurance brought. I love the competitive nature of sports and I was able to take this product and put it together. There was just nothing out there that covered athletes and I thought athletes get hurt. They need insurance. They need things that cover them but they also needed it to be affordable. As XSI started to grow and expand, we wanted to invest in other areas and continue to grow the brand. And we thought what better place than to have a sports complex where we’re able to take the same passion that I have for sports and the passion for other people that love sports and keep growing.
We have boxing, and we have track, and we have football, and we have basketball, and we have weight lifting, and volleyball and any type of sports that you can think of. This facility is just the combination of all things we started. As we were trying to grow our business, we were looking at different types of financing options. There’s a lot of different things that we were unaware of and we came across Lendio. It was such a simple way to get funding and easy to understand. And they were able to point us in the right direction.
“With Lendio’s great options, we were able to take some of these ideas and where we wanted to end up and actually go to the next level.”
What I love now is that I’m able to do all of these things, all the stuff that I love, the passions and I have the time and the financial freedom to be able to go and do it. What I found, business is a lot like boxing. When you’re training for a match, there’s going to be days that are hard and you don’t want to get out of bed, and you don’t want to run, and you don’t want to hit bags, and you don’t want to keep training, and you’re dying and all those things, and you’ve got these things stocked up against you. But you know that if you work hard, you train hard, you focus hard, you’re going to have the best chance of success in the ring just like in business. My name is Rob Scott, CEO of XSI Incorporated and I live the American dream.
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