❤️ Why Patience Is a Business Skill — A Personal Chapter in the SOS Louisiana Journey
Share
There are parts of the business journey nobody warns you about.
Not the paperwork.
Not the numbers.
Not the negotiations.
It’s the quiet moments.
The waiting.
The uncertainty.
The space between doing everything right… and hearing nothing back.
Over the last few months, I’ve lived in that space.
🛠️ The Mission That Started It All
When I launched SOS Louisiana, it wasn’t just a business idea.
It was a promise.
A promise that Louisiana’s legacy businesses deserve to stay in Louisiana hands.
A promise that owners who spent their lives building something shouldn’t have to walk away alone.
A promise that our stories — our shops, our workshops, our family businesses — matter.
That promise led me to a specialty construction company owned by a man who poured decades of sweat, pride, and craftsmanship into his work. He was ready to retire, but he wasn’t ready to see his life’s work disappear.
We talked for hours.
We walked his shop.
We reviewed every detail.
We built trust.
And then came underwriting.
⏳ The Weight of Waiting
If you’ve ever gone through an SBA-backed acquisition, you know the waiting isn’t quiet.
It’s emails.
It’s follow-ups.
It’s document requests.
It’s questions that lead to more questions.
It’s silence that feels heavier than noise.
Patience becomes more than a virtue — it becomes a discipline.
A decision to stay steady when your emotions want to sprint.
A commitment to preparation even when progress feels slow.
And then, last week, the moment arrived.
⭐ The Turning Point: Our Credit Memo Is Approved
After weeks of underwriting, the bank issued our credit memo.
That single decision changed everything.
It means the bank believes in the deal.
It means the SBA is backing it.
It means we’re officially cleared to move forward.
I didn’t celebrate with fireworks.
I just sat there for a moment and let it sink in — the weight of the journey, the relief, the gratitude, the responsibility.
Because this isn’t just a transaction.
It’s someone’s legacy.
It’s a team’s livelihood.
It’s another Louisiana story we get to protect.
🔜 What Happens Next in the Acquisition Process
Now that the credit memo is issued, here’s what comes next:
Commitment Letter — The bank outlines the final terms.
Appraisal & Environmental Review — Third-party experts confirm values and compliance.
Final Credit Sign-Off — Once reports come back clean, the bank finalizes the package.
Legal & Closing Prep — Attorneys draft documents and verify records.
Seller Transition Kickoff — We begin the 90-day transition plan.
Closing Day — Ownership officially transfers.
Every step brings us closer to honoring the promise we made when SOS Louisiana began.
❤️ Why Patience Matters
Patience isn’t about waiting quietly.
It’s about leading confidently while the world catches up.
When you’re calm, your team stays calm.
When you’re steady, your partners trust you.
When you’re focused, your deal moves forward.
Patience is a business skill — but it’s also a leadership skill.
And in Louisiana, it’s a survival skill.
We’ve weathered storms, floods, droughts, and economic swings.
We rebuild.
We adapt.
We keep going.
That resilience is what makes Louisiana business special.
It’s what drives SOS Louisiana to keep buying local, preserving jobs, and protecting the stories that built this state.
🎧 Hear the Full Story on LABizSOS
If you want to hear the emotional side of this journey — the waiting, the lessons, the turning point — I share it all in Episode 21 of the LABizSOS Podcast.
👉 youtube.com/@LABizSOS
👉 SOSLouisiana.com/news
We’re not just acquiring companies.
We’re preserving people’s life work.
We’re protecting Louisiana’s legacy.
We’re keeping our stories alive.