Times of India·3 min read·medium

South Carolina couple started HVAC firm with $2,000; revenue now set to top $8m

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South Carolina couple started HVAC firm with $2,000; revenue now set to top $8m
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A South Carolina couple, Stephanie and David Postell, built a successful HVAC business from a $2,000 investment after losing their jobs during the pandemic. Their company, Anchor Heating and Air, is now projected to generate over $8 million in annual revenue.

Why it matters

It serves as an inspirational case study for small business entrepreneurship and economic recovery post-pandemic.

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A South Carolina couple who lost their jobs during the Covid started an air-conditioning business with just $2,000. Stephanie Postell and her husband, David Postell, founded Anchor Heating and Air in 2021 after being fired in December 2020. Nearly five years later, the company is on track to generate more than $8 million in annual revenue, according to Stephanie's account on the Blue Collar StartUp podcast.Both had years of experience in the heating and air-conditioning industry, but starting their own company meant working with limited resources. They used their $2,000 to purchase equipment and began taking on jobs independently.The company, Anchor Heating and Air, now provides heating, ventilation and air-conditioning (HVAC) services in Charleston, South Carolina, and surrounding areas. In a podcast episode released September 9, Stephanie explained how they built the business and managed its growth.The couple also had to adjust to working together as business partners.

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