Business Startup Successful Despite Economic Recession

Small Business Person of the Year, Lee and Tammy Swenson, Rapid Wire, LLC, Cora

Tammy and Lee Swenson
Tammy and Lee Swenson
  • Tammy and Lee Swenson
    Tammy and Lee Swenson
    Tammy and Lee Swenson
    Tammy and Lee Swenson
The economic recession in the U.S. which began late 2007 didn't keep the Swenson's from starting their business. Lee and Tammy Swenson began their journey of starting a business in July 2007.  Like many fledgling entrepreneurs, they first started with the basics by requesting advice from the local SBDC about how best to structure and plan the business.  After many long and devoted hours, their business plan was completed. Once the plan seemed to make sense, the Swensons approached a bank to finance the build-out of their first wire line truck.  It took nine months with no days off, but once the truck was ready to go in April 2008, they invoiced their first customer—invoice #1; today, they are fast approaching invoice #2650!

The couple invested all their finances into the business and have successfully established themselves as a premier oil and gas field service provider.  After adding a new truck in November 2011, with innovative advanced features they can now provide more services that are demanded by their expanding industry customer base.