01/15/2020

Will Opportunity Knock Again for Johnny Allison?

Johnny Allison took the vow of entrepreneurship at a young age. When he was just 12, Allison and his brother were determined to acquire a Cushman Eagle motor scooter, which in the 1960s cost about $350. Allison’s family didn’t have a lot of money, so if the boys wanted that scooter they would have to earn the money themselves. To raise the necessary cash, they spent a summer digging ditches in the mobile home park owned by their father. At summer’s end they were still $100 short, so they went to a local bank and borrowed the rest. “‘If you…

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WRITTEN BY

Jack Milligan

Editor-at-Large

Jack Milligan is editor-at-large of Bank Director magazine, a position to which he brings over 40 years of experience in financial journalism organizations. Mr. Milligan directs Bank Director’s editorial coverage and leads its director training efforts. He has a master’s degree in Journalism from The Ohio State University.

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