Magazine : Archives : 1st Quarter 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...