Magazine article Black Enterprise

Back in Business: Percy Marchand Weathered the Storm to Rebuild His Company and Himself

Magazine article Black Enterprise

Back in Business: Percy Marchand Weathered the Storm to Rebuild His Company and Himself

Article excerpt

"I WOKE UP EVERY DAY FEELING pointless," remembers Percy Marchand. "I thought I'd reached a pinnacle in my career, and Katrina wiped it all out. I took it as a sign."

[ILLUSTRATION OMITTED]

The 26-year-old entrepreneur's New Orleans-based, full-service printing company, Marchand InK was a dream finally fulfilled, so seeing his business and his hometown in ruins was too much to handle.

"I had invested 825,000 in new equipment and furniture," recalls Marchand, who moved his company on Aug. 23, 2005 into a larger, more prominent space in the same building he had been in since 2001 on Gentilly Boulevard. But unbeknownst to him, Marchand Ink's move took place just days before a Category 4 hurricane would make landfall and blow through the Gulf Coast. Hurricane Katrina's torrential rains, brutal winds, and deadly aftermath destroyed it all. Marchand Ink's new office was flooded with nearly three feet of water.

"Everything I worked for and earned was underwater, [which] was so devastating to see." According to Marchand, Katrina caused some $50,000 in uninsured flood damage to the property and equipment.

The catastrophic storm also forced Marchand and his family to flee to Houston; they were among 13 displaced people forced to live in a two-bedroom apartment. All of this left Marchand depressed to the point of having suicidal thoughts.

But it was during this time that Marchand managed to find strength. He received a greeting card containing $500 from a client who had lost her home. …

Search by... Author
Show... All Results Primary Sources Peer-reviewed

Oops!

An unknown error has occurred. Please click the button below to reload the page. If the problem persists, please try again in a little while.