Tom NixвЂ™s family members originated in San Pedro, and then he worked their method up from a rough youth to found a check-cashing company, a brand new concept during the time, in South Central Los Angeles. His dad had started a grocery that is small, as well as cashed checks for clients. From assisting their father in this company grew their notion of beginning a check-cashing company.
Tom finished senior school and did well at school, but found myself in numerous battles with others their age, about ingesting, girls and fighting one another to show their toughness. He had been admitted to USC and very quickly began to participate in the greater amount of culture that is upper-class, playing 12 months of soccer under John McKay. After graduating in 1970, he married their senior high school sweetheart, Pam.
In 1976, he had been succeeding and was a reserve Los Angeles County Deputy Sheriff, but had temper-control dilemmas, mood swings and was a binge eater and drinker, obese, and had an ulcer that is peptic. After entering a self-help system, he stopped blaming other people and began centering on good applying for grants where he was going, perhaps perhaps not where he had been. 24 months later he launched their very first check-cashing company, Nix Check Cashing, as well as in 12 months ended up being cashing $1 million of checks each week. He staffed the business enterprise with residents, element of their community, with quick, friendly, affordable and courteous solution. This became even more popular in the neighborhood then a banking institutions which didnвЂ™t have regional branches there and needed bank reports and a credit that is good to money checks.