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'We don't quit, we never give up': How the stars of HGTV's 'Fixer Upper' overcame mountains of debt to build a small-business empire

Chip and Joanna Gaines of HGTV's "Fixer Upper" say they have two commonalities that have led them to success: a love for work and hatred for losing.

When Chip and Joanna Gaines — now the stars of HGTV's hit home-renovation show "Fixer Upper" — returned from their two-week honeymoon in 2003, they were met with some harsh realities.

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"And the second thing is, we hate to lose. When we woke up some mornings, realizing we don't have the money to pay back some of these debts that we had accumulated over the years, we realized we were going to have to be very creative, very quickly, and really fight for this. We didn't want to quit, we didn't want to declare bankruptcy — some of those things were just literally not options for us," he said.

Watch more from the Gaines' interview with Business Insider below:

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