Small Business Series

Last week I spoke with a local gym owner/friend I have been in touch with regularly since the crisis began. I could sense her view of the future was changing and I wanted to understand why. When I spoke to her in late March she had about 4 months of operating cash reserves in a […]

I recently interviewed Shelly Bell, founder of Black Girl Ventures, a nonprofit dedicated to expanding access to community, education, and leadership development for Black and Brown woman founders. We spoke about the painful and unacceptable racial disparities in the distribution of the Paycheck Protection Program as an example of the gaps in business. She pointed out, we […]

Then as we all now know, sometime around the end of 2019 the Coronavirus pandemic began, disrupting the global economy and shuttering small businesses around the world. Very difficult, for sure, but why was this such a sudden and destructive blow to small businesses after so much progress post-2008? Too little cash reserves and too […]

The US reported a 13.3% unemployment rate in May, — the worst since WWII. This is despite pumping trillions of dollars into the economy designed to save small businesses and jobs. Twelve years of difficult work recovering from the great recession, gone in only two months. We have no reference for such an immediate and […]