The Aureus Group Blog

Episode 22: Life on the Edge

Posted by Tom Bemiller on May 29, 2020 9:00:00 AM
Tom Bemiller

Life on the Edge: An Entrepreneur’s Story of Survival during COVID-19

Life on the Edge is my story about surviving COVID-19 as an entrepreneur and small business owner outside of Philadelphia. I started documenting the happenings of each day about two weeks into lock down so that when I look back on this time I will be able to remember it for exactly what it is. 

My goal with Life on the Edge is to provide an inside look into a small business struggling to survive, my first major crisis as a leader, and ultimately the process of saving a small company during a global disaster. I hope that by sharing my experience I might help other entrepreneurs and business owners during this time. 

In Episode 22, everyone on the team shared my excitement when I told them we received the Paycheck Protection Program loan from the SBA, and that means that we will be able to pay everyone for the next two months. Despite the complexity and challenges applying for the loan, I'm obviously excited to keep my team employed until (hopefully) things have recovered a bit. The PPP loan will also ensure that we can pay rent and utilities for the next 8 weeks, but we will have to wait for more information from the SBA regarding how the forgiveness will work. Regardless, today is a day for us to celebrate and be excited!

 

 

Topics: COVID-19

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