We have just completed the first week of trading in Australia where thousands of small business owners have closed their doors due to the Corona virus.
Many have had to take a really hard decision to stand down or put employees off for the first time in their business life..
I have spoken to as many small business owners as possible this week and the attached image illustrates how they are feeling. Many, who are family owned businesses, are struggling to come to terms with having to put loyal employees off. No one is immune from feeling helpless and this feeling will linger for a while yet.
Don't bottle up your feelings, we are all feeling the same frustration. If you can get yourself into a recovery mindset and talk to others. You will find your friends are good listeners.
Bill Winter is a renowned family and small business advisor and facilitator of the hard to have family succession conversations.