Scott DuffyAI Speaker & Strategist | Co-Founder The Clone Shop

Scott Duffy: Has COVID-19 Hurt You Financially? Watch This! #covid19 #smallbusiness #entrepreneurs

Name: Scott Duffy: Has COVID-19 Hurt You Financially? Watch This! #covid19 #smallbusiness #entrepreneurs
Uploaded: 2020-05-15T04:50:33+00:00
Duration: 58 s
Channel: Scott Duffy
Description: Short promotional/transcript clip from a YouTube video (uploaded May 15, 2020) in which small-business owners recount severe revenue losses and stress…

15 May 2020 · 1 min

Watch on YouTube

0:58

Short promotional/transcript clip from a YouTube video (uploaded May 15, 2020) in which small-business owners recount severe revenue losses and stress caused by the COVID-19 pandemic (examples: ~50% drop, one business typically earned ~$40,000 in March but earned $15,000 this year; another reports revenue at ~15–20% of prior levels). Scott Duffy offers an optimistic framing and promotes the Kovate Business Festival (a livestream co-created with SAP Concur) scheduled for Thursday, May 21 and Friday, May 22, 8:00 AM to 4:00 PM Pacific; donations will provide meals for children and families in need.

Questions this video answers

May 15, 2020

Thursday, May 21 and Friday, May 22, 8:00 AM to 4:00 PM Pacific

Typical March revenue: about $40,000; dropped to $15,000 that March.

About 15–20% of prior revenue.

A 50% drop from usual levels.

Chapters

Millions across the country do not have money to pay rent. The coronavirus outbreak has pushed unemployment in the nation to levels not seen since the Great Depression. It is just unclear right now how long the economy and their livelihoods will be paralyzed by this pandemic.
I really just want to go back to work, honestly.
It's affected us drastically. 50% drop from what we're usually seeing. It takes me a long time to fall asleep. Yeah, that's a new thing.
My revenue has probably gone down to 15 to 20% what I was making. As I rebuild and pivot. Usually in March we do about $40,000 and we were at 15,000. I don't have anything else. I put my heart and my soul into this. If I don't make it through, I don't have anything.
I'm just trying to be super optimistic. We'll end up on the other side, positively. Hopefully.
If someone can come up with a really good idea, I'm all ears.
Kovate Business Festival is a livestream event created by Scott Duffy and SAP Concur to empower small business to succeed in these difficult times. We've gathered some of the most influential entrepreneurs, athletes and entertainers, people who built some of the world's biggest brands to support our small business community. Each will share their story and strategies you can use today to pivot, adapt and move your business forward. All donations from the event will provide meals for children and families in need. Join us Thursday, May 21 and Friday, May 22 8am to 4pm Pacific we will get through this. We will come out stronger. Stronger together.