All of us are waking as much as discover ourselves in an altered world every morning. We will flip via the information on our telephones about which international locations imposed journey restrictions, and which workplaces and providers in our communities are now not functioning.
However every morning, I get up to 20 new concepts in my inbox and 100 provides of hope and help on my social media feed. I’ve the privilege of serving as CEO of Entrepreneurs’ Group, a membership affiliation of 14,000 entrepreneurs in 65 international locations world wide. Entrepreneurs don’t compensate for information and marvel how they’ll face the COVID-19 disaster. Entrepreneurs soar in to supply options.
Our common members’ enterprise measurement is US$5 million in annual income. So a big proportion of our members are the “small companies” you’re studying about which might be preventing for the survival of their companies. However lots of our members are additionally “serial entrepreneurs”—who’ve opened numerous companies and closed fairly just a few alongside the way in which. They’re accustomed to the ups and downs.
Though many EO members are within the hospitality trade, together with eating places, journey and tourism, we even have members whose companies are in on-line gross sales, advertising, software program and distant work options. On daily basis, members with on-line corporations are providing to share their experience with our members with brick and mortar operations. EO members whose companies are teaching, strategic planning and consulting are providing free providers to assist their friends get again on their toes. Most of our members have survived main durations of adversity and know that help and fellowship can assist a fellow entrepreneur face his or her worst fears and discover a manner ahead.
Our EO chapter in Italy got here collectively—nearly—over the weekend to share their tales in regards to the impression of the quarantine. They gave their recommendation to different members to assist them put together for the arrival of COVID-19 in our communities.
Later this week, our EO members in China, Hong Kong and Taiwan, who’ve come via two to 3 horrible months, will share their tales of unity and help within the face of disaster with those that are simply starting to face the devastating impression of coronavirus.
Though EO members’ companies are going through extreme crises, entrepreneurs are pushed to hunt new methods ahead and to search out the alternatives in adversity. We now have issued a name to motion to EO’s 14,000+ entrepreneurs to search out options for our COVID-19 disaster:
How will we maintain our folks working and incomes a dwelling?
How do we discover new methods to attain our objectives, to guard and develop our companies?
These are usually not easy questions. It is going to actually take a while to construct out preliminary solutions and maintain enhancing them. However I can guarantee you, if you end up feeling doubt about our world and our potential to return collectively for the larger good, EO members are working day-after-day (and lots of nights) of their companies to maintain their folks working and incomes a dwelling. They won’t cease till they’ve recognized new methods to guard and develop their companies.
And at each step, EO members will likely be sharing what they’ve skilled with entrepreneurs in each nook of the globe in order that all of us get again to a modified—however optimistic—regular.
Carrie Santos, CEO