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The following views expressed in this post are those of the contributor and do not necessarily represent the views of The Haute Mommy Handbook.

Hundreds of thousands of small businesses have closed in 2020, and millions more may be at risk of closing, according to the U.S. Chamber of Commerce. This is disappointing news to the workers losing jobs and the customers missing their favorite products, but no one is more devastated than those small business owners who put their hearts and souls into their companies.

If this hits close to home for you, you have my deepest sympathies. As a small business owner myself, the struggle is real. And so is the transformation. Here are some ways to help you recover, emotionally and financially, so you can stay focused on your health and well-being, and get back up on that entrepreneurial horse.


Many of us small business owners have been isolated in our homes, working our hearts out. Others have had to close shop and have nowhere to store their inventory except at home. If your home has become too cluttered, it may be difficult for you to emotionally process and move through the challenges of closing your business. What you need right now is ample amounts of positivity and affirmation.

Consider the following:

  • Eliminating the negative energy in your home. Get a clean slate for your emotional and physical well-being in this next chapter of your professional life.
  • Getting into a regular cleaning routine— and get your kids involved, too!
  • Organizing your inventory to get the clutter up and away. This will accomplish two things: you’ll have a fresh mind to think about your next business idea and easy access to your inventory to help inspire and supply that next great idea (and there will be one!).


You cannot pour from an empty cup. And if your cup is empty, you cannot just give it away. You need to be ready to take on any challenge, any opportunity. And for that, you have to prioritize yourself, even if it is just for 30 minutes a day.

Take care of your own mental and physical well-being by:

  • Taking trusted all-natural supplements that promote brain health. Not only can the right supplements boost your mood, they can also improve your memory, focus and motivation. Be sure to get your doctor’s approval before you start a new regime.
  • Practice yoga for 30-60 minutes at least three times a week. Not only will you grow more flexible in body, but also in mind. Yoga teaches you how to stay grounded in the beauty of the present moment.
  • Listen to music. Research at Durham University in the UK found that listening to music lifts and improves mood, even sad music. Take a walk with some music, or listen while you take a shower or bath.


Now could be the right time to become a freelancer and explore new industries or build a broader network. The gig economy is still fairly lucrative for most people.

Make the most of it by:

  • Looking for projects and contracts on job boards like Upwork where top freelancers and hiring companies can connect with each other.
  • Keeping the cash flowing in while you consider your next move. Look on LinkedIn for decision-makers in your network who have a need for a consultant or contractor.
  • Building a website or online portfolio. While your brick and mortar front door had to close, the internet provides a virtual home for your business ideas. Create a website that focuses on your professional skills and provides useful information for the kinds of people you want to hire you.

Closing a business is a lot like losing a close friend or family member. You feel angry. You feel lost, uncertain by a future that changed so quickly and so dramatically. It’s an emotional rollercoaster ride that can feel endless.

Hopefully, if you are a small business owner, you will find comfort in caring for yourself first while marching bravely toward the next chapter of your life.



Carla‌ ‌Lopez‌ ‌retired‌ ‌a‌ ‌couple‌ ‌of‌ ‌years‌ ‌ago,‌ ‌but‌ ‌she‌ ‌didn’t‌ ‌lose‌ ‌her‌ ‌entrepreneurial‌ ‌spirit.‌ ‌She‌ ‌created‌ ‌Boomer‌ ‌Biz‌ ‌for‌ ‌retirees‌ ‌like‌ ‌herself‌ ‌who‌ ‌still‌ ‌have‌ ‌a‌ ‌desire‌ ‌to‌ ‌work‌ ‌and‌ ‌achieve.‌ ‌The‌ ‌site‌ ‌is‌ ‌a‌ ‌resource‌ ‌for‌ ‌people‌ ‌in‌ ‌their‌ ‌golden‌ ‌years‌ ‌who‌ ‌want‌ ‌to‌ ‌start‌ ‌their‌ ‌own‌ ‌business‌ ‌or‌ ‌go‌ ‌back‌ ‌to‌ ‌work‌ ‌doing‌ ‌what‌ ‌they‌ ‌love.‌ ‌Find more from Carla at boomerbiz.org.

Photo by Emma Matthews Digital Content Production on Unsplash


  1. Nicole says

    Great post! I recently lost my job as a server, but sometimes I see it as an opportunity to maybe start a business I’ve been thinking about but never had the courage to try. It is a scary time but everything has a silver lining.


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