Dear kind reader,
I come to you as a mother, a wife, and an entrepreneur in dire straits. I am the proud founder of a senior relocation, downsizing, and estate sale company – a business born out of passion and love for serving our senior community. Despite generating over $30,000 a month on average, the lack of working capital has kept us living paycheck to paycheck, leaving us perpetually on the brink.
The recent years have been unkind, bringing unexpected blows one after the other. The crypto scandal of last year hit us hard. A hard-earned $169,000 from a lawsuit settlement against my childhood abuser, which was invested into a platform called Donut, has been frozen since last November due to the company’s ties with the Genesis scandal. I’ve been told that I should start receiving these funds within the next few months, but I fear it may be too little, too late.
Our business operation has been hit hard as well. Despite providing the best of services to our clients, many have defaulted on their payments, leaving us with over $20,000 in accounts receivable. We have even been forced to take one client to court for an unpaid bill of over $5,000.
The financial strain has been suffocating. Our warehouse, home to much-needed inventory, is $2,800 a month in rent. We are three months behind, and I have been warned that a three-day eviction notice is imminent if we don’t catch up by this Friday, August 4th. To add to this, we stand to lose three storage units that house cherished belongings, including antiques and precious mementos won from my lawsuit, unless we can make the payments soon.
At home, the situation is equally challenging. My loving husband, despite his disability, helps me with the business. We have a beautiful 13-year-old daughter who is about to start school again. The thought of not being able to provide for back-to-school necessities breaks my heart.
Amidst these struggles, we lost two employees. The ones that remain have stuck with us through thick and thin, one even calling this her “dream job.” The fear of disappointing them and the seniors we serve is overwhelming.
I dream of expanding my business, buying other recession-resistant businesses like a laundromat, inspired by a YouTube influencer I follow. These dreams are slipping away amidst the financial chaos. I’ve always prided myself on being goal-oriented, but the present crisis has made it hard to see beyond the immediate problems.
This is not just about me – it’s about my family, my employees, and the seniors we serve. I want to show my daughter that her mom’s decision to leave a stable banking job to pursue a passion was not a mistake.
Every dollar you can spare will make a difference. It will help keep our business afloat, provide for our daughter’s education, pay our bills, and, hopefully, reinstate my belief in a brighter future. It would mean the world to me, my family, my employees, and, by extension, our community.
Thank you for taking the time to read my story. Any contribution, monetary or by sharing our story with your network, will be immensely appreciated.
With deep gratitude and hope,
A Humbled Wife, Mother & CEO
PayPal.me/teamhasbrook