Podcasts Business Entrepreneurship 21 Hats Podcast Do You Feel Shame Taking Money From the Government?

Do You Feel Shame Taking Money From the Government?

Published: June 23, 2020, 9 a.m.

Jay Goltz, William Vanderbloemen, and Dana White\u2014all of whom took Paycheck Protection Program loans\u2014respond to an opinion piece that says \u201ccompetent\u201d business owners shouldn\u2019t have had to go begging \u201cshamelessly\u201d for a government bailout, which got a particularly strong response from Jay: \u201cI'm thinking of all of those entrepreneurs who are trying to run a business, trying to make happy customers\u2014restaurants, hair salons trying to survive this whole thing, trying to take care of the emotional, the financial, and the physical needs\u2026 They're fighting a good fight, trying to stay in business so they can continue paying taxes, and he comes along and has to call us \u2018shameless\u2019 for taking money from the government.... Oh, we\u2019re incompetent, because these people didn't have six months of savings stowed away?"