Small Business Owners Pivot from Challenges to Opportunities

Goldman Sachs Exchanges

Goldman Sachs

Business

4.4 • 1K Ratings

🗓️ 26 July 2022

⏱️ 28 minutes

🔗️ Recording | iTunes | RSS

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Summary

Small businesses are the life blood of the U.S. economy and the backbone of local communities , but the current economic environment is proving especially challenging. At last week’s 10,000 Small Businesses Summit, more than 2,500 small businesses owners convened in Washington, D.C., to share their experiences and advocate for meaningful policy change. In the latest episode of Exchanges at Goldman Sachs, recorded at the summit, Asahi Pompey, president of Goldman Sachs Foundation, and Joe Wall, a managing director in the Office of Government Affairs, joined host Allison Nathan and two small business owners, Natalie Kaddas and Merv Cutler, to talk about the crucial tests they’re facing – and the opportunities they see.

Transcript

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0:00.0	Small businesses are the backbone of our communities and the lifeblood of the U.S. economy,
0:05.0	but today they're facing a number of headwinds in an increasingly challenging economic environment.
0:10.0	I'm Alice and Nathan, and this is exchanges at Coleman Sachs.
0:14.0	It's Tuesday at Coleman Sachs.
0:16.0	It's Tuesday, July 19th, and we're recording from Goldman Sachs's 10,000 Small Businesses Summit in Washington, D.C.
0:30.0	In what is the largest ever gathering of small business owners in the United States.
0:36.0	Joining me to discuss the challenges and opportunities facing small business owners are
0:41.0	Sahi Pompeii, President of Goldman Sachs Foundation, and
0:44.4	Joe Wall, a managing director in our Office of Government Affairs. We're also
0:48.6	thrilled to be joined by two small business owners who are graduates of Goldman Sachs's 10,000 small businesses
0:54.7	program. Natalie Kattis is the CEO of Kattis Enterprises, a plastics manufacturer based in Salt Lake
1:01.1	City, and Mer of Cutler is the president and CEO of
1:04.4	Cutler Engineering and Technology Services, a business he founded in 2014 to
1:09.7	service government clients. So glad you could all join us here for this very special episode
1:15.4	welcome to the program. Great to be with you. Thank you. Thank you.
1:18.7	Asahi, let's start with you. There are more than 2,500 small business owners here at Goldman Sachs's 10,000 small
1:26.4	businesses summit in Washington, D.C. so congratulations. It's such an accomplishment
1:30.8	to get such an entrepreneurial and I would say inspiring group. an this event to begin with and what do we hope to achieve from it?
1:43.0	Allison, I really want to bring your entire audience right here to the summit.
1:47.4	The energy in the air is pulsating.
1:50.7	History is being made here.
1:52.3	Why are we here?
	...

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