Stand-Up #55 - April 2nd, 2020
Today's stand up is a little different. For those of you that don't know, I own a small web dev agency that is in the process of shutting down between now and the end of April. Currently, one large client, Carnival Cruise Line, is weeks late on two big invoices (soon to be THREE as of tomorrow).
I was on the phone and emailing back and forth with my points-of-contact there for much of the day today. They're cool people and I like them, but the accounts payable department is not responding to any of their inquiries on my behalf.
It will bankrupt me if the accounts payable department does not pay at least one of the three invoices by next Thursday.
Frankly, I'm disgusted with them. I've always paid my employees and contractors on time, so I expect the same from our clients. I've also never missed a student loan payment, rent payment, or small business loan payment. All of which I will likely now miss. I don't know if credit scores can go to zero, but mine will likely get close to that.
I've managed to scrape enough money together between my business and personal bank accounts to get my employees and contractors paid for the last time, because they deserve it since they've already done the work. I'll take the pain.
Yet I still owe them payouts on their saved vacation time, which I will be unable to pay out if this multi-billion dollar company continues to stiff me for work that we've already done. Our code is live on their site right now and our improvements are making them tons of extra cash, yet they can't pay a few high four-figure invoices to a small business.
I guess I'm just frustrated today and needed somewhere to vent. These last few invoices were supposed to pay off all of my final employee/contractor obligations, the rest of my student debt, the rest of my small business debt, and provide living expenses for the next few months while I work on my app. Instead I got screwed at the very end.
Today's stressed calls weren't really screenshot-able, so I have NOT attached a screenshot for proof. In the future, I will continue to attach screenshots as proof of the daily progress.