This study explores the coping mechanisms of traditional business owners amidst the COVID-19 pandemic in Santiago City. Specifically, it examines their lived experiences, the challenges encountered, and the strategies employed to sustain operations during an unprecedented crisis. Using a qualitative narratology research design, the study gathered data from ten purposively selected traditional business owners through in-depth interviews. Thematic analysis, supported by NVivo software, revealed four major themes: rock-strewn business experiences, operational challenges, financial difficulties, and adaptive coping mechanisms. Findings indicate that business owners struggled with disrupted operations, declining sales, temporary closures, and limited access to financial support. Despite these adversities, they demonstrated resilience by adopting innovative strategies such as digitalization, online selling, product diversification, and strengthening customer relationships. The transition from traditional to virtual platforms emerged as a critical survival strategy, enabling businesses to maintain customer engagement and generate income. Furthermore, the study highlights the role of proactive problem-solving, social support, and positive reappraisal in navigating crisis conditions. Grounded in Lazarus and Folkman’s coping theory, the results emphasize that adaptive coping strategies significantly contribute to business sustainability during disruptions. This research provides valuable insights for entrepreneurs, policymakers, and future researchers by identifying practical strategies that enhance business resilience in times of crisis. Ultimately, it underscores the importance of innovation, flexibility, and strategic adaptation in ensuring the survival and continuity of traditional businesses in a rapidly changing economic environment.