Is 2020 the Year You Go Into Business?

Was your New Year’s Resolution to start your own business? January has come and gone and February is drawing to an end, too. Have you started your business yet? Statistically it’s likely that you haven’t, but why? Research has shown that Resolutions fail not because we’re all quitters but because of the way we design our resolutions. We make broad goals that feel too large and end up quitting.

So what should we do? Rather than tackle a large goal, like say “start a business,” make a smaller, more specific goal. If you’re in the 80% of Americans who have already abandoned your New Year’s Resolution don’t give up just focus on that first step. A good first step on the path to starting your own business is coming up with a business plan.

Don’t know anything about business plans? Don’t worry there are many good resources available for people who need help crafting their business plan. The Small Business Administration (SBA) has a helpful tutorial on writing a business plan on their website. The Denver Public Library allows all cardholders access to their Business Plans Handbook, which consists of a collection of business plans that will provide you with an example on how to write yours.

You can also participate in the SBDC’s many low-cost classes designed to help business owners in all stages of starting and running a business. Several of these classes focus specifically on getting started! You can find a list of all “getting started” classes on the Colorado SBDC website.

Black Swift Technologies

Boulder-based company Black Swift Technologies was founded by three PhD students from the University of Colorado. The three men were inspired to start the company from their work in the field during their studies. At CU, they learned how to chase storms and collect data using old military equipment, which is relatively complicated to use. They set out to simplify the process with unmanned aircraft systems and Black Swift Technologies was born. Although they are

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RoShamBo

Mallory Logan has moved from employee to owner of RoShamBo, a marketing and design shop. This out of the box creative business is celebrating its seventh year in business in Gunnison at 144 North Main Street, Suite B. The creative firm was founded by Delaney Keating who mentored Mallory to eventually take over the business.”I started as an intern when I was a graphic design student at Western in 2008, I have loved every minute

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Montrose Manor B&B

Freddie and Tom Hancock took one look at their new home in Montrose and saw something beyond a magnificent house. Their dream was to transform it into a bed and breakfast, plus a base for their not for profit animal rescue operation. Familiar with SBDC consulting services in Arizona where they had moved from, the Hancock’s contacted the SBDC for assistance in achieving their dream. Reviewing their 5-year financial forecast, the SBDC consultant provided instruction

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Timberleaf Trailers

Kevin Molick is a custom cabinet contractor and outdoorsman. The idea of building a teardrop trailer for his camping adventures intrigued him, so he built one to suit his needs. It wasn’t long before he was getting inquires on social media about how one of these trailers could be purchased. By the end of 2016 he had built and sold 12 of these custom made trailers. “The consulting and direct assistance from the Small Manufacturing

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Ku Cha House of Tea

Originally from China, husband and wife entrepreneurial team, Qin Liu and Rong Pan graduated from the Leeds School of Business at Colorado University with the dream of starting their own company. The original business idea was from Qin’s Business Plan Preparation class while enrolled in CU. In 2005, they launched their business, drawing upon the 5000-year-old tradition of drinking tea. In 2007, Qin and Rong changed the company’s original name from “The Leaf – All

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Southern Ute Cultural Museum

Lynn Brittner, Executive Director, started planning the Southern-Ute Cultural Center and Museum over ten years ago. The Center’s opening this past May was her reward for years of dedicatedly holding the vision. Brittner’s relationship with the Southwest Colorado Small Business Development Center started way back at the beginning. She needed help and only had three staff. A grant from the Administration for Native Americans provided funds for her to take Board members to visit other

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