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.

Launch Pad Brewery

The end of an unexpectedly volatile 2020 is a great time to tell the success story about one of Aurora’s prized businesses. David LeVesque spent about a decade perfecting his technique of home brewing with some help from The Brew Hut and visiting Colorado breweries. The idea of opening a business location started ‘brewing’ about six years ago, and Launch Pad’s mission came together after working on the start-up’s financials over several meetings with an

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Element Pet Nutrition

“Not only did I learn a great deal from these exercises, but I was also able to produce solid projections on productivity, which led to raising seed funding for my business. I even had the luxury of choosing the investor of my choice.” Element Pet Nutrition was born out of the love for dogs and cats and the mission to provide them a better quality of life. While working in a veterinary clinic, Marney Zafi

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Colorado Safety Supply

Starting out as a dream in 2012, Valerie Boyd developed her knowledge and contacts within the safety equipment industry to move forward with confidence in 2014. Valerie started to make the dream a reality. Coming from a family working in the structural steel industry, Valerie’s top priority is to keep families safe by keeping workers safe. Colorado Safety Supply does just that, providing safety training and equipment for construction job sites. Located in Aurora, Colorado

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Midwest-Masters/ Spoiler Dude

United States Army veteran Paul Hasty had already been successfully installing window tints, car bras, and spoilers in the Pikes Peak Region for almost fourteen years before reaching out to the Pikes Peak SBDC. Just call him the Spoiler Dude of Spoilerdude.com. With a strong love for cars, Paul decided to open up his business with the challenges of educating customers. Paul differentiates Spoilerdude.com by anticipating customers’ wishes and questions with answers prior to work.

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The Rock Lounge

Marcus Garcia has been the owner of the Rock Lounge (RL), an indoor climbing gym in Durango, since 2014. Marcus had transitioned from being a RL employee, a rock climbing guide, and owner of a small construction company before then. The RL was profitable in his first year, yet he thought there was more potential to be realized. Marcus had sent his business manager to a locally sponsored event which introduced them to the Small

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Espinoza Cultural Services

A small business based in La Jara is proving that a San Luis Valley company can ‘play with the big boys’. Dee Espinoza founded Espinoza Cultural Services, LLC (ECS) in 2010. Espinoza ran the company by herself out of her La Jara home for the first 2 years. She now employs 13 full time professionals (although some are seasonal) and 3 part time. ECS recently purchased and renovated a vacant historic building in downtown La

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