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.

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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Spidertrax

Spidertrax Off-Road Thom Kingston, owner and co-founder of Loveland-based Spidertrax Off-Road, poses in the manufacturing area of his 8,000-foot space facility, where he and his staff of 16 manufacture parts for the off-road industry. Story written by: Shelley Widhalm Photos: Courtesy of Spidertrax Thom Kingston helped start Loveland-based Spidertrax Off-Road not in a garage like some startups but in a fully equipped shop at the New Jersey Institute of Technology. In 1999, Kingston and his

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Dry Dock Brewing Company

Dry Dock Brewing Company is an award-winning microbrewery and Aurora’s first. Established in Octo-ber 2005, Dry Dock is co-owned and operated by Kevin DeLange and Michelle Reding. Dry Dock has enjoyed tremendous success and growth in a very short time. To-date, the brewery is producing al-most 20,000 barrels of beer each year. It’s the largest brewery in Colorado that’s only distributing in-state. At the brewery on Hampden and Chambers, there’s a cozy bar with casual

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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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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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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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