Volunteer to mentor and support small business owners and entrepreneurs.

Small businesses with mentors are more successful and achieve higher revenues and increased business growth. A larger percentage of small businesses that received mentoring survived more than five years, double the survival rates of small businesses that did not receive mentoring.

Business mentors can provide expertise and guidance for new business owners who are navigating the process of starting and building a business. Colorado is a great state for entrepreneurs, but new businesses need support in order to grow, contribute to our economy, and create quality jobs.

Here are some steps to get you started:

Contact small businesses or organizations in your field or industry.

If you have a friend that runs a female or minority-owned business, take an extra step to reach out to and involve them.

Join or start a peer group for small businesses to grow together.