We often find meaning in what we give rather than what we gain. This saying, sometimes credited to Winston Churchill, resonates deeply with me. Having achieved significant success in the business world, I strongly believe in the importance of giving back. My journey included taking risks, making mistakes, and learning valuable lessons along the way, and I see no reason to keep that knowledge to myself. I am a huge proponent of mentorship and enjoy sharing my experiences to help others.
As the Administrator of the U.S. Small Business Administration, I’m honored to be involved with SCORE, an organization that supports entrepreneurs by leveraging the experiences of seasoned business professionals. During National Volunteer Week, celebrated from April 23-29, we recognize the dedication of SCORE mentors who generously contribute their time and expertise. These experienced individuals have built successful careers and are now giving back, finding fulfillment in the process.
SCORE is supported by a vast network of over 11,000 volunteers, covering 62 different industries. With more than 320 chapters, they offer local workshops, online webinars, and private consultations. However, despite this expansive support system, there are still areas needing improvement.
While visiting Connecticut, I met with SBA District Director Anne Hunt. She pointed out that despite SCORE’s success in helping entrepreneurs launch and grow businesses, there is a need for greater diversity among its volunteers. This issue isn’t limited to Connecticut alone.
Anne Hunt emphasized the need for more bilingual counselors and female volunteers to better align with the diverse business community in Connecticut. The SBA District Office already includes staff fluent in Spanish and Chinese, but there’s a pressing need for more bilingual SCORE volunteers to effectively serve the local population.
If people can consult with a counselor in their native language, it can enhance their comfort and willingness to seek advice. Mark Cutler, Connecticut’s SCORE director, noted that while 58 percent of SCORE’s clients nationwide are women, only 21 percent of its volunteers are female. This figure has seen slight improvement from two years ago when it stood at 19 percent, but there is clearly room for growth.
I invite all entrepreneurs with some free time to explore volunteering opportunities with SCORE. You never know who might be eager to learn from your experiences. Sharing your knowledge can be an immensely rewarding endeavor, no matter what language you speak.
