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Veteran Entrepreneurs

graveflag.   Photo by blakeemrys.

Steve Strauss in USA Today:

Did you know that there are 4 million small businesses in this country owned by veterans? And, especially during this time of war, there are plenty of people and organizations ready to help these entrepreneurial veterans.

It certainly is not hard to understand why. Aside, of course, from the obligation many feel toward those who risked their lives in combat, the fact is, veterans are a uniquely qualified group of people who tend to make great entrepreneurs:

  • Veterans inherently understand the sort of hard work required to make a small business successful;
  • They also get the importance of leadership and what is required to guide a team to accomplish a specific goal;
  • Similarly, the importance of teamwork is something veterans understand, probably better than almost anyone.

That veterans are a unique small business subset deserving of special attention was recognized by Congress and President Clinton in 1999 with the passage of the Veterans Entrepreneurship and Small Business Development Act.

Photo by blakeemrys.

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Comments

  • This does not surprise me. After all there is a belief that the older generation does not have that much to give…the world belongs to the Generation x and y’s. Yet these people have still got ambition and most of all they know what they want. I feel business is missing a trick on not tapping into the dramatically growing workforce. From their experience overseas they also probably have a much greater understanding of the globalisation issues?

  • Hi,
    I am doing a research project on Veteran Entrepreneurs. I need both veterans and non veterans. If you would take a few minutes to fill out my survey I would greatly appreciate it.
    Please follow the link below
    http://www.surveymonkey.com/s.aspx?sm=MwxBBUTolAXjzQiCcaqnNQ_3d_3d
    Thanks,
    Andrew
    Virginia Military Institute
    Class of 2009

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