Transition is obviously a hot topic here on RallyPoint. What will you do after you serve? Most transition assistance programs are focused on finding our service members jobs working for someone else. Why do they rarely focus on opportunities in entrepreneurship and business ownership? I believe our veterans are perfectly suited for life as an entrepreneur.
According to a recent study, veterans own more than 2.4 million U.S. businesses. That equals about nine percent of all American firms. They employ 5.8 million employees and have $210 billion in annual payroll. How many of you who have transitioned out of the military have heard those numbers? There are quite a few business owners and entrepreneurs active on RallyPoint (which was founded by veterans Yinon Weiss and Aaron Kletzing).
I had a chance to interview Aaron Kletzing about his experience transitioning from the Army to entrepreneurship. He discussed how his experiences in Iraq helped translate to the founding and running of RallyPoint. The complex and changing environment he faced in Iraq is similar to the complexities and challenges of running a business. Aaron had this advice for aspiring entrepreneurs, "Find a close knit group of people - people that you can bounce ideas off of and you can really trust their advice. Making sure that you have a good crew behind you and surrounding you is really important." You can hear the full interview here:
So my question is: Do you think more should be done to educate transitioning veterans on entrepreneurship?
About the Author:
Scott Fussell is the Founder of CommandYourBusiness.com, which is focused on entrepreneurship in the military and veteran community. Every week, Scott interviews a new entrepreneur from the military community.
Scott is a graduate of the University of Tennessee and served as an officer in Army from 1994-1999.
Comment below or start the conversation here and connect within the military community.
*These opinions belong to the writer and in no way reflect the views of the DoD or other departments of the US government.