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Vetrepreneurship

Vetrepreneurship

November 18, 2015 by | Be the first to comment »

Vetrepreneurship

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We at Cigars and Sea-Stories are very into Veteran Entrepreneurship or as we like to call it Vetrepreneurship, and feel as though most veterans should become vetrepreneurs. Why should veterans be entrepreneurs? This is a question that everyone should be asking because veteran entrepreneurship laid the groundwork for this countries economy once and we feel as though it can again.

After WWII 49% of veterans coming home went on to own or operate a business. This is a pretty intense number.  According to an article veterans made up only 6% of all new entrepreneurs in 2012. http://money.cnn.com/2012/11/11/smallbusiness/veterans-businesses/

It’s time to step up again as our fathers, grandfathers and great-grandfathers did. We are striving to influence all veterans that may have a business idea to follow that idea and make it a viable business. With veterans struggling with transition and veteran suicide numbers where they are at vetrepreneurship may be the answer. Studies show strong correlation between entrepreneurship & happiness. Those running their own business were happier than all other professions, regardless of how much money they made!

As stated in an article in Forbes “Veterans make great entrepreneurs. They know how to effectively manage risk, they operate well under pressure, and they have experience getting a lot done with limited resources. Veterans are 45 percent more likely to be self-employed than nonveterans, according to the U.S. Small Business Administration.   The agency estimates that about 2.4 million or 9 percent of all U.S. small businesses representing about $1 trillion in annual sales. In the near term more than 250,000 service members a year will transition into civilian life, according to the SBA. This means the economy will likely experience a significant increase in veteran-owned businesses. “ Businesses ranging from being an independent contractor or starting the next huge pizza franchise, sky is the limit.

There are many resources for helping you get started. Feel free to go to our website and click on the resources tab there are tons of links to get you started. Also don’t hesitate to contact the Cigars & Sea-Stories team to ask a question we are always here for guidance. Also check out Veterans List to see the huge range of veteran owned businesses.  As a veteran you are stronger than you can even imagine and so is the veteran community behind you. GET OUT THERE AND CHANGE THE WORLD!

Semper Fidelis,

Bennett

Profile photo of Bennett TantonBennett is dedicated to sharing knowledge to help people empower their community and enhance their lives.

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