Band of Brothers and Sisters: How Veterans Are Starting and Growing Businesses Together
Veterans have a unique set of skills and experiences that make them well-suited for entrepreneurship. From their time in the military, they have developed strong leadership skills, discipline, and a can-do attitude. They have learned to adapt quickly to changing circumstances and make decisions under pressure. These skills are invaluable in the world of entrepreneurship, where quick thinking and problem-solving are essential. Many veterans have taken these skills and put them to work by starting their own businesses.
Starting a business can be a daunting task, but veterans are not alone in this journey. There are numerous organizations and programs dedicated to helping veteran entrepreneurs get started. These organizations provide training, mentorship, and access to capital, making it easier for veterans to start and grow their businesses. One example is the Veterans Business Outreach Center (VBOC), which offers counseling, training, and mentoring to veteran entrepreneurs. The VBOC has helped countless veterans start and grow their businesses, and they continue to be a valuable resource for veterans looking to start a business.
In addition to organizations like the VBOC, many veterans are finding success by partnering with other veterans. These "band of brothers and sisters" are leveraging their shared experiences and skillsets to build successful businesses together. By working together, they can pool their resources and expertise to create a stronger business. This partnership also provides emotional support and camaraderie, which is crucial for many veterans transitioning into civilian life.
One example of a successful veteran partnership is Two Marines Moving. This moving company was started by two Marines who met while serving in Iraq. They used their military training and discipline to build a successful business that is now thriving in the civilian world. Another example is RuckPack, a supplement company started by Marine Corps veterans. These veterans used their experience in the military to create a line of products aimed at improving mental and physical performance. By leveraging their military experience, these veterans were able to create successful businesses that continue to grow.
Veterans are also finding success by banding together to win government contracts. The federal government has a goal of awarding 3% of all federal contracts to service-disabled veteran-owned small businesses. This goal creates opportunities for veteran entrepreneurs to win government contracts and grow their businesses. By working together, veterans can pool their resources and expertise to compete for these contracts and create a more diverse and inclusive government contractor pool.
As veterans transition from military to civilian life, they often struggle to find meaningful work that matches their skills and experience. However, entrepreneurship provides a path for veterans to create their own opportunities and build successful businesses. Veterans bring a unique set of skills to the entrepreneurial world, including discipline, leadership, and a strong work ethic. They also have experience working in high-pressure environments, which can be an asset in the fast-paced world of business.
One example of a successful veteran-owned business is Rakkasan Tea Company, founded by Army veteran Brandon Friedman. The company sells high-quality, loose-leaf tea and donates a portion of their profits to veteran-focused charities. The company's name is a nod to Friedman's former unit, the 3rd Brigade Combat Team of the 101st Airborne Division, also known as the Rakkasans. Through his business, Friedman has found a way to honor his military service and give back to the veteran community.
Another example is Sword & Plough, a company founded by sisters Emily and Betsy Nunez, both Army veterans. The company repurposes military surplus materials, such as tents and parachutes, to create stylish and durable bags, accessories, and clothing. In addition to providing a high-quality product, Sword & Plough also employs veterans and donates 10% of its profits to veteran-focused organizations.
These examples highlight the power of veterans working together to build successful businesses. By leveraging their shared experiences and networks, veterans can support each other in their entrepreneurial endeavors. This camaraderie is also evident in organizations like Bunker Labs, which provides resources and mentorship to veteran entrepreneurs. Through these networks, veterans can access the support and guidance they need to start and grow their businesses.
As a society, we can do more to support veteran entrepreneurs and help them achieve success. This includes providing access to capital, offering mentorship and training programs, and creating more opportunities for veteran-owned businesses to win government contracts. In addition, we can all do our part by choosing to support veteran-owned businesses whenever possible. By doing so, we not only help these businesses succeed, but we also show our appreciation for the sacrifices that veterans have made for our country.
In conclusion, veterans are a powerful force in entrepreneurship, and their camaraderie and shared experiences only strengthen their abilities to build successful businesses together. By providing resources and opportunities, we can support these entrepreneurs and help them achieve success. And by choosing to do business with veteran-owned companies, we can show our appreciation for their service and contribute to a more vibrant and inclusive entrepreneurial ecosystem.
