From Soldier to Small Business Owner (Veteran’s Guide)

Feb 27, 2020

From Soldier to Small Business Owner (Veteran’s Guide)

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Looking to make the jump from soldier to small business owner? Chances are you’re much better prepared than most aspiring entrepreneurs (fact, not opinion). Your training, leadership, and experience have likely sharpened you into an efficient weapon—one that’s incredibly valuable outside of combat, too.

America hasn’t always shown the appreciation veterans deserve. Fortunately, we’re finally getting our act together. Now more than 10% of US small business owners are veterans—and for good reason. Veterans have the resilience, discipline, and willingness to sacrifice that make for top-notch business owners.

From finance and insurance to mining to real estate, veterans are making an impact in every industry you can imagine. According to the SBA, veterans are 45% more likely to be self-employed than those who have not served. Veterans now own more than 2.5 million businesses in the US, and that number doesn’t appear to be slowing down.

“You go through so much in the military, but really what the military is teaching you is how to be resilient,” said Dawn Halfaker, founder and CEO of Halfaker and Associates. “You plan a mission, and then you execute, but nothing ever goes according to plan. Your job is to continue to lead in not-ideal circumstances.”

That sounds like entrepreneurship in a nutshell. If you’re a veteran looking to build a business from the ground up, then hold your head high—the odds are in your favor! And fortunately for you, there are concrete fiscal benefits to running a veteran-owned small business, and we want to help you take advantage of all of them. This guide will walk you through everything you need to know to make your business-owning dream a profitable reality. First, let’s make a plan.

About the Author

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Jesse Sumrak

Jesse Sumrak is a Social Media Manager for SendGrid, a leading digital communication platform. He's created and managed content for startups, growth-stage companies, and publicly-traded businesses. Jesse has spent almost a decade writing about small business and entrepreneurship topics, having built and sold his own post-apocalyptic fitness bootstrapped startup. When he's not dabbling in digital marketing, you'll find him ultrarunning in the Rocky Mountains of Colorado. Jesse studied Public Relations at Brigham Young University.

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