Posted on Apr 7, 2015
Why invest in veteran run businesses? I am looking for the top five reasons investors should back veterans in startups.
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Targeting veteran run companies - what makes them better?
Posted in these groups: 
Leadership
Investing
Leadership Investing
Posted >1 y ago
Responses: 9
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Easy to answer CPT Robert Louthan, our Veterans are the absolute best way to go when considering a business!
1. We are truly indoctrinated into a values based society when we join, we live up to the values and do not take them lightly.
2. We have a sense of ownership in our duty to the mission, a stick-to-itness to ensure we stay with the mission until completed.
3. We operate with courage, commitment and competence in everything we do.
4. We exude a sense of pride in all we do, our name is on the work we complete.
5. You can trust us, our word is our bond!
And, with qualities like these, why would you look elsewhere?
1. We are truly indoctrinated into a values based society when we join, we live up to the values and do not take them lightly.
2. We have a sense of ownership in our duty to the mission, a stick-to-itness to ensure we stay with the mission until completed.
3. We operate with courage, commitment and competence in everything we do.
4. We exude a sense of pride in all we do, our name is on the work we complete.
5. You can trust us, our word is our bond!
And, with qualities like these, why would you look elsewhere?
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There are over 5 million veteran owned businesses
22% of Veterans consider owning a business
68% of Veteran owned businesses survive 10 years longer
Fastest growing segment of business ownership
1 in 7 Veteran start a business
Veteran owned businesses employ 8.2 million people
22% of Veterans consider owning a business
68% of Veteran owned businesses survive 10 years longer
Fastest growing segment of business ownership
1 in 7 Veteran start a business
Veteran owned businesses employ 8.2 million people
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SFC Rich Carey
Most comes from the American Fact Finder, U.S. Census. Additional information can be found on the SBA and SBDC websites.
http://business.usa.gov/ A tool that you can use
Some more resources:
SBA Resources for Veterans
• Financing for Veteran-Owned Businesses:
o Military Reservist Economic Injury Disaster Loan
This provides funds to eligible small businesses to meet operating expenses that can't be met due to an essential employee being called to active duty.
Learn More
o Loans and Grants Search Tool
Many states and other organizations also provide loans to veterans.
Learn More
• Small Business Assistance:
o Operation Boots to Business: From Service to Startup
Learn More
o Veterans Business Outreach Centers
These provide entrepreneurial development services for veterans.
Learn More
o Office of Veterans Business Development
This provides access to training, counseling and assistance.
Learn More
o National Veterans Business Development Conference & Expo
This annual conference focuses on veteran small businesses and federal procurement opportunities.
Learn More
o Business Resources for People with Disabilities
This offers information about starting, financing and running a small business aimed at disabled persons, including service-disabled veterans.
Learn More
http://business.usa.gov/ A tool that you can use
Some more resources:
SBA Resources for Veterans
• Financing for Veteran-Owned Businesses:
o Military Reservist Economic Injury Disaster Loan
This provides funds to eligible small businesses to meet operating expenses that can't be met due to an essential employee being called to active duty.
Learn More
o Loans and Grants Search Tool
Many states and other organizations also provide loans to veterans.
Learn More
• Small Business Assistance:
o Operation Boots to Business: From Service to Startup
Learn More
o Veterans Business Outreach Centers
These provide entrepreneurial development services for veterans.
Learn More
o Office of Veterans Business Development
This provides access to training, counseling and assistance.
Learn More
o National Veterans Business Development Conference & Expo
This annual conference focuses on veteran small businesses and federal procurement opportunities.
Learn More
o Business Resources for People with Disabilities
This offers information about starting, financing and running a small business aimed at disabled persons, including service-disabled veterans.
Learn More
BusinessUSA implements a "no wrong door" approach for small businesses and exporters by connecting businesses to the services and information relevant to them.
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CPT Robert Louthan
Thanks. I had some data suggesting lower numbers (3 million) of vet owned businesses.
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How about top 3 reasons... (from my perspective)..
1. Integrity. This is something we take for granted in the military, but definitely can't be taken for granted in the private sector.
2. Resilience. Veterans have had to stick through hard times before, and this is something every business owner needs to be able to go through.
3. Kinship. Veterans should invest in other veteran business because we have always supported each other, and should continue to do so. We also understand each other in ways that can only be understood by the common bond of service.
1. Integrity. This is something we take for granted in the military, but definitely can't be taken for granted in the private sector.
2. Resilience. Veterans have had to stick through hard times before, and this is something every business owner needs to be able to go through.
3. Kinship. Veterans should invest in other veteran business because we have always supported each other, and should continue to do so. We also understand each other in ways that can only be understood by the common bond of service.
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