When I speak to friends and colleagues, I am often asked how I come up with my PreVeteran entrepreneurship and small businesses ideas. When they ask me the question, I often ask them one right back. “Have you ever had a great idea?” The answer, nine times out of ten, is “yes.” My next question is, “Did you capture it?” The answer is almost always “no.” (more…)
The last 90 days of my 20-year career with the Air Force were fantastic! My wife, two small kids, and I traveled Space A to Europe, visited my wife’s family in Michigan and trekked across the country from Virginia to Jackson Hole, Wyoming, where we will live our post-retirement life and raise our children. The change of pace from living in Northern Virginia and working at the Pentagon to living in Wyoming cannot be more different. The blue skies, big mountains, and slower pace of life are a very welcome changes indeed! (more…)
After talking to hundreds of PreVeterans about creating a small business while serving, most members seem to fall into two distinct categories of thought. Those who have never considered small business creation as a viable path to financial and personal freedom and those who are overly optimistic and want to hard-charge toward small business with no plan. Despite these two groups being diametrically opposed, it appears to be the landscape and not a position that acts in the best interest of either group.
More than ever, I believe that PreVeterans have the very best DNA to become entrepreneurs and small business owners. They are organized, educated, motivated, know how to plan, and lead a group of people in a common direction to carry out an objective or mission. Small business is not different. In fact, it is exactly the same. However, in order to begin making inroads with both groups and promote a more successful approach, we need to understand the challenges associated with their train of thought and develop and instill a more rational approach to thinking about small business. (more…)