Monday, July 16, 2018

What One Needs To Know About Entrepreneurship For Veterans

By Cynthia Johnson


It is all about the money. That is a reality of life. In the modern day life, money is a big motivator. It is the main motivation for starting a business. If an enterprise cannot be able to make the desired profits, one might have to close it down. Money is the lifeblood of business and commerce and it is the reason why many former servicemen usually think about entrepreneurship for veterans. It is better to run an enterprise rather than being an employee of a person especially if an individual is a veteran. That is the ultimate truth.

A true veteran is skilled in very many areas and that is a core reason why he is a better position to run a business compared to the average person on the streets. Military training alone will equip a person with hard and soft skills. Many years of service will take the skill level of a serviceman to a completely new level.

Veterans definitely have many soft skills. To become an entrepreneurship success story, a great deal of soft skills is needed. These make a person to be able to effectively deal with other human beings and to handle business challenges in the best manner possible. Doing business is all about human contact and dealing with the everyday business challenges.

The number one soft skill that is possessed by all former servicemen is discipline. It is impossible to pass military training if one is not disciplined. In life, discipline is generally needed if one wants to enjoy the good things of life such as success. Veterans are also known for their high level of patience. Thus, they can patiently deal with customers and suppliers.

The number one requirement in doing business is being diligent. Nothing on earth will come on a silver platter. An individual will need to work very hard if he wants to succeed in a particular entrepreneurship activity. A lazy person cannot succeed in the military. He will eventually be chased from the military academy in question. Thus, a veteran is a diligent person.

Having soft skills is not the end of the road. One also needs to have particular hard skills if he desires to become a success story in entrepreneurship. What are needed the most are hard skills that are related to the line of business in question. A technology entrepreneur will need to understand a number of the latest technologies.

In the military, technology is usually greatly emphasized. Military people are usually trained on some technologies. As a matter of fact, most of the technologies are usually started in the military. The US military has given the world many amazing technologies including cell phone technology, the person computer and also computer networking among many other awesome things. A veteran is tech savvy.

After military service, a person will have to decide what do to with his life. There are those who usually choose the path of employment. On the other hand, there are veterans who normally choose to venture into entrepreneurship. Starting a business greatly helps the economy through job creation and paying taxes. One will also be able to grow his wealth through entrepreneurship.




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