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Strengths Veteran Entrepreneurs Have Over Non-Veteran Founders

Name: Strengths Veteran Entrepreneurs Have Over Non-Veteran Founders
Uploaded: 2020-05-26T19:28:44+00:00
Duration: 1 min 50 s
Channel: Royston G King
Description: In a conversational interview, the speaker highlights the unique qualities veterans bring to entrepreneurship. Drawing on personal experience with a…

26 May 2020 · 2 min

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1:50

In a conversational interview, the speaker highlights the unique qualities veterans bring to entrepreneurship. Drawing on personal experience with a veteran father who ran multiple businesses, they emphasize that military training instills leadership, the ability to make rapid decisions under limited information, and comfort with constant pivoting—skills essential for navigating crises in business. The discussion extends to military spouses, noting their frequent relocations foster resilience and adaptability. The speaker cites data indicating that when veterans receive equal access to capital, they outperform civilian business owners, countering the common perception that veteran entrepreneurs are a high‑risk group. Overall, the content argues that many entrepreneurial competencies are already embedded in veteran experiences, reducing the need for additional training.

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What traits do you have or that have you seen that veterans possess that make them great entrepreneurs?
Oh my gosh, everything. So my dad is Air Force, he's a great, was Air Force, he's a 3-time entrepreneur and watching him growing up in his company, you know, embodying leadership, I shared earlier that he was laughing at me complaining how much we have to pivot And he, you know, in dad fashion said, well, I had to pivot every day in the Air Force or I would have died, you know. And so veterans, I think, truly have the leadership training to go through extreme situations, crisis, limited options. How do you get enough information that's not all the information to make a fast decision? Team. Leadership. I mean, there's just so much there. And so when I see a veteran-owned company come through our door, I just know that there's going to be a lot of qualities that are frankly already there that don't need to be taught. And so, and I will just say through crisis, I especially see extreme optimism with both veterans and I'll also say military spouses because they, They have to move a lot, they have to pivot, they have to pick up and do a lot of change, be very resilient. So I'll add them there as well. So, you know, I just see a lot of success metrics around veterans. All the data shows when veterans get equal access to capital, they tend to outperform civilian owners. And so I think that's important because I sometimes hear, oh, this is a high-risk community, and I— that is actually not true through the data.