According to the Bureau of Labor Statistics, there are 2.5 million veteran-owned firms that employ over 5.8 million people. A veteran owns one in ten of every ten business. So what makes veterans good entrepreneurs? In this article, we get insights on qualities that can be transferred from battlefield frontline to business fronts that make veterans good entrepreneurs.Luis Jorge Rios Combat Veteran & Freelance Journalist Discipline and hard work 'Military precision' is used to denote the accuracy and meticulous plans that go to an activity or event. The military is associated with getting their work portion done even when under no supervision. Veterans are used to that kind of discipline. Establishing successful business ventures is no different. Businesses often have different facets that require your attention as an entrepreneur. Sales, HR, financing, planning, marketing, to mention a few, require proper coordination to achieve desired results. Veterans can transfer the discipline, and the work ethics learned in the frontline to the business front and boardrooms with excellent results. Related: How the Memory of His Fallen Brothers Powers Dakota Meyer's Passion Dedication and focus The military is trained to focus until they win. The commitment to serving goes beyond a pay or reward. It's about service and royalty. Enterprises will require dedicated attention and focus an all elements that count if they are to succeed. Focusing on providing a solution or value to the clients is essential for a business to thrive. Veterans who carry this focused attitude and values to the business environment are likely to succeed. Teamwork
Successful enterprises require coordination between various business elements and teams. Veterans, on the other hand, are used to teamwork. It's their style of work to work in groups or organizations. Collaboration creates trust and lines of responsibility. To grow or scale businesses beyond sole proprietorship calls for cooperation for which veterans have the upper hand. It is no wonder veterans are 45% more likely to be self-employed than non-veterans. Ability to work under pressure Establishing and running business ventures is not smooth sailing. There are challenges to deal with regularly. Having the ability to deal with stressors and stressful situations is suitable for businesses. Problem-solving is a skill that is part of military work. Veterans who venture into the market are likely to handle and solve problems better. Having a team that is dedicated to serving, disciplined, hardworking, and resilient is good for business growth. While veterans can transition some of their skills in the service to make good entrepreneurs building such a team takes patience. Related: 5 Tips for Military Vets Transitioning Into a Remote Workforce or Business While in The US Army deployed to Iraq and later to Afghanistan with the depart of state under contract. I experienced many situations that have made me my decisions more planned and thinking ahead of possible outcomes similar to mission briefings. The goal with my column writing is to bring readers who haven't served a point of view for business from the military mindset, and those who have served helped to learn from those who have the skill to succeed in business. Read more from Entrepreneur ## CMS owned www.PayOnlyForSales.com Pay Only For Sales dot com is a network partner of the largest reward network in the USA. PayOnlyForSales.com Call us 631-780-4607 Watch This Video Click Here Restaurants, Retailers & Service Businesses Pay Only For Sales Not You're Advertising Advertise on the best websites & apps FOR FREE and only pay for in-store sales. We Bring ChaChing ©™SM Lower your cost of Business POS Credit Card transaction fees fast! ChaChingBiz.com ©™SM Accept Credit Cards Every Way Customers Want to Pay Never Miss a Sale Again. Sign Up Now Accept All Major Credit Cards. No waiting to get your money, Get your money daily, yes 7 days a week! We can reverse fees to customers at your option to encourage cash transactions. We are global and part of the largest network of business services in this space, provide direct personal customer service we have what you need for all business types restaurants, gas stations, startups, online, retail, hotel, motel, services business small business, street fair, food trucks, landscaper, contractor, swipe, POS systems for all needs. Cha Ching Biz ©™SM |
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