Episode 123 - 5000 Veteran Entrepreneurs in 2018

The POWER of Small Business

If you were going to reverse the failure rate of small business, how would you do it? Over recent decades, according to the US Small Business Administration, only 30% of new ventures survive past their tenth birthday. That is a travesty. There are tremendous resources available that could help most companies survive and thrive. Why don't they? In many cases, it's simply a matter of a new entrepreneur's emotion and not having any idea what they don't know. In other words, the new small business owner has plenty of enthusiasm with which to launch the venture, but not enough understanding and knowledge to profitably survive. Veterans are a group that statistically tend to be more successful. What if you could tap into the experiences of veterans from earlier combat generations, like Korea, Vietnam and Desert Storm, and teach their post-war learning from the entrepreneurial trenches to new veterans? Then suppose you could document their experiences and bundle them with the best training across America and streamline it's availability? Could you reverse the failure rate? We think so...