Winter Garden Magazine January 2019 | Page 14

From Boots to Business: Veterans give tips to fellow entrepreneurs you’re a veteran interested in opening your own small I f business, you’re far from alone. In fact, entrepreneurs often find that the same characteristics reinforced in the Armed Services - traits like decisiveness, courage, logistical acumen and the ability to stay calm under pressure - serve them well in founding and sustaining small businesses. Research backs that up; a recent report by the Small Business Administration indicates some 2.52 million businesses in the U.S. - a full 9.1 percent of all American businesses - are majority-owned by vets. “Starting your own business is very difficult, but I would accentuate the advantages the veteran has,” advises Jim Haslam, a Korean War vet and founder of Pilot Flying J, the largest travel center network in North America. “Two things you really understand are discipline and hard work. Take advantage of your service experience in the selection of what you’re going to do, who you’re going to hire and the course your business will take.” If you’re a veteran exploring the possibility of entrepreneurship, consider these further tips from successful vets. Learn from others’ experience. 14  | WINTER GARDEN MAGAZINE | JANUARY 2019 BPT