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Veteran Entrepreneurs Are Growing In Ranks

When I'm not running my own business, writing articles about business, speaking to groups and organizations about business, or consulting with companies who want my advice about the running of their business, I teach a weekly class on the subject of (care to guess?) starting and running a business.

Credit Pacific Service Union To quote my frequently-mentioned and wise-beyond-her-years teenage daughter, Chelsea, "Dad, you really need to get a life." This advice coming from a child who believes all roads lead to the mall.

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Credit First Service Union What my eldest offspring doesn't understand is I have a great life. In fact, I am living the life I have always dreamed of living. My life just happens to revolve around Planet Business. I am an entrepreneurial addict, a business junkie. Business is my chocolate, my Krispy Kreme donut, my nicotine, my caffeine, my crack. Maybe I'll start a 12 step program for entrepreneurs who want to kick the habit and charge a cover to get in. Hi, my name is Tim, and I'm an entrepreneur... Sounds like a great business idea to me.

But Rep. Bernie Sanders ( VT), the Ranking Independent on the subcommittee, said that extensive inaccuracy in credit reports, coupled with growing identity theft, underscored the urgent need for stronger consumer protections. Sanders repeatedly said the place to start was "one free credit report per year." Vermont was one of the first states to have a law requiring one free credit report per year. Throughout the House's spring and summer hearings, Sanders continued to harangue committee members about the need for a federal right to a free credit report.

Card Credit Mobile Service Out of everything I do I get the most enjoyment from speaking and teaching. Maybe it's the old stand up comedian in me, but nothing feeds my addiction like standing in front of a room of entrepreneurs talking about the ups and downs, the ins and outs, the do's and don'ts of business.

Daryl Yurek and J. Madison Ayer don't like the term "credit repair." Instead, they prefer to describe their young and growing company, Veracity Credit Consultants, as representative of a new, consumer approach in which helping customers remove errors from their credit reports is only one part of a suite of services. 193 Singletary, Michelle, "Growing Consumer Debt Requires Reliable Credit Counseling, " March 4, 2004; Page E03

Card Credit Discover Service My latest class of eager entrepreneurs is a special one in that it is made up almost entirely of U.S. Military Veterans: nearly two dozen men and women of all ages who either have a business idea in mind or are in the process of actually starting and running a business.

This follows a study conducted by the group which discovered that 35 per cent of business managers cite credit management difficulties as the biggest problem for new and growing companies. Richard Wilson, chairman of the BBPG, explained the importance of credit management for new firms. "When considering taking a new business idea forward, entrepreneurs must ensure that good credit management practices are in place to help reduce the risk of business failure as a result of late payment or bad debt and help protect cash flow, " he explained.

Credit Public Service Union Going around the room, I asked each student to stand up, introduce themselves, and talk a little about their business idea and what they expect to get from the class. As I listened to each Vet speak, I was impressed at the passion the entire group exuded. Most new entrepreneurs love to talk about their business idea, but this group was somehow different. They were more precise in their thinking, more intense, more passionate than the average entrepreneur. This group was not only excited at the prospect of starting their own business. They were downright zealous about it.

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Card Credit Processing Service As each Vet stood to talk about their idea and their expectations, the rest of the group hung on every word and was truly interested in what was being said. The typical entrepreneur is only interested in his own venture and has a hard time feigning interest in anyone else's. That was not the case here. Each Vet not only listened intently, but empathized with the speaker, as if they were taking a vested interest in the speaker's idea and were eager to help the speaker succeed. It was as if the group who had never met before, had come together as a single cohesive unit with one mission in mind: to succeed in business.

Center Credit Service Union The theme became: No man (or woman) left behind, in battle and in business.

Card Credit Service Wireless I supposed I should not have been too surprised. These were, after all, highly-trained, highly-disciplined individuals who have spent time in every corner of the globe in conditions most of us can only imagine. One young entrepreneur in particular was so freshly back from the Middle East that you could almost imagine sand on the floor beneath his boots.

Credit Security Service Union They are an impressive group, indeed, and it is my privilege to serve as their leader for the next six weeks. I am learning far more from them about the human spirit than they are learning from me about business. I hope they see it as a fair trade.

Credit Report Service Veteran entrepreneurs are emerging as one of the fastest growing segments of new entrepreneurs. According to a recent Small Business Administration (SBA) study there are approximately 4.2 to 5.5 million veteran-owned businesses in the United States. The study further revealed that 22% of veterans are either considering starting or purchasing a business in the near future or are in the business start up or purchase phase now.

Blogspot Com Christian The SBA study was done as a result of The Veterans Entrepreneurship and Small Business Development Act of 1999, which required the SBA's Office of Advocacy to develop information on the various programs designed to assist veteran and service-disabled veterans succeed in business.

Christian Counseling Credit The SBA study found that:

Credit Federal Service Union More than one-third of "new veteran-entrepreneurs" and current veteran business owners had obtained skills from their active duty service that were directly relevant to business ownership. This should come as no surprise when you consider the intensity of the training and the emphasis on discipline that comes with military training.

Credit Monitoring Service Over the course of their career the typical longer-term Veteran receives at least cursory training in everything from time management to employee relations to supervisory techniques to dealing with subordinates (employees) to budgeting and accounting to supply chain management and so on and so on.

Credit Division Service One organization that is working hard to promote entrepreneurship among Veterans is the Veteran's Corporation. Headquartered in Alexandria, Virginia, the Veteran's Corporation bills itself as "the complete business source for current and prospective Veterans and Service-Disabled Veteran business owners, and for companies interested in working with Veteran-owned businesses." The Veterans Corporation is a 501(c)(3) non-profit corporation that was created in 1999 by Public Law 106-50, which also set a 3 percent goal for federal procurement to Veterans including Service Disabled Veteran-owned businesses.

Card Credit Online Service The Veterans Corporation serves transitioning military personnel and all Veterans of the U.S. Armed Forces, National Guard and Reserve, seeking to link them with partners and purchasing agents in both the public and private sectors.

Consumer Counseling Credit Inc Membership to the Veterans Corporation is free and available to all transitioning military personnel and all Veterans of the U.S. Armed Forces, National Guard and Reserve. Members will find assistance in securing capital for a business, entrepreneurial education, access to markets and services, and business networking.

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