Military service and small-business ownership share a distinctive relationship, dating back more than a half-century. Veterans remain more likely to own a business than nonveterans and often tend to out-earn nonveteran entrepreneurs. High-performing entrepreneurs tend to demonstrate good decision-making in chaotic environments, along with confidence, independence and high self-efficacy and achievement — all traits commonly found in service members and veterans.
Recently, Military.com shared a report from IVMF highlighting a few results from the National Survey of Military-affiliated Entrepreneurs. We encourage you to view it as well to see the latest insights directly from military-connected entrepreneurs.