The 2022 National Survey of Military-Affiliated Entrepreneurs provides detailed insights into the experiences and challenges of military spouse entrepreneurs. This term encompasses spouses and partners of active duty, National Guard, and Reserve service members, as well as veterans and retirees. Based on data from 243 current business owners who self-identify as military spouses, 80% of whom are female, the findings reveal robust entrepreneurial activity alongside critical support needs to ensure their success in the business landscape.
Key Insights From Military Spouse Entrepreneurs
Career Impact
The data shows significant challenges in the traditional job market, driving many military spouses toward entrepreneurship as a flexible and accommodating career path.
Positive Role of Entrepreneurship
Many military spouses find entrepreneurship a rewarding alternative, contributing positively to their professional lives.
High Entrepreneurial Spirit
Military spouse business owners exhibit a strong entrepreneurial drive, with many seeking to create positive social impact through their ventures.
Starting the Business
A significant number of military spouse entrepreneurs are first-time business owners, often entering the field out of necessity rather than opportunity.
Top Operating Challenges
Military spouse entrepreneurs face substantial barriers in several key areas:
Financial Barriers
Marketing & Sales Barriers
Regulation, Business Climate & Policy Barriers
Social and Human Capital Barriers
Financial Needs
Financial constraints are a significant hurdle, with many military spouse entrepreneurs needing modest amounts of capital and facing high-interest debt.
