Hi this is Pete Blum bringing you another episode of the Veteran Connections Podcast where my mission is to help transitioning Veterans and Veterans already out of the military engage with the business community, and to share the knowledge and tools needed to successfully start a business. The Veteran Connections Podcast brings you experience and advice from fellow Veterans who are business owners and have made the transition from the military and into the business community.
There are Veterans transitioning out of the military every day. Some of them have an idea or a passion that they want to turn into a business. Having the right connections can be the one thing that makes the difference between a success or a failure. In this Veteran Connections Podcast I will be talking to Veteran business owners about what steps they are taking, the hurdles they have ran into, what advice they have for you, and what they hope life will look like a few years from now. With these real life interviews and real life results you can gain the expert knowledge from those that have been there. From your military brothers and sisters.
Today’s guest is a wizard at financial stability and planning. He wants to help Veterans start off their year right so they can be more financially stable. He is an Army Veteran and the Founder & Principal Advisor of James Advisors Group. I would like to welcome James Daniel Snow.
You can follow James here
So tell me a little bit about what you did in the military.
Transition from the military (easy or hard)
What was it that caused you to go in that direction and start your own business?
Tell us about your company’s mission
What were the steps you took to get your business up and running?
Do you feel like your military experience and training helped prepare you to be a Veteran business owner?
What were some of the challenges you faced getting your business started?
What is the key to the success of your business?
Would you say it was your military experience or other things you learned that have been more helpful in making you successful in your business?
Are you going to use your business in some way to either help or hire other Veterans?
What is the one most important thing you have learned since starting your business that you can share with future Veteran business owners?
For transitioning Veterans wanting to start their own business what action items list would you give them?
In this episode with James we heard some great advice you can take advantage of on your own vetrepreneur journey!
- You have to plan properly for the business you want to start and make sure you gain the knowledge of the specialties that you need to have on your tool belt for success.
- Develop a solid core team
- Find a business attorney that can help you with your business plan and structure.
- Find a CPA to assist you with the tax world.
- Find a financial planner to help with your businesses financial planning.
- Additionally before you even transition out of the service be sure to get everything in writing and have it printed out. Have copies of all benefits and assets.
The Veteran Connections Podcast provides advice from Veterans for Veterans. A lot of people like you and me that have been through the military have the same thoughts and a lot of the same questions. We may have even had the exact same struggle. I hope you find some answers as you go on this Veteran Connections journey with me where we will learn, explore, and get answers to your questions.
Another great resource for Veterans wanting to start their own business is the Small Business Administration (SBA)
If you need more information or want assistance implementing one of the things you learned about today you can contact me. I can teach you techniques and strategies to help you connect and network in the business community so you can reach your personal or professional goals. Email me at firstname.lastname@example.org and let me know how I can help you!
I hope that you have enjoyed this podcast episode and if you have a burning question that you would like to get answered by an experienced Veteran business owner about starting your own business go ahead and email me. I will be sure to answer it in a future episode!
Thank you for listening! -Pete