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 really a hard charger that has started his business while still on active duty. He is Currently a 2LT in the United States Army and the Co-Founder & CEO of OweYaa. I would like to welcome Luke Jenkins.
You can follow Luke here
So tell me a little bit about what you do in the military
How long are you planning on staying in?
What was it that caused you to start your business while still in the military?
I am sure that having a business while still in the military requires some extra level of caution and making sure you don’t cross any lines as far as the military is concerned. Can you talk about what special things you had to do to make that happen?
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?
How about if you get deployed?
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?
Now we talked about what transitioning Veterans need to consider before starting their own business. What other things do you think they need to think about outside of business as they prepare for transition?
In this episode with Luke we heard some great advice you can take advantage of on your own vetrepreneur journey!
- Formulate your idea into a pitch deck to share with people for feedback
- If you have an idea, START
- Use resources like Bunker labs
- Use the leveling up method to grow rather than waiting on that one big contract or sale
- Communication is key, especially with a distributed team
Also some general transition tips are
- Formalize your plan
- Set short term and long term goals
- Be proactive and don’t expect anything, you need to compete and work for it
- Slack (check out the Operation Code channel)
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