Success Factors for Veteran Entrepreneurs

What are veteran & military entrepreneurs facing when it comes to success?

This project began with a question: What makes veteran entrepreneurs successful?  

To learn the answer, the National Association of Veteran-Serving Organizations (NAVSO) partnered with Purdue University’s Center for Global Urban Sustainability, Military Family Research Institute, and Center for Regional Development. Purdue has a proven track record of conducting both research and engagement with military and veteran families, studying and promoting entrepreneurship, and mobilizing data to study patterns.  

The goals of this project were: • To generate actionable insights using empirical data; • To increase awareness and understanding about needs and determinants related to the success of veteran-owned businesses; • To promote collaboration among organizations that promote and support veteran entrepreneurship; and • To identify action steps toward accelerated success.

WANT TO BE THE FIRST TO SEE THE RESULTS?

“It’s easy to stay busy as an entrepreneur; but really hard to stay busy doing the right things.” - Chris Ford, NAVSO Founder

 FREE VETERAN ENTREPRENEUR RESOURCE

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Here's what we learned...

Performance Model — Conceptual Version

LESSON ONE  

Factors for Success

We learned what input and process factors drove growth in veteran businesses. By applying these lessons, veteran entrepreneurs are more likely to grow a successful business.


What veterans thought was important in relation to business growth.

LESSON TWO  

Veteran Perceptions v. Actual Growth 

We learned the veteran's perspective on what was important in terms of business growth. Often, we found misalignment between what veteran entrepreneurs thought would drive business growth and what was actually growing successful businesses.


LESSON THREE  

Making smart decisions

Want to ensure your business fails? Make these mistakes common to veteran entrepreneurs.


READY FOR THE FINAL RESULTS?

Download the full report for our exclusive insights today.  

Key insights identified for veterans, service providers, policy makers & investors included.  

Research in partnership with NAVSO Inc. & Purdue University