Entrepreneurs

Veterans Turned Entrepreneurs: A New Trend Changing America

Veterans Turned Entrepreneurs Are Taking Over

In recent years, veterans turned entrepreneurs have become one of the most inspiring success stories in the American business landscape. These men and women, once serving on the frontlines of defense, are now leading from the front in boardrooms, tech hubs, and Main Streets across the country.

From launching tech startups and small businesses to heading nonprofit organizations, veterans are proving that military discipline, leadership, and problem-solving skills are not only assets in the battlefield—but also in business. In fact, this emerging trend is reshaping the way America views both entrepreneurship and military service.


Why Are Veterans Becoming Entrepreneurs?

There are several reasons why more veterans are transitioning into entrepreneurship after their military service:

1. A Strong Sense of Purpose

Veterans often seek a meaningful mission after leaving the military. Starting a business allows them to create purpose-driven ventures—whether that’s solving community problems, creating jobs, or helping fellow veterans.

2. Leadership and Discipline

Military service instills unmatched leadership skills, discipline, and mental resilience. These are key ingredients for any successful entrepreneur navigating the challenges of running a business.

3. Risk Management Experience

Business involves risk—and veterans are no strangers to it. Their experience in handling pressure and making decisions in high-stress situations prepares them for the unpredictability of entrepreneurship.

4. Access to Veteran Resources

Programs like the SBA’s Office of Veterans Business Development (OVBD), Boots to Business, and organizations such as Bunker Labs offer training, funding, and mentorship to help veteran entrepreneurs succeed.


Real Stories: Inspiring Veterans Turned Entrepreneurs

1. Blake Hall – ID.me

Blake Hall, a former U.S. Army Ranger and Harvard Business School graduate, founded ID.me—a digital identity verification company. Today, it serves millions of users and partners with major government agencies and retailers.

2. Kimberly Jung – Rumi Spice

Kimberly Jung, a former Army officer, co-founded Rumi Spice to import saffron from Afghanistan. Her mission-driven company not only brings exotic spices to the U.S. market but also empowers Afghan farmers and promotes economic stability.

3. Mathew Griffin – Combat Flip Flops

After serving in the 75th Ranger Regiment, Griffin started Combat Flip Flops—an apparel company that creates products in conflict zones to promote peace through business. It’s a radical idea that blends capitalism with humanitarian goals.


Industries Where Veterans Are Thriving

Veterans are finding success across various industries:

  • Technology: Many veterans are starting tech companies, especially in cybersecurity, AI, and logistics.
  • Franchising: Fast-food chains, fitness centers, and automotive services offer franchise opportunities that suit veterans’ leadership and operational strengths.
  • E-commerce: The flexibility of online retail and dropshipping appeals to those looking to build something on their own terms.
  • Nonprofits & Advocacy: Many veteran entrepreneurs are building organizations focused on mental health, veteran reintegration, and homelessness.

Veteran-Owned Businesses by the Numbers

According to the U.S. Census Bureau and the Small Business Administration (SBA):

  • Over 2.5 million veteran-owned businesses operate in the U.S.
  • These businesses generate more than $1 trillion in annual sales.
  • They employ over 5 million people, showing their impact on the economy.
  • Veterans are 45% more likely to be self-employed compared to non-veterans.

These numbers prove that veterans are not only starting businesses but are thriving and contributing to economic growth.


Challenges Faced by Veteran Entrepreneurs

Despite their strengths, veteran entrepreneurs face unique challenges:

• Lack of Civilian Network

After years in service, many veterans lack the civilian professional networks that other entrepreneurs rely on for business opportunities and mentorship.

• Difficulty Accessing Capital

Many veterans struggle to secure traditional bank loans or venture capital, especially if they lack a financial track record or collateral.

• Transition Trauma and Mental Health

Post-traumatic stress and difficulties adjusting to civilian life can affect confidence and mental well-being—key factors in business leadership.


Support Systems for Veterans Turned Entrepreneurs

Fortunately, several programs and organizations help veterans make this transition smoother:

1. Boots to Business (B2B)

Offered by the SBA, this program provides entrepreneurial education to transitioning service members and their spouses.

2. Bunker Labs

A national nonprofit that helps veteran entrepreneurs build and grow businesses through accelerators, mentorship, and networking events.

3. StreetShares Foundation

Provides funding and support for veteran-owned businesses, including grants, competitions, and educational content.

4. VA’s VetBiz Portal

Allows veteran business owners to register and compete for federal contracts through the Department of Veterans Affairs.


The Economic and Social Impact of Veteran Entrepreneurs

Veterans turned entrepreneurs are not just chasing profits—they are solving real problems:

  • Job Creation: Veteran-owned businesses often hire other veterans, creating job opportunities within the community.
  • Innovation: Many bring fresh ideas from their military experience into civilian industries, driving innovation.
  • Civic Engagement: Veteran entrepreneurs often lead with a service mindset, contributing to social causes and local development.

How the Trend Is Evolving in 2025 and Beyond

In 2025, this trend is gaining even more momentum:

  • Increased Funding Opportunities: More venture capital firms are launching funds dedicated to veteran-owned startups.
  • Rising Public Awareness: The media and policymakers are highlighting veteran success stories, encouraging more veterans to follow suit.
  • Greater Inclusion: Efforts are being made to support minority veterans and female veteran entrepreneurs—groups historically underrepresented in business.

The combination of technology, remote work, and flexible funding is creating a perfect environment for veterans to shine as business leaders.


What Can the Public and Government Do to Help?

Supporting this powerful movement requires collective effort:

  • Buy from veteran-owned businesses.
  • Support veteran entrepreneurs through mentorship.
  • Advocate for increased government contracts and funding opportunities.
  • Share their stories to inspire others.

Conclusion: A New Mission, A New Future

Veterans turned entrepreneurs are proving that life after the military can be just as impactful as their time in uniform. With their unmatched discipline, leadership, and mission-first attitude, these men and women are transforming the American economy—one business at a time.

They are building more than companies—they’re building communities, creating jobs, and inspiring a new generation of leaders. As this trend continues to grow, it’s clear that veterans have found a new mission—and this time, it’s business.

Read Next – Crowdfunding Success Stories That Made U.S. Startups Thrive

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