Today’s Wall Street Journal covers a recent study from the Small Business Administration’s Office of Advocacy suggesting a “strong correlation between military service and self-employment.” The data shows men and women who served in the armed forces at least 45% more likely to start their own businesses and be self-employed than those with no active-duty experience. The research shows character traits common to the military – discipline and leadership – are often more important than training, education or culture.
At On Deck, we’ve been working with a growing number of entrepreneurs with military backgrounds – including several veterans of Iraq and Afgahnistan who have launched exciting businesses back home. Stay tuned for their stories in our upcoming profiles!
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