Posted on Jan 15, 2015
SFC Doug Lee
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hi vets. For those you may want to start a business and haven't been able to, what is the reason or reasons why not?
Posted in these groups: Entrepreneurship logo Entrepreneurship
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Responses: 15
CPT Michael L.F. Slavin
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I was broke with no money and bankrupt. I wrote a business plan, raised $203,000 in 2 weeks from strangers and was a millionaire 3 1/2 years later.I tell you how to do it in my book, One Million in the Bank: How To Make $1,000,000 With Your Own Business, Even If You Have No Money Or Experience On Amazon). You really, really should read it. I have also written a Veterans' Guide To One Million in the Bank. It does have good original material, but you must get the main book.

You can do it. If you plan right. All of the 12 stories in my book, people were millionaires in 3-7 years from starting with nothing. Feel free to contact me with questions after or before you get the book, http://www.onemillioninthebank.com.
God bless! Good Luck!
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SGT Shaul Funt
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the current economy is not favor for small businesses currently
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SFC Doug Lee
SFC Doug Lee
11 y
Hi Shaul, I agree the economy is a challenge but there is a better way for some.
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SGT Team Leader
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Location, business type, skill-set, family obligations, capital. Quite a few variables.
There's a vast difference between a small entrepreneurship and owning a company. I hear this from younger service-members constantly" "When I get out, I'm just going to go into business for myself."
Sounds pretty easy. Where's your start-up funds? Do you know how much advertising costs? Store-front or home business? Employees? How many? Tax code? Overhead? Implementation? Travel? Hometown? Demographics? Experience? Tools? Technology...tools and software? Clientele?
The point is: The average person doesn't come of the military knowing all of these things.
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SFC Doug Lee
SFC Doug Lee
11 y
Totally agree Erin. It sounds like you have thought this through. Are you in business?
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SPC Larry Buck
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Not enough money, I'm wanting to build a Perpetual Energy Generator, and it'll be expensive, but no body calls back!
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SFC Doug Lee
SFC Doug Lee
11 y
hi Larry. Maybe you can do something else to build up enough capital. I can help with that.
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SPC Larry Buck
SPC Larry Buck
11 y
Well trying for my Class A CDL license, for work but need to promote the idea a lot do not want it cause fears of job loss, but its a growing market and to cut and paste jobs along the way will only strengthen the infrastructure and hold up the economic development
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MSgt Timothy Johnson
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I attended ever transition programe available. I felt everything covered was for individuals applying or sending a resume to a larger company like Walmart or Amazon. What the transition program failed to compare the idea of teamwork, honesty, integrity and being responsible with that of the civilian workforce. I was quickly hired at every company I interviewed with. The first was a large warehouse similar to what I did as an E3. I found out real quick that other employees were ready to jump me behind the building. Their reason was I worked too fast and had ideas for making our truck loading more safe and efficient. Next job - I was hazardous materials qualified inspector / certifier while working at a shipyard. There were tons of hazardous paint and marine coatings tossed everywhere in the yard. I volunteered to properly identify, store and dispose of all that stuff. I was laughed at and told they have no money and I had no business of knowing what was there. So if I knew the outside world was so cutthroat I would have opened my business befor all this. I have nothing right now due to fighting Parkinsons.
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MSgt Timothy Johnson
MSgt Timothy Johnson
11 y
Considering business but need a little help now because of PD. I had a great small businesses going just prior to my PD. I moved out of my garage and into an old service station. I provided auction support in the resell of items for auction Owners and winners. I started with two auctioneers that bought a ton of anything! They had no interest in cleaning, listing on line and most of all packing and shipping. I listed 100 - 130 items a week. I shipped via all modes. Six months in I got sick for three weeks and none of my family had any interest in what I did. So I occasionally look for a partner but no luck yet.
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SFC Doug Lee
SFC Doug Lee
11 y
oh gotcha. Well you are entrepreneur minded and I love that. Owning a business is the best way to achieve wealth. Would you have any reason at this point to look at something new if I sent you a video?
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MSgt Timothy Johnson
MSgt Timothy Johnson
11 y
Well, sure. I had a web site called safety am.com. Sold it just 6 months after starting it. Right now I have a drop ship for stun guns and other self defense items. That runs on auto pilot. So what do you have?
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SFC Doug Lee
SFC Doug Lee
11 y
Hi Timothy, I sent you a pm
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