The atrocities in Syria have been dominating news stories as of late. It seems, sometimes, that never again will we have quiet on the Western front — a period of peace to allow our broken economy to heal properly.
[CLICK HERE to read the article, “9 questions about Syria that you were too embarrassed to ask,” at The Washington Post, August 29, 2012.]
Perhaps it’s appropriate to observe some of the more positive outcomes of our nation’s strong human capital resources. For example, when our soldiers returned home from World War II in 1945, the so-called “Silent Generation” quietly set about rebuilding their lives, contributing to the economy and creating the largest baby boom in history. Their efforts played a tremendous part in the boom of the post-war economy, and the private sector grew organically.
[CLICK HERE to read the report, “Economic Recovery: Lessons from the Post-World War II Period,” at Mercatus.org, Sept. 10, 2012.]
One of the things we’ve learned about vets is that they make great workers. And why wouldn’t they? There’s a spirit about entrepreneurship that is inherently…American. Perhaps that’s why so often veterans excel at business — they’re loyal to the principals of democratic capitalism, and understand the value of discipline and hard work.
CLICK HERE to read the article, “Veterans on the front lines of small business,” at CNNmoney.com, Aug. 30, 2013.]
[CLICK HERE to read the article, “Why do military veterans make such great entrepreneurs?” at Inc.com, May 13, 2013.]
[CLICK HERE to read the report, “Helping Veterans Pursue Entrepreneurial Dreams,” at Forbes.com, July 1, 2012.]
It’s interesting that people who become accustomed to taking orders also become accustomed to giving them. Perhaps that comes from being just a little bit behind the curve — oppressed, if you will. We often hear stories of women who emerge from nothing, with everything against them, who succeed in small business.
Perhaps it’s out of necessity — the “failure is not an option” dictum that single parents face. Perhaps it’s sheer determination to succeed when others say it’s impossible. In fact, Sub-Saharan Africa has the highest percentage of women in the world who start businesses — because they need income as opposed to trying to tap a market opportunity.
[CLICK HERE to read the article, “Minority Women Entrepreneurs: Go Getters Without Resources,” at Forbes.com, Aug. 28, 2013.]
[CLICK HERE to read the Global Entrepreneurship Monitor 2012 Women’s Report at Babson College, 2013.]
[CLICK HERE to read the article, “Success is Even Sweeter When You’ve Been Down and Out,” at Inc.com, Sept., 2013.]
Whatever incites that level of determination and perseverance — it’s American alright. Say what you will about this being a nation of brash, arrogant cowboys. Yes we are. We’ve earned that reputation through grit and sweat and soiled hands — both literally and metaphorically.
Much like the veterans who lifted this country out of the Depression Era, we will persevere. Despite terrorist attacks, unscrupulous money managers, and corrupt politicians — we will press on, just as our forefathers did and as we serve as a role model for future generations.
Whether you’re interested in starting a new career because you’ve separated from the military, or because you want to try something new in retirement or because you just plain hate your job, entrepreneurship is the backbone of the American economy. Bring it on.
We’re here to help you provide assistance with developing a retirement income strategy — now and in the future. Bring us in.
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Source: Woods Blog Old