Ways Military Veterans Can Achieve Success in the Business World

Military veterans have achieved a lot of success during the time they served our country, and they can also achieve success when transitioning back into the civilian world. There are several different industries that veterans go into after retiring from the military, and here are some ways that they can become successful.

Start Your Own Business

Veterans can have their own certified business, known as a VOB (veteran-owned business) or a VOSB (veteran-owned small business). It doesn’t matter which industry your business operates in, as long as you’re a veteran and you own and operate at least 51% of the business. What’s most important is that you get your business certified, and this can be done if you’ve just started or even if your business is already established. Veterans can start any type of business they wish, and here are a few ideas:

  • Accounting
  • Automotive
  • Cleaning
  • Coffee
  • Computers
  • Consultant
  • Entertainment
  • Fitness
  • Healthcare
  • Home services
  • Industrial

How to be a Successful Entrepreneur

The military provides you with a number of valuable skills, and many of these skills can be used as an entrepreneur. Being a successful entrepreneur requires you to have a clear strategy, be willing to both learn and teach, pull strong business insight, and understand the future of your work. Successful entrepreneurs also never give up when times are tough; they always work hard, they tap into all possible resources that will help their business grow, and they persevere because they know that new businesses don’t see success right away and that it can take years for them to see growth.

Highest Paying Jobs in Business

The pressures and responsibilities of being a business owner aren’t what everyone wants. People, especially military veterans, can still be successful in business without being the owner of a business. Here are some of the highest-paying jobs in the business.

Marketing Executives

These people are the ones responsible for all aspects of marketing for a company. This can include planning, organizing, and promoting techniques to help maximize the earnings of a business. Educational requirements include obtaining a Bachelor’s degree in marketing or public relations, and they can earn anywhere from $80,000 to $150,000 each year.

Chief Executive Officer

Chief executive officers, known as CEOs, are the ones who oversee a company. Most of the time, they are the owners and creators of a business, but this isn’t always the case. CEOs usually hold a Master’s degree in business administration and can earn anywhere from $62,000 to $137,000 per year.

Human Resource Managers

Within a company, HR (Human Resources) is responsible for every step of employment, from advertising open positions and recruiting and interviewing candidates to onboarding, training, and even terminating employees. Educational requirements to become an HR manager are a little more specific: a Master’s degree in business administration with an emphasis in human resources. They can make anywhere between $73,000 and $126,000 a year.

Other Jobs for Veterans

Law Enforcement/Law

This is a popular, well-suiting career path for many former soldiers since a lot of the training learned in the military can be necessary for law enforcement. Veterans can make good police officers, emergency dispatchers, crime scene investigators, and even defense lawyers, which is especially important for those who need proper representation when involved in an accident.

Education

Veterans can make some of the best educators, and it can be at any level of education. In fact, about 13% of veterans who worked in civilian jobs were educators.

Healthcare

The healthcare industry is another popular field that veterans tend to gravitate towards. Many become RNs (registered nurses), pursue medical research, or go into hospital administration.

Veterans can see success in any line of civilian work, and many possess qualities similar to those of successful entrepreneurs. Also, remember that there are several resources out there meant to help veterans, no matter what line of work they decide to pursue.