VR&E Self Employment Track #benefits #veterans #va
Summary
TLDRThe self-employment track is designed for veterans aiming to start their own businesses. It offers vocational counseling, business plan development, and training in small business operations. Veterans can receive tuition assistance for certifications, financial aid for business fees, and potentially startup funding. The track emphasizes the importance of analyzing business viability and focusing on core services or products over administrative details. It also encourages exploring additional resources like SCORE and Vets and Tech for further support.
Takeaways
- 🚀 Track number three is designed for veterans aiming to start their own businesses, offering support to develop a viable business plan.
- 💼 Veterans can collaborate with a vocational and educational counseling team with business expertise to refine their business concepts.
- 🏫 Training is provided on operating a small business, including tuition assistance for necessary certifications and licensure.
- 💵 Financial assistance is available for business-related fees and startup costs, which can be a significant benefit for new entrepreneurs.
- 🔍 The script encourages looking beyond VA resources, suggesting exploring SCORE under the SBA and VetStart for tech-focused businesses.
- 🌟 Veterans with a service-connected disability that hinders traditional employment may find self-employment a suitable path, supported by the program.
- 📝 The program offers coordination services for business plan development, analysis of business concepts, and guidance on small business operations.
- 📈 Emphasis is placed on the importance of analyzing the viability of the business concept and focusing on the core service or product rather than initial administrative details.
- 🤝 The script shares a personal story of a veteran who leveraged the program to start a successful business with government contracts.
- ⏰ The narrative highlights the importance of not taking the benefits for granted, even for those who didn't experience direct combat, as the commitment to service is valued.
Q & A
What is track number three for veterans?
-Track number three is the self-employment track designed for veterans who want to start their own business. It involves working with a vocational educational counseling team to develop a business plan and bring a viable product to the market.
What kind of assistance can a veteran expect in developing their business plan?
-A veteran can expect coordination services to help with developing a business plan, analysis of their business concept, training in small business operations, marketing, and finances, as well as guidance on getting the right resources to implement their plan.
Are there financial benefits available for veterans pursuing self-employment?
-Yes, veterans can receive financial assistance for business fees, startup costs, and may also be eligible for funding through the VA to help get their business off the ground.
What additional resources are suggested for veterans considering self-employment?
-Beyond the VA, veterans are encouraged to look into SCORE under the SBA and Vets and Tech for entrepreneurship programs and resources.
What is the significance of the disabled veteran-owned business designation?
-The disabled veteran-owned business designation can help veterans land federal contracts, providing an additional avenue for business growth and success.
What are the eligibility criteria for the self-employment track?
-To be eligible for the self-employment track, a veteran must have an employment barrier, be enrolled in VR&E, and have a service-connected disability that makes it difficult to prepare for, obtain, and maintain suitable employment.
How does the program help veterans determine the viability of their business concept?
-The program provides analysis and guidance to help veterans evaluate whether self-employment and their proposed business are viable options.
What is the importance of focusing on the core service or product when starting a business?
-The core service or product is crucial as it directly affects customer satisfaction and business success. The script emphasizes not getting hung up on administrative details and focusing on providing value to customers.
What advice is given to veterans starting a business regarding their business plan?
-Veterans are advised not to get caught up in the minutiae of writing a business plan but to focus on iterating it based on real data and making necessary adjustments to improve their business.
Why is it important for veterans to consider self-employment benefits even if they didn't experience combat?
-The benefits are earned through the commitment to service, and veterans are encouraged to take advantage of them regardless of their specific military experiences, as they can provide significant support for starting a business.
Outlines
🚀 Self-Employment Track for Veterans
The self-employment track is designed for veterans who aspire to start their own business, offering support to develop a viable business plan. This track connects veterans with vocational counselors who have business expertise to refine business concepts for market success. The program provides training in small business operations, financial assistance for business-related fees, and help with obtaining necessary certifications and licenses. It also emphasizes the potential for financial aid to cover startup costs, which is crucial for new entrepreneurs. The speaker encourages veterans to explore additional resources beyond the VA, such as SCORE under the SBA, and to consider programs like Vets and Tech for tech-oriented businesses. The benefits of the self-employment track include coordination services for business plan development, analysis of business concepts, training in operations, marketing, and finances, and guidance on implementing the business plan. Eligibility criteria include having an employment barrier, being enrolled in the VR&E program, and having a service-connected disability that makes traditional employment challenging.
🌟 Leveraging Military Service for Entrepreneurship
Chris shares a personal anecdote about his time in the Navy and the realization that not fully utilizing the benefits available to veterans can lead to regret. He discusses how a classmate, who experienced hearing issues after service, discovered the self-employment program and successfully transitioned to running his own business with government contracts. Chris emphasizes the importance of not taking these benefits for granted and encourages veterans to seriously consider the self-employment track. The summary also touches on the importance of focusing on the core business concept and customer service rather than getting bogged down in administrative details when starting a business. The advice is to seek help, iterate quickly, and make business decisions based on real-world feedback.
Mindmap
Keywords
💡Self-employment track
💡Vocational rehabilitation
💡Business plan
💡Tuition assistance
💡Financial assistance
💡SCORE
💡Vets and Tech
💡Disabled veteran-owned business
💡Service-connected disability
💡Vocational Rehabilitation and Employment (VR&E)
💡Business concept analysis
Highlights
Self-employment track is designed for veterans wanting to start their own business.
Veterans work with a vocational educational counseling team with business backgrounds.
The track helps develop a business plan and tweak business concepts.
Training provided on operating a small business.
Financial assistance is available for business fees and startup costs.
Veterans can receive tuition assistance for certifications and licensure.
Encouragement to explore resources beyond the VA, such as SCORE under the SBA.
Vets and Tech offers an entrepreneurship program for tech-oriented businesses.
Enrolled veterans may qualify for the disabled veteran-owned business designation.
Services include coordination for business plan development and analysis.
Training in small business operations, marketing, and finances is provided.
Guidance on obtaining the right resources to implement the business plan.
Eligibility requires an employment barrier, enrollment in VR&E, and a service-connected disability.
The importance of leveraging one's service-connected disability for self-employment.
Personal story of a veteran leveraging the program to start a successful company.
Emphasis on the importance of not overlooking benefits due to lack of combat experience.
Advice on focusing on the viability of the business concept over administrative details.
Encouragement to start doing business quickly and iterate based on data points.
Transcripts
all right track number three is the
self-employment track so this is for
veterans who want to start their own
business they have a clear vision of
what successful business might look for
them uh they can work with a vocational
educational counseling team um with
business backgrounds to develop a
business plan tweak their Concepts and
uh bring something to the market that
has a viable long-term way of succeeding
so uh for all you entrepreneurs out
there track number three could be for
you this track involves training on how
to operate a small business a veteran
can get tuition um assistance to attain
certifications and licensure that may be
necessary for their business as well as
financial assistance needed for their uh
business fees so the actual fees the
business needs um so anyway it's uh it's
a good track to take a look at you might
also be able to get uh some financial
assistance related to the business
startup costs that is huge for anybody
out there in cyber space that has ever
started a business that initial um round
of funding to get off the ground often
times comes out of your own wallet and
it can be more than you expect so if
there is an Avenue here through the VA
to get a little startup funding I
strongly encourage you to take a look at
that and then the last thing we say is
there are other avenues Beyond just the
VA here um if you're starting your un
employment so I encourage you to to look
at this but also take a look at score
which is under the uh
SBA uh just Google that really quick and
uh there is a world of resources there
so I encourage veterans to take a look
at that as well so yeah and if you have
a business that is uh Tech in nature um
look at vets and Tech because vets and
Tech has an entrepreneurship program and
just meeting other uh veteran
entrepreneurs is like a really huge step
forward to and and also don't forget
that if you get enrolled through this
program it means that you're a disabled
veteran and you can get the dis the uh
disabled veteran-owned business uh
designation as well and land some
federal contracts if that's in your
wheelhouse uh so let's talk about what
services are um kind of provided through
the self-employment track again they got
four bullet points here I wanted to
share those so it says what kind of
benefits can you get through the R
self-employment track which again this
is one of those things where it's like
you would never think that this would
even be something that was talked about
from the gigantic Department of Veterans
Affairs totally you know bureaucratic
and red tape everywhere right you just
don't you don't picture them leaning
forward on this but uh the four bullet
points are coordination services to help
with developing and uh the proposal of
the business plan analysis of your
business concept uh training in small
business operations marketing and
finances guidance and getting the right
resources to implement your business
plan after you develop your business
plan we'll review it and evaluate
whether
self-employment uh and the proposed
business are viable options now what do
you need to be able to move forward in
this it says here all of these must be
true the first two bullet points are the
same as the last track which are you
have an employment barrier or handicap
and your enrolled in vr& meaning that
they've accepted you into the program
and now and they they do that because
they do have the ability to say no
you're not right you meet these other
things but you're not enrolled in vr& so
that's why they add that in there so the
third one's a little bit different your
service connected disability makes it
hard for you to prepare for obtain and
maintain suitable employment now
leaving you your only option is to be a
self-employed person essentially right
so uh you need to to make sure that you
leverage that really my
conditions I can't really do anything
right for I can't stand too long I can't
sit too long I can't stay up too long I
can't sleep too long I can't you right
I'm all over the board and um you know I
just need something where I can be
self-employed and do a little here do a
little there and make a little bit of
income or maybe even employ a few people
to do it for me or work wonky hours
because it's it's cyber stuff you know
or it stuff and I could I could work at
at midnight coding things and doing
whatever making websites or whatever it
is so just important to to keep in mind
what they're looking
for so you can make sure that you're
saying the right things to help them
help you get to where you want to go if
you know what I
mean all right so with that let's uh
let's move on to the or Chris wants to
say something now go ahead Chris you're
on
mute you're still on mute you're still
on mute you got something in your eye
yeah yeah I you know it it was that time
I spent on the Navy
ship god well well you know what's
interesting and again you know I was it
was uh my years of active duty I was it
was coming right after the first Gulf
War and then obviously right before uh
the second and so you know my my peers
and folks that were in at the same time
as we felt like you know hey yeah we got
banged up a little bit sure you know but
we weren't in any wars and so we came
out we were lazy or or stupid or both uh
by not really taking some of this stuff
seriously and so you know fast forward
25 28 years um and
for one reason or another life has
presented us different things that now
we regret not taking this a lot more
seriously but the good thing is that and
I just had a you know a classmate of
mine that um he you know it was he
actually went and I pushed him to go get
he was having ringing he was field
artillery he had ringing in his ears
ever since that I I could remember um
and then uh you know he actually went
for a different reason to get his
medical eval records evaluation and then
discovered about this program of
becoming self-employed and it was
actually a really U Progressive and
instructive process for him uh and he
wasn't happy in his job and and and so
he was able to leverage us and now he's
started his own company he's got
government tracks government contracts
he's up in Sacramento he's getting ready
to hire some some folks to work for him
and so you know
even if you discover some of these
things late these are very very good
benefits that uh we've all earned in one
way or another whether or not we had
bullets flying at us or um or we didn't
the the reality was we signed up and
knew that there was a chance that could
have happened so just because you didn't
actually have that you know don't don't
take these benefits for granted please
yeah I think um kind of bullet to
forward from what Jason just mentioned
are the most important ones particularly
around analysis of the viability of the
business concept so um a lot of folks
when they're starting a business uh get
hung up on the initial sort of minutia
that's writing a business plan and what
they find out later is the business plan
kind of collects dust and they don't
iterate it like they're supposed to and
they spend an inordinate amount of time
figuring out their name and their logo
and their colors and all this other
administrivia that at the end of the day
is is pretty important but nothing's
more important than the service or
product that you provide to the customer
so that's where the analysis piece and
the sales and marketing piece come in so
uh don't get hung up on the on the
administrivia and the am minutia when
you're starting your business get lots
of help uh but get to doing business as
quick as you can and then get data
points and make tweaks to your your
business based off of what's working and
what's not
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