Living the Dream
Consider that prior military service is one of the strongest predicators of who in this country is likely to start a business; while military veterans represent approximately 6% of the U.S. population, veterans account for almost 15% of all business owners.
In 1985, the Mid-Atlantic Research Company conducted a survey on behalf of the Office of Veterans Affairs and U.S. Small Business Administration, demonstrating that historically 41.5% of those who served in the military have been self-employed, as compared to 24.5% of the non-veterans. Looking to prior, post-war periods it's clear that business ownership represented a compelling vocation for transitioning service members; nearly half (49.7%) of the World War II veterans went on to own or operate a business, as did 40% of the Korean War veterans.
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