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How to honor veterans with American entrepreneurial opportunities

May is National Military Appreciation Month. With Memorial Day landing on the 25th this year, I want to pause and reflect on a positive trend of veterans putting their military experience to use in the most American way possible — starting and running a successful business.

Perhaps it is a sign of a rugged spirit to embrace a crazy, wacky idea of running your own business with no guaranteed income, lots of hours, and a chance you could lose it all, only because you want to be your own boss, take risks and enjoy the benefits.

When you think about it, America has long been a nation that honors entrepreneurs who take the risks and pay the price to get a business going. The founders of America were a scrappy bunch of independent-thinking, hard-working people, and they were entrepreneurs in their own ways. It makes perfect sense to help veterans foster and nourish that entrepreneurial spirit.

Ah, entrepreneurship! I love it and am proud to be in that rare and distinguished breed. Veterans have had opportunities to learn special skills that can be adapted to entrepreneurial activities.

Veterans are twice as likely as civilians to start a new venture, and they achieve a higher success rate, according to the Institute for Veterans and Military Families at Syracuse University.

Rise of the vetrepreneur

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