Entrepreneurs Find Opportunity After the Military in Key Cities
(BPT) - John Lentini carefully considered his career options after leaving the Navy. He decided to leverage the leadership skills fostered in the military by starting a business in Asheville, North Carolina, specializing in search-engine optimization.
“I had the infrastructure to do it, and there wasn’t a lot of competition,” says Lentini, owner of AshevilleSEO.org. “In Asheville, people like to support local things.”
Lentini’s example supports the findings in a recent list that named Asheville as the best place in the United States for veteran entrepreneurs.
Military transition experts with USAA and an initiative of the U.S. Chamber of Commerce Foundation called Hiring Our Heroes commissioned the list. They worked with researchers from Sperling’s BestPlaces and the Institute for Veterans and Military Families at Syracuse University to come up with a list of 10 metro areas with a strong veteran-owned and small business environment.
They analyzed more than 400 metropolitan areas by criteria such as veteran-owned businesses per capita, small businesses per capita and overall economic stability. Cities in Florida and North Carolina dominated the list.
“This list identifies the top places for those veterans who want to use their discipline and determination to start and grow a small business,” says Eric Eversole, vice president at the U.S. Chamber of Commerce and president of Hiring Our Heroes.
Geographic location choices are very important for service members entering the civilian workforce, especially those wanting to start their own business, Eversole says.
That’s certainly the case for Brian McCarthy, CEO of Always Home, a real estate company specializing in concierge services for landlords and absentee homeowners. Always Home is based in Sarasota, Florida, which ranks No. 2 on the list of Best Places for Veteran Entrepreneurs.
“We have about 70,000 veterans in Sarasota County and surrounding areas, including 14,000 military officers,” says McCarthy, who served in the Navy. “It’s very veteran friendly with lots of activities for veterans. When you have that type of support, it makes it easy.”
This list provides a snapshot of places where starting a small business could make sense. For instance, it excludes areas with a median cost of living of more than 20 percent above the national average.
It also aligns with the post-separation help service members learn about through the military transition assistance program from the U.S. Department of Defense. USAA also offers the military separation assessment tool to help give veterans a starting point from which to plan their next steps.
Lentini, the Asheville business owner, gives simple advice whenever he meets with others transitioning away from military life.
“Use whatever resources you can get your hands on,” Lentini says. “And don’t be shy about telling customers you’re a veteran. It helps.”
The full entrepreneurship list includes:
- Asheville, North Carolina
- Sarasota, Florida
- West Palm Beach, Florida
- Staunton, Virginia
- Prescott, Arizona
- Wilmington, North Carolina
- Missoula, Montana
- Ft. Lauderdale, Florida
- Oklahoma City
- Fort Walton Beach, Florida