At Folla Capital, we're passionate about supporting veteran-owned businesses and fostering an inclusive investment community. That's why we've teamed up with four veterans who are now business owners and investors for an informative webinar. It dives deep into the challenges faced by veteran entrepreneurs and explores the opportunities for unlocking the necessary capital to fuel their success.
Allow us to introduce our panelists:
Rob Cooley, a serial entrepreneur with a rich background as the former Chief of Staff of the US Army Reserve;
Carrie Roeger, a Marine Corps veteran who has gone on to become an accomplished business leader and co-founder of multiple successful ventures;
Paul Huszar, a visionary CEO who spent 23 years in the Army, including multiple tours, and now leads VetCor LLC, a restoration company focused on creating opportunities for veterans;
Dennis Volpe, a Navy veteran turned CEO, Founder, and Executive Performance Coach and Leadership Consultant. He is also a serial investor passionately supporting veterans.
The Need for Capital
Supporting veteran entrepreneurs is not just a moral imperative but also a strategic opportunity. Veteran-owned businesses are underrepresented in the business landscape, and we want to change that. Our panelists shed light on the unique challenges veterans face when seeking capital and highlight the incredible value of military training in developing effective business leaders. Together, we explore the common misconceptions surrounding special grants and funding for veterans and show you how we can bridge the gap.
Financial Management Challenges
One of the challenges that we have as veterans is we don't necessarily come prepared with the knowledge to understand capital, how to use it, or how to get it. It's a roadblock that can be overcome through education and support. That's why we introduce you to programs like Warrior Rising and Pass The Guidon, which empower veterans with the financial education they need to make informed decisions about their businesses. No matter where you are on your entrepreneurial journey, remember you’re not alone.
Leveraging Other People's Money (OPM)
In the world of entrepreneurship, it's crucial to embrace the concept of leveraging other people's money (OPM). We discuss how you can utilize Reg CF or SBA loans to cover the initial capital requirements, allowing you to focus on growing your business without solely relying on personal funds. Understanding debt service and creating a realistic business plan are both essential components of success. We'll equip you with the knowledge and resources needed to navigate this territory with confidence.
Importance of Proper Capitalization
Proper capitalization plays a pivotal role in the success of any business, and veteran-owned ventures are no exception. We delve into the risks associated with undercapitalization and emphasize the importance of conducting due diligence and structuring your business appropriately. Despite the challenging investment landscape, we want to assure you that money is available for good stories and strong teams.
Valor Capital Group's Role
As fellow veterans, we're committed to leveling the playing field and empowering our tribe to take control of their financial future. Our role is to bridge the gap between veteran investors and veteran entrepreneurs, creating a supportive community where guidance, mentorship, and investment opportunities abound. We encourage you to engage with the Valor Capital Group community, tap into the resources we offer, and network with like-minded individuals who are eager to support you on your journey.
Finding Your Tribe
Building momentum within the veteran entrepreneurship ecosystem is essential to drive lasting change and create opportunities for success. Those who have served themselves best understand how valuable military service is. It's hard to explain unless you've been there. We get it. Through this collaboration, we're here to empower you as a veteran entrepreneur and investor. Our panelists' experiences, knowledge, and insights are at your disposal as you navigate the path to unlocking capital and realizing your dreams. Together, we can make a difference and achieve extraordinary things. Join us on this exciting journey, and let's unlock the capital that veteran entrepreneurs truly deserve.