The document discusses a startup week event focused on veteran entrepreneurship. It provides background on military demographics and statistics related to veterans transitioning out of service. Factors that influence veteran entrepreneurship are described such as characteristics learned in the military that relate to entrepreneurship. Issues surrounding veteran entrepreneur networks are discussed like a lack of funding options and entrepreneurship education. Finally, the document outlines how to build stronger veteran entrepreneurship ecosystems through improving resources and connecting different support organizations.

1. @SDStartupWeek

2. STARTUP
WEEK
San Diego Startup Week (SDSW)
is the region’s premier catalyst
for innovation, creativity &
entrepreneurialism.

3. SDSW EVENT TRACKS

4. Thank You 2017 Sponsors!

5. Event Title Goes Here
Presented by
Jaûne L. Odombrown
[ Veteran Entrepreneurship]
1@SDStartupWeek

6. We will be discussing the following:
Veteran Entrepreneurship
3@SDStartupWeek
▪ Understanding Military Demographics
▪ Factors Influencing Veteran Entrepreneurship
▪ Issues Surrounding Veteran Entrepreneur Networks
▪ Building Veteran Entrepreneurship Ecosystems

7. About Me
▪ (15) Years as a Foster Child
▪ (10) Years United States Marine Corps
▪ (1) Bachelors in Entertainment Business
▪ (1) Bachelors in Business Administration
▪ (1) Masters in Innovation & Entrepreneurship
▪ (1) Successful Startup “Rock The Base”
▪ (1) Current Startup “Smartpreneur”
4@SDStartupWeek

8. 5@SDStartupWeek
Understanding
Military Demographics

9. Understanding Military Demographics
3@SDStartupWeek Reference: (Military OneSource, Demographic Report 2016)

10. Military Across The United States
3@SDStartupWeek Reference: (Veteran Affairs, GDX Report 2016)

11. Veteran Population In California
3@SDStartupWeek
San Diego
1.79 million
301,821
267, 463
Veteran Population in California
Veteran Population in Los Angeles
Veteran Population in San Diego
Reference: (Veteran Affairs, GDX Report 2016)

12. Vital Military Veteran Statistics
3@SDStartupWeek Reference: (Veteran Affairs, GDX Report 2016)
Nearly 200,000 service members
transitioning out of the military
each year
of transitioning service
members want to start a business200K 25%

13. 5@SDStartupWeek

14. 5@SDStartupWeek
Factors Influencing
Veteran Entrepreneurship

15. Factors Influencing
Veteran Entrepreneurship
▪ Individual Characteristics
▪ Entrepreneurship is a Learned Discipline
▪ Valuing a Team Environment
▪ Ability to Devise a Plan and Execute
▪ Lets Face it, Being Your Own Boss
Successful
entrepreneurship is
often associated with
a tendency to engage
in risks, creativity,
and leadership, which
are necessary
throughout the
entrepreneur journey.
4@SDStartupWeek

16. 5@SDStartupWeek

17. 5@SDStartupWeek
Issues Surrounding
Veteran Entrepreneur
Networks

18. 7@SDStartupWeek
Unique Economic Competitiveness Challenges Lack of Entrepreneurship Education
• Translating Military Characteristics into Entrepreneur Skills
• Eliminating the Superman Effect
• Outdated Business Development Centers
Limited Financing Options & Funding Solutions
• 1 of 2 Veterans will Face 18 Months of Unemployment
• Unemployment is not a time to be an Entrepreneur
• Every Veteran has a Unique Economic Challenge
• High Growth Veteran Entrepreneurship Goes Overlooked
• Startup Lending is practically Non-existent
• Venture Capital or Angel Funding aren’t Very Attractive
• Too Many Options Not organized Enough
• University or Online Entrepreneurship Education
• Too Many Friends Not Enough Mentors
Too Many Cooks In The Kitchen

19. 5@SDStartupWeek
Building Veteran
Entrepreneur Ecosystems

20. Rethink The Entrepreneurship Stages
3@SDStartupWeek Reference: (Veteran Affairs, GDX Report 2016)
Ideation TestingResearch
S
Structuring Funding
M A R T

21. 5@SDStartupWeek

22. Veteran Entrepreneurship Ecosystem Database
3@SDStartupWeek Reference: (Veteran Affairs, GDX Report 2016)
Venture
Capital
&
Angel
Funding
Private
Lenders
&
Banks
SME’s
&
Businesses
Entrepreneurs

23. QUESTIONS?
7@SDStartupWeek