U.S. VETERANS AS EMERGING ENTREPRENEURS: SELF-EFFICACY, INTENTIONS AND CHALLENGES

Veterans may acquire technical skills and leadership ability from their military service but have little information concerning specific entrepreneurial tasks, such as developing a business plan. This descriptive survey study examines avenues for veterans to find assistance to acquire needed skills, adding to their entrepreneurial self-efficacy. We surveyed 68 U.S. veterans who were emerging entrepreneurs, either owning their own business or indicating they intended to start their own company. Veterans' personal attitudes and beliefs, including entrepreneurial self-efficacy, risk propensity and tolerance of ambiguity, may increase their entrepreneurial intentions. A model of veterans as emerging entrepreneurs and five propositions are offered.