Veteran Wealth Secrets

015 with Elis Salamone - Failure Is Not the End


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Today we will have a meaningful conversation with Elis Salamone, an entrepreneur, a board-certified Women’s Health Nurse Practitioner, and an Army/Air Force Combat Veteran. She will delve into a deeper meaning of failure and success, the importance of planning, looking at the pros and cons when transitioning, and much more. 

Episode Highlights:

  • 04:05- Looking at pros and cons in transitioning  
  • 04:35- Don't move for a job, but to a place with a support system
  • 12:39- The meaning of failure and its relevance to success
  • 13:36- Combating the unconscious biases of being a military woman of color in the civilian world 
  • 19:33- Elis is helping people through coaching methodology figure out if entrepreneurship through franchising is the right pivot for them. 
  • 22:29- The beauty of franchising 
  • 22:44- Veterans are the most successful franchise owners because they know how to follow a system


3 Key Points:

  1. When you get out of the military, be careful where you move to, don't move for a job, but move to a place where you have a support system. 
  2. Failure is not the end, but it's just another stepping stone to success. Re-engage, pivot, and go in a different direction as you learn from it. 
  3. Franchising is a very successful business model where most veterans became successful owners because they know how to follow a system. 

Quotes:

  • “When you're transitioning or decide to get out of the military, make sure to look at all the pros and cons and have some sort of plan.”- Elis Salamone 
  • “You can't keep on doing the same thing and expect a different result.”- Elis Salamone
  • “Failure is a failure if you don't learn from it. It's just another stepping stone to success.”-Elis Salamone 


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Veteran Wealth SecretsBy A military retiree's blueprint to maximize your retirement pay.