Tech Talks Daily

580: How Patriot Boot Camp Is Turning Soldiers Into Entrepreneurs


Listen Later

Patriot Boot Camp offers a series of programs under the Techstars banner that gives military veterans the tools and connections to launch a tech startup.

Did you know that military vet entrepreneurs are twice as likely to be operating their businesses after five years of operation? And like all startups should know, only 10 percent actually stick around and go on to succeed. So why are military vets more likely to stay in business?

Some of the biggest companies in the US were founded by military veterans like Nike, GoDaddy and FedEx. Vets have historically been successful at starting their own businesses, dating back to after WWII (where 50% of veterans-owned businesses), but vet entrepreneurship has been on a steady decline over the years, now with only 5.6% veteran-owned businesses in the US.

This is because vets don’t have access to resources and supportive communities like they did after WWII. Today’s GI Bill doesn’t provide military and vets with access to low-interest loans to start businesses (like the GI Bill did during World War II).

Patriot Boot Camp (PBC) is on a mission to turn these numbers around by empowering veterans to use the skills attained from operating in a high stress, demanding environments and translate them into successful business ideas of their own.

PBC has already helped over 750 entrepreneurs start successful businesses, with alumni raising over $70M in capital and creating over 1,300 jobs during its six years of operation. Alumni accomplishments range from appearances on ABC’s Shark Tank, acceptance to top venture accelerators like TechStars and Y Combinator and seven successful alumni company acquisitions.

Josh Carter, CEO of Patriot Boot Camo discusses the gaps in entrepreneurial support that military veterans often encounter and much more in today's tech podcast

...more
View all episodesView all episodes
Download on the App Store

Tech Talks DailyBy Neil C. Hughes

  • 5
  • 5
  • 5
  • 5
  • 5

5

197 ratings


More shows like Tech Talks Daily

View all
HBR IdeaCast by Harvard Business Review

HBR IdeaCast

177 Listeners

a16z Podcast by Andreessen Horowitz

a16z Podcast

1,040 Listeners

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch by Harry Stebbings

The Twenty Minute VC (20VC): Venture Capital | Startup Funding | The Pitch

519 Listeners

Software Engineering Daily by Software Engineering Daily

Software Engineering Daily

621 Listeners

The Official SaaStr Podcast: SaaS | Founders | Investors by SaaStr

The Official SaaStr Podcast: SaaS | Founders | Investors

175 Listeners

The TWIML AI Podcast (formerly This Week in Machine Learning & Artificial Intelligence) by Sam Charrington

The TWIML AI Podcast (formerly This Week in Machine Learning & Artificial Intelligence)

441 Listeners

Fintech Insider Podcast by 11:FS by 11:FS

Fintech Insider Podcast by 11:FS

186 Listeners

Gartner ThinkCast by Gartner

Gartner ThinkCast

112 Listeners

Super Data Science: ML & AI Podcast with Jon Krohn by Jon Krohn

Super Data Science: ML & AI Podcast with Jon Krohn

298 Listeners

NVIDIA AI Podcast by NVIDIA

NVIDIA AI Podcast

331 Listeners

DataFramed by DataCamp

DataFramed

267 Listeners

Practical AI by Practical AI LLC

Practical AI

192 Listeners

Big Technology Podcast by Alex Kantrowitz

Big Technology Podcast

454 Listeners

Business Breakdowns by Colossus | Investing & Business Podcasts

Business Breakdowns

353 Listeners

The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis by Nathaniel Whittemore

The AI Daily Brief (Formerly The AI Breakdown): Artificial Intelligence News and Analysis

491 Listeners