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Fred Smith – The Marine Who Founded FedEx

Fred Smith – The Marine Who Founded FedEx

Fred Smith – The Marine Who Founded FedEx

 

By Debbie Gregory

The entrepreneurial spirit is a mindset. It’s an attitude and approach to thinking that actively seeks out change, rather than waiting to adapt to change. It’s a mindset that embraces critical questioning, innovation, service and continuous improvement.

Many millennials get their idea of entrepreneurship from watching Shark Tank, giving little thought to the fact that most of the goods and services they enjoy probably sprang from the imagination of an entrepreneur.

Fred Smith is the founder, chairman, president, and CEO of FedEx. In 1962, Smith entered Yale University. While attending Yale, he wrote a paper for an economics class, outlining overnight delivery service in a computer information age. It is said that his professor told him that, in order for him to get a C, the idea had to be feasible.

Following his graduation, Smith served two tours in Vietnam with the Marine Corps, one as an infantry officer and one as a forward air controller. There he witnessed the military’s logistics operations, using flight to move personnel and equipment on a massive scale.

After leaving the military with a few distinguishing medals, including a Silver Star, a Bronze Star and two Purple Hearts, Smith bought an aviation company that would grow to be FedEx. He named the company Federal Express because he believed the patriotic meaning associated with the word “federal” suggested an interest in nationwide economic activity.

Federal Express officially began operations on April 17, 1973. That night, 14 small aircraft took off from Memphis and delivered 186 packages to 25 U.S. cities.

Today, FedEx is consistently recognized as one of the most admired brands in the world and one of the best places to work. But like many innovative companies, it started out as an idea championed by a determined person.

Resources for Veteran Business Owners

vet owned

By Debbie Gregory.

Many veterans exhibit advanced team building skills, high levels of resiliency and strong organizational commitment, traits that contribute to making them successful entrepreneurs. There are numerous resources that assist veteran business owners thrive, including the following:

VAMBOA, the Veteran and Military Business Owners Association, is a non-profit trade association that promotes and assists Veteran Business Owners, Service Disabled Veteran Owned Businesses (SDVOB) and Military Business Owners by providing networking, collaboration, mentoring, education, certification and advocacy. Membership is free.

American Corporate Partners is engaged in national corporate career counseling for returning military. The non-profit connects veterans to business leaders for mentorship and career advice.

BusinessUSA provides users with an interactive questionnaire that guides them to the most relevant federal, state, and local services, tools, trainings, and opportunities, assisting in starting or expanding a veteran owned small business.

DVBE, the Disabled Veteran Business Alliance, empowers, provides resources to, and works side-by-side with disabled veterans to promote and support them in establishing, maintaining and growing viable business enterprises.

EBV Foundation’s Entrepreneurship Bootcamp for Veterans with Disabilities offers training in entrepreneurship and business management to post-9/11 veterans with service related disabilities.

Federal Business Opportunities is a portal for all businesses, not just vet owned, looking for active federal contracting opportunities.

Honor Courage Commitment, Inc. provides resources such as grants, scholarships and a fellowship program to veteran entrepreneurs, designed to build leadership qualities.

Institute for Veteran and Military Families provides a wide variety of resources geared towards military veterans re-entering the workforce or looking to start their own businesses.

National Veteran Business Development Council (NVBDC)  is the nation’s leading third party authority for certification of veteran owned businesses of all sizes.

National Veteran Small Business Coalition supports veteran owned small businesses by promoting policies that encourage participation of veteran owned businesses in federal contracting opportunities.

Patriot Boot Camp  focuses on helping active duty military, veterans and their spouses build technology companies. The three day event provides participants with free education, training and mentorship.

Small Business Administration (SBA) provides a multitude of assistance to veterans in their local communities, including Veteran Business Outreach Centers, Boots to Business,

SDVOSBC , the National Center for Veterans Institute for Procurement, Veterans Business Outreach Center (VBOC), and Leveraging Information and Networks to Access Capital (LINC) .

Streetshares brings together business owners in search of funding and investors looking for both financial and social returns.

21 Gun Salute Initiative supports service-disabled veteran owned businesses with the goal of reserving 3% of contracts for service-disabled veteran owned small businesses.

VetBiz is a VA website that provides information about the Center for Verification and Evaluation’s verification process for veteran owned businesses looking to gain eligibility for the VA’s Veterans First Contracting Program.

VetBizCentral is a veteran run site that assists veteran and active duty military entrepreneurs through training and counseling, networking opportunities, mentoring and advocacy.

Veteran Entrepreneur Portal provides access to a number of business tools and services, from business education to financing opportunities.

Veteran Fast Launch Initiative provides mentoring and training, along with free software and other services, to military veteran entrepreneurs.

Veteran Women Igniting the Spirit of Entrepreneurship  provides resources, courses and mentorship to female veterans who have started businesses or are looking to do so.

Vetrepreneur Mentoring provides mentoring services to help veteran entrepreneurs with everything from contractor registration to website creation.

Victory Spark is an accelerator program focused on startups led by U.S. military veterans. The program includes a 12-week mentor-driven Lean LaunchPad Program, along with grant funding for entrepreneurs who complete the program.

Military Connection salutes and proudly serves veterans and service members in the Army, Navy, Air Force, Marines, Coast Guard, Guard and Reserve,  and their families.

IBM and VA Work Together for Improved Brain Health for Veterans

braintrust

Last year, IBM launched its new Veterans Employment initiative to help veterans and military spouses through its i2 Analyst’s Notebook software. Now, IBM is once again

doing its part for veterans by co-sponsoring and participating in VA’s Brain Trust: Pathways to InnoVAtion in Washington, D.C., April 20 and 21. This is the first ever public-private partnership event focused on brain health.

The Pathways to InnoVAtion is an unprecedented and diverse gathering of world-class brain health leadership and expertise will foster collaboration among private industry, national/professional sports organizations, the Federal government, innovators, scientists, athletes, clinicians, care-givers, and veterans.

Joining many of the world’s brightest brain research scientists at the event are: sports commentator Bob Costas, General Peter Chiarelli, founder of One Mind, and the former Vice Chief of Staff of the Army, former U.S. Women’s Soccer Player Briana Scurry, author Jeanne Marie Laskas former professional wrestler, author, and founder of the Concussion Legacy Foundation Chris Nowinski, emmy award winner Terry O’Neil, representatives from the NFL Players Association, the NFL, the NCAA and DARPA.

Brain Trust: Pathways to InnoVAtion will build upon the outcomes of the VA TBI research conference held in August 2015. Through accelerated teamwork and partnering exercises, the event will endeavor to identify critical brain health solutions in the areas of prevention, diagnosis, treatment, rehabilitation, and the reintegration of individuals stricken with the effects of mTBI and/or PTSD. The work at Brain Trust will not only serve Veterans and Service-members, but ultimately all Americans afflicted with these issues.

The event will be held at the National Press Club and the IBM Institute for Electronic Government .

IBM is a corporate sponsor of VAMBOA, the Veteran and Military Business Owners Association.

Military Connection salutes and proudly serves veterans and service members in the Army, Navy, Air Force, Marines, Coast Guard, Guard and Reserve,  and their families.