By James Pruitt, Senior Staff Writer

Veteran Business Owners have a right and a responsibility to market their talents and skills. Successful paths are myriad, as are roadblocks. Many of these roadblocks are psychological. Here is a list of some of the most common misconceptions veterans often have that impede their paths to running a successful business.

1) “I don’t have the resources.”

A Veteran Business Owner need not invest unwieldy amounts of cash or resources to carve out a place in the economy. “Start small” is often the best strategy. Your best resource is yourself. 

A new business can start with meager resources, assuming a good concept. Good planning conceivably may keep the dream alive. 

Consider Sophia Amoruso, founder of the fashion company Girlboss Media. She literally started her fashion company browsing secondhand stores, selling her finds on her Myspace site. Also consider Khan Academy. Sal Khan’s company evolved from tutoring sessions he provided a family member. Other family members showed interest in his lesson plans for themselves, and thus his company turned into a marketable idea.

Marketable ideas often stare potential entrepreneurs in the face for years before they spark inspiration. Often, these ideas require little to no investment at the outset. Consider your talents, hobbies, surrounding circumstances, and social connections. Good ideas are often free and can sow fertile seeds that lead to rich fruits over time.

2) “I can’t do it,” aka “Imposter Syndrome.”

When lightning strikes, and you have a great business idea, one natural reaction might be some variant of “I can’t do it.” 

If an entrepreneur needs affirmation, online communities can frequently offer support, a sounding board, or at least ideas for development. In the end, remember that nothing can take away your relevance to the world around you.

However, “imposter syndrome” is nothing new. Consider Starbucks CEO Howard Schultz and his comment “[v]ery few people, whether you’ve been in that job before or not, get into the seat and believe they are now qualified to be CEO.”  Also, Consider Sonia Sotomayor, and her quote “I have spent my years since Princeton, while at law school and at various professional jobs, not feeling a part of the worlds I inhabit.” The best and brightest of us often suffer from self-doubt. Often these doubts are simply an indication that we have the wisdom to know what we don’t know. 

3) I’ll Fail

Failure is inevitable in business and in life. The first failure can lead to greater success in later attempts. Everyone who lives fails. Frederick W. Smith’s first service, Zapmail, cratered before Fedex could focus on his core concept. Similarly, Amazon took years to turn a profit

Of course, no one wants to fail big. Not everyone has $350 million to burn, as did FedEx. However, the early failures serve as necessary steppingstones to creating a well-oiled machine. Failures of all kinds, whether administrative errors, operations inefficiencies, and hiring mistakes, are necessary to design an enterprise that fits well into the economy. Depending on resources such as financing and social support, slow and steady may win the race. 

4) “The Timing isn’t Right”

Consider a spore in your garden that may sprout hundreds of plants. The most inopportune times may give rise to the perfect storm to get your idea going

Even mulling the idea in your own head can become your own stress relief exercise. The smallest measures can build inertia. Building a web presence, for example, you can start with little effort and adapt to a changing schedule. Your relationship with your idea can morph gradually as it takes on a greater part of your life. Short of huge commitments, there is no wrong time to get started on a business idea.

VAMBOA, the Veterans and Military Business Owners Association hope that this article has not only been valuable but provided some unique perspective.  We work hard to bring you important, positive, helpful, and timely information and are the “go-to” online venue for Veteran and Military Business Owners.  VAMBOA is a non-profit trade association.   We do not charge members any dues or fees and members can also use our seal on their collateral and website.   If you are not yet a member, you can register here:  

https://vamboa.org/member-registration/

We also invite you to check us out on social media too.

Facebook:  https://www.facebook.com/vamboa

Twitter:  https://twitter.com/VAMBOA

Do not forget that VAMBOA members receive significant discounts on technology needs.   Check them out here:

https://vamboa.org/dell-technologies/ 

A VAMBOA PUBLIC SERVICE ANNOUNCEMENT

VAMBOA believes that this information is important to our membership and all Veteran Business Owners especially those who are Service-Connected Disabled Veteran Business Owners due to Agent Orange.

The Veterans Administration announced two major decisions related to presumptive conditions associated with Agent Orange and particulate matter exposures during military service in Southwest Asia.

Agent Orange

VA will begin implementing provisions of the William M. Thornberry National Defense Authorization Act for Fiscal Year 2021 (Public Law 116-283), adding three conditions to the list of those presumptively associated with exposure to herbicide agents, more commonly known as Agent Orange. Those conditions are bladder cancer, hypothyroidism, and Parkinsonism.

“Many of our Nation’s Veterans have waited a long time for these benefits,” said Secretary of Veterans Affairs Denis McDonough. “VA will not make them wait any longer. This is absolutely the right thing to do for Veterans and their families.”

VA will apply the provisions of court orders related to Nehmer v. U.S. Department of Veterans Affairs, which may result in an earlier date for entitlement to benefits for Veterans who served in the Republic of Vietnam during the Vietnam War. Vietnam War-era Veterans and their survivors who previously filed and were denied benefits for one of these three new presumptive conditions will have their cases automatically reviewed without the need to refile a claim. VA will send letters to impacted Veterans and survivors.

Particulate Matter Exposures

The Secretary recently concluded the first iteration of a newly formed internal VA process to review scientific evidence to support rulemaking, resulting in the recommendation to consider the creation of new presumptions of service connection for respiratory conditions based on VA’s evaluation of a National Academies of Science, Engineering, and Medicine report and other evidence. VA’s review supports the initiation of rulemaking to address the role that particulate matter pollution plays in generating chronic respiratory conditions, which may include asthma, rhinitis, and sinusitis for Veterans who served in the Southwest Asia theater of operations during the Persian Gulf War and/or after September 19, 2001, or in Afghanistan and Uzbekistan during the Persian Gulf War.

“VA is establishing a holistic approach to determining toxic exposure presumption going forward. We are moving out smartly in initiating action to consider these and other potential new presumptions, grounded in science and in keeping with my authority as Secretary of VA,” said Secretary McDonough.

VA is initiating rulemaking to consider adding respiratory conditions, which may include asthma, sinusitis, and rhinitis, to the list of chronic disabilities based on an association with military service in Southwest Asia, Afghanistan, and Uzbekistan during the covered periods of conflict. VA will conduct broad outreach efforts to reach impacted Veterans and it encourages them to participate in the rulemaking process.

For more information, visit our website at Airborne Hazards and Burn Pit Exposures – Public Health.

VAMBOA, the Veterans and Military Business Owners Association hopes that this article has not only been valuable information.  We work hard to bring you important, positive, helpful, and timely information and are the “go to” online venue for Veteran and Military Business Owners.  VAMBOA is a non-profit trade association.   We do not charge members any dues or fees and members can also use our seal on their collateral and website.   If you are not yet a member, you can register here:  

https://vamboa.org/member-registration/

We also invite you to check us out on social media too.

Facebook:  https://www.facebook.com/vamboa

Twitter:  https://twitter.com/VAMBOA

Do not forget that VAMBOA members receive significant discounts on technology needs.   Check them out here:

https://vamboa.org/dell-technologies/ 

By James Pruitt – Senior Staff Writer

A blog allows agency over your company’s narrative. With a blog, your company’s news comes from your perspective. With news releases, any information must filter through another outlet. Your blog allows information through the horse’s mouth so to speak.

Blogs are essentially websites with primarily informational content. Your company’s blog should provide information directly from you and your organization. While news releases certainly have value as marketing tools and as evidence for recognition of your company’s accomplishments, blogs eliminate the hearsay factor and allow you to control the narrative of your company’s development.

Blogs are a boom to new companies. In the past, marketing was a more challenging process. News releases, public relations specialists, and advertisement executives mattered far more. Since the Information Age, blogs have done much of the initial marketing work, and applications such as WordPress have placed much of this work directly in the hands of the small business owner.

Assuming access to a newswire, a news release can in fact reach more people. Hence the continuing relevance of news releases. However, blogs allow a starting point for directed marketing.

From your blog, you can begin a directed marketing plan for yourself, under your own thumb. Not least important, blogs allow tracking of website traffic, and hence facilitate marketing through the most appropriate channels. No one likes spam. However, directed marketing works.

As you are starting a company, starting a blog allows opportunities for the initial pitch, for control over your own cycle of news, and for a plan to track site visits. Additionally, a blog administrator for a new business should consider the ins and outs of visitor feedback, and archiving information. The new blogger can trace organizations that may link back to your blog or track the number or origins of site visits. Such information can help with directed marketing and provide cues about the best routes for varieties of outreach strategies.

Blogs can serve as their own news release source.  The business owner can schedule posts over the course of the year regarding any variety of subjects, including new hires, new innovations, and new policies. The owner can set their own rhythm to these updates, and at their discretion, news outlets can respond accordingly.

Also, blogs allow an opportunity for feedback. In other words, blogs are interactive, rather than news sources which are under the control of some third-party news outlet. Therefore customers can provide business owners with feedback, and give endorsements and create greater opportunities for more business. The interactive nature of blogs is priceless for a new business owner. The old-fashion news report only spews information through any channel that will publish it. A blog allows a one-on-one with the ownership of the company.

This direct interaction can provide some of the most important feedback for a small company at its earliest stages.

Traditional routes such as press releases are not irrelevant for your new company. However, this deep into the Information Age, blogs allow the business owner unprecedented control over the initial stages of their marketing campaign. By setting up a blog, you, the business owner, may control your own business plan and marketing trajectory.

VAMBOA, the Veterans and Military Business Owners Association hopes that you enjoyed this first article on blogs in our mini-series.  Stay tuned….

If you are not already a member of VAMBOA, please consider joining.  There are not any dues or membership fees.  We provide a great deal of valuable information weekly.  You can also proudly display the VAMBOA seal on your website and collateral.

Here is a link to sign up:  https://vamboa.org/member-registration/

By James Pruitt – Senior Staff Writer

Congratulations on your news release. News releases in themselves show interest in your product or services. Whatever the news source, the publisher of the news source clearly feels confident in your business idea. These news sources could be local newspapers, free publications, or newspapers. Engaging the interest of these publications is an outstanding business strategy.

A first-hand blog can and should provide the vanguard marketing strategy of a new business. That supermarket newsletter may validate your product, demonstrate interest, and spread the word about your offerings. However, a business blog allows a business to express itself, through a diverse range of media, without resorting to an intermediary.

Your business has hit the news, whatever that news source may be. Here, we flesh out how to exploit that story in your blog.

• Transforming a News Release into Web-Friendly Format:

Blogs differ from news releases in the web-based content, which allows the business owners more direct control.  Blogs allow various channels for the owners’ creativity, such as graphics, personal interaction, and other multimedia.  This enables the owner to develop the company’s brand. A cold news release can provide the information “meat” of the blog, demonstrating the successes of the company itself. However, the graphics and other media of the blog demonstrate the character and personality of the company itself.

• The Headline:

With a blog post you control the headline. A news outlet prefaces information about your company with a line they feel will grab their readers’ attention. However, in your blog post, your own marketing spin prevails. Generally, readers may ignore large blocks of text absent a catchy, attention-grabbing hook at the beginning. Whatever the targeted viewers’ interests, the headline should grab that reader and drag them into the deep end. The headline should cater to their interests and leave them salivating for more.

• Formatting:

The web offers endless opportunities for multimedia presentation. Use them. Business promotions are not news stories. Viewers know they have no responsibility to “close-read” your content and tend to dismiss content from private companies. It is on you to make the content fun, and to use your own artistic sensibilities to draw in the viewer. The informational “meat” that may go into a news release must be presented in an entertaining manner, else face consignment to the vortex of discarded advertising content we see all around us.

• Images:

News releases are informational and lack images. Your blog provides an opportunity to color this information as you see fit. Feel free to celebrate your news release on your blog with appropriate graphics. Your company’s image will brighten as a result.

• Include Details, but Keep them Relevant:

The initial news story hopefully draws readers to your business blog. The news source may or may not have included assumptions or questionable statements, hopefully positive. One strategy is to expound on your own perspective on these statements, and clarify any misunderstandings, as well as address any questions. The news is hearsay, and media is not always 100% accurate. However, news statements that require clarification may be opportunities. In a business blog, owners can expand on these statements to educate readers about their company.

• Sources:

For the news release itself, you are the source. However, remain mindful of the legitimacy of any of your blog content. Business owners should never venture claims absent tracing the sources.

Connect to Other Content:

On a related note, part of the magic of the web is the ability to link. Once your news release hits your blog, feel free to link to the news source itself. Also feel free to link to any of your other articles, as well as any source that provides information or resources that supports that article. Just use care in the choice of associated content.

In conclusion, successful news releases in themselves provide ample opportunities to promote your business. However, business owners may color and amplify this opportunity by spinning that news information on their blog. Whether the publication is local or widespread, blogging allows the new business to pounce on the opportunity to put their newfound publicity to the best possible use.

If you are not already a member of VAMBOA, please consider joining.  There are not any dues or membership fees.  We provide a great deal of valuable information weekly.  You can also proudly display the VAMBOA seal on your website and collateral.

Here is a link to sign up:  https://vamboa.org/member-registration/

By Debbie Gregory.

With all the new social media terms popping up all the time, it certainly can be very confusing to keep up with all of them as well as trying to understand what they mean or how to use them. Below are even more terms to add to your glossary.

Social Selling

Social selling is the practice of using social tools to find leads, connect with prospects, and nurture business relationships.

Snap

Snap is the company that owns Snapchat, the photo- and video-messaging app launched in 2011. Each post on Snapchat is also called a Snap. Users can add filters, text, drawings, or emoji to their content before sending it. Direct messages last only up to 10 seconds before they disappear forever and are erased from the company’s servers. Snap Stories allow users to share re-playable Snaps for up to 24 hours.

Spam

Spam is unnecessary, unwanted, or repetitive content that clogs inboxes and clutters social media feeds. The term “spam” has been used to refer to junk messages since the earliest days of the Internet.

Sponsored Posts

Sponsored posts are social media posts in which an influencer or celebrity highlights a brand or product that they have been paid to promote. These posts must be identified as ads using a hashtag like #ad or #sponsored.

Sticker

Stickers are a feature of stories formats like Snapchat and Instagram Stories. They allow users to add extra information to a post, like a hashtag or location. Some stickers offer interactive features such as questions and polls.

Stories

Stories are a form of ephemeral content on Facebook, Instagram, or Snapchat that disappears after 24 hours.

Tag

A tag is a keyword added to a social media post to categorize content. You can also tag someone in a post or photo, which creates a link to their social media profile and associates them with the content. Users have the option to remove unwanted tags from their profile.

Targeting

Targeting is the practice of selecting a specific audience for social ads to maximize conversions. Social networks offer many targeting options based on factors like demographics, location, and interests.

Thread

A thread is a string of messages that make up a conversation. Threads begin with an initial message and then continue as a series of replies or comments. Threads are essential to keeping track of conversations in most forms of online communication, including social media and email.

Throwback Thursday (#TBT)

Throwback Thursday (#TBT) is a hashtag used to share old photos on social media.

Trending

A trending topic or hashtag is one that is popular on social media at a given moment. Trends are highlighted by social networks such as Twitter and Facebook to encourage discussion and engagement among their users. The “trending” concept was first popularized by Twitter and has since been adopted by other networks. The trends that you see on Twitter and Facebook are based on your location, who you follow, and the content you like.

Troll

A troll is a social media user who makes deliberately offensive or annoying postings with the sole aim of provoking other users.

Tweet

A Tweet is a Twitter post. Tweets are limited to 280 characters and can include photos, videos, and links. They are public by default.

Unfollow

To unfollow someone is to unsubscribe from their social media account. If you would prefer to maintain the social connection but don’t want to see their posts, you can mute them instead.

URL

URL is short for Uniform Resource Locator. It means the address of a website page or other resource on the Internet. URLs can contain codes called UTMs that help with tracking and analytics.

URL Shortener

A URL shortener is a tool that condenses a long URL into a shorter (and more social media friendly) format. URL shorteners such as ow.ly can also provide link tracking capabilities, which allow businesses to measure click-throughs from social media and attribute website conversions to individual social messages.

User-Generated Content (UGC)

User-generated content is content created by the regular people on social media, rather than brands. Brands collect that content through contests, branded hashtags, or simply reaching out to ask permission. When brands re-share that content with their own followers, they are implementing a UGC campaign. User-generated content can help increase brand awareness and loyalty by allowing businesses to tap into the excitement and creative energies of their customers.

Vanity Metric

A vanity metric is an analytics item that can be measured but is not a signifier of real return on investment. Examples include the number of followers, likes, or comments. These metrics are best contextualized by more concrete numbers such as click-through rate or visitor-to-lead conversions.

Vanity URL

A vanity URL is a web address branded for marketing purposes. Vanity URLs replace common URL shortened formats with something related to an organization’s branding. For example, Time Inc.’s vanity URL is ti.me. The New York Times uses nyti.ms.

Verified

To be verified on social media means that you have proven your identity to the social media platform provider and gained a verified label in return, usually in the form of a checkmark. This is usually reserved for brands, journalists, and other public figures as a way of preventing fraud and protecting the integrity of the person or organization behind the account.

Viral

To go viral on social media is to have a specific post bring in an unusually large number of engagements. An exceptional number of shares is the clearest sign of going viral, as your post spreads across the internet like a virus.

Virtual reality (VR)

Virtual reality immerses the user in an experience so that what they are doing looks or feels real. VR headsets are a common way of engaging with virtual reality.

Vlogging

Vlogging is a combination of the words, “video” and “blogging.” It means to create and post video blog content. Someone who vlogs is known as a vlogger.

Webinar

Webinar is a combination of the two words “web” and “seminar.” A webinar is a digital broadcast of a presentation intended to educate or inform. Webinars allow users to watch a presentation from their computer or other device, and often interact directly with the presenter or fellow attendees through chat or video.

Whew! That is a one long list.  VAMBOA hopes it is valuable and you learned some new terms.   Please print out your glossary and share this article.   Everyone stay safe, healthy and we wish you prosperity!