In this episode, we talk with Ricoh Danielson, a veteran turned multi-business entrepreneur, author, and advocate for veteran’s rights. Ricoh shares the experience-tested wisdom he (and other veteran entrepreneurs) learned while trying to build a profitable and impactful business. In particular, he goes in depth about the lessons he learned from veterans who created successful businesses with nothing but a plan and hard work.

If you are veteran who needs some entrepreneurial inspiration or mental preparation for what’s ahead, this episode is for you.Key Points of Discussion

Business failure: How do you recover when your business falls flat on its face?Key insights from 4 powerful, mission-focused businesses that started from scratchBuilding a veteran-owned business from scratch: What mindset do you need to be a success?Self-care & entrepreneurshipIs serving in the Army a boost or obstacle to entrepreneurship?What is the key to creating a sustainable business as an entrepreneur

Key Milestones of this Episode[1:14] Ricoh’s time in the military 

[2:20] The epic business failure of Ricoh’s first business & his successes in the IT industry

[8:10] Big business lessons from other veteran entrepreneur

[9:53] What are some resources and support entrepreneurs can use while building their business?

[11:15] Common success principles of entrepreneurship 

[14: 30] Routine and self-care for entrepreneurs 

[16:35] “Be the expert” 

[18:00] Understanding what your customer really needs 

[23:35] What were some of the biggest surprises you learned while meeting other veteran entrepreneurs?

[27:49] Succeeding at learning from failureKey ResourcesThe Rise of the Vetrepreneur: FORTITUDE AND GRIT

Battlefield Parenting: Workbook

Rise of the Vetrepreneur on YouTube 

Ricoh Danielson YouTube channel

Other Resources

Grunt Style 

Trident Coffee

American Grains

Key Quotes by Ricoh Danielson 

Ricoh on success as an entrepreneur: “...stick to the game plan...live well below your means and have a purposeful intention towards the business”“Your first business may not be ‘it’. Don’t be discouraged.”“Dream bigger and visualize bigger than you think.”

Get in Contact with Ricoh Danielson

Ricoh Danielson is a veteran who became a lawyer and politician/advocate for veteran’s rights. He is also a consultant for a digital forensics company and author.

Sponsor

This episode is sponsored by the Junnell & Associates Law Firm.  Did you serve in the military between 2003 – 2015?  Did you wear 3M combat Version 2 (CAEv2) earplugs? Were you diagnosed by the military as having hearing loss and/or tinnitus?  If so, Junnell & Associates want to talk to you. Please call 800.375.0109. They want to help you like they have helped thousands of others.