Hi this is Pete Blum bringing you our eighth episode of the Veteran Connection Series. In an ongoing mission to help small businesses entrepreneurs and our transitioning military Veterans, or Veterans who have been out for a while and are interested in starting their own business the FloridaGovCon.com Podcast brings you experience and advice from fellow Veterans entrepreneurs who have made the transition and started a new journey.
There are Veterans transitioning out of the military every day. Some of them have an idea or a passion that they want to turn into a business. Having the right connections can be the one thing that makes the difference between a success or a failure. In this Veteran Connections Series I will be talking to Veteran business owners about what steps they are taking, the hurdles they have ran into, what advice they have for you, and what they hope life will look like a few years from now. With these real life interviews and real life results you can gain the expert knowledge from those that have been there. From your military brothers and sisters.
Today's guest is Todd Cochrane. Todd is the CEO of RawVoice and Blubrry. Todd is also a Navy veteran who after serving for 24 years and retiring as a Senior Chief has his own very successful business.
Todd is additionally a fellow podcaster and I recently had the privilege of meeting him at Podfest 2017, the Podfest Multimedia Expo in Orlando Florida. Todd founded the People's Choice Podcast Awards and was also inducted into the Podcast Hall of Fame in 2015. He also wrote the first book on podcasting.
In this episode Todd gets real and breaks down his business and how he got started. Todd gives us a different perspective since he started his business while still in the military. Learn some great startup knowledge as Todd tells his story, you will even get a little relationship advice in this episode!
You can follow Todd here:
Transition from the military
Tell us a little more about your company
How did you start your business?
Did your military experience and training help prepare you to be a Veteran business owner?
What were some of your concerns when starting your business?
What were some of the challenges you faced getting your business started?
What is the key to the success of your business?
Do you think your military experience is responsible for the success in your business or are there other things you had to apply and learn along the way?
Are you going to be able to use your business in some way to either help or hire other Veterans?
What is the one most important thing you have learned since starting your business that you can share with other Veteran business owners?
For transitioning Veterans wanting to start their own business what action items would you give them?
In this episode with Todd we heard some great advice you can take advantage of on your own vetrepreneur journey!
Using tools like GoToMeeting and Slack
Plan a yearly team retreat (strategy session) if your core team is spread out over great distances
Financing can be very difficult for a small business so find a funding source
Understand the commitment and dedication required to succeed, you will have to work long hours
Keep an eye on the competition and watch for shift in the marketplace, Todd uses monitor.com
Have a passion for what you want to do and it will make a difference when things get hard
Make sure your spouse and kids are on board since they are impacted as well
The Veteran Connection Series provides advice from Veterans for Veterans. A lot of people like you and me that have been through the military have the same thoughts and a lot of the same questions. We may have even had the exact same struggle. I hope you find some answers as you go on this Veteran Connections journey with me. There are more episodes in this series where we will learn, explore, and get answers to your questions.
FloridaGovCon.com is brought to you by Solvabilty. If you need more information or want assistance implementing one of the things you learned about today you can contact me. I can offer services and training to assist you with your needs. Email me at firstname.lastname@example.org and let me know how I can help you!
I hope that you have enjoyed this podcast and I hope you enjoy this series.
Thank you for listening!