Get All Access for $5/mo

The Many Benefits of Mentoring Vets Entering the Business World Business leaders are uniquely suited to help veterans eager to apply their skills as entrepreneurs and employees.

By Yehudi Gaffen Edited by Dan Bova

Opinions expressed by Entrepreneur contributors are their own.

Veterans Day is once again upon us and a perfect opportunity for many of us to thank those who have made great sacrifices in the defense of the freedoms we enjoy. This sentiment is as widely shared today (most certainly here in San Diego) as at any time, and rightfully so.

But saying "thank you" is not enough. Many military personnel making the transition to civilian life find themselves in a unfamiliar world. While there are government programs in place to assist, limited resources prevent them from being as effective as they need to be to ensure every service member has a fair chance at employment. This situation is a key reason why the unemployment rate for these individuals has been consistently higher than the national average for some time.

Related: Thank You for Your Service - 4 Business Funding Programs for Veterans

There is a solution to this issue that is both effective and beneficial on multiple fronts. It's in the hands of myself and other business leaders to become mentors to veterans who want to enter the corporate world. We, in essence, become their "sponsor," not in financial terms, but by helping them learn the ropes. We can help them develop a solid footing to market their skill sets in "civilian speak," make the right connections, effectively showcase their capabilities for job opportunities and even build the framework to launch their own business.

Think of it this way. None of us got to our positions without someone taking the time, care and concern to help us hone our dreams and desires into reality. The old adage is true; no one succeeds alone, but rather on the back of others. Mentoring veterans during what is a very anxious time for them is a great way to pay it back.

Beyond the altruistic intentions, I can tell you first hand that the benefits are multi-faceted and of direct value to any company. Since the summer, I have been mentoring a young, highly decorated U.S. Navy SEAL as he starts up his own consulting firm. Brandon Andrews' intent is to create a business-centric service operation that assists a wide range of organizations in completing projects on time, within budget and beyond expectations.

I saw the passion in his eyes from the first day we met and provided him with a desk in our office, to offer the support he needed as he developed his business plan. I thought I could guide him through that process, helping him avoid the same pitfalls I encountered and get him off on the right foot. There's no compensation in it for me. I just wanted to help a deserving service member who demonstrated unparalleled discipline, drive and determination that was worthy of support. I also thought if he could make this a growing company, he could hire other vets and be a conduit for other military personnel in transition.

Related: 75 Franchises Helping Pay Back Veterans

What I didn't expect was the positive influence this young person is having on our company. We've had Brandon at various department meetings to examine our internal communications processes and organizational behavior. What he's been able to do -- and quickly -- is identify ways in which we can streamline task assignments and project management to build a more effective and efficient work force. These things come naturally to someone with a strong military background. He lived in a world where authority is delegated to those trained to multi-task, while keeping everyone in the loop and efforts focused on the mission at hand. He's made us a better team in short order.

Before another Veterans Day passes, I challenge my CEO colleagues to take up the cause and mentor at least one transitioning veteran a year. Imagine the positive economic and social impact we can generate for ourselves and our fellow citizens. I promise you, it will be time very well spent.

Related: Veterans Tackle the Challenges of Entrepreneurship

Yehudi Gaffen

CEO of Gafcon

Yehudi Gaffen is CEO of Gafcon, a program management firm specializing in the program management of large scale education, government and commercial construction projects. He can be reached at gaf@gafcon.com.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Side Hustle

The Side Hustle He Started in His College Apartment Turned Into a $70,000-a-Month Income Stream — Then Earned Nearly $2 Million Last Year

Kyle Morrand and his college roommates loved playing retro video games — and the pastime would help launch his career.

Business News

Homeowners in These 10 States Pay the Most in 'Hidden' Upkeep Costs

Hidden home costs pile on top of mortgage payments.

Growing a Business

5 Books to Help You Motivate, Unify and Build Perspective

In a post-Covid world, check out these must-read books to help build a more resilient organization, create a modern work culture and maintain a powerful growth mindset.

Money & Finance

Avoid These 10 Mistakes Entrepreneurs Make with Money

Despite the challenging statistic that only 5% of startups survive beyond five years, common financial pitfalls often contribute to their failure. Through personal observation, I've identified the prevalent financial mistakes made by entrepreneurs.

Growing a Business

How Visionary Leaders Transform Curiosity Into Groundbreaking Ideas

Lee Brian Schrager, founder of the South Beach Wine & Food Festival, discusses the spark that launched FoodieCon, his best practices for running popular food events, and why all business owners need to adapt to social media trends.

Making a Change

Learn All of Rosetta Stone's Languages for $152

A lifetime subscription is nearly $250 off for a limited time.