Entrepreneur Soundoff!
Your first source for UNvarnished, politically-INcorrect information about how to launch a startup and manage a profitable small business!
Podcast host, Randal Wimmer, is a serial entrepreneur who has stepped on EVERY landmine in the startup minefield, at least once and some of them more times than he cares to admit! However, these hard-learned lessons were instrumental to his success.
Randal's companies have made hundreds of millions of dollars in revenue, been listed on both the INC 500 Fastest Growing Companies List and the Washington Tech Fast 50 List on multiple occassions, and culminated in successful market exits. Randal is also the author of the Amazon Bestselling book, GOOD ENOUGH! To Launch Your Company. (Author website: RandalWimmer.com )
Presently, Randal is helping aspiring entrepreneurs launch successful companies. He helps people avoid the "franchise trap" by providing entrepreneurs with franchising alternatives with all the benefits of a franchise and none of the royalties, constraints, and hassle. ( ReadyforRevenue.com ) He helps GovCon companies rapidly grow in the FedGov contracting space. ( GovernmentContractingAcademy.com ) Plus, he helps startups and small businesses obtain the corporate credentials to achieve market penetration and rapidly grow. (ISOCertificationGroup.com )
Entrepreneur Soundoff!
37-FIVE FACTS Every Vet Should Know About Gov't Contracting
FIVE FACTS that every veteran should know about Government Contracting:
FACT 1. A MASSIVE amount of spending occurs each year in areas that are most relevant to Veterans’ experiences (DoD, Intel Community, DHS, VA, DoE and DoS)
FACT 2.The Small Business Set Aside Program of 23% of all GovCon dollars being awarded to small businesses is being EXCEEDED! The FY2020 SBA Scorecard reports small businesses were awarded:
a.$145B in PRIME contracts
b.$83B in SUB contracts
FACT 3.However, over HALF of the 24 Government organizations that fall under the purview of Small Business Set Aside Program FAILED to meet their SDVOSB Earmarks in 2020! That means that earmarks were LEFT ON THE TABLE because easily identifiable QUALIFED SDVOSBs could not be found!
a.14 failed to meet their SDVOSB Subcontracting Goal because Prime contractors could not find appropriately qualified SDVOSBs
b.5 failed to meet their SDVOSB Prime Goal
FACT 4.Only 5% of US Companies are pursuing FedGov Contracts…Why? The FedGov contracting industry is “different” than most markets…HOWEVER VETERANS ARE NATURALLY AHEAD OF NON-Veterans in understanding this industry! Here’s why…
FACT 5. As a Veteran, you possess the following to position yourself to win a piece of the GovCon pie:
a.The MOST RELEVANT education and training in the world
b.5-25 years of the MOST RELEVANT industry experience in the world
c.5-25 years of the MOST RELEVANT leadership experience in the world
d.And, the people that you’re speaking with now…The MOST RELEVANT network in the world
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To get on the fast track to government contracting success, visit our website at:
https://governmentcontractingacademy.com/
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