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StreetShares Blog - The Resource Center for Veteran Small Businesses

StreetShares Blog

The Resource Center for Veteran Small Businesses

Topics

James N. Mattis: The Meaning of Their Service

By StreetShares on April 20, 2015

Originally published April 17, 2015 in the Wall Street Journal

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3 Ways to Save on Small Business Taxes

By StreetShares on April 15, 2015

Did you know that if you went “green”, hired a veteran, or started a company this year you might be eligible for three important but little known tax deductions?**

With tax season rapidly coming to a close, many of you are scurrying to finish your taxes amidst the everyday bustle of your small business. Small tax deductions take a little extra work, but your savings can really add up. Every dollar counts. We’ve compiled some resources of available credits and deductions your business may qualify for:

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StreetShares Wins "Best Investment" Award in Harvard Business School Competition

By StreetShares on April 13, 2015

We are thrilled to announce that StreetShares won the Best Investment award in the Harvard Business School (HBS) New Venture Competition, as chosen by a panel of global judges! You, our HBS alumni and student voters, were instrumental in spreading the word about StreetShares and bringing in those votes. Thank you! This is a big win not only for our team, but also for our military veterans whose businesses we are proud to fund.

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StreetShares Appoints Chief Credit Officer and Vice President of Product Technology

By StreetShares on April 9, 2015

Fast Growing Peer-to-Peer Lending Company Strengthens Resources

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StreetShares Announces "Commander's Call" Award For Veteran-Owned Businesses

By StreetShares on April 7, 2015

Originally published April 7 on PR Newswire

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March Winner: Major Mom®

By StreetShares on April 1, 2015

Entrepreneurship is about creating financial freedom, and we want to help our fellow veterans make it happen! That’s why we created the StreetShares Commander’s Call Veteran Business Award.

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Operation StreetShares: Help us win the Harvard Business School New Venture Competition

By StreetShares on April 1, 2015

Harvard Business School (HBS) alumni named StreetShares the Most Innovative startup in the Mid-Atlantic. We made the final round in the 2015 New Venture Competition and are in the running with 14 startups from around the world. Now through April 10th, voting is open to all HBS alumni and students. We need your vote!

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[video] Why We Chose StreetShares

By StreetShares on March 31, 2015

At StreetShares, we are constantly amazed at the stories of our borrowers. We love to hear about how they got where they are and what inspires them in their work. Lorenzo Downing of Spartan Business + Technology is no exception. His story has been told previously on The Lamp Post, but we are excited now to share with you his experience as a small business loan borrower on StreetShares. Check out his borrower testimonial video below:

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3 Business Lessons from a Veteran

By StreetShares on March 24, 2015

“If you have a vision, there is nobody stopping you from pushing forward—you can take the vision as far as you wish to go.”

 Randy J. Bator, CEO of Security 360, likes the challenge of small business ownership. He has complete control and 100% responsibility for his business—for which his years of military training and security engineering prepared him well.

Security 360 is a veteran-owned IT security, network, and systems staffing agency that launched in 2012. Randy was, at the time, the sole proprietor. Randy took on the challenge of running a business by himself. Randy had nothing to lean on aside from his own knowledge and experience. Looking back, Randy is thankful for a life and career that has taught him important lessons.

Here’s what he learned:

Lesson One: think tactically, plan strategically

Randy’s career in cyber security began during his service in the Air Force. He was in military intelligence, where he gained valuable experience that translated well into tackling challenges in cybersecurity. When Randy left the military, he became a full time security engineer. Randy spent the next five years doing defense work for the government as a federal contractor. This was a critical in preparing him to handle business contracts. In 2007, Randy ended up at Lockheed Martin as a senior information assurance engineer.

His approach to his career is focused on long-term goals—planning tactically and executing tasks in a modular fashion, piece by piece, in order to get any project running. The military was responsible for instilling that kind of method, which has ultimately led to success.


Lesson Two: deal in trust

Randy believes the way people approach their work is a mixture of skills and instincts that are instilled in them early on by their mentors. Randy’s grandfather was his primary male figure growing up. His influence shaped the way Randy thought, analyzed, and treated others. It was from him that Randy learned the principles of dignity and respect for all people, effective communication, and striving to be a consensus builder. Those principles are still present in the way Randy carries himself and runs his business.

Randy also had the good fortune of having great supervisors in the military and private business sector. Randy strove to emulate their character, especially in the way they encouraged him professionally. They gave him their absolute trust and the latitude to do whatever was needed to complete the task. The more trust they gave, the more he would accomplish for them. His management philosophy now reflects that same model.


Lesson Three: take a holistic approach

Owning his own business had always been in the back of Randy’s mind. He worked to align his skillset and knowledge base, making the most of the opportunities he had. When contracting work in his field of expertise came along, Security 360 was born.

Randy’s approach to security is holistic, and he chose a name to match that vision. Randy’s number one goal is 100% satisfaction. He helps them define their own vision for security. His approach is to give them the best information throughout a project, while serving as an ongoing resource and knowledge base for future challenges. For Randy, projects are not about starts and finishes, but rather an ongoing process of providing quality security service for his clients to accelerate their growth.

Randy currently has four employees covering several different aspects of cyber-security solutions. His vision down the road is to expand into other areas, such as security products. The cyber security landscape is constantly changing—Randy’s desire is to continue to fill in the gaps where security is vitally needed.

Randy used his loan from StreetShares to fill staffing positions for security contract opportunities.

To learn more about Security 360, visit www.security360llc.com.

© 2015, StreetShares Inc. All rights reserved.

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We've Awoken the Sleeping Giant

By StreetShares on March 19, 2015

In February, StreetShares awarded a $5,000 grant to one of the 32 enrollees in the VetToCEO Core Entrepreneurship program. The grant was given to Bryan Guilloty, a Special Operations Army Veteran. We were excited to catch up with Bryan and learn more about his plans to launch his business, Waking Giant Brewing Company.

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