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StreetShares Blog - The Resource Center for Veteran Small Businesses

StreetShares Blog

The Resource Center for Veteran Small Businesses

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What Is a FICO Score and Why Does it Matter?
| StreetShares Blog

The views and opinions expressed in this article are those of the author and do not necessarily reflect the official opinions, policies, or positions of StreetShares or any of its affiliates.

If you’ve ever needed to make a financial decision and thought to yourself, “how will this affect my credit score?”, we salute you. For the majority of Americans, the world of credit seems to be shrouded in secrecy and myth. Terms like credit score, credit report, and FICO score are thrown around without consumers knowing their true meaning. Understanding your FICO Credit Score and why it matters is important, but it doesn’t need to be complicated.

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What Government Contractors Need to Know About the 2019 NDAA
| StreetShares Blog

This article is republished with permission from Heather Mims and Centre Law & Consulting. See the original publication of this piece on their website at http://www.centrelawgroup.com/what-government-contractors-need-to-know-about-the-2019-ndaa. The views and opinions expressed in this article are those of the author and do not necessarily reflect the official opinions, policies, or positions of StreetShares or any of its affiliates.

On August 13, 2018, President Trump signed the Fiscal Year 2019 National Defense Authorization Act (2019 NDAA), which sets funding levels and outlines policy priorities for the Department of Defense (DoD). The 2019 NDAA allocated $616.9 billion for the DoD’s base budget, $69 billion for overseas contingency operations funding, $8.9 billion for mandatory defense spending, and $21.9 billion for nuclear weapons programs under the Department of Energy.

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The Ultimate Business Loan Readiness Tool
| StreetShares Blog

By Thomas Moody II, Head of Marketing on August 21, 2018

Could you use additional funding to expand your business? Are you ready for a business loan? Are you intimidated by the application process or scared you won't get approved? If you've screamed "YES!" in your head to any of these questions, Lendability+ may be the perfect tool for you. Your Lendability Report takes the guesswork out of your loan decision by showing you how you look to lenders and assessing your readiness to take the plunge and apply for that loan. 

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How Do I Find a Business Mentor or Coach?
| StreetShares Blog

The views and opinions expressed in this article are those of the author and do not necessarily reflect the official opinions, policies, or positions of StreetShares or any of its affiliates.

$1.02 billion. That is the 2016 valuation of the professional coaching industry in the United States. According to the International Coach Federation the United States has approximately 17,500 coaches actively coaching- and this number continues to grow. With numbers like that, you think it’d be easy to find yourself a professional coach- but it’s often not! In fact, the intimidation people feel seeking the help of a complete stranger is enough to stop them before they start.

Here's the good news if you're the timid kind; coaches and mentors are all about you. You don't need to be a member of a fancy organization to find them either. Whether you have a budget for coaching or cannot spend a cent, we’re about to dive into ways to find one and start changing your life and business.

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Impact Investing: How to Make Your Dollar Do More
| StreetShares Blog

The views and opinions expressed in this article are those of the author and do not necessarily reflect the official opinions, policies, or positions of StreetShares or any of its affiliates.

Wall Street gets a bad rap in the media. Stories of greed and corruption seem to fight their way to the top of the headlines every day. However, there is a new valiant knight on Wall Street: enter “Impact Investing”. It’s not just another buzzwordy term either, impact investing has been around for over ten years, although it’s finally starting to gain traction with individual investors for reasons that go above and beyond potential profits.

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We've Moved! StreetShares Relocating Headquarters to Accommodate Growth
| StreetShares Blog

By StreetShares on August 15, 2018

StreetShares Inc., the mission-driven financial technology startup, announces the relocation of its National Capital Region headquarters to 1900 Campus Commons Drive #200 in Reston, Virginia 20191.

From January 2018 to August 2018, StreetShares doubled the size of its workforce and additional hires are planned. To accommodate this growth, StreetShares is expanding its footprint by more than four times, to more than 10,300 square feet at its new location. The company began in a residential basement, before spending the past 4 years in Isaac Newton Square in Reston.

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Defense Spending is Back: What the National Defense Authorization Act Means For You
| StreetShares Blog

By StreetShares on August 14, 2018

The John S. McCain National Defense Authorization Act was just signed at Fort Drum, NY.  Nearly $717BN in defense spending will soon be making its way through defense agencies -- what does this money mean for national security and where is it all going? Will any of it be making its way through you? StreetShares, Inc. CEO Mark L. Rockefeller recently appeared on Fox News to break it all down.

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Entrepreneur's Winning Secret: Use These 3 Elite Military Tactics in Business
| StreetShares Blog

This article originally appeared on Forbes.com on December 21, 2017. See the original publication here.

Hang out with entrepreneurs long enough and you notice patterns.

At StreetShares, we fund thousands of veteran-owned small businesses. I’ve noticed many successful veteran-owned small businesses are run by veterans from elite special operations units. These elite units include the Navy SEALs, Army Special Forces (“Green Berets”), Marine Corps’ MARSOC (formerly “Force Recon”), Army Rangers, and others. Units like this are selective and tough. The warriors in these units are highly trained and, as a result, they are given liberties and discretion that other military units do not have.

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Tips for Transitioning From the Military to the Civilian Workforce
| StreetShares Blog

The views and opinions expressed in this article are those of the author and do not necessarily reflect the official opinions, policies, or positions of StreetShares or any of its affiliates.

Here is the reality: at some point or another, we all get off of the military train. While a bit harsh, I believe in speaking the truth, even if it stings a little. Despite this fact, the chief complaint I received while working with transitioning veterans was that they do not feel prepared for the road to civilian life. Sure, you will go through transition classes, meet with transition counselors, and practice going on job interviews, but what if you could do more? What if I were to tell you there are things that YOU can do right now that would help ease the transition and help you get ahead of the curve. Things you could do where you aren't waiting on anyone else. Interested? I thought so...

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How Do I Find a Good Financial Advisor?
| StreetShares Blog

The views and opinions expressed in this article are those of the author and do not necessarily reflect the official opinions, policies, or positions of StreetShares or any of its affiliates.

Finding a good financial advisor can feel like a really intimidating process. Maybe you think you don’t have enough net worth to merit needing an advisor. Or you don’t feel like you can actually afford an advisor. After all, you’re trying to make money, not spend it. Maybe it’s just the thought of handing over the reins on your personal fortune a stranger. However, at some point in your life, it might be necessary to seek out the expertise of a financial advisor. If the process of finding a good financial advisor seems daunting to you, then simplify it by educating yourself on the basics and breaking it down into a few actionable steps. You’ll feel more confident in the advisor you chose, knowing you’ve done your research.

 

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