Loral constantly strives to give back to her community and society as a whole. She is a frequent donor to charitable groups including, the Boys and Girls Club of America, Life School and Family Resource Centers, An Empowered Woman Foundation and the Bear League Lake Tahoe. She has developed special programs for women and for children, as well as entrepreneurs. Most recently she has formed Serve Out Loud aimed at providing discount education to United States Veterans.
Loral is an exemplary role model for women and girls, a successful business owner and a consummate entrepreneur. While her programs are geared to anyone, her interest in women’s lack of financial education has always been a driving force. The model she uses in her Wealth Diva program is, “A man is not a plan.” This is meant to empower women, in or out of relationships, to take control of their current financial circumstance and future wealth and to pass the message on to their children.
As a single working mother, Loral realizes the importance of family and the future generation. Constantly inspired by the ability to positively impact future generation, she has devoted an entire section of her upcoming book to children and the legacy that is possible with them. Her devotion to this can be best understood through her writing, “Most kids dream about what their future will be like. Encourage them to dream about what their best life can be about right now.”
The Millionaire Maker Game, a new educational board game designed to expand the financial minds of Americans everywhere when it comes building a life of financial freedom. This game delivers an interactive experience where players are cast into the life of an entrepreneur where big deals are made daily.
Her actions speak just as loud as her words when it comes to enabling children and families. Loral created the Millionaire Maker board game to teach families about money in a healthy, informative and fun way. Her “Never Pay Your Kid an Allowance,” which she created with her own son Logan, is another vehicle Loral has developed to educate children and families.
Loral’s goal is to help people build the better, more secure and bigger life of their dreams. She encourages people to harness the skills they already have and begin using them to their advantage. She inspires people to reach for their dreams of a big life –whatever their definition of big is, even if they don’t know what that is in the beginning. She’s about creating, inspiring and illuminating.
While recently discussing one of the core principles in my new book, Yes Energy: The Equation to Do Less, Make More, with a United States veteran, I was stunned by his response. “You say ‘yes’ and figure out how,” I said to the man. He was instantly taken back by this. “Say ‘yes’ and then figure out how,” he questioned? The man could not understand the principle because of his experience in the military. He explained to me that you certainly wouldn’t want to say “yes” to jumping out of an airplane and then figure out if your parachute works.
From my discussions with the man, I couldn’t help but feel that there is a larger conversation contained in his answer. Service men and women are regimented and trained. They follow authority. They are governed by clearly defined rules and procedures. They are comfortable in their routine. How does this affect their views on entrepreneurialism? Could this inability to say “yes” and then figure out how be hurting their chances of becoming successful when they leave the service?
Veterans who have left the US military in the past 10 years are facing 11.7% unemployment rate, which is 2.6% above the national unemployment average. With more than a million service members projected to leave the military in the next five years, this number will only grow, unless we can encourage a new conversation – a conversation about entrepreneurialism. Never has there been a greater need for U.S. veterans to create an entrepreneurial economy for themselves.
According to the US Small Business Association, nearly 25% of all returning vets would like to start a business. They have already said “yes.” So why aren’t they figuring out how?
I believe it is the lack of education and support available to them that has contributed to this growing rate of unemployment. Realizing this problem compelled me to launch Serve Out Loud, a resource devoted entirely to providing the vital education and support US vets need to generate new revenue, create bigger opportunities and expand their financial life. Through this program I offer all service men and women a 10% discount on all of my educational tools including books, coaching programs and seminars.
Taking advantage of Serve Out Loud and other resources aimed at arming US vets with the tools they need to start their own business is a must for all men and women returning home from the service. Once we reach out and have this conversation with our vets, I believe they will begin to see that the skills, knowledge and experiences they gained from their service can actually work for them to achieve their goal of starting their own business. And, once they do, the success rate for veteran-owned businesses is higher than non-veteran owned businesses.
More than any other group of people, veterans understand what it means to serve our country. By starting their own business they can continue to serve. It is the more than 28 million small businesses in this country that employ over half of the work force and create the majority of new jobs. Shouldn’t our vets have a hand in growing and ensuring the financial well-being of the country and its people for whom they’ve already fought so hard to protect? I believe that entrepreneurialism is the key to long term financial stability and personal happiness. There is no group more deserving than both of those things than the US Vets.
Loral Langemeier is changing the conversation around money, how to make it and keep It by doing what you love.