Entrepreneurial Training and Career Path of Retired Military Personnel as Entrepreneurs in Nigeria
Keywords:
Career path, entrepreneurial intention, entrepreneurial training, retirement, self-employment.Abstract
Over the years, retired military personnel have charted various career paths in various industries. The majority of them are still in the productive age, whereas they are active and have much more years to generate income on top of their retirement benefits. Studies show that most of the retired military personnel in Nigeria have been increasingly involved in various post-career transitions into self- employment businesses such as small scale businesses and agriculture. This is probably being explained by entrepreneurial training usually given to the retiring military personnel prior to their retirement, need to overcome burdensome to earn additional income, and the need to get involve in a particular job which they are unable to pursue while in the military service. Based on data collected in 2015 from the retiring military personnel on the pre-retirement entrepreneurial training programme, the majority of the retiring personnel indicates the desire to become agricultural entrepreneurs due largely to its requirement of less skillful and need to exploit the readily available market. Using the motivational theory of expectancy, this paper discusses the entrepreneurial paths of the retired military personnel and their intention or desire to become entrepreneurs and what stops them from becoming one.
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