Special Episode on Military Transition with Craig Bishop

Season 1 | Episode 9
45m | May 8, 2024

About the Guest(s):

Craig Bishop is a retired CSM and a highly respected veteran with over 30 years of extensive military experience in the 75th Ranger Regiment and the wider U.S. Army special operations community. In his stellar career, Bishop has earned a reputation for leadership, operational excellence, and a deep understanding of military transition challenges. Since retiring, Bishop has continued to influence his peers and subordinates through mentorship and has explored opportunities in innovation companies, adding consultation in AI, ML, and cyberspace to his portfolio.

Episode Summary:

In an episode deeply rooted in the challenges and opportunities of military retirement, our guest, retired Sar Major Craig Bishop, shares valuable insights into the process. From transitioning out of uniform to navigating the dynamic landscape of civilian employment, Bishop's conversation is rich with wisdom and practical advice. The episode delves into the preparation, essentials of maintaining records, financial considerations post-retirement, and navigating the scope of establishing a new identity and purpose.

Bishop emphasizes the significance of starting early with transition plans, whether aiming for retirement or discharge (ETS). Recognizing the importance of a well-maintained service record and a substantial VA claim, Bishop candidly discusses the fear and uncertainty that often accompany a military-to-civilian transition. With a strategic mindset, listeners can learn how to pivot their careers, network effectively, and optimize skills for the private sector.

Key themes emerge as Bishop candidly shares his personal journey, discussing financial adjustments, tax implications, and the mental shift required when diversifying into consultancy and private sector job searches. His stories and strategies offer a compass for navigating post-service life, ensuring this episode is an indispensable resource for soldiers at the cusp of civilian transition.

Key Takeaways:

Begin transition planning at least a year out from retirement or ETS, and actively manage personal records to ensure accurate service documentation.

Engage fully with transition programs like SFL-TAP to maximize their benefits, and draft a strategic resume tailored to the civilian job market.

Consider financial shifts post-retirement, especially concerning taxes and health insurance, and explore starting an LLC for potential tax benefits.

Utilize tools like LinkedIn for networking and job opportunities and be prepared to adapt your professional trajectory in the civilian sector.

Find personal and professional purpose post-retirement to occupy your mental and physical energy constructively and maintain fulfillment.

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