A Decade of Leadership

International Business News article
A Decade of Leadership: Dr. Burl Randolph, Jr. Marks Ten Years of Guiding Business Leaders Forward

A Decade of Leadership: Dr Burl Randolph Jr. Marks Ten Years of Guiding Business Leaders Forward

The Start of Something New. Sometimes, you don’t realize the significance of something until people point it out. This interview was conducted for the International Business Times, and although my military career was a prominent aspect, the focus was more on my success after my service. There is a short excerpt below.

Ten years ago, Dr. Burl W. Randolph Jr. faced the same challenge many military veterans often encounter when transitioning to civilian life: what comes next? He had already started his doctorate, seeing it as part of his transition plan. After serving 32 years in the U.S. Army, serving three tours in Iraq, and retiring at the rank of colonel, he entered the job market only to hear that he was “overqualified” for jobs.

Colonel Burl Randolph, Jr. in Bagdad, Iraq, 2009
Colonel Burl Randolph, Jr. in Iraq, 2009

Employers saw his experience as too costly, but rather than view it as a setback, Dr. Randolph decided to transform it into an opportunity. In April 2015, he founded his own leadership consulting practice, MyWingman LLC., and a decade later, he now celebrates a milestone that reflects both resilience and impact.

 “…if I could go back and do anything differently, it would be making sure I had a mentor at every level.”

International Business times (August 27, 2025) A Decade of Leadership: Dr Burl Randolph Jr. Marks Ten Years of Guiding Business Leaders Forward. Us Edition. Business, Contributor content

The Next Chapter

The fantastic part about this is that I already know this stuff! The next chapter is always tricky, but ten years in business is a milestone for anyone, let alone Black business owners. Some statistics from 2021 bear this out.

Small Business Success Rates

(The Network Journal, 2021)

100 Average Businesses100 Black Businesses
Year One: 20% fail                                 80 18 months: 80% fail!  20           
Year Five: 50% survive this far              40Hypothesis Year Five: 50% survival 10
Year Ten: 62% survive this far             25Hypothesis Year Ten:  62% survival   6

Owning a business is tough enough, but Black business owners fail at four times the rate of the average business during the first 18 months. These statistics are likely unknown unless you actively seek them out. I provided a short presentation on this subject in 2021 to 10 Black business owners, offering what I believe were effective strategies to stay competitive.

My next chapter spanned 10 years, and I will continue until this assignment or chapter is fulfilled. I believe this article will inspire you, provided I do not divulge too much information.

Will your decade of leadership be the start of something new?

hashtag#internationalbusinesstimes hashtag#leadership hashtag#guidingbusinessleaders

References:

International Business Times (August 27, 2025) A Decade of Leadership: Dr Burl Randolph Jr. Marks Ten Years of Guiding Business Leaders Forward. Us Edition. Business, Contributor content

TNJ Staff (2021, Jul 9). Why do black-owned businesses fail? The Network Journal. Retrieved from https://tnj.com/why-do-black-owned-businesses-fail/

Dr. Burl Randolph, Jr., DM, is a Doctor of Management in Organizational Leadership, a retired Army Colonel, and a three-time combat veteran. He is also the President and Chief Consultant of MyWingman, LLC, a Business Leadership & Management Consulting company that “Helps Leaders Design Legacies That Last” (c) 2015.

Dr. Randolph jpeg headshot

Dr. Burl Randolph, Jr., DM, Founder, MyWingman, LLC

Dr. Randolph Inspires Legacies That Last (c) by coaching you to Find Your Purpose | Fulfill Your Mission | Forge Your Legacy with Fervent Success. Schedule your Consultation without a Fee through the Contact Us page using the Let's Chat button or by email at info@mywingmanllc.com.