Browsing Tag
millennial entrepreneurs
19 posts
40 Tips for Millennial Entrepreneurs to Improve Their Leadership Skills
Millennials are making waves. As a generation, they are redefining what a successful career is, with a focus on flexible and fulfilling work, and millennials are not afraid to make financial sacrifices in order to stay true to these values. With this in mind, combined with the fact that many millennial men and women are...
How the Gig Economy is Transforming Entrepreneurship
Think about the last time you trekked across town, ordered food or looked for a place to stay in a new city. The common thread linking all three experiences is that, chances are, you used an app that relies on workers in the gig economy. The gig economy isn’t just limited to the service and...
Why a Service-Based Business is a Great Model for Young Entrepreneurs
Millennials and Gen Z are the perfect small business owners. They like to be independent, expect more lifestyle freedom than their parents, and have the digital chops to manage a business online. Forty percent of millennials and 53 percent of Gen Zers freelance. If you’re a young person exploring the world of entrepreneurship, you might...
How to Build a Recruitment Strategy That Attracts Millennials
Any startup that hopes to survive for more than five years needs to both attract and retain talent. However, job seekers today have radically different priorities than they did just 15 years ago. Millennials are drawn to startup company culture, “where people feel valued, which in turn fosters engagement and productivity. Similarly, the best cultures...
3 Reasons Why it’s a Great Time to Be an Entrepreneur
There’s one constant for small business owners and entrepreneurs: the continuing need to adapt in the face of changing technological and societal landscapes. This need to evolve and move quickly can be challenging, but positively, we’ve found that entrepreneurs are optimistic about these new opportunities and confident in their ability to grow their businesses. It’s...
Leadership Expert Dan Schawbel on How Entrepreneurs Can Create Better Connections
As a partner and research director at HR research firm, Future Workplace, and managing partner at Millennial Branding, Dan Schawbel has his finger on the pulse of workplace and career trends. His first two books, “Promote Yourself: The New Rules for Career Success” and “Me 2.0: 4 Steps to Building Your Future,” became bestsellers. Schawbel’s...
Millennial Startups and Savings on the Rise
Millennials are proving to be a unique generation when it comes to economics and finance. A passionate generation, millennials value meaningful work that gives them the autonomy and freedom to make their own decisions. Some millennials reach for this sense of purpose by working for corporations and non-profit organizations that align with their goals. Meanwhile,...
This is Why Millennials Want to Work Remotely
Since 2015, millennials (those born between 1981 and 1996) have made up the bulk of the American workforce. The sheer size of this generational group means that millennials are revolutionizing the way we work. Companies are reshaping to meet their needs and demands, the most prevalent of which is work flexibility: in a survey by...
4 Scholarships for Budding Student Entrepreneurs
It’s already difficult enough to be a college student when you consider coursework, work-study jobs and student debt. It gets even tougher if you know you want to pursue entrepreneurship as a post-graduate or have already started a business from your dorm room. In addition to paying rent and additional bills like car insurance and...
What Millennial Entrepreneurs Need to Know About Working with VCs and Angel Investors
Imagine that you’re a millennial and your startup has attracted the attention of a venture capital firm or an angel investor. They like what you have to offer (which is likely a business model that has high-growth potential) and want to invest in your business. This is everything you’ve been dreaming of, but at the...
5 Reasons Why Side Hustles Make Millennials Better Entrepreneurs
Some 44 million Americans are currently holding down side hustles in addition to their main source of income. This type of work appeals to anyone who wants to earn an extra buck, and is particularly attractive to millennials, whose money woes eclipse those of generations before them. Simple recently surveyed a panel of millennials who have side...
5 Preconceptions That May Be Preventing Your Side Hustle From Becoming Your Full-Time Gig
Entrepreneurship has always been the soul of the American economy. A recent survey revealed that 21 million people in the U.S. already have a side hustle, another 7.5 million plan to start a new one in 2018, and one in two millennials moonlight. It’s been said millennials are the most entrepreneurial generation yet. But the...
How to Seek Out Funding as a Young Entrepreneur
I was 27 years old when I had the idea for my business, and 28 when I incorporated the LLC to officially launch. In hindsight, there’s a good chance that my young age actually helped contribute to my early success, but youth can be a double edged sword. Young entrepreneurs are seen by the market...
What Gen X and Baby Boomers Can Learn From Millennials
Millennials can often get a bad rap in the workplace. But let’s take a reality check: millennials are the best educated, most digitally savvy and fearless generation ever in the business world. They charge head first into markets, often loathe the shackles of a steady paycheck and assume there’s a technological solution to solve any problem. Therefore, millennials will...
How Millennial Entrepreneurs Can Hustle Their Way to Success [Book Excerpt]
The following excerpt is reprinted with permission of the publisher, from "THE MILLENNIAL MONEY FIX" © 2017 Douglas A. Boneparth and Heather J. Boneparth. Published Career Press, Wayne, NJ. 800-227-3371. All rights reserved. “So, uh, Douglas, how’s that nine to five treating you?” “Nine to five,” you say? That concept is funny for the young people...
Why Millennials Should Join the Gig Economy Before Becoming Entrepreneurs
Last year, a study from McKinsey Global Institute reported that in the United States alone, nearly three in 10 American workers are employed in independent positions. Most independent work is generally of the freelance variety (also called the "gig economy"), such as Lyft or Uber drivers, hosting out rooms in your home through Airbnb, selling...
6 Tips Millennial Entrepreneurs Need to Hear Again and Again
Millennial entrepreneurs or “millennipreneurs” face a unique set of obstacles. They graduated college during or shortly after the great recession when professional opportunities were scarce and less than promising. To top it off, the cost of living and student loan debt continue to rise while incomes stay stagnant; making it harder than ever to build...
5 Books Every Millennial Business Owner Must Read for Success
Despite the hate they get in the media, millennials are actually extremely hard working and entrepreneurial. In fact, there's a good chance you either are a millennial business owner or know of one. A recent study from The Center for Generational Kinetics found some fascinating data about millennial business owners. They found that millennials don’t just...
5 Millennial Entrepreneurs You Should Know About in 2017
Now that we’re more than halfway through 2017, it’s time for a little mid-year in review at the current entrepreneurial landscape. Most of us are more than familiar with what famous ‘treps like Mark Zuckerberg and Evan Spiegel are up to, but who’s making waves and on the up and coming list when it comes to millennial...