This Business News Story Was Uncovered By Us From: http://www.youngupstarts.com/2019/06/08/8-ways-millennial-entrepreneurs-are-different-from-their-predecessors/
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Each year, around 627,000 businesses start up in the United States. Nearly the same amount fold each year.
And with millennials now outnumbering baby boomers, a large portion of entrepreneurs are in that age range.
While many people erroneously think that millennial entrepreneurs mean any young person, millennials are those born between 1981 and 1996.
They mostly represent individuals who have been in the workforce a while and are ready for a change. They may also represent individuals who are fresh out of graduate school or are still at the beginning stages of their career.
Millennials grew up in a world of technology, so they have a very different approach to entrepreneurship than those that came before them.
In this blog post, we’ll go over some of the ways millennials differ from the predecessors when it comes to entrepreneurship.
1. Millennials Have Technology in Their Veins.
Millennials grew up with technology and are often early adopters. Most of them had computer classes at a young age in school. Social media was budding during their college days, and it was made for them: Facebook was originally for university students only.
Because of this, millennials never had the issue of struggling with technology that baby boomers and some gen x members had. Instead, it’s almost always come second nature to them, and something they know how to leverage.
They come to the workforce already knowing how to do almost anything necessary with a computer and smartphone. Therefore, it’s no wonder their businesses are tech-savvy as well.
If their start-up isn’t technology based, it’s likely there’s still a lot of technological involvement. Even if they’re selling handmade cheese in a yurt, it’s l… Read More
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