Perceptions of millennials vary widely. Some view them as entitled and negligent, while others see them as driven and tech-savvy. One thing is clear: millennials are not sticking to traditional business methods, and this new generation of entrepreneurs seeks a different experience.
Millennials and Entrepreneurship
For 38 years, The Entrepreneur’s Source has been alerting us about the New Career Economy. The era of working for one company until retirement and living off a pension is ending. Frustrated by the volatility of the stock market, this new generation of entrepreneurs wants to diversify their investments into areas they control. Workers are frequently changing jobs, facing layoffs and downsizing, and millennials are refusing to accept this uncertain future. However, they are uncertain about their next steps.
A nationwide survey conducted by EY and the Economic Innovation Group revealed some intriguing insights:
– 78 percent of millennials view entrepreneurs as successful.
– 62 percent have considered starting their own business.
– 55 percent believe their generation is more entrepreneurial than previous ones.
– 42 percent think they lack the financial resources to start a business.
What does this mean? Millennials should consider entrepreneurship as a route to self-sufficiency.
A Self-Directed Approach to Independence
The Entrepreneur’s Source has helped tens of thousands of clients achieve their I.L.W.E.™ dreams through a unique process of self-discovery. Our Career Ownership Coaches don’t tell you what to do — and millennials definitely don’t want to be told what to do!
Instead, we help you explore possibilities and provide tools for a self-directed approach. You set the pace and choose the location, whether it’s your desk or your couch. Your journey toward financial freedom starts with your computer or mobile phone, using our innovative tool that can be accessed from home or even the beach, at a time that suits you.
FranchiseMatch allows you to explore franchising opportunities in less time than it takes to brew a cup of coffee. It simplifies a potentially overwhelming task into a focused, manageable process that you can navigate on your computer or phone.
You progress at your own pace. You work with a career coach when you’re ready, discovering options you might have overlooked or dismissed. These options could be more affordable than you ever imagined.
Entrepreneurship Through Franchising
Franchising is a sensible choice because it mitigates some risks associated with starting a new business. It’s often described as being “in business for yourself, but not by yourself.” With our client experience, you will explore opportunities that match your goals, needs, and expectations.
An Achievable Dream
Business ownership is an achievable dream, with options to suit almost every lifestyle and budget. Some entrepreneurs earn business degrees and start their own franchises right out of college. Others skip college and invest that money into starting their own franchise. There are also family businesses, where parents and children collaborate to build a successful franchise.
The bottom line is, if you can dream it, The Entrepreneur’s Source can help you achieve it at your own pace. You’re not sticking to the old ways of doing business; you’re doing business your way.
