In every year many businesses start in the world with no exception of the United States and with millennials outnumbering the baby boomers since most Entrepreneurs are in the age range of millennials. It is worth noting that millennials do not include every young person as most people fallaciously think but to only those born between 1981-1996. They represent the class of individuals who have been working and are ready to leave the workforce for change, those in the university and those in the early stages of their career. After reading this article, you will be able to understand ways in which millennial entrepreneurs vary with their Predecessors.
Millennial Entrepreneurs have adopted the great use of technology because they grew up in the time technology was already high with some of them having undergone through computer classes, and social media was budding during their college days, for example, Facebook was initially for the college students. It is not fair to compete with this millennials because they have the technology in their hands meaning they can do better advertising and other businesses through the great involvement of technology.
Millennial Entrepreneurs are more optimistic than there Predecessors in that they have a great strength of taking risks at hand even for opportunities that seem to fail.
Millennial Entrepreneurs knows how to do the advertisement and what ways are best to different categories of people with great knowledge of television and radio advertising. Millennials are the best when it comes to marketing because they easily learn new tactics and even can run a business successfully without training.
Millennials are very flexible in their entrepreneurial practice because they mostly work as their own boss. Among some changes is that they accommodate for virtual staffing and part-time working where they can hold meetings and discussions with different people at different places.
Baby boomers have no business tricks such as those used by millennials to promote their businesses by paying off days, health insurance and other benefits that make them feel that they have some value.
Most people feel that official dressing makes them stuffy and in millennial jobs, workers are allowed to be casual in the absence of clients for example in the office.
Millennial Entrepreneurs have been credited for being themselves in their activities and use unique styles to promote their activities.