Millennials Want to be Entrepreneurs, Not Employees

After more than 100 years, the 9-5 job with “benefits” is becoming a thing of the past, as the “lazy” generation brings humanity back into the workforce, focusing more on people and less on the “assembly line” style the world has adopted.

Millennials don’t want to be employees; we want to be entrepreneurs.

After more than 100 years, the 9-5 job with “benefits” is becoming a thing of the past, as the “lazy” generation brings humanity back into the workforce, focusing more on people and less on the “assembly line” style the world has adopted.

Millennials are the new entrepreneurs. Our generation has been coined as a self-gratifying, arrogant, lazy bunch– but the truth is that we are more interested in creating, than in simply keeping busy for the sake of making a paycheck.A survey conducted by Bentley University, focusing on people ages 18-25, found that Millennials are constantly looking to learn and grow. The survey states that by 2025, Millennials will make up more than half of the workforce, and 66 percent want to start their own businesses , rather than work for others or climb the corporate ladder.

We are, in fact, out to change the way the world works.Here are a few reasons why:

We understand a few things about being productive

Millennials don’t like waiting for things–but we also don’t like being unproductive. Part of being a generation that has grown up in the digital era is that we want things fast and we want things to be efficient. Unfortunately for us, the current model of the workforce is not directly linked to being productive, and more so to keeping busy. This is understandable, seeing as no human being on the planet can concentrate on a specific task for 8 hours straight. Yet, no business owner or company executive, wants to see an employee who has finished their task, doing something else.

In that, Millennials have found that flexible hours work best in order for companies to run smoothly. If you have a team of workers that are coming into the workplace, and performing at their most productive, then logically you will have a company that produces higher quality work. In fact, according to the Independent a 2018 poll conducted in the UK compared the productivity of 1,500 workers who set their own hours or working location against 500 who do not. The poll showed that workers that were offered the option of working flexibly were taking less time off and working more productively.

The poll showed that workers that were offered the option of working flexibly were taking less time off and working more productively.

The Independent

Unfortunately, or in most cases fortunately, the elongated work day is proving to not only be an invasion of our human lives, but to produce quantity results, rather than quality results. Millennials have realized that there needs to be an increase in what stimulates employees during work hours, by honing their strengths and skills, rather than creating tasks that keep employees busy.

We are people driven, which is why we’re such good networkers

Ever wonder why Facebook is so successful? Well, aside from being a stalker’s heaven, it connects people.

Millennials love connecting with one another. Even if we spend much of our time burying our noses in our phones, we value being part of groups and communities. We also bring this into the companies that we create.

Facebook is, again, the perfect example of a company that focuses on allowing employees to feel like they are part of the bigger picture. Mark Zuckerberg is key example of a Millennial that created a company that cares about the people around it. In 2016, Facebook ranked as #1 on Business Insider’s Top 50 Best Companies to Work for in America.Employees stated that they liked being able to share their ideas without fear of being reprimanded; they also liked that they were allowed time off several times a year, and their individuality was valued.

We are networkers. We are constantly looking for a way in which to connect with one another, create things together, and most of all make them meaningful. The most successful businesses run by Millennials right now do just that–they connect people. Take companies like Uber, Snapchat, Amway, Instagram, and Google—they are companies which Millennials value, because they are companies that place people first and connect them. Millennials don’t want to be a part of something that does not have at its core a pure connection to bettering the human condition.

We are a passionate bunch

I have a theory, that we are called the “entitled” generation, mostly because we oftentimes refuse to do things unless we are passionate about them. I can see how that would seem “entitled,” but I believe it has more to do with an idea of quality of life.

Millennials are passionate about doing things we consider “meaningful.”  We want to help the environment, the poor, the hungry—everyone. There is no such thing as “the starving kids in…” that you can’t save in the our minds. Therefore, we take steps toward building companies and starting movements that focus on making the world a better place.

Take for example, Inspire Cuba, Inc. (Yes, I’m bias since I’ve lived through it). It all started out as a project to bring Cubans and Cuban-Americans together and bridge a gap. Not money driven. No special interests. Just pure passion to do something that you love. Last year, the administrative board drove for 30 hours just to have a 1 hour meeting with the Cuban Consulate in the United States. Did we care? NO! We were stinky, tired, hungry, but the only thing we wanted was to do something meaningful to us and start something despite its lucrative results.

We want to live our lives, we want to create spaces where people feel like their work matters to them, like their dreams are coming true. I mean, is there anything more frustrating than sitting at a desk doing something you abhor? Is there anything more infuriating than a boss that tells you that your lunch break was 10 more minutes than it should have been? Millennials are changing that.

Millennials are Highly Educated, Despite a Failing Education System

There’s no question that technology has allowed the world to evolve faster than ever before. Information that once took hours, days, or months, now takes seconds to acquire and is available at our fingertips. This makes Millennials among the most educated generations in existence (I won’t say MOST educated).  Yet, despite technology creating an incredible space for learning, our educational system lacks behind by continuing to promote outdated methods that are creating employees rather than individual thinkers.
The current educational model—like our work model—operates by holding every child to the same learning standards, whilst failing to provide them with an education that hones their individual skills. The system fails because it  has pushed many of this generation to stop pursuing higher education degrees, and focus on self-education and innovation instead.

This is not to say that acquiring a college degree or going to school is bad—not at all. In fact, I wish I were still in college. Being an employee is also not a bad thing. But there is a desire to move toward a system that does not simply focus on our ability to take a test, and more on our ability to exploit our talents and passions. When your generation is part of the 12.7% unemployment rate in the United States, and robots are replacing our jobs at a rate of 1 out of 3 jobs by 2025, you become increasingly skeptical about your chances for success in the future with the way our minds are being enriched.

Thankfully, we are creating the changes that we want to see

As a Millennial, and as a recent college graduate and employee, I can tell you that our generation is creating growth in an exponential way. Even if right now the numbers are not tangible, just the amount of innovators that were invited to Forbes’ 30 Under 30 List, proves that Millennials don’t want to just be employees.

This is encouraging for all of us. I don’t want to be an employee, either. I want to be a creator, an innovator, I want to be an agent of change in the planet. And as entitled as it may sound, I’m happy my generation wants to be the one to do it. We don’t need the old workforce, because we’re creating a new one.

If you’re interested in learning more about how to become an entrepreneur or start living a different kind of lifestyle, feel free to send me a message. Also, here are some book recommendations:

  • Rich Dad, Poor Dad-Robert Kyosaki
  • The Magic of Thinking Big-David J. Schwartz
  • Think and Grow Rich- Napoleon Hill
  • Si Tan Solo Me Hubiesen Dicho- Maria De Luz Da Silva
  • The 4-Hour Workweek- Tim Ferriss

 

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