Millennials are the people who are basically computer literate since birth. They have opened their eyes to a world filled with innovation and technology, hence mastery over these is a norm for them. These people will definitely have an advantage in the world of Entrepreneurship.
As per the University Herald, these people with the Millennial Mindset are those born after the 1980's or 1990's, they were the ones who are digitally inclined to the core, making it almost natural for them to utilize technology. Especially now that the world we live in heavily relies on technology and innovation; including Entrepreneurship.
The success achieved by many millennials is thanks to the 2008 economic crash. This significantly dark period in the modern era caused millennials to bloom to their potential. According to a report by Huffington Post, the millennials wouldn't be what they are today if the 2008 economic crash did not happen.
That dark time in the world's economy caused a drastic lack of jobs and the millennials were not about to stand by and wait for job opportunities to approach them. During this period, the risk-taking ambitions were awakened in the hearts of millennials, many of which took the first brave step towards the only hope at the time; Entrepreneurship.
There weren't any jobs, so do you wait around for one, or do you create the opportunity? The corporate corruption at the time actually opened the doors for social entrepreneurs led by millennials, who know their way around various online platforms.
According to the same report, 60 percent of millennials proudly claim to be entrepreneurs while 90 percent of them believe that entrepreneurship is a mentality. There are young adults staying up at night trying to create a neat app which might just be the next big thing. People at their 20's or 30's pushing themselves to let their online businesses strive, their innovations succeed, and to create a community that supports each other.
Millennials, although naturally techy and computer literate to the core still need support from the previous generation and their co-millennials as well. The availability of a supportive community that doesn't look down on they fresh ideas and goals is the best help they can get.
Keeping the doors of opportunity open for these young, business-minded dreamers is the key to a bright economic future. Stay tuned to Jobs & Hire for more useful tips on staying afloat in this every changing world.