Posts tagged millennials

Why Millennials Could Be the Most Entrepreneurial Generation Ever

Independent, business-owning millennials have sidestepped traditional career paths and have become a significant force in the small-business milieu. In spite of the recession-wounded economy and striking levels of student debt, they’re building companies and saying some potentially surprising things about the process.

Read more on how millennials feel about their business prospects on OPEN Forum.

What Do Millennials Want Most From Their Jobs?

  1. An entrepreneurial spirit
  2. A small company with fewer employees
  3. Frequent feedback from a boss
  4. A connected, social environment
  5. A tech-friendly environment
  6. Work-from-home and flexible-hour options
  7. A chance to give to the greater good

Read more on how you can bring these features to your company on OPEN Forum.

A recent study says that business owners under the age of 30 are better entrepreneurs than other age groups. We broke out just why that may be.

A recent study says that business owners under the age of 30 are better entrepreneurs than other age groups. We broke out just why that may be.

7 Young Entrepreneurs Changing The World With Their Businesses
        (via 1 | 7 Young Entrepreneurs Changing The World With Their Businesses | Co.Exist: World changing ideas and innovation)
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4 in 10 Millennials Interested in Co-Creating Products With Brands
Leveraging Millennials’ affinity for social media might be one way to satisfy their urge to influence product innovation. A study released in November by the IBM Institute for Business Value found a majority of senior executives planning to use social tools for innovation, by gathering feedback from customers (73%) and enabling customers to submit plans and solutions (68%). Read More
(via 4 in 10 Millennials Interested in Co-Creating Products With Brands)

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4 in 10 Millennials Interested in Co-Creating Products With Brands

Leveraging Millennials’ affinity for social media might be one way to satisfy their urge to influence product innovation. A study released in November by the IBM Institute for Business Value found a majority of senior executives planning to use social tools for innovation, by gathering feedback from customers (73%) and enabling customers to submit plans and solutions (68%). Read More

(via 4 in 10 Millennials Interested in Co-Creating Products With Brands)

Millennials have different and, possibly, more realistic ideas about work than boomers do.Hey, Boomers, you might be able to learn something from millennials’ attitude toward work.


    
        (via Timeline Photos)
Millennials have different and, possibly, more realistic ideas about work than boomers do.

Hey, Boomers, you might be able to learn something from millennials’ attitude toward work.

(via Timeline Photos)

Gen Y Report: Head (North)West, Gen Y!

The stats:

Out of the twenty largest metro areas in the U.S., Seattle came out on top for Gen Y workers. The Rainy City boasts strong wage growth, with a 4.4 percent increase between Q2 2009 and Q2 2012. In addition, they have a high median pay for Gen Y workers at $44,000 and a strong presence of tech firms, including Microsoft, which was ranked as a top employer for Gen Y.

After Seattle, the next top metro in the study was Houston, followed by Minneapolis, Washington DC and Boston. San Francisco has the highest median pay for Gen Y at $51,300 and Riverside, CA had the lowest pay at $33,800. New York suffered from having the longest commute time for Gen Y at 30.6 minutes and Riverside had the shortest at 20 minutes. Washington DC has the highest percentage of Gen Y employees at 26 percent, while Tampa has the lowest at 19 percent. Read More

Millennials Are Changing the Food Industry!
In the last few years, the food industry has been one of the few bright spots in the small-business economy, with trends such as craft beers, locally sourced foods and artisanal products capturing consumer dollars—and creating opportunities for small food producers and retailers. However, the rise of the Millennials and the aging of the Baby Boomers are bringing new challenges and increased opportunities that are already transforming the food industry and will continue to do so in the next decade. Read more.
(via How Millennials Are Changing the Food Industry : Marketing :: American Express OPEN Forum)

Millennials Are Changing the Food Industry!

In the last few years, the food industry has been one of the few bright spots in the small-business economy, with trends such as craft beers, locally sourced foods and artisanal products capturing consumer dollars—and creating opportunities for small food producers and retailers. However, the rise of the Millennials and the aging of the Baby Boomers are bringing new challenges and increased opportunities that are already transforming the food industry and will continue to do so in the next decade. Read more.

(via How Millennials Are Changing the Food Industry : Marketing :: American Express OPEN Forum)


Most of Gen Y isn’t working for large companies.
The highest concentration of Gen Y workers are at small companies with less than 100 employees (47 percent), followed by medium companies that have between 100 and 1,500 employees (30 percent), and the fewest work in large companies with more than 1,500 employees (23 percent). Larger companies have hiring processes that last for months, while smaller ones only take a week or so. Gen Y likes startup companies because they can make a huge difference on day one, and there’s potential that it may turn into the next Facebook.

(via 6 New Findings About the Gen-Y Worker : Millennial Branding :: American Express OPEN Forum)

Most of Gen Y isn’t working for large companies.

The highest concentration of Gen Y workers are at small companies with less than 100 employees (47 percent), followed by medium companies that have between 100 and 1,500 employees (30 percent), and the fewest work in large companies with more than 1,500 employees (23 percent). Larger companies have hiring processes that last for months, while smaller ones only take a week or so. Gen Y likes startup companies because they can make a huge difference on day one, and there’s potential that it may turn into the next Facebook.

(via 6 New Findings About the Gen-Y Worker : Millennial Branding :: American Express OPEN Forum)

pewinternet:

(via)
Interesting infographic from Millennial Branding and Identified, Inc. on Gen Y workers and Facebook:
Out of four million Facebook users ages 18-29, only 36% listed a job on their profile
Of those who list job titles, “owner” is the fifth most popular title
Full infographic

pewinternet:

(via)

Interesting infographic from Millennial Branding and Identified, Inc. on Gen Y workers and Facebook:

  • Out of four million Facebook users ages 18-29, only 36% listed a job on their profile
  • Of those who list job titles, “owner” is the fifth most popular title

Full infographic