While the United States has some of the Millennium was a barrier to student debt plan to start their debt will not be allowed to hold them back. A new global study of highly successful entrepreneurs wealth of different generations focuses hereditary called "m illennipreneurs».
Between the ages of 20 and 35 years are more successful millennipreneurs, run a company more profitable and lead generation larger than other employees, according to the report, 201 6th Global Entrepreneur bank BNP Paribas.
Here millennipreneurs different from any other generation entrepreneurs are some ways:
Their companies more profitable. Nearly 60 percent of millennipreneurs in the study expect their profits will increase over the next 12 months compared to 42 percent of baby boomers. Millennipreneurs also get a higher gross profit (29.7 percent).
They are starting their business is younger than ever. Compared to break down, which opened the first of them at an average age of 35 years, which is millennipreneur a company daily, began on 31 studies noted that not only makes it easy technology to start a business at a young age, but it's also become widely accepted that young people can be taken seriously As a business owner. (Thank you, Mr. Mark Zuckerberg).
They started the business more. Millennipreneur daily observation of the company has already begun almost eight compared to an average of 3.5 for the baby boomer. Considering that the Boomers are at the end of his career while entrepreneurs millennipreneurs is still at the beginning of them, the difference is even more striking. The report's authors concluded that the convenience and the possibility of starting a business today more and more, thanks to technology, can lead to a greater number of startups and levels of comfort millennipreneurs' with the failure may play a role.
Their business is larger. Staff millennipreneur business, which is four times the size of the baby boomers staff. One reason: Millennials are more likely to start a business in the e-commerce, retail and technology industries, which typically require a larger staff satisfaction industrial purposes' of accounting, consulting and legal services.
They have learned from their parents. Less than a quarter of millennipreneurs a previous generation of business owners. By comparison, more than half of baby boomers were the first in their family to own the business. Perhaps millennipreneurs are more comfortable with entrepreneurship because they have learned from their parents.
They care about giving back. Traditionally, entrepreneurs in the generation of baby boomers increase their companies have become rich and then only start to charitable causes. But «millennipreneurs" was built into their social responsibility from the get go.
Of course, this report focuses on the highly successful entrepreneur, so no wonder the statistics are impressive. But there is a lesson for all startups here: aim high, dream big and not be afraid to fail. The guide points can help you overcome obstacles startup, no matter whether you have a thousand years, the baby boomers or somewhere.