Lately, I've started to think more about why young entrepreneurs seem more capable and ubiquitous than ever before. It seems as though all my peers, despite being in their early 20s, are starting companies, raising funds, and hiring their friends away from some of the larger Fortune 500s I've worked with in the past.

When I dig deeper into this trend, and after meeting with and discussing amongst various young entrepreneurs, I'm realizing that the writing's on the wall. With student loans at all-time highs, business tools and new technologies priced at all-time lows, and the "Hollywood"-ization of starting a business, many young people feel like the choice isn't whether or not to become an entrepreneur, but rather what problem(s) to solve.

However, a few of the larger companies I work with are slow to realize this trend. They think their star millennial employees are simply going to stick around because of loyalty, a steady paycheck, and clear lines of succession in upper ranks of management.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

  • Critical CUTimes.com information including comprehensive product and service provider listings via the Marketplace Directory, CU Careers, resources from industry leaders, webcasts, and breaking news, analysis and more with our informative Newsletters.
  • Exclusive discounts on ALM and CU Times events.
  • Access to other award-winning ALM websites including Law.com and GlobeSt.com.
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.