Posts Tagged ‘Millennials’
Millennial Entrepreneurs are Primed to Adapt to a New Business World
Some may think that developed countries are built on the backs of millionaires, but the truth is that small businesses help countries move forward. The problem is many business owners are retiring, and millennials are not filling in those spaces. Do Millennials Even Want to be Entrepreneurs? Currently, millennials are the most disengaged workforce. Many…
Read More5 Best Franchise Investments for Millennials
When someone says “franchisee,” the image that comes to mind is usually a middle-aged man or woman. But over the past decade, there’s been a dramatic shift in the industry. As a result, a new generation of business leaders is emerging. These leaders are our twenty-somethings, otherwise known as the millennial generation. Millennials have grown…
Read MoreBye-bye Boomers! Adios Gen Xers! Millennials in Management
As we look toward the coming year, I think it’s a good time to take a “long view” of how we are assimilating Millennials into our companies. The position of Millennials in the workforce is a topic often covered in business blogs like mine, and that’s a good thing because it’s an important issue. Exactly…
Read More4 Concrete Ways for Millennials to Achieve Their First Million Dollars
Setting a goal of having your first million before you reach the age of 40 may sound preposterous but it is highly achievable. If you get your first job or put up your first business at the age of 25, you will have 15 years to save up for your million dollars. That means saving…
Read MoreBeware These Pitfalls of Being a Young Entrepreneur
How old were you when you started your first business? Warren Buffett started off with pinball machines in barber shops as a young man. Great entrepreneurs often have lofty ideas and goals at a very young age, and while Millennials are mostly choosing to skip entrepreneurship Gen Z is going after their dreams with a…
Read MoreThe Generational Shift in Brand Loyalty
What is brand loyalty? There are still plenty of people out there who buy the same brand of toilet paper every time they go to the store, but brand loyalty is about more than that these days. Brands that retain customers are the brands that make a superior quality product, have excellent customer service, and…
Read MoreStop Blaming Millennials for Destroying Big Brand Business!
It seems like millennials have become the mysterious group of individuals that other generations can’t seem to figure out. With their horn-rimmed glasses, need to bring back record players and a love for all things ‘90s, a time when most were still wearing diapers (and no we aren’t talking Zubaz), a majority of big brands…
Read MoreAre Millennials Killing the Modern Office?
There seems to be no shortage of things that Millennials are killing these days. From marriage to lunch, nothing is safe from the imagined wrath of Millennials. Although some deaths may wrongly be attributed to the generation that is coming to dominate the workforce, there can be no doubt that they will change the modern…
Read MoreHow to Attract and Retain More Millennial Workers for Your Business
With the increase of millennials in the workforce, businesses need to understand the differing values of this generation in order to be able to recruit and retain new employees. Currently, 40 percent of companies employ 50 or more millennials, but by 2025 they will represent 75 percent of the workforce. More than 60 percent of…
Read MoreMillennials and Franchises: What You Need to Know
Forget Baby Boomers. The demographic that is quickly forging its own path in the franchise world? Millennials. Millennials, aged 18-34, now outrank the number of Boomers on the planet. And their numbers are turning up in an interesting place: as franchisees. We’re seeing an increase in the number of franchises run by Millennials, and it’s nothing…
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