Millennials are more likely to start businesses using technology that allows them to work anywhere and anytime.Due to the poor economy more millenials are starting thier own business and using the internet and cloud to run them and store information .They also enjoy giving back to communites and having freedom to do what they want.
Key Takeaways:
- Despite growing up in a recession, millennials aren’t afraid of building a business in suffering economy – global or local – and benchmark success by the quality of work/life balance and ability to give back to the community, finds a new report from Xero.
- Growing up in the recession, millennials are now trying to enter the workforce in the worst economy since the Great Depression. More millennials are now ditching traditional career paths and opting to start their own businesses.
- A healthy work and life balance – not the number of zeros in bank accounts – is how 79 per cent of millennials measure business success.
“Compared to older generations, millennial business owners quickly adopt new technologies and integrate them into their business operations.”
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