A lot parents have lost the opportunity to embed a culture of entrepreneurship into their children. We have transitioned into a generation that needs entrepreneurs more than ever. With constantly evolving technology, industry disruption, and an unstable job market many students now entering the workforce find themselves struggling to adapt to the new climate.
Unfortunately, many of their struggles are a result of growing up in a culture of dependency. This country at one point was able to provide endless jobs for the working class. At one point finishing school, was much more celebrated as you knew a great job was waiting for you on the other end, with a potential signing bonus waiting. Now in some of the top industries of high prestige, students find themselves returning home to work at the local supermarket.
Business venture opportunities are endless in this world of abundance created by the Internet. Every industry has been affected by the Internet and lowered barriers to entry. The growing insignificance of additional education to learn new skill sets has created opportunity for anyone to get ahead. People who find themselves to be more resourceful, and scrappy are finding much more success in this new era, while those who have walked the well worn path face increasing difficulty to compete with other candidates for limited jobs.
The Internet has given us all a place to create multiple six-figure incomes if desired, yet many of us have grown accustomed to structure and direction, that we do not have the resourcefulness it takes to learn how to build a business from scratch. Most of us did not have the lemonade stand when we were 7. We did our homework, and went to play outside after. From young we have grown accustomed to doing as we are told, and using our free time for other indulgences. However this is the time to take extreme risk.
The opportunity to establish even a small local business that leverages the Internet to grow is a lot easier than finding that job after attending law school. Unfortunately, the fear, worry, and unknown variables that come with time and money spent paralyze many from tapping into endless wealth. In fact, in the end, embracing the temporary struggle would give them an even better quality of life. They will develop an appreciation for time, their own ability, and those around them who have managed to do the same for themselves.
It is important that the next generation does not face the same handicaps that the millennial generation is facing. It is important for us to re-establish a culture of setting up shop for your last name. Large corporations have grown so powerful, that the people no longer have any leverage. People are becoming enslaved mentally into believing they cannot create a living independently. We need more entrepreneurs. This world needs more local businesses that are owned by residents of the community.
It is too important that the next generation has a culture of self-sufficiency. It is important for the up and coming working generation to look at themselves for wealth first. They must know how to be resourceful and independent. In turn their self-esteem cannot be wavered by an ever changing world. They will adapt confidently.