Millennials-Thumb.jpgWith the economy mostly healed from the recent recession, more millennials are choosing to forge their own path in the business world. According to the Global Entrepreneurship Monitor, a joint venture between Babson College and London Business School, 18 percent of Americans age 25 to 34 launched or ran a small business in 2014, compared to 15 percent in 2013.

 

The traits that define the typical millennial—idealistic, confident, environmentally conscious, self-absorbed, creative—coincidentally lend themselves to entrepreneurship. Add a little tech savvy and the exuberance of youth, and you have the demographic potential to redefine the small business community and the economy overall.

 

Click here to read the full article (PDF).



Note: We're celebrating small business all month long.  As a small thank you, we’ve compiled our newest and most popular content for you here.