Another week, another beautiful Tuesday coming at ya (unless you live in the midwest, it’s been anything but beautiful out). I’m just happy to be bringing you another installment of the ‘from, you’ series this week! Now, this is my first blog post since those weekly class assignments in college so bear with me.
Speaking of college, with most of my colleagues and friends having recently graduated or in the process of graduation, it’s been interesting to see what direction we all are going.
Are we experiencing a generational shift?
It might just be me, but it seems like 20 – 30 years ago, the idea was to find a corporation where you fit in and climb that ladder as high as you can before either retiring or jumping ship to another and continuing the ascent.
Nowadays, it appears that more young people are blazing their own trails and taking the entrepreneurial route, exploring their ideas, and building a brand for themselves after college.
Which bears the question, did my grandpa have this dilemma?
Is this just a phase that everyone goes through in their 20s, or is it a sign that the new gig economy is transforming the career landscape for good? Let’s dive a bit deeper.
When difficult choices like, what to do with my life now that I’m not on the collegiate beer pong team, come up, I find it helpful to make a pro and con list. Mine looked something like this a couple years back when I decided to walk away from the C-Suite climb.
Nevertheless, it’s important to remember that this doesn’t have to be an either-or scenario. Plenty of ideas can be created and catered on the side of your main hustle. Some popular options include holding real estate, affiliate marketing, or selling custom products online. The more streams of revenue you can create, the more opportunities you will have!
So, who’s doing it?
Well, maybe not as many as I thought. Of the 2022 graduating class, 17% (170/1000) went on to continue building their vision. Another 16% planned on starting their company at some point after graduation.
Furthermore, 43% of these young entrepreneurs say they want to do this as a means to follow their passions like me.
Unfortunately, there isn’t much data from the 90s and early 2000s to compare this to, but this graphic from 2005 does validate the idea that entrepreneurship might just simply be a phase that people go through in their 20’s and 30’s before accepting the fate of working for someone else until retirement.
After all, the stability and benefits are likely more attractive to people over 50 than those in their 20s as the chart suggest.
Moo Moo Express
We’re back with the homies this Friday! What’s better to wash down some bugs with than a pint from Saucy Brew Works! They have fantastic pairings for insect consumption like Love You, Bye for crickets, Juicy ASAP for the dryer bugs, and sours for candied worms. Jokes aside, this place rocks, their beer is great, and you’ll probably catch me there at some point this weekend. Go check them out or order a case! #ad
The post-pandemic playlist
I’m a numbers guy, so it’s easy to look at those values and say there’s definitely something there. But the fact is, we are living in unprecedented times compared to the turn of the century. Technological innovation is at an all-time high and how it’s applied to our careers makes all the difference.
It’s now easy for someone to run an alternative investment business while working a day job, just ask my landlord.
You no longer have to be out in the nitty gritty to build connections or make sales, although it’s probably still a good idea. Not to mention, we’re still getting over a pandemic that shut down face-to-face interactions for a year or more in some places.
The business landscape we once knew is now much more dynamic, diverse, and innovative, allowing people to work from home and finally catch their breath and think a bit more about what they want from their careers and, more importantly, their lives.
Whatever you want to do, just be sure to take control of your career and create the life you want to live.
Speaking of building connections, hit me up on LinkedIn to see what I’m up to and connect!