As an international speaker and business coach, I was inspired to write this book when I saw that there was a lack of books written for millennials
by a millennial on goal achievement and entrepreneurship.
Only 1 in 3 (33 %) say they have helped or will help a parent financially with buying a home, if the help is needed — this level of willingness is nearly half of the enthusiasm shown
by Millennials on the same measure;
Not exact matches
Erin Lowry, author of Broke
Millennial: Stop Scraping
By and Get Your Financial Life Together, says, «People's relationship to money is not rational, it's emotional... We need to focus more
on the psychological blocks and triggers that stand in people's ways, instead of just explaining how to budget or the importance of compound interest.»
-- Richard Lorenzen, founder and CEO of the PR firm Fifth Avenue Brands who was named
by LinkedIn as one of the top
millennial influencers of 2016 and included
on Inc.'s list of 25 Inspiring Entrepreneurs to Watch in 2017
One study
by Harris Group found that 72 percent of
millennials prefer to spend more money
on experiences than
on material things, and I (Emmie Martin, Money reporter) can't argue with the majority.
Until academic institutions confer their seal of approval
on this particular function, companies of all sizes will have to get
millennials into sales
by actively recruiting and training them.
With
millennials on track to make up 75 percent of the global workforce
by 2025, a recent study
by Bentley University in Waltham, Mass., explores the
millennial approach to work.
«
Millennials want to leave their mark
on the world
by working for organizations that benefit society, encourage innovation, and provide them with the opportunity to expand their skills,» the Deloitte study noted.
The analysis, done
by Millennial Branding and analytics company Identified.com, was created
by a team of data scientists crunching raw information from 4 million Facebook profiles of young people to uncover how they are representing themselves
on Facebook — and whether they're using the social network for business purposes.
And given that 44 % of all jobs viewed
on LinkedIn are
by millennials, this group of professionals has an undeniable impact
on changes in job trends.
CNBC's Landon Dowdy reports
millennials are taking to the road with towable trailers so they can experience the outdoor lifestyle and that trend is revving up recreational vehicle sales that have been traditionally relied
on by retirees.
Not that long ago, cord - cutting was seen
by many in the pay - TV and cable industry as a bogeyman, a spooky ghost dreamed up based
on fringe behavior
by a small number of
millennials and other malcontents.
Walk into a store — old - school hip - hop playing softly, like Muzak for
millennials — and you'll find customers leafing through Oak Street, the company's in - house magazine (a recent issue features an editorial
by Ethan Song that quotes Steve Jobs's thoughts
on the intersection of technology and the liberal arts).
A recent report
by Morgan Stanley shows that
millennials are spending more
on expenses like rent, cellphones, and personal services than young people a decade ago.
And then realize that younger generations -
millennials and Generation Z - are relying primarily
on this content delivered
by video to influence their decision making.
But executives defend the practice
by arguing diners, in particular
Millennials, are rewarding restaurants that make good
on promises to serve better food with fresher ingredients.
A study
by Morgan Stanley highlighted that
millennials are instead choosing to spend money
on expenses like rent, cellphones, and services.
Panera, meanwhile, has worked hard to stand out from the crowd
by promising diners that the chain's food uses «cleaner» ingredients, a move that it feels makes it more
on trend with prevailing trends today as consumers — in particular
millennials — want better quality foods.
Employers that work to meet those demands
by building a high - trust culture, with a special focus
on Millennials in leadership roles, will get ahead in both the talent game and in the marketplace.»
In a survey published
by Randstad
on Wednesday, 79 percent of
millennials in Singapore were seeking opportunities to switch careers.
Those
Millennials are one key reason Plunkett is high
on the growth prospects for the residential housing market — an industry that was severely hit
by the Great Recession.
«The growth in audio listening in the
millennial range is pretty outstanding,» Smith said, based
on surveys conducted
by Adobe.
As a matter of fact, in a study
by the Georgetown University Center
on Education and the Workforce, it was discovered that
Millennials constitute 40 percent of the unemployed, as opposed to 37 percent from Generation X and 23 percent from the Baby Boomers.
While there are probably a few things
Millennials themselves can do to beat back perfectionism (for the love of all that is holy, spend less time
on social media, for instance), the underlying causes of this shift suggested
by the study, including an increasingly terrifying scramble for a shrinking number of slots in the middle class, are something we're all going to have to address together.
This means that
by the time you get
Millennial employees trained and actively providing value for your team and company, they're
on to the next one.
This is very valuable in today's workplace where 92 percent of
millennials want to work remotely and 87 percent want to work
on their own clock, per a study
by oDesk.
Co-founder and CEO Eli Pariser, whose site first staked a reputation for re-packaging liberal stories, says the move to partner with a traditional network (and MSNBC in particular) is one that makes sense for both companies: «We had a meeting with NBCU and realized that we were thinking about a bunch of the same things, and that it would be fun to collaborate
on a project,» he says,
by «bringing together what we learned from curating a lot of video for purpose - driven
millennials, and what they know about visual video storytelling,» he tells Inc. exclusively.
bottles, it is being marketed heavily to
millennials as an alternative to beers
on the beach or
by the grill.
Which has led to the installation of ridiculous props in the workplace to make it seem like the work environment is something that it's not: an arcade machine in the corner, a bar and barista
by the far wall, big chalkboards or dry erase boards around the office for
Millennial employees to write inspirational quotes
on.
These boutiques» trendier
on - site bars and restaurants and locally inspired design appeal to travelers put off
by the cookie - cutter feel of larger chains — especially
millennials, whose financial clout will mushroom in years to come.
In 2000, professors Edward L. Deci and Richard M. Ryan published a breakthrough paper
on a term they coined «self - determination theory,» suggesting that people (not just
Millennials) are motivated
by personal fulfillment, typically through three channels: autonomy, connectedness and learning.
Vice's grip
on its
millennial audience, and its power with major advertisers, are seen as so valuable that A&E Networks, the TV network co-owned
by Hearst and Disney, is reportedly going to turn over control of an entire channel — H2, a spin - off from the History Channel — to Vice.
Become a great coach and empower your
Millennials by helping them become more confident, asking for their input
on important issues and supporting them whenever possible.
A striking 46 percent of renters ages 25 to 34 — the core of the
millennial population — spend more than 30 percent of their incomes
on rent, up from 40 percent a decade earlier, according to a report
by Harvard University's Joint Center of Housing Studies.
Doing so cultivates a greater sense of work - life balance — a factor that weighs heavily
on job satisfaction, particularly among
Millennials, according to a study led
by PricewaterhouseCoopers.
The
Millennial generation is now the largest in the U.S. and has the power to determine the 2016 election, according to a study
by The Center for Information and Research
on Civic Learning and Engagement at Tufts University.
Generation Z, those born 1997 to present, now represent 27 percent of the U.S. population, a larger group than
Millennials, and although only older Gen Zs are entering adulthood, their impact
on the food industry is already being felt, finds a new study
by The NPD Group, a leading global information company.
Millennials are distinguished from older generations
by their spending habits, brand preferences, values, personalities, and general outlook
on life.
This would amount to 42 % of all wine drunk in 2015, and
on average,
millennials — those born between 1980 and the late 1990s — are downing around 3.1 glasses a sitting, according to a new report
by the Wine Market Council, and as reported
by Wine Spectator.
A new study
by my company,
Millennial Branding, and the
on - demand compensation data and software firm PayScale gives a good indication of how underemployed Gen Y truly is.
The AMG Funds survey found that
Millennials expect an average return of 13.7 percent
on their investments — well above the 7.7 percent expected
by baby boomers.
Elite Daily And
Millennial Branding Release Landmark Study
on The
Millennial Consumer
Millennials influenced most
by blogs, respond to native over traditional ads and family inheritance / students loans have no impact
on their spending habits New York, NY, January 20, 2015... Continue reading →
Data tends to drive the decisions made
by millennials, who are predisposed toward skepticism and tend to rely
on their own insights and research to spot potential investment opportunities.
Millennial Branding and Randstad US Release First Worldwide Study Comparing Gen Y and Gen Z Workplace Expectations Findings reveal Gen Z is entrepreneurial, less motivated
by money and more focused
on face - to - face communication compared to Gen Y. NEW YORK,... Continue reading →
[01:10] Introduction [02:45] James welcomes Tony to the podcast [03:35] Tony's leap year birthday [04:15] Unshakeable delivers the specific facts you need to know [04:45] What James learned from Unshakeable [05:25] Most people panic when the stock market drops [05:45] Getting rid of your fear of investing [06:15] Last January was the worst opening, but it was a correction [06:45] You are losing money when you sell
on corrections [06:55] Bear markets come every 5 years
on average [07:10] The greatest opportunity for a
millennial [07:40] Waiting for corrections to invest [08:05] Warren Buffet's advice for investors [08:55] If you miss the top 10 trading days a year... [09:25] Three different investor scenarios over a 20 year period [10:40] The best trading days come after the worst [11:45] Investing in the current world [12:05] What Clinton and Bush think of the current situation [12:45] The office is far bigger than the occupant [13:35] Information helps reduce fear [14:25] James's story of the billionaire upset over another's wealth [14:45] What money really is [15:05] The story of Adolphe Merkle [16:05] The story of Chuck Feeney [16:55] The importance of the right mindset [17:15] What fuels Tony [19:15] Find something you care about more than yourself [20:25] Make your mission to surround yourself with the right people [21:25] Suffering made Tony hungry for more [23:25]
By feeding his mind, Tony found strength [24:15] Great ideas don't interrupt you, you have to pursue them [25:05] Never - ending hunger is what matters [25:25] Richard Branson is the epitome of hunger and drive [25:40] Hunger is the common denominator [26:30] What you can do starting right now [26:55] Success leaves clues [28:10] What it means to take massive action [28:30] Taking action commits you to following through [29:40] If you do nothing you'll learn nothing [30:20] There must be an emotional purpose behind what you're doing [30:40] How does Tony ignite creativity in his own life [32:00] «How is not as important as «why» [32:40] What and why unleash the psyche [33:25] Breaking the habit of focusing
on «how» [35:50] Deep Practice [35:10] Your desired outcome will determine your action [36:00] The difference between «what» and «why» [37:00] Learning how to chunk and group [37:40] Don't mistake movement for achievement [38:30] Tony doesn't negotiate with his mind [39:30] Change your thoughts and change your biochemistry [40:00] The bad habit of being stressed [40:40] Beautiful and suffering states [41:50] The most important decision is to live in a beautiful state no matter what [42:40] Consciously decide to take yourself out of suffering [43:40] Focus
on appreciation, joy and love [44:30] Step out of suffering and find the solution [45:00] Dealing with mercury poisoning [45:40] Tony's process for stepping out of suffering [46:10] Stop identifying with thoughts — they aren't yours [47:40] Trade your expectations for appreciation [50:00] The key to life — gratitude [51:40] What is freedom for you?
On the other hand, a full 51 % of Boomers say they don't know where the best foreign investment opportunities lie... an uncertainty that is shared
by only 15 % of
Millennials and 32 % of Gen - Xers.
So too bad for the
millennials who've been shafted
by this housing bubble, and too bad for systemic risk to the financial system, but the housing bubble must go
on.
Millennials influenced most
by blogs, respond to native over traditional ads and family inheritance / students loans have no impact
on their spending habits
As a manager, it is crucial to engage and energize your
Millennials by shedding light
on how the company makes a difference.
This survey was conducted
by independent research firm Red Brick Research
on behalf of Elance - oDesk from September 1 — September 10, 2014, among 1,039
Millennials (21 — 32 years old) and 200 hiring managers (33 + years old).