A timely piece – The Myth of the Millennial Entrepreneur
“"Millennials
are on track to be the least entrepreneurial generation in recent history,” John
Lettieri, the co-founder of the Economic Innovation Group, testified last week
before the U.S. Senate. The share of people under 30 who own a business has
fallen by 65 percent since the 1980s and is now at a quarter-century low,
according to a Wall Street Journal analysis of Federal Reserve data.
These statistics go
against the typical media portrayal of an American start-up: a phone app built
in an open-plan office with dedicated lanes for 22-year-old executives on hover
boards.”