Millennials Hate Risk, Here’s Why

This article stated Millennials aren’t Entrepreneurs which got me thinking…how do we really interpret risk?

With a title like this one would assume criticism will follow, but you’re wrong.

Of course startups tend to be started at an older age. Life experience can be a catalyst for great ideas.

The risk Millennials hate is: lifestyle risk.

Why work a corporate job you hate, just to support the life you want?

If you dread waking up in the morning something’s gotta change.

Entitlement can be viewed in two different ways: deserving special treatment or not settling for second-best. The former is a stereotype, the latter is a motivation.

Companies like Uber, Airbnb and Nexflix resonate with Millennials because they tap into a deeply embedded value: if you don’t like what’s being offered (monopolies), disrupt it by creating a new category.

The irony here is Millennials aren’t the only ones supporting the above companies. They are just the pioneers.

Risk is defined as being exposed to danger, harm or loss. In business-terms, smart companies/entrepreneurs look to avoid risk as much as possible.

Society interprets living adventurously as risky, but every generation in their 20’s prior to having a spouse/kids travels (as well they should).

By not purchasing homes, cars and staying at companies past a year Millennials have turned risk upside down. Carpe diem.

Don’t ignore the future, but enjoy the present. If you plan too far ahead you risk creating memories now.

Winsight Episode 24: Through the Eyes of a Child

worrying, worry wart, mr. worry, don't worry be happy, worrying is like a rocking chair, worry about what you can control

 

[audio http://traffic.libsyn.com/winsight/24_Winsight_Episode_24_-_Through_the_Eyes_of_a_Child.mp3]

 

Recently my daughter turned two years old and we celebrated her birthday for about a week. When she turned one, we had a big party, but I doubt she really knew what was going on. This time though, she loved being the center of attention when people sang Happy Birthday to her; she ate it up. It was such a joy to watch the expression on her face and see how happy she was.

As a parent, there’s a lot I’ve learned from my daughter and wife. Here’s just a few: it’s no longer about you anymore. Routines becomes essential. Patience is necessary for your sanity. But of all the things I’ve learned one stands out to me more than the rest: being present.

In this episode I’ll discuss the following:

  • What effect the future and the past have on your present
  • How a short-term memory can be a good thing
  • How much control you really have
  • What worrying actually is and how you can control it

What’s been your personal experience with worry? How does it change by looking through the lens of a child’s perspective? Please share your thoughts below!