The Millennials are making the career choice of being an entrepreneur.
Promoting entrepreneurship as a viable career option and supporting self-employment on an higher educational campus has both community and economic relevance. The role of higher educational campuses to nurture and develop the entrepreneurial and innovative talent is foundation to creating the next generation within our community. The trend is for millennial University students to be empowered to come out of university with an understanding of entrepreneurship, with a view that these skills and knowledge allow them to make informed life choices.
Our Millennial Entrepreneurs understand how to start new businesses and take on the risk and rewards of being an founder. Entrepreneurs are the dreamers who are fuelled by the desire to pioneer, lead, innovate and invent disruptive technologies and products. The tech savvy millennial wants to work the way then want, the hours they want make the opportunities they want.
In the 1980s we saw a massive increase in self employed and now their children are following the footsteps or the desire of their parents and opted for a career that was decided by their elders. However, the opening up of the world economy during the 1990’s and the great advances in tech field has had far reaching impact on the way business was done world over.
Millennial Entrepreneurs Motivation
These momentous changes are opening up new business creation tools and unexplored business models for the young and ambitious who were not satisfied being put in a single career for their entire life. Young people are drawn towards entrepreneurship because:
- The desire to be their own boss and have better control
- The motivation to take risks in the changed global environment where unexplored new opportunities were present
- The ambition to develop and execute a plan right from the ground level
- The aim to do well financially and take their growth trajectory to unprecedented level
New Venture Creation (NVC) Programmes are available to equip nascent entrepreneurs with the skills necessary to start a scalable business. These university degrees have been developed by entrepreneurs to support Millennial Entrepreneurs on the entrepreneurial journey, and to develop the entrepreneur within alongside an in-depth understanding of how to start and run a business.
Students will be in a class with like-minded Millennial Entrepreneurs developing a strong network of entrepreneurs. Throughout the degree, the focus will progressively move from entrepreneurial mindset, creativity, venture feasibility and marketing, to business operations, stakeholder communications, sales and growth strategies.