Millennials — more than any other generation — are itching to hang out their own shingle, and would do so if they had right partners to support their efforts — especially with capital, so says the study, Generational Views of Entrepreneurship and Small Business, released by America's Small Business Development Centers and the Center for Generational Kinetics.
More than half (54%) of millennials would quit their job and start a business in the next six months if they had the tools and resources they need, compared to 41 percent of all of the 1,011 U.S. adults surveyed for the study.
Indeed, more than a third (38%) of millennials have been a part of a new start-up company when it first began and 26% have lived entirely off the income from a business they started. Nearly two-thirds (62%) have a dream business in mind that they would love to start, and close to half (49%) intend to start their own business in the next three years.
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Katie Kuehner-Hebert
Katie Kuehner-Hebert is a freelance writer based in Running Springs, Calif. She has more than three decades of journalism experience, with particular expertise in employee benefits and other human resource topics.
