Young professionals, specifically Generations Alpha and Z, are increasingly favoring freelance careers over the traditional 9-5 work model. A recent Upwork survey shows that 53% of Gen Z workers opt for freelance jobs. K12's study, surveying 380 young entrepreneurs, highlighted that 68% aspire to earn their first $10,000 primarily for independence. Other motivations include the cost of living and peer influence. Many earn through freelance services, selling physical products, or flipping items. Moreover, 62% fund their initial business ventures from savings and express a desire for better preparatory education in business management skills.
Many young professionals, especially in Generations Alpha and Z, are shunning the traditional 9-5 work model in favor of freelance and independent income opportunities.
According to a recent Upwork survey, 53% of Gen Z workers prefer freelancing over conventional jobs, indicating a significant shift in career preferences.
K12's survey of 380 young entrepreneurs revealed that 68% share a common motivation for earning their first $10,000: achieving financial independence.
The data indicates various paths to financial success for young entrepreneurs, including freelance services (30%), selling physical products (29%), and reselling items (18%).
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