Lessons from Baby Boomer parents heavily influence millennials in business. Many millennials follow a three-act life script: discovering personal identity, building a successful enterprise, and pursuing meaningful significance. However, the desire for continuous growth often leads to regret after selling a business. A key insight from a Baby Boomer parent emphasizes the importance of focusing on business as a whole rather than attachment to individual ventures. Millennial entrepreneurs often prioritize meaningful work and adapt to changing life circumstances, reflecting their tendency to change jobs frequently throughout their careers.
My dad gave me a piece of advice that would get me back in line with my fellow millennials - a generation of entrepreneurs who are more likely to start or buy businesses than exit from them over and over throughout their lives.
Millennials have big plans for their lives, but those plans are unlikely to follow a straight trajectory. We value meaningful work, and that meaning will change throughout our lives.
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