This study showed that over half of those born after 1983 are conceiving companies that focus on solving social problems.
Millennials: a potential army of socially committed entrepreneurs /
The young population of the world is roughly 1,800 million people. This represents 25% of the inhabitants, according to the United Nations which considers people between the ages of 18-30 as ‘young’.
Currently, the concept of “Millennial” is applied to those people who were born after 1983. The Digital revolution, global economic crises and climate change are some of the most important cultural pillars for them. Additionally, this generation has witnessed how the social inequality gap has grown; while life expectancy has also increased.
The millennial generation has experienced the short-comings of the capitalist system, in contrast with the improvements that the growth of human rights has fostered. But, what is their global perspective? Do they believe they have the power to improve it? And if they do, where do they find their strength: in politics, activism? The answers, according to The Millennial Survey 2013, are encouraging, since Millennials affirm that the conditions of the world can evolve and they believe business entrepreneurship holds the greatest potential.
Even if being an entrepreneur does not require a specific age, the potential of young people who now are between 25 and 30 years of age, is enormous. It is precisely at this age when youthful dreams are born, but also when their role in the world is understood. In few words, idealism and reality converge.
A significant portion of the hope required to make the world a better place falls on the shoulders of Millennials. If it is during this phase that a young person begins to develop their professional path, then the notion of young people who want to undertake business projects, that will not only generate incomes for themselves, but that will also improve the world.
Even if the study focuses on their beliefs, it’s clear that these notions, together with opportunities, as the sociologist Jon Elster points out, actually define the course of individual decisions and, eventually, reality.Tagged: millennials, millennial generation, Agents of Change