Millennial Entrepreneurship: The Dream vs. The Reality

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    Millennial Entrepreneurship: The Dream vs. The Reality

    1. Shannon @ Financially Blonde

      March 16th, 2015 at 7:52 am

      While I am happy to be an entrepreneur in my 30s, I am actually very thankful that I had a traditional corporate background in my 20s. I learned so many lessons from my company and my co-workers during that time that has helped me grow my business today. Probably the greatest gift from my corporate background was the networking it afforded me. Many of my clients or new clients came from the networking I did while working in my traditional job. I understand the entrepreneurial spirit, but I also see the value of spending time working for someone else as well.

    2. Stefanie

      March 16th, 2015 at 7:57 am

      Good point Shannon. Having already established those connections and yourself as a professional is really valuable. Even more of an argument for starting with the side hustle.

    3. The Money Spot

      March 16th, 2015 at 8:11 am

      You’re post is very inspiring! Having dreams and having the power to execute it is two very, very different fields. Keep it up!

    4. Stefanie

      March 16th, 2015 at 8:27 am

      Absolutely. I think you need both to create success.

    5. Holly@ClubThrifty

      March 16th, 2015 at 8:21 am

      I didn’t really become business-minded until my very late 20’s, so kudos to you for thinking big early. All it takes is a few really good ideas for entrepreneurship to become a reality!

    6. Stefanie

      March 16th, 2015 at 8:28 am

      I have a few biz ideas that would take a little more upfront investment (not like the blog)- that’s where I really start to get nervous and risk averse.

    7. Elroy

      March 16th, 2015 at 9:52 am

      I enjoy my corporate gig. I even have an old pension. And while I’ve taken a small business (photography) and built it up into something we can both survive on, the corporate gig is for us.

    8. Stefanie

      March 16th, 2015 at 10:26 am

      Corporate gigs can be great. Like I said, I’ve sat on the sidelines and envied that lifestyle. I just find that I personally don’t operate well in that kind of structure :/

    9. Chelsea

      March 16th, 2015 at 4:04 pm

      I’m like you in the fact that I love to daydream, but actually executing can be another story.

      I guess at this point I’ve found a pretty sweet balance, I have a ‘day job’ freelance writing (which is incredible because of the location-based freedom & I wouldn’t trade it for the world), and I’ve got a side hustle where I’m slowly working on making one of my big dreams come true.

    10. Shannon @ The Heavy Purse

      March 16th, 2015 at 4:19 pm

      Entrepreneurship is something so many want and it really does boil down to dream versus reality, as you said. It’s much easier to dream than to sometimes put thoughts into actions. Where I see lots of people struggle, and not just millennials, is we have this notion that it should happen fast. Most successful businesses are not overnight successes. People tend to overlook the patience and financial foundation needed to give ideas time to blossom and grow too.

    11. Kayla @ Everything Finance

      March 16th, 2015 at 4:44 pm

      Sometimes I’ll think of really good business ideas or inventions, but I don’t always have the time or the want to work on all of them myself. I think to be successful you have to be passionate about your business and while of the ideas I get are good ones, they are not things I’m passionate about.

    12. Tonya@Budget and the Beach

      March 16th, 2015 at 5:20 pm

      It’s nice to see all that hard work paying off for you Stefanie! I do think there are probably more millennials than any other generation taking more risks and trying to create their own careers and career paths. It will be interesting to see what, if anything changes in future generations.

    13. diane @smartmoneysimplelife

      March 16th, 2015 at 5:48 pm

      I was barely into my 20s when my dad made the pronouncement that I’d never be happy working for someone else. He either knew me better than I knew myself (:-)) or this became a self-fulfilling prophecy. I never was happy working for others. Ever. Unfortunately, I always had stacks of *genius* ideas but never the courage to pursue them until I got to the point where I realised *not* pursuing them was the bigger risk. That realisation took 20 years to present itself! I’ve tried my hand at a number of things over the last few years, some have worked, some haven’t but I know I’m on the right path now and every day is a joy.

      I just wish the internet had been around when I finished uni… It is the key to getting those side hustles happening with a minimum of pain and risk.

    14. Melanie @ Dear Debt

      March 16th, 2015 at 9:14 pm

      I love following your journey and hearing your ideas, Stefanie! I never thought of myself as a business person or entrepreneur until I quit my job. Now, I’m always thinking of new ways to do things or new ideas. Now I just need time and money to do them all 🙂

    15. Stefanie

      March 20th, 2015 at 4:37 pm

      Time and money- there’s never enough! hah

    16. This Week’s Links « Timothy Siburg

      March 17th, 2015 at 9:32 am

      […] Stefanie shared some good thoughts in “Millennial Entrepreneurship: The Dream vs. The Reality.” […]

    17. Lila

      March 18th, 2015 at 12:28 am

      My problem is getting started…how do you find clients, vendors, how do you market yourself, how much capital do I need? It seems that every field is saturated so how do you stand out without going bankrupt? Do I need to get myself trademarked? Do I need to get insured? A lot of business books out there that I’ve read are more about inspiring you to get started but they don’t really talk about the details on what you need to do to get started and keep things going.

    18. Kayla

      March 19th, 2015 at 5:36 pm

      I am also a manic entrepreneur! Sometimes I give up just because the idea of drowning in a sea of other entrepreneurs my age seems to daunting. I’ve had some successful endeavors in the past, even my freelancing and blogging helped me launch my career to the next level. For every successful idea though, I’ve failed to start, succeed at, or be too non-passionate about 5 more. I hope to someday work for myself entirely, and it will probably be the result of many 1000-dollar ideas put together, rather than one one-million dollar idea. I think the reality is there, it’s just not easy to get to. 🙂

    19. Broke with Privilege

      April 15th, 2015 at 9:27 am

      […] that I can afford to take big risks – like pursuing theater, traveling the world, and starting my own business. If I fail miserably, I know there’ll always be a couch to crash […]

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    21. john kaKk

      May 2nd, 2015 at 7:50 am

      I got so many million dolar ideas and plans but one of the big problem is that I don’t have a financer , I am short of money and it is so hard here to get financer in kashmir. I tried do hard to approach any financer out side the india but still hunting for one

    22. Jamie

      May 3rd, 2017 at 1:17 am

      I feel like I’m in the same boat as many are here. I have a bunch of ideas in my mind, but every arena seems so saturated, so I get discouraged. I’m currently at a job that I don’t love, but am working on my side hustle. I know that when I give something my all, big things happen, and I know that I’m the only one responsible for stifling myself.

      It’s hard though, when I’m making (very little) money with my job job, to concentrate and give everything to my actual passion. Balance. I suck at balance, haha.

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