Tuesday, June 6, 2017


GETTING TO THE HEART OF WHO ARE THE MILLENIALS

I have a nephew who grew up with everything he needed, but never had the advantages of his rich friends.  He entered the state wide run BOCE program.  The first two years for him was basic mechanics and how things work.  The second two years was training as an airplane mechanic, with on the job experience under a licensed mechanic.  He graduates next week and already is working part time at Islip MacArthur  airport under a licensed mechanic.  He has saved his money, his grandfather who he adored and who taught him a lot about life, directed my sister to give each grandchild part of their tuition.  Between his money, and a small sum from both grandmothers and the parents, the one year he needs to complete for his licence at Suffolk County Community college is paid for.  Funny thing, while growing up his parents worked hard just to pay the mortgage and always have two new cars.  Now that he is grown his parents earn more than the $125,000 max in order to get free tuition.

 His father is amazing and works at least two jobs all of the time, one being a tattoo artist.  He did all three of mine.  He also sells his work on line, and a line of t-shirts.  Another nephew who runs his own computer consulting business built the web page for the tattoo business and also created the BV logo.  His wife with an MBA runs the business development side of the business.

But then I have others who were handed everything, have graduated the university, and they do not work.  Being a parent is an impossible job.  You want your kids to have the things you never had.  I'm okay with that.  But you also have to teach personal responsibility.   People thought mom was too hard on us.  She was not.  She understood as a parent you have to say no.  You asked for something and she would point her finger at here eye - conversation over.  She had a rule.  After you graduated high school you had two choices, go in the military or go away to college.  We all knew it and planned accordingly.  One brother out of high school had been working at Pizza Hut for years.  He got a job offer to go to Rome NY as an assistant manager.  He had a good job for his age, and moved out.

One brother mom gave a two year reprieve while he continued in his job as an electronics repairman. Once he felt confident he could open his own business, and had saved the money, he bought a new van for the business and moved to another state.  Without any college education he now works for an international company which sends him around the world to do electronics work.  He also owns his own limo service.

Mom understood tough love and how to balance it while enforcing it.  And we are all the better for it.
So the do nothing millennial is real, but we cannot assume they are all the same because many are working hard at getting job training and living on their own.  For the record if you are in college and working I have no problem with you  living at home.

THE THIRD MILLENNIAL

How we work has changed.  This change has existed since the beginning of time.  Those who want to work see the business model differently than we did.  They are computer savvy and see a new emerging model in their fellow millennials.  And for the record the people who owned my house before me were in their early 40's.  They did not have cable.  They had an internet service and only watched Netflix.

Some of this group are succeeding and some are failing.  We all know it is the end of humanity because they do not play golf.  I mock my friends who golf.  The dress code is so rigid to make it pretentious.  I tried it once and  was asked to leave because I did not have a shirt on.  I was glad to leave because I was miserable and just trying to make my friends happy.  For me golf is a bourgeois sport to make the nuvo rich feel important.  But if it relaxes you,  I say golf.  It is not for me to say who should and should not play.  So this complaint against the millennials is just stupid.

IN THE END

Things change.  We adapt.  The New York English I grew up with is dead.  They even now say poster board instead of oak tag.  I remember going to the book store at UTEP and asking for oak tag and they had no idea what I was talking about.   When I am in NY I will see in the eyes of the younger people they are confused by my language and then I will change it to Texas English, which does not always work.  It has been a challenge for me going in a deli because the young people do not understand the New York English I grew up with.  Over time I am adjusting my English.  They have no idea what a Kaiser roll is.  Now they are just rolls.

The millenials who are working and experimenting with new business models will soon enough be the leaders on business models.  The Harvard School of Business will have to catch up.  Change is good.

THE REAL PROBLEM IS

We older folk are intolerant of change.  Yea I agree those refusing to work the parents need to put them on the street.   But the rest need to be celebrated for gambling on change based on how they see the emerging business markets.

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