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The following article was published in our article directory on April 23, 2016.
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Article Category: Business Management
Author Name: Dr.Norman Mike M
Most of today�s workforce consists of the most ridiculed generation of all time, the generation Y. Millennials, as they are called, are branded as one of the worst generation that have ever existed so far. Being the products of Baby Boomers, members who are part of this generation are often compared to the more liked generation that most of their parents are part of. A lot of people base their hatred to the apparent effect or more accurately, the lack thereof of a millennial�s purchasing power. In simple terms, millennials are broke and society thinks they do not contribute anything to the world�s economy.
Though multiple sources including scientific researches support this assertion, the more active critics of this particular generation focused on what they have perceived as character flaws that millennials possess. Generation Y have been labeled as lazy, self-centered to the point of being narcissistic, overly fixated on achieving fame and have overly exaggerated opinions of their skills. In the context of work, they are deemed as hard to employ. They are overly picky in terms of looking for companies to apply to because they want to search for those that are congruent to their existing values, they require instant compensation and recognition for their achievements and lastly, prioritizes job flexibility in work environments. Such a list that many employers consider tedious coupled with the current state of the world�s economy dooms generation Y to low wages with slim chances for advancement or worst, miserable unemployment.
What a lot of people, especially the critics of this generation fail to see is that what society have perceived as numerous weaknesses can become the strength of this generation. Characteristics, especially those that are work specific, can be the cornerstone of millennials to establish home industry income. This kind of practice is starting to have a influence in various sectors of society, from professionals to minimum wage earners; this kind of alternate income generating practice can be of use to numerous people indiscriminate of age, gender, race or socioeconomic status.
Working at home is not a new concept, many experts have preached about the advantages of having an alternate source of income. The novel concept behind this is to make it one�s primary source of income and benefit from the many advantages linked with this kind of action. First, it is the kind of work that gives priority to what generation Y consider important. Second, it has a high rate of return of investment. Lastly, the characteristics of the work itself are highly suited for the millennial lifestyle.
Home industry income is a well-suited kind of work for millennials because it gives them more freedom and has more flexibility than conventional jobs. Because you are your own boss, you have complete control of your schedule as well as having the autonomy to do whatever you would like to do. You will also have complete control of your business transactions, in doing so you have the ability to create corporate policies and practices that are aligned with your values. Having your own business also means that you do not have to wait for that monthly paycheck ever again and your efforts will have more significance when you are managing your own business.
Another benefit of working at home is the huge salary. With minimal capital needed to manage a business nowadays, the absence of any physical stores or expensive storage places as well as any need for employees and in some cases products themselves extremely lowers the costs of operating a company. This is a perfect feature for millennials under crushing debts who does not have any excess to be used as capital in any venture. Lastly, this kind of work is suited to fast paced, adventure seeking, technology proficient and sociable lifestyle. This kind of work will free you from office cubicles and allow you to work unconstrained within the limitations that a traditional office space requires. These practices will make working an enjoyable affair and the liberties that this kind of work offers will truly make you live to the fullest of your abilities.
For additional information, get a copy of the new book by Matt Lloyd entitled Limitless: How to radically transform your financial life through creating your own online business.
Keywords: Home Industry income, establish home industry income, working from home,
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