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The following article was published in our article directory on December 19, 2016.
Learn more about SpinDistribute Article Distribution System.
Article Category: Business
Author Name: Theodore Henderson
Baby boomers becoming entrepreneurs are slowly emerging in the current marketplace dominated by millennials. Starting capital is not much of a problem for them, but their attitude, skills and knowledge will be put to test. This article will show several factors that contribute to baby boomer success over the millennials in entrepreneurship.
Optimism against Skepticism
Baby boomers exhibit optimism in business, whereas millennials exhibit skepticism. Oftentimes, the baby boomer�s optimism is his drive to engage in different business ventures and learn from his mistakes as he proceeds.
Growth against Enjoyment
The older workers in the workplace are more interested in personal growth. Millennials, on the other hand, are more interested in enjoyment. Social circumstances play a big role in forming their dispositions towards life and profession.
Questioning Every Assumption
Baby boomers love to question everything, even the assumptions considered as truths. Thus, they unravel more business pitfalls and are more careful when making crucial business decisions.
Trusting No One
Trusting select individuals is a true businessman�s attitude that ensures his survival in the market. This gives a significant advantage to baby boomers against the unwary millennials who easily get swayed by seemingly appealing business opportunities.
Team-oriented
These older workers in the workplace are also team-oriented and love to discuss with their most trusted partners and individuals. Millennials, on the other hand, see peers as competition. This is partly due to the individualistic nature of millennials reflecting in their attitudes towards business.
Crisis Aversion
Baby boomers are more composed and tactful when handling business crises. They see no room for panic in making urgent business decision.
Ethics
Older workers in the workplace are more values-oriented than millennials, and this, in part, is due to the generational difference in child rearing. Thus, they prefer to treat employees as partners rather than workers. This can have a positive impact on business productivity.
The Life of Work
Working for a prestigious title or a coveted office is the ultimate career goal of every baby boomer. As such, they work harder than anyone and devote their lives to achieve success.
Better work ethic
Baby boomers get the work done as soon as possible, and relaxing is an after-work activity for them. They had been trained to value their work unlike any other, which makes them savvy professionals.
Exploring opportunities
Baby boomers becoming entrepreneurs also possess the �buy now, pay later� attitude. Normally, this is frowned upon in the business world, but this attitude helps seek out potential business and investment opportunities and explore the market.
Work ethic above skills
Millennials often brag their skills as the root of their success. Baby boomers, on the other hand, place work ethic as more instrumental than skills in achieving success. They say that skills can be improved, but work ethic is excellence performed habitually.
Earning through Merits
Baby boomers are also meritocratic in nature. They want to earn things the hard way and are not bound by self-entitlement. Millennials, on the other hand, feel this need for personal entitlement, which hinders their productivity at work.
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