How are Millennials Making so much Money?— Millennial Monday
Age 3 we enter kindergarten (and for those in the isles, pre-school). Age 6 we enter school. Age 18 we enter university. Age 21 we get a jo-, wait. Age 21… we find ourselves?
This general assumption is a joke on how millennials are seen by today’s professionals in the business world. They are being ridiculed on their journey to job and income satisfaction because the general public believes they are “wasting time” till they get a “real job.”
But what does that even mean? A real job. Is that a job where you go to work from 9am-5pm and hopelessly work an 8-hour shift, before buzzing out, and wishing Tom, good luck on his children’s recital before ordering take-out and watching last night’s Scandal? Or is a real job working 15-hour shifts non-stop with no weekends, pausing 30 minutes in the whole day for lunch, dinner, and breakfast while being your own boss and managing a side business. Well, apologetically it’s the former, customer service Jeff is more respected than independent Ines with her business.
Ines is a millennial and runs a Twitch channel where she plays video games live for her viewers and nets approximately $150 a day + merchandise sales and donations received from her fans ($100,000.) Although to the baby boomer perspective Ines is not a traditional entrepreneur, she’s a gamer who wastes her time on a 35” portal to idiocracy. The problem is that older generations need to understand that the job landscape is evolving, revenue can be made in multiple areas not just corporate America. Along with Ines, is Arvind in India, he’s a 20-something year old and graduated with a master’s degree in computer engineering, he’s a virtual assistant for hire earning 10$/hour per client using his technical skills to develop bots which do data entry, schedule creation, and organization for his customers in the western world. Although to his fellow role models he is a failure, a mere desk jockey for white men and women. This negative connotation needs to change with more innovative jobs being created, undermining such talent only leads to a talent supply of morons where creativity is subdued, and obedience is rewarded.
Millennials today look to make an impact, enjoy what they do, and adore being appreciated. As a result, they choose career paths that revolve around these three key characteristics. Ines runs live charity shows where she is loved by her fans for helping the world while she plays her video games. Arvind is earning five times the average graduate salary for an Indian and is using that to develop educational infrastructure for his local school. Along with that he is doing what he loves and is receiving tremendously positive feedback from his clients. Millennials are independent thinkers, they have been brought up to think for themselves and do what’s right. That is why we see more and more become social influencers, social workers, activists, online personal assistants, freelancers, media developers, entertainers, etc. They found value where no one was looking, in reality, they exploited the most basic of economic principles. Taking inefficient social resources and producing productive output. They should not be criticized for it, but truthfully, thanked.