The Next Generation
"W hen the rate of change outside exceeds the rate of change inside, the end is in sight."
-- Jack Welch, chairman and CEO, General Electric* * *
The MTV generation knows what it likes (see [Article link]), and one thing it apparently likes is the idea of being your own boss. In a recent survey conducted by the Center for Entrepreneurial Leadership, in Kansas City, Mo., 69% of high school students expressed an interest in starting their own business. Although only 18% report that money would be their principal motivation, about two-thirds of them believe that money is the principal reason other people launch companies. That's hardly a surprise when you consider the impressions of business life conveyed to the public by the general press and the entertainment industry. Evidently, this is also a generation that knows what it doesn't know: 86% rate themselves as very poor to fair when it comes to the business and entrepreneurial know-how required to launch a company.* * *