Get All Access for $5/mo

Millennials Are Snubbing the Corporate World for Entrepreneurship (Infographic) The millennial generation is looking to skip a traditional career path to create their own.

By Andrea Huspeni

Opinions expressed by Entrepreneur contributors are their own.

Unlike previous generations, for many millennials climbing the corporate ladders isn't a goal they are striving to attain. Indeed, 60 percent are turning their backs on the traditional career path and instead, consider themselves entrepreneurs, with ideas, capital and plans for startup endeavors, according to for-profit Rasmussen College.

Of those still at a "regular" job, 71 percent are pining to quit and work for themselves and 60 percent stated they will leave within the next two years.

While the motivations for branching out into the world of entrepreneurship run the gamut, the No. 1 reason is freedom, followed by ability to choose projects and unlimited income potential.

Related: Looking to Reach Millennials? Be Where the Action Is

Want to know more tidbits about the millennial generation and what tools and resources they are using to achieve their dreams? Check out the infographic below presented by Rasmussen College and designed by creative agency Column Five.

Click to Enlarge (+)

Economic Envy

Andrea Huspeni

Founder of This Dog's Life

Andrea Huspeni is the former special projects director at Entrepreneur.com and the founder of This Dog's Life.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Side Hustle

The Side Hustle He Started in His College Apartment Turned Into a $70,000-a-Month Income Stream — Then Earned Nearly $2 Million Last Year

Kyle Morrand and his college roommates loved playing retro video games — and the pastime would help launch his career.

Growing a Business

How Visionary Leaders Transform Curiosity Into Groundbreaking Ideas

Lee Brian Schrager, founder of the South Beach Wine & Food Festival, discusses the spark that launched FoodieCon, his best practices for running popular food events, and why all business owners need to adapt to social media trends.

Business News

Homeowners in These 10 States Pay the Most in 'Hidden' Upkeep Costs

Hidden home costs pile on top of mortgage payments.

Data & Recovery

Get $60 off This Portable VPN Travel Router

Why keep paying for a VPN service when you can have a tiny, lightweight piece of hardware that can provide you with a lifetime of maximum VPN protection?

Money & Finance

Avoid These 10 Mistakes Entrepreneurs Make with Money

Despite the challenging statistic that only 5% of startups survive beyond five years, common financial pitfalls often contribute to their failure. Through personal observation, I've identified the prevalent financial mistakes made by entrepreneurs.

Growing a Business

5 Books to Help You Motivate, Unify and Build Perspective

In a post-Covid world, check out these must-read books to help build a more resilient organization, create a modern work culture and maintain a powerful growth mindset.