Millennials Are Snubbing the Corporate World for Entrepreneurship (Infographic)

The millennial generation is looking to skip a traditional career path to create their own.

learn more about Andrea Huspeni

By Andrea Huspeni • Sep 23, 2013

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.

Related Topics

Editor's Pick

Have More Responsibilities at Work, But No Pay Bump? Use This Script to Get the Raise You Deserve.
Black and Asian Founders Face Opposition at All Levels — Here's Why That Has to Change
Business News

Frontier Airlines Just Announced Its All-You-Can-Fly Summer Pass for $399. What's the Catch?

As travel begins to pick up, the airline hopes unlimited travel will jumpstart its business.

Thought Leaders

5 Small Daily Habits Self-Made Millionaires Use to Grow Their Wealth

We've all seen what self-made millionaires look like on TV, but it's a lot more subtle than that. Brian Tracy researched what small daily habits these successful entrepreneurs adopted on their journey from rags to riches.

Leadership

Here's Why You Should Steal Someone Else's Leadership Style

To become the best leader you can be, you must start by being a version of the leaders you most admire.

Starting a Business

Free Event | February 9: Solopreneur Office Hours with Terry Rice

Running a one person business is challenging, but we're here to help you. Tune in as our expert, Terry Rice, answers your most pressing questions.

Business News

Mark Cuban's Grocery Store Hack Will Help You Score Cheaper Produce

The billionaire talked about his early days in Dallas when he was strapped for cash.