The Case For and Against Millennials as the Greatest Entrepreneurial Generation (Infographic)

A look at the factors influencing the generation born between 1981 and 1997.

learn more about Catherine Clifford

By Catherine Clifford • Mar 27, 2015


Opinions expressed by Entrepreneur contributors are their own.

Will millennials prove themselves the greatest entrepreneurial generation, or the lost entrepreneurial generation? That is the question.

The generation born between 1981 and 1997 has grown up on the Internet and had access to entrepreneurship courses in college like no generation before, according to entrepreneurship organization the Kauffman Foundation in its 2015 State of Entrepreneurship Study.

At the same time, they also have a dubious amount of student loan debt to pay off, and many millennials struggled to find a job right out of college. Work experience and money in the bank are huge benefits for starting a business.

Related: Millennial Misconceptions: How You're Totally Wrong About This Generation

Have a look at the infographic, embedded below, summarizing why millennials are ideally suited to jump start declining rates of entrepreneurship in the U.S. and what's holding them back.

Click to Enlarge

The Case For and Against Millennials as the Greatest Entrepreneurial Generation (Infographic)

Related: This Is How Millennials Want to Be Managed

Catherine Clifford

Senior Entrepreneurship Writer at CNBC

Catherine Clifford is senior entrepreneurship writer at CNBC. She was formerly a senior writer at, the small business reporter at CNNMoney and an assistant in the New York bureau for CNN. Clifford attended Columbia University where she earned a bachelor's degree. She lives in Brooklyn, N.Y. You can follow her on Twitter at @CatClifford.

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.

Starting a Business

How To Raise Capital For A New Business Idea

These practical methods and tools are available to entrepreneurs who want to raise money to create their own new businesses.

Business News

The Scam Artist Who Robbed Backstreet Boys and NSYNC Blind. 'Some of the Guys Couldn't Pay Their Car Payment.'

In the 1990s, Lou Pearlman made millions creating the Backstreet Boys and NSYNC. It was all a giant Ponzi scheme.

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.