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Disturbing: "The Millennials"
Posted: 9:02 am
May 26th, 2008
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IT Business

The other day I wrote about Zappos.com giving “$1K offer to quit” to someone that worked there for a week to test their loyalty to the company. Last night, I watched a full 60 minutes segment on the “Millennials” and frankly I found the whole piece very disturbing. I also found it far-fetched, nothing like the college students I interact with. One particularly bothersome excerpt:

“It is no longer a problem to have four jobs on your resume during the past year.”

“I can go down the street and they will treat me better and probably pay me more money.”

The generation of instant gratification is here. But man does it have a rude awakening ahead of it. First, I always like to look at who the bitch is (see Vlad vs. Microsoft) and who needs who more. In the coming superstorm of elitist entitled entry level employees, how much of their roles will be pushed towards automation and third world markets where people would love a job?

Second, the expectation that the grass is greener on the other side is in a direct conflict with the entrepreneurs sense of investment. Let us for the moment assume that the millennials are more technically savvy and demand a high starting wage. Let us also assume they work a job in the technology service arena, where the retraining is all but required every two years. Who is paying for the training?  That’s right, I am. And guess who gets the training, who gets the conference passes, etc? The people who have my best interest in heart, not just their own.

If you think you can only think about yourself and sustain your skills for the salary you wish, you need to show both loyalty and sacrifice. Either we’re both investing in each other or the exploitation is the name of the game.

“I have been told I am special, why should I sacrifice for the company and give it my all? I don’t want to wait for it, I want it now.”

Fantastic thinking. McDonalds commercial, right? Well, prepare to work there.

During 90’s McDonalds ran tons of commercials about getting what you want, NOW! And some apparently made this a chosen lifestyle.

The problem with that is that they likely also saved exactly $0 if not dug deep in debt. Guess what happens with your salary bargaining power, ability to switch employers, relocate, train for the new role or take a new contract when you’re up to your eyeballs in your instant gratification bills?

It doesn’t work like that. You are not special. You are not smarter.

You’re gullible. The business world does not tolerate quitters and slackers, it does not reward the path of least resistance, it does not embrace the Hakuna Matata you saw in the cartoons.

5 Comments

Dan McCoy |

Nice. I am huge Dave Ramsey fan. Dave says “live now like nobody else, so when you are older you can live like nobody else”. You got a bunch of spoiled brats want to live like they are rich. Spending massive of amounts of money (they don’t have) on credit cards. Idiots! You can either let compound interest work for you or against you.

Where is the work ethic. My daddy taught me to work HARD and he did it by example. Now I prefer to work HARD ON my business… not in it. What a radical transition. Like Vlad said in previous article… we have to “sell people on the dream and the benefits that vision delivers, to make everyone involved fulfilled in their take of bringing that vision to life so they give it their all to make it happen”!

And then we business owners have to try to weed themn out before they come work for us.



Steve Mahler |

Yes, and they are Unigue - just like everyone else…..



David Benet |

This train of thought works well in the current US economic doldrums.

However, the Millenials are demanding and getting what they want now in Australia where we are in a very tight labour market.

Business owners here wish they could smack these little snivelling brats upside the head and bring them out of their fantasy world. Instead they live in fear of all but the most worthless of staff leaving due to the cost and effort in replacing them.



Rodger |

Hey Vlad - I saw the same 60 minutes bit. I have Millennials on my staff and they are the hardest and most consciences young workers I’ve ever had. But I also know several that are just as 60 minutes described. Just like the widening income gap between the upper and middle classes, with each new generation there is a widening “work-ethic” gap.



HandyAndy |

Welcome to the new world order.

I want it now is too slow, why do I have to ask for it, you should know I want it ahead of time :>)

Work ethic is a distant fond memory for those over 30 and an old wives tale for anyone younger



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