Take a look at Mark Zuckerberg. Already a multimilionaire big boss in his 20s.
According to recent social commentaries, here in the Philippines, more and more youngsters (aged 18-30) are taking on entrepreneurship over employment. Many economists also argue that this is one of the reasons why our economy improved a lot for the past few months. See, when these kids grow up to be in their early to late thirties, if they keep improving on their businesses, then they’d be business moguls by then. And perhaps, multimillionaires by 40.
More and more of these kids take on their passions (art, music, cooking, etc.) seriously and they already know how to make money out of them. You might have even heard of a few bloggers who are making six-digit incomes by just writing about their experiences and maintaining a healthy following.
On the other hand, many managerial positions now go to the younger ones as well, and if you notice, even job opening announcements put an age limit of 25-30 years old only. This is a huge shift in the entire working world since the subordinates are often the older ones. This might cause a little confusion in the young executive’s mind.
When I was working for a Montessori school a few years ago, I had a “junior assistant” who cleaned my office everyday, asked me what I want for lunch, and even carry my stuff if I brought a lot of supplies to school. It felt really awkward having to ask her these, because she’s not the “kasambahay” type, rather, she’s a college graduate and she’s at least 10 years older than me. Good thing she offered several times, anyway.
What does all this “kids taking over the world” mean? It means that the market is putting a huge trust on the young ones and therefore, we must step up in terms of building their foundations. I believe that more and more colleges should strengthen the basics here. We’re talking about the English 101s and the Algebra 1s. I also encourage college kids to expand their horizons and take on clubs that are of their interest while they’re still in school. This will open up their world to a bigger network, one that they can use post-graduation, and one that can give them opportunities to beef up their resumes even if they are only fresh grads.
Lastly, I encourage the youngsters to always, always, be forward-thinking. Think about your future. When you realize that you are earning a little bit more than you intended to—or maybe more than your peers make—make way for small investments and most of all, save! You can start investing on jewelry, maybe start an online business on the side, or open an account in a cooperative.
So kids, good luck and take care of our world.