The millennial generation is living in what one could call a paradox as it relates to entrepreneurship. On one hand, the millennials could be the new great generation. They are the most educated cohort in the history of the United States, they have broad exposure to entrepreneurship in higher education, and popular culture is filled with stories of their entrepreneurial successes, from the kids just getting started to millennial uber-entrepreneurs like Facebook’s Mark Zuckerberg. On the other hand, millennials could be the new lost generation. They are heavily saddled with student debt, weak career prospects, and for all this expanded entrepreneurship exposure, most measures of entrepreneurship among younger workers are stagnant to falling.
