Millennials as Entrepreneurs Part 3 of 10: Business Opportunities Galore!

Business opportunities are everywhere for us. With the internet opening up the whole world for commerce in the 90’s, many of us have just grown up with it as being there. Personally, I think I just ordered a few items offline before I made the jump. And man, when I did, it was so easy to keep doing.


I remember one of the first things I ordered was a movie poster for one of the Ace Ventura movies. It’s still somewhere, rolled up… collecting dust. When I ordered that, I was totally into whatever Jim Carrey was in. Heck, one of my first CD’s I ever bought was the soundtrack to Dumb and Dumber. So when I found out that I could order this poster, I sent in my money order to some random place and 3-4 weeks later I got my order.


Many of you will never know that pain. I don’t even think I could put up with it myself anymore.


The 21 Jump Street Epiphany

When I finally got to see this movie, it totally rocked me in how it portrays the difference in high school from when I went to what it’s like now.


When I went, there were definite cliques, yes. At most schools, jocks weren’t band kids or geeks. However, they were the popular ones. It was simple. (At my high school, they did intermingle a bit – but I write that up to class size and my class being a Gen X and Y hybrid.)


In a particular scene in the movie, however, it shows just how much that is changed. Ha, I felt Jenko’s pain. I mean, I recognized him as cool, but the kids didn’t. The kids in fact thought of him as an out of place dinosaur.


I realized it was a whole new world. It’s no longer cool to not be a geek about something. Even jocks are geeks about sports. Look at Andrew Luck! There are so many types of people in the Millennial culture. Because of just that, there are plenty so many business opportunities.



Mike Rowe and the Blue Collar Revival


If you think that all business opportunities have to be online, that’s because we’re in a digital age. However, one of the shows that I loved watching as I was going through college was Dirty Jobs starring Mike Rowe as the host. As I was watching the show, it occurred to me that a large portion of the people he shadowed were business owners.


Yes, they were all dirty jobs, but as the theme song says, someone has to do it.


Since the show, Mike has started a foundation called Mike Rowe Works where the main focus is to educate people in the need of trade workers. He continuously states that college shouldn’t be the destination for everyone. And to be honest, I don’t think it needs to be with all the types of people that are out there.


Currently, as it is, college is a one size fits all model. Sure, you have different majors, but everyone that goes through it is going to come out being ready for a white collar job. (It also takes creativity out of most students… but that’s for another post.)


If you’re passion and interests lie in the real world and/or you’re a little more of a tech immigrant than most Millennials, consider listening to Mike.


Tech is Our Friend

Obviously, most businesses right now are being started online. A good reason for this is because it gives you unlimited potential for customers. Another is that there is lower overhead compared to that of a Real Life Business.


There are many ways to do an online business. You can take advantage of companies that already exist and have a virtual store with eBay and Amazon. You can build your own website from scratch and sell virtual products. You can also make SaaS Products for individuals. Or heck, you can just run a site that points to places where people can buy things and get a finder’s fee (affiliate marketing).


Here’s the fun thing about all of those: you don’t need a degree and you can be yourself each and every day. In fact, it’s preferred (unless you’re a complete asshat!). Remember, there’s too many kinds of people out there not to be yourself. It takes too much energy to fake it!


There’s So Many Choices!


In the comments below, quickly let me know your thoughts on what kind of businesses you might be thinking of starting. Give me up to 10 possibilities. The more you list, the more you can eliminate for sure later! (Believe me, this is really important. You don’t want to be constantly thinking What If when you’re building your business!)
Also don’t forget that they don’t have to strictly be online! If you want to be an independent vet, author or speaker, say so!


In next week’s edition of the series, I’ll be diving deeper into Technology and how it has offered a distinct advantage for Millennials.


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