This economic downturn has given me an excuse to rant a little on the next generation. Of course there are exceptions to every generalization… but I think most mid to late working age folks would agree that the millenial generation (the “me” generation) has a few shortcomings which the rest of us were trying to get accustomed to.
Millenials are often described as super-confident; carrying a sense of entitlement about them. They demand rigorous structure, frequent positive feedback, and believe themselves to be truly unique and special (talk about high maintenance). Expecting to land a leadership job with meaningful work and a career track when just out of college weren’t uncommon. In recent years, I noticed that some of these characteristics were rubbing off on the rest of us, myself included.
There’s nothing like a healthy recession to curb that sense of entitlement and serve to remind that yes, indeed, you have to work hard in order to meet your goals.
Hyper-stagflation, future real estate crises, and other meltdowns notwithstanding, I trust that we will all (re)learn a little humility as we struggle through this downturn.
Posted by moneynuggets 