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Business Commons

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Entrepreneurial and Small Business Operations

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Walden University

2019

Business Owner

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Full-Text Articles in Business

Millennial Business Owners' Strategies To Survive In Business, Andrietta Bryant-Minter Jan 2019

Millennial Business Owners' Strategies To Survive In Business, Andrietta Bryant-Minter

Walden Dissertations and Doctoral Studies

Individuals in the millennial generation, born from 1980 to 1996, have many entrepreneurial opportunities; however, many people in the millennial generation lack the skills, motivation, and business strategies to survive in business. Because of the influx of competition, lack of experience, and lack of business-world strategies, entrepreneurs can miss opportunities and fail within the first few years of business operations. Grounded in the systems theory, the purpose of this multiple case study was to explore the strategies that business owners in the millennial generation used to survive in business longer than 6 years. Participants consisted of 5 business owners in …