Tag Archives: college

Has social made gen. Y (including myself) lazy?

Hundreds of emails come across my desk each day. On a good day I read, I mean actually read, 5. Those 5 come from people I deem extra important or contain a subject line that extraordinarily excites me for some reason or another. What of the other 95 you ask? I skim them. I briefly read them before filing them away into some miscellaneous Outlook folder or deleting them forever. Frankly, I don’t have time to completely read and / or respond to every email that I receive each day, that being said, I don’t want to. Does that make me lazy? Because I don’t want to spend 8 hours a day sorting through pointless emails? No. Rather, myself – and i argue, gen. Y as a whole is/am efficient. Why waste our time reading countless emails that contain an unearthly amount of unnecessary information? Maybe it’s growing up with internet, smartphone, and social media at our fingertips that has conditioned us to be lazy as many gen. Xers see it (efficient in my eyes). Why would I spend 10 minutes reading an entire article in the New York Times when I could follow their columnist on Twitter and get the 3 major points in 30 seconds? If I’m interested / want to learn more, I’ll click the attached link and read the full article. Social Media has completely revolutionized the way we take in information, I no longer need to browse Fox News, CNBC, and various blogs to get my morning fix (insert CNN and MSNBC if you lean to the left). Instead, I can follow The Factor and Jim Cramer on Twitter and get the exact same information, only condensed and delivered to my smartphone with the click of a button. However, the laziness / efficiency doesn’t stop there. I’m an avid reader – not books (they take too much time) but I do frequent certain websites – Mashable, Inc., and Entrepreneur to be specific. Each day I read roughly 30 articles. That takes me 20 minutes. First of all – if the title doesn’t have some sort of number in it i.e. “5 Ways Really Smart People Better Themselves”  I don’t read it. Articles like the afore mentioned are the easiest for me to breeze through and pull the important points. I can pull up that article, read the 5 bullet points, and in 20 seconds I’ve comprehended the same amount, if not more than the reader who spent 15 minutes reading through all the nonsense just to get to those same 5 points. I’ve been asked why I do this by several people, most of them much older than I, as I assume the equate this with not “taking the time to stop and smell the roses”. I give them the same answer every time. I skim through articles, stow away various tidbits of information I find useful and then formulate my own ideas rather than those outlined specifically in the articles at a later date. Since I only spend 20 minutes a day reading and not 2 hours, I have an extra 100 minutes to stop and smell the roses.

Follow me on Twitter @brendanbrandt

P.S. I wrote this article in 15 minutes while listening to a video by McKinsey’s David Edelman.

The ideology of a college startup

In the rapidly evolving world of micro blogs, social media, and html5 the college startup has become increasingly common. While many economists advise against starting a business in a recession and financiers are reluctant to provide small business loans, a new breed of entrepreneur is emerging. With minimal expenses, little responsibility, and plenty of free time, intrepid college students are going into business for themselves. In theory, college provides the perfect climate for launching a new business, but what are the motivating factors that drive students to become more than just that?

 

When launching my first business at 19, it boiled down to three things.

 

Boredom- Sure I took classes on everything from fine arts to ethnic conflict, stayed involved in campus activities, and made time for friends, yet I somehow remained dissatisfied. For many young entrepreneurs like myself, launching a business is an opportunity to channel personal talents in ways that academics cannot.

 

Fear- I have always been somewhat of a news junkie but even students who remain completely uninterested find it impossible to remain uninformed. Between the classes, flyers, and dorm room chatter students are immersed in a world of knowledge. While for many this results in a spot on the dean’s list, for me it translated into fear. Sure I was intelligent enough, got good grades, and had a respectable internship, but constantly hearing about a turbulent job market scared me. Was I really going to be able to land a decent job upon my graduation? Starting my own business seemed like a win – win, either my business would succeed and I would be financially secure entering “the real world” or  the endeavor would fail and I would walk away with an improved resume. Regardless of the outcome I would be better off than I started.

 

Opportunity – College is an incubator for creativity. Of course there are countless hours spent studying, but free time is plentiful. This, coupled with bountiful campus resources; mentors, technology, and most importantly other students, creates an ideal environment for young entrepreneurs. While both are potentially available in countless other scenarios outside of college campuses, I found the collegiate environment to be one of a kind, a sort of all in one think tank, test market, and mentorship program that provided everything necessary for me to launch a successful business.

 

So what really motivates young entrepreneurs? Are they, like me, motivated by fear, boredom, and opportunity? Or is there another force driving them to succeed outside of the classroom?