The positives of traditional entrepreneurship for millennials are a maximum amount of creativity and innovation right from the start. With this freedom also come increased risks of building a business that actually works.
Entrepreneurship through acquisition can provide a quick and less risky path to "professional autonomy" but also require significant immediate upfront capital.
Craig concludes that; "getting the capital to buy an existing business could be challenging for most millennials, who generally lack the financial safety net necessary for such a transaction. Likewise, with so many unique startups gaining recognition in the last few years, coming up with a pitchable concept for a new company could be equally difficult."
Read William Craig's entire post on Entrepreneur.com HERE.
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