More than anything, I think this is about all the money in the baby boom generation--gen y's parents. It isn't so much that most of our peers are deciding between
a) startup
b) 'real' job
but that there's another obvious option:
c) wait around for something better (possibly doing zilch in the meantime)
If mom and dad's basement is available indefinitely and you have no family obligations (wife, kids), there may not be any pressure to do much of anything. Personally, I can't imagine not having some kind of small business, but I think those of us who are actively entreprenurial are vastly outnumbered by those who actively mooch.
As a parent of young kids, this was the most terrifying part of the article, if this trend continues. You mean my kids will still be living in my house after college, and I'll be expected to go to job interviews and negotiations with them?
a) startup
b) 'real' job
but that there's another obvious option:
c) wait around for something better (possibly doing zilch in the meantime)
If mom and dad's basement is available indefinitely and you have no family obligations (wife, kids), there may not be any pressure to do much of anything. Personally, I can't imagine not having some kind of small business, but I think those of us who are actively entreprenurial are vastly outnumbered by those who actively mooch.