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Generation Y

There’s a blog post over on BNET that makes my blood boil on so many levels that it’s tough to know how to respond, so I’ll just dive right in. In the post, entitled, Why GenY Entrepreneurship Will Be a Disaster, blogger Steve Tobak gives us ten reasons why “Generation Y's predilection for entrepreneurship will be bad for their careers, bad for corporate America, and bad for the nation.” Wow. While I won't address all ten of his specious arguments, here are the ones that make me particularly apoplectic:

“The question of necessity versus choice is actually an important one. If it’s necessity - bad economy, no capital, no jobs - then where’s all the capital going to come from to fund all these start-ups? And who’s got the cash to buy all the new products and services all these new entrepreneurs will be creating?”

To read the full, original article click on this link: Will GenY Entrepreneurship Be a Disaster? | Inc.com