Millennials entrepreneurs aren't running a business just to earn money - when compared with previous generations of economic business owners, they're also focused on how they may really make a difference on the planet, a brand new survey suggests.
Polling 288 entrepreneurs from three generations whose companies have annual revenue of $1 million or more, the charitable organization fund Fidelity Charitable discovered that Millennials were more prone to volunteer and provide philanthropic support than Gen Xers and Baby Boomers. Actually, a complete 81% of Millennial entrepreneurs described giving as "an essential activity within their lives," when compared with 57% of Gen Xers and 48% of Boomers. Not just are Millennials more prone to give, but they're donating greater than two times just as much money their older counterparts.
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William D. Eggers and Paul Macmillan of Dowser write about the social entrepreneurs slowly and steadily dirsupting the world of philanthropy. According to Forbes, philanthropy disruptors are those that believe “no one company is so vital that it can’t be replaced and no single business model too perfect to upend.”