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8 Secrets for Entrepreneurial Millennials

By September 7, 2020January 31st, 2022One Comment

As left-brain skills are getting automated, right-brained, creative, free-spirited millennials are rising beyond the suffocated security of 9-5 jobs.

By Avelo Roy

8 Secrets for Entrepreneurial Millennials

The digital economy is truly democratising fame, wealth and education, which was majorly available to the privileged class in the past.

Today age, birth, caste does not determine who you become. The digital world is for the consistent hard worker who can smartly predict the waves of opportunities presented by data-hungry apps that allow you to build, create, express without discrimination (as long as it is legal and ethical).

Being born poor is not your fault, but if you die poor, then you have no one to blame. Many millennials are taking charge of their lives plucking opportunities out of thin air and moving out of the comfort zone fuelled by the hunger for wealth, recognition and the need to do something meaningful in life. Nothing wrong with that! It is far better than living at your parent’s expense and wasting time watching TV and complaining about government policies. Yes, that is another side of millennials.

I urge the ambitious, crazy, hungry, skilled millennials to take action NOW!

1) Be a Creator: Whether it is videos, blogs, recipes, products or services. The 1% who shape our world are not those who just consume but are those who create.

2) Learn to Communicate Better: Learn to write & speak better. If you can’t communicate, you will always struggle to get what you deserve, run the risk of paying too much, earning too little, and always feeling like others are bypassing you.

3) Be Ethical: In a world full of fake news and filtered insta-life portrayals, be a fresh breath of genuine, honest self. Question the status quo, stand up for your beliefs and opinions. Be bold, and it’s ok if people are polarised ‘for’ you and ‘against’ you. Better to be surrounded by those that accept your honest self than those who don’t.

4) Be Human: We are used to swiping and clicking for our needs. In the age of AI & automation, stand out of the crowd by being personal, kind, compassionate. Smile, offer sweet words of appreciation, hold the door open for the person after you. Learn to be human again if you want to be relevant in 2030, 2040 & beyond.

5) Be Rooted: Embrace your history, tradition and culture while respecting that of others. Be proud to practice your Indian inheritance of Yoga, meditation, Mahabharata, Gita, Ayurveda & Vedic Mathematics. Let that be your competitive advantage in this westernised world.

6) Be Flexible: It is the easiest thing to see your own point of view as the right one. But learn to respect the ‘other’ point of view even if you disagree. The ability to hold your view and an opposing view simultaneously, appreciating the pros and cons of both, allows you to decide, negotiate and create win-win situations.

7) Go Fast, Be Patient: Speed up your daily progress and goals. Push hard for the quarterly milestones, but be patient for the tangible outcomes to fructify, mature and ripen over time. That’s how the compounding effect works.

8) Good to Great: It’s the last mile that differentiates the good from the great. It is easy to start, hard accept the challenges and complete what you started. 98% will quit. 2% will succeed. Survival of the fittest. That’s how it works.

I have summarised my learnings in these 8 secrets that I have learned from my billionaire mentors, which helped me go from zero to a million by age 22, and which has also worked for 1800+ mentees of mine in India, US, Canada & UK.

Avelo Roy

Author Avelo Roy

Avelo Roy, MD, Kolkata Ventures (one of the largest startup incubators in East India) is a serial tech entrepreneur, investor, TEDx speaker & TV host, who started his first startup at the age of 19 around his patent pending technology while still studying as a computer engineer at the Illinois Institute of Technology. He scaled it to a multi-million dollar valuation by the age of 22.

More posts by Avelo Roy

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  • OneUp says:

    Pitching a business idea is often the most important moment in an entrepreneur’s professional life and for that reason, mastering the art of pitch is essential. Although the more you do it, the more you will master it, there are few tips you need to know on how to prepare it and rehearse it before delivering the idea pitch.

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