As entrepreneurship continues to grow amongst millennials, recent studies have found that the reason for this career decision has changed when compared to those from prior generations. Those 50 and older stated that being self-employed was a major reason for their decision to be entrepreneurs, while this reason was seen as a motivator on a significantly smaller scale amongst millennials. There are also a number of other factors that differed between millennials and people 50 years of age or older, including a higher desire for visibility and a need to positively affect their communities with the younger age group. Despite the fact that factors such as autonomy and finance waiver considerably between age groups, many professional investors believe that a few traits, including persistence, dedication, and transparency, are the keys for a successful run in the business world. Check out Inspirery to see more.
Persistence is widely considered to be the most important trait to have amongst professional investors being that the ability to navigate pitfalls and roadblocks is imperative for long-term financial success. Dedication is also very high on the totem pole, being that many entrepreneurs are seeking a solution for a personal issue that they have been affected by. Failure is considered one of the key attributes connected with successful entrepreneurs around the world, being that through failure, an entrepreneur is allowed to learn things that he would otherwise not be privy to. While entrepreneurs constantly attempt to avoid failure, there are also many advantages, such as gaining a true understanding of the effectiveness of your product.
Todd Lubar is the President of TDL Global Ventures and has over 20 years of experience in the world of real estate investment. Throughout his career, Todd Lubar has held several significant positions and has been considered amongst the top 25 mortgage originators in the United States. As an entrepreneur, Mr. Lubar’s career has led him into several industries, including real estate, entertainment, mortgage banking, as well as construction. Mr. Lubar decided to found TDL Global ventures after spending 20 years working in finance, deciding that Todd Lubar wanted to put himself in the position to help others regarding financial relief.