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Top of Mind: September 7, 2017
September 10th, 2017
by Bill Boyajian

Here Comes Generation Z

An interesting phenomenon is occurring that will most certainly create more diversity in the workforce. Generation Z graduates are about to enter the workforce, so for Baby Boomers and Gen Xers who are still trying to understand the Millennial Generation, prepare yourself for the next wave of newcomers.

Generation Zers were born between 1995 and 2012. They are the newest employees and consumers to enter the mainstream. With Baby Boomers living longer and working longer, soon there will four different generations in the workforce, each with their own specific views about work, life balance, success, and what it takes to run a business effectively.

Whereas Millennials are all about flexibility, their own self-worth, and entitlement that often gets in the way of reality, Generation Zers are independent, competitive, and highly motivated not to miss out on anything. Every generation is a product of the times in which they grow up, and the circumstances that construct their own unique mindset about life and work and the future.

So with four distinct generations with perspectives that differ significantly, we are all in store for some interesting times, and some interesting challenges going forward. The key to success will be our ability to understand and cope with such divergent views and to learn to get along despite our differences.

 

Here are a few Business & Life Tips to think about…

Business Tips:

  • If you have an employee (or a boss, for that matter) who seems rigidly opposed to your idea, look for ways to enlarge his or her view.
  • For a team to display synergy in everything from athletics to business, there isn’t an absence of tension, but a harmonizing of it.
  • Look for trends. Catch waves early. Project where things will be, not where they currently are. Think future before it happens.

 Life Tips:

  • Self-confidence produces contentment. If you trust yourself, try to create in you the kind of person you can be happy with for life.
  • If you want to attract people to your way of thinking, say and do what you believe. In other words, be authentic.
  • Failure is success if we learn from it. Failure often means you are pushing the envelope to do something great. Don’t play it safe.


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–Charles Denaburg,
Managing Partner,
Levy’s Fine Jewelry
Birmingham, AL

"Our family needed some guidance on business transition and succession planning. We asked Bill Boyajian to help us because we knew we could trust him to tell us what we needed to hear. Bill became a valuable resource for our company and our entire family. He has the ability to meet each of us where we’re at and it has served us very well."

–Ceylon Leitzel
Leitzel Fine Jewelry
Hershey & Myerstown, PA

“We needed a plan to transition our business to a non-family member and we asked Bill Boyajian to help us. His experience in the area has really paid off, but we didn’t expect the added value of putting us together with a financial planner who helped organize our retirement needs. We now have the fundamentals to transition our business successfully, and we have Bill to thank for it.”

–Ernie & Debbie Cummings
Kizer-Cummings Jewelers
Lawrence, KS