Generation-Y Most Likely To Launch Start-Ups

The director of the Center for Entrepreneurship at Belmont University, Jeff Cornwall said, "Generation Y is the most entrepreneurial generation ever. Parents raised their children to be independent. This generation feels a general sense of distrust for large organizations and government."

According to the 2012 Kauffman Foundation report, the largest entrepreneurial foundation in the United States, about 29% of entrepreneurs are between the ages of 20-34. Also, roughly 160,000 start-ups a month were led by Generation-Yers in the year 2011.

"The best way to become a successful entrepreneur is to find ways to expose yourself to the lifestyle before you do it. Intern or apprentice at a small start-up," said Nick Seguin, the foundation’s manager.

Cromwell shared very similar advice: "Find a mentor, someone with experience to learn from."

James Gilbert | Elite.