Millennials 2014: Entrepreneurship Study
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BuzzMG interviewed hundreds of Millennials from all over the country to gain insight into Generation Y's opinions of current entrepreneurial trends and fads. Read our report to learn more!
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Millennials 2014: Entrepreneurship Study
- 1. Millennials Study 2014 03.20.14 What Millennials Really Think About Entrepreneurship
- 2. Who was Involved? Buzz Marketing Group’s Millennials Study 2014 is based on qualitative and quantitative research conducted with more than 400 buzzSpotters® throughout the United States during the month of January, 2014.This report is available for download at www.buzzmg.com/reports. Composed based on data from 1.1.2014 – 1.22.2014 431 Participants 3,000 Panelists 64% Female 36% Male Survey fielded online Ages 18-35 18-22 21% 23-26 17% 27-31 31% 32-35 31% What Millennials Really Think About Entrepreneurship Millennials Study 2014
- 3. Location What Millennials Really Think About Entrepreneurship Millennials Study 2014 NY 16% CA 14% IL 9% TX 6% FL 4% PA 5% GA 6% Rest of USA 40%
- 4. Ethnicity What Millennials Really Think About Entrepreneurship Millennials Study 2014 White 60% Black 16% Asian American 8% Hispanic 12% Mixed 4%
- 5. Marital Status What Millennials Really Think About Entrepreneurship Millennials Study 2014 Single 25% DaPng 6% In a relaPonship 29% Married 40%
- 6. Education What Millennials Really Think About Entrepreneurship Millennials Study 2014 High school diploma 27% Associates Degree 16% Bachelors Degree 43% Masters Degree 12% Doctorate 2%
- 7. Employment What Millennials Really Think About Entrepreneurship Millennials Study 2014 Unemployed 3% Working part-‐Pme 13% Working full-‐ Pme 53% Self-‐ employed 7% A student 11% A full-‐Pme home maker 13%
- 8. Household Income What Millennials Really Think About Entrepreneurship Millennials Study 2014 Less than $8,000 $8,000 -‐ $33,000 $33,000-‐ $82,000 $82,000 -‐ $170,000 $170,000 -‐ $370,000 More than $370,000 I don't want to specify 11% 17% 39% 18% 2% 1% 12%
- 9. How would you classify the following trends: Future or Fad? What Millennials Really Think About Entrepreneurship Millennials Study 2014
- 10. Snapchat What Millennials Really Think About Entrepreneurship Millennials Study 2014 Future Fad 33% 67%
- 11. Bitcoin What Millennials Really Think About Entrepreneurship Millennials Study 2014 Future Fad 41% 59%
- 12. Crowdfunding What Millennials Really Think About Entrepreneurship Millennials Study 2014 Future Fad 84% 16%
- 13. Wearable Technology What Millennials Really Think About Entrepreneurship Millennials Study 2014 Future Fad 85% 15%
- 14. 3D Printing What Millennials Really Think About Entrepreneurship Millennials Study 2014 Future Fad 83% 17%
- 15. One-For-One Business Models What Millennials Really Think About Entrepreneurship Millennials Study 2014 Future Fad 76% 24%
- 16. Which product do you think will be a “breakout product” this year? What Millennials Really Think About Entrepreneurship Millennials Study 2014
- 17. What Millennials Really Think About Entrepreneurship Millennials Study 2014 #1 Wearable Technology #2 Mobile Applications
- 18. What Millennials Really Think About Entrepreneurship Millennials Study 2014 #3 Data Privacy #4 Cloud Computing
- 19. Which industry do you think will be a “breakout industry” this year? What Millennials Really Think About Entrepreneurship Millennials Study 2014
- 20. What Millennials Really Think About Entrepreneurship Millennials Study 2014 #1 Technology Devices #2 Private Social Media
- 21. What Millennials Really Think About Entrepreneurship Millennials Study 2014 #3 Data Privacy & Security #4 Crowdfunding & Crowdsourcing
- 22. Key Findings What Millennials Really Think About Entrepreneurship Millennials Study 2014 85% of Millennials believe that wearable technology is definitely a trend for the future and that it will be a breakout product this year 84% of Millennials believe that crowdfunding is the future of funding start-ups 83% of Millennials see 3D printing as the future of printing 76% of Millennials think that we will see more one-to-one business models in the future 59% of Millennials believe that bitcoin is just a fad and will not stand the test of time
- 23. Buzz Marketing Group 132 Kings Highway East Suite 202 Haddonfield, NJ 08033 856.433.8579 Fax: 856.520.8581 www.buzzmg.com Contact Us