Tag Archives: Maureen Henderson

Move Over, Millennials: Why Twentysomethings Should Fear Teens

By J. Maureen Henderson, Contributor

Forget about generational spats with Boomer bosses and trying to break free from overinvested parents, the cohort Millennials really need to worry about is Generation Z – the oldest of whom are college freshmen and the youngest, just exiting the womb. They’re young, they’re digital natives and by the time they graduate from college, the economy will likely be back on its feet. Here’s what you need to know about the next newsworthy demographic: …read more

Source: FULL ARTICLE at Forbes Latest

Degrees In Big Data: Fad Or Fast Track To Career Success?

By J. Maureen Henderson, Contributor

As tuition costs continue to climb and post-graduation employment remains stagnant, canny would-be college students turn an eye to evaluating which degree programs will provide the best return on their educational investment in the form of a solid shot at landing a secure position after picking up their diploma. Increasingly, equally canny colleges are capitalizing on this desire by customizing their offerings to what the labor market is currently seeking. The latest trend? Advanced degrees in the much-talked-about “big data,” which equip graduates to distill huge data sets into valuable B2B or B2C insights on behalf of organizations. …read more

Source: FULL ARTICLE at Forbes Latest

If You're Paying For PR Help, You're Wasting Your Money

By J. Maureen Henderson, Contributor

Recently, I sat down with a young startup founder whose company was aiming at the Millennial market. One of the questions he had was about whether or not he should be hiring a PR pro to get his company some early media coverage. I convinced him to keep his company’s limited cash and instead think about what he was actually hoping to gain from media exposure and whether his startup was in a position to be able to take advantage of it at their current stage of growth. …read more

Source: FULL ARTICLE at Forbes Latest

You'll Never Guess Where The New Hotbed Of Student Startup Activity Is

By J. Maureen Henderson, Contributor

When you think of college towns, you think of the likes of Blacksburg, Ithaca and College Station and when you think of startup hotbeds, you think of Silicon Valley, the greater San Francisco area, NYC and Boston. In either case, Montreal, Canada likely doesn’t come to mind. A group of student venture capitalists are looking to change that and to put the city with the greatest student population density in North America on the tech map.

From: http://www.forbes.com/sites/jmaureenhenderson/2013/04/22/youll-never-guess-where-the-new-hotbed-of-student-startup-activity-is/

Martinis With The Hiring Manager: Will Cocktail Parties Replace Job Fairs?

By J. Maureen Henderson, Contributor

What do you get when you mix drinks, finger foods, a little background music and a lot of mingling strangers? Well, if you’re a creative-thinking business, you get the perfect environment to suss out your next key hire. Call them hiring soirees, candidate cocktail parties or applicant meet & greets, but an increasing number of companies are pushing aside job fairs in favor of parties.

From: http://www.forbes.com/sites/jmaureenhenderson/2013/04/18/martinis-with-the-hiring-manager-will-cocktail-parties-replace-job-fairs/

Who Are We Most Likely To Trust With Our Money? Turns Out It's The Millennials

By J. Maureen Henderson, Contributor

Want to get a better bang for your investing buck? Park your money with a younger financial advisor. According to a new study from Fidelity, Gen Y and Gen X financial advisors have an average of $8M more in client assets under management within their individual businesses than do their Boomer counterparts. They also get triple the number of referrals from satisfied clients and almost 60% more assets to manage compared to more senior colleagues. …read more

Source: FULL ARTICLE at Forbes Latest

Why Are Ambitious Women So Annoying?

By J. Maureen Henderson, Contributor

They’re driven, idealistic and determined to barrel through with their plans regardless of anyone or anything in their path – meet the Hummingbirds. It’s a term coined by New Yorker tv critic Emily Nussbaum to describe the current crop of ambitious yet irritating women taking center stage in tv comedies and dramas. Nussbaum cites Parks and Recreation’s Leslie Knope, Enlightened’s Amy Jellicoe and Homeland’s Carrie Mathison as emblematic of this new breed of female protagonists who are dogged about pursuing their passions, no matter who they may annoy in the process. …read more

Source: FULL ARTICLE at Forbes Latest

Why Are Young Women Running Away From Politics Instead Of Running For Office?

By J. Maureen Henderson, Contributor

The number of women in the Senate may have reached an all-time high, but that isn’t doing much to ignite interest in running for political office among the nation’s young women. New research from DC’s American University finds that college-age women are much less likely than their male counterparts to consider or have considered politics as a possible career path. In a survey of 2100 18 – 25 year-olds, researchers found that young men were twice as likely to report having considered a run for office “many times,” while 63% of young women – compared to 43% of young men – had never considered a future as an elected official. And these gaps exist despite a gender parity in political participation among America’s youth: …read more
Source: FULL ARTICLE at Forbes Latest

The Young And The Restless: True Tales From The Location Independent Labor Force

By J. Maureen Henderson, Contributor

When we think about remote work situations, we tend to think of home offices, laptops on couches and, most recently, Yahoo’s ban on the practice. But there’s another model of out-of-office work, in which workers with portable skill sets that can be plied from almost anywhere seek out a blend of client work and world travel. Given predictions that freelancers will make up 50% of the American workforce by 2020 and the recent report from The Boston Consulting Group urging the travel and tourism industry to brace itself for a major inflow of Millennial dollars, conditions are ripe for a future labor market of untethered, location-independent contractors for hire.  I caught up with a few Millennials who are ahead of the curve to find out whether location independence really means shuttling between WiFi-offering coffee shops (of course, there are apps to help you find them) and Caribbean beaches and whether they’d consider trading their unstructured work lives for the stability of a 9 -5 position. Here’s what they told me: …read more
Source: FULL ARTICLE at Forbes Latest

Selling To Scrooge: The 4 Marketing Messages That Even Cheapskates Are Powerless To Resist

By J. Maureen Henderson, Contributor

I’m not, by nature, a spender. I’ve worn the same winter coat for four years and I’ll continue to wear it until there’s too much winter and not enough coat. And this wasn’t even an investment piece. I don’t consider myself cheap so much as austere. I’m a generous gifter and tipper, but you’ll never catch me with a Birkin bag or a $50 manicure (or any manicure at all). I tell you this so that you can  understand how unusual it was that I just dropped three figures on an upcoming workshop and that I did it without much hesitation. I spent this money even though I just started my own business and don’t yet swim in an indoor pool filled with currency a la Scrooge McDuck. I spent this money even though it meant cancelling another commitment for the same weekend that I had been looking forward to. I spent this money even though I was simply going to gain skills and knowledge and not score so much as a commemorative t-shirt or catered lunch as a perk. I spent this money even though I don’t spend money. I’m going to share with you the factors that got me to buy and will help you to get other penny pinchers* to open their wallet to you: …read more
Source: FULL ARTICLE at Forbes Latest

Out Of The Mouths Of Babes: Road-Tested Wisdom From Six Rookie Startup Entrepreneurs

By J. Maureen Henderson, Contributor

As someone who just started her own business, I know that articles touting career counsel and sage advice from mid-career businesspeople or from rock star entrepreneurs aren’t hard to come by. I also know that  they aren’t always relevant to tycoons-in-training. When you’re in the process of developing a mobile app from the comfort of your college dorm room, for example, life lessons from Richard Branson probably aren’t particularly suited to your current needs, but ones from your peers just might be. I spoke to six of the country’s top young entrepreneurs about the most important things they’ve learned while creating and launching their burgeoning business ventures. Here’s what they told me: …read more
Source: FULL ARTICLE at Forbes Latest

Three Ways To Find A Mentor When You Lack Connections, Clout, Or Even a Job

By J. Maureen Henderson, Contributor

“If you feel a bit stagnant in your current role, or just want a way to learn the skills you’ll need to get promoted or move up in your career, find a career mentor,” Lifehacker advised this week. Okay then. That’s all well and good, but what if you work in a company that offers a paucity of mentor material? Maybe you’re working in a small business. Or maybe upper management is inaccessible to a lowly entry-level worker like you. Or maybe you aren’t even working in the industry to which you aspire. If you’re a barista who longs to be a literary agent, where the heck do you turn for help? For many young workers, the idea of finding a benevolent professional patron is out of the question. That said, there are still ways to glean valuable knowledge, attention and insight even when you lack direct access to power players: …read more
Source: FULL ARTICLE at Forbes Latest

3 Tips For Finding The Business Partner Of Your Dreams

By J. Maureen Henderson, Contributor

Recently, fellow Forbes contributor Deanna Zandt wrote about co-creating a new business with a partner and made reference to getting “business married.” Well, by those standards, I’m a business polygamist. I’ve been toiling at several projects lately and the most difficult aspect of each has been finding collaborators with whom to work. Finding the right fit in professional counterparts as an adult entrepreneur is a lot more complicated than the days when your sixth-grade teacher would announce that you could work in partners for this project and you’d rest easy in the knowledge that you and your BFF Katie would pair up just like every other project before. Here’s what I’ve learned about the process of collaboration and how to pick your best-fit business partner: …read more
Source: FULL ARTICLE at Forbes Latest

An Open Letter To The Former Student Suing Her Alma Mater For $1.3M Over A Bad Grade

By J. Maureen Henderson, Contributor

Another day, another entry in the Millennials Behaving Badly files. Meet Megan Thode. She’s suing Lehigh University for $1.3M. This is the amount she claims she’ll lose in career-long earnings because the C+ she received in a course she needed to complete her master’s in counseling and human services prevented her from attaining that degree. Assuming Ms. Thode is Googling herself right now, here’s what I’d like her to know about the wisdom of her current course of action: …read more
Source: FULL ARTICLE at Forbes Latest

3 Reasons Following Your Passion Will Send You To The Poorhouse

By J. Maureen Henderson, Contributor

Recently, someone pointed out that I don’t sound very passionate when I discuss my writing. My first reaction was to be relieved. Being wrapped up in the romanticism of the written word is recipe for blinding myself to its potential as an income generator, which is an entrepreneurial no-no. Make no mistake, I love writing, but I also love paying my rent, being able to afford little luxuries like takeout sushi and bigger luxuries like vacations. In fact, I love these things more than I love the sense of moral righteousness that would come from writing only about the subjects I wanted to in the style I wanted to. So, whether you’re a writer, a designer, a baker or a candlestick maker, here are three reasons that following your passion over your career pragmatism is a recipe for ending up in the poorhouse: …read more
Source: FULL ARTICLE at Forbes Latest

The Biggest Money Mistake You Don't Know You're Making And How Financial Therapy Can Help You Fix It

By J. Maureen Henderson, Contributor When I tell Amanda Mills that I paid off my monthly credit card balance minutes before our call, she laughs. The Toronto-based Mills is a financial therapist. She’ll ask you about your parents, but it will be less about whether Mommy and Daddy favored your sister over you and more about whether your mother obsessively clipped coupons or whether your father bought himself a new car every year.
Source: FULL ARTICLE at Forbes Latest

A Greeting Card Startup Inspired By 'The Wire'? It's All In The Game

By J. Maureen Henderson, Contributor While Keisha DePaz’s story – an up and coming Manhattan litigator tosses aside her six-figure job to move back home and start a greeting card company out of her family’s basement – might sound like something out of a Lifetime movie, the inspiration for her company, Punch Street, came from a very different and much grittier source.
Source: FULL ARTICLE at Forbes Latest

How HBO's Girls Gets Everything About Millennial Life, Like, So Totally Wrong

By J. Maureen Henderson, Contributor Image credit: WireImage via @daylife I soldiered through every episode of the inaugural season of Girls. I felt watching it was my Millennial duty. I will not be making the same mistake when season two premieres on HBO tonight. My blood pressure can’t take it. Sure, a show focused on the […]
Source: FULL ARTICLE at Forbes Latest

How Unchecked Arrogance Helps You Get (Way) Ahead

By J. Maureen Henderson, Contributor Photo credit: Cea If confidence paid the bills, American college students would never have to worry about finding a steady job post-graduation. New research from pioneering Millennial scholar Jean Twenge claims that young Americans are more sure than ever of their own self-worth and superiority over their peers. Twenge and her […]
Source: FULL ARTICLE at Forbes Latest

Forget Four More Years: Why Community College Could Be Your Ticket To Financial Success

By J. Maureen Henderson, ContributorPhoto credit: velkr0 Does less classroom time equal a bigger bottom line? New research shows that when it comes to earning big bucks right after graduation, community college graduates have an edge over those with four-year degrees. CollegeMeasures analyzed data from three states and found that not only did new graduates […]
Source: Forbes Latest