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The below is a roadmap to understanding the Millennials (as consumers, students, entrepreneurs, employees and leaders) depicted in 22 shocking statistics. May this serve as your roadmap as you chart new territories with today's largest generation. Venture on.

The Millennial Generation

(2) By 2018, Millennials will have the most spending power of any generation. [(3) Their annual spend in 2015 is expected to be $2.45 trillion and by 2018, they will eclipse Boomers in spending power at $3.39 trillion. [ Oracle] Bazaar]

(5) 48% of Millennials who say word-of-mouth influences their product purchases more than TV ads. Only 17% said a TV ad promoted them to buy. [ Intrepid] And where do you think they get this word-of-mouth influence? Social media - duh. (6) 63% stay updated on brands through social networks. [ Ipsos] And (7) 43% have liked more than 20 brands on Facebook. [ Mr Youth]. A social media presence these days is a must to capitalize on Millennial spend.

(9) 50% of Millennial college students say they don't need a physical classroom. (10) 53% believe that online colleges are reputable. And (11) 39% view the future of education as being more virtual. [ Millennial Branding] Eventually how can you expect them to need or want a physical workplace?

The Millennial Entrepreneur

(12) 21% of freelancers are still enrolled at a university. [ Odesk] Millennials are capitalizing on their talents and passion with today's technology and connected economy. Find your side hustle.

(13) 90% of Millennials surveyed think being an entrepreneur means having a certain mindset rather than starting a company. [ Odesk]

(14) 54% either want to start a business or already have started one. [ Kauffman Foundation] Today's digital age makes it easier than ever before to launch a business and market to the world.

(16) 89% of Millennials would prefer to choose when and where they work rather than being placed in a 9-to-5 position. [ Odesk] And (17) 45% of Millennials will choose workplace flexibility over pay. [ Millennial Branding]

To keep Millennial talent, rethink your current company culture and find ways to infuse more flexibility, technlogy and social-ness...otherwise, be prepared to pay the price. (20) It costs an average of $24,000 to replace each Millennial employee. [ Microsoft / Experience Inc]

Question: What statistic do you find most shocking?

Consider Ryan to be your next keynote speaker by clicking here...

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22 SHOCKING STATS ABOUT MILLENNIALS TO HELP YOU CHART TOMORROW'S CHANGE

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The below is a roadmap to understanding the Millennials (as consumers, students, entrepreneurs, employees and leaders) depicted in 22 shocking statistics. May this serve as your roadmap as you chart new territories with today's largest generation. Venture on. The Millennial Generation (2) By 2018, Millennials will have the most spending power of any generation.

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GENERATION Y VALUES AND LIFESTYLE SEGMENTS

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GENERATION Y VALUES AND LIFESTYLE SEGMENTS