CALABASAS, Calif., June 6, 2017 /PRNewswire/ -- With over 18 years of supporting entrepreneurship and providing award-winning customer service in the incorporation and LLC formation industry, MyCorporation.com is taking a closer look at the Class of 2017 with their latest small business infographic, "Why Post-Grad Millennials are Turning to Entrepreneurship."
"It's such a perfect time to think about how graduates move from school into the work world. There are so many options, but it's particularly exciting as an entrepreneur to see the growing opportunities in entrepreneurship for recent grads!" said Deborah Sweeney, CEO of MyCorporation.
The infographic examines characteristics that graduating millennials share that ultimately drive them towards starting their own business. While 82% do want to be their own boss, more millennials are interested in the long term benefits. 80% hope to grow a business that can be passed down to their children, and 59% want to use the business to create a happy future for their families.
One of the greatest financial obstacles post-grad millennials face is tackling student debt payments alongside startup expenses. In 2017, the average student loan debt is $25,000. However, the infographic notes that 67% of millennials are willing to take financial risks in order to grow and offers up tips for how to pay off debt while running a business.
"Why Post-Grad Millennials are Turning to Entrepreneurship" also gives readers a glimpse at the enrollment rates at universities with strong entrepreneurship programs and includes a shout out to famous entrepreneurs who got started in college, from dorm rooms to opening stores on campus.
As an industry leader, MyCorporation.com has reliably, and affordably, helped over 1 million small business owners incorporate their businesses and form LLCs. If you're a millennial entrepreneur ready to start your own business, give MyCorporation a call at 1 (877) 692-6772 Monday through Friday at 7 AM – 5 PM PT or visit us at mycorporation.com.
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/mycorporation-examines-why-college-grads-are-turning-to-entrepreneurship-in-new-infographic-300469149.html