Robert Trosten Event

Robert Trosten says millennials have entrepreneurial interests in the commercial sector. Research reveals that around one-third of millennials start their businesses at a higher rate than the earlier generation. However, the companies run by millennials tend to flame out often. One reason behind this is the young age of these entrepreneurs. When they begin building their asset base, they lack the deep financial understanding, which supports business development. Moreover, the issues of cash flow also lead to business failures. Also, the increased expenses and zero guaranteed income are other challenges faced by the young businessman.