As the economy shifts and employers hire temporary workers instead of filling full-time positions, college grads can’t count on landing traditional opportunities. A study from Millennial Branding and PayScale shows that Generation Y is underemployed; more than 63 percent of Gen-Y workers with a bachelor’s degree are in retail positions that don’t pay well.
How can students prepare to avoid this employment gap? By creating their own opportunities as entrepreneurs. What steps should you take if you think being a business owner is in your future? John Robitaille, executive in residence at Larry Friedman International Center for Entrepreneurship at Johnson & Wales University, suggests the following tips to prepare to launch your own small business: