What 4:44 means for black millennial leaders

What Jay-Z’s 4:44 Means For Black Millennial Leaders

In 1997, Jay-Z, a Brooklyn MC emerging in popularity and ambition, released his second studio album, In My Lifetime, Vol. 1. Still perfecting his sound and his persona, Jay was at his hungriest then yet seemingly stuck between the rap game and the dope game, and the streets and the boardroom. Also in 1997, the African American community emerged as the fastest growing consumer base worldwide with a total purchasing power of $469.4 billion. As our influence climbed so did our access to education and entrepreneurship setting the stage for the youngest in our community – the millennials – to witness this growth and progression firsthand.

20 years later, Jay-Z is known as the legendary rapper holding the number one slot on just about everyone’s top five list. From beats to business – then Beyonce and Blue Ivy – he’s been able transcend all aspects of entertainment, leverage philanthropy for the cause and master entrepreneurship with the best of black excellence. His latest album 4:44 is proof, and most black millennials will agree. With themes like financial freedom, generational wealth, ownership and entrepreneurship all woven into dope, soulful beats, and not to mention, the slick short movies as videos for songs like Moonlight and Story of O.J., and an inside scoop from the Rap Radar podcast on TIDAL, 4:44 is a blueprint for black millennials who are poised to lead.

Yet, we still have a reality to face. In the Black community, money circulates zero to one time and one dollar circulates between us for only six hours, according to Nielsen, making us the least wealthy U.S demographic. However, Nielsen also tells us that the overall Black spending power is projected to reach $1.4 trillion by 2020. And with millennials representing 50 percent of the global workplace by 2020 making us huge influencers on how business works, the projected $162 billion that Black Millennials have in buying power along with undisputed cultural influence, means we as leaders must get serious about avoiding “living rich and dying broke” as Jay-Z said.


With new wind of inspiration from Jay and a major cultural shift at hand, here are four things 4:44 should inspire black millennial leaders to do:

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We must own.

“You walkin’ around like you invincible/You dropped outta school, you lost your principles” – ‘Kill Jay Z’

Millennials are only interested in purposeful work. School may teach you how to get jobs but there’s no guarantee school will teach you how to create jobs. Ownership is a priority because for black millennials the future of business depends on our ability to be employers. With all our smarts gained from school or otherwise, we must maintain the vision to be owners – own everything we can from property to businesses. Whether you run a startup in your basement or you jet set to make big deals, ownership is your key to financial freedom and generational wealth. For black millennial leaders to build legacy, we must apply compelling vision to own our own – whether it’s a website selling apparel or a food truck selling cupcakes. Without ownership, we jeopardize our progress. It’s about principle above all.

We must invest.

‘Please don’t die over the neighborhood/That your mama rentin’/Take your drug money and buy the neighborhood/That’s how you rinse it’ – ‘Story of O.J.’

Millennials are magnets for creativity and community. Whether you buy the block in your old neighborhood or cut a check to a local nonprofit, directing your resources to your own community curates and preserves its cultural originality. When you invest in the black community, you generate profits in pursuit of social goals. Use your profit to invest in your purpose in leadership. Remember, your profit is not just your money. You can invest your profits in form of time, advice and raw talents. Not only does investing foster loyalty to your community, it introduces a culture of openness so that solutions can be explored to help solve the problems we want solved and ensure a legacy for future generations for follow.

We must innovate.

“Y’all think small, I think Biggie” – ‘Family Feud’

Millennials are vocal about what we want for our lives. We think big. We create lifestyles that support innovation which means we keep an open mind about the way the world works. As black millennials, we have a legitimate role to play in the innovation of leadership. We must lead with incremental steps that make old ideas new again and repurpose the familiar into the unexpected. The cultural shift of innovation forces us to the frontline of leadership. When black millennials embrace innovation and build a culture to support it, we demonstrate intentionality in our leadership. When we deliberately and routinely think big, we show that innovation is a way of life. And when boundaries appear, we use innovation to push them by facing the fast-paced world head-on with no fear.

We must build.

“We’re supposed to vacay ’til our backs burn / We’re supposed to laugh ’til our hearts stops” – ‘4:44’

Millennials love life. We do not want to put our passions on hold – travel, food, love, technology, etc. Meanwhile, we are still building. Its part of the black millennial experience. We are building ideas that successfully raise awareness of issues facing the Black community and influence decisions shaping our world. We must use our collective power to build the future together —we must focus on outcomes, not hours, and results, not hype. We must have a challenge to continuously learn and do better. Though our ambition and zest for life may get us labeled as self-centered, what we really want is to get better at what we are doing, take care of our families and have an impact on the world. As we build, we must empower each other to eliminate the “me” mentality. When we do so, and do it together, we earn the power and privilege to lead lives of unlimited potential. Besides, “what’s better than one billionaire? Two,
especially if they’re from the same hue as you.”


In 4:44, Jay-Z masterfully proves the bond between cultural change and social entrepreneurship. Cultural change exposes problems by disrupting a system. This is a result of generations asking why. Social entrepreneurship solves problems by disrupting a system. This is a result of generations asking, why not? And, asking why not is what millennials do best.

Though Jay is a Gen-Xer and one of the most respected voices in pop culture, the so-called legends and power brokers from his generation aren’t the only ones responsible for creating the most exciting things impacting our culture these days. Increasingly, millennials are having the biggest impact on culture thanks to his influence along with others from Gen X.

If black millennials leaders intend to lead, and we are showing that we do, all the inspiration we need is in front of us.

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Beyond the Buzzword: How to Talk about Diversity

Diversity has become a topic that everyone seems to want to talk about.

Now, in the second decade of the new millennium, the business case for practicing diversity and inclusion has been made a priority, as concern for race, age and gender expands to include diversity of culture, thought and lifestyle. This evolution has shown that the language of diversity is fluid and somewhat uncertain, and yet it contains fundamentals for the future.

While the importance of diversity has increased in recent decades, progress in the corporate world has been slower. “Diversity” has become a buzzword. The way we communicate the idea often makes diversity a novelty that we like to mention, rather than spending time determining how it should play out in organizations and in the world around us.

As the work of diversity and inclusion grows in demand, the PR profession has an opportunity to lead the language so that other industries can talk about this function with greater cultural competency. Here are a few simple ways to reframe how we talk about diversity:

Understand that diversity does not mean non-white

When we hear the word “diversity,” we tend to think that it means race, specifically people who are not Caucasian. Instead, we must define diversity as the measure or variation of social and cultural identities among people who exist together in a particular setting.

To go beyond the buzzword and arrive at authentic cross-cultural experiences, people of all races, ethnicities, ages, religions and backgrounds need to participate in building organizational cultures. On the other hand, relying solely on non-white employees to lead diversity efforts — or devaluing the realities of their societal experiences — allows us to sidestep persistent inequalities and to overlook opportunities to enhance our cultural competencies. 

Stop calling people ‘diverse’

Individuals add diversity to groups and should not be labeled as “diverse” for the sake of representation. One could argue that a statement such as “We need more diverse candidates” is a matter of semantics, but it obscures our understanding of diversity. Using the term this way depersonalizes people as “other” in an attempt to meet a socially acceptable goal, without naming the specific kind of person needed for the goal to be met. If one person fits the distinction, does that make the group diverse? Or if a group only has Latinas, for instance, is it diverse? It’s easy to measure diversity by headcount, but inclusion means understanding people’s narratives along with their numbers.

Using “diversity” as a catchall reinforces wrong meaning. Specifically naming the groups we’re talking about — based on characteristics such as LGBTQ, age, race or nationality — sets a tone for belonging, and prevents diversity from erasing the distinctions that make it necessary in the first place.

Prepare for the emerging majority

“Minority” has long been the default descriptor for people of color. But with the United States poised to become a minority-majority country by the year 2040, the shift will reshape the language of our industry and perhaps create a stronger filter for senior leaders and decision-makers responsible for navigating organizational cultures. 

Some believe that adding cultural differences creates a competitive advantage. Instead of seeing the focus on differences as divisive, we can leverage commonalities to spark future initiatives.

Treated as a buzzword, diversity becomes so diluted that it can be a code for anything we want it to represent. Even well-intended diversity efforts leave us without an understandable language. Changing the words and phrases we use to describe one another reflects progress toward a world in which everyone feels respected and included.

Some see diversity as a convenient solution to new racial and ethnic challenges, which becomes synonymous with a profit imperative. Appealing to diversity can unite people across differences that divide us and affirm a shared, self-reinforcing commitment to one another.

The PR/communications profession influences all areas of business and how language and perception are reshaped. When we grapple with how to discuss diversity and inclusion efforts, and look at how public perceptions will change, our profession can help lessen the misunderstandings and miscommunications that occur in the global workforce by listening actively, choosing words carefully and showing respect for others.

This article was originally posted at PRSAY. In August, PRSA is celebrating Diversity Month by focusing on the diverse communities, people and practices that comprise public relations. The Diversity & Inclusion Committee and other PR thought leaders offer their insights on the importance of a diverse and inclusive workplace. Join the discussion by following @PRSADiversity and using #PRSADiversity in your social media posts.

the original millennial aerial ellis millennial leadership

The Opportunity for Millennial Leaders

By 2020, millennials will represent 50% of the global workplace, making us a huge influence on how business works.

Organizational leaders are becoming increasingly concerned that they soon will be unable to find the talent they need to succeed, with a shortage of suitably skilled workers as the single biggest worry. Businesses are competing fiercely for the best available talent to replace the retiring boomers in the upcoming years. Every year, more and more of that talent will be recruited from the ranks of millennials (PwC, 2011).

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That means building leaders from the millennial generation can no longer be a delayed strategy for decision-makers in the workplace.

Reason 1: Millennials are critical to organizational success and sustainability

Reason 2: Millennials can quickly learn the ropes then come for the boss’s job

Reason 3: Millennials have options. We can decide we don’t want to work for someone

Reason 4: Without millennials, organizations will start to wane.

A report by PriceWaterhouse Coopers provides some insight into the minds of millennials. In 2011, the corporation carried out an online survey of 4,364 millennials across 75 countries under the age of 31 or under and had graduated college between 2008 and 2011. Seventy-five percent were currently employed or about to start a new job while 8% were unemployed at the time they responded to the questionnaire. The rest were self-employed or returning full-time to continue their education. According to the survey, 76% of respondents with a job said it was a graduate role, while 12% had a job that did not require a degree. The survey said that 54% expected to work for between two and five employers over their entire career.

This isn’t attributed to low attention spans and bouts of boredom millennials are believed to possess. This is a direct result of organizations determining that millennials aren’t high-level contributors because we’re not “one-size fits all.” We spend an average 1.5 years to 3 years working at a company. But working for two and five employers over a 40 to 50-year career suggests much greater longevity with an employer than that the perceived length of millennials’ employment, the survey said.

Millennials are vocal about what we want for our lives. Our careers are top priority. In fact, our generation sees a bigger picture for our work, leveraged by technology, freedom and creativity. This means we have the ability to add meaningful value to our work from anywhere at anytime, and we must be allowed to exercise that value in ways that others respect it.

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Here are immediate opportunities we can take as leaders:

  • Ask your employer for the resources to pursue education in your chosen field and opportunities to keep learning through training, workshops or tuition reimbursement. Also, be prepared to invest in your own training outside of the office to make your skills as marketable and transferable as possible. Ask for time with your manager for an explanation for how your specific contributions add to the company’s bottom line and how the team benefits from the efficiencies you can create.

 

  • Ask management for leadership and personality assessments to better understand your traits as an intrapreneurial leader. Seek a professional coach and internal mentors who can advise you along the way. We are comfortable with transparency and want management to practice it as they are grooming us. We get the basic ingredients for success, but can gain valuable guidance as the benefit of some unconventional advice. Be prepared to make improvements along the way based on the feedback you receive. And, don’t be offended, even if you don’t agree with what comes out of the evaluation. Use it to your advantage. When we ask management to help us, we should reciprocate a tone of clarity and openness, with a respect for inclusion and diversity.

 

  • Ask if you can mentor fellow millennials in the workplace who may need to be coached on the company’s culture. Offer to be a reverse mentor to baby boomers or Gen X-ers as an effort to build relationships with senior colleagues that could raise the bar on employee engagement and productivity. If you seek leadership in the workplace, ask for an honest assessment of your communication weaknesses and make sure you are working to inspire confidence, showing interest in the professional development of your coworkers and communicating with clarity and transparency.

When we define and prove our value as leaders, we create leverage to ask for more of what we want and the work we want to do.

My Workshop for Millennial Leaders

Many cities across the country are experiencing a major culture shift led by millennials born 1980-1995. Nashville is one of them.

Here’s an opportunity for millennials to participate in an action-oriented class in preparation for the next phase of leadership in business and in community on Saturday, August 5, 10 a.m. – 1 p.m. at the Ezell Center at Lipscomb University. And, there’s an opportunity for me to come to your city. Dates are going fast!

I’ll tell my personal story as a young leader and facilitate an interactive six-step leadership development training session covering the following areas:

• Career, Entrepreneurship, Intrapraneurship
• Problem Solving, Disruption, Innovation
• Ambition, Decision Making, Goal-Setting
• Influence, Access, Creativity
• Profit, Passion, Purpose
• Faith, Mindfulness, Empowerment.

I’ll also lead a personal brand mapping session and we’ll have a little fun too.

Here’s my invitation!

 

Register at nashvillemillennialleadership.eventbrite.com for only $35 which includes lunch and a signed copy of the book.

For more about me and my book or to request a workshop in your city or at your company,
visit THEORIGINALMILLENNIAL.COM

 

What Makes A Millennial “Original”

Many headlines seem to focus on the idea that millennials are not poised to lead. We are incompetent, shiftless and noncommittal. We show up late. We act entitled. We demand more than we earn.

It’s been six months since I released my book, The Original Millennial: Lessons in Leadership for the Millennial Generation. The reception has been fantastic, though not without questions.

“So is the book only for millennials?”

“So are you saying only millennials can be ‘original’?”

“What about Gen X? And the Baby Boomers? You left us out?”

No, no and no.

While millennials have a series of subgroups divided by the factors of age and socioeconomic background, originality is not a concept that refers to demographics as descriptors for millennials. It’s true that the entrepreneurial members of the older-millennial subset are altogether reinventing the planet and the younger subset is revitalizing organizations with an intrapraneurial excitement that is reinventing the workforce.

We understand why there is a great deal of variation from one individual millennial to another, more than within any other generational cohort, when we understand who our parents are. The differences between baby boomer and Gen X-er parents are the most critical reason millennials are so diversely defined yet grossly misunderstood.

A 33-year old millennial remembers using dial-up internet access to log on to the first version of Facebook, while a 23-year old millennial has likely never used Facebook without a high speed mobile or Wi-Fi connection. Those are major moments in the social development of millennials that are not to be ignored. However, the term “original” in this book will not be used to separate millennials by younger and older subsets.The Original Millennial at coffee shop - author Aerial Ellis

The millennial generation continues to have a major influence on almost every aspect of our lives, including how we communicate and use technology. Millennials have affected changes in parenting practices, educational and career choices and sparked shifts in homeownership and family life. These developments have inspired much speculation about how this generation will fare later in life, and whether these trends are temporary or permanent (TCEA, 2014).

The driving force behind the potential greatness within the millennial generation is originality. We got here with so much originality that we were ready to take on a world that wasn’t making room for us.

We get distracted because we switch devices 27 times an hour. It may look like we don’t know where we’re going with our eyes glued to the screen and our fingers scrolling down the side. But we keep original ideas flowinThe Original Millennial switching devices - Author Aerial Ellisg from the sources found in the platforms we surf.

We thrive on original experiences and relationships. We are cautious and loyal. We often think the media are biased and can quickly perceive fakeness in human interaction.

We must have original conversations that happen in a meaningful, sincere way. We back brands. It gives us a sense of ownership and makes us feel like we contribute to the growth and prominence of those businesses.The Original Millennial tech coding

We may look up to Mark Zuckerberg, Jay-Z and Steve Jobs for their originality, but our favorite mentors and models for inspiration are our fellow millennials.

Why is this? Because originality can sometimes be at odds with the source. The best parts of original millennials are found in the choice to change and evolve. The original qualities of past generations use commonly understood behavior patterns, which make them far easier to define, whereas original millennials have the ability to defy category.

For the millennial generation, originality is the most important trait because it positions how we think, feel, work and lead. The power of originality becomes most valuable when used in the pursuit of solutions. Millennials always look for ways to make things greater, bigger, better, stronger and more practical.

Across society, there’s enough division between cultural groups including generations – so much so that our thoughts take us instantly to a detection of bias, which is great in order for us acknowledge if and how bias exists.

Calling a millennial “original” not about pointing out our intergenerational differences. It’s about uplifting a generation by harnessing the original qualities we possess. The distinction of original is applied to the approach millennials bring to life; how we marry vision and values; how we merge creativity with cause and how we make real challenges look remarkably cool. Originality is the prime possession that makes the difference.

That’s all.

Read the book for yourself and you be the judge. What makes a millennial “original?”

*This post includes an excerpt from The Original Millennial: Lessons in Leadership for the Millennial Generation.*

A look at Nashville’s 40 Under 40

Cranes in the sky. That’s all we saw when posing for this photo from high up on the rooftop of The Westin Hotel. Reflecting on the growth and expansion of the city, we gathered as a handful of this year’s Nashville Business Journal 40 Under 40 winners selected to appear on the cover of the paper. It was an honor to be one of the young leaders in the city chosen from nearly 600 nominations – a record number.

Take a look at this year’s winners.

Coaching Leaders of the Millennial Generation

At the top of the year, I started coaching millennials in the area of leadership development to kick off National Mentoring Month and…wow, what an experience!Aerial Ellis Millennial Coaching

I knew our generation was made of amazingly passionate innovators but the work I have been able to do with my millennials has been an absolute joy.

Because millennials will make up 75% of the workforce in America by 2025, a cultural shift is happening and I am working to encourage, prepare and coach our millennials for leadership. It is important that organizations are prepared for the shift that is quickly approaching, and I am here to help. With expertise in leadership communication and influence as a college professor, I am equipped with the knowledge and know-how to effectively train and ready your millennial team members. Based on curriculum from my book, The Original Millennial, I am helping millennials recognize their value and prepare them for unprecedented leadership.

If you’re a millennial, here’s a chance to get exclusive access to me as your champion! I learned the lessons, put them in a book and created a six-week curriculum to help you succeed. With my guidance and support, you become a change agent prepared to lead in business and community, and leave a legendary mark on the world. If you believe you need someone like me to groom, coach and mentor, sign up here.

If you are not a millennial…does your organization currently have professional development initiatives in place for your employees ages 20-35? Do you see a need to invest additional resources to develop your young emerging talent? I’d love an opportunity to work with your organization as a leadership development consultant to assess your generational diversity needs and counsel your millennial team members on best practices for fine-tuning the skills needed to take their professional careers, and your organization, to the next level. If you want more info, learn more here.

I’m Headed to SXSW 2017

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In a few weeks, I’ll be in Austin, Texas. I’ve been selected to speak at the 2017 SXSWedu Conference & Festival, March 6-9. I’ll offer a mentor session on diversity, millennials and PR; and on Wednesday at 12:30 p.m., I’ll be signing copies of my book, The Original Millennial, too!

The SXSWedu® Conference & Festival fosters and celebrates innovations in learning by hosting a diverse and energetic community of stakeholders across a variety of backgrounds in education. The annual four-day event affords registrants open access to engaging sessions, immersive workshops, interactive learning experiences, film screenings, early-stage startups, business opportunities and networking. Through collaboration, creativity and social action, SXSWedu empowers its global community to Connect. Discover. Impact. SXSWedu is a component of the South by Southwest® family of conferences and festivals.

If you will be at #SXSW or #SXSWedu, add my session to your event schedule.

For more information, please visit http://sxswedu.com.

How Must I Use My Influence?

2009. Social networking had taken over the world. From the moment I started a MySpace profile, I knew my generation would be the poster kids for social media. It changed the way we communicated, worked, played and lived.  It was new, exciting and innovation. It could also be overwhelming at times. The easy access, the ambiguity of messages, the jeopardy of privacy – it would make me nervous at times. I was an introvert who appeared to have extrovert tendencies.

As much as I loved to communicate with people and share ideas, I often got tired of the demand to be present and accessible on social media. I noticed, though, how social media proved something very significant for me – my influence.

Influence calls us into relationships. We look to discover relationships with those who have a substantial following in social networks, a notable brand or an authority within an industry or a community with a loyal audience. The strength of this connectivity creates relationships that earn millennials influence as a direct result of investing intellectual capital, goodwill and networking.

As with most generations, millennials have developed a tremendous amount of influence. Our influence, however, wears an originality that has created social capital almost beyond compare. This shift of influence is an example of social capital—an important element among millennial influencers. Social capital is the catalyst for influence. It becomes the key that unlocks influence and new experiences.*

This week, I’ll accept the Women of Influence Award from the Nashville Business Journal as a 2017 Trailblazer – a woman who has led the way for others to follow in her footsteps. Every year, the Nashville Business Journal recognizes a new class of Women of Influence awards winners – women who are shaping their companies, improving communities and paving the way for the next generation of influential female leaders. I’m happy and humbled begin the year with this honor and leverage my social capital for the benefit of those in my network. I’m thankful for the recognition and grateful that God continues to see fit to use me as an example.

Aerial Ellis Woman of Inclusion Nashville Business Journal Trailblazer 2017

This is an opportunity to reflect deeper and carefully consider, “how must I use my influence?” Influential leaders must consider how they will contribute to the growth of those they lead. People are drawn to a leader who actually leads, meaning they influence behavior, performance, events and outcomes. Influential leaders recognize that they are designed to be part of a mission that is larger than themselves.

As you are reading this email, you are proving your influence. You are someone who wants to help move and motivate people to make a difference. You are willing to nurture them through leadership and challenge them through motivation. A balance of two is the only way to have meaningful influence.

AE

*(This email features an excerpt from my book The Original Millennial – Part 4: Do I Want to Reflect or Direct: Influence, Access, Creativity. To order the book for yourself or a millennial you know, love or mentor, visit theoriginalmillennial.com or Amazon.com)

Millennials: Where’s Our Money?

In 2007, during the beginning of the Great Recession, I was a self-employed millennial running my own PR firm full-time. I unexpectedly lost three of my largest accounts.

I had a sense that I needed to be going after more clients, increasing my revenue and saving up more money, but I was a young entrepreneur with a lot to learn about running a company. After all, I started the business fresh out of college because the job market was so bleak and I couldn’t land a position in my field or anything stable enough to carry me financially. The business had allowed me to cover all my bills and stash away a good deal of cash, but, when the recession hit, I became afraid. When I began the business three years earlier without any money, I didn’t even have enough to open a bank account. Now, here I was again with no more money and no one to ask for help.

Why didn’t I just go get a job? Well, it’s not that simple. Millennials came into the workforce hoping to lock down a secure career and bank on a big payday only to be disappointed that neither of those things were readily available. We watched our parents work for years at the same company and believe they had a nest egg for retirement that somehow disappeared. We make less money than previous generations and have smaller incomes and bigger debts because we’re often underemployed and underpaid.

So, we’ve figured out how to use technology to do more and spend less. We love discounts, deals and freebies. We’ve put off commitments like marriage and home ownership not because they don’t hold value to us but because we want to be stable enough to fully enjoy those experiences without major financial woes. We like money and appreciate the finer things, but live for a bargain. We did not want to follow in our parents’ footsteps so we started scrambling up extra money in addition to our full time jobs as side hustles (Pew Research).

This year, we’ll approach the 10-year anniversary of the Great Recession. It took a while but I’m doing pretty well now financially. However, I am concerned about my generation. As the oldest millennials turn 37 this year – an age where most Americans are supposed to be at their peak spending age – millennials are still feeling the aftermath of the Recession (Morgan Stanley).

 

We are the largest generation of the U.S. workforce and, as we age, many factors will bear down on our financial future: Social Security is underfunded, our life expectancy is on the rise and college debt won’t disappear. Many millennials, especially those who are entrepreneurial, don’t always learn things we should about money or by the time we do we’ve already been cast out into the world burdened by money mistakes and financial mess-ups. We are a considerably underfinanced generation, which is why we have no choice but to start saving as much as possible, living on significantly less and seeking financial advice.

Where is our money? How can millennials drive growth to the U.S. economy? What will predictions say about our financial contributions? How can we develop a sustainable plan for future generations?

We have to get to saving. Twenty-three percent of younger millennials (18–24) don’t have a savings account and 43 percent of millennials who make $75–$100k a year don’t have a savings account or have nothing saved. If we don’t save today, we’ll be playing catch up later. (Millennial Money)

We have to remain frugal. Millennials should have a vision for where we might want to be financially. We must plan for our finances to keep us comfortable and learn to live below our means. Develop a budget and set money goals accordingly – translation: buy a few less lattes.

We have to ask for help. As resourceful as we are and as much as we value relationships, we shouldn’t have a problem getting money advice and financial guidance to manage the things we value most. The earlier we enlist help, the better off we’ll be.

Contrary to what is said or perceived, millennials are not lazy, entitled slackers. We have the same needs and wants as older generations — financial security, family stability and retirement savings. As we plan for the future, we must consider the kind of commitments, goals and investments we will set with our money. We know how to use our profit—what we gain out of life—to supply our purpose in the world because we inherently understand that profit is not just about money. Profit includes your time, life takeaways, raw talents and trusted tangibles. And, millennials are going to need all of those to build a sturdy foundation for the future of our money.

This article is an excerpt from my book, The Original Millennial and appeared in The Tennessean for 12th and Broad as part of the Millennial Money Experiment powered by Regions Bank.