31 Days to a Better Business in 2014 by Marey Hoeppner - HTML preview

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The Millennial Growth Spurt

According to data from the U.S. Census, my

observations are not just another Russia

House-induced hallucination. From 2000 to 2010, the millennial population in DC grew

23%, and from 2010 to 2012, the DC region saw an average annual net gain of 12,583 of The Impact

people age 25 to 34–the largest among cities

in the United States. In the past 10 years,

The entertainment and housing markets aren’t

the region added 26,000 new apartments

the only areas that have responded to this

and condos. From 2001 to 2011, 709 new

influx of young go-getters. More workplaces

restaurants (a 50% increase) opened up in the

are embracing dynamic structures to meet

area. The numbers don’t lie. Young people are

millennial demands of flexibility on the job.

flocking to DC, and they’re leaving profound

For instance, the rise of co-working spaces in

change in their wake.

DC–like UberOffices–have made it possible for small businesses to rent workspace

that provides a physical location without

the constraints of a stuffy office culture.

With small businesses such as PerformYard,