A recent article in Forbes, written by a psychiatrist, questions whether the millennials, a.k.a. the "Everybody Got a Trophy generation," are lacking the competitive spirit and entrepreneurial drive that fuels our economy.  Raised on feel-good platitudes and Barney, the millennial generation doesn't have the Boomer "impulse to fight and prove their superiority over others" -- and what does this mean for the future of small businesses?

It's a good question.  The article makes a great comparison between Obama's spread-the-wealth messaging and JFK's "Ask not what your country can do for you, but what you can do for your country."  Very different times, and very different ideas about what constitutes individuality.

One thing the article fails to mention is the Gen Y love affair with free time and "being your own boss."  Almost all of our trendsetters plan to own their own business or work in some sort of freelance capacity.  It seems likely to us that they will create their own method of entrepreunerialism, working in teams to create the lives they want.  They might be soft, but they aren't going to sit in a cubicle all their lives.  Their vesion of entrepreunerialism will be more team-oriented and socially driven than the Boomers', but the end result will still be good for business.