This pie chart illustrates the reasons why millennials are inclined to become part of what is known as the slash generation, a group of people who prefer pursuing multiple careers at the same time to specializing in a single area. Over 60 percent of the respondents say they do so for extra income, while only 8 percent for self-improvement. It is noteworthy that nearly a quarter say they made this decision merely for fun.
Behind this recent phenomenon is the mounting pressure to achieve financial independence as well as a sense of job insecurity. For many, a lucrative sideline ensures both a higher quality of life for the presenl and a lower risk of being replaced in the future. Moreover, the demand for self-satisfaction also plays an indispensable role. Those who manage to translate their passions into profits often feel a deep sense ot accomplishment. Another crucial factor is the rapid advancement in digital technology, which helps pave the way for this trend.
Admittedly, starting side businesses may well be an effective way to handle uncertainty and expand career options. But chances are that someone jumping on the bandwagon will end up as a jack of all trades, master of none.
