This presentation discusses the challenges facing the millennials. The presentation provides pointers on how the millennials can be more successful with building both a career and personal life.

1. HOW CAN WE HELP THE
MILLENNIALS BE MORE
SUCCESSFUL?
By: Paul Young, CPA, CGA
Date: October 15, 2016

2. PAUL YOUNG, CPA, CGA - BIO
 CPA, CGA (1996)
 Email: Paul_Young_CGA@Hotmail.com
 Work Experience
 15+ years in Corporate Finance and Business Strategy
 11+ years building Financial Solutions
 8+ years in academia teaching advance public finance, advance accounting
and advance management information systems

3. AGENDA
 Who are the millennials?
 Where are the jobs
 Life Skills
 How do you build your name brand
 Treat your education like investment
 Where are the jobs?
 Final thoughts

4. WHO ARE THE MILLENNIALS?
 Millennials, also known as Generation Y or the Net Generation, are the demographic cohort that directly follows Generation
X.
 The term Millennials is usually considered to apply to individuals who reached adulthood around the turn of the 21st century.
The precise delineation varies from one source to another, however. Neil Howe and William Strauss, authors of the 1991
book Generations: The History of America's Future, 1584 to 2069, are often credited with coining the term. Howe and Strauss
define the Millennial cohort as consisting of individuals born between 1982 and 2004.
 Other proposed dates for Millennials:
 According to Iconoclast, a consumer research firm, the first Millennials were born in 1978.
 Newsweek magazine reported that the Millennial generation was born between 1977 and 1994.
 In separate articles, the New York Times pegged the Millennials at 1976-1990 and 1978-1998.
 A Time magazine article placed the Millennials at 1980-2000.
 Overall, the earliest proposed birthdate for Millennials is 1976 and the latest 2004. Given that a familial generation in
developed nations lies somewhere between 25 and 30 years, we might reasonably consider those the start and end points.

5. JOB MARKET
Source – Stats Canada
Job Market Analysis
• Service Sector
• Retail Sector influence by
eCommerce
• More and more jobs are in
Supply Chain Management
• IT jobs are growing (IoT, Analytics,
Cybersecurity, Gaming and Risk
Management)
• Financial Sector (Banking,
Insurance, Accounting
• Public Sector
• More and More teachers are
exiting the profession
• Government deficits have
forced cuts to social
programs
• Good Producing
• Low Commodity prices
• Slow Economic Growth
• Infrastructure money has been
slow to flow through to projects

6. SKILLS / LIFE
 Critical thinking
 Judgement
 Time Management
 Interpersonal Skills
 Team Work

7. HOW DO YOU MANAGE YOUR NAME
 Social Media
 Networking
 Professional Association
 Job Fairs
 Mentoring with people in your chosen career

8. TREAT YOUR EDUCATION LIKE
INVESTMENT
 Students need to look at the investment, i.e. education cost to see
what jobs will pay back their investment quicker
 Student Debt on average is 25K. High student debt means students
have to find jobs to cover the payment. Student loan payments start
after graduation
Source: http://news.nationalpost.com/news/canada/as-student-debt-
climbs-to-an-average-past-25k-schools-invest-in-battling-the-mental-
health-issues-it-causes
Example 1 – Student Debt
• Career / Annual Salary of
30,000
• After tax 21,000 or about
1,750.
• So, how can you live on
your own and meet your
loan obligations
Example 2 – Student Debt
• Career / Annual Salary of
40,000
• After tax 28,000 or about
2,333
• You can live on your own,
but when you look at
apartment/condos then
you are looking on
average 1,450/month.

9. 2016 / EMPLOYMENT OUTLOOK
 Source - http://www.slideshare.net/paulyoungcga/2016-employment-outlook-
canada or http://www.slideshare.net/paulyoungcga/fastest-growing-companies-in-
canada-2015
High School Students
• It is important for kids to research where are the jobs
today and what will be the jobs of future.
• Teachers need to push people to other options like the
trades or sciences or engineering or IT
College/University/Trades
• Keep researching where the jobs will be created in
Canada
• Keep networking
• Look at the fastest growing companies in Canada

10. FINAL THOUGHTS
 Do not fall for rich quick schemes. If it is too be good to be true then do not believe it -
http://www.slideshare.net/paulyoungcga/how-to-not-fall-for-multi-level-marketing-sales-
opportunities
 Focus on your own discipline and determination. You can achieved anything in life if you are
motivated to achieve your goals
 Life is not always fair. You could be dealt a bad hand as such you have to play the hand out. You
cannot cry and/or get mad at the hand as the hand it is what it is. It is up to you define your new
reality based on the hand your dealt.
 It is up to you to managed your name. You need to be careful on how you use sites like Instagram
or Facebook or other social media sites. Remember future employers may check out your profiles.
 Do not look down at any job, but take it as challenge to make yourself better