Overall, there are more similarities than differences. They are who we were 20 years ago, just smarter.
You can’t compare them to who we are today. The primary difference I have personally noticed and have found myself teaching is an entrepreneurial outlook, but then again, not sure I was such an entrepreneur at 23 either.
In the CPA profession these kids don’t want to step in and take over a small CPA firm. They want to be a part of something bigger than they are. It isn’t about dreams and goals, it is a difference in how those dreams and goals are realized.
I believe the CPA profession will see fewer and fewer “smaller firms” of 10 people or less in the near term. Who knows what happens when this particular generation gets older? It could all cycle back around.
What I do know is that the differences aren’t that vast and that they aren’t ruining anything.
Wesley Middleton is the managing partner at MRZ LLP, a Houston, Texas-based accounting firm voted Best Place to Work by the Houston Business Journal. Wesley is the author of Violent Leadership (Forbes Books, 2017) and is represented by PumpJack Speakers Bureau. To book Wesley for your event, email Wesley.Middleton@PumpJack.me or click here.