 Welcome back. This is Y254 Business Tuesday. And if you're just joining us, our discussion today is looking at the reasons why we have so many millennials today quitting well-paying jobs. And also remember you can follow this conversation on our social media pages at Nginna underscore Lizzie and at Y254 channel. So, Socrates, how are you? Welcome. Thank you so much. How are you? I am fine. And so, first of all, let me ask. In your profession, are you in the job that you school for? No. Okay. And is this part of the, well, are you in a field that you chose for yourself, like after school, and then you decide now let me leave what I studied for and follow what I want or how was it for you? Thank you so much for the question, Gina. I'm happy to be here. I'm a trained journalist, work as a journalist in my university. I was passionate about journalism many years ago. I loved the profession and its consumables. But going into the university, I shifted my focus from journalism that I was called to PASU. And I wanted something that will amalgamate communication in business so that I would make money by holding candid conversations. So, well, platforms are many who have PR practice and other platforms. So I took PR as my personal path, though I'm a trained journalist, and so far I must say it's been fulfilling. Okay. So, well, that was just a by the way question, you know, to also know if you're part of the demographic that quit their jobs, but ARUS was simply a shift. So now, millennials, first of all, can we let's look at how different are they from the previous generation or from the other generation? How different are they? Well, I've heard candid conversations about millennials and why I consider them a very special generation. They're the sort of generation that is hanging between a traditional setup and a digital future. They're hanging between the balance. And therefore, somebody once tweeted that the millennials will not know deep tradition, neither will they borrow into a future that is what they call it, an artificial intelligent future. So it's a very special generation. Well, it's a different one because of the digital landscape that has intruded into our lives. Millennials are looking to find freedom in their own thoughts. They are trying to free themselves from traditional jobs where you are tested if you can do something you're employed and paid after every four weeks, you're monitored. There's a lot of stringent missions at workplaces. They don't like that. They love freedom, the freedom of thought. They want to make money using the digital landscape, and that makes them unique. And therefore, yes, it's a very different generation. You see, back in the day, our dads, moms, and grandparents were using the traditional ways of doing their jobs. After schooling, they would go get employed, retire at a certain age, and then blah, blah, blah, blah. Many are very predictable. Well, so also on that, why do you think many of them, we have such high numbers quitting their jobs? Well, the digital, the present digital landscape has come with a lot of promise of freedom. Actually, it narrows down to freedom. Millennials want to do their own things at their own time. And with that, they still want to make huge profits. So I think the huge chunk that are shifting from the traditional job criteria are simply looking for this freedom. And they're also looking at their icons, who have done it both domestically and formally. But I still have a concern. Well, I understand that we are, the way you've explained it in the middle of, we are the amateurs, we are the beginners of digitization. So my question is, as we quit these jobs, are we going to a brighter future? Or what exactly, do we look forward to a brighter future? And what impact does it have on the workforce? Because I would imagine someone who want to take the risk to quit their job, they are leaving a space somewhere in the workforce that needs to be filled. So how is that impacting on us today and in future? Because you see it's high numbers, and I believe they are taking the best of the best in our workforce. Will it have any impact on our economy? Yes. I mean, my opinion is that we are carelessly leaving the job market to do our own things without guided strategy. You'd get somebody leaving, let's say civil service, they get some, let's say a million Bob. And now they imagine that a certain person in South Africa used a million Bob to create an empire of billion dollars. And now they run down empires, and now they exit this well-paying job to get into something that they would consider uniquely their own. So you can also agree, most of these people quitting have not properly calculated their steps, it's not a calculated risk, they just do it. They're just doing it because of pressure, social media, let me tell you, it's all over the place, people are not posting their failures. We are all out there posting what we did and the moves we were about to make. So these guys are saying that they jumped into this river, bought their feet and they are ripping millions, and therefore you are motivated to do it. We have organizations that I would not wish to mention, but every day they keep on telling us about digital marketing and promising new millions, flight trips around the world, and the pressure is too much. And I feel like with that kind of incitement it can also mislead very many young people in their work first. So let's talk about the group that quits their job and going to solve proprietorship now. So let's talk about that. Well, this group, I had a conversation in this same business Tuesday on how these sort of people, after getting into their own sole proprietorship adventures, they lack the money to sustain their businesses. And they start regretting how they would wish they had stayed in their well-paid jobs because the banks promised them money, government agencies promised them loans. But the bureaucracy is involved in getting these monies so detailed, a patient person would not go through. And so Ken is affected, Sana, because of the pressures that come with people. The 1% that managed is negatively affecting the remaining 99% of these people who are trying to get in. So my insight is that that is going on. Sadly, there is not clear thought process. And I really think you guys in active media should really add more thoughts into discouraging these. But if it's to be encouraged, let there be a very comprehensive thought process so that when you leave civil service and get into business, there will be no much hitches. And I also think education is lacking on finances and on placements in the jobs. So are there just specific occupations that people are living or it's the entire workforce? Like I'm talking of doctors or teaching. Is it the whole workforce or there is a specific group that suffers this more? Well, these are specific. You would not tell me you'd want to drop being a surgeon and become a business person. That's very true. People are living middle-class employment ventures, you know, the 8 to 5 desktop sort of employment, whereby all you do around, let's say you studied some interesting course at diversity, but all you do in somebody's office is to arrange files, you know, make online, you know, have online trajectories, sales. People no longer want to work for others, okay? And they also want to escape from these 8 to 5 schedules and get freedom in their own things. So yes, these are specific working frame that is really affected, but other people, they seem to be enjoying what they do. So I also see a lot of people in the workforce, you know, you see, especially, well, the young people, you'll see that they do not agree well with the rules of the company or the traditional rules. You'll find I have a few, I know a few of a few people who have gone through with quitting their jobs. And when I probe further, I realize it's the policies that they have in the workplace, like they just don't apply to us, they just don't apply to the millennial generation. Are there other things that, other than work policies that motivate these people to, you know, quit the job? Oh yeah, it goes back to my earlier insight where you find that these people, apart from the policies, they also want to, it's natural for people to want to be in control. They also want to manage other people, they also want to control income, they also want to have a name that can be celebrated in the society. So apart from the policies of their workplaces, there is that kind of drive that really pushes you to be independent and free. And I think that is even more a more spirited trigger to really want to venture into your own personal appropriation, other than work policies that are set. So now I've looked at, I've taken time to look at companies, empowered companies, and Andela was one of them. It was used as a case study for a millennial survey that was going on a well back. So I find that in such a company, rarely will they lose their employees. So I tend to think they are things, they are measures that they do to incorporate the millennials. So my question is, are there cultures that are millennial friendly? Yes, you know, there's something called business leadership, I've tried to incorporate it in what I do myself. Business leadership or my... Well, you can state that as well. Yeah, whereby you don't tell an employee of yours, go, you tell them, let's go. And therefore, bosses, business leaders, CEOs, project administrators are looking at hindering them from leaving companies by being part of their lives. By showing them how to do it and not telling them to do it. By holding conversations that are, from mandate to mandate, it's all about work. The bossy relationship, it's bad. So bosses and CEOs are bringing in disruptive activities like team building sessions. You know, these leaves that they send you somewhere to go really look into your own personal life are bits that you will use the company to introduce you to yourself. So well, there are cultures that are millennial friendly, the research is going on because it's a new thing. People really, people are tired of losing brains. And then my final insight to probably CEOs or recruiters who are watching is that the higher character then train the skill, the character will sustain, will sustain the business. Yeah, and also for those in the workforce, I think we're just looking at the millennials. More training should go in the CEOs and the employers. I also think it will be very important. So what impact does this quitting have on mental health? Well, I'll use myself as a care study. It was not a seamless transition. Oh, you were once employed? Yes, when I was leaving the university, I wanted to get into a media house, grab a microphone, get to the field and report these things. And I dived in. Then, wow, this guy is called directors and producers, you know, and yeah, the things they do in those media houses. I didn't really, I didn't, there was no spark, there was no motivation. So I called it quit. I left my job and then I was like, okay, now I've left that job. Where am I going to do it? Myself, I was broke for a very long time. I couldn't call home for probably either emotional or financial support because they'll be like, wow. And here you are. So myself as a victim, it really affects if you don't have a forethought of it, if you don't have a strategy of it, stay where you are. But even in the staying, have it in mind that one day I want to be a free, independent person, but work and train your mind into seamlessly getting into what you want. So Socrates, as we close, tell, what advice would you give to the rising demographic of people who are quitting their jobs as the last statement you'll say before we wind up? Yeah. I mean, I would like to tell these people to hold on. Just hold on. Yes. Don't go with the fast. I mean, the fast is so confusing. Yeah. Redefine your purpose. Business looks good when you're making money, but it will send you to suicide when you're working on a negative. So how about the ambitions of your freedom? How about them? You're allowed to how about them? Yeah. But train yourself, dive into research, delve into things that accompany doing sole proprietorship. Yes. And then now when you're getting into it, make sure you have money, not to start the business. No. Money to sustain that business as you look forward to making huge profit margins. Yes. So hold on. Don't be on a rush. Talk to people who have done it. Talk to people who have failed. Not those who have made it. Yeah. Yeah. Share in their past frustrations. Yes. Trust me you, your transition will be seamless. Okay. So I'm sure there's a lot we could say on this topic, but unfortunately, time is not on our side. So thank you so much for joining us and staying with us throughout the discussion. In case you missed anything or you would want to revisit this discussion, you can find it in our social media page that is on YouTube at 2254 Channel. We will have the whole discussion there. Yeah. So until that's all, until next Wednesday, no, until next Tuesday. Bye-bye and keep it right 254 for more amazing programs and youthful vibes.