By Vadim Fiddle and Lobo Tiggre
For generations, young people have been given one formula for success: “Study hard, get good grades, go to the best university, and by hook or by crook, get a well-paying corporate gig that will set you up for life.”
If this formula ever worked, it’s broken now.
Millions of young people have learned the hard way that universities provide little of the practical knowledge required for success — or even getting a job — in the ever-changing, just-in-time global economy. There is no such thing as a job security.
The “lucky ones” who get positions with the big corporations quickly learn that this is a modern form of serfdom. They often feel alienated and frustrated, without any “skin in the game” giving them a piece of the brighter future.
Add to this mix increasing levels of automation, which is eliminating hundreds of millions of jobs around the world — and with AI help, it’s not just unskilled labor.
So, what should young people do? Despair? Not at all!
Remember the process economists call “creative destruction.” Yes, the old way of doing things is dying, but new ways are being born. Innovation is creating millions of new professions, spearheaded by this wonderful group of people called entrepreneurs. Entrepreneurship is hard work, but it gives people the chance to create whatever life they want. Entrepreneurs don’t wait for permission to live their dreams — they do it! Just look at Steve Jobs and Elon Musk, as two examples of what’s possible. And entrepreneurship offers a critical key to health, not just wealth: the ability to choose who you work with.
Ultimately, entrepreneurship is a path — arguably the best path — for achieving purpose and personal freedom in life.
On August 25–29, we will be conducting Cycle Freedom Entrepreneurial camp in Lithuania.
OUR VISION: We see the entrepreneurial and creative spirit as a sustainable path to personal freedom. And personal freedom is the key to a freer society. There can be no liberty in a world in which no individuals understand, value, or exercise their freedom.
OUR GOAL: To help young people take the next steps in their life journey, explaining the entrepreneurial perspective and giving them practical know-how they won’t find anywhere else.
We will be conducting open discussions about most important challenges in the constantly changing world. Students can ask difficult questions and get specific advice and perspective from proven entrepreneurs. This event’s intention is to deliver the knowledge participants need to identify entrepreneurial opportunities and to scale businesses from startups to successful companies. We will exchange experiences, get to know each other, and participate in the community of entrepreneurs spearheading positive change around the world.
If you are a student, we hope you’ll join us for the latest edition of what has been a trans-formative, life-affirming experience for many young people over the years.
To find out more about who we are and what we plan to share, please visit our web site https://www.cyclefreedom.lt/.