Valuetainment - Episode 320 - New Clue Why Millennials Are Different

00:00:00.000 30 seconds. One time for the underdog. Technician sequence start. Let me see you put them up. Reach the sky, touch the stars up above. Cause it's one time for the underdog. One time for the underdog.

00:00:17.240 I'm Patrick Bedevi, host of iTunes. And today we're going to talk about the differences between millennials and boomers and Gen Xs and why millennials are the way they are. And is there a clue, a reason why they are the way that they are?

00:00:28.580 Here's one thing I believe as a cyclical cycle that happens. Listen, tough times produce strong people. Strong people produce good times. Good times produce weak people. One more time.

00:00:43.020 Tough times produce strong people. Strong people produce good times. Good times produce weak people. Let me explain. In a startup, if you ever work in a startup, it is tough times. It is not easy.

00:00:53.820 Every day you're about to go out of business. So whoever makes it during the startup time, they become strong people. Then the strong people together bring the good times. The good times is when an assistant had a few shares, gets a $600,000 check.

00:01:09.280 When one of the salespeople is making $1.5 million, your income. When one of the executives gets a $6.9 million check, because they were able to go through the tough times to the strong people to the good times.

00:01:20.400 But the good times, typically what it does, pain goes away. Standard gets lower. Everybody gets more casual. So guess what comes next? Weak people.

00:01:28.560 And guess what weak people produce? Tough times. How many companies have you seen went out of business? Sears, Blockbuster, all these other companies went out of business.

00:01:36.960 Tough times. They're great. Strong people. Good times. Then they went out of business. So now let's get right into it.

00:01:42.720 If this is correct, and if boomers and Gen Xs say that millennials are lazy, that millennials are distracted, that millennials, all they do is they're on their phone all the time,

00:01:53.340 who is the cause to the effect of them being lazy? So let's get right into it. Let's look at the four generations.

00:01:59.620 First, we have the silent generation. These are folks that were born between 1928 to 1945. Okay?

00:02:05.300 Then we have the boomers. They're born between 46 to 64. Then we have Gen X, born 65 to 80. And then we have millennials, born 80 to 2000.

00:02:14.440 So now I want to take a look at what were the toughest experiences each generation went through as these kids are growing up, right?

00:02:22.240 What impacted their lives? Obviously, if you look at the silent generation, they went through the Great Depression,

00:02:27.260 which probably the most difficult time in America, last 100 years. You're talking about a time where everybody was trying to stretch the dollar.

00:02:35.500 Literally, that saying is from that time where, hey, you eat a piece of this piece, bread, you eat a little bit of this.

00:02:41.720 Honey, did you make money today? Did you find a way to make money? No, babe. Oh my gosh. How are we going to make the rent?

00:02:46.720 I don't know what to do with the kids. They're cold. Don't turn on the AC, but it's cold. Don't turn on the heater.

00:02:50.840 Those were tough times. So imagine you're a kid. You're growing up watching mommy and daddy trying to survive.

00:02:55.960 That creates a certain level of toughness in your skin, right? World War II is also what they experienced.

00:03:01.980 Next, boomers. What did they experience? Vietnam War, sexual revolution, JFK, MLK, Robert Kennedy assassination, 0.86

00:03:07.580 Cuban Missile Crisis, Civil Rights Act, moon landing. That's what boomers experienced. 0.90

00:03:11.360 Now next, Gen X, Desert Storm, personal computers, Iranian hostage crisis, Rodney King,

00:03:17.260 dual income families, both husband and wife. Mom and dad will work in Watergate. That's Gen X. 0.98

00:03:22.320 Millennials. They have social media, video games, schedules. For the first time ever, kids have a schedule.

00:03:29.620 What do you mean? Well, on this day, he does this practice. On that day, he does this. On this day,

00:03:32.940 you take piano. On that day, you do this. On this day, you do this. That used to be something that royalty

00:03:37.560 families and political powers and millionaires would do. Now the regular middle income family

00:03:42.400 has schedules for their kids. Why? Because it's what millennials are going through. So what kind 1.00

00:03:46.360 of an impact has this had based on the thing I'm talking about? Well, look, technology-wise also

00:03:50.940 changes things. Silent generation, the technology they experienced was the Hoover Dam. Obviously,

00:03:55.960 a few other ones, but that was like, oh my gosh, we have the Hoover Dam. Boomers experienced the

00:04:00.720 microwave. The first time it came out, they were blown away. Gen Xs experienced anything handheld.

00:04:07.000 Cell phone, smart, all of this stuff, handheld. And for millennials today, technology,

00:04:11.320 you know what's advancement for them? Anything. Everything is limitless. Oh, are you kidding

00:04:14.600 me? We can do anything. They think anything is possible today because of the level of advancement.

00:04:19.260 So now, if this argument of tough times, strong people, good times, weak people is correct,

00:04:26.080 we can say no one had a tougher time than silent generation. That's tough times. Boomers, strong

00:04:33.040 people. Boomers produce Gen X, good times. Gen X produce millennials, weak people. If you, 0.84

00:04:41.680 say that they are lazy, that they are this, that they are that, well, then maybe this formula is

00:04:46.820 right that you're saying that. But now, let me give you another part of this. So for the boomers and

00:04:50.340 Gen Xs are saying, I told you I was right. That's why they are the way they are. They're so sensitive. 0.86

00:04:55.760 You can't tell them anything. It's always a fight. They don't want any constructive criticism.

00:04:58.760 Who's going to tell them the truth? Perfect. Remember cause and effect? Remember the whole thing

00:05:02.540 about cause and effect? Okay. Stay with me here. I remember back in 2006, 2007, I was thinking about,

00:05:11.400 you know, one day I'd like to get married. So I was talking to this man who was very successful.

00:05:14.420 I said, listen, how do you judge a great parent? He says, what do you think? I said, I think you

00:05:19.320 judge a great parent based on great kids they raise. He says, I used to think that as well. He said,

00:05:24.060 the way you judge a great parent is by their grandkids. If your grandkids do well, you did a

00:05:30.720 good job as a parent. Wow. Never thought about that before. Yeah. It has to be with your grandkids.

00:05:36.960 Interesting. So if you say anything bad about millennials, the finger gets pointed to boomers 0.97

00:05:43.720 and I know boomers don't like that because maybe you were too soft here and they became even softer.

00:05:48.840 Why? Here's why. So this influenced me to go a little bit deeper and say,

00:05:54.060 I'm curious to know which generation had which drug they kind of messed around with the most.

00:06:01.340 Okay. So I went to a website called drug abuse.com and they had a research done by substance abuse

00:06:06.260 and mental health administration, looking at which generation use which drug the most and during what

00:06:14.100 age, because a lot of times you may participate with drugs when you're younger. And obviously as it

00:06:18.180 gets older, you don't have a reason to do it anymore because your association changes. Watch this.

00:06:21.800 When you look at the colors of generations, you'll notice millennials are red. Gen X is green. Boomers 0.92

00:06:28.960 are yellow. And the lucky few, which is called the silent generation, it's the same thing. 0.90

00:06:33.380 They are blue. But let's take a look at this. Marijuana. A lot of times people say, well,

00:06:37.540 marijuana has got to be the younger people smoking more weed than anybody else. Nope. Boomers smoked the 0.91

00:06:42.180 most weed. Okay. Cocaine. Oh, cocaine has got to be right now. It's just, it's either right now or Gen X's.

00:06:47.240 Nope. Boomers used the most cocaine according to the study. Don't get upset at me. This is this study.

00:06:53.440 Boomers partied very hard is what boomers did. But you know what's the one drug that concerns me the 1.00

00:06:59.200 most? Here's what's the one drug that concerns me the most. Ready? Painkillers. Look at this chart here.

00:07:04.420 Who's at the top? Who's even close? Who's even a close second? Nobody. Millennials are taking more 1.00

00:07:12.920 painkillers than anybody else. Why? Because the generations prior to that want to remove any kind

00:07:20.760 of pain that millennials are going through. Every time there's any kind of pain, take this, go do this.

00:07:26.980 Oh, poor you. Take this. No, baby. He needs to take this. Painkillers, painkillers, painkillers.

00:07:31.280 It's become the painkiller generation. So, but you can see and point fingers to millennials, 1.00

00:07:35.800 but you can't blame it on the millennials. It's a cause and effect. We can't sit there. It's all

00:07:41.780 their fault. The point I'm trying to make to use the following, watch this. One of the greatest

00:07:46.260 things that we need to win in life is pain. You need pain. A startup needs pain. Baby, I watched my

00:07:53.560 wife have three kids. I mean, I'm like, I cannot tell you the pain this woman went through. But when the 0.96

00:07:59.320 baby's on her chest, the tears coming down, the connection, the first time I held my daughter,

00:08:02.600 I couldn't stop crying. But I saw what she went through. It was a complete different thing.

00:08:07.220 Businesses, all of it requires pain. But what's, this is what, this is what's happened over the

00:08:10.160 years. Silent generation had the most pain. Then boomers, then Gen X, then millennials. Lesser the 0.53

00:08:16.080 pain, the lesser the threshold of being able to take pain. Sensitive, out, out, out, out, out, out. So

00:08:22.460 now watch this. This is one side of the argument. The last side of the argument I'm going to make

00:08:26.760 choose the following. You know when people say, well, I don't like the fact they're always on

00:08:31.320 their phone. Every single time they're on their phone, phone, phone, phone, phone, phone,

00:08:34.360 phone, social media. Like, like, like, like, like, like, like, like, like, like, like, folks,

00:08:36.840 picture, all this other stuff, right? I don't like it. I don't think it's healthy. Fine. No problem.

00:08:42.080 No matter who you are, what age you are, no matter what generation you're from, all of us like this

00:08:48.700 dopamine injection we get. And we all get it in many different ways. Some is through food. Some is through

00:08:53.560 sex. Some is through TV. Some is through exercise. Some is through drinking. Some is 0.72

00:08:57.480 through drugs. Some is through social media. Some is through travel. Some is through a lot

00:09:01.080 of different things, right? So watch for the boomers and millennials that are watching this. Let me ask

00:09:06.220 you a question. Would you like to see millennials replace their form of dopamine, which is social

00:09:13.780 media replaced with the form of dopamine that boomers got when they were that age? You see,

00:09:19.260 if you're going to make that argument, you kind of got to look at it all different ways. So now I'm not

00:09:22.960 trying to put the blame on boomers. I'm not trying to put the blame on millennials. I'm

00:09:27.380 not trying to put the blame on Gen X. All I'm saying is we cannot just make a blanket statement

00:09:32.280 and say they're lazy. We cannot just make a blanket statement and say it's millennials' fault

00:09:36.340 or boomers' fault or Gen X's fault. We have to look at the whole package. But here's the truth. 0.95

00:09:40.000 Listen, many times if you're watching this and you're a millennial, millennials may say,

00:09:46.920 I knew it. It was mommy's fault. It was daddy's fault. It was grandpa's fault. It's all

00:09:52.040 your fault. Watch this. It's your fault. Listen, millennials, let me just simplify it for you. 1.00

00:09:56.400 If this argument is right, I would be worried because whoever's generations are before you,

00:10:02.360 they're going to die off. Our generation is going to die off. The world is going to be yours. The 0.98

00:10:07.620 country is going to be yours. So if this is true, these times are coming for you and your kids,

00:10:13.320 if it is true, right? So what does that mean? Pat, what are you trying to say to me?

00:10:17.060 I went to a concert one time back in 2005, 2015. And this guy named Dariush, my brother-in-law took

00:10:24.680 me. I've told this story many times. He gets up at the end. He says, I want to talk to all the

00:10:28.340 younger audience here. Here's what I want to tell you. He says, I see the eyes. I see your fire. I

00:10:33.200 see you guys are so excited about life. He says, I remember when I was young and so ambitious and I

00:10:37.240 had the wolf in me, right? He said, just remember this. Make sure the young wolf in you takes care of

00:10:44.260 the old wolf that one day you will be. Again, make sure the young wolf in you takes care of the old

00:10:50.860 wolf that you one day will be. So rather than sitting here and pointing fingers at anybody,

00:10:55.740 it doesn't matter. It's too late. It's too late. You can't point fingers and do anything. The

00:11:00.420 generation has already been done, but it's not too late for you to decide to be a leader of your

00:11:04.900 generation. It's not too late to look at this and say, maybe some of this is right. Maybe I got to be a

00:11:10.820 little bit self-aware. Maybe I do need to make some adjustments. Maybe I do need to do something.

00:11:15.760 Maybe I need to kind of change the part about here. I don't want to be a statistic. I don't

00:11:19.040 want to be part of this. I want to be strong. So then the next time, every time you experience pain,

00:11:23.080 don't just flight, don't run away. So I don't want to deal with it. Another argument. I don't want

00:11:27.760 to do. Why are you calling me? I want to take a little bit of constructive criticism from the

00:11:31.160 people. Be willing to hear some people out. That's for you and boomers and Gen Xs. The next time 0.99

00:11:36.740 you're tempted to say millennials are lazy, study a little bit more. Everybody's got to do a little 0.92

00:11:43.180 bit with this whole thing taking place. Educate. Get deeper. Encourage. Inspire. Get someone or the

00:11:49.840 millennial to say, maybe I want to be the chosen one. Maybe I want to be a strong leader. Maybe I

00:11:54.300 want to be that example for that generation. So having said that, look, pain is pain, but pain is a

00:11:58.700 beautiful thing. Without pain, great things don't happen. Thanks everybody for listening. And by the way,

00:12:03.300 if you haven't already subscribed to Valuetainment on iTunes, please do so. Give us a five star,

00:12:08.820 write a review if you haven't already. And if you have any questions for me that you may have,

00:12:12.400 you can always find me on Snapchat, Instagram, Facebook, or YouTube. Just search my name,

00:12:17.340 Patrick VidDavid. And I actually do respond back when you snap me or send me a message on Instagram.

00:12:23.340 With that being said, have a great day today. Take care everybody. Bye-bye.

Valuetainment - June 14, 2019

Episode 320 - New Clue Why Millennials Are Different

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