Scott Gerber and Ryan Paugh
Scott Gerber and Ryan Paugh
Organization: Young Entrepreneur Council

Scott Gerber, 28, admits that he doesn't know what it's like to have a "real" job. In fact, he wrote a book about it. He and business partner Ryan Paugh, also 28, think other Millennials should consider passing on so-called real work. The pair founded the Young Entrepreneur Council -- an invite-only organization of 500 entrepreneurs all under 40 -- to educate, mentor, and introduce Millennials to the startup world.

YEC-affiliated companies like Klout, LivingSocial, and College Hunks Hauling Junk claim to have created 20,000 jobs since the organization was founded in 2010. "We need to establish that idea that entrepreneurship is a viable career path in the [Gen Y] psyche," argues Gerber. "When you're talking to someone who is only five years older than you, someone who has really done it, it seems a lot more attainable, relatable, and plausible."

Editor's note: A previous version of this slide incorrectly referred to Scott Gerber and Ryan Paugh's organization as the Youth Entrepreneurship Council. The organization is called the Young Entrepreneur Council.


  @FortuneMagazine - Last updated August 10 2012 02:20 PM ET
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