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
Join the Conversation

Incessant exposure to negativity isn't just a drag -- it's actually bad for your brain, researchers say. Here are some ways to protect yourself.

Market indexes are shown in real time, except for the DJIA, which is delayed by two minutes. All times are ET. Disclaimer LIBOR Warning: Neither BBA Enterprises Limited, nor the BBA LIBOR Contributor Banks, nor Reuters, can be held liable for any irregularity or inaccuracy of BBA LIBOR. Disclaimer. Morningstar: © 2014 Morningstar, Inc. All Rights Reserved. Disclaimer The Dow Jones IndexesSM are proprietary to and distributed by Dow Jones & Company, Inc. and have been licensed for use. All content of the Dow Jones IndexesSM © 2014 is proprietary to Dow Jones & Company, Inc. Chicago Mercantile Association. The market data is the property of Chicago Mercantile Exchange Inc. and its licensors. All rights reserved. FactSet Research Systems Inc. 2014. All rights reserved. Most stock quote data provided by BATS.