Close Menu
BestNewsOnline
    Facebook X (Twitter) Instagram
    BestNewsOnline
    • Retirement planning
    • Insurance
    • Real estate
    • Subscription
    BestNewsOnline
    Home»Personal Finance»“The most disappointing generation” according to Mark Cuban: Boomers against Zoomers
    Personal Finance

    “The most disappointing generation” according to Mark Cuban: Boomers against Zoomers

    November 5, 20223 Mins Read
    WhatsApp Facebook Telegram

    Dallas Maverick owner and billionaire entrepreneur Marc Cuban believes that the baby boomer generation started with the right idea, but only declined since the 60s and 70s.

    “Baby boomers will go down in history as the most disappointing generation ever, from sex, drugs and rock and roll to what we have today,” he said. Adam Grant on the “Re:Thinking with Adam Grant” podcast.

    See also: Elon Musk disagrees with study warning of economic growth collapsing before year 2100 due to physical limitations

    What do you want to know: Baby boomers have gone “from fighting man to being everything hated in the 60s and 70s,” Cuba continued in a Tweeter on Sunday. He was responding to one of his followers, who mentioned a Fortune article on the podcast episode as “distorted”.

    “The core technologies Cuba used to become a billionaire and zoomers use to ‘quietly quit’ were largely created by baby boomers,” Cuban followed on Twitter, @GoGreen566wrote.

    While both agree that baby boomers pave the way for Zoomers (those born between 1995 and 2010), it is the latter who Cuba says will become known as the “biggest generation.”

    “They consider all the ingredients when making decisions, and I think that’s beautiful,” Cuban said.

    Speaking of workplace culture, Cuban attributes the paradigm shift taking place, with employees gaining more power by seeing themselves as “free agents” and organizations needing to earn back employee trust “every day,” to Gen Z.

    It’s down to “tax, financial and personal health balance, isn’t it, because either you accommodate it for your employees and customers or they’ll find someone who will,” he said. said Cuban on the podcast, as reported by Initiated.

    The fiscal, financial and personal balance that Cuba refers to is a phenomenon strongly associated with Gen Z employees, who largely choose to define themselves less on what they do for work and more on what they do outside of it. work.

    “While other generations thought their identity started at 9 a.m. and ended at 5 p.m., Gen Z often feels their identity begins outside of work,” said Jason Dorseya Gen Z expert and founder of the Center for Generational Kinetics, for Fortune in August.

    The new way of thinking has sparked a rise in “silent quitting,” where employees only do what is necessary for their jobs to maintain their sanity and work/life balance.

    Cuban thinks the way Gen Z views work, life, and the importance of “emphasizing mental balance” puts more pressure on organizations to re-evaluate their practices.

    “I think organizations will have to understand this more and more as we move forward. Not just for how you treat your employees, but also for what your customers expect.”

    See also: Mark Cuban Says “Pharma Bro” Martin Shkreli Inspired His Pharmaceutical Company Cost Plus

    Photo: Courtesy of Skidmore Gage on flickr

    See more Benzinga

    Don’t miss real-time alerts on your actions – join BenzingaPro free! Try the tool that will help you invest smarter, faster and better.

    © 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

    Add A Comment
    Leave A Reply Cancel Reply

    What's hot

    American recession 2023? Take a look at the news on investing, real estate and the housing market ahead of the new year

    December 4, 2022

    Tracking the LTC Market – InsuranceNewsNet

    November 1, 2022

    Waco hotels; King Noodle entering; gas prices; Real Estate Insights

    December 31, 2022

    Caesars Ohio promo code: $1,500 first bet insurance for late NFL games

    January 1, 2023
    Don't miss

    The housing market is worse than you think

    November 4, 2022

    🌱There’s still time to enter the Top Workplaces contest + Real estate news

    December 21, 2022

    Chicago Atlantic Real Estate Finance, Inc. (NASDAQ: REFI) Declares Quarterly Dividend of $0.76

    December 17, 2022
    Picked for you

    LACERA invites tenders for the system’s emerging real asset management program

    Retirement planning February 2, 2023

    The Los Angeles County Employees Retirement Association invites proposals from qualified companies to implement the…

    BestNewsOnline.net is owned and managed by

    Top10 International FZ LLE
    Office 2002, 20th Floor, Creative Tower
    Fujairah, United Arab Emirates
    TRN: 100608946800003

    • Home
    • Contact us
    • Privacy policy
    • Terms and services

    Type above and press Enter to search. Press Esc to cancel.