Generations at Work: How Demographics Shape Business Success

In this episode of the Wealth Elevator Podcast, host Lane chats with seasoned business advisor and Vistage Chair, Thomas Tomasevic about the importance of applied knowledge and delves into various generational attributes within the workforce. They discuss the Baby Boomers, Gen X, Millennials, Gen Z, and upcoming Generation Alpha, including their impacts on the job market and economic landscape. Thomas offers insights on bridging the gap between different generations and the critical importance of adaptability. They explore how generational beliefs shape workplace dynamics and the challenges faced by businesses in integrating younger generations. Additionally, the podcast touches on macroeconomic trends and the potential implications of AI and robotics on the workforce. Reach out to Thomas https://t2team.com/

00:00 The Power of Applied Knowledge
00:53 Introduction to the Wealth Elevator
01:46 Generational Insights with Thomas Tomasevic
05:28 Understanding Generations and Their Impact
07:32 Defining Generations and Their Characteristics
12:21 Generational Shifts in Technology and Knowledge
16:23 The Dunning-Kruger Effect and Generational Confidence
20:38 Generational Beliefs and Economic Cycles
22:56 The Silent Generation and Baby Boomers
39:27 Baby Boomers in the Workforce
43:37 Re-engaging Baby Boomers in the Workforce
44:31 Generation X: The Current Leaders
45:06 Millennials and the Workforce Gap
46:24 The Future of College Education
50:15 AI's Impact on Employment
56:09 Generation Y: Collaborative and Impact-Oriented
01:03:17 Generation Z: Challenges and Opportunities
01:14:49 Global Population Trends and Workforce Integration
01:24:48 Understanding Employer Expectations
01:25:50 Bridging Knowledge Gaps for Success
01:26:35 Challenges in Youth Education
01:27:52 Generation Z and the Workforce
01:32:31 Work from Home Dynamics
01:43:14 Millennials' Workplace Challenges
01:55:22 Economic Future and Workforce Trends
02:04:54 Concluding Thoughts and Contact Information


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Lane Kawaoka is a developer and multi-family syndicator who owns 10,000+ rental units and is the leader of “Hui Deal Pipeline Club” which has acquired over $2.1 Billion AUM of real estate by syndicating over $200 Million Dollars of private equity and most importantly distributed more than $45M back to our investors since 2016.

Check out our Top-50 Investing Podcast, The Wealth Elevator.