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THE WORKPLACE - GEN ZERS WANT TO BE THEIR OWN BOSS.CAN THE CORPORATE WORLD WOO THEM BACK?

Fortune US

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February - March 2025

CHASE GALLAGHER WAS 12 years old when he started mowing his neighbors' lawns in Chester County, Pa., for $35 a pop in the summer of 2013. At first the Gen Zer had only two customers, but thanks to some aggressive leafleting, he had 10 clients by the following year.

- ORIANNA ROSA ROYLE

THE WORKPLACE - GEN ZERS WANT TO BE THEIR OWN BOSS.CAN THE CORPORATE WORLD WOO THEM BACK?

Today, Gallagher's landscaping business employs 10 people and does “everything from stormwater management and drainage work to pavers and lighting,” he says. Last year, CMG Landscaping generated more than $1.5 million in revenue; meanwhile, many of his peers were still finishing their bachelor's degrees.

It's rare, of course, for an old-school pocket-money job to become so lucrative. But Gallagher says it's exactly what he's been plotting since the age of 10. “No one would hire me, because in the state of Pennsylvania, you have to be 14 to get a job,” the now 23-year-old recalls. “In between school, I would sit there on the couch, and I remember I'd be googling, ‘How to make money.’”

Gallagher's childhood hustle fits the classic founder narrative. What's just as striking is his attitude toward traditional employment. Looking back, he thinks following his parents' preferred path—attending college and then landing a steady job—would have been a bigger risk than going solo. “My mom has been laid off from five different jobs,” he says. “I have way more potential betting on myself than going to work for someone.”

For the generation that grew up playing on a smartphone instead of climbing trees, Gallagher's beliefs are surprisingly common—and turning one's hand to entrepreneurship isn't at all far-fetched.

The second-fastest-growing job title among Gen Z grads right now is “founder,” according to LinkedIn. Nearly two-thirds of people ages 18 to 35 say they've either started a side gig or plan to start one, according to research from software firm Intuit—and nearly half of those surveyed say their primary motivation is to be their own boss.

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ANTHONY SCARAMUCCI strides into the seaside ballroom of Bermuda's plush Hamilton Princess Hotel, sporting a well-tailored suit, a spangled American flag pin, a Mickey Mouse watch, and plenty of hair gel.

time to read

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Fortune US

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INVEST IS IT SAFE TO GET BACK IN THE IPO WATERS?

INVESTORS kicked off 2025 hoping to see the healthy return of what had become a rare species: the initial public offering, or IPO. After three years of stalled transactions and historically low deal activity, many believed the Trump administration would prioritize deregulation and economic growth, triggering a healthy flurry of new IPOs in the process.

time to read

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BIG OIL'S GREEN RETREAT

In 2005, BP was No. 2 on the Fortune Global 500 and was carving out a role as an early adapter to the green energy transition. Now there's speculation about whether the struggling $85 billion supermajor will survive as a freestanding company.

time to read

7 mins

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POLITICS: GEN Z'S WAKE-UP CALL TO CORPORATE AMERICA

SEBASTIAN LEON MARTINEZ had pounded the pavement for New York City mayoral candidate Zohran Mamdani from frigid 23-degree cold snaps in January to the 100-degree day in June when the young democratic socialist stunned the political establishment by winning the primary for the Democratic nomination.

time to read

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MOVE FAST AND REMAKE THINGS

AI is transforming every industry— and we may look back on this moment as the calm before the storm.

time to read

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THE LEGACY OF REGENERATION

On the edge of the Saudi coast, where turquoise waters kiss untouched coral reefs and mangroves hold natural wisdom in their roots, Red Sea Global is rewriting the rules of travel. This isn't luxury for luxury's sake—it's a vision that fuses ambition with conscience, and aesthetics with science. And at its heart is one simple, radical idea: regeneration.

time to read

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Can Alexandr Wang Bring Meta AI Supremacy?

The 28-year-old startup founder has been tapped by Mark Zuckerberg to lead an AI dream team with hundreds of billions in resources and orders to achieve superintelligence. No pressure.

time to read

8 mins

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