Martha Stewart issued a wake-up call and blasted millennials as a lazy generation.
The millionaire lifestyle guru slammed many of the coddled youth for being self-indulgent and lacking initiative.
“I think every business is trying to target millennials,” she said in an interview with Luxury Listings NYC.
“But who are millennials? Now we are finding out that they are living with their parents,” Stewart said. “They don’t have the initiative to go out and find a little apartment and grow a tomato plant on the terrace.”
“I understand the plight of younger people,” the author and lifestyle expert said. “The economic circumstances out there are very grim. But you have to work for it. You have to strive for it. You have to go after it.”
Stewart knows a thing or two about working and striving.
“I got married at 19 and I immediately got an apartment and I fixed it up,” she said. “I was very proud of everything I did. I got the furniture at auctions for pennies. Beautiful furniture. My apartments were lovely and homey and comfortable.”
The 74-year-old TV personality has been successful in publishing, broadcasting, merchandising, and electronic commerce. She was born into a middle class New Jersey family and began modeling in her teen years before becoming a stockbroker. With the publication of her first cookbook in 1982, Stewart was launched into her successful career as a businesswoman.
Stewart made headlines for being indicted by the Department of Justice in 2004 for lying to investigators and insider trading. Unlike a certain Democratic presidential nominee, she was sentenced to a five-month term in a federal correctional facility.
“They don’t know anything and they have to learn,” Stewart said of millennials. “They want to learn but they have grown up without teachers.”
“They know how to make money and how to develop software, but they don’t know how to plant a tree. They don’t know how to grow spinach,” she said.
Stewart, who has no plans to retire, last year sold her company Martha Stewart Living Omnimedia which was once worth $2 billion. Ironically, she now works as chief creative officer at Sequential Brands Group for a CEO who is less than half her age.
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Frieda@bizpacreview.com
Originally from New York, Powers graduated from New York University and eventually made her way to sunny South Florida where she has been writing for the BizPacReview team since 2015.
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