Small Business Labs

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It's Time to Upgrade U.S. Economic and Labor Statistics

Small Business Labs

Sometimes we post articles on topics few people are interested in.    This is such an article.      But you should be interested because the economic and labor data collected by government agencies no longer provide the information we need to properly understand and manage the U.S.

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Flurry of Articles on Micropreneurship

Small Business Labs

 Articles include: Why People Want to Be Micro-Entrepreneurs :  From Fast Company Co.Exist, this article covers a survey by micro-task site Fivvr on why people want to be micropreneurs.  The top reasons are job independence, frustration with the 9 to 5 grind and the money.

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The Pandemic Accelerated Rise of Ghost (Cloud) Kitchens

Small Business Labs

The global marketing agency Wunderman Thompson's article Ghost Kitchens covers the growing popularity of delivery-first dining and the related growth of ghost kitchens, which are also called cloud kitchens. The Wunderman Thompson article does a nice job of covering the trend, so we'll not bother rehashing their article.

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The FIRE Movement (Financial Independence, Retire Early) and Independent Work

Small Business Labs

The New York Times article  How to Retire in Your 30s With $1 Million in the Bank nicely covers the " growing movement of young professionals who are intently focused on quitting their jobs forever." Key article quote on the main drivers behind the movement: "Millennials especially have embraced this so-called FIRE movement.

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Yes, Celebrity Dogs, Cats and Even Hedgehogs Have Agents

Small Business Labs

The Dog Agency is a talent management company focusing exclusively on animal influencers. By   Key quote from the New York Times article This Instagram Dog Wants to Sell You a Lint Roller : There is now a talent agency based in New York that represents social-media celebrity animals. . 

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A Look at Non-Employer Businesses from the SBA

Small Business Labs

"Non-employer" is the terms used by government agencies to describe businesses that have a business owner, but no traditional (W2) full or part-time employees.   There's also a number of reasons why employer SMB numbers aren't increasing, but it's a longer story and we'll go into it in a later article

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The Rise of Internet Middlemen

Small Business Labs

.  Research by the London School of Economics finds that a new type of market intermediary, which they call agencies, are responsible for a stunning 27% of all workers hired at least once on Upwork.   This increases the likelihood that an employer will hire members of the agency. A good example is Airbnb.

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