Small Business Labs

JANUARY 19, 2021

   In the Barron's article Poshmark CEO Sees Huge Market for Used Goods. Poshmark is a social e-commerce platform where people buy and sell secondhand goods, mostly used clothes.    It went public last week and closed its first trading day worth $3 billion.   " Social selling isn't new. 

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Small Business Labs

MAY 12, 2020

There's been a recent flurry of articles suggesting that the economic recovery will not be V-shaped or quick.    Instead, the articles suggest it will likely take 2-3 years to fully recover from the pandemic induced recession.    Key quote: But in most places, it will be anything but business-as-usual.

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Small Business Labs

DECEMBER 4, 2018

.  As we pointed out last week , there's a lot confusion around what is and is not "coworking"   We still like the definition we've used since 2010.  But This is leading to new definitions of coworking, or at least the expansion of the definition to include a wide variety of spaces.

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Small Business Labs

MARCH 5, 2018

A fun demography fact is there aren't official definitions of generational cohorts*.    Making this even more fun, different people and groups often use different definitions and even different names for the various cohorts. So we're going to switch to their generation definitions. So Post-Millennials it is. 

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Small Business Labs

NOVEMBER 27, 2018

  The spaces were also definitely low end.   But as Christensen points out in his 2015 HBR article What is Disruptive Innovation : as incumbents focus on improving their products and services for their most demanding (and usually most profitable) customers, they exceed the needs of some segments and ignore the needs of others. . Located

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Small Business Labs

JUNE 14, 2018

We also recommend the New York Times article Maybe the Gig Economy Isn't Reshaping Work After All. We also  have an article  that goes into more detail on the CWS definitions.    We'll have yet more on the CWS in the near future.

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Small Business Labs

NOVEMBER 25, 2019

"  Key article quote on the technologies: One day soon an emerging technology highlighted in this report will allow you to virtually teleport to a distant site and actually feel the handshakes and hugs of fellow cyber travelers. These forecasts were obviously wrong.  

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Small Business Labs

AUGUST 22, 2016

SIA has a broad definition of gig work that is very similar to one we use. As a note, Staffing Industry Analysts’ definition excludes firms such as Airbnb and Zipcar that are part of the “sharing economy” but not part of the gig economy. Statement-of-work consultants employed by a consulting firm, 1.9%.

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Small Business Labs

FEBRUARY 11, 2016

The article chart below (click to enlarge) shows the tech startup that has raised the most money by state. the article also shows how quickly things move. Since the article was published on January 25th, Florida's Magic Leap announced a $793 million dollar C round.

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Small Business Labs

JANUARY 18, 2016

Last week in our article Confusion Reigns Over the Number of People Working in the Online Gig Economy  we reported that a recent study developed jointly by Burson-Marsteller, The Aspen Institute’s Future of Work Initiative and TIME found that 45 million Americans have worked in the on-demand economy. So who’s right?

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Small Business Labs

JUNE 2, 2015

  The GAO's definition of contingent covers the broad category of workers who aren't full-time, permanent employees. The GAO includes the following in their definition: Agency temps: (1.3%). It also helps answer the question asked in the HBR article Where are all the Self-Employed Workers?

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Small Business Labs

MAY 29, 2018

Households in future articles.  .  Key quote on The Fed's findings on the size of the gig economy: "Overall in 2017, 31 percent of all adults engaged in gig work in the month before the survey, up slightly from 28 percent in 2016." " As with all studies, it's important to know how the gig economy is defined.

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Small Business Labs

FEBRUARY 13, 2018

  They've also written an article - Shared Space: Coworking's Rising Star - summarizing their results.  The reasons for the disparity have to do with definitions and methods. Yardi Matrix , a provider of real estate industry data and research, has released an interesting coworking study. 

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Small Business Labs

OCTOBER 30, 2018

.  The quick summary of that article is the trends driving the interest in the FIRE movement are similar, and in some cases the same, as the trends driving the growing interest in independent work. While the FIRE movement is definitely gaining momentum, it's not without it's critics.

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Small Business Labs

MARCH 13, 2017

  The chart below, from her MIT Sloan Review article The Corporate Implications of Longer Lives , illustrates this shift.  These people are already fitting into Gratton's definition of a multistage life.  Our  Baby Boomer section  has additional articles on this and related topics.

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Small Business Labs

DECEMBER 15, 2015

The article is based on studies by the authors and taken from their soon to be released book Agile Talent  (I've already pre-orderd my copy). The article answer this question nicely with a succinct list of the 5 key reasons: The Top 5 Complaints of Executives Regarding External Talent 1.

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Small Business Labs

SEPTEMBER 17, 2015

Key quote from the article, which is written by a MIT engineering professor: I nonetheless believe that the slowdown is due, in part, to an acceleration of “near-shoring,” the practice of producing closer to the customer. The article lists 4 main drivers of the shift to near-shoring: Lower US energy prices.

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Small Business Labs

NOVEMBER 24, 2015

But with non-employees increasingly bringing much-needed talent, companies need to broaden their definition of what it means to be a “great place to work.”. The article is authored by myself and Gene Zanio, CEO of MBO Partners, and is based on research conducted as part of the 2015 MBO Partners State of Independence study.

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Small Business Labs

FEBRUARY 18, 2016

As the article points out, there's broad agreement that most of the sharing economy companies - Uber, Airbnb, etc.   So we collectively need to decide on a set of terms and common definitions. This is what do we call what continues to be commonly called the  "sharing economy""?

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Small Business Labs

SEPTEMBER 22, 2015

The New York Time's article A Toxic Work World nicely summarizes the growing Darwinian nature of traditional jobs.   The article's author suggest a number of policy and legal changes to make it work easier and more flexible.   The article points out going independent is not easy.

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Small Business Labs

AUGUST 31, 2015

But since I called them a "leading, global analyst firm" and pitch them again at the end of this article, I'm hoping they'll be OK with me "borrowing" a bit from their report. It's only available to their members. The drivers get the other 80%. 

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Small Business Labs

JULY 6, 2017

The Mastercard report is a little hazy about what they are including and not including in their sharing economy definition. As the World Economic Forum article  The numbers that make China the world’s largest sharing economy  points out, China's sharing economy is large and growing rapidly.

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Small Business Labs

JULY 20, 2015

According to a recent Mashable article  Yuccies are: In a nutshell, a slice of Generation Y, borne of suburban comfort, indoctrinated with the transcendent power of education, and infected by the conviction that not only do we deserve to pursue our dreams; we should profit from them. All Slashies should read this.

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Small Business Labs

AUGUST 2, 2016

In terms of share of the market, coworking will still be small to tiny in 2020 depending on your market definition. See our 2010 article What's the Definition of a Coworking Facility in our old Coworking Labs Blog for our definition.  So is this forecast reasonable? In the U.S. One last point.

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Small Business Labs

JUNE 23, 2015

My first thought was to write a long article listing the reasons. But I decided it would be easier to reference the articles already out there that present a balanced view of this decision. As policymakers, we should begin discussing whether our 20th-century definitions work in a 21st-century economy. Fast Company Co.

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Small Business Labs

NOVEMBER 2, 2015

.  BTW, if you're interested in what's happening with startups or venture capital you should definitely subscribe to CB Insights' newsletter  and/or follow their blog. According to the article, it's not just pet startups attracting investor attention. Back to pet startups.

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Small Business Labs

SEPTEMBER 24, 2019

First, AB5 has a long list of professions that are exempt from the law (see the end of the article for the list).    The legislation is quite vague in its definition of “business service provider,” so the courts will have to sort out exactly who is exempt. This is not correct.

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Small Business Labs

JUNE 2, 2016

  Second, the article says Level Office paid $4.3 The article didn't mention build out costs, but they will likely be substantial.  BTW, we may have to change our definition of "big coworking"; 250 members no longer seems very big.

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Small Business Labs

APRIL 19, 2016

Key quote from the article: The NTRS data shows that while men are still the most prevalent consumers of the on-demand economy (55%), 45% are women. As the article chart below shows, even those who are not big fans of technology are starting to use on-demand services (see the article for the definitions of each segment).

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Small Business Labs

JANUARY 22, 2013

Most articles and studies define Big Data as: a collection of datasets so large and complex that it becomes difficult to process using traditional database management tools or data processing applications. When we asked experts to define Big Data, they consistently gave us some form of this definition.

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Small Business Labs

DECEMBER 22, 2015

Key quote from the HBR article: America is producing ample prosperity. Large   Further supporting the articles listed above, the Pew study found the share of Americans with middle class incomes has declined from 61% in 1971 to 50% in 2015.   Both focus on the failure of the U.S.

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Small Business Labs

MARCH 21, 2016

Key quote from the Guardian article from a millennial who's very nervous: “I’m definitely scared, mostly because I’m paying so much for myself and for my student loans, so I can’t put that money into a nest egg,” she said.   These factors are making people very nervous and even scared about the future.

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Small Business Labs

AUGUST 31, 2021

There is no standard, widely accepted definition. TechCrunch's article Fortnite's Ariana Grande concert offers a taste of music in the metaverse describes the integration of the metaverse and popular music artists. So what is the metaverse? Facebook's video below provides more details on the virtual conference room.

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Small Business Labs

OCTOBER 20, 2015

  The article also points out minimum wage job holders are older and better educated than in the past. The article chart below illustrates this. There is definitely a dark side to the gig economy and better worker protections need to be put in place.

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Small Business Labs

JUNE 24, 2015

Key quote from a Fast Company article  on his plans: "The biggest problem that our students would always have at General Assembly is how do they find low-cost, flexible housing that has some of the same community values that we built," he says. "Many WeWork's not the only company interested in coliving. 

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Small Business Labs

MAY 1, 2014

So hot that last Sunday's lead article in the New York Times style and fashion section was about Piketty. Capital in the 21st Century , by French economist Thomas Piketty, is currently the top seller on Amazon and the hottest economics book in many, many years.

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Small Business Labs

NOVEMBER 3, 2016

Key quote from Wired's article on Uber's plans : Within five years, according to the white paper, Uber expects the market to produce a fully electric, vertical-takeoff-and-landing plane that can fly 100 miles at about 150 mph, carrying multiple passengers and a pilot. There were a number of helicopter accidents back in the 1980s.

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