Small Business Labs

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New Coworking Video; GCUC Conference Presentations

Small Business Labs

It features the results of our coworking member survey.   The conference presentations are also available (registration required). Lots of good stuff, including presentations on the changing nature of the economy and work, the important role community plays and lots of cool information on the leading edge of workplace design.

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Academic Studies Show Gig Economy Larger Than Government Data Suggests

Small Business Labs

Several papers related to the gig economy presented last week at the American Economic Association annual meeting caught our eye.    Making Ends Meet: The Role of Informal Work in Supplementing Americans’ Income looked at data from the Federal Reserve Board's Survey of Household Economics and Decision Making (SHED).

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InboxQ's Excellent Twitter Q&A User Survey

Small Business Labs

I wasn't familiar with InboxQ until I saw a reference to a survey they'd done in Entrepreneur's Why Savvy Businesses Field Customer Questions on Twitter.  " Because of our blog, we get sent a lot of surveys to review.    To be honest, most are poorly done.    InboxQ&A did not do this. 

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NPR on the Gig Economy

Small Business Labs

    It was based on a gig economy survey they conducted with Marist Poll. The highlights from their survey are: NPR/Marist Poll Highlights. The highlights from their survey are: NPR/Marist Poll Highlights. Overall the survey results are consistent with the growing number of other gig economy surveys

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Many Working in the On-Demand Economy Are Business Builders

Small Business Labs

As part of this study, 6,427 providers who find independent work on twelve on-demand economy platforms were surveyed. And 91 percent of those surveyed said they like controlling when, where and how they work. For more see the study slide presentation here. The study report is here.

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According to T. Rowe Price, Gig Economy Workers Pay More Attention To Their Money

Small Business Labs

Rowe Price study  Financial Attitudes & Behaviors Toward the Gig Economy found that "participation in the gig economy makes workers more financially accountable"   As the study chart below shows (click to enlarge), 78% of the surveyed gig workers said they are more involved in their finances due to gig work.

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Most Small Businesses Started by Investing Less than $30,000

Small Business Labs

Census 2014 Survey of Entrepreneurs. Regular readers may remember back in 2014 we reported on a survey that said most small businesses are started with less than $10,000. This data is consistent with the Census data presented above. The data from the 2014 survey was for small businesses with fewer than 50 employees.

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