Small Business Labs

Most Millennials Think Starting a Business is Risky

Small Business Labs

According to a report from the global financial giant UBS , 72% of Millennials say starting a business appeals to them. But at the same time, most say it's too risky to do.

2018 213

Duluth's Booming Artisan Economy

Small Business Labs

Duluth's Lincoln Park neighborhood was until recently a rundown section of this lake front city in Minnesota, with many empty storefronts and buildings. But now Lincoln Park is the center of a new artisan business boom.

2018 225

The Return of Independent Bookstores

Small Business Labs

In 1936 George Orwell pointed out that one of the main difficulties of owning an independent bookstore is turning a profit. This, of course, was long before Amazon.

2018 207

This Old Marketing Farewell Episode: Sometimes the End Is a Beginning

Small Business Labs

PNR: This Old Marketing with Joe Pulizzi and Robert Rose can be found on both iTunes and Stitcher. . In our grand finale episode, Robert kicks things off by pondering the decision to end something, so that something else can begin.

2017 282

Coworking's Unstoppable Market Growth

Small Business Labs

Liquidspace's Q4, 2017 U.S. Flexible Office Report covers the continued growth of coworking and other forms of flexible offices.

2018 184

Samaschool's "The Future of Work is Independent" Report Series

Small Business Labs

Samaschool is a nonprofit focused on preparing low to moderate income job seekers to succeed as independent workers. Their flagship program is an 8 hour course on how to succeed as a freelancer. 

2018 149

Study Finds U.S. Has 27 Million Square Feet of Coworking Space

Small Business Labs

Yardi Matrix , a provider of real estate industry data and research, has released an interesting coworking study.    They've also written an article - Shared Space: Coworking's Rising Star - summarizing their results. 

2018 222

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

Small Business Labs

The invest and mutual fund firm T.

2018 157

Social Isolation - Not Just Loneliness - a Health Risk Reduced by Coworking

Small Business Labs

Social isolation and loneliness are related, but not the same thing.    Social isolation refers to having relatively few relationships and/or infrequent contact with others.  Loneliness

2018 217

Global Coworking Forecast: 30,000 Spaces and 5.1 Million Members by 2022

Small Business Labs

We recently released our new coworking forecast for 2018-2022.    We are projecting continued rapid growth over the next 5 years, although slower than the industry's recent dizzying pace. The forecast was done this year with help from our friends at GCUC.

2022 242

Flying eVTOL Taxis Getting Closer

Small Business Labs

The Barron's Penta article  The Next Wave in Flight: Flying Vehicles You Can Summon With Your Phone covers eVTOLs, which are electric vertical take-off and landing vehicles. 

2018 189

Ryder Creates an Airbnb for Trucks

Small Business Labs

Truck leasing and rental company Ryder announced it's launching an asset-sharing platform for commercial vehicles. This  This move is quite interesting because the new marketplace will directly compete with Ryder's core business.

2018 172

Fab Labs, Maker Spaces and the 3rd Digital Revolution

Small Business Labs

A new book, Designing Reality , argues we're entering the 3rd digital revolution, which the authors say is based on new fabrication techniques and technologies.    In case you were wondering, the book says the first two digital revolutions were computing and communications.

2018 172

Is Craft Brewing a Harbinger of a New Artisan Economy?

Small Business Labs

There have been a number of recent articles pointing out that despite having to compete with several giant beer companies, the craft brewing industry has dramatically expanded over the past decade.

2018 190

Amazon's High Tech, Checkout Free Grocery Store Opens Today

Small Business Labs

Amazon opened their brick and mortar, cashier-less store of the future today in Seattle. Called Amazon Go , it looks like a very high-tech version of a 7-11 convenience store. It has a selection of salads, sandwiches and beverages (including beer and wine), ready-to-eat meals, produce and meats. 

2018 216

The Post Millennial Generation

Small Business Labs

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.

2018 190

Financial Shocks Lead to Gig Work

Small Business Labs

One of the most important findings from our gig economy research is the role financial hardships and shocks play in the decision to become a gig worker. 

2018 174

Deloitte Thinks the Retail “Apocalypse” is Really a Renaissance

Small Business Labs

According to a new study from Deloitte the retail apocalypse is a myth. Instead, they believe retail is changing in line with consumer income bifurcation.

2018 172

Food Truck Nation

Small Business Labs

The U.S. Chamber of Commerce's study Food Truck Nation includes a "food truck index" that shows which cities are the most food truck friendly. The index covers 20 U.S. cities and the goal is to show what it's like to start an operate a food truck.

2018 153

The Importance of the Social Side of Coworking

Small Business Labs

Our recent Harvard Business Review article, Coworking Is not About Workspace - It's About Feeling Less Lonely , covers research we conducted on the social side of coworking.

2018 208

Why Startups Fail

Small Business Labs

The Top 20 Reasons Startups Fail from CB Insights is based on their postmortem review of 101 failed startups. Their infographic below lists the 20 reasons. Their research brief goes into detail on each reason. 

2018 190

Coworking, Differentiation and Segmentation

Small Business Labs

Kansas City's Laya Center  (pictured below) is the  the first coworking spa in the U.S.   In addition to having the only natural cryotherapy chamber in the Midwest, the Laya Center also offers chromotherapy as well as yoga and other traditional spa treatments and services.

2018 179

CIPD Reports 1 in 7 UK Self-Employed

Small Business Labs

CIPD is sort of the UK version of the U.S. trade group the Society for Human Resource Management ( SHRM ). They recently released More selfies? UK self-employment continues to rise , a new report in their megatrends series.

2018 188

Quantum Computing Getting Closer

Small Business Labs

Intel recently announced they've developed a quantum computer chip. There's also been a number of other recent quantum computing breakthroughs and companies like Google, IBM, Microsoft and others are investing heavily in the space. So are the Chinese.

2018 179

LinkedIn's Deep Dive on VanLifers and Digital Nomads

Small Business Labs

LinkedIn's From van life to careers, figure it out as you go covers a couple who have spent several years as VanLifers.    It includes an excellent video that is the most professionally done of any VanLife video we've seen and is well worth watching.

2018 176

NPR on the Gig Economy

Small Business Labs

NPR's The Rise of the Contract worker , is a week long series of stories covering the gig economy.      It was based on a gig economy survey they conducted with Marist Poll. The highlights from their survey are: NPR/Marist Poll Highlights.

2018 190

By 2020 Less Than Half the Children in the U.S. Will Be White

Small Business Labs

According to the U.S. Census , by "2020 less than half of children in the United States are projected to be non-Hispanic white alone (49.8 percent of the projected 73.9 million children under age 18)." " They say "white alone" because the U.S.

2018 153

Pet Obsessed Millennials Pamper Their "Fur Babies"

Small Business Labs

Last week the online retailer Zulily celebrated their first annual pet week. In honor of this auspicious occasion, t hey released a set of survey results on pet owning millennials.

2018 171

Euromonitor's Top 10 Global Consumer Trends for 2018

Small Business Labs

Euromonitor International recently released their 2018 Top 10 Global Consumer Trends list,  which are listed in the chart below.

2018 188

The Rise of Highly Skilled UK Freelancers

Small Business Labs

Exploring the rise of self-employment in the modern economy is a new report on self-employment in the UK. It comes from IPSE (the Association of Independent Professionals and the Self Employed), who worked with Kingston University on this project. The

2018 159

The New Tax Law: Freelancers Win on Taxes, Lose on Healthcare

Small Business Labs

The new tax law contains a major benefit for many freelancers. It allows them to deduct 20% of their revenue from their taxable income. This is the "pass-through" provision.

2018 193

Happy Holidays and See You Next Year

Small Business Labs

We're on vacation for the rest of the year.    Happy Holidays and see you in 2018

2017 196

Bitcoin Is Longer for Payments; It's a Gold Alternative

Small Business Labs

When Bitcoin was released in 2009, it was meant to be a digital currency and an alternative to traditional money. And for several years it more or less functioned in that role. But no longer. This is because the price of Bitcoins are way too volatile and way too expensive to function as a currency. 

2017 198

Flying Cars May Finally Happen

Small Business Labs

Cassandra reports that flying cars could reach consumers as soon as 2019.    Of course flying cars have been just a few years away since 1917, when both Ford and Curtiss Aircraft announced they had flying car prototypes.

2017 200

NPR on Anxiety in the Gig Economy

Small Business Labs

NPR's recent Marketplace-Edison Research poll data (below) shows that gig workers "report significantly higher economic anxiety than regular full-time workers." " Regular readers will not be surprised by this.

2018 153

Book Review: The Million-Dollar One-Person Business

Small Business Labs

We really like the tagline for the book The Million-Dollar One-Person Business. It's "Make great money; work the way you want; have the life you want." " This pretty much sums up the advantages of being successfully self-employed. 

2018 182

Romancing the Gig Economy

Small Business Labs

According to research by Chris Larsen, a professor at the University of Colorado, the median income for romance authors has tripled during the e-book era.

2018 179

Digital Marketing Success Remains Elusive for Most Small Businesses

Small Business Labs

Infusionsoft recently released their 3rd annual Small Business Marketing Trends report.    The report paints a not so pretty picture of the digital marketing efforts of small businesses.

2017 192

Fiverr Buys And Co; ADP Buys Work Market; Expect More Gig Economy Acquisitions

Small Business Labs

There were several interesting recent acquisitions in the gig economy space. Last week the online talent marketplace Fiverr announced they had acquired AND CO , a provider of financial and client management software for freelancers. 

2018 172

CB Insights on the Trends Shaping Tech in 2018

Small Business Labs

The technology information site CB Insights recently published their list of 15 Trends Shaping Tech in 2018. CB Insights is widely followed in the tech community, especially among investors and tech deal makers. So their list of tech trends is well worth taking a look at.

2018 181