Small Business Labs

How Coworking is Changing Commercial Real Estate

Small Business Labs

Allwork's recent article The Top 5 Most Valuable Companies that are Using Coworking nicely covers this trend. Coworking has reached the size and scale where it's starting to have second order impacts on the broader real estate industry. 

2018 141

"Everything, it seems, is a shared office these days"

Small Business Labs

The title of this post is a quote from the NY Times article  Sorry, Power-Lunchers. The article covers Spacious , a startup that transforms unused space - especially restaurants outside of meal times - into shared workspaces.

2018 205

The Rise of Small "Speed Factories"

Small Business Labs

One of the first articles we wrote on Small Business Labs back in 2007 covered this trend.    And while the Kellogg article focuses on consumer manufacturing, but the trends also hold true for B2B manufacturing. 

2018 151

The Strong Job Market's Impact on Independent Work

Small Business Labs

The chart below, from the New York Times article  Workers Hardest Hit by Recession Are Joining in Recovery , shows this group's unemployment rate is down to 5.1%. July was another solid jobs month for the U.S.

2018 141

Is Coworking's Surge Leading to Market Saturation?

Small Business Labs

According to the Reuters article 'Coworking' surge in Manhattan raises asset-liability quandary : "The amount of office leasing by “coworking” firms in Manhattan is nearing 10 percent of all new leases, a sign of growing demand for short-term contracts by companies seeking workspace."

2018 159

Reviewing the BLS 2017 Contingent and Alternative Employment Arrangements Survey

Small Business Labs

Like others ( see this article by Aspen Institute or this article by Samaschool ) we urge Congress to provide the BLS the funds to conduct regular and broader research on this topic. The U.S.

2018 179

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

Small Business Labs

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

2018 225

Uber and Lyft Help Drivers Weather Financial Shocks

Small Business Labs

These study findings are discussed in more detail in the Aspen Institute's article  New Findings Reveal the On-Demand Economy Plays Key Role in Improving People’s Financial Stability.

2018 207

The Continuing Merging of Coworking, Social Clubs and Gyms

Small Business Labs

  Regular readers may remember we covered Spring Place's first location in New York city in our 2016 article  The Rise of the Combo Social Club, Coworking Space. Several interesting recent stories illustrate how coworking, social clubs and gyms are merging.

2018 171

Social Security Data Shows Self-Employment Has Been Increasing

Small Business Labs

The Economic Policy Institute (EPI) dug through social security data and found the number of self-employed grew between 2000 and 2015 (the most recent data available).    Their chart below shows the increase in share of earners reporting self-employment earnings.

2018 159

The Rise of Occupational Licensing

Small Business Labs

  This data comes the interesting HBR article  More and More Jobs Today Require a License. In the 1950's about 5% of full time U.S. workers had a professional, occupation license. Today about 23% do. 

2018 192

The Growing Silicon Prairie

Small Business Labs

The article stresses how much lower the cost of doing business - and living - is in the Midwest. But as the article chart below points out, the Midwest is also an economic powerhouse that has traditionally been undervalued by the tech industry.

2018 162

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

Small Business Labs

  Our recent HBR article  Coworking Is Not About Workspace — It’s About Feeling Less Lonely  focused on the loneliness issues coworking helps with. Social isolation and loneliness are related, but not the same thing. 

2018 219

Co-Living Startups Continue to Attract Funding

Small Business Labs

The article points out that most of these startups are selling community in addition to housing. "" In addition to the companies in the article, there are a few more notable co-living firm worth mentioning.

2018 173

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 194

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 216

Startup Raises $20 Million to Build an Electronics Manufacturing Plant in San Francisco

Small Business Labs

Key quote from our article back then on this topic : Related to this, I've been in several corporate meetings lately where the topic was discussing moving offshore manufacturing back to the US. 

2018 186

Romancing the Gig Economy

Small Business Labs

The chart below, from her article  Shades of green: What gig economy workers can learn from the success of romance writers,  shows how romance writers have seen their income increase even as the income of other authors have declined.

2018 205

Is America "The World's First Poor Rich Country"?

Small Business Labs

As the article chart below shows (click to enlarge), the 9.9% The article is not positive about this group (which the author says he's part of). Umair Haque's essay Why America is the World's First Rich Poor Country suggests that America has created a new kind of poverty. 

2018 162

Financial Shocks Lead to Gig Work

Small Business Labs

We were reminded of how easy it is for many to face a financial shock by the Car & Driver article  Cash-Strapped Shoppers Enter the Used-Car Market on the Losing End.

2018 185

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 193

Pew's Demographic Trends That Are Shaping the World

Small Business Labs

  See the Pew article for more details. Not everyone agrees that demographics are destiny. But demographic trends are key drivers of change and also one of the few things we can project into the future with decent accuracy. Pew Research's  7 demographic trends shaping the U.S.

2018 172

Pet Industry Continues to Attract Venture Capital

Small Business Labs

The article also points out, as is shown in their chart below, that dogs tend to be more popular than cats with pet startups. Crunchbase's  Investors Unleash Millions Into Pet-Tech Startups covers the surge in pet industry venture funding over the past 5 years.

2018 141

Federal Reserve Study Finds 31% of Adult Americans Do Gig Work

Small Business Labs

Households in future articles.  The Board of Governors of the Federal Reserve System (The Fed) recently released their 2017 Report on the Economic Well-Being of U.S. Households. This report "examines the economic well-being and financial lives of Americans and their families."

2018 162

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 193

Flying Cars May Finally Happen

Small Business Labs

The article also reports a number of large firms are also working on flying cars. Cassandra reports that flying cars could reach consumers as soon as 2019. 

2017 207

Coworking, Differentiation and Segmentation

Small Business Labs

The Laya Center is an interesting example of this trend, which is covered in several recent news articles. Kansas City's Laya Center  (pictured below) is the  the first coworking spa in the U.S.

2018 184

U.S. Coworking Forecast: 2018 to 2022

Small Business Labs

  This is due to the increasing size of coworking spaces ( see our global forecast article for more details ) and results in the number of U.S. Our U.S. coworking forecast projects continued growth for the U.S. coworking industry over the next 5 years. 

2018 196

"As a Freelancer My Career is a Constant Classroom."

Small Business Labs

These findings are why the Information Age article Rise of the IT Freelancer jumped out at us. We used part of the key quote in our article title: "As a freelancer my career is a constant classroom – unlike university though, it’s one where I can earn money for attending."

2016 280

LinkedIn's Deep Dive on VanLifers and Digital Nomads

Small Business Labs

  Key quote from the article on the featured VanLife couple: The couple is among other digitally savvy nomads, who have customized Volkswagen Syncros and other vans to live and work on the road rent-free.

2018 181

Upwork's 2017 Freelancing in America Study

Small Business Labs

Justin Fox, in his Bloomberg View article  The Rise of the Not-Just-Freelancing Freelancer on the study, adds this non-Silicon Valley description of a diversified worker: someone who works part-time at Wal-Mart, babysits, and knits sweaters for sale. 

2017 208

The Gig Economy Pivots to the Enterprise

Small Business Labs

Over the past few months there's been almost a stampede of gig economy companies talking about the corporate market and/or announcing new services, products or initiatives aimed at serving large corporations.

2017 214

3D Printing Moving Past Prototyping to Large Batch Manufacturing

Small Business Labs

Key quote from their article How to Position Your Company in the 3D Value Chain : In 2015, the entire 3D-printing market—which includes products made from plastics, ceramics, and metals—totaled $5 billion.

2017 210

Young Farmers: Educated, Female and Pursuing Sustainable Farming

Small Business Labs

The National Young Farmers Coalition's report Building a Future with Farmers covers the demographics, issues and needs of young farmers (those under the age of 40). The quick summary is young farmers are quite different than old farmers. 

2017 193

The Rise of Coworking Lifestyle Brands

Small Business Labs

Key quote on from the New York Times article The Wing, a Chic Women's Club, is Going Wide  on what it may evolve into: " a locus of a mediacentric feminist movement, like Ms. Coworking has always been about much more than just a place to work. 

Key Findings from the BLS's Contingent and Alternative Work Survey

Small Business Labs

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.  Getting somewhat lost in the debates around the results from the BLS's 2017 Contingent and Alternative Employment Arrangements survey (CWS) are several interesting findings about independent contractors. 

2018 134

Coworking Industry Competition Heating Up

Small Business Labs

  The common factor across all these articles is the coworking giant WeWork, which was profiled last week in an extensive Wall Street Journal article. The WSJ article focuses on the various quirks of WeWork's CEO, and especially his penchant for tequila. 

2017 196

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

Small Business Labs

See the Spend Matters article  ADP Acquires WorkMarket, Steps into Contingent Workforce and Total Talent Management Space  for more details. There were several interesting recent acquisitions in the gig economy space.

2018 176

Dog Walking Company Wag Raises $300 Million

Small Business Labs

  According to a New York Times article on the funding round , a key reason Wag can raise this much money is the value of their data.

2018 171

Are There More Gig Walkers Than Uber Drivers?

Small Business Labs

According to the NY Times article Plugging Into the Gig Economy, From Home With a Headset , there are more than 100,000 call center agents who work as independent contractors through on-demand call center platforms. When most people hear the term "gig economy, they think of Uber.

2017 192