Small Business Labs

The Business of Work/Life Integration

Small Business Labs

The 2013 Harvard Business Review article Work-Life Balance Isn't the Point  nicely covers this shift. A growing number of firms are offering services and products based on the trend towards work/life integration.

2017 75

The Expanding High Skill Gig Economy

Small Business Labs

" The article chart below also illustrates this growth. More and more professions that require advanced degrees or highly specialized skills are joining the gig and/or on-demand economy. A good example is law. 

2017 77

Trending Sources

Coworking Forecast - 26,000 Spaces and 3.8 Million Members by 2020

Small Business Labs

See our 2010 article What's the Definition of a Coworking Facility in our old Coworking Labs Blog for our definition.  Coworking is booming. The industry is growing and hybridizing so fast , we're having a hard time keeping up with it. 

2020 124

More Industries Moving to the On-Demand Economy

Small Business Labs

All of these articles have appeared in the last couple of weeks.

2017 89

Growing Direct Selling Industry Employs Over 20 Million Americans

Small Business Labs

  A recent Bloomberg article on direct selling also points out that most direct sellers make relatively small amounts of money. According to the Direct Selling Association (DSA), about 20.2 million Americans are involved in direct selling the U.S. This is up from 15.8 million in 2010. 

2017 77

Mapping Key Emerging Technologies

Small Business Labs

Maps are a popular way of displaying emerging technologies and how important they are and/or how quickly they will impact business and society. Almost all technology analyst firms produce maps. They do this to try to display complex information in a simple, digestible form.

2017 52

Psychographic Profiles and Working Yourself to Death in the Gig Economy

Small Business Labs

But the article getting the most attention is The New Yorker's The Gig Economy Celebrates Working Yourself to Death. A recent ad campaign by Fiverr  attracted a lot of attention, most of which was negative.

2017 73

Why People Work in Coffee Shops and Why This Means Coworking Will Continue to Grow

Small Business Labs

  The article's authors briefly interviewed everyone who working in the Deus Ex Machina  coffee shop (pictured above) on a Tuesday at 12:30 PM.   Even more interesting is the reaction of the article's authors.

2016 108

"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 94

Staffing Industry Research Firm Says There are 44 Million Gig Workers

Small Business Labs

Key quote on their definition from the study article: The term contingent work and “gig work” are used synonymously by Staffing Industry Analysts instead of a more narrow definition of gig work that includes only limited duration tasks facilitated by an online platform.

2016 99

The Need for More and Better Future of Work Data

Small Business Labs

The Aspen Institute's article More Data Needed to Prepare for the Future of Work  covers a recent academic study calling for more data on the shifts and trends impacting the future of work.

2017 64

The Rise of Coworking and the Variable Cost Economy

Small Business Labs

Because of this, a recent article by the CEO of the coworking chain Industrious grabbed our attention.   The article goes on to describe what corporate customers want from coworking spaces: I’ve never heard a customer say “I want coworking.”

2017 66

The Rise of Employee Free Businesses

Small Business Labs

  As the Your Story article Running an employee-free business without compromising on scale and quality  points out, you no longer need traditional employees to start and scale a small business.  It used to be hiring employees was the goal of almost all small business owners.

2016 92

Coworking Has Crossed the Chasm

Small Business Labs

See the article's comments for a spirited discussion on this topic. The Coworking Industry is an interesting white paper by coworking industry veteran Drew Jones, who is a partner in the boutique coworking consultancy OpenWork.

2016 97

Smart Machines Starting to Offer Business Advice

Small Business Labs

The Rise of the Strategy Machines , from the MIT Sloan Management Review, covers much of the same ground as the HBR article.

2016 89

Corporate Layoffs Make Independent Work Look More Secure

Small Business Labs

Key article quote on this from Cisco's CEO: "We work in an environment where the markets are changing faster than anything I've ever seen," Robbins explained. Cisco announced last week it's laying off 5500 employees. This is about 7% of their workforce. Cisco

2016 87

GM Drives into the Gig Economy

Small Business Labs

But it wasn't that long ago that consumer oriented pubs would not have run an article on the freelance economy. General Motors recently announced a program called "Gig" that rents their new all electric car, the Bolt, to freelance drivers for $229 per week. 

2017 55

What President Trump Means for the Gig Economy

Small Business Labs

According to the Yahoo Finance article How the gig economy will fare under President Trump , the president-elect said he in favor of less regulation. President-elect Trump has not talked much about the gig economy.

2016 78

LinkedIn on the Power of Weak Ties - Implications for Coworking & Freelancers

Small Business Labs

  But the Fast Company article also points out something we've also seen in our research.

2016 86

The London Times on the Future of Work

Small Business Labs

There's an article with the title The Future of Work is Already Here  that's clearly an advertorial for Regus. But the rest of the article provides a nice summary of the advantages of coworking and shared workspaces.

2016 72

Educating Students for the Gig Economy

Small Business Labs

Two interesting articles caught our eye last week and both had to do with the gig economy and education. The graphic below (click to enlarge) is from their article and we fully agree with their point that people will increasingly move between traditional employment and gig employment.

2016 75

Intuit Future of Small Business Report

Small Business Labs

The Forbes article Why Small Business Will Skyrocket in 10 Years - Especially for Solopreneurs  provides more detail on this report and also covers several other reports related to this topic. Last week Intuit released the Slideshare presentation  The Future of Small Business.

2016 76

Go Midwest Tech Entrepreneur

Small Business Labs

The author of the article is a partner at Drive Capital , a VC firm based in Columbus, Ohio.  Key quote from the article: "We also believe that if you are an entrepreneur with a fledgling company in 2016, you are an idiot if you don’t consider building it in the Midwest."

2016 75

What is Hygge?

Small Business Labs

  Key quote from the Guardian article The Hygge Conspiracy : This year’s most overhyped trend is a wholesome Danish concept of cosiness, used to sell everything from fluffy socks to vegan shepherd’s pie. The article highlights the U.K.

2016 64

Despite Strong Job Market, Economic Uncertainty Still High

Small Business Labs

The New York Times article  Steady Jobs, With Pay and Hours That Are Anything But covers research by the JP Morgan Chase Institute showing that income volatility, while most pronounced for those with lower income, is common across all earning levels.

2017 40

Ageism Means More Self-Employed

Small Business Labs

For those looking for a shorter version, the recent New York Times article Of Retirement Age, but Remaining in the Work Force  nicely summarizes the topic.

2016 74

Is the Staffing Industry Facing a Kodak Moment?

Small Business Labs

In the Staffing Industry Review article Human Cloud, IT Staffing Firms Eye Each Other - Warily he's quoted as saying: “Almost all large, sophisticated corporations are flat-out refusing to use non-W2 temporary labor. These are good times for the temporary staffing industry.

2016 89

The Growing Importance of Interpersonal Skills Favoring Women in High Wage Jobs

Small Business Labs

  The recent New York Times article The Increasing Significance of the Decline of Men  provides an in-depth look at the many problems men are facing.

2017 52

Independents Happier, Healthier Working on Their Own

Small Business Labs

Two articles published yesterday nicely illustrate this. MBO Partners released a preview of their 5th annual State of Independence study. We worked with MBO Partners on this study. One of the key findings is that 79% of independent workers (freelancers, contractors, self-employed, etc.)

2015 95

Attitudes Towards Freelancing Improving

Small Business Labs

  I haven't listed the data for the last two points here because it would make this article too long.

2016 75

Only 58% of Employers Think Employees are More Loyal Than Freelancers

Small Business Labs

Time Magazine has more detail in their article on the survey. We were very surprised by the results from  a recent survey  on contingent work done by a group consisting of the Aspen Institute’s Future of Work Initiative, the Markle Foundation, Burson-Marsteller and TIME Magazine. They surveyed employers and found that only 58% think their employees are more loyal than their contingent workers.

2016 73

Like Coworking, Makerspaces Rapidly Growing in Numbers

Small Business Labs

The article came out last February (we're behind in our reading).    The chart below is from the article (click to enlarge). There are about 1400 makerspaces around the world. This up from only about 30-40 as recently as 2006. 

2016 64

Coworking's Expanding Niches

Small Business Labs

Not in the article but long one of our favorite niche coworking chains is Satellite Workspace Centers. From coworking spaces with TV studios or biolabs, to spaces that target lawyers or musicians, there's a wide and growing range of niche coworking spaces.

2017 47

Digital Nomad Services Creating "Temporary Locals"

Small Business Labs

The New York Time's article The Digital Nomad Life: Combining Work and Travel  covers the growing number of support services that help digital nomads do this. 

2017 47

Most Americans Don't Want to Be Gig Workers, But 60 Million Do

Small Business Labs

  This led to a series of articles suggesting that this shows the gig economy is doomed because no one wants to be a freelancer ( click here for an example from Forbes ). Late in August Deloitte released survey results under the headline Deloitte survey finds 67 percent of Americans who have worked as independent contractors would choose not to do so in the future. 

2016 65

Is the Gig Economy Good or Bad for Gig Workers?

Small Business Labs

" The editorial is a follow-up to a NY Times article attacking Uber.   Nor does the article or editorial explain what these missing protections are. The reality is the gig economy is good for most gig workers and bad for some. 

2017 47

Global Interest in Coworking Booming

Small Business Labs

Key quote on from their article on their study of Google Trends data related to the search term "coworking": The worldwide searches for the term “coworking” on Google have reached their current peak this March.

2015 89

It's a Mobile World

Small Business Labs

Here are the three article statistics I found most interesting: 1. No matter how important you think mobile computing has become, there's a good chance you're underestimating it's growth and impact. It's moving that quickly. 

2015 85

The Stunning Growth of Small Business Globalization

Small Business Labs

For those who don't want to wade through McKinsey's 128 page report or even their 28 page summary,  these two articles provide a good overview: What Happens When Global Trade Goes Virtual - from Bloomberg View.

2016 76

Despite Their Problems, Uber Will Likely Continue to Thrive

Small Business Labs

The chart below (click to enlarge), from the excellent Quartz article  There’s still one thing people like about Uber , nicely illustrates this.   The article also covers the myriad of scandals, problems and issues Uber is facing.

2017 31