Small Business Labs

Coworking Doesn't Need a New Name, But the Office Space Industry Does

Small Business Labs

  The recent Allwork article Why Coworking Needs a New Definition covers the new name side. Liz Elam, long time coworking space owner and founder of GCUC, responded to this with her article Coworking Does Not Need a New Definition.

2018 230

Yet More on the Changing Nature of Retirement

Small Business Labs

But it's an important trend and there continues to be a flurry of interesting articles on working in and/or delaying retirement. " The article suggest that corporations need to change their policies to retain older workers instead of losing them and their skills and knowledge.

2018 174

A Look at Non-Employer Businesses from the SBA

Small Business Labs

  There's also a number of reasons why employer SMB numbers aren't increasing, but it's a longer story and we'll go into it in a later article.  The U.S.

2018 226

Coworking is Disruptive Innovation

Small Business Labs

  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.

2018 211

Why Independent Work and Coworking Increase Mental and Physical Well-Being

Small Business Labs

As the McKinsey article points out, a lack of social support is not good. As we said in our article  Coworking Is Not About Workspace — It’s About Feeling Less Lonely , coworking spaces provide social support. 

2018 233

More on the Changing Nature of Retirement

Small Business Labs

There's been a recent flurry of articles on retirement, mostly focusing on older people staying in the workforce longer than prior generations. It covers the fact that the world is rapidly getting older, as is shown in the article chart below.

Funding for Education Technology Startups Continues to Boom

Small Business Labs

  The article chart below (click to enlarge) shows some (but not all) of the bigger Edtech funding rounds in 2018. The article also references a prior Crunchbase article, China’s Education Startups Continue To Pull In Massive Funding Rounds.

2018 144

Why We Aren't Doing a Coworking Forecast This Year

Small Business Labs

  As we said at the top of this article, we will continue our research on coworking. This is the time of year we normally release our annual coworking forecast. And this year would have been our 10 th annual forecast ( click here for our 2018 forecast ). 

2018 154

Social Network Support Helps Turn Knitting Hobbyists into Hobbypreneurs

Small Business Labs

The research was based on digging through the data at the knitting community site Ravely.com,  which is known as the "Facebook for knitters" Key quote from a Washington Post article on the study : analyzed almost 100 interviews and 403,168 profiles of knitters and crocheters.

2018 173

What Highly Skilled Independent Workers Want

Small Business Labs

The global accounting and professional services firm EY has developed GigNow , an external online talent platform. 

2018 189

Can Traditional Employment Match the Flexibility of Independent Work?

Small Business Labs

" Another example comes from The Atlantic article  What Happens When Gig-Economy Workers Become Employees.

2018 179

"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

Study Finds Middle Aged Professionals Moving to the Countryside

Small Business Labs

        Rural America rising: why professionals are moving to the countryside , an article on the study, provides a good explanation of why people are moving to small towns: Surveying Minnesota realtors and the new arrivals themselves.

2018 192

Video: 7 Tips to Start Small Scale Manufacturing

Small Business Labs

As we pointed out in our article  Are Makers the Future of Small Manufacturing? 7 Tips to Start Small Scale Manufacturing - Business Ideas for Product Makers is a fun and interesting video designed to help makers and other small manufacturers build their business.

2018 169

Digital Nomads Enter the Mainstream

Small Business Labs

As the Forbes article on the study -  Digital Nomadism Goes Mainstream  - points out, digital nomadism has become a spectator sport followed by millions.  MBO Partners last week released Digital Nomadism: A Rising Trend , a research brief on digital nomads.

2018 176

According to LinkedIn, Most SMBs Use Freelancers

Small Business Labs

Key quote from their article on the study : " more than half (52%) of small business hiring managers say that the number of freelancers and contractors in their company will increase in the next 5 years while 38% say the number will stay the same."

2018 176

Most Millennials Think Starting a Business is Risky

Small Business Labs

This is a theme we've covered in the past in our article Risk Profiles of Freelancers Versus Non-Freelancers. 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 210

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 176

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 173

Google's Shadow Workforce

Small Business Labs

Bloomberg's Inside Google's Shadow Workforce covers the use by Google of what they call TVCs, or “temps, vendors and contractors" According to the article about half of Google's workforce is comprised of TVCs. 

Google 177

The Robot Business is Hard - Rethink Robotics Shuts Down

Small Business Labs

For example, we featured Baxter in our 2013 article The Rise of Robo Sapiens  because we were so impressed by the company. " According to the article, Rethink's robots simply didn't solve business problems as well as robots from competitors.

2018 144

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 168

The Data Behind the 5 Signs You Were Meant to Work for Yourself

Small Business Labs

The CNN Money article  5 signs you were meant to work for yourself caught our eye for several reasons. First, the five reasons listed in the article are consistent with our research findings on the self-employed.

2018 158

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 188

Survey: Satisfaction Levels for Gig Workers and Traditional Workers Similar

Small Business Labs

Key quote from the article:   adults who identify as being a gig economy worker report being just as satisfied with their jobs, financial situations and family life as the average adult who has been employed in the past six months.

2018 154

Measuring the Gig Economy is Not Easy

Small Business Labs

Or as the Wall Street Journal put it in their article on the BLS study , “A government survey designed to measure the gig economy shows just how challenging that can be”. The U.S. Bureau of Labor Statistics (BLS) released the results of their Electronically Mediated Work study.

2018 149

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 212

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 193

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 211

The FIRE Movement (Financial Independence, Retire Early) and Independent Work

Small Business Labs

The New York Times article  How to Retire in Your 30s With $1 Million in the Bank nicely covers the " growing movement of young professionals who are intently focused on quitting their jobs forever."

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 192

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 198

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 173

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 177

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 209

Food Delivery Forecast to Grow Rapidly

Small Business Labs

But it's nicely covered the Forbes article  Millennials Are Ordering More Food Delivery, But Are They Killing The Kitchen, Too? The Forbes article points out the counter trend of more people saying they are “cooking enthusiasts”.

2018 165

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.

2017 175

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 185

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 197

"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 276

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 180

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

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