Small Business Labs

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.

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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 70

Trending Sources

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 70

EY Embraces the Gig Economy

Small Business Labs

The "Big 4" accounting and consulting firm EY recently announced GigNow , an advanced technology platform that sources and matches qualified independent workers with projects at EY.

2017 77

Will Consultants be Replaced by AI?

Small Business Labs

The reason, according to the article, is that machines are much better and faster at processing information than humans. The Financial Times article  Self-driving cars prove to be labour-intensive for humans nicely covers this topic. Since we're consultants, we hope not.

2017 86

Thomas Friedman Embraces the Gig Economy

Small Business Labs

The well known New York Times columnist, best selling author and pundit Thomas Friedman wrote a very bullish article on gig work last week. Again from the article: "Is this the only answer for the American middle-class jobs challenge?

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Why Coworking is Booming

Small Business Labs

Simply put, the article explains why coworking is working. According to the article, coworking "literally sits at the convergence of these trends.

2017 92

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

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 77

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 64

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 76

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

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 58

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. 

The Multstage Life and Self-Employment in the On-Demand Economy

Small Business Labs

  The chart below, from her MIT Sloan Review article The Corporate Implications of Longer Lives , illustrates this shift.  Our  Baby Boomer section  has additional articles on this and related topics.

2017 82

"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

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

How the iPhone Changed the World

Small Business Labs

As the article chart below shows, gum sales have declined substantially since the release of the iPhone.    The reason, according to the article, is we're now too busy looking at our phones in check-out lines to buy gum. The iPhone was released on June 29, 2007.

2017 65

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

Multi-Level Marketing and the Need for Highly Flexible Jobs and Supplemental Income

Small Business Labs

  The show is based on a Quartz article that also isn't positive. " The show and Quartz article focus on the downsides of multi-level marketing programs. Because of this, as both the article and the show point out, many people aren't.

2017 50

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

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

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. 

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 68

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

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

Silicon Republic's Future of Work Series and Being Human

Small Business Labs

Silicon Republic's Future of Work Week has an interesting set of articles on this topic. It covers pretty much all the standard future of work topics like AI, digital transformation, the changing nature of careers, etc. 

2017 44

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

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

Aging Baby Boomers Providing and Utilizing On-Demand Economy Services

Small Business Labs

The New York Times article Baby Boomers Look to Senior Concierge Services to Raise Income  nicely covers where these two intersect - older Americans earning money by helping other older Americans. 

2017 63

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

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

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

Few Small Businesses and Freelancers Will Benefit from the Pass-Through Provision of the Tax Plan

Small Business Labs

BTW, the best article describing the pass-trough provisions of this bill we've seen is Money Watch's  What's all the fuss about "pass-through income"? Also, the Journal of Accountancy has a good article covering most of the bill in detail. 

2017 36

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

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

Nature Magazine on The Future of Work

Small Business Labs

  Nature normally has articles with titles like Photons pair up like superconducting electrons.  Like all Nature articles, the topics are covered in-depth and are well researched.   Anyone interested in this topic will find the articles in Nature well worth reading.

2017 36