Blog Profile / Small Business Labs


URL :http://genylabs.typepad.com/small_biz_labs
Filed Under:Business & Finance / Entrepreneurship
Posts on Regator:1154
Posts / Week:2.5
Archived Since:June 7, 2008

Blog Post Archive

Growing Direct Selling Industry Employs Over 20 Million Americans

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. Also known as multi-level marketing, retail sales by direct selling companies increased from $28.6...

Manufacturing Joining the On-Demand, Collaborative Economy

Estimates are that most manufacturing equipment in the U.S. sits idle about 50% of the time. So comes as no surprise several companies are trying to become the "Uber of manufacturing" by creating online marketplaces to connect customers who need...

The Well Traveled Dog

Thanks to the pet humanization trend, it comes as no surprise a growing number of people are traveling with their pets. The Washington Post's Hotels that offer over-the-top amenities — for your pets covers this trend. Key quote: According to...

Don't Become a Freelancer Before Talking to Someone Who Failed at It

Last week we pointed out that: "Almost every study done on the gig economy has found most gig workers choose to be gig workers, are satisfied being gig workers and plan to continue with gig work." This can make it...

Coworking's Expanding Niches

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. Allwork's 15 Niche Flexible Workspaces You Need To Follow covers, well, 15 of them. All...

NPR on Side Gigs

One of our favorite radio programs, NPR's On Point Radio, had an interesting show last week on side hustles (gigs). The Necessity of the Millennial Side Hustle described side hustles as: Everybody has to hustle in this economy. For many...

Is the Gig Economy Good or Bad for Gig Workers?

The reality is the gig economy is good for most gig workers and bad for some. But the New York Times doesn't see it that way. They believe the gig economy is all bad. Key quote from their editorial The...

Digital Nomad Services Creating "Temporary Locals"

One of the first things you hear when you talk to digital nomads is how their approach to travel allows them to be much more than just tourists. Being a digital nomad lets them get to know people from other...

The Rise of Coworking and the Variable Cost Economy

A key reason we started following coworking back in 2007 was it provided a flexible alternative to the traditional long term commercial office lease. Coworking turned a fixed cost (long term lease) into a variable cost (month to month membership)....

BCG, Sodexo and Mercer on 2017 Global Trends

Somebody forgot to tell BCG, Sodexo and Mercer that trends season runs from November to January. These three large and influential firms all recently released 2017 global trends reports. The "Big 3" strategy consulting giant BCG report is called Twelve...

IBM Cuts Telecommuting and the Paradox of Place

IBM recently announced a "relocate or leave" program requiring their marketers to work at one of six US locations. Those who have been telecommuting have the choice of moving or leaving the company. Many appear to be choosing to leave....

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

A recent academic study, The End of Men and Rise of Women in the High-Skilled Labor Market, shows that women are rapidly gaining ground in a number of high paying fields. The reason is success in a growing number of...

Psychographic Profiles and Working Yourself to Death in the Gig Economy

A recent ad campaign by Fiverr attracted a lot of attention, most of which was negative. But the ad and reactions to it nicely illustrates the risk and attitudinal profile differences between independent workers (freelancers, self-employed, etc.) and those who...

UK Study - Gig Work Part-Time and Provides Supplemental Income

The UK's Chartered Institute of Personnel and Development (CIPD) released To gig or not to gig? Stories from the modern economy, which is study based on a survey of UK gig workers. The quick summary is UK's gig workers have...

How Trumpcare Will Impact Self-Employment

The quick summary is self-employed who are younger or have higher incomes will likely be better off under the Republican proposed American Health Care Act (AHCA, a.k.a. Trumpcare). Self-employed who are older or have lower incomes will likely be worse...

The Future of Fun: All the World's a Shareable Stage

One of the more interesting stats we've seen lately is over 50% of the people who buy the Hasbro game Pie Face make and share a video of them playing it. This stat comes from the Washington Post article What...

Airbnb's Economic Empowerment Initiative

Airbnb has launched an economic empowerment initiative. The goal seems to be to show that Airbnb contributes to local economies, creates jobs and provides opportunities for the middle class to supplement their income. Key quote from their blog post announcing...

Self-Employment and the Attributes of the Dream Job

Gallup's The Dream Job covers the key attributes employees look for in a job. These are: the ability to do what they do best greater work-life balance and better personal well-being greater stability and job security a significant increase in...

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

Recent research by future of work expert Lynda Gratton suggests due to longer life spans the traditional life stages - education, work and retirement - no longer work. Instead, we are going to restructure our lives and careers into ...

More Industries Moving to the On-Demand Economy

The On-Demand Economy is commonly defined as the economic activity created by online marketplaces that fulfill customer demand via the provisioning of goods and services immediately or much faster and/or easier than traditional firms. Uber, Lyft and ridesharing services are...

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