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Key article quote defining Amazon Nomads: " merchants who travel the backroads of America searching clearance aisles and dying chains for goods to sell on Amazon. As the article points out, this is not an easy business. Key article quote from one of the nomads: “It’s kind of nice to just be carefree, you know?
Key article quote summarizing these statistics: "On average, people of color experience significantly lower levels of income, retirement savings, and rates of homeownership than white Americans. " The article chart below (click to enlarge) shows the median household net worth by race.
We learned this interesting fact from the New York Times article Welcome to the YOLO Economy. The article describes the growing number of people who are, in the words of the article, "quitting prestigious and high-paying jobs to pursue risky passion projects."
" Our favorite antiwork forum post (below) is from a Business Insider article on the antiwork movement. We'll have more on this topic in the near future, but below are several articles related to the antiwork movement. The post nicely sums up the lack of personal time associated with many jobs.
The article also makes a good point about the diversity of digital creators. For example, as we were writing this article, we heard that YouTube is launching a $100 million fund to attract TikTok creators to its Shorts product. Key quote: Substack creators are writers, while Twitch creators make videos.
The Washington Post's recent article T he hybrid office is here to stay. The Washington Post article's title mentions that this shift will be disruptive. But the focus of the article is on it being disruptive for companies.
Again from the article: "Of the group that wanted to try self-employment, 59% of people said flexibility was the primary factor. As Forerunner's chart below (click to enlarge) shows, a substantial portion of Americans - and especially those with kids at home - are more interested in working for themselves.
Their recent article Redefining work, workforces, and workplaces is a good example. In a relatively short article, it nicely synthesizes and explains "multiple converging trends and how they are already fundamentally changing all aspects of work." With this article Deloitte has done an excellent job simplifying it.
The article chart below shows the dramatic increase in the bottom 50%'s wealth since the Great Recession. While very good news, the article points out there is still long way to go. These amounted to 21.9% over the past year, 125.6% over five years and 526.2% over 10 years, compared with the one-percenters’ 10.3%, 33.8%
But as the New York Times article What is a Flying Car points out, the long term dream of flying cars continues to get closer: That dream, most experts agree, is a long way from reality. Just last November, they had another article on flying cars. The first flying car prototypes were produced over a century ago.
Their article Five Truths about International Business in the Middle Market covers survey research on the exporting and importing by U.S. As we pointed out in a previous article , about 28% of microbusinesses - firms with fewer than 4 employees including the owner - conduct business internationally.
" The article focuses on the challenges digital nomads face and how platforms help digital nomads overcome them. Another interesting article on digital nomads is Work and Wander: What Today’s Digital Nomads Signal for the Future of Travel , from Adventure Travel News. These include: Finding places to stay.
" The chart below, also from the Bloomberg article, shows that 19 million Americans say they plan to become digital while another 45 million say they are considering it. As the article points out, we call these wannabes "armchair digital nomads" because most will not follow through and become digital nomads.
Both the New York Times and the BBC have recent articles claiming that flying cars, in the form of flying taxis, will soon be common. The picture below is from a 1917 newspaper article and shows the Curtis prototype, which, of course, never went into production. And it could be true this time.
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. But a drawback of independent work is loneliness. This is where coworking comes in.
Each of these areas is described in much more detail, including examples, in the Antler article. . Creator tools: These are tools that creators can use to build and grow their businesses. It's well worth reading if you're interested in the creator economy.
As the article chart below shows (click to enlarge), 7 Caribbean islands now have special, longer term visas for people choosing to work remotely from these islands (Bermuda isn't in the Caribbean, but it's close enough - and tropical enough - to be included in this list). But there is some.
See this article for details on the business formation statistics and the 2020 surge in new business applications. . Because EINs are needed for tax reporting, almost all employer businesses and most solopreneurs have them.
As the Financial Times article Airbnb and DoorDash IPOs leave gig economy issues unresolved points out, most of these firms are still not profitable. Interestingly enough, the much maligned Uber ($92 billion) tops the list. So are their business models half-baked, or just half-evolved?
His article This Chart Predicts Which Colleges Will Survive the Coronavirus has caused quite a stir in colleges and universities across the country. Scott Galloway is a professor at NYU, tech entrepreneur, author, and popular podcaster. His chart (click to enlarge) is below.
Over the past week, there's been a flurry of articles and social media posts on "geriatric millennials" This term refers to the oldest millennials, those born between 1980 and 1985. One of the more popular articles is Today's Are you a 'geriatric millennial'?
TechCrunch's article Fortnite's Ariana Grande concert offers a taste of music in the metaverse describes the integration of the metaverse and popular music artists. So what is the metaverse? There is no standard, widely accepted definition. Facebook's video below provides more details on the virtual conference room.
CreditUnions.com's article 3 Ways to Connect Through Coworking Spaces provides an excellent example of how coworking is spreading across industry verticals and niche markets. The article highlights 3 credit unions that have opened coworking spaces.
Key quote from the article on the units: "Located at the edge of Studio City, across from Universal Studios, Thirty Four Fifty West has hybrid zoning that permits people to have a full professional office or creative studio with industrial grade electrical and the like in spaces where they can also live in luxury."
The global marketing agency Wunderman Thompson's article Ghost Kitchens covers the growing popularity of delivery-first dining and the related growth of ghost kitchens, which are also called cloud kitchens. The Wunderman Thompson article does a nice job of covering the trend, so we'll not bother rehashing their article.
As the chart below, which is from The Bankless DAO's article State of the DAO 3 - Overview of the DAO Ecosystem , shows (click to enlarge), most any kind of organization can be formed and managed as a DAO. See the Bankless DAO article for more information and details on the various types of DAOs in the chart.
The article starts by pointing out the long decline in the membership of traditional clubs. " The broader point of the article is that the new wave of clubs need to charge high prices because they are ventured backed, have lots of amenities and high costs. Fast Company's Social clubs died out in America.
Yesterday we covered a series of recent articles saying it will take 2-3 years for the economy to recover to pre-pandemic levels. One reason for this view is almost all industries are being negatively impacted by the recession. Illustrating this is the BLS's employment diffusion index.
Chamber of Commerce article The K-Shaped Recovery and the Cost of Inaction. " The Chamber article illustrates this by pointing out that "the financial services sector, for example, has already recovered 94% of its pre-pandemic employment. According to an NPR survey and covered in their article Nearly Half Of U.S.
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. There's a mini controversy going on around whether or not coworking needs a new name.
As the article chart below (click to enlarge) shows, most of the study participants (56%) experienced at least one employer driven job loss after the age of 50, with many (18%) experiencing more than one. The article points to age discrimination as the key reason this is happening - and it's hard to disagree.
Chamber of Commerce's article The Pet Economy Kicks Into Overdrive. The article covers the growth of the pet economy. According to the article, "the U.S. " The key reason the article gives for this growth is pretty much the same as we covered in our article in our article Pets Used to be for Kids.
. Marie Claire is currently featuring a multi-article Guide to Going Freelance as its top content offering right now. The guide continues with three other articles, each of which covers a specific freelancer-related topic. Think of it as an overview of freelancing. Freelancing With Benefits?
This is a theme we've covered in the past in our article Risk Profiles of Freelancers Versus Non-Freelancers. The quick bottom line from the study that article covered is about 60% of Americans have conservative risk profiles and prefer the predictable, regular income that comes with a traditional job.
As we pointed out in our article The Wannabe Digital Nomads , most people saying they're interested in becoming a digital nomad won't do it. . Key quote from the report: " 54% of respondents (U.S.) " The AMEX chart below (click to enlarge) shows the interest in being a digital nomad by country.
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. A good example is the 2016 article For Boomers, Work is the New Retirement.
The Forbes article Growth Of Million-Dollar, One-Person Businesses Accelerates goes into detail on an even higher earning segment - those reporting revenue of $1 million plus. Higher earners have been growing at an average annual rate of 3.7% between 2010 and 2018 and reached 3.1 million in 2018.
The article chart below, which shows the 7 largest companies in the world by market capitalization, really jumped out at us. McKinsey's Ecosystem 2.0: Climbing to the next level summarizes ecosystem 2.0 as: In the emerging world of Ecosystem 2.0, They are also important end customers for these firms.
The LA Times article Shower? These are digital nomads who travel in vehicles that have been converted into roaming residences. In the digital nomad study we collaborated with MBO Partners on, we found 1.9 million Americans describe themselves as VanLifers. Flat-screen TV?
This is due to a mix of reasons, including older people valuing the flexibility, autonomy and control independent work provides, and what Axios calls in their article on the study the "persistent ageism" of corporate America.
And as the article points out, the increases in pet ownership came with increases in the demand for veterinarians and vet services. Key quote from the article: Dutch just launched its platform for virtual, vet-prescribed treatment plans for pets’ underserved conditions, delivered to their doggie doors.
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. The article has been picked up by a wide variety of publications including Slate and the BBC.
At around 4,000 words, Recode's 10 ways office work will never be the same is really more of a report than an article. The article is chocked full of data and links to interesting studies illustrating what offices will be like post-pandemic. Flexibility is a double-edged sword.
Last week we had an article on U.S. So head over to their article to learn more. And if they plan to become independent consultants, a good place to start is MBO's article. Census data showing a big uptick in the number of Americans who are self-employed. Use Social Media to Market Your Skills.
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