I’ve been trying to figure this out for sometime: On the one hand, things in our world are getting bigger: Walmart… media conglomerates… Dell… merged airlines… megachurches… Home Depot… merged banks… Microsoft…
But on the other hand, things are getting smaller: The empowered individual can create a media company, using blog software; create a manufacturing company, using somebody else’s factory and somebody else’s distribution; create a multinational enterprise, using nothing more than a Skype line.
I wondered whether small was just a trend or a new organizing principle for the business world. I now think it could be the latter. Small won’t replace big, of course, but small will add up to considerable new competition. And that is because small can now succeed. The economies of scale must compete with the economies of small.
On the supply side, the point of critical mass has imploded. It used to be, you couldn’t make money writing unless you got paid by a big publisher; now you can begin to make enough money blogging. It used to be, you couldn’t make money running a store unless you had location and marketing and capital and employees and enough revenue to support all that; now you can make enough money on eBay. It used to be, to get a job you had to be willing to dress up and commute; now you can work at home online. The cost of running business has declined; the revenue you need to be successful thus declines.
But there’s the critical calculation: The price of independence declines. In a world where most people are sick of their jobs — be honest now — this is big. There is no loyalty from employer to employee and given the chance to earn FU money, there will be no loyalty from employee to employer. We’ll see more and more people trying to make it on their own and now more and more can.
Dunkin Donuts – How to open a Franchise
How to open a Dunkin’ Donuts Franchise In case you hadn’t noticed, Dunkin Donuts is on fire lately. They are opening stores it seems everywhere and delivering up some of the best tasting donuts and coffee in the world. Founded in 1950, Dunkin’ Donuts is America’s favorite all-day, everyday stop for coffee and baked goods. […]
e² Young Engineers
Build Your Tomorrow. Today! CLICK HERE TO VISIT OUR WEBSITE Background: We are e² Young Engineers Young Engineers enrichment programs combine education + entertainment = edutainment. We created a variety of different programs that can be used to teach science, technology, engineering, math (STEM). Children joining our educational community can learn and enjoy arithmetic, physics, […]
Motiply Mobile App Business
Make Money – Start a MOBILE APP Business Mobile websites are hot and in demand like never before thanks to the explosion of mobile devices such as smartphones and tablets. Businesses are paying BIG money for mobile website and app design and now YOU can get a piece of the action! The With our training […]