Mike Farmer is C.E.O. of the start-up Leap2. He has one employee: himself, aided by seven contractors.
Mike Farmer had a staff of ten when he started a digital search company in 2004. He is now on his third start-up and he has one employee: himself, aided by seven contractors working more or less part time. His budget, like his head count, is smaller, and by his account the new model is much more sustainable.
Continue reading… “When businesses become power players with much less manpower”
22.4 million households, or 19 percent, had college debt in 2010.
College enrollment is growing but student debt has stretched to a record number of U.S. households — nearly 1 in 5 — with the biggest burdens falling on the young and poor.
Continue reading… “1 in 5 U.S. households hit with student debt”
South Dakota School of Mines and & Technology
South Dakota School of Mines & Technology graduates are earning more money than Harvard University graduates after a decade-long commodity bull market created shortages of workers and minerals.
Continue reading… “Mining school grads beat out Harvard grads in pay”
Obama signs the JOBS Act
Poyan Rajamand faced a choice when he completed his degree from Stanford University’s Graduate School of Business in 2008. Would he look for work in the United States or relocate abroad? Rajamand explained in a report written by the Partnership for a New America Economy and the Partnership for New York City, that he and his fiancé arrived at their decision easil. They would move to Singapore, where obtaining a visa was simpler for high-skilled immigrants than here in the United States. In his new home, Rajamand has founded a startup called Barghest Partners that invests in new businesses.
Continue reading… “If you want more jobs in America, you need more immigrants”
There are other ways to generate a return on capital—and help move the economic recovery.
Over the past 24 months It is well known that America’s largest companies have been stockpiling cash over at alarming rates. It has been estimated from $1.5 trillion to $2.8 trillion. And at first blush, who can blame them? With interest rates at historic lows, market volatility, political uncertainty, the European crisis, severe commodity price fluctuations, and other unpredictable market conditions, corporate brands and executives have been understandably inclined to sit on the sidelines.
Continue reading… “Putting sidelined cash to work to help move the economic recovery”
Eliminating some unnecessary expenses and keeping an eye out for ways to save can help keep precious dollars at home.
The golden years of many retirees have been tarnished by low returns on investments and smaller nest eggs than they’d hoped. Meanwhile, longer life spans, increased expenses — particularly rising health care costs — plus a volatile stock market and low interest rates on savings have baby boomers facing tough choices.
Continue reading… “Cutting costs a new pasttime for retirees”
Honduras
The Honduras government has signed a deal with private investors to create three privately run cities with their own legal and tax systems.
Continue reading… “Honduras signs deal with investors to construct three private cities”
Bill Brockman landed a post-retirement job at a child development center in Kansas.
Just how much the Great Recession reshaped what many baby boomers thought retirement would look like is becoming clearer: More than ever, they now expect to retire later or work when they’re “retired.”
Continue reading… “Retirement age a moving target for baby boomers”
Where will qualified younger programmers come from when the older generation retires?
T’S a looming crisis not even dreamed of when computers were the new frontier, and all those working on them were young pioneers.
But fast-forward a few decades – and now experts warn that essential systems that control areas like defence and banking are about to be left without qualified people to run them, as the first generation of computer programmers retire and, sadly, die.
Seventy-two-year-old US digital forensic examiner, Robert E Johnston, said that the skills shortage in computer programming carried with it serious consequences…
Because of a trend toward smaller urban living, a bad economy and high debt, the Millennials will likely be a generation of renters for years to come. But there’s a group of young adults we don’t talk about that deserves some attention: Those who are already homeowners.
Continue reading… “48% of homeowners younger than 40 are underwater on their mortgages”
Janis Adkins lives in her van in Santa Barbara.
Median household income is in the middle of its worst 12-year period since the Great Depression. New York Times and David Leonhardt have launched a feature to investigate the hardest question: Why?
Continue reading… “Why the sharp decline of the middle class”
Post-employment economy
Will a post-employment economy actually suck or will it wallow in awesomeness? DaVinci Institute founder, Thomas Frey and the Atlantic’s Conor Sen offer two different views on the post-employment economy.
Continue reading… “Two views on a post-employment economy”
By delving into the futuring techniques of Futurist Thomas Frey, you’ll embark on an enlightening journey.
Learn More about this exciting program.