June 2007
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Day June 28, 2007

Boomers – the not so young entrepreneurs.

..."Many Boomers have a different entrepreneurial outlook:"Although entrepreneurs of all ages tend to share some common traits, such as unbounded optimism, many Boomer entrepreneurs differ from their younger counterparts in the their willingness to balance income-producing potential with the freedom to enjoy their desired lifestyle."Jeff goes on:"For example, some Boomer business owners specifically create business operations that can be run from more than one physical location, or run part of the year."But for me this is the real highlight: "Many of the most generous donors to worthy causes in the U.S. and around the world are Boomer entrepreneurs who share their time and financial support with a wide variety of deserving organizations, ranging from Big Brothers and Sisters to Unicef."I love this, to say it with Bob Dylan: The Times They are A-Changin'.... This way small business will get more experienced entrepreneurs with a social aspect - it will also help to bring small business mortality down.There are times when I love what I do, reading stories like this certainly makes me feel good and gives me hope for the future.

WiFi, Labtops and Mobiles

Our workplace is going to change more and more, not only because of the SaaS wave building like a Tsunami, but because the way we interact with the internet is going to change as well.Instat says there will be 110 million WiFi equiped notebook PCs shipped in 2007, a 30+% growth rate over 2006.... He is probably sitting in Starbucks - coffee, one sugar, milk and wifi - calling his mates in US on Skype for free - get the picture.This is going to change they way we work with our clients, partners and if you will be able to hire new staff.

Do I? Should I? – OK then…..

One more time for the slow to understand, I am not only talking about many accountants in practice here, McKinsey Quaterly (registration required) noted:....., almost every software category has either started to migrate or will migrate to software as a service over the next 3 years.... If you are an accountant, then this is even more worrying, because your clients are in trouble too - they will lose out on competitiveness, because some accountants could not be bothered - this in turn will increase the mortality rate of small business start-up.If you are a business owner, make sure you have a good long look at the people who advice you - there are some really good advisors/accountants out there, you just need to look and ask questions!

Flexibility and Independence.

Just 19% cited making more money as their main reason.* 61% would still choose independence over working for someone else -– even for more money than they make now.* 64% of owners agree it's riskier to run a business than to work for a large company.Which is exactly the point, when we look at small business we should not assume they want to grow their business and why should they.... Why is that so difficult for people to understand.Maybe if we focused more on these businesses, then on the guys who scream about VCs and loans before they even have a business idea, we could concentrate on getting this horrendous mortality rate among business start-ups down.

On My Time – On My Terms

I would thing there are many reasons for this, like: Income Security - just as good if not better than being employed;Time flexibility - being able to care for your family;Personal fulfillment - no explanation needed here;Professional challenge - enjoying the ride;Work-Life balance - working flexibility adds to a better lifestyle.I believe that women more than men realise that our society is very sick with antisocial behavior.... I think women ned to be applauded for this conscious or unconscious inside!Needless to say that on-demand business tools help achieving these goals - just as I believe internet technology will help us with a number of other problems in our society, like global warming, travel exodus, etc.I am sure we men will get their too, eventually and I'm sure our Governments will take the credit for the positive effects women are creating.

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