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| SMALL BUSINESS TRENDS brings you daily updates on trends that influence the global small business market. | ||
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Anita Campbell, Editor |
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| Past life: CEO, corporate executive, tech entrepreneur, retailer, general counsel, marketer, HR ... (more) | ||
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Small Business Trends Radio Tuesdays, 1:00 PM Eastern U.S. time on Voice America network Click to listen November 1st: Torsten Jacobi, CEO of Creative Weblogging, joins host Anita Campbell. Sponsored by Six Disciplines. Show details. |
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Tuesday, May 04, 2004 | |
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Trends are No Coincidence | |
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The Chicago Boyz outline five trends that led to the U.S. economic boom of the past decade.
The growth in small businesses was one of them: "Many, many people risked their homes and life savings to start small businesses. Small businesses are the biggest source of jobs and economic growth. They are also often the source of innovative ideas." And the other trends? They were:
I think it is no coincidence that information technology proliferated, labor unions lost their power, and management melted away, all at the same time that America's entrepreneurism grew. All of these trends are related. They suggest greater power by the individual. Once information became widely available and started leveling the playing field, large organizations no longer held all the cards. |
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