The Collaborative Economy

As The Report of the New Rules of the collaborative economy is released this week clearly showing that sharing transactions has grown hugely in the last 12 months and is set to expand further. Now the consumer has gone beyond just buying second hand goods and are comfortable with using a multitude of services by sharing what does it mean for your business?

Our latest report bears out that prediction. The total number of North Americans who have engaged in some form of sharing transaction has grown by 20% in that timeframe. Far more telling, almost every type of sharing has expanded: while buying and selling pre-owned goods was the only category of peer-to-peer transaction that attracted more than ten percent of the population in 2014, today there are many areas of the collaborative economy that engage that many people: custom products, personal and professional services, transportation, crowdfunding, learning and places to stay.
How to deal with your fear

As entrepreneurs we all have fears, we have set ourselves that big long term goal, only to become overwhelmed and have moments where we are incapable of moving forward,

Don;t worry we all have doubts, and start to think of everything that can go wrong. It is all about putting those fears aside adn creating an action plan with achiveable steps, getting going and being prepared to deviate when things do go wrong.

Do you remember going to the pool as a kid? The first thing you probably wanted to do was tackle the high dive. It was the biggest challenge, and your friends would be way more impressed by a nonchalant high-dive jump than anything else.

Entrepreneurs are a lot like that. We like big, audacious goals -- sexy, shiny projects that will get us the most admiration from our peers (and investors) who saw us make the jump. But how often did you approach the high dive -- maybe even climb all the way up -- only to get completely overwhelmed?
Five lessons business can learn from rugby

I am sure we will all be board of the rugby anaolgies but i think John Neal has 5 really good things that we should take notice off regardless of if we like the sport.

There are a valuable number of lessons for business here.
Change the focus from who lost to who won and why
Very little has been said about the Japanese and how they won. We often focus on losses and create a data base of what not to do rather than what to do.
Business lesson….Spend as much time working out why you won a contract or a pitch as you do analysing those you lost
Is your office full of workaholics?

...and how do you stop the culture of needing staff to be present for long hours.

Should we be taking some learning from acorss the water in Germany where if your car is consistently in the car park late then it is an indication that you are not performing well and that you need support.

Most small business owners work at least 50 hours a week, according to a New York Enterprise Report poll, and yet the perils of overwork are well-documented. A recent Harvard and Stanford Business Schools study (pdf) found that health problems associated with work-related anxiety – including high blood pressure, heart disease and mental illness – account for more deaths each year in the US than Alzheimer’s or diabetes. So evidently it pays to prevent your team from turning into a troupe of workaholics. But how?
Winning new Business

What is often the overarching worry for many small businesses. Some really down to earth and practial tips from RBS

In a nutshell
- There are many aspects to winning new business
- Research your market and customers
- Don't accept a deal at any cost; protect profitability
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