economy, new economy, Socially Responsible Investing, SRI

‘Be the change that you wish to see in the world’: A Speech to Cooperative Impact 2015, Princeton 5/14/2015

Several years ago, I was asked to give an opening keynote speech to a gathering of social innovation entrepreneurs. The message I think is one that continues to be relevant…

 

We are on the edge of the greatest entrepreneurial revolution in the history of mankind.

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economy, new economy, protection, retirement

Millions of new entrepreneurs in the past few years

We are entering a new age…

According to Bloomberg, over the past few years millions of people have entered the ranks of the self-employed. The digital economy has made it easier for the business savvy to go off on their own and be their own boss. Facebook has brought people closer together, texting and email have increased communication. Associations and Meet-up groups create networking opportunities. LinkedIn in particular has created rolodex transparency within companies and whole industries. (1)

While being self-employed is not for everyone, it is easier now than ever before. A connection on Facebook or LinkedIn is a potential client. Whatever you do, whatever your expertise the reality is there are hundreds and thousands of people who need to talk to you. Many of these are newly sprouted entrepreneurs as well. Building connections to individuals, as well as businesses is the new road to success.

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economy, income, new economy, retirement

How to Deal with Being Laid Off: 5 Strategies To Prepare For Job Change

Each day we read reports that the economy is booming.

 

“U.S. manufacturing production just had its best year since 2011.” (1)

“Factory output is poised to speed up.”

“Stronger global growth expectations and a weaker dollar should help.”

 

With that being the case you might find it surprising that several large corporations have recently announced they will be laying off large numbers of employees, especially managers.

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AI, disability, economy, life insurance, new economy, retirement

Jobs at Risk

A recent study by McKinsey Global Institute examined how robotics will affect labor and the economy. The study estimated that 800 million jobs (1/5 of all jobs) will be impacted by advances in robotics.

Among the jobs most impacted include brokers, accountants, office staff, machine operators, and food service. Lower skilled, repetitive tasks are most likely to be replaced.

What does this mean for family finances in the years to come?

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