Part 1: Meet The New Economy
Instead of being dominated by a few, giant tree-structured organizations, it’s now looking like the economy of the future will be a fluid network of smaller, independent units.
Paul Graham, The High-Res Society
For all of you who have wanted to stop working for big business and start supporting yourself independently, you’re in for some good news.
You may have noticed that the world has been changing ever since the Internet was created. That change is about to radically alter the way we live and work on a scale not seen since industrialization.
The scales have now tilted in favor of the small and agile.
Experts agree that we’ve hit a tipping point brought on by technology, outsourcing, the recent global economic meltdown and a growing desire of workers to take control of their own future. The scales have now tilted in favor of the small and agile. The New Economy will be made of millions of small independent businesses instead of being dominated by mega corporations.
Big business is losing many of the advantages that allowed them to become so large over the past 100 years, especially in the most modern societies.
This is creating enormous opportunities for smart, motivated people.
In the New Economy, everyone is an entrepreneur. If you embrace this trend early, you stand a good chance of reaching superstar status and being able to design and live your ideal lifestyle.
…most work in the future is organized as temporary combinations of very small companies, even individual contractors. This is already common in the movie industry. Imagine an AT&T that breaks up not into two or three different companies, but two or three hundred thousand different companies.
Thomas Malone, Re-Organization Man
