When it comes to banking, utilities, or phone bills, there is nothing worse than having to pay hidden or unexpected fees. Although a nickel here and a dime there might not seem like much at first, the real blow comes when the charges begin to add up and you take notice. Take, for example, airline baggage fees, where modern business models often charge for carry-on luggage or overweight checked baggage. In this example, while some airlines are certainly upfront about their prices and fees, others may require an in-depth investigation into their terms of service in order to find the cause of that pesky $75 charge.
Whether it’s for business, pleasure, or education, Americans are traveling abroad like never before. In 2016, nearly 70 Million Americans took the plunge and ventured outside of their nation’s borders. Although most of that number stayed within the confines of the North American continent - to Canada, the Caribbean, and Central America, many others jetted off to the far-off lands of Europe and Asia.
In the past twenty years, people have begun to travel more than ever. In fact, data from the National Travel and Tourism office shows a 268% rise in outbound international travel in the United States between 1996 and 2016.
Without a doubt, international travel is more popular today than ever before. Just in the past couple decades, in fact, outbound travel from the United States has risen by over 170%. This means that, despite the stereotype, American citizens are seeing and experiencing other cultures at a frequency far beyond the norm.
The lure of the open road, the willingness to venture into the unknown — such concepts have been burned into the American psyche for several generations. In the modern era, nowhere is this more present than in the road trip. Whether you’re a fan of Thelma & Louise, Easy Rider, or Little Miss Sunshine, chances are that you’ve been exposed to the idealized road trip archetype at least once or twice.
Just as everything old is new again, so too is the Millennial generation’s relationship with archaic processes - They do not get along, unless what is archaic becomes vintage. Case in point, why would they use the United States Postal Service (USPS) to send a letter, when they can keep in touch with their friends instantaneously over SnapChat, when the latter is not yet considered retro.
A coworking space is a shared office in which anyone, including independent entrepreneurs and remote freelancers, can work. This is in opposition to more standard workspaces, which are typically staffed by employees of the same organization. Entrance can be gained either by subscribing to membership or by purchasing an hourly package.
Millenials get a bad rap in the media and they can be our greatest generation. Sure they text a lot and instant message a lot but who doesn’t. That being said they have an absolute disdain for repetitive tasks and mundane and unnecessary bureaucracy and red tape. They are all about efficiency.
Everyday the world of business becomes more globalized and it is no secret that borders and traditional office structures are being disrupted. This is especially beneficial if you are an expat or about to become one as the advent of the internet enables you to be productive anywhere in the world. However, there are so many combinations and permutations in terms of the rules of the country where you may be managing a business as well as the rules of your own native country. How do you straddle those those lines and where does one start to learn about managing a business as an expat? This list is meant to be a general guide of tips that could be useful no matter what country you decide to enter.
First and foremost millennials like to poke fun at formality. To them it is one of the funniest topics and they find certain social customs to be almost a bizarre ritual of yesteryear. They have championed ironic t-shirts with snarky phrases as everyday fashion to the point where it partially defines their spirit. And within this dislike of formality, their #1 distaste may be with traditional office culture littered with cubicles and strange office politics.
Choosing a domain name for your business is the first step and your digital real estate so to speak. Although nowadays there are many new extensions to choose from beyond .com, no matter what you select, try to find something that says exactly what you do as clearly as possible.
The digital era where society and business has transitioned from analog to digital 0s and 1s has continued at a rapid pace. Many individuals and some future thinkers thought that computers and cell phones were potentially near the edge of technological advancement in general. Howewer, it is ever more complex algorithms and hardware with sensors that have taken the lead, and what is now disrupting the modern workplace.