Comments on: Generation DIY #GenDIY https://www.kashflow.com/blog/gendiy/ Accounting & Payroll | Free Trial - No Card Required‎ Thu, 30 May 2019 09:57:00 +0000 hourly 1 https://wordpress.org/?v=6.4.3 By: Alastair https://www.kashflow.com/blog/gendiy/#comment-4678 Wed, 24 Oct 2012 11:08:56 +0000 http://www.kashflow.com/?p=46379#comment-4678 Agree completely. We have 2 recent graduates.

Both work hard and take an interest in what we are doing. No one has to answer emails from the boss at 23:00 but they do – because the drive and energy is there to succeed.

I think the biggest issue is those who ‘feel’ stuck. There is not enough help out there to give people oomph and realise they do have a choice.

Govt. initiatives are probably not the way forward to achieve this because the very people who devise these have no concept of what is required to help peole become sole traders, start up a Ltd etc.

Govt. would achieve far more by helping businesses train and employ young people.

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By: Karl Melkerts https://www.kashflow.com/blog/gendiy/#comment-4577 Mon, 17 Sep 2012 16:28:49 +0000 http://www.kashflow.com/?p=46379#comment-4577 In reply to Nigel.

This sounds like the start of the Terminator…..

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By: Phil Rogers https://www.kashflow.com/blog/gendiy/#comment-4576 Mon, 17 Sep 2012 15:51:26 +0000 http://www.kashflow.com/?p=46379#comment-4576 Excellent post. The good news is that technology companies from KashFlow to Etsy are making it easier to succeed as an entrepreneur. You can start small and part-time then see where it goes. Agree that it is not a generational thing. It’s about unleashing human creativity whatever your age. The assembly line and people were never a good match. More people starting their own businesses means more innovation, more diversity and more economic freedom. Making business ownership the new normal seems like a pretty good goal.

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By: Jamie https://www.kashflow.com/blog/gendiy/#comment-4566 Fri, 14 Sep 2012 09:04:02 +0000 http://www.kashflow.com/?p=46379#comment-4566 Very good post. Kids should be encouraged at secondary school level to explore small business ownership as a viable way to make a living.

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By: Nigel https://www.kashflow.com/blog/gendiy/#comment-4564 Thu, 13 Sep 2012 23:05:08 +0000 http://www.kashflow.com/?p=46379#comment-4564 I call it “Flooding the foothills of human endeavour”. As we create machines that do the work that so many used to be needed for, everyone has to up-skill. Some are left behind, and we end up in a situation where with modern comms and systems anyone capable of any mid-range job is capable after a few hours of ANY mid-range job.

You don’t need a team of navvies, you have a JCB operator and a truck driver. You don’t have a fully staffed assembly line because you have 3 robot arms and a pick-and-place machine, which replaces the young women who used to do that assembly work (selected for nimble fingers) who replaced the engineers who used to do actual soldering of discrete parts.

On the other side, you can take a person who has learned up to degree level, set them a fairly complex task, and after a few hours reading online they can probably cope quite well. For a stunning example, look at the “Faking it” shows, where people are taken and in a week turned into a pro at whatever area was selected.

Of course, at the top end we now have systems that can monitor a thousand or more CCTV cameras at once, which means that ranks of CCTV operators are not needed, because machine vision is now “better” than human. And this is something that is repeated all over. And finally, for those things that no computer can cope with, we have Mechanical Turk which breaks the ranks of people down into faceless rote machines, for a small profit.

Sorry, but it is only going to get worse… We spend ages coming up with machines that can think properly, and yet mock the few people who can already.

In a few more years, even Ph.D holders will be finding it hard to compete with free computer software. A decade after that? You’ll be hard pushed to find a human working for any large business in a technical or other role, unless things change.

So yes, millions will start businesses, but most of those will fold within a year, and that rate will only increase.

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By: Stu Bradley - Marketing Executive https://www.kashflow.com/blog/gendiy/#comment-4563 Thu, 13 Sep 2012 08:10:20 +0000 http://www.kashflow.com/?p=46379#comment-4563 In reply to Bryher Scudamore.

People in their fifties and sixties still have energy? I’m 24 and I’ve already run out…

I think the great thing about #genDIY is that it’s very egalitarian – you can be a baby boomer and still be a part of it. It’s all about what you do, not how old you are!

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By: Bryher Scudamore https://www.kashflow.com/blog/gendiy/#comment-4558 Wed, 12 Sep 2012 17:34:49 +0000 http://www.kashflow.com/?p=46379#comment-4558 It isn’t only young people who don’t have jobs – try getting a job when you are over 50. More and more people in their 50s and 60s (me) are starting their own business’s at that age because they have energy, experience and they too need an income. Don’t be ageist, remember older people need help and support as well as young people.

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