New Kind of Economy

Apologize for not writing in the past few weeks -but I am back on track now. Excellent article just came out from the WSJ about the new type of economy and what that means for students. (see link below)

The general premise that we’re not dealing with the same market that we were 20 years ago (or even 5 years ago). The hot companies: Facebook, Twitter, Zynga, LinkedIn employ a lot less people given their valuations than other companies and so its not graduate from college and expect a job like it used to be.

Students need to wake up and treat their job search like entrepreneurs. You need to be resourceful, have your hand in several buckets at once, learn skills as you see new opportunities, and realize that its a ton of work to land something you want (or succeed at your own business).

This article should serve as a wake-up call to students as traditional business models evaporate in the place of new economy. Netflix, Airbnb, Zaarly, are just a few of the interesting companies that are disrupting current business models.

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