Wednesday, January 11, 2012

Ah the good old days....

Reminds me when I was in business in the early 2000's . If we had National Healthcare or when I qualify for medicare I'm going back into my  business.

How the Informal Economy Could Help Save the Rest of It - Robert Neuwirth - Harvard Business Review
The idea that an itinerant New York City candy vendor pulls in $150 a day ought to have spawned one of the great feel-good financial news stories of 2011.

Here are the details: for almost a decade and a half, Alex McFarland, known as "Tracks" to his buddies, has been an underground man, a subterranean entrepreneur, roaming through the subways catering to people's need for a sugar buzz at a dollar a pop. Alex's daily haul would put his gross yearly salary at between $40,000 and $55,000 (depending on whether he takes weekends off) — which means he earns as much as an assistant store manager at Walmart or Target.

Alex's story, told in a video by Bianca Consunji, slipped onto the web in October — and this tale of bootstrap economics inspired additional reports on the CBC (Canada's public broadcasting system) and even on a Taiwanese news blog. But here in the U.S. of A., though New York Magazine and Gothamist offered links to the video, most of the MSM met the story with a great wall of silence.

No comments: