Tuesday, January 28, 2014

An Example of the "New Economy"

I really enjoyed the previous post, and it got me to thinking about a piece Thomas Friedman published in the New York Times a few weeks ago.  The article How to Monetize Your Closet describes how a young entrepreneur, Tracy DiNunzo created a novel business with a little imagination and a lot of hard work. Tradesy, as reported by Friedman "enables women to monetize the used or unused clothing and accessories in their closets by creating a peer-to-peer marketplace in which pricing, listing, buying, selling, shipping and returning goods is seamlessly easy — and with Tradesy taking a 9 percent commission."   In other words, when the marriage fails and you don't want the dress as a reminder, SELL IT! 

How did Tracy DiNunzo do this?

To quote Ms. DiNunzo,  “I used free Internet resources to teach myself web design, marketing and basic coding, and had everything I needed to start a business that now employs 22 people and serves 1.5 million customers every month.”

Wow.

Like Prof. Caz, I wonder how we can open our students' eyes to this coming job reality.

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