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Last week, our Executive Director, Ken Phillips, contemplated some ‘revolutionary’ thoughts around self-employment as part of the summer break ‘think’ process.  

Trump
But those thoughts are minor compared with President-elect Donald Trump’s proposals for self-employed people in the USA. According to Forbes magazine and CBSNews,  Trump is going to open the tax floodgate for the self-employed, allowing them to access the 15 per cent tax rate he intends to apply to companies.  More...

At ICA, we come across all sort of weird attacks on the self-employed. But one of the strangest is that we ‘screw over ourselves’. That was the argument mounted in California’s self-described ‘premier monthly business publication’, Comstock.

The ‘save us from ourselves’ argument was essentially the justification for Australia’s recent (fortunately failed) attempt to destroy the businesses of 35,000 owner-drivers. Lawyers are preparing the case for the class action to recover losses. Info here.  More...

Global stock-markets are in a crashing frenzy over the economic ‘slow down’ in China. Yet China optimists would say that there’s an overreaction and that China is reshaping to a consumer society.

Perhaps the ‘new’ China of rampant consumerism was on raw display in the wildly popular Chinese TV dating show If you are the one. With 36 million regular viewers, one young female contestant disclosed her ‘love’ match criteria with the words ‘I would rather cry in a BMW than laugh on the back of a bicycle.’  Her comment made her an overnight celebrity. More...

Last week, ICA’s Executive Director, Ken Phillips, wrote an open letter to Prime Minister Turnbull which was published in Business Spectator. It was about the PM’s desire for an innovation society. Ken said small business innovation is in trouble because of the Tax Office and other matters. He said that there are two tasks:  More...

Important new research released in April has found that the number of independent professionals (iPros) in Europe has increased 45 per cent since 2004. Undertaken for the Professional Contractors Group in the UK, the study not only presents data on a country-by-country basis, but also includes profiling results which show that the major determinants for choosing self-employment are a sense of fulfilment and flexibility in working patterns. More...

If you don’t ‘brand’ yourself when you’re self-employed, your capacity to be your own business and make good money is diminished. This is an important message I took from a presentation at the Pan-Asia small business conference in Macau in November. Full blogpost here. More...

Tui McKeown is at Monash University and on the ICA board. She conducts ground-breaking research into how independent contractors think. Her latest edition of the IPro Index, sponsored by Entity Solutions contains lessons about how businesses can interact with the ‘new worker’. More here. More...

I had a debate with union leaders at a conference last week. It was truly a ‘men are from Mars, women are from Venus’ experience. They were on about their ability to dictate ‘fairness’. I was about entrepreneurship through the human experience. We just didn’t ‘get’ each other. It was a robust exchange!  More...

New research “…debunks the myth that IPros (self-employed professionals) are less committed to their work than permanent employees… One of the biggest differences between a permanent employee and an IPro appears to be that IPros are results-driven from day one. They recognise the value of time and deliver accordingly.” Summary and link to this important Monash University research (sponsored by Entity Solutions) is here. More...