article thumbnail

Work Is Love Made Visible

YoungUpstarts

Today it takes us now mere hours and costs less than $1,000. And solar energy reached parity in its price/performance ratio to conventional sources of energy like coal – turning a scarce natural resource into something which will be abundantly available at little to no cost in the near-term future.

article thumbnail

[Review] The Rise Of The New East

YoungUpstarts

Are China and India still the “factory” and “outsourced service provider” of the world? Faced with the rising costs of labour, materials and land in Chinese cities, companies are increasingly sourcing from other Asian countries like Vietnam, Indonesia, Pakistan and Bangladesh.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

When Third is First

thebarefootvc

Lending: In 1983, Muhammed Yunus founded Grameen Bank in Bangladesh, based on the notion that the poor were credit-worthy and that a model of positive “peer pressure” would lead to repayment of loans. Low cost medical devices: In 2009 in India, GE partnered with Wipro to launch low cost medical devices including a $500 portable ECG.

Africa 106
article thumbnail

Three Megatrends That Will Affect Everybody’s Business

YoungUpstarts

For example: what are the implications of Russia having a life expectancy of 59 versus 61 for Bangladesh? For many mature economies like Japan and the US, the workforce will be older, healthcare costs will be higher, and it looks like we will see diminishing pension benefits. Only time will tell.

article thumbnail

Remote Jobs: The Fair Pay Rate Dilemma

Transformify

It’s an extra cost for the employer and most companies stick to 2-3 overseas locations to simplify remote working arrangements. Some companies create remote jobs to save on employment costs and benefit from the much lower pay rate overseas. An asset, no cost in the P&L. USD 30 000 rent (cost). No revenue at all.

article thumbnail

Top 5 Fastest - Growing Freelance Platforms in 2020

Transformify

On the contrary, salaried employees may lose their jobs on short notice due to business transformation, cost-cutting or adverse market conditions having a negative impact on the company they work for. Freedom comes at a cost though, as, in the beginning, it is hard to find clients. Not all of them.

article thumbnail

Generate and Transformify: Umbrella Solutions to Help Businesses Hire Top Talent Worldwide

Transformify

However, the ever changing regulatory framework tremendously increases the cost and the administrative burden. If the visa, work permit and relocation costs are added to the equation, it becomes hardly possible to source the talent the business needs to thrive. ‘’Test-and-Hire’’ Solution.