Modern Technology: A sight for some sore eyes – Part 2

2. Investment requirement

Blogging and outsourcing has solved much of the problem in getting into a new business and these aforementioned industries are also cost effective with a diminutive risk of going insolvent. Furthermore, freelancing has made the life of the investors easy.
There is a large pool of thinkers on the net and new ideas and suggestions to furnish a vague idea are aptly available on the internet via social networks like LinkedIn and Facebook.

Entrepreneurs get new ideas on how to invest wisely by gurus on the internet and investors get a host of innovative thinkers who can hatch a new idea for a new business.

Investments required to the launch a new business in the technology industry is minimal and even if there is a bulk of money required to start a new venture, investors are getting hang of the new e-technologies that are trending at the moment.

Apple, Amazon, Microsoft, HTC, Google, Facebook are all playing in billions of dollars every day with only measurable risk of flop.

3. Recruitment

The major concern of the governments have always been the unemployment rates, especially after the global recession of 2008 this has become the most important concern of all, especially the US government—the country known as job haven now has a whopping
25 percent employment rate.

However, new technologies are helping not only the government but also the corporate sector in hiring the skilled labour. One out of every three employees in the US say that they were helped by social networks like LinkedIn and Facebook, one way or the other,
in getting the job.

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Posted by Usman Khalid on Dec 27 2011. Filed under Business. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry