The Entrepreneur Forum | Financial Freedom | Starting a Business | Motivation | Money | Success

Welcome to the only entrepreneur forum dedicated to building life-changing wealth.

Build a Fastlane business. Earn real financial freedom. Join free.

Join over 80,000 entrepreneurs who have rejected the paradigm of mediocrity and said "NO!" to underpaid jobs, ascetic frugality, and suffocating savings rituals— learn how to build a Fastlane business that pays both freedom and lifestyle affluence.

Free registration at the forum removes this block.

The future of work: remote?

Arthur Charles

Contributor
Read Fastlane!
Read Unscripted!
User Power
Value/Post Ratio
310%
Feb 24, 2018
29
90
Nevers, ♥ de France
The ongoing pandemic was a big slap in the face for two categories of workers: employees, who have said to benefit from increased productivity and overall happiness while working from home; and business owners, who have realised that their business can still operate without having all the staff gathered in one place. For most of those businesses, it was a matter of survival, adapt-or-die kind of situation.

On Twitter, I came across Chris Herd who owns a startup called Firstbase specialising in helping companies go officeless. He’s on the front seat of the remote work trend, interacting daily with businesses that want to make the change and studying current workforce behaviour. He made lists of predictions for the coming decade, which are quite thought-provoking.

Many of these predictions are far-stretched and imply a change so radical that it simply would require tremendous effort to see it happening in the next decade. But I could totally see a good portion of those predictions happening in some way or another in the next 10 years.

Here are the links to the Twitter threads, also in the screenshots attached:
View: https://twitter.com/chris\_herd/status/1279791256286224387

View: https://twitter.com/chris\_herd/status/1294590291761037312

View: https://twitter.com/chris\_herd/status/1295781679739686918


Remote work could give people incentives to leave cities that are becoming cluttered and expensive, to live in cheaper rural areas with an improved quality of life (to some extent).

If we are really going to see a massive shift of workers worldwide, hundreds of millions of people, completely transforming their daily lives, there is going to be a gazillion new opportunities for us entrepreneurs.

Shoutout to @Kak on episode 29 of his Kill Bigger podcast where he keeps mentioning the “new normal” (in the most soothing voice ever, listen to the episode to get it ;) ), and remote work is the first change he’s talking about.

What’s your take on this fellow Fastlaners?
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

Attachments

  • Chis Herd 1.png
    Chis Herd 1.png
    1.5 MB · Views: 11
  • Chis Herd 2.png
    Chis Herd 2.png
    1.1 MB · Views: 10
  • Chis Herd 3.png
    Chis Herd 3.png
    1.4 MB · Views: 9

Hammsy

New Contributor
User Power
Value/Post Ratio
25%
Oct 28, 2020
8
2
I have been working remotely for a long time and it seems to me that it is very convenient.
 

Kasimir

Bronze Contributor
Read Fastlane!
Speedway Pass
User Power
Value/Post Ratio
93%
Sep 4, 2020
348
323
Switzerland
Yeah, it's definitely so that we'll a trend of working remotely. But I can't imagin that it's going to be completed remotely. I believe that we'll see a lot of 30+ and especially 40 or even 50+ moving out of big cities and working 100% remotely or may be coming into town one day a week.
But I think that will give young people a big chance to move into these towns. Young people aren't so keen on working from home and don't mind living in big cities if it's affordable.

We see already the first result of my theory like CNBC reported: https://www.cnbc.com/2020/11/12/big...ntal-prices-lures-back-younger-residents.html

But otherwise, you're totally right.
 

journeyman

Bronze Contributor
FASTLANE INSIDER
Read Fastlane!
Read Unscripted!
Speedway Pass
User Power
Value/Post Ratio
176%
Apr 18, 2017
165
291
United States
Chris is really pushing the envelope of remote work and has done a tremendous job at marketing his business. However, the predictions are certainly overoptimistic, or at least apply only to software companies.

The company that I work in (finance/analytics) has admitted multiple times publicly that productivity has not decreased at all with remote work during COVID. Despite that, they are eager to get us back to the overpriced office. Reason? Resistance to change.

Personally I think there is going to be a large increase in the hybrid model, where people work from home some days and are expected to be in the office 1-2 days a week, but fully remote work in other cities/countries? My god, most managers and HR departments are not ready for this.
 
Dislike ads? Remove them and support the forum: Subscribe to Fastlane Insiders.

Kasimir

Bronze Contributor
Read Fastlane!
Speedway Pass
User Power
Value/Post Ratio
93%
Sep 4, 2020
348
323
Switzerland
Personally I think there is going to be a large increase in the hybrid model, where people work from home some days and are expected to be in the office 1-2 days a week, but fully remote work in other cities/countries? My god, most managers and HR departments are not ready for this.
Couldn't agree more!!
 

Kevin88660

Platinum Contributor
FASTLANE INSIDER
Read Unscripted!
Speedway Pass
User Power
Value/Post Ratio
118%
Feb 8, 2019
3,459
4,083
Singapore
Yeah, it's definitely so that we'll a trend of working remotely. But I can't imagin that it's going to be completed remotely. I believe that we'll see a lot of 30+ and especially 40 or even 50+ moving out of big cities and working 100% remotely or may be coming into town one day a week.
But I think that will give young people a big chance to move into these towns. Young people aren't so keen on working from home and don't mind living in big cities if it's affordable.

We see already the first result of my theory like CNBC reported: https://www.cnbc.com/2020/11/12/big...ntal-prices-lures-back-younger-residents.html

But otherwise, you're totally right.
Remote work is less about employee choosing where to work and whom to work for, in the long term.

It is much more about companies choosing whom they can hire in the future.

Microsoft and Apple for years have been telling the congress to relax on the Visa for foreign engineers. Now with remote work as the norm no visa is needed.

Someone is going to remotely do your work. I see this just as an acceleration of the death of slow lane careers. It used to be the truth that a job has little future unless you are in IT.

Not anymore soon.
 

Post New Topic

Please SEARCH before posting.
Please select the BEST category.

Post new topic

Guest post submissions offered HERE.

Latest Posts

New Topics

Fastlane Insiders

View the forum AD FREE.
Private, unindexed content
Detailed process/execution threads
Ideas needing execution, more!

Join Fastlane Insiders.

Top