Crowdsourcing and ancillary crowdfunding are revolutionizing life for The Little Guy – and possibly for Wall Street. In a recent press release, David Alan Grier, associate professor at George Washington University and crowdsourcing scholar, said: “…Crowdsourcing is a serious form of production… It marks the same kind of accomplishment that Henry Ford achieved in 1915, when he showed that an assembly line could build 250,000 cars in a year.”
Crowd-as-a-ResourceIs this for real? You bet! If the crowd-as-a-resource isn’t on your radar, you could be missing out. Know the basics:
Crowdsourcing refers to an unprecedented mass distribution of labor online, offering incredible cost efficiencies to small businesses. At the same time, it’s bringing full- and part-time job opportunity to skilled, yet underserved populations. For example, Liveops' thousands of call center operators work from home, and non-profit SamaSource brings internet-based employment to disadvantaged economic areas.
To read the full, original article click on this link: Watch Out, Wall Street? - Technorati Small Business
Author:Sophia Daukus
