What will be the biggest business trends over the next 5 years?

Seth Godin provides a few gems in this podcast interview in The Startup Success Podcast.

You should also read his latest blog post: Everyone’s model of work is a job

We particularly enjoyed his answer to the question:

‘What will be the biggest business trends over the next 5 years?’

“The businesses that will win are the businesses that organise tribes of people that want to hear from them, that want to connect with each other and that want to make change happen.

“This idea of treating individuals as separate, disconnected points – whether those individuals are business customers or consumers – is over.

“As everyone gets the power to tweet or blog or post on facebook, as every business becomes more intertwined with others… the winners will be those that find and organise groups of people that want to be organised.”

Why did we appreciate his answer?

Because, if you’re reading this, we hope that you’re one of the many young professionals who relate to what we’re doing and want to be part of our Tribe.

It’s not rocket science but it is a new concept for a lot of businesses and it is certainly a lot more fun than starting a traditional transactional business with buyers and suppliers.

Our advice?

Read Tribes, reflect on how you could apply it to your idea, and get online and make something happen…

  • http://www.tinnitus-zalaman.de Ilse Maria Zalaman

    the business trends which might become successful business models of the future are those which continue to integrate human interactions and needs as well as provide transparencies in order to promote and gain a broad scope of social and educational power for their customers and employees by integrating more bottom-up and vertical interactions rather than relying on top-down authoritive management decision-making procedures.

  • Rob

    Thanks very much for your comment Ilse. We should have mentioned that this isn’t the complete answer to ‘the biggest business trends over the next 5 years’ 😉 but just Seth Godin’s offering!

    Completely agree that Transparency, Human Interaction, and Peer-to-Peer Connections are all on the radar for innovative and forward-thinking organisations.

    Thanks for taking part.

  • http://www.blogercise.com Blogercise

    I find Seth’s nuggets interesting to following but I am not convinced that this is the only way of looking at things, like you say it’s only one view of the future and one that seems somewhat fuzzy to me. I might even argue that this view can indeed be superimposed on existing older businesses. But the idea has been dressed up and sold in a new way, it’s like we are waiting for the child to point out the truth behind the Emperor’s new clothes.

    Last year I moved from a forward thinking Internet company (beer on tap in the office, pool table, 20% time and all that – heck why did I leave?!) to go back to work in the City participating in one of the oldest financial markets in the world. Perhaps the biggest contrast in environments you could imagine!

    Both have pros and cons and I have to say that the “old school” business models aren’t beaten yet. But whether this is because modern approaches still need time to evolve or not is something only time will tell.

    Cheers B.

  • Rob

    Absolutely agree that it is only one way of looking at things.

    However, I do believe that organisations and business models that don’t change eventually get over-taken by more agile / innovative newcomers. I’m also absolutely sure that technology, the internet & social media aren’t a ‘magic bullet’ for new business models…

    There is always a requirement for doing the traditional ‘old school’ things well no matter how innovative / all-conquering you think you are!

    Your old office sounded great :-)