While common conception of working in Wall Street is high pay, respect, authority and power, many young workers have more to say.

Mr.Ferdman, 28, was laid off only 6 months after he was hired, for the second time since 2008. As people like Mr.Ferdman increase, frustration in the labour force is growing and students in MBA are less motivated to go into finance or accounting, specializations that are hired most frequently in Wall Street.

Many laid-off workers claim that they are now looking for smaller firms outside new york where they can have more stable jobs instead of high salary, style and admirable jobs that high-achievers shoot for in Wall Street.

This may be a negative influence for firms in Wall Street as young employees are less likely to work as hard and demonstrate loyalty for their companies. However, from a macro perspective, spreading of bright and high achieving individuals may reduce the dependence the world has on Wall Street. Without a doubt, there are still lots of young people that attend the prestigious schools, have wide network, and are very talented in their jobs. But it no longer seems important in Wall Street.

“Health Care” by Maria Fung, addresses the issue of rising private hospitals that charge patients, which to a large group of people, seem unconstitutional.

Ethically and politically, it is true that charging patients in Canada is “not Canadian.” However, in terms of business, such ventures can be extremely profitable and be rather helpful social enterprise for community.

Long lines are not the only disturbance of universal health care. The government is unable to provide enough medical tools, doctors, and technology in a timely fashion. For example, a long line of people in emergency centres defeats the purpose of “emergency centre.”

If what the government desires is to – keep everyone healthy, and continue economic growth – then private hospitals can improve everyone’s well-being.

Implementation of private hospitals does not mean that some people won’t be receiving medical care; it does mean, however, that the ones unsatisfied can have the option to pay for extra care. After all, a hospital is a health-care institution providing patient treatment by specialized staff and equipment. Why, then, should such socially caring institution that can create jobs and increase revenues for business and for economy as a whole, viewed negatively? It may be an issue that people should reconsider.

“I Just Want to Pass”, a blog by Naheel Jawaid reveals an interesting venture that:

1. Promotes students to write clean and quality notes and sell off internet to make money.

2. A firm that raises money by simply charging transactions.

3. Allows students to gain access to valuable, great notes to help their learning.

With such profitable social enterprise that helps all individuals involved in the business, the market is rapidly growing and more firms with similar ideas are launching their platforms. This phenomenon is a positive change for community as more jobs are being created and more individuals are being helped.

An increase in such websites also raises the ability of students to research/network on the internet, adding to the academic help they may receive from the site.

A personal experience with a similar website demonstrated to me that it can be more efficient with easy search engine tools, fast transaction of information and lots of participants.

This prospective market will grab even more attention in future; and carefully observing to see how it benefits society will be interesting.

Tina Rosenberg, blogger of “For Weight Loss, a Recipe of Teamwork and Trust“, demonstrates the importance of teamwork and cooperation in order to effectively help lower obesity of individuals.

As a group of people motivate each other, going on a diet becomes easier. Rosenberg, through several experiments, reveals when a group consisting of around 12 people meet regularly to discuss and find solutions to help lose weight, the results come out quicker and more effectively.

One method displayed in the blog is when leaders/firms give the participants a certain amount of reward (i.e; money, food, etc), they are more likely to get involved and the results come faster.

Many enterprises are coming into this industry, creating cross-functional and problem solving teams to help and create a team approach to weight loss. Such social enterprise helps both the overweight individuals, that reduces many potential illness resulting from obesity and also creates a profitable business that can gain multifarious customers and implement more business opportunities and jobs.

Please read the link under if you are interested in this issue!

http://www.nationalobesityforum.org.uk/index.php/lifestyle/adults_/role-of-primary-care/135-teamwork.html

As technology improves, communication around the globe is becoming easier, more efficient and more effective. As a result, more international entrepreneurs are exploring foreign nations and discovering new paths for success over the globe.

Sam Walton, founder of Walmart, is an entrepreneur that possesses all the necessary qualities to be successful. His value of home town identity where each customer is warmly welcomed by the workers is the company’s prime foundation of success. In addition, Walmart’s policy of – donation to charities and the low price and low line up for buyers – make the company more attractive and likeable for customers.

Although he started the business with only $25,000, Sam Walton was able to turn the business into a corporation with 600,000 workers. In spite of his risky start, his values and work have made him become wealthy and a successful entrepreneur. It may be very crucial for rising entrepreneurs to look at Walton’s example and gain insights to become a better, innovative entrepreneur.

With Greece desiring to abandon euro to devalue the debt they owe, there arises a huge concern for other European nations trying to save the economy.

Surprisingly, there are people willing to invest on Greece, as they believe “things are dynamic and rapidly changing.” Politically and ethically, this is a huge risk as endless attempts are being made to rescue Greece from current crisis.

As major financial institutions in Europe become short of capital and multifarious transactions are being made(meaning rapid cash flow), private equity will have the funds to invest and play, and they have opportunities to make a fortune in a collapsing economy. In addition, banks may have to reduce their balance sheet to hurriedly find a method to substitute the capital that was put to call debt in Greece.

One way investors can make money is to invest in emerging market hedge funds.  Experts state that “emerging markets start off in a better place if there is a downturn in the global economy and a reversal in commodity prices”.

Tremendous amount of money is flowing into emerging markets and the currencies. This risky yet potentially profitable investment will be an interesting topic to observe for investment companies over the world.

China has been one of the few economic growing powers in the world recently, and in order for this to continue, there have been suggestions that a solid base of domestic consumer should be established. In a country where nationalized firms and huge corporates are favored over individual business and small trades, the gap between the rich and poor is immense.

With decreasing foreign buyer power as global economy struggles, it is important that Chinese domestic people spend. Without spending, even the Chinese economy might encounter similar financial hardship and slow growth like the current U.S, Japan, and most of European nations.

However, research demonstrates that it was actually the saving not the spending that had created the foundation for current economic growth in China as these savings go into run large banks in the nation. This becomes interesting as this analysis states that as the nation progresses, people are rather getting poorer and they are losing even more buyer power.

In that case, what would be the ideal move for the Chinese government? Should they encourage spending or saving? With current economic struggle that most countries are facing, China’s action, without a doubt, is attracting lots of attention.

The European economic crisis has been endlessly aggravating, and Greece is no longer able to sustain itself financially. Two major economic leaders of Europe, Germany and France declared that they are very near to recapitalizing banks.

In spite of this hopeful and confident statement, neither is sure as to exactly what they need to do to actually put this into action. This major announcement occurred on the same day that the governments of France, Belgium and Luxemburg, nationalized Dexia, the biggest bank in Belgium. This bank was the first to be victimized by the European crisis.

The impact is massive, as major banks in Europe are also put under pressure. From a foreigner’s perspective, this is interesting and worrying. The global effect will be unavoidable and Germany and France’s confident yet somewhat bold statement may be disappointing and unreliable.

European people are beginning to look themselves from an outsiders’ view and are slowly changing their customer habits, spending less, and trusting banks less. It will be interesting to see how Germany and France act to support their words, and enhance the crisis.

TruantToday is a messaging service company founded by two high school entrepreneurs, Zak Kukoff and Jonathan Yan, that notifies parents instantaneously via text and email when students cut or “skip” their classes. The group’s objective is to decrease absence and restore state and federal financing to school districts, which can lose as much as $50 each day that a student is missing.

This practical and somewhat simple-minded idea has transformed into an influential business helping schools and governments save tremendous amount of money, as well as motivating students to attend classes more. The project will be receiving $500,000 of funding for having an innovative idea, and such kind of reward gives hope and motivation for everyday people that are looking to start their own business.

TruantToday is further looking into expanding service all over the U.S, and this will be a positive influence as schools will save money and students will receive better grades, efficiently maximizing the full potential of education. A variety of analysis indicates that this will alter the minds of students as well, since they know the consequences of cutting their classes. With such enterprise, financially and morally, society and individuals can gain and improve.

Yes, iPhone 4s! Apple, after delaying the release dates of iPhone 5 a multiple times, has disappointed the world by announcing their release of iPhone 4S. Stocks have dropped significantly, $20 decline to around $355 per share, demonstrating the rapid response of discontented people. In spite of the low expectations about iPhone 4, Apple was able to surprise and impress customers with the smooth iOS UI remain and the retina display. This led to even higher expectation for customers.

For the first time in a while, this Apple will encounter a huge competition. In spite of the incremental software and hardware upgrade the iPhone 4s has made, average customers are more willing to wait, and see if iPhone 5 will make an even greater enhancement.  With iPhone4s’s current and future competitors such as Samsung’s Galaxy S II and Nexus Prime, Apple will likely have to engage in a war with these rivals.

Apple’s decision to release iPhone4 had its reasons. But they may not be important elements for customers when they make decisions to purchase a new phone. With such information, it will be interesting to see how iPhone 4s performs in the market.