Wednesday, October 13, 2010

Where Will You Be in 2020?

Need help mapping it out?  Start here:

Intuit 2020 Report
Twenty Trends That Will Shape the Next Decade

Our friends and colleagues over at Small Biz Labs/Emergent Research and Intuit (press release here) have done an amazing job producing a document that will serve as guide for our future.

This is a must read for anyone who wants to stay ahead of the pack on all things related to global economic growth and the power of the Internet.

10.  Industrializing Countries Emerge as the New Engine for Global Growth.

Imagine a world where businesses big and small cater to a new middle class who lives outside of their traditional markets.

In the coming 10 years, consumer spending will increase in the developed world, but not to prerecession growth rates.  Aging population, depleted savings and a debt hangover will restrain spending rates for these countries.  However, the developing world will experience significant economic growth with more than 1 billion new middle class consumers fueling global consumer spending.  Successful businesses will adjust their products and services to meet the needs of these new middle class consumers.

Access report here.  A PDF file of the report is available at

Posted by:  Laurel Delaney, The Global Small Business Blog

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