by Erik Sherman

Going once, going twice—the winners of this year’s Nobel Prize in Economic Sciences are two Stanford economists whose work lets the world make mobile phone calls, switch on a light, and buy and sell on eBay.

Robert Wilson and Paul Milgrom, are famous for their groundbreaking work on auction theory. They took the 2,500-year-old practice of selling goods to the highest bidder and transformed how they worked and how the world looked at a result.

One of the major areas they developed was analysis of how the rules that govern auctions affect the efficiency of the outcomes—how bidders get the value they want, sellers maximize their income, and the process can happen more easily and quickly. Then they found ways to move beyond the fast-talking and gavel-banging stereotype of an auction and into many new types that new rules could enable.

“Sometimes the invisible hand of the

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Running an online business and being your own boss definitely has its appeal. In fact, it’s so enticing that the number of registered online businesses in the country is now 40 times more in the past five months[1]. Definitely, the internet is a great medium to connect with customers without leaving home. However, starting an online business also has its challenges—the biggest one is coming up with enough money for capital. But don’t worry because there are many online business ideas you can start for as low as PHP 2,000.

Want to take the leap? Keep on reading to learn more about online business ideas in the Philippines you can start in 2020.

Online Business Ideas 2020

1. Make Artisanal Candles

online business ideas 2020 – candle business

Aromatherapy candles can help people relax after a tiring day. They are perfect to cap off a busy workday,

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In 2019, $130 billion was spent on digital advertising alone, as major retailers, consumer packaged goods companies (CPG), and media outlets embraced the ever-online customer. Despite these massive digital marketing budgets driving global ad campaigns, many marketers still lack the confidence to answer the age-old question: Is my campaign working?

Alex Yastrebenetsky and Michael Loban wrote Crawl, Walk, Run to be the practical guide for navigating each stage of analytics maturity, taking readers step-by-step through an analytics maturity framework to achieve greater efficiency and increased confidence in their marketing decisions. I recently caught up with Alex to learn what inspired him and Michael to write the book, along with his favorite idea he shares with readers in the book.

Published with permission from the author.

What happened that made you decide to write the book? What was the exact moment when you realized these ideas needed to get out there?

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JACKSONVILLE, Fla., Oct. 13, 2020 /PRNewswire/ — GuideWell Mutual Holding Corporation (GuideWell), the parent to a family of forward-thinking companies focused on transforming health care, announced 13 health-tech companies from across the nation will showcase solutions that address some of the major challenges of the current health pandemic today at the GuideWell COVID-19 Health Innovation Collaborative Showcase. A virtual substance abuse support system and an AI-powered COVID-19 symptom attestation platform are among the concepts and prototypes that will be featured.

All of the ideas focus on increasing the scope and scale of resources to reduce the complex stress factors COVID-19 is having on our country’s health care system. 

“Overcoming the health care challenges associated with COVID-19 requires out-of-the-box thinking from some of the brightest minds,” said Camille Harrison, senior vice president and chief operating officer of GuideWell Commercial Markets and GuideWell Innovation. “It is more imperative than ever

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The three candidates for the District 6 seat on the Orleans Parish School Board have different ideas about what the board should prioritize. 

Business owner David Alvarez wants the board to work harder to ensure charter schools are transparent and accountable to the public they serve. 

Public school parent and college coach Erica Martinez wants to see stronger mental health services in schools, as she’s worked closely with students who have seen significant trauma.  

And Carlos Zervigon, a former teacher and charter school board member, wants to see changes in schools’ management of special education students, among other priorities. 

The candidates, all Democrats, are vying to represent a district that covers Uptown and parts of Central City, now held by longtime board member Woody Koppel. Early voting for the Nov. 3 race begins Friday and runs through Oct. 27. 

Alvarez

Alvarez, 48, has specific plans for everything from improving teacher

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At first glance, the words “risk-averse” and “entrepreneur” don’t seem like they’d go together. After all, entrepreneurship is an inherently risky business — insert your mental image of an 80s- era Tom Cruise here.

But in reality, entrepreneurship does still have room for more risk-averse individuals.

There’s a lot more to reducing risk than finding a proven business idea in a seemingly stable industry. Sure, a “proven” business idea is a good start, but the way you choose to run your business will go a long way in reducing immediate and long-term risk so you can have a successful entrepreneurial career.

Embrace Adaptability (And Be Willing To Adapt, Too)

Survival as a freelancer or solopreneur often comes down to being flexible — or being able to quickly pivot, learn and thrive in new ways.

This isn’t just true during times of crisis. Market conditions change all the

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Sponsored content: Kenyan women enrolled with the BOMA Project have turned to making face masks for income as livestock markets are shut down

Three women in Samburu County, northwestern Kenya, started a tailoring business to diversify their income streams and increase their resilience to the impacts of both coronavirus and the climate crisis.

Like many pastoralists in Northern Kenya, these women traditionally depend on livestock markets to make a living, but the government closed them down after the outbreak of Covid-19. To adapt, the group invested in a second-hand sewing machine and are now making face masks, which they are selling across the region.

In pivoting to the new face mask business, the women have increased their resilience to both Covid-19 and the climate crisis – they are now able to make an income without waiting for the government to reopen the livestock markets, and they are less dependent on

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In times of crisis, companies and management tend to be judged by metrics other than the normal key performance indicators.

A case in point is Quixant, which makes hardware, software and display technologies used predominantly by the gaming, broadcast and healthcare sectors.

Its recent interims, hailed by ‘house’ broker, finnCap, as ‘beating the odds’, revealed how management, led by Jon Jayal, was able to navigate some potentially treacherous markets as coronavirus began its deadly global spread in early 2020.

What stood out was not the modest loss, but Quixant’s ability to manage its financial reserves, which were $17.4million as at September 28, 2020, up from just over $16million at the end of last year. It also has $12.4million of undrawn borrowing facilities.

Revenues for the gaming operation halved as casinos from Macau to Vegas shuttered

Revenues for the gaming operation halved as casinos from Macau to Vegas shuttered 

Cash is king when you are being buffeted by the extraordinary economic turbulence caused by

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(Bloomberg Opinion) — Mainstream, middle-class Americans and others have in recent months developed a keener appreciation for the merits of “diversity” and “inclusivity.” U.S senators have taken a knee to protest police violence — a gesture that ended a major sporting career not that long ago. Ralph Lauren Corp. has resolved to have Black, Latinx and Asian workers comprise 20% of its global leadership. The Academy of Motion Picture Arts & Sciences now requires that films competing for its Best Picture award have diverse casts and crews.



a group of people in a room: WASHINGTON, DC - JUNE 08: (L-R) Sen. Cory Booker (D-NJ), Senate Minority Leader Charles Schumer (D-NY), Sen. Kamala Harris (D-CA), Speaker of the House Nancy Pelosi (D-CA), Rep. Karen Bass (D-CA) and House Majority Leader Steny Hoyer (D-MD) join fellow Democrats from the House and Senate kneel in silence for eight minutes and 46 seconds to honor George Floyd in the U.S. Capitol Visitors Center June 08, 2020 in Washington, DC. Democrats are introducing new legislation to end excessive use of force by police across the country and make it easier to identify, track, and prosecute police misconduct following the recent deaths of unarmed African-Americans in police custody, including George Floyd, and the nationwide demonstrations demanding an overhaul of law enforcement. (Photo by Chip Somodevilla/Getty Images)


© Photographer: Chip Somodevilla/Getty Images North America
WASHINGTON, DC – JUNE 08: (L-R) Sen. Cory Booker (D-NJ), Senate Minority Leader Charles Schumer (D-NY), Sen. Kamala Harris (D-CA), Speaker of the House Nancy Pelosi (D-CA), Rep. Karen Bass (D-CA) and House Majority Leader Steny Hoyer (D-MD) join fellow Democrats from the House and Senate kneel in silence for eight minutes and 46 seconds to

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There are scores of good books devoted to where new ideas come from, but when did you last see anything about where do old ideas go to? There is danger when we are not mindful of an idea’s inherent perishability, and continue on with it well past its prime potency. This is what the avant-garde composer John Cage referred to when he admitted that while many people are afraid of new ideas, he was afraid of old ones. 

When was the last time that you had a good idea go bad? Or, turned for insights to knowledge that you had relied upon, perhaps frequently in the past, only to find that it was no longer so dependable? It happens to all of us. Few things have moved the world so successfully in

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