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Category Archives: Entrepreneurs

Robots are Having their Shining (and Cleaning) Moment

Robots are Having their Shining (and Cleaning) Moment

The coronavirus pandemic has underscored the need for heightened cleaning and hygiene practices in office buildings. Practically overnight, the need for comprehensive, reliable, and regular cleaning became a primary focus. Robots are emerging as cost-effective solutions to the challenge of properly and regularly washing and disinfecting large public areas.

Robotic home cleaners are now being industrialized and developed for office use.

Neo, for example, a four-foot-tall, 1,000-pound robot floor scrubber, is a top-of-the-line high-tech machine capable of navigating large commercial spaces with no supervision. It is a more sophisticated and thorough version of popular robotic home-cleaning devices. Created by  Avidbots, a Canadian start-up, in 2016, Neo has enjoyed burgeoning sales each year; so far in 2020 sales have increased by 100%.

Somatic, a start-up in New York, is developing a robot to clean bathrooms using spray technology. The absence of a human resource cleaning the bathrooms increases safety as fewer germs are spread. Robots have additional benefits as well: they can be scheduled to run frequently without increasing the cost of paid labor; they don’t mind the repetitive and tedious chores of cleaning; they are more water and energy-efficient and use less cleaning supplies. Some robots are being developed to report data like how much cleaning materials were used, space covered, etc.

Robotics have been introduced in many aspects of “back-office” jobs. Dull accounting tasks were replaced by machines years ago, according to a 2018 report from Deloitte.  With more top executives and industry leaders getting involved in the details of maintenance and cleaning, as part of resuming regular in-office work and ensuring the safety of employees, there is more interest in identifying economical and efficient solutions. To most administrators, this is the next logical step in maintaining the “smart office” design.

New York Times Buys ‘Serial’ Podcast’s Production Company Behind

New York Times Buys ‘Serial’ Podcast’s Production Company Behind

The New York Times, building on the success of the “Daily” podcast it parents, is expanding its role in audio journalism. The Times Company bought Serial Productions, the company behind the hit podcast “Serial,” for $25 million. The purchase will facilitate the production company’s capacity to increase the number of shows it makes, and will… Continue Reading

Giving Tech Longer Life

The pandemic-induced recession has many people looking for different ways to save. One place to start is by investing in our technology. Put differently: we have to take better care of our tech so it lasts longer and serves us better. Before corona, most of us tended to have no patience for mindfully managing our… Continue Reading

Is Pandemic Tech Hurting or Helping Small Businesses?

Is Pandemic Tech Hurting or Helping Small Businesses?

Small businesses have had to get creative to survive the coronavirus pandemic and the lockdown enforced to curb the spread of the contagion. But the same technologies that sustained these businesses also yielded increased costs and complexities. As our lives are increasingly more digitalized, business owners (of all sizes) are contending with new expenses relating… Continue Reading

New York Offers Grants for Business to Corona Comply

New York Offers Grants for Business to Corona Comply

Corona has forced changes in every part of life. Stores are not the same place we were used to just a few months ago. There are less people walking around, plastic partitions at checkout, customers and clerks wearing face masks, and many more disinfecting stations. These modifications are costly and many businesses, already strapped after… Continue Reading

How Fintech is Helping Small Businesses

How Fintech is Helping Small Businesses

The current ongoing coronavirus pandemic has led to some remarkable business discoveries, including the revelation that fintechs, primarily online financial service companies, are effective liaisons for small business owners as well. The agility and flexibility that most fintech companies have allows them to be responsive in real-time; they experienced fewer policy and bureaucratic hurdles than… Continue Reading

Entrepreneur in the Food Field donates to New York hospitals

Entrepreneur in the Food Field donates to New York hospitals

The coronavirus has been ravaging New York City since March, and local food entrepreneurs stepped in to support healthcare workers on the frontlines. Some have offered free meals, others are packaging to-go bags with ice packs for pick up, and some businesses are modifying their business model to accommodate demands. Cole Riley, for example, founded… Continue Reading

Creativity is the Right Businesses Model for Corona

Creativity is the Right Businesses Model for Corona

With the coronavirus lockdown now entering its 10th week, New York City business owners have gotten creative in their attempts to keep customers engaged and buying. Restaurants remain closed for dining in, but almost all eateries have adopted delivery systems to bring food to diners at home. Amy Schiappa, the owner of two hair salons… Continue Reading

Budgeting in a Crisis: Dos and Don’ts

Budgeting in a Crisis: Dos and Don’ts

It may seem strange to suggest a budget overhaul at a time of so much uncertainty. But that is exactly when these kinds of changes can be most beneficial and impactful. In general, many regular expenses have ceased to be a concern during the corona pandemic. There are virtually no restaurant meals, mani-pedis, or gym… Continue Reading