Hop on the Rise of the Sharing Economy
Hop on the Rise of the Sharing Economy
By Amiad Soto / triplepundit.com
Sep 30, 2015

The sharing economy is definitely on the move, with people sharing their bedscarsfood,clothing and even pets. Over the past few years, hundreds of companies have popped up that offer users a way to make money without buying anything, through using the things they previously acquire. Airbnb and Uber are probably the two most well known examples. Just like the rise of the ‘prosumer,’ the sharing economy allows you to be both the producer and the consumer.

The social stigma around sharing is receiving less of “who would do that…” and more of ‘sign me up!’ Some would even say it’s trendy. With the sharing economy on a roller coaster ride that’s only going up, the question that remains is: How do you join in and make a dime — or an impact?

There’s a multitude of things that you can do to join in the sharing economy. Whether you’re on the supply side or the demand side, there’s a lot of ways people can take part.

Casserole Club, for example, takes home chefs with a passion for cooking and matches them up with people looking for a nice hot plate of food. Or maybe you want to add your business to the mesh community, with 10,000 companies like Kickstarter and Groupon, to collaboratively share services without downright owning them.

New ways of doing business

The sharing economy has got us all thinking of new and innovative ways we can make money by renting different aspects of our lives. Part of the reason why Airbnb is so successful is because there are ample amounts of both supply and demand. Buyers know that there’s an abundance of high-quality options for their accommodations, and sellers can see the worth in return. Once there’s liquidity in the marketplace, the company can grow — and grow quickly.

The average person with a good idea knows that he or she can’t compete directly an entity startup like Airbnb. That’s why upstarts have become smarter by doing less and, in the spirit of the sharing economy, working collaboratively with established firms like Airbnb. It takes a creative and innovative mind to find new ways to tie your business into the already growing sharing economy. If you can find your niche of something that could supplement or build upon established businesses, pursue it.

Find your inspiration

Sharing-economy innovations range from Airpnp, an app that directs users to the nearest restroom — rented by homeowners or businesses, to Holidog, an app that connects dog-owners who are going on vacation with people who want to foster a dog.

Just a few years ago, it would have been absurd if people were talking about lending their dogs to complete strangers or going to an unfamiliar apartment to use the restroom. Today, it seems that if you’re not on the sharing economy bandwagon, you’re missing out on huge opportunities. There are a lot of ways you can take part and get involved — from renting out your apartment when you’re on vacation, to initiating your own platform to allow sharing of resources. If you see a large demand for something and you can find the equivalent supply, you’re on to something because today, as it seems, we’re willing to share just about anything.

The future of sharing

Comparable to online shopping, which has been around for over a decade, people were skeptical about security in the sharing economy at first. Today, sharing economy services like Airbnb or car-hire businesses encourage first-timers to try other offerings. They provide new opportunities for enterprise and push for an element of trust among random individuals.

The sharing economy is now large and disruptive enough for people who want to get involved. This is an indicator of its capabilities. It’s changed the thought process of our population. People now have amplitude to reallocate resources and lessen waste.

0.0 ·
0
Trending Today
"The Myth of Time" - Martin Luther King Jr.
3 min · 12,093 views today · Excerpt from MLK Jr.'s last sermon, "Remaining Awake Through a Great Revolution". Delivered at The National Cathedral on March 31, 1968 (4 days prior to his...
How a Lack of Touch Is Destroying Men
Mark Green · 6,112 views today · Why Men Need More Platonic Touch in their Lives
Surviving Capitalist Depression
Michael Emero · 6,046 views today · We live in a toxic society filled with toxic people. Even the ones with the best hearts- including ourselves- have been raised in ignorance, with disinformation. Our examples...
Real Underground Kingdom That Has Existed for Millions of Years Went Unnoticed, Until Recently...
Kid Krunk · 6,040 views today · 28 Stunning Photos Of The World’s Largest Cave
John Lennon's "Imagine," Made Into a Comic Strip
John Lennon. Art by Pablo Stanley · 3,238 views today · This is easily the best comic strip ever made.  Pabl
Hans Rosling Brilliantly Explains Complexity of Population and Resource Issues Using Simple Tools
3 min · 2,114 views today · Let me show you the world, says Swedish academic Han Rosling as he demonstrates the dynamics of population growth, child mortality and carbon dioxide emissions. The challenge...
How Wolves Change Rivers
4 min · 2,010 views today · When wolves were reintroduced to Yellowstone National Park in the United States after being absent nearly 70 years, the most remarkable "trophic cascade" occurred. What is a...
A Hauntingly Beautiful Short Film About Life and Death
5 min · 1,892 views today · The Life of Death is a touching handdrawn animation about the day Death fell in love with Life.
True Justice Should Have Compassion in It
Thich Nhat Hanh · 1,798 views today · I believe that true justice should have compassion in it. When someone does something harmful, destructive, the destruction is done not only to the person who is the victim...
Today I Rise: This Beautiful Short Film Is Like a Love Poem For Your Heart and Soul
4 min · 1,766 views today · "The world is missing what I am ready to give: My Wisdom, My Sweetness, My Love and My hunger for Peace." "Where are you? Where are you, little girl with broken wings but full...
The Price of Certainty
7 min · 1,074 views today · It’s alarming to see how polarized politics have become in the United States. The wider the gulf grows, the more people seem to be certain that the other side is wrong...
What It Really Means to Hold Space for Someone
Heather Plett · 855 views today · How to be there for the people who need you most
What Makes Call-Out Culture So Toxic
Asam Ahmad · 721 views today · Call-out culture refers to the tendency among progressives, radicals, activists, and community organizers to publicly name instances or patterns of oppressive behaviour and...
Touch Isolation: How Homophobia Has Robbed All Men Of Touch
Mark Greene · 588 views today · Homophobic prohibitions against male touch are hurting straight men as well.
How to Fire Your Boss: A Worker's Guide to Direct action
IWW · 541 views today · The indignity of working-for-a-living is well-known to anyone who ever has. Democracy, the great principle on which our society is supposedly founded, is thrown out the window...
Meet the Earthship
7 min · 395 views today · Outside of Taos, New Mexico, you'll find a community of people living in off-grid homes made of garbage. The homes are called Earthships and were invented by Michael Reynolds...
The Importance of Empathy
3 min · 382 views today · With an increasingly polarized and divided world, we need empathy more than ever before. Too often we are talking at each other, unable to listen and jumping to entirely wrong...
HUMAN (2015)
382 min · 373 views today · What is it that makes us human? Is it that we love, that we fight? That we laugh? Cry? Our curiosity? The quest for discovery?  Driven by these questions, filmmaker and artist...
Growing Huge Amounts of Food on 1/2 an Acre - Urban Abundance
5 min · 335 views today · In the small town of Oxford, Kane and Fiona Hogan have transformed their urban 1/2-acre property into abundant veggie gardens. Their business Urban Gardener aims to build...
The Top 100 Documentaries We Can Use to Change the World
Films For Action · 327 views today · A more beautiful, just and sustainable world is possible. Take this library and use it to inspire global change!
Load More
What's Next
Like us on Facebook?
Hop on the Rise of the Sharing Economy