Friday, January 2, 2015

The Rise of the Sharing Economy and How to Profit From It!


The Rise of the Sharing Economy and How to Profit From It!


Forget selling your used items on eBay, Craigslist or Amazon.com. The new trend is to "rent" your stuff to people. Yes, I said, rent your stuff. No doubt you've heard of Airbnb, Uber, and now the new app Peerby which connects people who live nearby. NPR just did a story about Peerby and the sharing economy.  Fascinating! 


"The Netherlands-based Peerby allows people to find and share stuff through a mobile app. The service plans to launch in 50 U.S. cities in 2015." (NPR)


But this is just the tip of the iceberg. The sharing economy has been growing and it's time you think about ways you can leverage your assets. 


At LAX, SFO, Boston, Seattle and others major airports a service named FlightCar let's you leave your car in their lot while you are away and rent it out. It was started by two teenagers!


People are renting out rooms, cars, backpacks, office equipment, tools, and much more. So the question for you is: What do you have that someone needs to use and rent? After all, why buy when you can share and rent!