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Ask the Entrepreneurs: 11 Noteworthy Businesses Monetizing the Shared Economy

Ask the Entrepreneurs: 11 Noteworthy Businesses Monetizing the Shared Economy

Ask The Entrepreneurs is a regular series where members of those involved in the Young Entrepreneur Council are asked a single question that aims to help Lifehack readers level up their own lives, whether in a area of management, communication, business or life in general.

Here’s the question posed in this edition of Ask The Entrepreneurs:

Shared economy is big business. Name one sharing service that’s catching a buzz among your fellow business owners for making life easier.

1. SittingAround for Mompreneurs

    Babysitting coops is a concept that many mompreneurs find interesting in the early stages of startup when you can’t justify paying a babysitter or nanny, but you also can’t justify not. Sharing the responsibility with other trusted parents is a great way to work around the expense of childcare while building your business. Services like SittingAround makes it easier to manage!

    Jennifer Donogh, Young Female Entrepreneurs

    2. Soar With SurfAir

      SurfAir

      is getting a lot of buzz, despite not having launched or owning any planes yet. The concept is simple — “all you can fly” short-haul routes on small, private planes for a flat monthly fee, without all the hassles of big airports or the TSA. I’m hoping they succeed; it’s a great and very disruptive idea.
      Matt Mickiewicz, Flippa and 99designs

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      3. Exec Offers Assistant

        Exec

        , a new startup, allows you to hire an assistant for $25 per hour. A few of my startup friends use the service when they need to quickly increase temporary staff (i.e. during a big sales day). Another uses Exec staff to run personal errands, thereby freeing up the entrepreneur’s time to run her business. Sharing an hourly assistant provides incredible flexibility for startups.

        Aaron Schwartz, Modify Watches

        4. Carpool Through Ridejoy

          Collaborative consumption meets carpooling with Ridejoy, an awesome service that helps you find and share rides with friendly people across the country. Sounds scary, maybe, but it disrupts a market that too many people trust to Craigslist and opens up an entirely new one.

          Derek Flanzraich, Greatist

          5. TaskRabbit Gets It Done

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            TaskRabbit

            , the site that helps you get tasks done efficiently, is part of the collaborative consumption economy. Anyone can post a task that needs completion, and other people on the platform can bid to complete the task. Whether someone needs a courier, an editor, or someone to help set up IKEA furniture for the office, TaskRabbit is used a lot by business owners.

            Doreen Bloch, Poshly Inc.

            6. Overnight With Airbnb

              Business owners today are more mobile than ever, and sometimes we feel like we don’t have a home when going from hotel to hotel. Airbnb still allows us to stay in a home in the cities we’re traveling to and do it for rates that often trump the best deals you can get in a hotel. In the next few months, I’ll be in NYC a lot, and I’ll use Airbnb and the reviews there to locate where I’ll stay.

              Shaun King, HopeMob

              7. Coworking With Regus

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                Shared office space is great for small business owners who don’t have the money for an actual office, or for those who simply don’t need one. I used a shared space via Regus for several meetings with local clients. Also, sharing office space can provide you with a professional network, as you work side-by-side with like-minded individuals.

                Andrew Schrage, Money Crashers Personal Finance

                8. Settle Down via DeskWanted

                  DeskWanted

                  helps you find coworking spaces all around the world, which is fantastic for us entrepreneurs who are always en route. It helps you find coworking spaces that you can work at for the day, or meeting spaces to meet with clients or partners in the city you’re in.

                  Natalie MacNeil, She Takes on the World

                  9. Drive Anywhere Wtih Zipcar

                    Owning a car can be expensive for an entrepreneur trying to save money and stay lean. With Zipcar, I don’t have to worry about parking, gas, insurance, or maintenance! I can get to all my meetings and save money!

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                    Bhavin Parikh, Magoosh Test Prep

                    10. SnapGoods for Gadgets

                      SnapGoods

                      allows you to easy and safely rent/borrow gear or gadgets for as short as a day. It’s a great way to try out a product before buying it or rent a bike for the day.

                      Josh Weiss, Bluegala

                      11. Hire Help Through Zirtual

                        My Zirtual assistant saves me a ton of time each day. Given the excess demand for the service, you can’t sign up unless a current client invites you. If you message me, I’ll gladly help!

                        Kevon Saber, Fig

                         

                        (Photo credit: US Dollars with Coins in Front via Shutterstock)

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                        Last Updated on June 1, 2020

                        10 Reasons Why Following Your Passion Is More Important Than Money

                        10 Reasons Why Following Your Passion Is More Important Than Money

                        Elite Daily have got some great points as to why you should chase down your dream job, regardless of how much the wage is. If you’re feeling unfulfilled in your career, maybe it’s because you’re on a path that doesn’t connect with your passion? Maybe it’s time to steer right off that road and take a different route:

                        Money is a very powerful thing, it builds empires and breaks down kingdoms, it allows for dreams to come true and it takes others away, it makes some people happy and others completely miserable. Today the pursuit of money is almost directly linked to the pursuit of happiness, many will argue that money = happiness.

                        However, this is inherently problematic as this mindset leads many people to stray down a path that doesn’t best suit them. When people choose their careers, they are sometimes blinded by money and so choose to follow the paper trail. Although money is great and can buy us all the things that will temporarily make us happy, no amount of money can buy time. Time is our most valuable asset and it is something, that while on this earth, we should spend most wisely. You shouldn’t feel like you’re mindlessly wasting your life away

                        This generation is particularly in trouble because jobs are scarce and many of us will be stuck doing jobs we hate just because we need money. Although this may be the right move for our careers now, this shouldn’t be something we do for the rest of our lives. it is best we search for something we are passionate about. Here are the 10 reasons why you should follow your passion and not the money.

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                        1. Working for money may seem like good enough motivation for one to keep at their career.

                        Every morning Monday through Friday you go to work 9 to 5 sitting their punching away the hours stressing about the work at hand. This is not a way to enjoy your life. Working for 8 hours a day 5 times a week at something that makes you miserable is not the way you live life to the fullest.

                        Many people who choose careers that don’t make them happy will tell you that they would all do it differently if they had the chance. You only have one life, so don’t waste it working somewhere you hate just because of the money.

                        2. You’re more passionate about the work you are doing.

                        There is nothing worse than having to wake up every morning during the week to mindlessly go do work you don’t even care about. However, this is never really an issue when you are passionate about the work you do. If you are not forced to work somewhere because of monetary constraint, you truly enjoy what you do and you never really work a day in your life.

                        3. You can relate more to the work and come up with better ideas.

                        Being forced to do work is one of the most draining experiences. While there are times at every job where you may feel the work may be draining and dull, you have to realize that not every day is going to be an enjoyable one. There are highs and lows, but when you are passionate about the work you you look past the dull days. Your creative process is also different. You are more inclined to come up with creative ideas when you like what you do.

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                        4. Work doesn’t feel like it’s forced upon you.

                        When you value money over your overall health and your passion, you will find yourself in an endless cycle of misery. Work no longer becomes a career or a journey, but more of a  taxing nuisance on your mind and body that has to get done.

                        Every day that you go to work with this mindset you begin to hate your job more and more. While many people feel that they must work hard to retire and have money to enjoy themselves, what’s the point of enjoying yourself in your later years when you spent your life being miserable?

                        5. No matter how much money you make, nothing will help you overcome the feeling of doing something you hate.

                        Many accountants come into corporate America, put in reckless hours during the week and make a great paycheck on pay day. Many of them have all this money piled up, but they never really get to enjoy the fruits of their labor because their labor takes up most of their lives.

                        Many of them hate their jobs because they aren’t really passionate about what they do. Is there a worse feeling than doing something you hate? Eventually this hatred will cause stress and in the long run, it will have lasting effects on your health.

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                        6. You are more inclined to work later hours.

                        When you work somewhere that you are passionate about, putting in later hours isn’t as much of a burden as it is when you don’t like what you are doing. To you, putting in the extra hours doesn’t hurt as much because you don’t feel like you are forced to do it, which makes the experience that much more enjoyable.

                        Every industry has a busy season and without a doubt there will come a time when you will need to put in the extra hours. Will it be easier for you to work longer on something you can relate to or something you can’t stand doing?

                        7.You are willing to go above and beyond the call of duty.

                        Certain obligations at your work will require you to go above and beyond the call of duty. In certain times during the busy seasons, you may be asked to do certain tasks that are not part of your everyday schedule. It is much easier for you to put in the extra work if it’s something you actually care about. Because you are passionate about your job, you will be willing to put in the extra effort to go beyond what is required of you.

                        8. No obstacle will stop you from achieving success.

                        When you really enjoy what you do, nothing will stop you from getting your work done. Because you are passionate about what you do, you feel unstoppable and nothing can obstruct you from achieving greatness. Your passion ignites your work, and like a rocket, it accelerates you past road blocks that may come about. Any obstacle that comes your way is accepted and fought off with a creative solution.

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                        9. Our working careers will consume most of our lives, so we might as well do something we enjoy.

                        You will spend a majority of your life working and there is no other way around this fact unless you are born into a wealthy family or marry rich. For the rest of us who weren’t fortunate enough, we will be spending a good portion of our lives working in order to make ends meet.

                        There is no way around this, so we might as well accept the cards we are dealt. Many people go about this the wrong way because they feel like work is something they have to do rather then something they can enjoy. Once you realize that your career should be something you enjoy, then you will lead a more happy and fulfilling life.

                        10. You will get more fulfillment when you finally make it.

                        There are few feelings better than achieving a level of success you set out for yourself. Nothing like crossing off your bucket list of goals you set out for yourself to achieve. When you finally reach the pinnacle, it is that much more enjoyable knowing you got there doing something you love. Remember work doesn’t have to be something that you hate doing, stay true to yourself and always do what makes you happy.

                        The 10 Reasons You Should Follow Your Passion And Not The Money | Elite Daily

                        Featured photo credit: Randalyn Hill via unsplash.com

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