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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 August 15, 2018

                        30 Fun Things You Can Do This Summer Without Spending Much

                        30 Fun Things You Can Do This Summer Without Spending Much

                        Summertime can be a real strain on your wallet. The sun is out, there are people to see, places to be; it’s no wonder you might be short of funds during these sunny months. Not everything has to cost you an arm and a leg.

                        Take some time to go through this list of 20 cheap summer activities and make some realistic goals to complete as many as you can.

                        Video Summary

                        1. Visit a strawberry festival

                        Summer is prime time for tasting strawberries. More often than not, an area that grows strawberries will have a strawberry festival. Indulge yourself in strawberry pies, jams, cakes and more!

                        2. Have a picnic

                        Take your partner or your family to the local park and enjoy a relaxing picnic. Designate each person to bring one food item of their choice to add to the fun.

                        3. Camp in your back yard

                          The summer heat can sometimes make it hard to sleep. Why not enjoy the heat outside in the yard? Pitch a tent or gaze into the night sky.

                          4. Take long walks

                          Discover something new where you live. Take the afternoon off from your chores and go for a long walk. You may be surprised by what you discover.

                          5. Break a world record

                          Breaking a world record doesn’t have to be time-consuming. You could even break one on your lunch hour. Give it a go!

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                          6. Go on a bike ride

                          The number of bike paths on roads in big cities has increased dramatically over the years. Take advantage, and enjoy the summer breeze.

                          7. Join a gym class

                            The gym is not everyone’s idea of a good time, but why not go with a friend a join a class? Spinning, yoga and step classes are always more fun with friends, and a lot of gyms allow you to pay-as-you-go.

                            8. Find a new hobby

                            The summer is the perfect time to find a new hobby. Serotonin (our body’s natural “happy” hormone) is produced by the sunshine and will be at a yearly high, which is great for when we want to tackle something new.

                            9. Join a sports team

                            Not all sports teams are competitive and require huge amounts of your time. Join in the fun with like-minded people, get fit, stay healthy and make some friends along the way.

                            10. Make a slip ‘n slide

                              Gather your friends, some plastic sheeting, a hose, washing up liquid if desired, and make a huge slip ‘n slide just like these guys. Granted, yours won’t be as big, but you get the idea… it’s fun!

                              11. Make a treasure hunt for your kids

                              Today’s digital world sees our children more often than not playing inside than outside. Why not create a sense of adventure by making a treasure hunt? Only rule? It has to be outside.

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                              12. Visit a free festival

                              Towns and cities are awash with free festivals, with themes from film to science. Scout your local area and discover something new.

                              13. Visit the zoo

                                Let’s face it: we love animals. While browsing news websites and social media networks you’re bound to come across a few pictures of cats. Take a trip to your local zoo for a better experience.

                                14. Take a road trip

                                Enjoy the open road with a few friends and take a road trip somewhere–anywhere. Just go out and enjoy the sunshine!

                                15. Play ultimate frisbee in the park

                                  Frisbee is always great fun down the park, but why not turn it into more of a competitive sport by playing ultimate frisbee?

                                  16. Make your own ice cream

                                  Ice cream is a very versatile dessert. Make a sandwich, enjoy a cone, or simply just enjoy a bowl full. Better yet, making your own ice cream allows you to create any flavor you want.

                                  17. Invite your neighbors over for a BBQ

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                                    When was the last time you invited your neighbors over? Do you even know them? Now’s your chance. Just ask each person to bring a food item so costs don’t mount up for you.

                                    18. Get a summer job

                                    For many students, summer is the time for relaxation and fun. But who said earning money and being productive isn’t fun? You only get out what you put into a situation.

                                    19. Attend a charity event

                                    Attending a charity event is a great way to raise funds and awareness for a cause, meet new people, and generally have a good time. Search for your local charity event today.

                                    20. Visit a national park

                                    National parks are a great way to explore nature and learn something new. You could even volunteer and make a difference in helping restore natural habitats.

                                    21. Visit your local comedy club

                                      Local comedy clubs are extremely underrated. They are cheap to attend and no doubt you’ll have a barrel of laughs.

                                      22. Make your own hammock

                                        Hammocks are very relaxing, are perfect for summer afternoons and are surprisingly easy to make.

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                                        23. Read in your new hammock

                                        Now you have your very own hammock, the only thing left to do is enjoy it. Grab your favorite book and read to your heart’s content.

                                        24. Watch a movie outside

                                        Movies are great. Relaxing outside in the evening is great. Put them together and you’ve got a perfect combination. In D.C, Maryland and Virginia this summer, for example, you can enjoy a huge number of movies outside.

                                        25. Take a hike

                                          Hikes are a great way to keep fit and see more of Mother Nature. There are countless trails available for you to explore. Why not try some this summer?

                                          26. Learn how to fly a kite

                                          As a child, you probably had a kite and haven’t touched it since. Why not dust it off and attempt to fly it? It’s tricky, but well worth the challenge.

                                          27. Work out at the park

                                          American cities are full of parks with ample space for a work out session. No doubt you’ll be happier to work out in the sun rather than a crowded gym.

                                          28. Take your dog to the beach

                                            One of the many joys of owning a dog is taking him or her for long walks during the summertime. This joy is enhanced when visiting the beach, for both you and your dog.

                                            29. Make a summer smoothie

                                            Healthy, delicious and perfect for the summer. Not only that, there are countless recipes ready for you to try.

                                            30. Attend a free yoga session at the beach

                                            No experience needed and all skill levels are welcome. Take yourself and a buddy down to the beach and try some yoga. You’ve got nothing to lose!

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