Why We Love Sharing Economy

What is this Sharing Economy in the first place?

This simply means, we are sharing our resources may it be skills or properties. And of course, this is more cost efficient than buying your own things, wherein most of the time, you won’t use it.

What are the most popular companies using the Sharing Economy model?

There are actually a lot of companies from different industries.

Skills or Talent Sharing

If you have skills which you think you can’t use for a day-to-day job, then you can offer it through the following:

  • TaskRabbit

  • Zaarly

  • LivePerson

  • Simplist

  • oDesk

  • Elance

House Renting/ Couchsurfing

It connects property owners to people who would like a place to stay when traveling. These are usually cheaper than booking a hotel room. Examples are below:

  • Airbnb

  • VRBO

  • Couchsurfing

Crowdfunding

It connects people, mostly entrepreneur and artists to possible funders. They usually connect through the following platforms:

  • Kickstarter

  • Indiegogo

Ride sharing

Instead of using your own car, you can share a ride. Below are some of the most popular companies for this:

  • Uber

  • Lyft

  • Car2Go

  • Zipcar

  • Flightcar

Coworking

You can share office spaces with other business owners or freelancers, making your rent more affordable. Coworking spaces are now all over the globe.

Reselling

Have you ever used eBay? If yes, then you are familiar with this industry. Here are few more:

  • Craiglist

  • Kidizen

Why we love this sharing economy

It allows us to use and experience things for a fraction of the cost

Imagine sharing a car instead of using your own. You can save hundreds of dollars for not spending on gas every day.

Imagine renting a room through AirBnb. You don’t have to spend so much for hotel rooms.

It allows us to earn

This sharing economy can actually awaken our entrepreneurial side as we can be the host, the seller, or the skill provider.

It widens our network

Apparently, we get to meet a lot of people because of this economy.

How many times have you started a conversation when you used Uber’s services? That’s what I am talking about.

It’s not just about business. It’s about the relationship we build through this economy that allows us to share the world’s resources.

And with this model, PeN was inspired to start our own micro-sharing economy. In a nutshell, our PeN Pals will be able to earn just by using our app. If you want to learn more, please read here.