Sharing the Wealth ( Making Money with Uber, Air Bnb, Udemy, Lyft, Task Rabbit) Understanding the New Collaborative Economy

When most people hear the word "economy" they think of the stock market day and commodities traders, big banks, and even bigger corporations. Most people also see the economy as something they generally speaking (unless of course you are rich, in which case you're probably not even reading this book) they have no control over or is generally seen as something they are fighting against like trying to climb out of a hole or get ahead of a speeding bullet train or some other impossible task.

Rather than fighting against the economy and trying to dig their way out of a hole, or outrun a speeding bullet train many people have started to share their economic burdens and everyone knows that sharing the burden equally amongst a group of people lessens the burden for everyone and fulfill the needs of designers of the group faster than individual efforts ever could.

Certain entrepreneurs and companies are starting to take the principle of sharing the burden to heart by stimulating a growing "sharing economy" also known as a "mesh economy," "collaborative economy," "collaborative consumption" or "peer-to-peer" economy.

This economic system is built on the principle of sharing physical and technological resources amongst a group of participants. The attributes that are shared often include creation and production consumption and trade. The premise of the sharing economy is that when goods and services of any kind are shared.

The value of those goods will tend to increase as they benefit more and more people, including corporations and nonprofit organizations. Government agencies and communities that sharing economy also means that materials can be reused and recycled and that excess materials will not be wasted.

In the simplest terms, you can think of this growing movement of sharing as the same principle as a library card when you were a kid. Instead of buying a book from the bookstore, you borrowed the book for a month and then returned it or exchanged it for another book that you had not read yet.

This is the same idea behind the sharing or collaborative economy; it allows people to have access to tools and resources when they need them and allows them to be returned when they don't.

This very old economic principle is being applied in all sorts of new and interesting ways, allowing larger groups to have access to everything from cars to apartments and even vacation homes if there is something you want or need them. It is fairly certain that there is a company available that is willing to share a specific resource.

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TAGS - Udemy, Airbnb, Uber, Share Economy