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The sharing economy is redefining how we work, and how we view work. Weak economic growth, and a depressed labor market are contributors to the increasing adoption and penetration by the Sharing Economy. Counting the many ways to turn idle capital into revenue sources is generating alot of buzz on a daily basis. It’s changing the thought process on how
A recent study from JP Morgan Chase shows that roughly 1% of seniors over 65 are making money from online gigs. Since more and more people are working at least part-time in retirement, it shows that the days of idle retirement as we traditionally know it are pretty much over. The American Association of Retired Persons partnered with Uber in 2015 to
The UK has decided to leave the EU….plain and simple! The wider ramifications of this decision needs no explanation. Every sector across the globe is already impacted, however the impact was exaggerated by ever present alarmism on the part of politicians. With the EU out, this means Europe has entered a very familiar phase of Nationalistic Protectionism on the part
The shift from institutional trust to peer to peer trust is increasingly driving the Sharing Economy and it’s collaborative ecosystems. Platforms such as online learning community Skillshare, peer to peer moving like pHlatbed, Uber, Turo, are already creating waves across their respective industries. Thereby disrupting traditional services and how they are delivered, specifically the pricing models. In the accommodation sector for example, the
While in Amsterdam over the new year, I spent some time with Pieter Van De Glind - Dutch Global Curator for Collaborative Consumption at ShareNL. We got to discussing the Sharing economy, global acceptance, trends, scalability, permanence, and the fundamentals upon which it’s success is built upon. Collaborative consumption, also known as the Sharing Economy is indeed the new economy. No 24
500,000 bookings per night on Airbnb, and I’m spending new years eve 2015 in Amsterdam as one of those bookings. Fascinating direction the world is taking thanks to technology, and a vision that the world can indeed benefit from a democratization of access. This again is the new economy, the sharing economy, based on collaborative consumption that enables people turn
PricewaterhouseCoopers does some pretty fantastic research and they have been doing some intense research on the impact of the New Economy, the Sharing economy. At this point it’s adapt or perish and we have to take notice. Traditional ways of doing business have been turned upside down. There’s a reason FinTech is the new buzzword…FinTech meaning Financial Technology. This post
Collaborative consumption has a direct correlation to your local economy, the sharing economy. Though technology has increased access and reduced geographic limitations, collaborative consumption at it’s very core is directly tied to supporting your immediate local economy….everything from food, clothing, services, moving, car sharing, couch surfing, among other things. Here are five simple ways to boost your local economy;
If you own a car, rent an apartment, own a house, washer/dryer unit, bike, stove, deep freezer, office space, conference room, parking spot, or even a garage……you have idle capital and should be converting it into a revenue generating source. Unfortunately, very few people truly understand the meaning of what idle capital is. So let’s briefly define idle capital from
As we continue to grow, scaling the pHlatbed platform is key to sustained organizational growth. This goes beyond the technology infrastructure (cloud, network, storage, hardware, integration, applications, software etc) but also our head count. The UI / UX area, cross compatibility, mobile, interoperability, among other areas will always require an increased headcount at pHlatbed…..and any other organization. Bringing talented people
