What is the Sharing Economy and How Can It Benefit You?

The continuous growth and complexity of the internet has allowed for the creation of innovative business models. One of the major business ideas that stemmed from the age of the internet is the sharing economy.

A share economy simply put is the sharing of personal assets or services for a fee, that is usually coordinated through means of the internet. This share economy has created a number of businesses that individuals can contribute to easily and use certain assets/services for cheaper rates.

Below are descriptions of some share economy businesses and how they operate. For all of you side hustlers out there, it’s time to take some notes.

Most of these businesses have low barriers of entry and offer very flexible schedules. If you are searching for side hustle ideas look no further, you’re in the right spot.