Today Show: Business of Sharing a $26 Billion Industry & RelayRide

ADVERTISEMENT

Today Show: The Business Of Sharing

The simplest ideas are always the best ones and who would have ever thought the simplest idea, sharing, could be turned into a multi-billion dollar industry. In a world where everyone wants to get rich quick, there are some people who are just sharing the wealth: the collective rich.

Today Show: Business of Sharing a $26 Billion Industry & RelayRide

The Today Show talked with numerous people who are in the business of sharing. They share everything they have and contribute to the $26 billion industry.

ADVERTISEMENT

The Today Show talked with one man who said he makes his entire living by sharing the things he has and using the other things other people share with him. He said he likes to share his home with strangers and he likes to share his knowledge of how you can live simply by sharing the things you love. And he isn’t the only one sharing what he has. There are tons of websites that people can use to share anything. If you want to share your car, log on to RelayRides or if you need to rent baby equipment you can use Baby Borrow. They even have a website where you can borrow a dog to make sure you are ready to take care of one.

As one expert said, we are simply mimicking what was done in the past but giving it a modern day twist with the internet.

Today Show: Sharing Is a $26 Billion Industry

Jonas Singer is the founder of Union Kitchen in Washington D.C., a 7,300 square foot warehouse complete with everything you would need to run a restaurant. Singer opened the doors to Union Kitchen for food trucks to use, as well as smaller restaurants and caterers to use if they don’t have enough money for rent. He allows the people to pay $550 month to use the space for storage, prep and a way to connect with fellow restauranteurs.

ADVERTISEMENT

Sara, a chef who has been using the space at Union Kitchen for some time now, said she loves Union Kitchen because she can get great new ideas for her food truck menu, she can get great prices on wholesale foods and she has the opportunity to work with other chefs who could offer her a hand if she needed it.

The Today Show said the idea of sharing as an industry is still new but it is growing. The government is also trying to figure out how to handle this new form of community, wondering how they are going to tax this booming industry.

ADVERTISEMENT

Leave a Reply

Your email address will not be published. Required fields are marked *

Human Verification: In order to verify that you are a human and not a spam bot, please enter the answer into the following box below based on the instructions contained in the graphic.