THE SHARING ECONOMY
Nobody has to buy the same stuff over and over again.
Have a neighborhood you can always count on.
It is a common misconception that the person who “has it all” actually owns everything. Nobody has everything they need and there really is no need to buy everything in life that you need. To illustrate this I’m going to take it to the extreme and ask you a question: Do you need to own a parachute? Even though you may be one of the estimated 350,000 people who go skydiving every year chances are that you do not own your own parachute. When you are falling out of an airplane, do you think that a parachute is a “need”? Absolutely!! So why don’t you own one?
If you are like 99% of people then you do not own a parachute, but to a few people it is worth it to own one for themselves. Even if a person has the means to purchase a parachute and feels like jumping out of a perfectly good airplane, they can rent a parachute while they need it and return it when they are done. This is beneficial for numerous reasons and you could probably guess what most of them are:
- Skydiving gear can cost thousands of dollars to purchase. Unless you are going to be jumping out of an airplane on a regular basis it makes no sense to pay that much money for something you are going to only use every great once in a while.
- Seeing that your life will literally be hanging on the line of the parachute you don’t want to purchase it and let it sit inside your garage collecting dust 364 days a year. It needs to be taken out, used, and inspected on a regular basis.
- If you are only using it every once in a while, during the time you are not using it, it is just taking up valuable space inside your house/garage/car or wherever you decide to store it.
- The person/company who does purchase it and rent it out/shares it spends the time, money, and space to take care of the parachute. They do this because over time they end up making more money than they spent to purchase it.
That is an extreme example and we do not suggest if you own a parachute you rent it out, but the same idea can go for most things that we use on a semi-regular basis in life. There are countless times in everyone’s life where we purchase something and only use it a few times (or in the worst cases only once). Think about that specialty tool you bought for that project you worked on two years ago. Whether it was a carpentry tool, a sewing tool, automotive tool, or kitchen tool I would bank on it that you have some of those items sitting around. They are probably sitting inside your garage or closet collecting dust.
What if you could go back and borrow that tool from a friend for the one time you used it. It might depend on the price point of it, but chances are, you would. This is the sharing economy. We have all done it at some point and time. Some people more than others.
This is the reason MyGarageRentals.com exists, it gives us the opportunity to share with those around us. It expands our “friend” base who we can share with. We can now find those people around us who have the things we are only going to use one time. Now we don’t have to store it for the next 5 years until we finally decide that we realistically are never going to use it again and give it to Goodwill…
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