Share or Die: End Of Ownership And Rise of The Sharing Economy in 2014

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Conceptions of ownership are changing rapidly, with a steady move towards increased collaboration and sharing. Individuals and businesses who want to survive must adapt to and embrace the emerging reality of The Sharing Economy and Collaborative Consumption. Goodbye 2013. Hello Future.

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  • Sharing is the smarter ownership. The more we share, the more we enjoy.
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Share or Die: End Of Ownership And Rise of The Sharing Economy in 2014

  1. 1. THE END OF OWNERSHIP The  End  of  Ownership  by  Weleet  2013  
  2. 2. THE END OF OWNERSHIP …and  the  rise  of     The  Sharing  Economy   The  End  of  Ownership  by  Weleet  2013  
  3. 3. WHAT’S THIS ALL ABOUT? • Is the sharing economy all good or all bad? •  Why the sharing economy is both, depending on how you approach it •  What are key players saying about the sharing economy? •  The principles of evolution in relation to the sharing economy •  Immediate conclusion: embrace the traits of the sharing economy •  Ultimate conclusion: we evolve as we learn to trust The  End  of  Ownership  by  Weleet  2013   “The  sharing  economy  is  an  economic  system  built  around  the  sharing  of  human  and   physical  assets…parAcipants  share  access  to  products  or  services,  rather  than  having   individual  ownership.”  -­‐  Wikipedia  
  4. 4. PEOPLE CAN’T SEEM TO AGREE The  End  of  Ownership  by  Weleet  2013  
  5. 5. SHARING  ECONOMY   WILL  DESTROY  THE   WORLD!   DOOMSDAY! The  End  of  Ownership  by  Weleet  2013  
  6. 6. SHARING  ECONOMY   WILL  DESTROY  THE   WORLD!   “RenAng  and  sharing   could  lead  to  lower   home  sales  (and,   subsequently  lower   home  values  and  net-­‐ worths),  as  well  as   lower  auto  and  retail   sales.”         -­‐  ConvergEx  Group   DOOMSDAY! The  End  of  Ownership  by  Weleet  2013  
  7. 7.   OR… DOOMSDAY! The  End  of  Ownership  by  Weleet  2013  
  8. 8. SHARING  ECONOMY  WILL   SAVE  THE  WORLD! BORN AGAIN! The  End  of  Ownership  by  Weleet  2013  
  9. 9. SHARING  ECONOMY  WILL   SAVE  THE  WORLD! “In  the  wake  of  the   recession,  there's  a…   different  mentality   beginning  to  emerge,   which  is  that  access  is   more  powerful  than   ownership.”        -­‐  Joe  Gebbia,  Airbnb   BORN AGAIN! The  End  of  Ownership  by  Weleet  2013  
  10. 10. WHICH SIDE IS RIGHT? The  End  of  Ownership  by  Weleet  2013  
  11. 11. BOTH SIDES ARE 100% HALF RIGHT The  End  of  Ownership  by  Weleet  2013  
  12. 12. The  End  of  Print,   Travel,  Fashion,     And  Fill-­‐In-­‐The-­‐Blank   Industries?       SOME THINGS/WORLDS WILL END The  End  of  Ownership  by  Weleet  2013  
  13. 13. WE’RE  AT  A   CROSSROADS…     “The  sharing  economy   is  at  one  of  those   interesAng  junctures   where  no  one  knows   how  big  it  might  get  or   how  many  industries   and  companies  it   might  affect.”       –  Danielle  Sacks,     Fast  Company   SOME THINGS/WORLDS WILL END The  End  of  Ownership  by  Weleet  2013  
  14. 14. SYSTEMS  ARE   BROKEN…     “The  reason   [collaboraAve   consumpAon]  is   happening  is  because   systems  are  broken.”     –Ted  D’Cruz-­‐Young,   Founder  of  Mealku       SOME THINGS/WORLDS WILL END The  End  of  Ownership  by  Weleet  2013  
  15. 15. PEOPLE  FEEL   THREATENED….     “Entrenched  industries   feel  incredibly   threatened  by  the  rise   of  collaboraAve   commerce…”     –John  Wiseman,   Skillshare       SOME THINGS/WORLDS WILL END The  End  of  Ownership  by  Weleet  2013  
  16. 16. A  New  Beginning  For   Print,  Travel,  Fashion,   And  Fill-­‐In-­‐The-­‐Blank   Industries?               SOME THINGS/WORLDS WILL BE CREATED The  End  of  Ownership  by  Weleet  2013  
  17. 17. AND  FOR  EVERY   INDUSTRY  THAT   MEANS…         “…if  they  don’t  adapt,   they’re  going  to  lose   and  be  out  of   business.”     –John  Wiseman,   Skillshare   SOME THINGS/WORLDS WILL BE CREATED The  End  of  Ownership  by  Weleet  2013  
  18. 18. THOSE   WHO   ADAPT   WILL   SURVIVE   SOME THINGS/WORLDS WILL BE CREATED The  End  of  Ownership  by  Weleet  2013  
  19. 19. SHARE ECONOMY = EVOLUTION The  End  of  Ownership  by  Weleet  2013  
  20. 20. JUST LIKE EVOLUTION… The  End  of  Ownership  by  Weleet  2013  
  21. 21. JUST LIKE EVOLUTION… THE FITTEST AND MOST ADAPT- ABLE WILL SURVIVE  The  End  of  Ownership  by  Weleet  2013  
  22. 22. IT’S LIKE DARWIN’S FINCHES… The  End  of  Ownership  by  Weleet  2013  
  23. 23. IT’S LIKE DARWIN’S FINCHES MEETS TWITTER’S TWEETERS… VS. The  End  of  Ownership  by  Weleet  2013  
  24. 24. IT’S LIKE DARWIN’S FINCHES MEETS TWITTER’S TWEETERS…MAY THE BEST TWEETER WIN. VS. The  End  of  Ownership  by  Weleet  2013  
  25. 25. FOUR PRINCIPLES OF EVOLUTION VARIATION INHERITANCE HIGH RATE OF POPULATION GROWTH DIFFERENTIAL SURVIVAL AND REPRODUCTION The  End  of  Ownership  by  Weleet  2013  
  26. 26. VARIATION Individuals within a grouping that exhibit unique variation in appearance and behavior
  27. 27. GRUNTS  &  GESTURES   ORAL  NARRATIVES   HIEROGLYPHICS   FIRST  ALPHABET   MANY  ALPHABETS   FIRST  PRINTING   MANY  PRINTINGS     RADIO  WAVES     MOVING  PICTURES   TALKING  FILMS     NETWORK  TV   CABLE  TV   INTERNET  FOR  ALL   SOCIAL  MEDIA     MOBILE   CROWD  SOURCED   VARIATION IN MEDIA AND COMMUNICATIONS The  End  of  Ownership  by  Weleet  2013  
  28. 28. …LIMITLESS  OPTIONS   VARIATION IN MEDIA AND COMMUNICATIONS SO  TODAY…   The  End  of  Ownership  by  Weleet  2013  
  29. 29. HUNTERS  &  GATHERERS   FARMERS   9-­‐5ERS     SALARIED  24/7   PART-­‐TIMERS     FREELANCERS   MICROPRENEURS   COWORKING     VARIATION IN EMPLOYMENT … The  End  of  Ownership  by  Weleet  2013  
  30. 30. NOMADIC     AGRICULTURAL   INDUSTRIAL   MANUFACTURING   SERVICE   COLLABORATIVE   VARIATION IN EMPLOYMENT …AND ECONOMICS The  End  of  Ownership  by  Weleet  2013  
  31. 31. VARIATION IN EMPLOYMENT AND ECONOMICS The  End  of  Ownership  by  Weleet  2013  
  32. 32. VARIATION IN EMPLOYMENT AND ECONOMICS SO  TODAY…   …INTERDEPENDENT   The  End  of  Ownership  by  Weleet  2013  
  33. 33. DEMONSTRATION   APPRENTICESHIP   CLASSIC  EDUCATION   MILITARY  EDUCATION   RELIGIOUS  EDUCATION   ELEMENTARY  SCHOOL   PRIVATE  SCHOOL   PRIVATE  UNIVERSITY   PUBLIC  SCHOOL   PUBLIC  UNIVERSITY   E-­‐LEARNING     I-­‐UNIVERSITY   COMPETENCY  LEARNING   SKILLSHARING   VARIATION IN EDUCATION The  End  of  Ownership  by  Weleet  2013  
  34. 34. VARIATION IN EDUCATION SO  TODAY…   …GLOBAL  OPPORTUNITIES   The  End  of  Ownership  by  Weleet  2013  
  35. 35. FEET   BOAT   WHEEL   WAGON   STEAM  ENGINE     COMBUSTION  ENGINE   AIRPLANE   MODEL-­‐T     MINI-­‐VAN   COMPACT   HYBRID     ELECTRIC     ZIPCAR     RIDESHARE   BIKESHARE   VARIATION IN TRAVEL The  End  of  Ownership  by  Weleet  2013  
  36. 36. VARIATION IN TRAVEL SO  TODAY…   …CUSTOMIZED  MOBILITY   The  End  of  Ownership  by  Weleet  2013  
  37. 37. CAVE   CAMPFIRE   VILLAGE   FARM   HOMESTEAD   CITY   SUBURB   MCMANSION   RENTAL   SHARED  SPACE   VARIATION IN REAL ESTATE The  End  of  Ownership  by  Weleet  2013  
  38. 38. VARIATION IN REAL ESTATE SO  TODAY…   …ACCESS  AND  EXPERIENCES   The  End  of  Ownership  by  Weleet  2013  
  39. 39. INHERITANCE THE STRONGEST TRAITS ARE CONSISTENTLY PASSED ALONG The  End  of  Ownership  by  Weleet  2013  
  40. 40. WHAT ARE THE TRAITS OF THE SHARING ECONOMY? The  End  of  Ownership  by  Weleet  2013  
  41. 41. WHAT ARE THE TRAITS OF THE SHARE ECONOMY? •  SUSTAINABILITY     •  EFFICIENCY     •  MUTUALLY  BENEFICIAL     •  COMMUNITY     •  REPUTATION  SYSTEMS     WHAT ARE THE TRAITS OF THE SHARING ECONOMY? The  End  of  Ownership  by  Weleet  2013  
  42. 42. WHAT ARE THE TRAITS OF THE SHARE ECONOMY? SUSTAINABILITY SAVE  RESOURCES  AND   HELP  CREATE  A  CLEANER,   GREENER  ENVIRONMENT.     “Every  share  car  takes  14   cars  off  the  road.”       -­‐  RelayRides   The  End  of  Ownership  by  Weleet  2013  
  43. 43. WHAT ARE THE TRAITS OF THE SHARE ECONOMY? MATCH  UNDER-­‐UTILIZED   ASSETS  WITH  POTENTIAL   USERS  AND  DECREASE  THE   TRANSACTION  COSTS   INVOLVED  IN  RENTING   FROM  A  THIRD  PARTY,   USUALLY  BY  LEVERAGING   TECHNOLOGY.     “Using  an  idle  car  is  more   efficient  than  buying  a   new  car  and  it’s  a  lot   easier  to  get  a  Zipcar  than   to  rent  from  Hertz.”     -­‐  Former  Hertz  user     EFFICIENCY The  End  of  Ownership  by  Weleet  2013  
  44. 44. WHAT ARE THE TRAITS OF THE SHARE ECONOMY? MAKE  MONEY  FROM   ALREADY  OWNED  ASSETS,   OR  SPEND  LESS  THAN  YOU   WOULD  IF  YOU  GOT  THE   SAME  ITEM/SERVICE   FROM  A  COMMERCIAL   PROVIDER…     …BUT  ITS  ABOUT  MORE   THAN  MONEY.     “When  people  travel,  they   want  to  make  meaningful   connecAons  and  share   unique  experiences.”     -­‐  Airbnb   MUTUALLY BENEFICIAL The  End  of  Ownership  by  Weleet  2013  
  45. 45. WHAT ARE THE TRAITS OF THE SHARE ECONOMY? MEET  PEOPLE  AND  FEEL  LIKE   YOU’RE  HELPING  EACH   OTHER;  MAKE  REWARDING   CONNECTIONS.     “Belonging  to  a  dynamic   community  makes  you  feel   supported  and  it  helps  to   create  important  short-­‐term   and  long-­‐term  bonds  that   lead  to  greater  influence   and  more  exploraAon.”     -­‐  Jennifer  Gore,  Weleet   COMMUNITY The  End  of  Ownership  by  Weleet  2013  
  46. 46. WHAT ARE THE TRAITS OF THE SHARE ECONOMY? •  AWARD  SOCIAL  CREDIT:           IF  YOU’RE  AN   ENVIRONMENTALIST,     IT  SAYS  A  LOT  IF  YOU   FOREGO  CAR   OWNERSHIP,  OR  RENT   YOUR  CAR  TO  OTHERS   •  SELF-­‐REGULATE  BY   COMMUNITY  RATINGS   AND  RANKINGS     “We’re  removing  bad   actors  from  industry  aser   industry  aser  industry.”     –Ted  D’Cruz-­‐Young,   Founder  of  Mealku   REPUTATION SYSTEMS The  End  of  Ownership  by  Weleet  2013  
  47. 47. SURVIVAL MORE OFFSPRING THAN RESOURCES CAN SUPPORT SO THAT EACH GENERATION EXPERIENCES SUBSTANTIAL MORTALITY GROWTH
  48. 48. TECHNOLOGY EXPLOSION "Never  before  in  history   has  innovaAon  offered   promise  of  so  much  to   so  many  in  so  short  a   Ame.”     -­‐  Bill  Gates   The  End  of  Ownership  by  Weleet  2013  
  49. 49. BIG DATA PROBLEM/OPPORTUNITY The  End  of  Ownership  by  Weleet  2013  
  50. 50. BIG DATA PROBLEM/OPPORTUNITY “Big  data  will  spell  the   death  of  customer   segmentaAon  and   force  the  marketer  to   understand  each   customer  as  an   individual…or  risk   being  les  in  the  dust.”     -­‐  Ginny  Romeuy,     CEO  IBM   The  End  of  Ownership  by  Weleet  2013  
  51. 51. THOSE POSSESSING TRAITS WELL-SUITED FOR THE STRUGGLE FOR RESOURCES WILL NOT ONLY SURVIVE BUT WILL THRIVE SURVIVAL
  52. 52. GLOBAL CONNECTEDNESS AND COMPETITION FOR ONCE LOCAL JOBS AGRICULTURE  &   LOCAL  COMPETITION     MANUFACTURING  &   NATIONAL  COMPETITION     INFORMATION  &   GLOBAL  COMPETITION   The  End  of  Ownership  by  Weleet  2013  
  53. 53. GLOBAL CONNECTEDNESS AND COMPETITION FOR ONCE LOCAL JOBS OUTSOURCED     MANUFACTURING     The  End  of  Ownership  by  Weleet  2013  
  54. 54. GLOBAL CONNECTEDNESS AND COMPETITION FOR ONCE LOCAL JOBS EDUCATED  WORKFORCE   The  End  of  Ownership  by  Weleet  2013  
  55. 55. GLOBAL CONNECTEDNESS AND COMPETITION FOR ONCE LOCAL JOBS QUALIFIED  WORKFORCE   The  End  of  Ownership  by  Weleet  2013  
  56. 56. GLOBAL CONNECTEDNESS AND COMPETITION FOR ONCE LOCAL JOBS QUALIFIED  STEM   WORKFORCE   The  End  of  Ownership  by  Weleet  2013  
  57. 57. CONCLUSION?
  58. 58. EVOLUTION  IS  THE  CONVERGENCE  OF  ALL  OF  THESE  FACTORS       The  Sharing  Economy  is  the  natural  result     of  the  four  principles  of  evoluAon  all   coming  together  at  the  same  Ame.   The  End  of  Ownership  by  Weleet  2013  
  59. 59. EVOLUTION  IS  THE  CONVERGENCE  OF  ALL  OF  THESE  FACTORS       WHAT  TO  DO  TO  SURVIVE  AND  THRIVE?     The  End  of  Ownership  by  Weleet  2013  
  60. 60. SOME TRAITS THE STRONG ONE ARE CONSISTENTLY PASSED ALONG NOBODY KNOWS WHERE THE SHARING ECONOMY IS HEADED, BUT WE KNOW SOME WILL MAKE IT THERE AND SOME WONT. RECOGNIZE  AND  EMBRACE  THE   INHERENT  TRAITS  OF  THE  SHARING   ECONOMY  –       SUSTAINABLITY   EFFICIENCY   MUTUALLY  BENEFICIAL   COMMUNITY   REPUTATION  SYSTEMS     –  TO  SURVIVE  THE  EMERGING   WORLD  OF  RAPID-­‐FIRE  CHANGE     AND  THRIVE  AMONGST  INCREASING   COMPETITION  ON  A  GLOBAL  SCALE.   ADAPT ADAPT ADAPT The  End  of  Ownership  by  Weleet  2013  
  61. 61. SharingEconomy Media Economics Education Real Estate Travel Employment Hieroglyphics Print Radio Film TV Internet Mobile Hunters & Gatherers Farmers 9 to 5 Freelancers Micropreneurs 24/7 Nomadic Agricultural Industrial Manufacturing Service Apprenticeship Classic Military Private Religious Public E-Learning Wagon Boat Foot Train Plane Automobile Cave Village Campfire Farm Homestead Suburb City Rental
  62. 62. CONCLUSION
  63. 63. SOME TRAITS THE STRONG ONE ARE CONSISTENTLY PASSED ALONG THERE IS ONE THING WE CAN HOPE FOR IN THE FACE OF SUCH RAPID CHANGE AND INCREASED COMPETITION... The  End  of  Ownership  by  Weleet  2013  
  64. 64. SOME TRAITS THE STRONG ONE ARE CONSISTENTLY PASSED ALONG THERE IS ONE THING WE CAN HOPE FOR IN THE FACE OF SUCH RAPID CHANGE AND INCREASED COMPETITION... TRUST. The  End  of  Ownership  by  Weleet  2013  
  65. 65. SOME TRAITS THE STRONG ONE ARE CONSISTENTLY PASSED ALONG …THE ULTIMATE VALUE TO SHARE. TRUST. The  End  of  Ownership  by  Weleet  2013  
  66. 66. SOME TRAITS THE STRONG ONE ARE CONSISTENTLY PASSED ALONG …THE ULTIMATE VALUE TO SHARE. “The  Sharing  Economy   is  itself  a  play  in  a  much   grander  fundamental   shis.  It's  a  shis  from  an   infrastructure   that  protects  people     from  each  other,  to  an   infrastructure   that  helps  people  trust     each  other.”       -­‐  Trusted  Advisor   Associates,  LLC   The  End  of  Ownership  by  Weleet  2013  
  67. 67. SOME TRAITS THE STRONG ONE ARE CONSISTENTLY PASSED ALONG NOBODY KNOWS WHERE THE SHARING ECONOMY IS HEADED, BUT WE KNOW SOME WILL MAKE IT THERE AND SOME WONT. WILL YOU? The  End  of  Ownership  by  Weleet  2013  
  68. 68. FREELANCERS! The  End  of  Ownership  by  Weleet  2013  
  69. 69. INDEPENDENT WORKERS! The  End  of  Ownership  by  Weleet  2013  
  70. 70. CONTRACTORS! The  End  of  Ownership  by  Weleet  2013  
  71. 71. SOLOPRENEURS! The  End  of  Ownership  by  Weleet  2013  
  72. 72. CONSULTANTS! The  End  of  Ownership  by  Weleet  2013  
  73. 73. SHARE WITH US! Weleet.co   Together  We  Work  BeTer.™  
  74. 74. SHARE WITH US! Sign  up  at  Weleet.co   A  community  of  independent   workers  who  trade  and  share  space.  
  75. 75. FIND US! A  community  of  independent   workers  who  trade  and  share  space.   On  Twiuer:   @Weleetweet   On  Facebook   Facebook.com/WeleetInc   A  Slide  Share  brought  to  you  by  Weleet.co/   On  LinkedIn   Linkedin.com/company/weleet-­‐inc-­‐  
  76. 76. SHARETHIS NOW! A  community  of  independent   workers  who  trade  and  share  space.   A  Slide  Share  brought  to  you  by  Weleet.co  

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