Co-Founder/CEO of TouchdownSpace Inc., entrepreneur, innovator, CRE agent, former RegusUSA, mobile worker, world traveler, football fan & lucky husband.
Erin, you make very good points, but this is the one that is the most important: "the term “sharing economy” is a bit of a misnomer." The correct term for the new 'world changing economy' is collaborative consumption. The ability for people and organizations to save time and money by "sharing" use of a product or service is the driving factor. Yes, wealth is being created for the innovators of technologies which enable collaborative consumption to take place across numerous industries. But that's only possible by creating wealth (i.e. savings) for those who are collaborating to consume such products and services. Happy to share more via the email address above.
2 months, 3 weeks ago on Will the real “sharing economy” please stand up?
Here's my letter to my City Council member:
I am a resident in SW DC, and customer of Uber. I also take taxi cabs sometimes, and the DC metro often. I find it shocking that a government would pass a law prohibiting a business from offering a service to consumers at rates that are highly competitive. In a free market economy, consumers should decide whether a business model can exist. If one company develops technology to improve efficiency and profit by offering a similar - or in this case better service - at a competitive or low price, then consumers should be given the opportunity to patronize that company.
Instead of voting to fix prices and cause voters to pay more for transportation, I would think City Council would encourage the taxi cab industry to adopt similar technology and compete on better service and efficiency.
Thank you for your time.
10 months, 2 weeks ago on Strike Down the Minimum Fare Language in the DC Uber Amendment
Thank you for the shout out, glad to be of service!
I would like to add to #4 a trick that I learned when mobile working in Europe. Take a power strip with you. Many coffee shops have 1 or 2 outlets and they fill up fast. Your power strip will multiply the number of outlets and you become a hero.
1 year, 4 months ago on 10 Things to Look for in Your Virtual Workspace (aka Favorite Coffee Shop!)
Good stuff man! I'd like to add one more: "Manage Costs"
In the beginning many start-ups spend more money than they make. That's understandable. My advice would be to spend your money wisely. Focus it on the development and awareness of your product or service. Avoid fancy lunches, office space and stupid advertisements. If it's not going to make your product better, or generate revenue, don't do it.
1 year, 4 months ago on Check Your Ego at the Door
kevinfawley Oh yeah. I've had similar struggles. Especially when dealing with friends & family who think you're crazy of leaving the sure thing to pursuing your business full time. It's all worth it though. Even if you fail, you get up and try again. You grow from every experience and that is what gets you to your next destination.
1 year, 4 months ago on What it Means to be Fearless
I'm sorry to say that I did not read this or know this earlier. But I'm not sorry about the experience you had because it has shaped your mind well. I know first hand how talented you are, and the value you bring to SoMeGo and your clients. Keep hustlin!