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The Business of Sharing: Making it in the New Sharing Economy Hardcover – Illustrated, 9 Mar. 2015

4.5 out of 5 stars 78 ratings

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Providing a colorful insight into the people at the forefront of the emergent Sharing Economy, a movement predicted to already be worth around $26B a year, this book gives vital advice to anyone thinking of starting or investing in a collaborative consumption business. The first of its kind, written by an author on the forefront of this new trend.

Product description

Review

'A remarkable book, a sweeping view of a fascinating new economy in which peer-to-peer exchange will be central, written to be simultaneously very intelligent and very readable. Alex Stephany is a rare author, combining the experiential insight of a successful entrepreneur with the longer-range vision of a deep thinker. Read this book.'
-Arun Sundararajan, Professor and Rosen Faculty Fellow, Stern School of Business, New York University

'The Business of Sharing is a great book about history being made today in the sharing economy. Alex Stephany puts together a thorough, insightful, thoughtful and entertaining account of what is transpiring today and what will undoubtedly be here to stay.'
-Alfred Lin, Sequoia Capital

'Alex offers an engaging and informative narrative on the business of 'sharing' that has emerged in recent years. From the perspective of an insider, he brings valuable insight to the waves this industry is creating both inside and outside of itself.'
-Lily Cole, Founder, Impossible.com; actor

'The Business of Sharing is an excellent read for any entrepreneur. Alex gives a great overview of the sharing economy: from how it works to the current key players in the market and the stories, such as my own, of founders who launched businesses that rely upon the sharing economy.'
-Martin Varsavsky, Founder, Fon; serial entrepreneur

'Alex Stephany writes a compelling and incisive guide to how sharing economy dynamics make businesses and communities agile, innovative and powerful. Read this book. Because by the end you'll understand how the sharing economy has unleashed a complex and massive shift in the way business is done.'
-Lisa Gansky, Entrepreneur; author of The Mesh

"The Business of Sharing is one of the most comprehensive books I've read on the subject and, believe me, I've read them all."
- Benita Matofska, Management Today; author of the What We Know About the Global Sharing Economy report; Founder, Compare and Share

Book Description

The “sharing economy” is changing the rules of business.

Why buy a hedge trimmer that you use twice a year? Why not borrow someone else’s? Why leave your driveway empty all day while you’re at work? Why not charge someone to park there while you’re not using it? And, if your business is selling hedge trimmers or parking – or anything else people can share – what do you do about it?

Today, the sharing economy or “collaborative consumption” is letting people earn over $15 billion a year by sharing what they already own: from cars and homes to money and time.

And that’s almost nothing. According to PwC, the sharing economy will grow into a $335 billion market by 2025. TIME Magazine calls it “One of 10 Ideas that will Change the World.” Pulitzer Prize-winner Thomas L Friedman calls it “The real deal”. The world’s top technology investors are already backing the sharing economy’s entrepreneurs to become the next crop of Internet billionaires. And some of the world’s biggest companies are watching their backs.

Written by one of the business leaders of the movement, The Business of Sharing is an insider’s guide to the sharing economy and how to profit from the upheavals ahead. This critically acclaimed new book includes colorful and revealing interviews with entrepreneurs like the founders of Airbnb and Zipcar and the world’s top venture capitalists, plus case studies of major brands from around the world. The Business of Sharing is essential reading for anyone looking to get to grips with one of today’s must-understand global trends.

Product details

  • Publisher ‏ : ‎ Palgrave Macmillan; 2015th edition (9 Mar. 2015)
  • Language ‏ : ‎ English
  • Hardcover ‏ : ‎ 240 pages
  • ISBN-10 ‏ : ‎ 1137376171
  • ISBN-13 ‏ : ‎ 978-1137376176
  • Dimensions ‏ : ‎ 14.61 x 3.18 x 22.23 cm
  • Customer reviews:
    4.5 out of 5 stars 78 ratings

About the author

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Alex Stephany
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Alex Stephany is the CEO of JustPark (formerly ParkatmyHouse.com) and one of the world's leading experts on the sharing economy. Educated at Oxford University where he took a First Class degree in English, Stephany and JustPark have been featured by ABC, CNBC, The Guardian, The Daily Telegraph, The FT, The BBC, Wired, The New York Times and Bloomberg among many others. He tweets at @alexmstephany

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4.5 out of 5 stars
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Customers say

Customers find the book informative and enjoyable, providing a practical and philosophical view of the world. They describe it as an excellent read for budding entrepreneurs and thought-provoking.

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10 customers mention ‘Insight’10 positive0 negative

Customers find the book insightful and informative. They appreciate its practical and philosophical views on the sharing economy. The author has a solid understanding of the topic and explains it in a clear way. Readers enjoy the sections on founders and investors. Overall, they consider it an excellent read and a must-read for entrepreneurs.

"...book is a good read and gives both a practical and philosophical view on the sharing economy, focusing on its upsides and downsides..." Read more

"...The author has a concrete knowledge of this phenomenon and explains in a smart and elegant way. The book is easy to read and very well structured...." Read more

"...This is an excellent insight into some of the brands exploding the tech start up scene around the world...." Read more

"Enjoyable to read and highly informative, this insightful book is great for a satisfying good holiday read as well as for dipping into on a tedious..." Read more

9 customers mention ‘Enjoyment’9 positive0 negative

Customers enjoy the book. They find it informative, entertaining, and an excellent read for budding entrepreneurs. The book is described as inspiring and thought-provoking.

"...The book is a good read and gives both a practical and philosophical view on the sharing economy, focusing on its upsides and downsides..." Read more

"Enjoyable book, perfect for those who want to understand something more about this new economy...." Read more

"...or just have a curiosity of this new and growing world it is worth your time to read. You won't be disappointed!" Read more

"Enjoyable to read and highly informative, this insightful book is great for a satisfying good holiday read as well as for dipping into on a tedious..." Read more

Top reviews from United Kingdom

  • Reviewed in the United Kingdom on 2 May 2015
    Koodos to Alex Stephany, the CEO of a Just Park, a quintessential sharing economy business, who wrote this book while Just Park was in the middle of a massive fund raising campaign (and raised GBP3.7 million on a crowd funding platform!). The book is a good read and gives both a practical and philosophical view on the sharing economy, focusing on its upsides and downsides (for example, Dumbo AirBnB). Would highly recommend this to anyone interested in where commerce is going (which I think should be everybody....)
  • Reviewed in the United Kingdom on 23 May 2016
    Enjoyable book, perfect for those who want to understand something more about this new economy. The author has a concrete knowledge of this phenomenon and explains in a smart and elegant way. The book is easy to read and very well structured. Stephany also talks about his personal experience and gives a lot of information. I highly recommend it!
    One person found this helpful
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  • Reviewed in the United Kingdom on 23 April 2015
    I'm only half way through this book but having a hard time putting it down. This is an excellent insight into some of the brands exploding the tech start up scene around the world. Whether you work in this space or just have a curiosity of this new and growing world it is worth your time to read. You won't be disappointed!
    One person found this helpful
    Report
  • Reviewed in the United Kingdom on 23 April 2015
    Enjoyable to read and highly informative, this insightful book is great for a satisfying good holiday read as well as for dipping into on a tedious commute (I did both!) Has the added value of being a great conversation starter (especially around Old Street) and irresistible once you've picked it up. Bought one as a gift too!
    2 people found this helpful
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  • Reviewed in the United Kingdom on 22 August 2015
    Really great book lots and lots of good information about the peer to peer and the sharing economy takes you chapter by chapter as to the way things are changing and the disruption that is happening in today's business environment .
  • Reviewed in the United Kingdom on 2 January 2017
    Intresting however jumps in between different scenarios a bit to much in my opinion. It however gives a good picture of sharing economy.
  • Reviewed in the United Kingdom on 19 June 2015
    This book is excellent. it is not a book just about business, it is really thought provoking about the future and way in which we'll need to adapt. I highly recommend it.
  • Reviewed in the United Kingdom on 5 April 2018
    barely literate mess of cliches and ad-speak. avoid.

Top reviews from other countries

  • Franziska
    5.0 out of 5 stars Inspiring Work!
    Reviewed in Germany on 11 April 2016
    Great book, fantastic insights overall very well structured. I used this book as a base or let's rather say as a bible for my Bachelor thesis and I really loved it. Stephany provides comment from leading sharing economy opinion leaders and shares his experience while he was engaging in the sharing economy. I really recommend this book for everyone who is looking for the 'big picture' of this new economy. Well done Alex!
  • Rita
    5.0 out of 5 stars Clearly, one of the best books written on the topic!
    Reviewed in the United States on 17 September 2015
    The Business of Sharing - Making it in the New Sharing Economy, is one of the best books written on the topic. An excellent read for founders, entrepreneurs, researchers & anyone participating in the sharing economy/collaborative consumption space. Alex shares some incredible insights, discusses the challenges and opportunities along with some really funny stories, which makes it a fun read.
    Being a founder in the sharing economy space myself (Date My Wardrobe), one of my favorite chapters was "Founders". It was a learning experience reading about other founders, how and why they stated their businesses, overcame the initial challenges (insurance, 2-sided marketplace etc). One of my favorite stories (which I had not heard of earlier) was that of JustPark and BlaBlaCar. "Investors" is another chapter I enjoyed reading where Alex talks about about the firms investing in the sharing economy startups and what the they look for. On a side/fun note, Alex shares his "encounter" with Sequoia Capital and I am convinced, fund raising stories can actually be funny - after the fact.
  • opinionated
    4.0 out of 5 stars A broad view of the sharing economy
    Reviewed in the United States on 3 August 2017
    Book starts a little slow with a lot of familiar material but then gets deeper and more interesting. Stephany really knows whereof he speaks - and talks a lot about his own business experience. Engaging to read and thought provoking. Worth the read.
  • Johannes
    5.0 out of 5 stars Sharing Economy 101- must read for entrepreneurs, researchers, or futurists
    Reviewed in the United States on 24 March 2015
    With rapid technological advances connecting the world in new ways and automating previously un-automatible tasks, the system of labor is beginning to undergo a massive reorganization akin to the Industrial age. The tectonic pressures of this shift create massive opportunity in an entirely new system of entrepreneurship known as the Sharing Economy. Researcher Carl Frey, of Oxford, forecasts that up to 48% of current skill sets in the US will be obsolete within 20 years. Consequently, the McKinsey Global Institute (MGI) predicts that many of these jobs will be absorbed within the Sharing Economy.

    If you are interested in the learning more as an entrepreneur, researcher, or as an interested bystander, I highly recommend reading this book to get the best, most up to date baseline of the sharing economy written to date.
  • Carrie W
    5.0 out of 5 stars A real gem of a book
    Reviewed in the United States on 24 May 2015
    A fantastic book! As Alex Stephany's writing style is so captivating, you learn the history behind sharing businesses and get a real feel for what life in the sharing world is like without really realising it. But it's not a one-sided book - he goes into the downsides and potential pitfalls too and left me with much food for thought. Pop a copy into your bag to read on your commute or while waiting for a flight. It'll definitely be worth it.