![\"Taxis](\"https:\/\/farm3.staticflickr.com\/2943\/15156639190_67896cae3b.jpg\")
<\/a>\n(Above: Read the<\/em>\u00a0<\/em>full article in the SF Chronicle<\/a>, and, please, read the comments. There’s no mercy for the taxi industry from former customers. Here are<\/em>\u00a0<\/em>my recommendations to the taxi industry<\/a>\u00a0<\/em>to lead this movement not fight it)<\/em><\/center> <\/p>\n
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The Collaborative Economy is a crowd commerce revolution.<\/strong> The startups are heavily funded in every industry.\u00a0<\/strong> Progressive corporations augment\u00a0their business model\u00a0to partner<\/strong>\u00a0with<\/strong><\/em>\u00a0the crowd.<\/strong> If you work for or with large companies, access the\u00a0Body of Work in the Collaborative Economy<\/a> and discover how other companies are crowd-proofing by joining this movement.<\/p>\n","protected":false},"excerpt":{"rendered":" (Above: Read the full article in the SF Chronicle, and, please, read the comments. There’s no mercy for the taxi industry from former customers. Here are my recommendations to the taxi industry to lead this movement not fight it) The Collaborative Economy is a crowd commerce revolution. People … Continue readingDisruption from the Collaborative Economy<\/span><\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[198],"tags":[],"class_list":["post-17713","post","type-post","status-publish","format-standard","hentry","category-collaborative-economy"],"_links":{"self":[{"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/posts\/17713","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/comments?post=17713"}],"version-history":[{"count":0,"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/posts\/17713\/revisions"}],"wp:attachment":[{"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/media?parent=17713"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/categories?post=17713"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/web-strategist.com\/blog\/wp-json\/wp\/v2\/tags?post=17713"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
\nPeople are empowered to get what they need from each other, using now common, mobile technologies\u00a0in their pockets. Several quarters ago, people told me it was a fad; it wouldn’t last; peer-to-peer commerce can’t happen at scale.\u00a0Like social media was disbelieved\u00a0in 2005 (I vividly remember\u00a0the attack of the blogs<\/a>), we’re seeing disruptions, but these impact real revenues, not just communications.<\/p>\n
\n![\"Screen](\"https:\/\/farm4.staticflickr.com\/3869\/15176188947_e670a13afc_n.jpg\")
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\nAbove Graphic: A TNC (Transportation Network Company) is the designation for Sidecar, Uber, and Lyft. From SF Municipal Transportation Agency, SF Examiner<\/a>.<\/center>Real revenues are being lost by incumbents.<\/strong>
\nYesterday, at newsstands\u00a0across the\u00a0San Francisco Bay area and online (my pic, above), it was reported that taxis are suffering a 65% loss in rides two thirds of their revenue lost in less than 3 years<\/em>. It’s not limited to San Francisco. DC taxis are down 22%<\/a>\u00a0and a once dominant\u00a0taxi cab company says they have less than 18 months of life left<\/a>. A recent\u00a0study by Boston University shows that, for every 1% growth of Airbnb, hotels are impacted half a percent<\/a>\u00a0 and\u00a0Airbnb is growing at an incredible rate<\/a>. How fast?\u00a0Uber’s revenues are doubling every six months<\/a>, and Lending Club, where people lend to each other instead of going to banks,\u00a0is having hockey-stick like growth, having brokered $5 billion worth of loans in five years<\/a>.<\/p>\n
\nInvestors are funneling incredible amounts of money into this market<\/a>: $2.7 billion in just under the last\u00a0ten months (see spreadsheet<\/a>), with Google being a leading investor in the market. It’s not limited to cars and homes and dollars. The Collaborative Economy is impacting many industries, including food, business services, retail, business space, and more. You can see the\u00a0Honeycomb Framework<\/a>\u00a0to see how goods, food, services, transportation, space, and money are each impacted. The next version of the honeycomb infographic will include health, utilities, education, and more.<\/p>\n
\nIt’s important that you prepare your company for these changes now. People are empowered to get what they need from each other. The crowd is becoming like a company. The good news is that companies can use these same technologies and strategies.\u00a0Ford\u00a0has provided special cars to Lyft drivers<\/a>, Hyatt has partnered with\u00a0Uber for instant bookings using an API<\/a>,\u00a0Whole Foods has partnered with Instacart for crowd-based, home deliveries<\/a>, and\u00a0Verizon has enabled sharing of many objects<\/a>\u00a0using their vast network. (Disclosure:\u00a0The above companies are members of my company,\u00a0Crowd Companies<\/a>)<\/p>\n![\"Untitled\"](\"https:\/\/farm6.staticflickr.com\/5601\/15298980347_b67f9a283a.jpg\")
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\nTaxi chief steps down, article suggests no relation to ride sharing: “It’s not,” she added, “because Travis has kicked my ass.” —read article<\/a>. For context, Travis is Uber’s CEO<\/center><\/p>\n