The Helping Economy vs. Sharing Economy: 2 Powerful Concepts and Where Wedo Fits In – Wedo AI | Your All In One Business Tool

Are you feeling a little confused about the difference between the sharing economy and the helping economy? Don’t worry, you’re not alone! These two concepts are often used interchangeably, but there are some key differences that are worth noting.

The Sharing Economy

First things first, let’s define what we’re talking about. The sharing economy, also known as collaborative consumption, is all about sharing resources and assets with other people. This could be anything from sharing a car with your neighbor to renting out your spare room on Airbnb. The main motivation for the sharing economy is to save money, reduce waste, and increase efficiency. After all, why buy your own lawnmower when you can borrow your neighbor’s for a few bucks?

For companies in the sharing economy, the main advantage is that they can share or rent resources, without actually owning those resources themselves. This allows them to enter new markets quickly and efficiently, and avoid the costs and complexities of owning and managing physical assets.

The Helping Economy

On the other hand, the helping economy is all about sharing your skills and expertise with others. This usually takes the form of freelance work or service provision, and it often happens through online platforms like Wedo. The motivation for the helping economy is a little nobler – it’s all about providing value and assistance to others, rather than just saving a few bucks.

What’s the Difference?

So how do you tell the difference between the sharing economy and the helping economy? It’s simple – just ask yourself what the primary motivation is. If it’s all about saving money and increasing efficiency, you’re probably dealing with the sharing economy. But if it’s about providing value and expertise to others, you’re probably in the helping economy.

Another way to differentiate between the two is to consider the nature of the exchange. In the sharing economy, people typically share physical or digital resources, like cars or music. But in the helping economy, people exchange skills and expertise, like web design or marketing.

Now that you know the difference between the sharing economy and the helping economy, you’re ready to navigate these complex economic models like a pro! Just remember – if you’re looking to save some cash and increase efficiency, the sharing economy is the way to go. But if you’re more interested in helping others and sharing your skills and expertise, the helping economy is the place for you.

If you want to dive in a little deeper and find more information about helping and purpose-driven companies, check out this article from Forbes: The Power Of Purpose: The Business Case For Purpose (All The Data You Were Looking For Pt 1) (

Wedo and the Helping Economy

Are you ready to join the Wedo revolution and take control of your career (while also helping out some businesses along the way)? Then look no further! Wedo is the ultimate platform for connecting businesses and organizations with skilled freelancers and service providers in a variety of fields. Whether you’re a marketing guru, a design wizard, or a tech whiz, Wedo has got you covered.

But Wedo isn’t just for the helping economy – it’s also a valuable resource for the sharing economy. Got some office space or equipment that’s just taking up space? Wedo can help you connect with businesses or individuals who are in need of a little extra space (or just a place to store their stuff). And if you’ve got some skills or expertise that you’d like to share with the world, Wedo can help you find opportunities to teach workshops or offer training to other individuals or businesses.

Find out more about the tools Wedo has in its toolbox: 7 Free Tools Every Freelancer Needs in 2022

So whether you’re looking to help out a business in need or just share some knowledge with your fellow humans, Wedo has got you covered. Plus, it’s a great way to make a little extra cash on the side. So don’t wait – join the Wedo revolution today and start sharing your skills and resources with the world!sharing-economy-be-the-change