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13 Profitable Sharing Economy Business Ideas

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Updated: May 13th, 2021
13 Profitable Sharing Economy Business Ideas

Would you like to start your own sharing economy business or earn money on the side, but still need to find the right business idea?

There will be countless exciting business ideas again in 2021. While it sounds exciting to start your own business, it's important that you run with the right idea.

Your goal should be to build a business in a niche that is not only profitable but can also ensure your long-term success.

Hopefully, all of the sharing economy business ideas listed here will give you inspiration and a head start for the 2021 year.

Here they are:



1. Start an office equipment rental

Examples of a successful office equipment rental:

Here are some great videos on how to get started with a office equipment rental:

Learn more about starting an office equipment rental ➜

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2. Start a jewelry rental business

Examples of a successful jewelry rental business:

For further info, check out these books and products:

Learn more about starting a jewelry rental business ➜

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3. Start a car rental business

Examples of a successful car rental business:

Here are some great videos on how to get started with a car rental business:

For further info, check out these books and products:

Learn more about starting a car rental business ➜

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4. Start an apartment rental business

Examples of a successful apartment rental business:

Here are some great videos on how to get started with a apartment rental business:

For further info, check out these books and products:

Learn more about starting an apartment rental business ➜

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5. Start a vacation rentals ($150K/year)

Examples of a successful vacation rentals:

Here are some great videos on how to get started with a vacation rentals:

For further info, check out these books and products:

Learn more about starting a vacation rentals ➜

And for some real world inspiration, give Julio Sanchez's story on creating Cardiff Vacations a read:

My name is Julio Sanchez, and together with my wife Alison we are the proud owners at Cardiff Vacations. We own three beautiful vacation rentals in Cardiff by-the-Sea, California. The Penthouse, the Parkhouse, and the Seacottage have been in the family for quite some time. Alison’s parents have built the duplex, what is now the Parkhouse and Penthouse when they moved here as a young family back in 1978 and this is the home where Alison grew up.

Each year we welcome around 3k people. Only 2020 has been a bit slower on business due to the pandemic restrictions. Hopefully, next year will bring us some good news and business will be closer to normal.

how-we-started-a-12k-month-beachside-vacation-rental-business

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Julio Sanchez, on starting Cardiff Vacations ($12,500/month) full story ➜

6. Start a camp space sharing business

Examples of a successful camp space sharing business:

For further info, check out these books and products:

Learn more about starting a camp space sharing business ➜

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7. Start an event venue sharing business

Examples of a successful event venue sharing business:

For further info, check out these books and products:

Learn more about starting an event venue sharing business ➜

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8. Start a co-working space rental business

Examples of a successful co-working space rental business:

Here are some great videos on how to get started with a co-working space rental business:

For further info, check out these books and products:

Learn more about starting a co-working space rental business ➜

article

9. Start a car sharing service business

Examples of a successful car sharing service business:

Here are some great videos on how to get started with a car sharing service business:

For further info, check out these books and products:

Learn more about starting a car sharing service business ➜

article

10. Start a crowdfunding platform ($2.49M/year)

Examples of a successful crowdfunding platform:

Here are some great videos on how to get started with a crowdfunding platform:

For further info, check out these books and products:

Learn more about starting a crowdfunding platform ➜

And for some real world inspiration, give Howard Marks's story on creating StartEngine a read:

My name is Howard Marks. I am the co-founder and CEO at StartEngine, a leading equity crowdfunding platform that allows everyday people to invest in startups and entrepreneurs to raise capital from the crowd.

StartEngine has helped more than 265 companies raise capital from a community of over 190,000 users on our platform. Those companies have raised close to $100M and include every type of business from electric bikes and solar panels to movies and open source voice assistants.

how-we-built-and-launched-a-100m-equity-crowdfunding-platform

-  
Howard Marks, on starting StartEngine ($400,000/month) full story ➜

11. Start a storage rental business

Examples of a successful storage rental business:

Here are some great videos on how to get started with a storage rental business:

For further info, check out these books and products:

Learn more about starting a storage rental business ➜

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12. Start a sporting goods rental

Examples of a successful sporting goods rental:

Here are some great videos on how to get started with a sporting goods rental:

For further info, check out these books and products:

Learn more about starting a sporting goods rental ➜

article

13. Start a ridesharing company

Examples of a successful ridesharing company:

Here are some great videos on how to get started with a ridesharing company:

For further info, check out these books and products:

Learn more about starting a ridesharing company ➜

article

Pat Walls,  Founder of Starter Story

Want to start your own business?

Hey! 👋I'm Pat Walls, the founder of Starter Story.

We interview successful business owners and share the stories behind their business. By sharing these stories, we want to help you get started.

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