You’ve probably heard a lot about the rise of the sharing economy. From Uber to Airbnb, the business of sharing is booming. The question is, how can you make it work for you?
If you’re looking to dip your toes into the pool of collaborative consumption (and make a little money at the same time), this post is for you!
Joining Sparetoolz allows you to experiment with the almighty side hustle while minimizing environmental impact, and meeting some pretty great people along the way. Still not convinced? Here are 6 reasons you’ll want to become a listed tool owner on Sparetoolz.
It’s Money in Your Pocket
The easiest side hustles are the ones that capitalize on items or skills that you already have. Joining Sparetoolz requires no start-up costs and no overhead; if you’ve got tools, you’ve got a business!
Listing is easy, and tools can be rented by the day or the week, so earning potential can compound pretty quickly. Like many other side hustles, listing your tools on Sparetoolz won’t make you an overnight millionaire, but it’s a buildable option that can supplement other income rather nicely. If you need a financial boost, you can even offer training and delivery in tandem with your tool rental.
It’s Safe, Simple, and Secure
Becoming a listed Sparetoolz tool owner couldn’t be easier. Just download the app, register as a tool owner, and list what you have available--big and small. Once on the platform, you’re protected with a secure payment portal, renter identity validation, and attentive customer service.
You can check out renter profiles and ratings before approving rental requests, and your tools are covered by a customizable deposit, which is charged to the renter’s card and then refunded when the tools are returned on time and in good condition.
It Encourages Sustainable Living
From reducing the emissions associated with production to minimizing packaging waste, renting is often more sustainable than buying new stuff. Like many other sharing economy outlets, tool rental challenges the mass-production culture that plagues our planet and allows our favorite items to realize their full potential.
Ever hear that old adage, take what you need, use what you take? Tool rental allows DIYers to complete their projects without purchasing an armload of supplies they’ll use once and then send to a landfill. What’s more, second-hand tools come with no packaging and a smaller price tag!
It’s More than Just an App
Chase Your Dreams
Need a push to get your handy(wo)man business off the ground? List the tools you’re not using, earn money that you can spend on new ones (or other business expenses), and build a name in your neighborhood while you’re at it.
Make Meaningful Connections
You never know who’s going to need your tools. You might end up meeting your new best friend, boss, or significant other*. Consider making simple business cards and giving them to new neighbors with a personalized note. Chances are good they’ll need home improvement help!
*Now that’d be a story, wouldn’t it?! If you do actually meet and marry someone on the Sparetoolz app, drop us a line...we’ll definitely want to hear about it. Is a chainsaw suitable as a wedding gift?
It’s the Neighborly Thing to Do
Collaboration makes communities stronger. Commodity sharing keeps money in the local economy. Sparetoolz brings neighbors together and encourages localized spending.
Sure, you’d like to make a buck, but being a part of the Sparetoolz family as a tool owner means more than that; it means you’ll be providing partnership and support to people who need you. (And they support you in return.) Who wants to pay those obscene big-box rental fees anyway?
It’s the Gift that Keeps on Giving
For as long as you have functional tools, Sparetoolz will keep them working for you! Keep your supplies tuned up and prepared for seasonal spikes such as peak moving season and summer remodels. Pay attention to which tools stay in high demand and consider keeping a couple around to support rotation.
With a little awareness and planning, you can count on your tools to show love to you and your community.
Establish a side hustle. Become a neighbor’s unlikely hero in a DIY emergency. Support your local economy. Save the planet. The benefits of joining the Sparetoolz platform reach way beyond just putting dusty tools to good use.