Business has changed drastically in the past two decades. Before the 2000s, it was expected that you had to go to school, possibly as far as getting your Master’s degree and higher. However, the increase in technological development in the 2000’s has paved the path for unexpected businesses to thrive. Let’s look at five businesses that surprise everyone.
If you haven’t heard of Uber by now, it’s something you’ll never forget after this. Uber is a ride-share taxi company essentially. However, there is one surprising aspect about this company that completely stumps everyone. They have no taxis, cars, or any other tangible property. Yet, they are a multi-billion-dollar company.
Using the brilliant idea of ride-share, Uber is run completely by its community-base. If you’re looking for a ride on the app, you can look at the pictures of the drivers and request the one you feel safest in. The days of getting in the car with a sketchy taxi driver are no longer, thanks to the idea of founders Travis Kalanick and Garret Camp.
Another peer-to-peer community, Airbnb was founded in 2008 by Brian Chesky and Joe Gebbia. The idea was honestly brilliant, but it wasn’t an uncommon one before the internet era. Renting out to fellow travelers for cheap, renters set accommodations for the time. These are set in advanced.
Essentially, they’ve taken a small idea that people used for extra cash and transformed it into a billion-dollar company. It shows that the power of the internet can excel most ideas into a prosperous business venture.
Fiverr allows entrepreneurs to deliver easy services, usually for $5. It’s nothing too extensive and you can find an abundance of services. For example, if you’re creating a website and service on local lice removal services, you can hire someone to create a banner and logo for your business, someone to write 250 to 500-word articles for the site, and even more.
Fiverr’s worth reaches almost $1 billion. It’s standing strong and it’s just another peer-to-peer business thriving in this generation.
This generation is all about sharing with one another. Hence why so many peer-to-peer communities are thriving. Kickstarter completely changed the financial institution market. Before it was even technically legal, the company offered peers a chance to invest in business ventures. Most times, their investment would go toward the development of the product and they’d be released one after they raised enough funds.
For entrepreneurs, this was a complete game changer. It gave freedom and opportunity for so many successful businesses. Kickstarter is a platform that removes the need to be in debt with personal bank loans, business loans, and investors. Currently, Kickstarter is worth between $200 million to $1.5 billion.
Doggles are goggles for dogs. While it sounds bizarre for some people, these are a new hot commodity that is exclusive to one woman. Starting with goggles, the company has expanded to an entire line of hiking gear for dogs. From backpacks to toys, you can even prepare your dog for tough weather conditions and hikes.
Businesses are Thriving with the Internet
Startups have significantly increased their overall success (percentage-wise) in the past decade. There was a time when startups only had a 20-percent success rate in a five-year span. Now, around 50-percent of startups survive the five-year mark. Technology has allowed businesses to captivate an audience, no matter where they are in the world.