CW 604 Jon Lieber - Thumbtack Sharing Economy, Associate Director at the White House economic advisor to Senator Mitch McConnell

Small businesses have always found it difficult to find new customers, but technology has now made it possible for their customers to find them. Aggregation websites allow individuals to connect with service providers based on a simple search of a need they have. This sharing economy, dubbed the gig economy, offers flexibilities and opportunities previously not available to many workers.

Jason and Jon Lieber discuss the benefits of this economic atmosphere. the multitude of companies who offer these types of flexible opportunities and the crushing impact government regulations would have on both small business owners and the workers they contract.

Also, early in this episode there is a Voxer communication between Jason and a long time Creating Wealth listener you shouldn’t miss! 

Key Takeaways:

Jason’s Editorial:

[1:57] Geographically independent living

[3:53] Is there a flood of Chinese money flowing into the U.S. real estate market?

[5:52] Does the U.S. real estate market improve when the stock market drops?

[7:44] Making money through investments or through a business

[9:14] Only 8 tickets left for Meet the Masters

[9:39] Join us for the Dubai Venture Alliance trip

[10:08] Tough questions for Jason from a Creating Wealth listener via Voxer

 

Jon Lieber Guest Interview:

[34:50] Thumbtack connects individuals with small business professionals

[36:31] Finding work with your smartphone is possible through technology

[39:06] Aggregating insurance issues

[39:40] Thumbtack works with independent contractors by facilitating the introduction

[41:52] Finding new clients is a contractor's most difficult task

[44:23] A cost effective way to bring humans together

[45:54] The social safety net applies to employees but not independent contractors

[48:22] People still struggle to find work even when using aggregators

[50:13] Small businesses may not be able to employ a full-time worker but can offer flexible work

[51:27] Flexibility is the key to these new job opportunities

[53:42] If the government starts regulating  the cost will be passed on to workers and consumers

[57:01] Millions of small businesses are having difficulty dealing with government regulations

 

Mentions:

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Chinese Cash Floods U.S. Real Estate Market - New York Times article

Voxer - Contact Jason on jhart88

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