Real Opportunities & Threats for Real Estate: Future of Work & Sharing Economy Trends Aassia Haq Founder & CEO – Guidrr @aassiaharoonhaq Presented at Encore Wealth Dallas, May 28 2015
Aug 07, 2015
Real Opportunities & Threats for Real
Estate: Future of Work & Sharing Economy
Trends
Aassia Haq Founder & CEO – Guidrr
@aassiaharoonhaq
Presented at Encore WealthDallas, May 28 2015
About My Journey: A Starter Upper
A global travel & entrepreneurship journey
Nearly a decade at PepsiCo – Communications/PR; Brand management
4 years: Online Startup CEO – ALUMRISE (Future of Work)
3 yrs: Chief Marketing Officer - MBO Partners (Future of Work)
Full Circle: Startup CEO @Guidrr (Travel, Future of Work, Urbanization); Speaker & Board Advisor
Dallas based; Global Citizen
: @aassiaharoonhaq
LI: www.linkedin.com/aassiahaq
My Objective Today
1. Describe How the Sharing Economy Trends Impact Real Estate Today
2. Share Key Factors Driving the Future of Work
3. Leave You Thinking
15 Minutes for Q&A
So What? Beyond the Buzzwords
Sharing Economy
Peer to Peer
Collaborative
Consumption
On Demand
?
Why It Matters to Global Economy
Sharing Economya
Peer to Peer
Collaborative
Consumption
On Demand
$11.4 Billion Investe
d
Source; Jeremiah Owang: Crowd Companies
Why It Matters to Your Sector
Sharing Economya
Peer to Peera
Collaborative
Consumption
On Demand
$2B
Source; Jeremiah Owang: Crowd Companies
Disrupting SpaceSpace: $1.4 Billion in Funding (Bulk: Airbnb)
Key Players: Airbnb, Couchsurfing, HomeAway, Inspirato, LoveHomeSway, OneFineStay, Roomer, Roomorama
WorkSpace: $416.5 Million (bulk WeWork)Key Players: WeWork, LiquidSpace, AppearHere,
Deskwanted, Breather, Peerspace, PivotDesk, ShareDesk, Storefont
Source: Thanks Jeremiah, Lisa Gansky
In the business of space
Rachel Botsman:2014 Prediction
Anyone?
Industries ripe for disruption have 5 key characteristics:
• Complex experiences• Waste• Broken Trust• Redundant intermediaries• Limited Access
3 Key TakeawaysSharing economy = efficiency in asset
utilization. The drivers tech (on-demand platforms); trust (scaling in UX & business models)
Sharing is about physical spaces (buildings, real estate), products (tools, things) and about creating a means to share our most valuable assets – ourselves (services, tasks)
The so-called Sharing economy is driven by people, across the globe .. And that leads to the next part of my story
Why Future of Work Matters to The Future of
Real EstateMacro Changes to Employment Create the Biggest Change to How We Will Live, Work, Play – Changing Our Concept of Self & Space
Our Future Belongs to the Micro-Entrepreneur
53 Million or43% of the US private workfore by 2020
30M: Solopreneurs Vs. Side Giggers
Cross-Generational Trend
Gender & GDP
In Context: The Expert”Expect growth but in supply and demand for independent workers in the next 5 years. Even more individuals will become independent micro-entrepreneurs due to the autonomy, control and flexibility independence provides – or simply because it’s their best or only option in the new economy … ”
Steve King: Partner, Emergent Research
The Barbell EconomyA future view of our economy with major
implications – and a sector call to action
Big gets bigger
MicrobusinessBooms
Middle Shrinks
Authorities & Experts To Watch/Follow
Sara Horowitz – Freelancers Union
Steve King- Partner Emergent Research
Gene Zaino – CEO MBO Partners
MBO Partners State of Independence in America Survey
The #CoworkingIndustry
Self-Employment is our Future, Who’s Got it Cracked?
Intuit 2020
In A Word: How This Impacts The Business of
Real Estate Converging global trends in sharing economy, future of work &
urbanization are for me, the most exciting and investable opportunity
INCOME
SIZE
DIVISIBILITY
PURPOSE
CONTROL
OWNERSHIP
From Corporations to Coliving
Location-independent
BYOW/BYOD
Digital Nomad
Walking Not Driving
Community Not Isolation
City not Suburb
Changes to :
• Where• How• Why
We Work WeWork
vRegus
Urban, Sharing & Connected 66% urban by 2050
(UN)
Self-employed, choosing where to live/work/play
Unstable income streams – living small
Sharing• Assets
• Knowledge
• LivesVia
Platforms
Remember those 12.1M Sidegiggers?
Global Questions, Local Answers
Future of Work Trend
Self Employment
Micro-Entrepreneurship
Sharing Economy
Platforms for Work
Expertise based work
Global 50/50 Corporations
Less resources, more Income inequality
Real Estate Impact
Mortgages & Rent v Own
Mixed-use (work/play)
Build to Share (Home/Car)
Location independent
Expert cities/Coworking
Changing needs for space
Micro, sustainable and shareable/divisible spaces
Let’s Build the Future of Real Estate With Future Of Work
Questions?Answers: From a business thinker and observer perspective.
Thank you!
@aassiaharoonhaq
@Guidrr
www.about.me/aassiaharoonhaq
LinkedIn: www.linkedin.com/aassiahaq