Hey everyone! My name is Glenn Carter, founder of the Casual Capitalist, and sharing economy enthusiast. Today, I want to give the good folks at WeGoLook a break from writing to tell you why I, and many of my fellow Casual Capitalists, love WeGoLook’s flexible part-time inspection jobs.
Regularly I hear the same thing from our community: “I can’t rent out my place on Airbnb, and I’m a terrible driver! So Uber is out of the question. What else can I do?”
We often limit our thinking of the sharing economy to homes and cars. After all, Airbnb and Uber are the juggernauts of this massive economic transformation. This however, is a big mistake. There are literally hundreds of options out there for people who want to earn some side income.
And, WeGoLook is one of our favorites.
But first, a quick note about the sharing economy or gig economy umbrella under which WeGoLook finds itself. This will help us understand the broader shift that is happening right before our eyes. You have a front-row seat, so pay attention!
What is the Sharing Economy and Why Should WeGoCare?
According to the official Casual Capitalist dictionary, the sharing economy is “the entirety of hundreds of online platforms that enable people to turn otherwise unproductive assets into income-producing ones.” The sharing economy is also frequently referred to as the gig economy. Admittedly, the term sharing economy has come under fire due to criticisms that it is not actually sharing and others feel the term ‘gig’ is more appropriate. There are similarities and subtle differences, but regardless of which term you prefer or read about, they are generally referring to the same thing.
These assets include cars, homes, hobbies, spare time, parking spots, consumer items, and much more. The sharing economy boils down to finding value in assets, skills or time that are wasted or under utilized.
So Uber, Airbnb, TaskRabbit, WeGoLook, and hundreds of others, are all sharing economy platforms.
What we have argued at the Casual Capitalist is that the sharing economy is a fundamental shift between the economic principle of scarcity to one of abundance. That is, how can we capitalize on the abundance of the on-demand consumer generation?
The old mentality of excess consumption is now moving to access consumption. Instead of owning a car, you can use one only when needed. Instead of owning a thousand consumer or retail items, you can rent them from others. Instead of wasting your time doing something, you can leverage the spare time of others.
This new business model, that is disrupting the traditional supply chain, is really not about sharing, it’s about access. (This is why we prefer ‘sharing economy’ over ‘gig economy.’)
We are transitioning from an ownership consumer mentality (yes, I’m looking at you Baby Boomers), to one of access consumption (hey millennials!).
Business is booming. According to PricewaterhouseCoopers (PWC), the estimated value of the sharing economy sector by 2025 will be $335 billion. Specifically for WeGoLook, between 2014 and 2015 the company achieved an astounding 300 percent growth in revenues.
So what does all this mean for you? First, you can now be an entrepreneur with little to no startup cost as these sharing economy websites have done all the front-end work. You can be ultra-flexible with your own work schedule, deciding when and what jobs you take on.
You are your own boss and more empowered.
This is an opportunity you shouldn’t pass up. According to many economic studies, the sharing economy pays out tens of millions of dollars every day to people just like you and me. You need to start taking your slice of that pie!
WeGoLook: Inspection Jobs Transformed
WeGoLook was born out of a simple yet innovative mission: to help customers mitigate their risk when purchasing items sight unseen.
This business idea was the result of a conversation that WeGoLook Co-Founder and CEO, Robin Smith, had with a friend who was purchasing a projector on eBay. Robin’s friend believed that the seller was misrepresenting the item, saying “I sure wish I had someone to go look at that for me.”
WeGoLook was created, and is now a powerful sharing economy platform that can dispatch one of 20,000+ Lookers to verify claims made by sellers about assets for sale. Lookers act as your eyes and boots on the ground to see if a potential purchase is as advertised.
Think of it as on-demand inspections or custom tasking.
Perhaps you want to buy some land, property, or used vehicle that is hundreds of miles away. Maybe you need someone to check on property you already own or verify that an online dog breeder isn’t actually a puppy mill. Maybe you’re too busy with your new sharing economy passion to be bothered to travel to inspect the purchase.
Enter WeGoLook. You can place an order for an inspection or custom task and WeGoLook will dispatch a Looker who will travel to the item and complete an online report based on your criteria. How’s that for service?
Once a report is requested, Lookers in the area are notified via the WeGoLook mobile application and have the opportunity to claim or accept the Look. Lookers reach out to the contact or seller to arrange the Look. If Lookers have trouble making an appointment, WeGoLook’s support team is there to help.
What do Lookers do?
Lookers take pictures, videos, collect specified data, and respond to any questions about the object or property based on the inspection order criteria. Once complete, the Looker files their report which is verified by WeGoLook’s quality assurance team and then sent to the client.
Lookers are dispatched to verify anything about an object of interest to WeGoLook customers. The most common Looks are vehicles but also frequently include property, boats, heavy equipment, document retrieval, notary services, and more.
Who are Lookers?
Lookers come from all walks of life. The Looker community is comprised of school teachers, retired veterans, pastors, mechanics, notaries and many others looking for a part-time flexibility to keep them active and social.
Meet Robin from Virginia, who has been with WeGoLook since 2015. Robin works about once a week for WeGoLook, which fits in perfectly with her full-time job as an entrepreneur, educator, and author.
“Looking helps me to get away from the computer and travel during the week,” Robin notes.
“I like to use the travel time to shop in an area that I might not travel to usually. I also like the stories that customers tell me,” Robin shared in a recent blog post.
WeGoLook Success and Growth
As a nod to its unique business model, WeGoLook won the 2015 Innovator of the Year by The Journal Record. This award recognizes Oklahoma companies for innovation, technology, and growth. In 2015, Dell named WeGoLook in the #2 spot of their Top 10 Most Innovative Companies in The Internet of Things (IoT) field.
Impressed yet? Consider that in 2012, WeGoLook had 2 employees and a stable of 7,000 Lookers. By the end of 2015, the company grew to 70 employees and had 20,000+ Lookers registered.
Why is WeGoLook so popular? Because it is solving a big problem in the inspection industry. Put yourself in the shoes of someone about to make a large purchase remotely. This can be a property, car, or auction item.
WeGoLook’s services don’t stop with consumers. The company has rapidly extended its services to commercial and enterprise clients and affiliate partners. Its client portfolio is impressive and expanding, providing more opportunities for Lookers to earn extra income.
Both consumers and enterprise clients are increasingly electing to have a trusted associate, in this case a WeGoLook Looker, complete inspection work and custom tasking for them. People and companies are happy to pay for this type of professional service.
So why not be that professional? You could be earning between $20-$200 per job just by acting as someone else’s eyes and ears.
Remember the WeGoLook founding story above? It has now come full-circle. Recently, WeGoLook announced a partnership with eBay Motors to provide inspection services for eBay customers.
Platform Stacking: Doing and Earning More
Before we go, I want to introduce you to one last Casual Capitalist concept: platform stacking (copyright pending!). Platform stacking is the practice of establishing a presence on many sharing economy platforms.
For instance, ride-sharers who operate on Uber or Lyft are a perfect stacking fit for the WeGoLook platform. Ridesharing drivers often have downtime that they can maximize through gigs on WeGoLook. Best of all, rideshare drivers are already familiar with the concepts and technology of sharing economy platforms.
Another great platform stacking option is for sharing economy deliverers. Specifically, deliverers working for Instacart, Postmates, DoorDash, or UberRUSH, can easily continue earning during quiet periods by stacking with Looks from WeGoLook.
By doing this you are stacking the deck in your favor by multiplying and diversifying your gig income opportunities. You’ve already developed your profile for one platform, so there is less effort to register for another platform.
There is no need to limit yourself to just one platform or one sharing economy niche. Expand your income potential by trying out different platforms.
Thanks for joining us today, and please register now to see if WeGoLook fits your lifestyle. Clearly WeGoLook is an amazing opportunity with continued growth prospects looking forward.
Now, go look!