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// SUM cool stuff for March
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What's on our minds in March... 


Sharing to Earn

how to succeed in the sharing economy


Airbnb. Uber. DogVacay. Relay Rides. There is no shortage of platforms in the sharing economy. But is it really sharing when you do it for money?
 
Amsterdam seems to think so. Calling itself the first “Sharing City” of Europe, the city claims that “the sharing economy provides local connection and reduces social isolation.”
 
As Europe generally embraces collaborative consumption, the States has its own love/hate relationship with its laws and regulations, leading the WSJ to ponder, "Will 'Joe the Plumber' become 'Carl the Uber Driver'?"
 
So if you're hosting on Airbnb or crowdfunding on Kickstarter, know your tax and insurance implications. We've put together a business guide for making sharing a success.

 


Sharing to Save

from communes to coworking


Space. We have so little of it here in NYC that sharing it to save money is a necessity. NY Mag suggests that creating a commune with strangers “isn’t as crazy as it sounds,” though the NYT reports that these sorts of shared apartments may have artificially driven up the rental market overall. 

Are these 260-square-foot micro apartments the answer? Sure, you don't have to share, but at $2,000 a month they might just be some of the most expensive shoeboxes we've ever seen. 
 
Sharing to save on office expenses, however, is great for a city where entrepreneurship flourishes. Coworking spaces are now everywhere, offering more styles and flavors than a Ben and Jerry’s shop. 

With so many coworking spaces, how do you choose the right one?  Take our little coworking self-assessment to find out

Share more in your life

TimeBanks

Share your time

It's sharing without the cheesy names or IPOs. TimeBanks is a movement to build strong communities by sharing time. One hour helping another earns you one time credit, which you “spend” when someone does something for you. An hour of dog-walking equals an hour of gardening equals an hour of mentoring—it’s the best version of pay it forward.

Share your home

Home swapping is nothing new, but online platforms have made it easier and more popular. HomeExchange.com is one of the largest of such sites, offering 65,000+ listings worldwide. Now you can fulfill your rom-com dream of meeting Jude Law in a quaint English countryside cottage à la The Holiday.

Adding it all up...


"We have what we need, if we use what we have." 
            —Edgar Cahn, TimeBanks founder

This spring, share even a little and you can reap a lot! Sharing enriches your life... and your business. 

Sum Stuff for your Radar



 

Best for NYC


What it is: 
B Corporation and NYCEDC team up to challenge NYC businesses to gauge their social impact.

Why we like it: 
Build a better business, for yourself, your employees, and NYC.



Give and Take


What it is: 
Adam Grant’s bestseller on why giving (rather than taking) means higher productivity and better success

Why we like it: 
In addition to reshaping ideas in management, Adam’s take on altruism can help foster gender equality at work.

Sum Dates to Remember


Mar 15
Corporate tax deadline
 
Mar 20
NYS sales tax returns due for monthly sales tax fillers
 
Mar 21 
Best Made Company hosts The Axe Summit in Salisbury, CT
 
Mar 25-29 
New York Affordable Art Fair returns to Metropolitan Pavilion for spring edition
 
Mar 27
Last chance to check out Judith Scott’s exhibition “Bound and Unbound” at Brooklyn Museum
 
Apr 15
Tax deadline for individual returns and due date for Q1 estimated tax payments
 
Apr 15
BAM presents “Sowing the Seeds of Hope,” an evening with trailblazing conservationist Jane Goodall 
 
Now until Apr 30 — The Björk exhibit at MoMA is in full force; don’t miss the lectures and gallery talks throughout March and April
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