Why the Fastest-Growing Companies Don’t Own What They Sell
Across today's most talked-about businesses, a quiet revolution is happening: success doesn’t depend on owning the biggest warehouse or hiring the most staff. Instead, platforms are thriving by connecting people who have something—rooms, rides, skills, or knowledge—with those who want it. Consider Airbnb or Uber, who don’t own hotels or taxis; they simply create spaces for transactions to happen, relying on the community to provide both what’s being offered and what’s being consumed.
For many years, businesses operated as pipelines: design a product, manufacture it, sell it, repeat. Each step was owned or closely controlled, and growth came from investing in more factories, staff, or inventory. But digital technology changed everything. Now it's easier than ever for someone in one city to lend a hand, lease a room, or teach a skill to someone they've never met. It's not about replacing old businesses; it's about inviting more people to create and benefit from new markets.
The real magic? Growth is no longer limited by what you own. If your design allows for others to join in easily—without you managing every detail—your community becomes a powerful engine for creating value. It’s why a kid with an app can take on whole industries; the right connections matter more than a warehouse full of stuff.
This shift relies on behavioral science ideas like social proof (people trust each other more than distant companies), reduced transaction costs (it's less hassle to exchange online), and the psychology of community participation. If you can lower barriers and make the exchange safe, fair, and easy, even complete strangers will try something new. That’s the real DNA behind today’s biggest platform stories.
To get started, look around and spot what's being wasted or overlooked—maybe it's your family's unused board games or your neighbor's woodworking skills. Next, think about who around you would benefit: is there a club, a class, a friend group always borrowing the same things? Then, make the connection as painless as possible, whether through a shared document, reminders in a group chat, or a simple notice board. Don't worry if it's messy at first—you're testing how people respond. The aim is to find a match, build a bond, and watch value unfold without adding extra stuff to your own closet. Give it a try the next time you notice someone searching for something you know is out there, just waiting to be found.
What You'll Achieve
Learn to create value for others by connecting existing resources instead of owning them yourself, fostering a resourceful and collaborative mindset as well as external results like new markets or group initiatives.
Begin Building Value Without Owning Everything
Identify unused resources you can connect.
Look around for things, spaces, or skills that sit idle—like spare rooms, extra tools, or underused talents in your network. Make a simple list.
Map out who needs or wants those resources.
Think about who could benefit from accessing these resources—a neighbor needing a drill, a traveler searching for accommodation, or a local business seeking extra help.
Draft a way to connect the two sides easily.
Design a basic process—like a group chat, website, or flyer—where people can offer and request these resources, focusing on low barriers to entry and trust-building.
Reflection Questions
- What resources around you remain idle that others could use?
- Who could benefit from being connected, and what stops you from acting?
- How can you reduce friction or anxiety for first-time participants?
- What simple prototype could you launch this week?
Personalization Tips
- A student group lets classmates share textbooks through an online spreadsheet instead of everyone buying new copies.
- A neighborhood app connects locals who want to borrow gardening tools, saving money and clutter.
- A hobby photographer starts a site where friends can rent out unused camera gear.
Platform Revolution: How Networked Markets Are Transforming the Economy―and How to Make Them Work for You
Ready to Take Action?
Get the Mentorist app and turn insights like these into daily habits.