Downsizing trends and opportunities

Downsizing trends from Haydn Shaughnessy’s article on Forbes.com via Bob Jacobson.

  • Replace vacations with lifestyle options in sport and leisure. Example: urban kayaking.
  • Make routine tasks more fun, rewarding and satisfying. Example: the window farm.
  • Cheap and good street food instead of expensive restaurants. Example: gourmet street food.
  • Focus on prevention and maintenance instead of cures in healthcare. Example: at-home monitoring.
  • Double-duty personal enrichment activities for both leisure and career enhancement. Example: voice training.
  • Turning hobbies into potential sources of income. Example: Etsy.com
  • Reduction of fossil fuel consumption. Example: buying bicycles.

Review your services and products. How well do they fit into the list above? What are the new opportunities?

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