Finding Value in Idle Assets

As a result of new marketplaces, platforms and services, owners are now able to recover value in some of their idle assets.  I will keep adding to this list over time but here’s some to start.  I observe that people are starting to lose sentimental value in ownership and that the barrier to entry of needing to purchase for usage is diminishing.  As such, we are seeing growing emphasis on usage and efficiency by the consumer.  The following list illustrates this phenomenon:

  • Homes – Airbnb, OneFineStay, HomeAway
  • Cars – Lyft, Sidecar
  • Art – Artspace, ARTtwo50, Artfinder, Creative Resale
  • Time – Monetize extra time w/ service businesses like Task Rabbit or use extra time to learn w/ Khan Academy, Lynda.com, edX, etc.
  • Ideas – SideProjectors, Hashtaag
  • Money – (extra $$ to invest) Lending Club, Kickstarter, Indiegogo, Rockethub, Razoo, wefunder, Common Bond, equity crowdfunding platforms (too many)
  • Books – Amazon, eBay, Bookbyte, Textbooks.com (too many)
  • Love? – Girlfriends are not to be left idle!!! But fill your dating schedule with Tinder, OkCupid, Grouper,…
  • Musical Instruments – Reverb, MusiciansHub
  • Crafts/Designs – Etsy, Shapeways, Thingiverse, Cubify, GrabCAD, Mixee Labs, Sketchfab,…
  • Clothes – Too many…but Poshmark, Vaunte, The RealReal, see more in my previous post about online/mobile consignment
  • 3D Printers – 3D Hubs, Maker6
  • Manufacturing/industrial equipment – Asseta
  • Recipes – Kitchensurfing, Yummly, Foodily, Tastnotes, allrecipes.com, BigOven,…
  • Sample Products – Birchbox, Beauty Army
  • Alcohol – The Box Noir
  • Venue spaces – Storefront, Eventup, eVenue
  • Old electronics – Craigslist, eBay, Glyde, Gazelle
  • Furniture – One Kings Lane, Craigslist, eBay, Amazon, Chairish
  • RV’s/Trailers – rvshare.com, PureRV, Wonderide
  • Coins – Coinstar

To be continued…

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