We spend a lot of money on new items. But what happens when these new things lose their luster? I would guess there’s lots of unused value sitting dormant around the house and in storage units across the country. What about big businesses? How many “old” technology and furniture items sit around Fortune 500 businesses.
I love the idea of Goodwill, antique stores, and consignment shops. Even online alternatives like eBay and Craigslist. These stores provide a place where old items get a second life. How can we further transfer this value to someone? What would it cost? Is there a better business model for this concept?