DIGITAL TRANSFORMATION

Hardware Boom - The Benefit of a DIY Project

Hardware sales in Australia have provided the likes of Mitre 10, Bunnings and independent hardware stores with a mini-boom with Australian households spending more than $2 billion a month on hardware items since March according to data compiled from the Australian Bureau of Statistics. 

For context, the monthly average spent on hardware over the last decade has been $1.3 billion nationally. Locally in Queensland, hardware and garden supplies sales have been running at $400 per month. 



The do-it-yourself industry is alive and well but also has application for many small business owners who have no choice but to innovate 

Critical thinking or problem solving becomes the first, second, third and ongoing challenge in any small business but the benefits that derive from do-it-yourself have the benefit of providing the small business operator with ways to be truly nimble and efficient.

While the obvious downfall of attempting to everything yourself is evident in terms of time, there are examples of small scale projects that have obvious health benefits. 

According to Science and Technology web blog, Orion a do-it-yourself projects can boost confidence, self-esteem and provide health benefits that include reduce heart disease risk, lowering blood pressure and help reduce stress. 

Interestingly, a DIY project can assist thinking around small business thinking as the most obvious benefit is learning. 

So for any business owner, a small home project can help brain train and improve critical thinking that will not only provide a sense of satisfaction but provide a health benefit for the number one employee in the organisation.