Creating an Abundance Inventory
An abundance inventory and a shortlist of opportunities.
In the first lesson, you started an Abundance Inventory. In the lessons since, you’ve seen how the Sunshine Coast turned what it already had into a working system, and how to spot the benefits a project can bring home. Now it’s time to build your inventory properly.
An Abundance Inventory is a plain, honest list of everything your community, region or organization already has that could create value. It is the starting point for everything else in this course. Every module that follows, from the cost of dependence to your OPPORTUNITY business case, draws on it. A strong inventory makes the rest of the course easier. A thin one leaves you guessing.
What you’ll learn in this lesson
By the end of this lesson, you will be able to:
- explain what belongs in an Abundance Inventory and why
- use the seven COASTAL forms of abundance to search for assets you might miss
- gather information from people, places and records
- test and rank what you find
- finish with a short list of opportunities worth carrying forward
Why an inventory comes first
Most communities start with a list of problems: what’s missing, what’s broken, what costs too much. Problem lists are useful, but they keep attention on scarcity. They also tend to lead to answers that come from outside, such as a grant, a consultant or a company that arrives with a solution.
An inventory turns the starting point around. It asks what is already here, who holds it, and what it could become. The answer is almost always more than people expected. That is the shift from scarcity to abundance, and it’s where ownership begins. You can’t own the value of something you haven’t noticed.
What counts as abundance
Abundance is anything that can be turned into lasting value for people in your place. It is wider than money and wider than natural resources. Some of it is obvious, like a forest, a harbour or a farm. Much of it is quiet: a skilled crew, a trusted elder, an empty building, a stream of waste that no one has thought to use.
To search widely, we use the COASTAL framework. It names seven forms of abundance that exist in every community. The Sunshine Coast is our working model, which is why the framework carries its name, but the seven forms are the same everywhere.
- Community and Culture. Stories, languages, traditions, festivals, history, and the relationships that hold people together.
- Organisations and Governance. Councils, Nations, cooperatives, businesses, societies, schools, and the rules and agreements that shape decisions.
- Agriculture and Food. Farmland, gardens, fisheries, orchards, seed, local growers, kitchens and markets.
- Skills and Health. The knowledge, trades, training and wellbeing of your people, including the skills that are underused.
- Tourism and Experience. What draws visitors and what your people are proud to share, from landscapes to events to ways of life.
- Assets and Resources. Buildings, equipment, land, materials, energy, waste streams and infrastructure, owned or available.
- Land and Sea. Forests, soil, water, coastline, climate, wildlife and the natural systems everything else depends on.
Step 1: Set your boundary
Decide what place or group your inventory covers. It might be a town, a Nation’s territory, a valley, a region, a neighbourhood or an organization. Write it down in one sentence.
Keep it small enough that you can find the information, and large enough that real opportunities could fit inside it. If you’re not sure, start with the place you know best. You can widen it later.
Step 2: Walk the seven forms
Go through the seven COASTAL forms one at a time. For each, write as many items as you can in five to ten minutes. Don’t judge or filter yet. A rough list is better than a careful empty page.
To prompt yourself, ask these questions for each form.
- What do we have a lot of?
- What do we already do well?
- What do people travel here for, or ask us about?
- What do we throw away, burn, bury or give away for free?
- What sits unused, empty or underused?
- What do we buy from outside that we could make, grow or do ourselves?
That last question is especially useful. Dependence and abundance are often two sides of the same thing. When a community imports something it could produce, the missing supply chain is usually an opportunity.
Step 4: Gather what you don’t know
Your own knowledge will only get you part of the way. Fill the gaps in three ways.
- Talk to people. Ask elders, farmers, tradespeople, teachers, business owners, youth, council staff and long-time residents. A good question is, “What do we have here that most people overlook?” Listen for what comes up repeatedly.
- Walk the place. Spend time on the ground. Look at what’s empty, what’s overflowing, what’s growing and what’s being thrown away.
- Check the records. Look at local plans, waste and water reports, land and business registries, tourism numbers and previous studies. These often hold facts that turn a hunch into a case.
When you work with a Nation or community, ask first and be clear about how the information will be used. Some knowledge belongs to the people who hold it and isn’t yours to list or share. Record only what you have been given permission to record.
Step 5: Record each item properly
For every item on your list, write a short entry with four parts.
- What it is. A plain description in a sentence.
- Where it is and how much. A rough location and size or quantity, even if it’s an estimate.
- Who holds it. Who owns, controls or cares for it. This will matter later when we talk about ownership.
- What it could become. One or two ideas for value it could create.
Keep each entry short. You’re building a working document, not a report.
Step 6: Test what you’ve found
Not everything on your list is equally promising. Test each item with five questions.
- Is it real? Can you show that it exists and roughly how much there is?
- Is it reliable? Will it be there year after year, or only once?
- Is it accessible? Can your community actually reach it, or is it controlled by someone else?
- Is there demand? Is there someone who would pay for it, use it or benefit from it?
- Does it fit our values? Would we be proud of the way it’s used?
Give each item a score from one to five on each question. Add them up. You aren’t looking for perfect scores. You’re looking for the items that rise to the top.
Step 7: Look for connections
Now step back and look at your list as a whole. Draw lines between items that could feed each other.
Food waste could feed compost. Compost could rebuild soil. Soil could grow food. Heat from one operation could warm a greenhouse. A skilled crew could work on a building project. A visitor interest could support a local experience.
The strongest opportunities usually come from connections, not single items. One enterprise creates the conditions for the next. If you can find a loop where the output of one thing becomes the input of another, you’ve found something worth exploring.
Step 8: Choose your short list
Pick the top three to five opportunities from your tested and connected list. For each, write one sentence that begins, “We could…” and ends with who would benefit.
Then choose one as your lead opportunity. This is the one you’ll carry through the course and build into your OPPORTUNITY business case. It doesn’t have to be the biggest. It should be the one with strong scores, real connections, clear community benefits and people who are ready to act.
Common mistakes
- Starting with solutions. If you jump to an answer before you’ve listed what you have, you’ll miss better options.
- Listing only the obvious. Natural resources are easy to see. Skills, culture, relationships and waste streams are easier to miss.
- Ignoring who holds it. An asset you can’t access isn’t yet an opportunity for your community.
- Doing it alone. An inventory built by one person reflects one view. Invite others in, and expect your list to change.
- Treating it as finished. Your inventory will keep growing. Come back to it as you move through the course.
Reflect
- Which of the seven forms was easiest to fill in? Which was hardest?
- What did you find that surprised you?
- What do you import or pay for that you could provide yourself?
- Whose knowledge would make your inventory stronger?
Exercise: Build your Abundance Inventory
Complete the steps in this lesson using your own place or organization.
- Write your boundary in one sentence.
- Walk the seven COASTAL forms and list at least five items for each.
- List every waste stream you pay to dispose of.
- Write a four-part entry for your ten most promising items: what it is, where and how much, who holds it, and what it could become.
- Score those ten items against the five tests.
- Mark the connections between your top items.
- Choose your short list of three to five opportunities, and name your lead opportunity.
Keep your inventory. You will return to it in Chapter 3, when you choose your first opportunity, and in Chapter 6, when you build your OPPORTUNITY business case.
Key takeaways
- An Abundance Inventory lists everything your place already has that could create lasting value.
- The seven COASTAL forms help you search widely: Community and Culture, Organisations and Governance, Agriculture and Food, Skills and Health, Tourism and Experience, Assets and Resources, and Land and Sea.
- Waste and imports are good places to look. What you pay to dispose of or buy from outside often points to an opportunity.
- Record who holds each asset, and respect knowledge that belongs to others.
- Test your findings for reality, reliability, access, demand and fit, then look for connections.
- Finish with a short list and one lead opportunity to carry through the course.
Your working notes
Use the exercise above to build this part of your project: an abundance inventory and a shortlist of opportunities.
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