LifeHub's Candice Chan On How We Can Combat The 996 Lifestyle
In the fifth episode of our podcast Up to Speed with UBS, Candice Chan, the co-founder of medical wellness centre LifeHub, talks about the next billion-dollar supplement, how we can counteract the 996 lifestyle and why healthspan is the new lifespan
No longer just a fringe industry for yoga moms, wellness is everywhere you look. But what will that look like in 10 years? In this crowded multi-trillion-dollar market, how can you compete? And where next for the business of health?
We asked these questions and more to LifeHub’s co-founder Candice Chan in the fifth episode of our podcast, Up to Speed with UBS. In conversation with Gen.T’s Lee Williamson, Chan shares why mental health is set to take centre stage in the coming years; what today’s era of self-optimisation and self-personalisation means for investors; and how we can combat stress through early anti-aging approaches and biohacking.
Here are a few excerpts from the conversation. Click the audio player below to listen to the full episode.
ON EARLY ANTI-AGING AND BIOHACKING
“Right now, there's a trend for early anti-ageing starting in people's late 20s or early 30s. There are a lot of facial wellness devices, vitamins and products popping up just catering specifically for this age group.”
ON HEALTHSPAN OVER LIFESPAN
“In this day and age, I think everyone's becoming more competitive. They want to work smarter, but they also want to play harder and live longer. And people are becoming more and more aware of healthspan as opposed to just lifespan.”
ON THE ERA OF SELF-OPTIMISATION
“We're moving into more of a self-optimisation and personalisation era; there is more and more science and data available. That means there are more tools, assessments and products available for people to plan out how they want to live their lifestyle, for example, how to plan out their supplements, diet or exercise based on how their body's doing.”
ON COMBATING THE 996 LIFESTYLE
“Stress and sleep are going to be the biggest health challenges we're going to see in the next 10 years. In fact, I think both of these problems are huge right now already, especially for people who have a 996 lifestyle. That means that people are working nine to nine, six days a week as a norm. People are going through burnout very early on. You can imagine with this type of lifestyle, what kind of damage it's going to do to our health.”
ON THE FUTURE OF THE WELLNESS INDUSTRY IN ASIA
“A value reset is bringing people to focus more on their internal health rather than external beauty. Mental health is going to take centre stage in the wellness industry in the coming years. Businesses in this space are the companies to watch.”
Quotes are edited for clarity and brevity.