Entrepreneurship is not about building companies. The concept that entrepreneurship is only about start-ups is melting faster than the Greenland Ice Sheet. One school, high in the Sierra Nevada, on the shores of a uniquely clear, blue, alpine lake, is about to double-down on this concept. Sierra Nevada College spent the last five decades building an educational structure … [Read more...] about Sierra Nevada College
Archives for November 2019
Businesses Investing in Technologies, LandscapesSave Money and Water
An increasing number of businesses in Southern Nevada are participating in rebate incentive programs that reduce water use and pay dividends through smaller water bills and reduced operation costs. These companies are finding small changes can reap big savings when they take advantage of the Southern Nevada Water Authority (SNWA) rebate incentives for businesses. Chief … [Read more...] about Businesses Investing in Technologies, Landscapes
The Root of the SeasonGiving Thanks for Blessings
It’s easy to forget in the midst of all the conflict and hatred that surrounds us now to give thanks for the many blessings we have. As November is the month of thanksgiving I’d like to remind you all to take a moment and be thankful. President Abraham Lincoln’s Thanksgiving Proclamation is below. It’s as appropriate for today as it was when he first delivered it on October … [Read more...] about The Root of the Season
Shifts OccurringNevada’s Tourism Industry
“Strong” and “evolving”— that’s how Lt. Governor Kate Marshall, chair of TravelNevada described the Silver State’s tourism industry today. Its robustness is evidenced by visitor spending, which has increased year-over-year since 2009. In calendar year 2018, the 56 million people who visited Nevada collectively spent $65.5 billion here, up from $63.7 billion the year … [Read more...] about Shifts Occurring
Minority Owned Businesses in NevadaLeveling the Playing Field
Nevada is open for business. The state is considered business friendly, and that goes for international corporations and small minority owned businesses equally. “With my business, one of the things I observed is that Nevada is truly open for business, whether you are a minority or any other ethnic type of individual doesn’t make any difference,” said Bob Daniel, owner, … [Read more...] about Minority Owned Businesses in Nevada
Industry FocusEducation
Education in Nevada has historically been the target of negative attention for low rankings and poor metrics. As education leaders work to improve the outcomes for students at every level, they’re expecting a ripple effect into the economy, workforce and community. Recently, some of those leaders met at the Las Vegas offices of City National Bank to discuss what has been done … [Read more...] about Industry Focus
RetailFocus on the Experience
Once upon a time — say, 10 years ago — retail was all about selling stuff. But as the business of selling stuff continues to move online, the word of the moment among retailers and shopping center owners is “experience.” “Experience is a big part of what retailers are looking to incorporate now, whether this is in the form of innovative interiors, games or mobile pickup,” … [Read more...] about Retail
Around the StateNovember 2019
Fall Economic Forum Shows Positive Growth According to a “Regional Intelligence Report” by Dr. Christopher Thornberg of Beacon Economics, Nevada’s population growth has significantly outpaced the nation. Thornberg’s findings were presented at Bank of Nevada’s recent Fall Economic Forum. The report noted that the Southern Nevada economy has continued its expansion through … [Read more...] about Around the State
No, the Robots are Not Going to Take all Our Jobs
The robots are coming—and according to some experts, they’re here to take our jobs. Artificial intelligence and automation have made our world an increasingly futuristic wonder to behold. However, some “experts” still apparently worry such a future is a dystopian one—where robots, AI and automation will slowly phase out Americans workers, costing tens of millions of jobs in the … [Read more...] about No, the Robots are Not Going to Take all Our Jobs
Shane Jasmine Young
Founder and Counselor at Law, Young Law GroupType of Business: Law FirmBased In: Las Vegas, NVHails From: New York, NY Years Company Has Been in Nevada: 2Years with Company in Nevada: 2Employees with Company: 7 What was your first job? Working in the Automation Services Department at Pepperdine University. Who in your life has been instrumental to your success? … [Read more...] about Shane Jasmine Young
Commercial RE ReportIndustrial Summary: Third Quarter 2019
Northern Nevada By CBRE Reno Industrial market fundamentals remained solid during Q3 2019 as the vacancy rate remained under 6 percent for the 15th consecutive quarter. Tight market conditions have fueled speculative development in 2019 as construction activity reached its highest level since 2015, with 4.0 million sq. ft. under construction. Most of the current projects … [Read more...] about Commercial RE Report
Business IndicatorsNovember 2019
The “third” estimate of U.S. real gross domestic product (GDP) for the second quarter of 2019 increased by 2 percent at an annualized rate, unchanged from the “second” estimate. Overall, the slower real GDP growth in the second quarter compared to the first quarter mainly reflected weaker business investment (including inventory investment) and net exports, while strong … [Read more...] about Business Indicators
Last WordWhat Are You Most Thankful For?
Diane Fearon PresidentLexicon Bank “I am most thankful for opportunities to be successful while contributing to a strong southern Nevada. Being part of a new community bank that is committed to doing good and doing well, is exhilarating.” Lincoln Spoor Founder and CEO Frites Las Vegas “I am thankful to live in the United States - a country where democracy … [Read more...] about Last Word
2019 NAIOP Southern NevadaBus Tour
Flying High NAIOP Southern Nevada’s Bus Tour Committee is pleased to present the 2019 “Flying High” Bus Tour Event. Coming off of a very successful bus tour in 2018, our chapter is ready to take flight and tour the future of commercial real estate in Southern Nevada. We are flying high as development continues to soar across the valley as enterprising NAIOP developers … [Read more...] about 2019 NAIOP Southern Nevada