Ever since I was a kid calculating my batting average in between pitches, I’ve always loved numbers. I relish a fresh stack of statistics, and that’s exactly what we have between the new jobs figures and the election results. Are there lessons to be learned from these numbers? I believe there are.
Waiting for investors can mean trouble for startups, especially in Portland's capital-starved market. Four successful entrepreneurs spoke at OEN's PubTalk last Wednesday about the pros and cons of bootstrapping, and the benefits of taking orders from your customers instead of an investor.
No, Tim Boyle is NOT moving Columbia Sportswear to Chicago or anywhere else. His notoriously tough mother, Gert, isn't going anywhere either. As for his first grandchild (her first great-grandchild), the Boyle plan is to keep him in Oregon as well, or more specifically, to create a future Oregon so full of opportunity that he won't want to live anywhere else.
The recently released numbers on Portland home prices say it all. With prices falling 21% from their peak in July 2007, the local real estate sector has a long road ahead to recovery. But some say the key to saving the industry, both locally and beyond, is targeting the growing masses of Generation Y consumers who are already on their way to reshaping the economy.
Gubernatorial candidate Chris Dudley told a roomful of business leaders at a recent forum that he would protect their interests over those of an "out of state energy company" seven days a week. His point is well taken, given the well-documented abuses of tax credits by some of these outsiders. But some of the best jobs news coming out of Oregon can be attributed to energy companies based far out of state.
It’s unusual for Oregon’s rural communities to get the spotlight. With most of the population of the state living in the Portland Metro area, rural towns are out of sight and generally out of mind. Rural leaders for years have told me that they figure they are pretty much on their own to reinvent their depressed economies, and unfortunately I have to agree with them.
In the best of times, it isn't unusual for talented young interns to work their way into a full time job or, failing that, get snagged by a competitor. In the worst of times, they search and search for something, anything resembling full time work — and eventually move to places like San Francisco, reinforcing the message that Oregon may be a nice place to live, but there are no jobs here.
Allen Alley and Chris Dudley are both running for governor on a platform of cutting government spending, improving Oregon’s business climate and creating jobs in the private sector. They have many ideas in common. They also have their differences.
For starters, there is the first impression they give. Dudley isn’t just tall; he is huge, to the point where it seems like there is an exceedingly far distance for his thoughts to travel before he can articulate them with his Connecticut Yankee accent. His responses come out slow and measured, putting him at a distinct disadvantage at any forum involving a stopwatch. But anyone who writes off this 16-year veteran of the National Basketball Association as a dumb jock or a figurehead is not paying attention. Dudley is a Yale graduate who fiercely represented the NBA players’ association and went straight from basketball to philanthropy and business, serving as executive VP for Portland-based M Financial, one of the state’s largest private companies by gross revenue. He may not be winning the debates but he has been winning the fundraising race, and that could prove more important.
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