5 Links on Economic Development

May 23rd, 2016 Posted by Business is ART, Employment, Entrepreneur, Leadership, Uncategorized 14 thoughts on “5 Links on Economic Development”

DevelopmentEconomic Development – Each week I identify a different theme of the week and provide you with content, some original and some from external sources, around that theme.

This week’s theme is “economic development.” I’m excited about the topic because my guest this week on the Business is ART podcast at the TrueChat Network is Steve Odland of the Committee for Economic Development in Washington DC. More to come on that.

The topic is also fresh on my mind because I just spent the better part of the last week and a half producing some on-line training videos that, if I did it right, will help entrepreneurs and organizational leaders to be more successful in business and to feel less over-whelmed and alone. More to come on that as well.

A Word On This Week’s Theme

I first became interested in economic development in the early 2000’s when it appeared to me our small town community was dying. So, I read books, I talked to people, I got involved. Thanks to many, many others who caught the same bug, things are looking up. New businesses are popping up here and there. Old businesses and historic buildings have a little bit of new life being breathed back in to them.

There is a long way to go but it is an exciting thing to watch and an honor to be part of the process in whatever small way I can be.

Sometimes I think government gets it right and sometimes wrong when it comes to economic development. I think the key is that we, the members of the public, have to make it work while the government supports and readies the environment. We can and should take advantage of any government programs out there that can stimulate economic development…but only if we the people actually make it work.

In the end, it comes down to a will to make it happen, good old fashioned hard work, great ideas, products and services, and a little bit of luck.

This Week’s Links

Entrepreneur – From Entrepreneur’s Small Business Encyclopedia comes this information on the Economic Development Agency. There are a lot of resources out there, many for free. Don’t feel like you have to go it alone when it comes to starting a business. Do your homework and utilize the help that is available to you.

Entrepreneur – I’ve quoted articles featuring former Small Business Administration Chief Karen Mills before. This piece, also from Entrepreneur, is a bit dated (2013) but is still relevant. In it, Mills discusses 3 keys to a better U.S. entrepreneur economy. One of the common threads – don’t go it alone.

Inc. – Just prior to writing this post, I wrote a post on my personal blog (entitled #Significance) that discusses graduation season and the millennials wearing caps and gowns this as we speak. So this article discussing millennials as the economic future seemed timely and appropriate. Millennials. They aren’t just for marketing any more.

Committee for Economic Development – Check out this report from the CED with respect to tackling economic inequality and boosting opportunity. I love this quote, “All suggested reforms – spanning health care to taxation to higher education – stem from our belief that the greatest potential to lessen inequality comes through creating equality of opportunity.”

TED – In his TED Talk, Timothy Bartik, th eauthor of Investing In Kids, makes the economic case for preschool and argues that the economic benefit of well educated kids goes beyond the altruistic. Seems elementary (pun intended).

Tags: , , , , , , ,

14 thoughts on “5 Links on Economic Development”

  1. Jack says:

    Everyone loves it when folks come together and share thoughts.

    Great blog, keep it up!

    1. Jon Umstead says:

      Thanks, Jack. The podcast referenced in this particular blog is now available. Steve Odland, President and CEO of the CED and co-founder of No Labels was a great guest. I really appreciate the mission of both of those organizations and what Steve does for them (and us). Check it out here: http://truechat.org/businessisart/

  2. Will says:

    Ahaa, its pleasant conversation on the topic of
    this post here at this blog, I have read all that, so now me also commenting here.

  3. Jane says:

    Howdy! Someone in my Facebook group shared this website with us so I came to check it
    out. I’m definitely loving the information. I’m
    bookmarking and will be tweeting this to my followers!
    Terrific blog and excellent design.

    1. Jon Umstead says:

      Thank you very much.

  4. Chrinstine says:

    These are genuinely fantastic ideas in about blogging.
    You have touched some good factors here. Any way keep up wrinting.

  5. Hi, There’s no doubt that your blog could possibly be having internet browser compatibility issues.
    When I take a look at your blog in Safari, it looks
    fine however when opening in Internet Explorer,
    it’s got some overlapping issues. I simply wanted to give you a quick heads up!
    Other than that, excellent site!

  6. What’s up everybody, here every person is sharing such familiarity, thus it’s nice to read this webpage, and I used
    to pay a quick visit this webpage daily.

  7. songtre.info says:

    Hey I am so grateful I found your blog page,
    I really found you by mistake, while I was browsing on Bing for something else, Nonetheless I am
    here now and would just like to say many
    thanks for a remarkable post and a all round entertaining blog (I also
    love the theme/design), I don’t have time to read it all at the moment but
    I have saved it and also included your RSS feeds,
    so when I have time I will be back to read much more, Please do keep up the
    great job.

    1. Jon Umstead says:

      Thank you

  8. payday loan says:

    Thanks to my father who shared with me on the topic of this
    weblog, this website is truly remarkable.

  9. Leesa says:

    Hi, I do think this is an excellent site. I
    stumbledupon it 😉 I’m going to come back yet again since i have bookmarked it.

    Money and freedom is the best way to change, may you be rich
    and continue to help others.

  10. Tamela says:

    Excellent web site you’ve got here.. It’s hard to find high quality writing like yours these days.
    I really appreciate individuals lioke you! Take care!!

Leave a Reply

Your email address will not be published. Required fields are marked *

Plan Canvas is a community and a powerful software for improving your odds of business success and personal fulfillment.

© SeaSeven LLC 2017.
Developed with FRW Studios.