California Is the Most Innovative Economy in America (San Diego, San Francisco: purchasing, tornadoes)

[veritased]

The lack of self awareness is monumental... it's why California is doomed, as long as these types are swirling around each other.

[Kevroqs]

Originally Posted by BeauCharles

I wish one of those Bay Area tech giants would be brave enough to put either a headquarters or large district facility in the Central Valley to try to spread the wealth around and build up a part of the state that's as poor as the Deep South. Shouldn't be such a massive disparity in an hour and a half's drive.

Or just hire remote developers instead of forcing their workers to be tied down to the Bay Area.

[Kevroqs]

Originally Posted by JB316

Tech companies won’t be able to attract top talent (typically younger and recently college educated) unless they are in a desirable area. This is why you see tech expansion out of Silicon Valley and Seattle to places like west LA (the silicon beach) and Portland, OR (the silicon forest). They all want to live in large, desirable and exciting cities. I just moved to Bakersfield. I think the area has a ****load of potential, but the Bay Area it is not. I feel like the most places like Bakersfield and Fresno can expect from the tech industries are the new state of the art distribution centers, possibly renewable energy as well, which is something.

But Fresno and Bakersfield are not desirable places to live as they lack big city amenities like nightlife, shopping malls, parks, museums, concerts, etc.... Portland, Seattle, Las Vegas, and Austin seem more desirable to techies.

[Kevroqs]

Originally Posted by waffleiron1968

CA is the most innovative economy in the world. By far - on a consistent basis.

Not so much innovative when a 120k salary is considered "low income", especially in the Bay Area, LA/OC, and San Diego.

[MtnSurfer]

Originally Posted by Kevroqs

But Fresno and Bakersfield are not desirable places to live as they lack big city amenities like nightlife, shopping malls, parks, museums, concerts, etc.... Portland, Seattle, Las Vegas, and Austin seem more desirable to techies.

I think that's pretty much what he said. That tech talent won't necessarily want to move to those other places even if in California.

Originally Posted by JB316

Tech companies won’t be able to attract top talent (typically younger and recently college educated) unless they are in a desirable area. This is why you see tech expansion out of Silicon Valley and Seattle to places like west LA (the silicon beach) and Portland, OR (the silicon forest). They all want to live in large, desirable and exciting cities. I just moved to Bakersfield. I think the area has a ****load of potential, but the Bay Area it is not.

As an IT professional, I've seen many young talented graduates come and go. Very few desire to move to less exciting cities with a few exceptions here and there like maybe a girlfriend or family situation. After more years of experience, possibly starting a family, wanting to buy a home, etc... they may rethink living in that cool/hip, crowded region (the Bay Area) for more practical benefits. Maybe for the right offer/incentives. But that's not going to be your top performing entrepreneur leaving Stanford or Cal to start the next Apple, Tesla, Google, etc... from his garage looking for like minded partners, possibly fellow alumni, and venture capital backers. There's a whole cultural network around that environment.

So, yes, maybe more distribution centers or teleworker opportunities. But not a headquarters in Bakersfield, Fresno, Merced, et al. There needs to be more to the local area than affordable housing and ~3+ hours to somewhere else more exiting.

Derek

[njbiodude]

Originally Posted by veritased

Haha, you keep taking classes, cause you ain't ready for the real world of business. Thriving because your Daddy thrives on his consulting business is swell, but it's fake thriving, ya feel me? And just what exactly defines a 'crummy marginal business' ? LOL. I suspect you voted for Gavin Newsom and will vote for Pocahontas now that she will forgive your student loans and make perpetual college life free.

I've literally never worked with my father ever. Not even in the summer. He did very little to pay for my college as well. Taking out and repaying loans did more. All my debt is repaid but cheap college is still a good thing.

[ringwise]

Originally Posted by Tulemutt

Finper, it’s been pointed out to you numerous times on these forums, what you would be expected to know but apparently can’t grasp: restaurants are about the most likely of all businesses to fail. They start up and fail at alarming rates and always have. Nothing on your list of struggles is unique to doing business in California.

So why NOW can he not stay in business? Restaurants have always been more likely to fail, but in spite of this, they've been in business since 1975. There were restaurants failing and succeeding for aaaaaallllllll those years, but now his business is struggling. What's different NOW that was not true since '75?

I don't think it's this business owner that is failing to grasp the situation.

[Tulemutt]

Originally Posted by ringwise

So why NOW can he not stay in business? Restaurants have always been more likely to fail, but in spite of this, they've been in business since 1975. There were restaurants failing and succeeding for aaaaaallllllll those years, but now his business is struggling. What's different NOW that was not true since '75?

I don't think it's this business owner that is failing to grasp the situation.

finper’s business isn’t a restaurant ... it serves restaurants’ needs, not sure how but I think it might be equipment related. I think she mentioned something about ‘seating’ once. Maybe upholstery. Maybe furnishings. But whatever.

What does “since 1975” have to do with anything? Either you change with styles and trends and techniques and materials ... or you go down. Her father started the business in 1975, not Finper, herself. So whatever he did worked then and doesn’t now. The business has to change with the marketplace it serves ... which includes all the regulatory tape and taxes same as everyone else in the related businesses pay ... and manage to survive doing. How do the ones who survive continue but Finper can’t?

I had a little print shop for many many years. Printing has changed dramatically since the advent of desktop computers and printers ... and especially high speed copy machines ... even full color copies are only a few cents each now. To say nothing of the fact that people now read information directly on their home screens and phones as opposed to picking up brochures and informational literature. There’s almost no small print shops anymore. I loved what I did as a trade. But the trade has mostly died. I didn’t want to transition to being a copy machine mart. Not sure I could have competed with UPS Stores and FedEx Kinko marts anyway. So I retired ... junked my equipment ... couldn’t sell it because no one uses that crap I had anymore.

It wasn’t the state’s fault. It wasn’t the Democrats’ or Republicans’ faults. Hell, I’ll even admit it wasn’t Trump’s fault Lol. My business, profession, trade just timed out.

[CA4Now]

Originally Posted by njbiodude

Again crummy marginal businesses are generally forced to leave. I'm 30 and taking classes even though I have 2 degrees already. It takes perserverence to thrive here and you need to stay up to date with your skills.

My father runs a consulting business of sorts and thrives here, I thrive here as do plenty of others. If you want to pay your cashier $7.25/hour, Arkansas beckons. There's a ton of amazing restaurants in my area and the competition is fierce.

Have to agree on that one. The people I know who own their own businesses here--one took over his father's--are doing remarkably well. (None in the restaurant industry, however.)

[marryone80]

Yes, you are right.