September 4th, 2018
Each week, I select a few articles that rise above the fray and hopefully help you on your journey in the CRE world. They pull from one of four "corners:" corporate real estate, technology, management science and anything positive. I welcome your comments on these articles.WeShip? | UPS Launches On-Demand Warehouse and Fulfillment PlatformAs online shoppers become more insistent on fast, free shipping, the pressure is on shippers to store and fulfill orders closer to their ultimate destination. At the same time, available warehouse space has been dropping steadily for years. And for smaller shippers, multiple warehouse contracts, if they can be found, can be too much to afford and manage.Furthermore, even medium to large companies with seasonal spikes in business often struggle to find seasonal space or own space that is underused most of the year.New sharing-economy services seek to solve this problem by matching warehouses and merchants based on the products, order volume, space requirements and delivery needs. www.supplychaindive.com[tweet_box design="box_09" float="none"]WeShip? | New sharing-economy services seek to..(match) warehouses and merchants based on the products, order volume, space requirements and delivery needs.[/tweet_box]
"The US real estate market is booming—and so is the real estate tech industry.
In 2008, businesses in the real estate tech space in the US brought in a total of $41 million across just seven deals, according to the PitchBook Platform. Contrast those numbers with what's happening a decade later: So far in 2018, companies in the category have raised a total of $1.3 billion across 73 deals—and there are still four months left in the year." www.pitchbook.com
[tweet_box design="box_09" float="none"]So far in 2018, companies in the category have raised a total of $1.3 billion across 73 deals—and there are still four months left in the year.[/tweet_box]
"Generation Z is composed of those born between 1995 and 2010, which means that the oldest are about 22 and are just entering the workforce. The media has focused a lot on millennials in recent years, but it’s time to turn some of the attention to the millennials’ future co-workers. Gen Zers have a lot in common with millennials, but there are also many ways in which the two generations differ." www.forbes.com
"One of the keys to success is to surround yourself with people whose strengths are your weaknesses. You don’t have to be great at everything to be a successful entrepreneur, you simply have to recognize the things that aren’t your strengths and then find people who possess those skills and work with them to achieve your goals.
This is why freelancers are a great asset to any business. Without the budgets to hire a team in-house it can be tough to achieve the goals you have set for your business. But apps like Upwork allow you to tap into a whole world of skilled freelancers who are ready to work for you." www.forbes.com
“The scooters are back in town.
Three months after ejecting the networks of shared, sidewalk-cluttering vehicles from the city, officials with the San Francisco Municipal Transportation Agency announced today the two winners of its e-scooter pilot sweepstakes: Scoot and Skip.
The city chose the companies from a crowded field of 12, which submitted a collective 800 pages in proposals on their operations, safety, and plans to extend the scooter bounty to San Francisco's neighborhoods. Skip and Scoot now have the right to operate at least 625 scooters each in the city—a number that could eventually double. Scooter lovers, mark your calendars: The agency says it will finalize the companies’ permits by October 15 at the latest. They'll be good for a year.” www.wired.com
Your success blesses others. I wish you a great a hugely impactful week!