Greensboro: 5 Seconds behind the Curve
Two years ago to the day Greensboro was shown where the jobs were. Why aren’t they here already?
Looking at the fastest growing occupations a reasonable argument can be made that 8 out of 10 bear a direct realationship to the Creative and Weblog Industry, which is experiencing a growth of over 100,000 new blogs launching daily.
Fastest Growing Occupations, 2000-2010
Employment Change
| Occupations | 2000 | 2010 | Number | Percent |
Computer software engineers, applications |
380 | 760 | 380 | 100 |
Computer support specialists |
506 | 996 | 490 | 97 |
Computer software engineers, systems software |
317 | 601 | 284 | 90 |
Network and computer systems administrators |
229 | 416 | 187 | 82 |
Network systems and data communications analysts |
119 | 211 | 92 | 77 |
Desktop publishers |
38 | 63 | 25 | 67 |
Database administrators |
106 | 176 | 70 | 66 |
Personal and home care aides |
414 | 672 | 258 | 62 |
Computer systems analysts |
431 | 689 | 258 | 60 |
Medical assistants |
329 | 516 | 187 | 57 |
Of course if one attracts the higher paying jobs in the Fastest Growing Sector, the service jobs in the Largest Growing Sector naturally follow.
So where are the business models headed that create these jobs? The latest has headed to Virginia. PaidContent.org posted recently that Northern Virginia based BackFence.com has received a $3 million dollar first round of Venture Capital. This announcement comes on the heels of other internet blog properties moving, Weblogs, Inc. and Weblogs.com.
Reports like this touting a 26% growth in internet advertising revenue may have sparked a bit of a boom, but are we feeling it here? As the dollars begin to flow thru the blogosphere, where’s Greensboro?
Sadly, it’s lead of years, faded to 30 seconds, and now it’s behind. Local start-up companies with National aspirations, like Greensboro101, TriadBlogs, EpiCourier and BlackCache who have been uniquely posistioned to capitalize in their respective market niches may just miss the curve. Companies not prepared with the needed resources to develop the management, content, audiences and roll out a national footprint to distribute too, will lose out on opportunities like, the political advertising market of 2006, that will be crucial to their ability to compete against MSM and survive.
How can Greensboro regain its lead or maintain it present market opportunities?
It needs to break free of the manufacturing based economy mentality and "find some love" from the local investor community. It needs to translate the community support given to ConvergeSouth into a long term investment strategy. It needs to be shown how the business of Creative Industry directly relates to the Mid-Atlantic Fed Ex Hub and how it will be the two working together that will bring the future jobs to our community, to our children.
Our company’s business plan has not called for VC, but if the recent Shopping Spree continues we may consider looking for a "little love" ourselves for some of our internet properties. I just hope we don’t have to go to Northern Virginia to find it.
But, if it comes to it, you know what they say, "Virginia IS for Lovers."
October 17th, 2005 at 11:14 am
Some interesting points there, Ross. It makes one wonder what the blogging community, and for that matter, the internet industry in Greensboro and the Triad is trying to achieve.
I think we’ve shown through events like ConvergeSouth and our popular meetup events that we not only have the ability to draw more and more people into the blogging revolution, but also to attract attention to Greensboro as a major player.
But what are we (and I mean a collective we as in the entire Greensboro blogosphere) playing for? What have we done that would warrant outside, or for that matter, inside investment in this burgeoning new industry for Greensboro?
How do we harness the positive momentum that’s been created by Converge, Greensboro101, our own WebCOM networks and the N&R’s Town Square and turn that into investment and jobs for the community?
I believe it can be done. I believe we are on the cusp of what could be a potential new industry for Greensboro but I think we need the folks in our own community who have the vision, the ability and the dollars to make things happen to realize what a treasure we are all sitting on.
October 17th, 2005 at 5:12 pm
excellent post.
i think we are ahead of the curve as a user community — this the point chris nolan made in her recent eweek article.
but in terms of development, product, and investment on the part of existing businesses beyond the newspaper — not so much.
i’ve been toying with some ideas for my column and blog, post converge, about next steps and economic development. thanks for helping me focus on that topic.
October 17th, 2005 at 5:40 pm
Curves
October 17th, 2005 at 10:48 pm
more bloggers - more transparency - more sunlight, more disinfectant - better government, better planning - a better run city - from which many benefits ensue.
(or so I like to think)
October 18th, 2005 at 1:04 pm
Good points Ross. I think it will take the folks with money in Greensboro (i.e. old men) to embrace new ideas and platforms. Not easy task but something worth doing.
Viva La Revolucion!!
JT
November 12th, 2005 at 11:16 am
Sometimes, why you should stay away from VCs
A month ago after Greensboro pulled off an amazing “creativity for everyone” conference, there was some talk about why we were “5 seconds behind the curve.” All of this centralized around the fact that Greensboro had not pulled of a…
April 26th, 2007 at 1:34 pm
[…] It might be time for all of us around here to start seriously considering putting some of that love in a Greensboro bank. […]