A $5 Million Impact From a Plate of Nachos?
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Transcript of A $5 Million Impact From a Plate of Nachos?
Community Success:
A $5 Million Impact From a Plate of Nachos?
Mike Running, Executive Director
Dumas, Texas Economic Development Corporation
Nachos
• So many ingredients coming together to create a tasty feast
• Enjoying a plate with someone is fun
• Every recipe tastes great
• They can be simple or complex, but they all have the same initial ingredient
• What the Heck do they have to do with economic development?!?!
It’s Pronounced Doo-Miss!
Dumas, Texas
Last Project = Beef Processor in 1980’s
DEDC est. 1999
Some Successes
Became Stagnant
Disappointment
2008 = Me; Tasked with Doing it Differently
I live up there under the star.
Time To Do Inventory
• Industries
• Strengths
• Problems or Potential Problems
• Deficiencies
• People
• Continual Process
Building the Framework For Success
• What do we do and make?
• What do we have?
• What trends/events may affect us?
• What problems do we have?
• Who do we target?
• What’s missing?
• Who can help?
• What works & what doesn’t work?
What Do We Do & Make?
Energy
Agriculture
Keep Looking Around!
What Do We Have?
Amenities
Assets
What Qualifies as Quality of Life?
• Will it increase the economic base?
• Is it necessary?
• Is their a REAL return on investment?
• Does it attract new businesses?
What Trends Will Affect Us?
• Economy
• Contract Jobs
• Industry Changes
• California
• Emerging Technologies
Dumas Wind Opportunities
• Wind Farms
• Electrical Transmission
• Center of High Activity
What Is Occurring Globally?
• Advances in food health
• California economy
• Who is developing new products?
• So much to know!
What Problems?
• Negative Speak
• Majoring in the Minors
• Fragile Feelings
• Fear
• Indecision
• Apathy
• Competition
Do Your Local Officials See IT?
Who To Target?
• What Fits?
• What Works?
• What is Within Reach?
• What Do We Need?
• What Do We Want?
Our Industry Targets
Aviation Distribution Energy Retail AgricultureGreen
Technology
What’s Missing?
• The Right People?
• Public Perception?
• Outreach?
• Marketing?
• Organization?
• Investment?
• Knowledge?
Investment in Local Assets
South 287 Utility Infrastructure
Dumas Business Park
Dumas Enterprise Center
AC- MCC Wind & Renewable Energy
Training
Airport Business Park
BNSF/TXNW Rail Access Agreement
Who Can Help?
• Industry Specific Locals
• Organizations
• Industry Leaders
• Local Leaders
• Colleagues
• Prospects
• Organizations
Our Partners
What Works For You?
• Trade Shows?
• Conferences?
• Web Based?
• Social Networking?
• Advertisements?
• Cold Calls?
• Waiting for Phone to Ring?
Booth Display: $5600
Travel: $1800
Marketing Ploys: $900
$1.3 million investment & 65 new jobs? Priceless
My Basic Tenets for Success• Although YOU know you’re
in it up to your chin, keep your mouth shut and walk tall!
• Never underestimate the power of stupid people in large groups.
• The main thing is keeping the main thing the main thing.
• If opportunity doesn’t knock, build a door.
• Agree to respect each other’s views, no matter how wrong yours might be.
• Always keep the folks who hate you away from the folks who are undecided.
What Works For Us?
• It’s Not Business, It’s Just Personal
• Keep it Positive
• Play the Field
• Don’t Neglect Your Family
• Keep Doing More
• Promotion
• Know the Impact
It’s Not Business…
• Can Never Have Enough Friends
• Treat Everyone as Though They Have Another Deal to Bring You
• Make it Personal
• Never Eat Alone!
• Great Things Happen Around the Table
Keep It Positive
• Prepare for Success
• Eliminate Growth Killers
• Take Chances
• Plug Your Town
• Celebrate Everything
Play the Field• Ask 10 people for a date; one will agree
• It’s easier to ask someone you know out
• A mutual friend is a great place to start
• Having things in common makes it easier
• Look and act interested in them rather than yourself
• Sometimes the best catch is the quiet one
• They don’t know you are looking until you tell them
• They don’t think they are as good as you see them
• Some are good from far, but far from good
• You need to know what you want and target their hang outs
• Clean yourself up; they can sense lack of pride
• Don’t show too much on the first date
Don’t Neglect Your Family
• Show Your Businesses You Care; Someone Else Will Make Them Feel Desired!
• Organic Growth Works; BG&D
• Grow What You Know
• Look At Your Community With Visitor Eyes
• Help Local Businesses Succeed; Lead Generation
Dumas Business Growth & Development (BG&D)
• Applied more focus on our existing business
• Created networking events
• Business Facilitator
• Start-up assistance
• Small grant awards
Always Do More
• There are ways around a one drink limit!
• Stay a Step Ahead
• What Do Others Have?
• Find Out Where the Leads Hang Out
• It Doesn’t Have to Cost Money
Promotion
• Get your name out there
• Stay on top of your websites
• Promote yourself locally
• Get branded
Know The Impact
• Create an Impact Analysis
• Use it to prove it!
• The numbers don’t lie
• Has to be personalized
• Show it off to prevent apathy
Does Any Of It Really Work?
Nachos Anymore!
• Anemometry Specialists…Over a Steak
• Wells Industrial Paint Services…Over a Plate of Nachos
• Each of them delivered a new firm
900 Days In Dumas
900 Days in Dumas
Education
• AC-MCC Wind/Renewable Energy Program
• New Intermediate School
• New Football Field
Infrastructure
• US 87 Overpass
• US 287 Utilities
• Airport Improvements
Amenities
• New Dumas Aquatic Park
• New Festival Booths
• New Housing
Holiday Inn Express
Hampton Inn & Suites
La Quinta Cato Fashions
Dollar Tree CVS Pharmacy
Big R 287 Roadhouse
Retail
Recruitment
Anemometry Specialists
Wells Paint Service
Access CareSierra Engineering
Twisted Fabrications
Written Pole Motors
Start-Ups
Audio TrixxHigh Plains Management
580 RestaurantCarter Family Practice
Expansions
Continental Carbon
JBS
Sierra Process Systems
Faria Dairies
Valero
The Next 900 Days
Business Park Improvements
Green Tech Center
Business Success Center
Wind Training Tower
Business Aviation Park
Business Spec Hangar
Wind Energy Rail Yard
Current Active Projects• Project Logic- Solar Manufacturer• Project Milk- Dairy Distribution• Project Popcorn- Family Entertainment Center• Project Care- Occupational Medicine• Project Seniors- Assisted Living• Project Steam- Industrial Expansion• Project Tool- Tool & Dye• Project Crane- Wind Energy Service• Project Safety- Wind Energy Service• Project Carrier- Beef Distribution• Project Turbine- Small Wind Manufacturer• Project Gear- Wind Energy Service• Project Dinner- Retail Restaurant• Project Shopper- Retail Discount Store• Project Big Stuff- Wind Energy Parts Manufacturer• Project Omega- Food Industry
So What?
• Get prepared…
• seek ‘em out…
• work ‘em all…
• get to know them, AND…
• Hang out w/ them over a plate of nachos!
This is my plug.
(Call me!)