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Category: Innovation

Keeping Local Dollars Local with Donna Novitsky

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Brandon Burton 0:00
This is the Chamber Chat Podcast, the show dedicated to chamber professionals to spark ideas and to get actionable tips and strategies to better serve your members and community.

Hello, Chamber Champions. Welcome to Chamber Chat Podcast. I’m your hosts Brandon Burton. And it’s my goal here on the podcast to introduce you to people and ideas to better help you serve your Chamber members and your community. You’re joining us for a special episode as part of our 2023 ACCE Chamber the Year Finalist Series.

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Becki Womble 1:03
I’ve been using Community Matters for probably six or seven years now. And in a previous life, I sold commercial printing so I can highly recommend Community Matters because it’s a complete turnkey job for any busy chamber exec and it’s a wonderful, beautiful printed product whenever you’re finished. And I just I’m very sold on Community Matters. And with a printing background I just big endorsement from me.

Brandon Burton 1:44
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Our guest for this episode is Donovan ski Donna is the co founder of Yiftee Donna has combined her interests in local community building and her interests in high tech to co found nifty to bring profitable business to local shops and restaurants. Yiftee has grown to more than 500 communities now 15,500 merchants and helped to keep $45 million local to help small businesses just the last three years. Prior to giftee. Donna has led several startup companies and worked with top tier venture capital firm. She teaches entrepreneurship at Stanford University and frequently speaks on topics related to entrepreneurship and women in business. Donna holds a BS and industrial engineering with distinction from Stanford University and a Harvard MBA. And Donna, I’m excited to have you with us today on chamber chat podcast, I’d love for you to take a moment to say hello to all the chamber champions that are out there listening and to share something interesting about yourself so we can all get to know you a little better.

Donna Novitsky 3:05
Thanks, Brandon. And hello chamber champions. It is such a pleasure to be here. I’ve really enjoyed meeting many of you at the ACCE show and on zoom over the year, last few years. But let’s see something interesting about me. Well, I guess depending on how you count them, as As Brandon mentioned, I’ve been in tech. So Yiftee is my third or my 19th. Startup. out right. So I guess you could say I’m an entrepreneur at heart. My dad taught me that word when I was 12. And it kind of stuck. So I love starting new things and helping others do so too. So I end up doing a lot of coaching and mentoring of young people, which is super fun, because they’re always challenging me to learn new things.

Brandon Burton 3:58
Right now that is that is interesting. I like getting these little facts about people. And I’m sure we could dig in deeper on on how you count those businesses that you’re part of starting. Well, before we dive into our topic for today, why don’t you take a few minutes and just tell us a little bit about Yiftee what Yiftee is kind of the purpose the vision with it. And then we can dive in a little bit deeper on on how it all works.

Donna Novitsky 4:24
Okay, great. So we launched Yiftee over 10 years ago, and for the first five or six years, the business went through the typical startup rollercoaster. In 2018. We did the first what we now call community cards. And I’ll talk a little bit more about that in a minute. But then the pandemic hit in 2020. And many chambers were worried about losing all their small businesses and they were looking for ways to help their members and we happen to have a solution for that. So calm cards as We call them took off. And as bright as Brandon mentioned, were in more than 500 communities and 15,000 local businesses. So I guess you could say we got here with hard work, a lot of stubbornness and even more luck, because who would have predicted a pandemic? We’re a small team. We are 100% remote and our headquarters in the Bay Area. And we have teammates in California, Michigan, Ohio, South Carolina, Florida and Puerto Rico. So we’re all over the place just like you guys.

Brandon Burton 5:35
Awesome. Now that definitely gives a good introduction to what Yiftee is, and I’m excited to get in a little deeper on it as we settled on our topic for this discussion. Today we are going to talk about keeping local dollars local. And as I mentioned in your bio, you guys have helped keep over $45 million local for small businesses and communities across the country. So I’m excited to dive in deeper on this learn how the program works and help tell chambers how they can help keep dollars local in their community as soon as they get back from this quick break.

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Raquel Borges 8:28
What if you could keep holiday shopping local this year? Launch a community card with Yiftee. And you can. Hi, I’m Raquel from Yiftee. Yiftee works with over 500 chambers, main streets, cities and downtown associations providing custom branded electronic gift cards that can only be redeemed at your local businesses. This program is free for you and your participating businesses. And if you sign up now, you’ll watch your local businesses thrive this holiday season. Email sales@yiftee.com to learn more, that’s sales@yiftee.com.

Brandon Burton 9:08
All right, Donna, we’re back. So tell us what with Yiftee How does it work? You’d mentioned these comm cards. So what is a comm card and how does it work and how does it lead to keeping dollars local?

Donna Novitsky 9:23
Okay, a comm card or community card. It’s a digital gift card and it is branded for a city town or neighborhood and can be redeemed exclusively at the local shops and restaurants in that area. So shout out to Spartanburg South Carolina chamber who was our very first chamber customer back in 2018. Followed by Lake Zurich, Illinois, Niles, Illinois and DeWitt, Iowa. If you’re out there thank you guys. Chambers often make the program a member benefit because they Control specifically which merchants can participate in it. It’s kind of like next generation chamber checks. But we do all the sales, customer service technology and financial management. And our chamber partner in each community promotes the program and recruits the merchants. So it’s a real partnership with the chambers.

Brandon Burton 10:23
So what does the recruitment look like as the chamber goes out to recruit businesses to participate in it? Is their marketing material that’s provided as their scripts is their coaching that goes along with it? What does that look like?

Donna Novitsky 10:36
Oh, that stuff. So in terms of getting the program up and running, we all they have to, there’s no cost. First of all, for the program, the chambers don’t have to pay anything. And the merchants don’t have to pay anything to participate. And it’s backed by MasterCard. So any merchant that takes MasterCard can participate in the program, and there’s no special equipment or integration with their POs that they need. So all they have to do is sign the agreement. And then we’ll have their portal set up within 24 hours. And we start sending lots of materials, there’s a four week launch program with lots of materials. So we’ll give you the copy to recruit an email to send an email message out to your members to invite them to the program. And then when you’re ready, we send what we call an activation card to the merchants, which is a 10 cent prepaid MasterCard, they process that they get the dime. And that registers their POS with us. And that’s how we limit the cards to be used exclusively at your members businesses. So we’re providing a lot of information along the way. Honest, to be honest, the long pole in the tent in terms of getting the program running is, is recruiting the merchants because they are just super busy. And you got to get their attention. So

Brandon Burton 12:05
Right. So in your experience over the years of launching these community card programs, is there an ideal time of year? Or does it depend on the community? Or how did how do you see the most successful timing maybe as far as rolling out a community card?

Donna Novitsky 12:22
Well, as you guys might know, gift cards are the number one requested holiday gift. So that means that your merchants are probably paying more attention to gift card programs at the holidays. So the ideal time to launch it takes about four weeks to launch in general, you can do it faster, but would be probably around September, October, because that’s when your merchants are starting to think about gift card programs. And you’ll it’ll be easier to get their attention. So we do six months worth of business in the month of December. So Oh, wow. By far the high point of the year for for the gift card business.

Brandon Burton 13:15
Yeah. So can you talk to us a little bit more about the digital gift, gift card aspect of it. So it’s a digital gift card in nature. So how does that work? Does it go on their phone? How do they do the transactions? How do they make the purchase? How does that? How’s that all of that structured?

Donna Novitsky 13:32
Right, so this is an all digital program. That’s how we can do it without any cost to the chambers or the merchants. So there’s no little plastic cards. The way that it works is people you’ll have a website where that we host for you, but it’s branded for your community, so you don’t even see it on that website. It’s all about your local community. And people you put a link on your chamber page, a button that says buy our community gift card, and go there to buy the gift card. And it’s just a really simple process that they go through to buy that card online. They can either send it to whoever they want to send it to through email, or they can print them out. So if they want it put it in somebody’s holiday stocking, they just print it out and put it in the in their holiday stocking. Then the recipient will get that either on a piece of paper or through email. And they take it into the shop. When it’s by eat if it’s on paper, they can also save it to their phone with a QR code. And they take it into the shop or the restaurant and show their phone to the say one of your merchants who is participating in the program. They will process that MasterCard, it’s a MasterCard so that merchants gonna process it like a like a phone order. So they would enter that the code from the MasterCard, MasterCard immediately validates that transaction And they know they’re gonna get paid in their normal nightly settlement with all the other credit card transactions from that day. And then the balance on the phone will change. So if you had a $25 card and you bought a cup of coffee, now your phone’s gonna say you have a gift card for $21. And I could go next door to the next shop and get my nails done or buy something in a boutique. So it’s multi use card, just like a MasterCard gift card, but it only works at your members stores.

Brandon Burton 15:31
Yeah. So I see, you know, similarly, I’ve got kids in high school, and every year that football team does their little, they do a fundraiser where they’re selling coupons to local businesses, and, and this year, they went digital with it. So it’s on your phone, you got to go show, if you go to the restaurant, it’s not nearly as high tech, you’re literally showing them the screen. And then they go manually enter it and it’s done. But I see this as being much more valuable in the fact of you have $1 amount that’s fixed with this gift card with this community gift card. And then you have your list of vendors that you can go spend it on whatever you want with any of these vendors, right, like you’re not limited to redeeming, you know, $5 off after a $25 purchase or anything like that. It’s not a confined it’s an actual cash on a card,

Donna Novitsky 16:23
right to build just like any other gift card, but it works at multiple different stores. And you know, until the money runs out on the card.

Brandon Burton 16:31
And then is all the list of vendors is that just kept up to date on the website, or is that within? How do the users of the gift card keep up to date on who’s participating? Yeah, we

Donna Novitsky 16:43
maintain that. So if a merchant if a new merchant joins your chamber and they and you want to add them to the program, they will automatically show up on the website once they run their activation card. And the all the people with cards out there in your community can just click on the card itself, scroll down and see all the participating merchants so it’s automatically updated.

Brandon Burton 17:07
Okay, so as a chamber rolls out a community card program, who are the typical people who are buying the gift cards and why?

Donna Novitsky 17:18
Well, that actually we had some surprises on that. So of course, when you think gift cards, do you think consumers so there’s a healthy chunk of consumer business of the people who buy cards, but also where a lot of our business comes from is bulk purchases. So again, if you have chamber checks, you know you sell a lot at the holidays from local businesses who buy them for their employees so they can keep their money in the community. Well, that has happened in spades with this program so schools will buy them for all the teachers in the school. Kent State University bought 10s of 1000s of dollars for their faculty of the Kent Ohio card. We’ve had Spartanburg had their local hospital buy cards. Frankfort, Kentucky and Riverdale Park Maryland have government programs for low income families where the government funds cards for these families and all the money stays in the community. Realtors and developers in Mountain View California give them as welcome gifts to new tenants and homebuyers. A nonprofit in Bullock, Arizona buys them for their volunteers, employers in Detroit and lots of other cities buy them for employee reward programs. And of course, there are huge corporate orders or holiday gifts. So that was we didn’t understand when we started this company that things you learned that about a third of the 180 $9 billion US gift card market is corporate purchases. Before this program, all that money was going to the big box stores and E commerce like Amazon and Starbucks, right? So now those organizations have a way to keep their dollars in the community. And that has been a great opportunity for us

Brandon Burton 19:23
that really turn the light on in my head going through that explanation because especially at the holiday time, a lot of these major employers, a lot of them are going to be big supporters of the chamber financially, you know, maybe some of the major investors, but they also have a lot of employees in the community. And around the holiday time it’s a normal thing to see whether it’s bonuses or some kind of a gift or maybe they give you know Amazon gift cards or Starbucks gift cards like you’re saying and if they can make that shift and say here’s a community gift card that you can use it any one of these men ders, that’s listed in the community. And instead of sending all of this, you know, purchasing power to Amazon, let’s keep it in our community and have it keep turning over, you know, time and time again. That’s very powerful. So I’m curious it with an individual chamber running their community card program, are they able to keep track? Or is there like a running total of how much money they’re keeping in their community?

Donna Novitsky 20:26
Yeah, there is. So we give them they can run reports anytime they want. As I mentioned earlier, they have a portal and you can log into your portal and run a report and see everybody that has purchased cards, and their how much the dollar value of the card and how much remains on the balance of that card. And they actually have marketing rights to that information. So if you have a chamber newsletter, you could add them to your newsletter or something, you know, contribute to building your community. But my favorite report is the gifts redeemed report. Because in that report, you can see every single transaction that was spent at each merchant in the program, so I could see that $4.27 was spent for a cup of coffee at the local coffee shop, I could see that someone went to a boutique and spent $92. So I can’t we don’t tell you who had the coffee or went to the boutique, that’s a privacy issue. So we don’t share that information. But for your members, you have reports of exactly how much business you have walked into the door in their stores. So yeah, program, you can really show the value added.

Brandon Burton 21:42
Yeah. And there’s really there’s no cost or no downfall really for business to participate to if you’re that local coffee shop or retailer. There’s, there’s no downside to it, it just gets access to more people coming in and to be able to get a report from the chamber saying we’d sent X number of dollars to your business over the last year, whatever the timeframe is, that can be pretty powerful, and and create that stickiness factor with your members with your with your chamber. Yeah, so I can imagine, you know, over the 500 communities that you’re working with, and over the years, that there’s probably been some pitfalls in rolling out a program. What are what are some of these things that you see that maybe get overlooked? Or maybe assume maybe something’s too easy? What are some of these pitfalls rolling out? The community card program?

Donna Novitsky 22:38
Yeah, life happens, right? Go. So honestly, the hardest thing about the program where the snags can happen is on the merchant recruiting side, you know, you think it makes so much sense, because it’s all upside for them, it doesn’t cost him anything, and we’re going to drive business in the door, but they are busy. And this is something new, and it needs to be explained. So sometimes that takes more time than the chamber anticipated. And it just doesn’t happen. Or it doesn’t happen as quickly as they wanted. So that’s one thing to be prepared for. And we’re always upfront about that. The cool thing is, as we and then I guess I would say the other thing is, you guys in chambers wear so many different hats, right? So the program will get launched. But then you’re off to planning, you know, the labor day parade or the Halloween festival or whatever is happening next, because there’s never a dull moment in the chamber. So the focus on marketing the program locally in the community wanes, and then the community forgets about it. So what we’re doing is, since we’ve been able to grow, I’m beginning to have started hiring some people on the 50 end, to help out our chamber partners and help them recruit some of those bulk purchasers or do some local marketing for them, or even help recruit those merchants. So as we grow, we will continue to be able to put more resources into ongoing sales of the cards and training and recruiting of merchants.

Brandon Burton 24:16
Yeah. So the thought just came to me as I say, for example, a chamber says we want to do a community card program. What is the onboarding process? Like? Do you try to get a certain number of vendors on board with it? So there’s some value as you start selling the cards or where’s that balance where that trade off is like Okay, now it’s time to turn this on and start selling the cards.

Donna Novitsky 24:39
Yeah, it’s a chicken and egg thing, isn’t it? Right? You need merchants you need card buyers. So we always say for the merchants. The best way to recruit is every community has two or three trendsetter merchants, you know the ones who are out there ahead of the pack and the other merchants really respect them generally So you start with those guys. And then they can help you recruit the next wave, we’d like to say we’d like to see around 15 to 20 merchants on the program at launch. And that’s plenty. And then it just grows from there. So they can get added in over time as as they figure out what’s going on in want to jump on board.

Brandon Burton 25:21
So that definitely makes sense. And there are those trendsetters and those individuals in the community that have some influence that that can bring others along with them. So great strategy. As we start to wrap things up here, I wanted to ask, I’d like asking if there’s any tip or an action item you might have for chambers who are listening, who want to take their chamber up to the next level, what what piece of advice might you have to offer?

Becki Womble 25:50
Let’s see. Well, there’s

Donna Novitsky 25:53
one more aspect to the program that I wanted to make sure and cover, which is which was also I mentioned at the beginning that we got here through a lot of luck. This is another part of the luck piece. So since 2021, when the US federal government issued $350 billion to the cities all across the country, 19,000 cities, and in the American rescue plan act, some of that money is still floating around out there. It doesn’t have to be spent until it doesn’t have to be allocated until 2024, or spent until 2026. And a lot of those dollars have found their way to this program. As a bonus program. So for instance, buy $100 card, get a free $50 card. And that is a win all the way around. Because to the merchants, they’re going to see it’s going to triple the grant money, right? To the consumer, they’re getting free money. And also to the merchants, it’s driving foot traffic into their stores, which is what they really need long term is the community shopping there and developing those new shopping habits. So I just want to throw that out there. Because I probably should have mentioned it when you asked about who buys the cards, because that has driven a lot of purchases lately.

Brandon Burton 27:22
Yeah. We also want to circle back to that.

Donna Novitsky 27:25
Yeah, we also have seen some programs sponsored by banks or realtors will sponsor bonus programs. So while it while that’s still that money is still available, it might be worth speaking with your City Office of Economic Development to see what might still be out there on allocated.

Unknown Speaker 27:48
That’s good. Yeah.

Donna Novitsky 27:50
So back to your other question of what to think about now? Well, you know, of course, I would love to, we’d love to chat with you and see if this kind of a program would be a good fit for your community. So that would be the next step, I guess.

Brandon Burton 28:05
Yeah. Well, and as many of you know, EFT is one of the sponsors of chamber chat podcast and the shows only here because of the sponsors that keep it going. So love for you to reach out and check out EFT and see if it’s a good fit for your community. But Donna, I like asking everyone I have on the show, as we look to the future of chambers of commerce, how do you see the future of chambers and their purpose going forward?

Donna Novitsky 28:34
So like, as I mentioned, we attend various chamber events like the ACCE and some of the regional ones. And it’s clear to us that chambers are really community builders. They bring residents, merchants, employers and city government together for the betterment of the community from a business point of view. And this program is something that we think is that is truly actionable and provides measurable results to the Chamber’s members, both for the employers who purchased the cards and the merchants who redeemed them. So I just see chambers can continuing to do what they do, which is, you know, build their communities from a business point of view. And hopefully, we can be a tool that helps them do that.

Brandon Burton 29:25
Awesome. So why don’t you share with everyone how they can reach out and connect. If you have any other questions about how the community card programs work, and how to get in contact with your team and get things started in their community. What would be the good next step or where would you point them to?

Donna Novitsky 29:42
Sure Yiftee.com and you can sign up there for a demo. We do them three days a week. And usually there’ll be a couple other chambers or sometimes main streets or downtown’s on the demo, which is super fun. It’s like little zoom party we have. And everyone gets to hear each other’s questions. And I love the collaborative nature of this community of chambers. It’s such a joy to work with people. And from there, you’ll get plugged into me or probably you’ll meet Raquel or Tyson on my team. And they’ll be doing a live demo. So you can ask all your questions. And we go from there. We’re happy also to do webinars or demos for your board of directors or whatever helps you.

Brandon Burton 30:33
Yeah. So another question I thought of Do you ever see a chamber and a Downtown Association, Merton to come together in a program like this to really leverage the the impact they both have all the time? Awesome, good deal? Well, I’d encourage everybody to reach out and and check out the demos they offer the FDA offers and just you know, explore it, see if this is a way that you can help keep local dollars local in your community and make a bigger impact as you and your chamber continue to build your community. Donna, I appreciate you coming on with us and spending time with us today on chamber chat podcast and, and I hope a lot of people take you up on the offer to check out what you guys have to offer in their communities.

Donna Novitsky 31:22
Thank you so much. And thanks to all the Chamber Champions out there for what you do. It’s amazing.

Brandon Burton 31:27
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Orlando Economic Partnership-2023 Chamber of the Year Finalist with Tim Giuliani

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Brandon Burton 0:00
This is the Chamber Chat Podcast, the show dedicated to chamber professionals to spark ideas and to get actionable tips and strategies to better serve your members and community.

Hello, Chamber Champions. Welcome to Chamber Chat Podcast. I’m your hosts Brandon Burton. And it’s my goal here on the podcast to introduce you to people and ideas to better help you serve your Chamber members and your community. You’re joining us for a special episode as part of our 2023 ACCE Chamber the Year Finalist Series.

Our title sponsor is Community Matters, Inc. With nearly 20 years in the chamber industry and over 100 media awards presented to their chamber partners, community matters provides the R&R that every chamber needs, revenue and recognition.

When it comes to publishing a Chamber Map directory or Community Guide, Community Matters has a trusted experience to help your chamber accomplish your goals. With different advertising sales models and publication styles, Community Matters will help you create a non-dues revenue machine!

Let’s hear from Becky Womble, President of the Bastrop Chamber to hear about her experience with Community Matters.

Becki Womble 1:03
I’ve been using Community Matters for probably six or seven years now. And in a previous life, I sold commercial printing so I can highly recommend Community Matters because it’s a complete turnkey job for any busy chamber exec and it’s a wonderful, beautiful printed product whenever you’re finished. And I just I’m very sold on Community Matters. And with a printing background I just big endorsement from me.

Brandon Burton 1:44
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Learn how you can partner with Community Matters, Inc. to produce your next Chamber Directory, Community Guide or Map.

Our guest for this episode is Tim Giuliani. Tim is advancing the pace of change and altering the perceptions of a place best known for tourism by reconceptualizing. The Orlando region’s economic future as the President and CEO of the Orlando Economic Partnership, Tim is leading the multi year pursuit to create a new model for economic and community development that changes the status quo and establishes a new path forward towards broad based prosperity for all. Before joining the partnership, Tim was the president and CEO at the Greater Raleigh Chamber of Commerce. He also led the Gainesville Area Chamber of Commerce and Council for Economic outreach. He lives in Orlando with his wife and three children. It Tim, we’re excited to have you with us today on chamber tap podcast. First of all, congratulations to you and your team for being selected as chamber the year finalist. I’d love to give you an opportunity to say hello to all the Chamber Champions and share something interesting about yourself so we can all get to know you a little better.

Tim Giuliani 3:06
Sure, appreciate you having me on. Certainly appreciate the recognition from ACCE for our organization. And as far as something interesting to start with, I guess, in the ways we use our free time, if you want to call it that. I coach a softball team, a travel softball team made up of 11 11 year old girls, and that’s a nice fun activity and development activity I get to do, you know, a few times a week.

Brandon Burton 3:43
Yeah, so any free time you might have had is the slug dried up with that. I know how those travel teams go. Yeah, it can be all inclusive, for sure. Yeah,

Tim Giuliani 3:51
these girls are serious. And I think I learned a lot growing up about leadership through baseball. And I think it’s a wonderful way to learn a lot about drive and determination and consistency. coachability teamwork, all of the things that are required in the workplace are things that you can learn on the softball field.

Brandon Burton 4:10
Yeah, absolutely. I love that. Well, why don’t you tell us a little bit more about the Orlando economic partnership just to give us a maybe a better idea of the type of chamber you are the size staff Scope of Work budget, that sort of thing to kind of set the stage for our discussion today.

Tim Giuliani 4:27
Yeah, our organization is only about seven years old. It was the result of a merger between the EDC of Metro Orlando and the Central Florida partnership which included the Orlando Chamber of Commerce. So we’re, we’re essentially a consolidated if you will, you know, economic development and Regional Chamber. We were given kind of white canvas as to what sort of chambers need to be doing in the 21st century without so much attachment to the to the legacy ways of do Doing business. And so we’re loving million dollar organization, we have a staff of about 45. And we’re just, you know, all focused on advancing broad based prosperity in Central Florida.

Brandon Burton 5:14
I love it. I love the name to Orlando economic partnership. So it’s not just focused on economic development, but it’s really is the partnership with the businesses. And in general, AMC can adopt set convener ability of chambers of commerce by encapsulating

Tim Giuliani 5:28
focuses on it focuses on that we don’t offer a lot of things that I’ve done earlier in my career as it relates to networking, or, or marketing and advertising. It’s much more, you know, a smaller group of companies that are interested in making change and improving the economy here. And they choose to do that by partnering with us.

Brandon Burton 5:50
Right? That’s great. So the way that we like to structure these chamber the year interviews is, I’d like to have you tell us what the two programs are that you guys submitted on your chamber, that your application just at a high level, and then we’ll circle back and dive into each of them in much more detail.

Tim Giuliani 6:10
Here, the first project is that we created the first of its kind, regional, digital twin. And so you have several 100 square miles of Central Florida. And when we host companies, or market executives or executives from, you know, corporate that’s looking at expansion, or asset allocation within central Florida, we’re able, instead of having to worry about driving them around all of Central Florida, you know, from the Space Coast, to UCF, to the airport, to our summer to conduct our cluster, etc. You know, we’re able to immerse them in a in a digital twin of our entire region. And then we overlay, like 80 data sources on top of that. So almost any question that anyone has, can be answered in a very engaging way with a digital twin that was largely made in Orlando. So it is an authentic representation of our tech community, which something that we have in spades. However, that’s not part of the brand that people know Orlando for, in most cases. So it allows us to put that technology forward, and then use it in very practical ways.

Brandon Burton 7:23
So yeah, I want to learn a lot more about that. I’ve got a lot of questions for you on it. But what’s the other program you guys submitted on your application?

Tim Giuliani 7:31
Yeah, the other program is part of part of an ongoing 10 year effort to build a semiconductor cluster here in Central Florida. There’s only about 17 states that really have semiconductor activity. You know, now, it’s a lot more popular than it was six, seven years ago, when we were in the throes of moving the ball forward. But in this in this last year, we were successful at attracting a $50 million federal grant that’s locally matched. So it’s a total of $75 million investment in all things to build that industry cluster here. So it’s a big shot in the arm a big step forward. And so we focused on the benefits and the work that we put into attracting and winning that federal grant out of there was like 570 Something applications nationwide, we won the only award in Florida. So that’s pretty remarkable. That speaks

Brandon Burton 8:34
volumes for sure. So I’m excited to dive into both of these programs in much more detail right after this quick break.

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Donna Novitsky 11:01
Hey everybody, Donna from Yiftee here today, just like Brandon, we’re bringing you a guest speaker. First up is Gina from Durham, North Carolina. We’ve sold more than 3300 community cards in Durham, that are being spent at 51 different merchants. There’s something for everyone.

Gina Rozier 11:19
I’m Gina Rozier, Director of Marketing, Communication and Peacekeeping for Downtown Durham Incorporated. And I’m a very happy Yiftee customer.  We’re the Bull City, and we created our spendable community card with Yiftee years ago. Our participating businesses love it and we had our best ever sales figures last year. Yiftee is great to work with. They help with marketing the program and it is truly turnkey for us in our businesses. Choosing Yiftee has been a great decision for downtown Durham.

Donna Novitsky 11:48
Thanks, Gina. Wondering how you can have your own community card for free. Check out yiftee.com for next steps. Now back to the show.

Brandon Burton 12:00
All right, Tim, we’re back. So let’s let’s circle back and tell us more about this digital twin, I want to figure out how you guys did this. What sort of platform are you using? Is this? You know, to use it on your phone? Do you need a headset? Like how does this work?

Tim Giuliani 12:17
Yeah, it’s pretty amazing, it’d be easier if you were an older listeners, we’re just kind of sitting in the same room in front of our display. But essentially, what we’ve created is a digital reconstruction of the region. And so you’ve, you’ve seen something similar on Google Maps to give you a frame of reference, okay. However, the magic is really, in bringing that to life in more three dimensional ways. And also overlaying all of the data. On top of sort of that that terrain or that map, we partnered with Unity Technologies and unity. You know, if there’s any 10 to 13 year olds listening, they’ve just got excited because they know unity, because they play their games all the time. And unity is a gaming platform. So essentially, we created a video game of Orlando. And it allows, you know, the use of a tablet, and standing in front of a full 180 degree LED wall, LEDs coming out of the floor into translucent panels. So you get a three dimensional perspective, you’re able to tour the entire region, dive into it, go down to more street level, and then see all the data on top of it. Whether you’re wondering about home prices, you’re wondering about income, educational attainment levels, prices and availability of commercial real estate buildings, classes of commercial real estate buildings, almost anything that you can look up in an Excel spreadsheet we have for our audiences live. And so currently, we’re we’ve executed phase one, which means it’s available in our office in our Marketing Center. It’s also available on a headset. So you put on an Oculus, and you get to enter the digital twin. It’s made on a platform that’s viewable almost anywhere. So tablet computer, Oculus, the Apple vision pro unities development, you know is the platform you can develop for that new product. So as essentially, as we get into phase two, and it comes off essentially our servers and goes into the cloud, it’ll then be accessible from anywhere.

Brandon Burton 14:35
Wow. That’s a that answers my next question. I was gonna ask if there’s a link that we can share in this episode where people can check it out and see what it looks like. That sounds like that’s part of Phase Two as I think

Tim Giuliani 14:48
but we put together a site orlando.org/digitaltwin, where you can really understand the capabilities and what it looks like and how we use it. You So there’s, it’s surprisingly, I mean, it’s got a lot of press, it’s very leading edge, we partnered with unity. Obviously, this is very applicable across the country across the world as cities, think about, you know, all the sensors that are out there all the data that’s out there. How do you visualize that and use that in in ways that help your current business and this for us really check that box.

Brandon Burton 15:27
So you had mentioned, basically anything you can find on the spreadsheet you can find on this digital twin as you kind of explore and dive in a little deeper throughout the whole platform. I imagine a lot of that is plugins on the back end. So as data is inputted and it gets updated live within the platform, I would assume. What about other updates along the way, when there’s new businesses or new development? How does that get implemented into the platform?

Tim Giuliani 15:56
Yeah, so the interesting thing about this project was it, you know, as we talked about it, as we were seeking to enable, you know, over the last six years, we built up reserves, and we ran, sort of net positive on our revenue. And so we had to make an investment. And we had to convince our, our board our finance committee, this was a smart investment for us to make. And so the challenge, though, was describing something that doesn’t exist, right. And so what we realized, you know, there’s gonna, there’s almost unlimited use cases for our members, community leaders to you to utilize this technology. But it was so hard for them to conceptualize without seeing it. So we move forward with phase one. And essentially, now you can see it, understand it, see its capabilities, understand how it can work for your business. And now we’re at a phase, where we’re talking to all sorts of partners, from transportation agencies, to utilities to developers, about taking this digital twin to the next level. So it’s really, you got to see it to really appreciate what it can do.

Brandon Burton 17:07
Yeah. Just my background has been in chamber publishing. So like, one of the things that we would do was maps, right for cities. So this kind of strikes a chord with me, because we would do digital versions of the maps. And there’s different plugins, like you’re saying, like, as it evolves, you can go to transportation kind of plugins, and you can see, you know, kind of live traffic updates and things like that, which is, it’s super intriguing to me. And I’m sure it’ll continue to evolve, too. But I can see this as a great tool as far as attracting, you know, economic development and showing available space and just that tour of the city. Do you? I don’t know exactly how to ask this question. I know some things you can definitely portray in that digital format. Some things you just have to be there. Right. So what percentage maybe do you think covers the check those boxes? As far as? Yeah, maybe you don’t need to be here in person or it gets a person so far, to where they say, yeah, now we need to plan a trip to come to Orlando and actually be there and see things in person? Or do they need to? I don’t know.

Tim Giuliani 18:18
Yeah, no, it’s changing, right. We landed a lot of projects during COVID, where they made like one quick visit. Yeah. So I think I think that’s changed a little bit. There’s two real answers I can give you. One is when we put it in the headset, and we’re in New York, and we’re talking to executives or site selection consultants, they could put on the headphones, the headset without ever visiting Orlando, and they could really get an immersive perspective on available sites and buildings, and their their relative connectedness to the rest of the community and what we have to offer so yeah, so that’s an example where someone doesn’t have to visit, they can get an initial look. And it’s much better than a brochure. Right, right. Second case is so pretend you’re visiting Orlando, and you’ve got, say, 24 to 36 hours here, which is typical. You know, we’re able to give them a great geographic orientation, because one thing I can assure you is that most people listening this podcast that don’t live in Florida, I really view it as a blob with Miami at the southern tip. And what we’re able to do is geographically orient people to the connectivity because, you know, Central Florida is really founded on its connectivity, not only from Disney’s perspective as sort of the crossroads of Florida, but over to the Space Coast, and our our particular longitude, latitude, and its ability to get to space. So we’ve benefited from that. So that continues to drive decisions and we want to show that connectivity which we can do, and then we can show them the have the sort of communities and areas which they’re considering. And then we get in the car and we can go to, you know, two or three places. So it just creates an opportunity to give someone a much better picture of Central Florida without putting them in the car and boring them with hours and hours of driving around to see things, we can just do that in our marketing center.

Brandon Burton 20:24
So when you say you get in the car in this virtual sense, what does that look like? I imagine you can just really shortcut a lot of the traffic and the distance and everything and say, Okay, now you go, here we head south. And here’s this place.

Tim Giuliani 20:37
Yeah, it’s just a flyover. And it’s really, you know, if we were standing in the studio, I’d be holding a tablet. And you’d be standing, you know, 1015 feet away from the monitors. And, and we would be pinching and zooming just like you do on your phone. Right? When you look at a map, and we’ll be showing you and, you know, taking you to UCF and showing you the second largest university in America, and then sort of driving along i Four into downtown Orlando and giving you that perspective. So then when we get out in the car, you know, we can only maybe we visit two or three sites, as opposed to having to make 10 or 11 visits around the region. So it just narrowed down. Yeah, I think when companies are looking at cities, they’re not just looking at one, they’re looking at multiple and so you’re trying to create a competitive advantage and a better experience. And we think this creates a better experience when someone’s considering an investment here in Orlando.

Brandon Burton 21:34
Right? Yeah. And I can see, as you, you know, do a presentation like this, obviously, you want to show the highlights, right, those things that are going to attract the business. And I know Orlando has no downsides to it, right. But I mean, some cities out there, they might have some spots that they might want to cover up and not show. So just to be able to kind of narrow things down and say, here’s the highlights and pique the interest of bring a visit, I think is a huge key in the selling factor.

Tim Giuliani 21:59
Yeah, and actually, for some of the areas, you know, that you kind of casually mentioned, that haven’t gotten a lot of investment over time, we’re actually partnering with some of them as well, so that they have the ability to make the same type of presentation to investors. Because some of those areas are very well connected to the the infrastructure of Central Florida, they’re very close to higher education institutions. And so they’re, you know, overlaid with opportunity zones and other special tax districts and that provide benefits to companies. So it actually not only enables us to show the highlights of Central Florida, but it allows us to showcase the opportunities that may have been overlooked, because maybe they weren’t part of that brochure, or that website in the past. So you know, it’s still early, but it’s an interesting way to think about showcasing the entire community,

Brandon Burton 22:51
right. So we’ll get the link to the digital twin in our show notes for this episode for listeners that want to go and check it out and kind of play around and see what it looks like. I think that would be good to get some visuals on it. But let’s let’s shift gears over into the second program focused on the semiconductor industry and creating that cluster there. Before we got on the podcast and started recording, I’d actually kind of poked around your guys’s website, and I noticed you have a good number of staff that are dedicated to the semiconductor industry. So this is definitely something that’s an area of focus and of importance to you. But tell us more about that. And the focus you guys have with semiconductors.

Tim Giuliani 23:36
Yeah, actually, this, this win that we featured in our application allowed us to build a team focused on semiconductors, because I can assure you, I cannot go through the supply chain dynamics, the parts, the tools, it’s a very specific knowledge base of which you need to be able to communicate with these companies. Because what they do is so highly technical. And, you know, over the last 10 years, we’ve there’s this piece of property, it’s 500 acres, just south of Orlando, in Osceola County, and the EDC at the time, and the county decided to come together, they kind of had two options, they could invest in a new spring training site for Major League Baseball team. Or they could go a different direction and do something to try to diversify their economy in the technology space. And so that’s the path that they went down. And over time, you know, now if I drove you over to what’s called Neo city, you’ve got 500 acres that the county owns. There’s all the infrastructures laid roads, utilities, water, stormwater, etc. There’s a fab. So that $160 million facility that currently is leased by sky water technologies. They’re a semiconductor, global foundry that their US owned. So they have an important niche in this whole semiconductor conversation and DOD. Many people don’t know that Orlando is actually heavily invested in by Department of Defense. And we have a long history of military instalments and investment. In fact, they’re all the branches of the government have offices here, some rather large, all around the areas of modeling and simulation. And all of that uses technology nowadays. And so we have a big defense base here. So the semiconductor you kind of think space, you think defense, and now you begin to understand sort of a niche that’s available here in semiconductors. And over time, we’ve worked to build that cluster. And then we were awarded a $50 million grant, through the regional build back better challenge, there was over 500 applications, I think there was about 25 announced winners, we were one of those 25. And so that combined local match and federal dollars, it means a $75 million enhancement, to those cluster building activities here. So we’re really excited about the path we’re on to provide a niche to the semiconductor industry that’s looking to restore, particularly as it relates to space, and defense. And as it relates to if you want to get technical into advanced packaging, which is a an area of product that’s provided by that industry.

Brandon Burton 26:36
So I guess that leads into the question I was gonna ask as to why you got you guys wanted to get into the niche of semiconductors. And that makes sense that the space aspect with the Department of Defense and looking into the future, are there other opportunities, you are kind of targeting in the semiconductor spaces, in addition to what’s already there? Yeah, I

Tim Giuliani 27:00
think that, you know, those are some industry verticals that they’re interested in. But I think as it relates to the technology and the product offering, you know, I don’t see us landing the next $10 billion Intel plant. That’s not, I don’t think that’s in the cards for us. What I do think is in the cards is, you know, advanced packaging. So think about when you were younger, you took apart a radio, and you found a really solid green board with the chips and transistors and connections on it. Well, that hard piece is the packaging. And so now the advanced packaging is when you’re putting multiple chips together. And that board has now become bendable. So it’s they can go into a lot more devices and helmets and different different things. That even though, you know as we seek to onshore or restore more chip manufacturing, you know, China still has about a 98% market share of this advanced packaging process. So we think that this important niche, so you need specific tools that are multimillion dollar tools that are in our fab here. We think that this advanced packaging component of the supply chain is a niche that we could do well in here in Central Florida.

Brandon Burton 28:24
Yeah. Oh, yeah. China’s got 98% of the market, if you can get most of the market share in the in the States, then you’d be winning in our country, so that’s great. So these are two great programs, obviously making a big impact in driving Orlando forward and making an impact in the community, especially as a chamber the year finalists, I like asking this question as far as chambers that are out there looking to take their chamber up to the next level. What tips or, or advice or action items might you have for for someone trying to accomplish that goal?

Tim Giuliani 29:06
My suggestion, I think, coming up in the industry, and I’ve been in this line of work myself for about 18 years. What we’re taught is a lot of what’s called strategic planning. And I think that there, you know, that’s a part of the strategy, but to really get a forward looking strategy, I really believe you need to adopt a strategic foresight process. And the planning can certainly come later. But I think you’ve got to really understand from the outside in, you know what, what’s going on in the marketplace. The world is quickly changing, and what are those variety of trends that are out there, and then pare that down to a set of drivers of what’s really going to impact our work. In our region, and understanding what what’s driving change, and then be able to think about what what you do to achieve your goals in the face of that change. So I just think it’s a different perspective and mindset that strategic foresight brings that enables, you know, the idea of coming up with a digital twin came directly out of that process. And it’s, it’s really digitally transforming our work as we speak. And we’re only in phase one. I mean, there’s unlimited ability. Now, as it relates to you know, transportation is one of our big priorities as it is for a lot of chambers. And as it relates to making future investments, you know, we’re now able to put in to the digital twin scenarios of what a new train line would bring, and what that would do to traffic and how to communicate that to elected officials in the larger media and public. So I think it just, you know, it came out of that strategic foresight process of understanding what was coming online from a technology perspective, and then being able to see how that relates to us. And then we were able to build a plan off of that.

Brandon Burton 31:13
That’s awesome. Yeah, I’d love you know, hearing the the other uses for the digital twin to that’ll, that’ll help with advocacy and those things that are important in the region. So that in the terminology is Strategic Foresight process, is there a formal process that you go through that kind of a structure that you follow? I don’t know if you’re prepared to speak to that, but that it is very intriguing to me.

Tim Giuliani 31:38
Yes, absolutely. There’s, you know, if you if you’re interested, there’s some online courses, the Institute, the future has a great online course kind of Crash Course and understanding strategic foresight. You know, it’s, it’s also, you know, what futurists use. And I know, some people may have preconceived notions of what that might be, and how many eight balls that entails. Right. But I can assure you it’s a it’s a business process. A lot of leading companies are leveraging this technique or this mindset in their companies to really think of whether it’s consumer insights, strategic foresight, so there’s definitely a process. I went through a program at the University of Houston. So University of Houston, University of Hawaii are the two universities in the US that have for decades had programs focused on strategic foresight. So there’s, there’s obviously books, websites, courses, higher education, certifications, etc. To help anybody become more familiar with that process.

Brandon Burton 32:41
Yeah, that’s great. Great, I love it. So speaking of futurists, as we look to the future of chambers of commerce, how do you see the future of chambers and their purpose going forward?

Tim Giuliani 32:53
Well, I’ve, I’ve always maybe had a slightly different take on things. And I really feel that the sort of things we’ve we did 15 years ago, and I did them too, you know, I’ve created directories I’ve edited. I’ve gotten the calls when we, you know, put the wrong phone number address, you know, I understand sort of those things that have been consistent in our industry. But I think, you know, over time, some of them have gotten commoditized and easily available online, through LinkedIn, through meetup through a variety of sources. And I think we’ve got to keep innovating in a way that’s just focused on impact, you know, what is going to drive the future of the region? What needs to be undertaken? You know, how do we set priorities for the community, that’s to the benefit of everybody. And I think we play an important role as chambers in setting those community priorities, by convening, and by, you know, kind of being the same center or the one that is able to be focused on progress and a longer time horizon than most elected officials have. And so I think we have that niche of we bring the community together, we help to set priorities or longer term, in our perspective, and then building programming and advocacy and work that’s tied to that mission, in my opinion, is a better and more sustainable technique than trying to be all things to all size companies and all parts of the community. I don’t I don’t think that’s actually attainable.

Brandon Burton 34:38
Yeah, I think you’re I think you’re right, figuring out what that impact is and setting those priorities, convening and be in the same center I think is spot on. Well, Tim, as we, before we let you go, I wanted to give you an opportunity to share any contact information for listeners who may want to reach out and connect and maybe learn more about the digital twin and Have you got that going or anything that we’ve talked about today? What would be the best way for them to reach out and connect?

Tim Giuliani 35:05
Yeah, absolutely. I think LinkedIn is really the best way. I’m happy to connect on LinkedIn or communicate, at least initially that way. But LinkedIn, I think the easiest way to get in touch with me

Brandon Burton 35:20
good deal, and I’ll have your, your profile linked on the well, so yeah, that’ll work.

Tim Giuliani 35:28
It’s not many of us. So under that name, so should be easy to find.

Brandon Burton 35:31
That’s right. Now well, we’ll get that in there. But I really appreciate you setting aside some time to spend with us today. You’re on Chamber Chat Podcasts and wish you and your team Best of luck is chamber the year and congratulations on the great impact you guys are making.

Tim Giuliani 35:46
Thank you really appreciate it.

Brandon Burton 35:48
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Addressing Challenges Facing Businesses with Rick Wilson

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Brandon Burton 0:00
This is the Chamber Chat Podcast, the show dedicated to chamber professionals to spark ideas and to get actionable tips and strategies to better serve your members and community.

Hello, Chamber Champions. Welcome to the Chamber Chat Podcast. I’m your host, Brandon Burton. And it’s my goal to introduce you to people and ideas to better help you serve your Chamber members and your community.

Our title sponsor is Community Matters, Inc. With nearly 20 years in the chamber industry and over 100 media awards presented to their chamber partners, community matters provides the R&R that every chamber needs, revenue and recognition.

When it comes to publishing a Chamber Map directory or Community Guide, Community Matters has a trusted experience to help your chamber accomplish your goals. With different advertising sales models and publication styles, Community Matters will help you create a non-dues revenue machine!

Let’s hear from Becky Womble, President of the Bastrop Chamber to hear about her experience with Community Matters.

Becki Womble 1:03
I’ve been using Community Matters for probably six or seven years now. And in a previous life, I sold commercial printing so I can highly recommend Community Matters because it’s a complete turnkey job for any busy chamber exec and it’s a wonderful, beautiful printed product whenever you’re finished. And I just I’m very sold on Community Matters. And with a printing background I just big endorsement from me.

Brandon Burton 1:44
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Our guest for this episode is Rick Wilson. Rick is the President and CEO of the San Diego Regional East County Chamber of Commerce, and has been since 2019. Rick comes from a 16 year career working at the YMCA organization in a variety of different roles from facility manager to executive manager. He’s an active Rotarian, and is involved at different levels with several local organizations and board of directors. But Rick, I’m excited to have you with us today here on Chamber Chat Podcast, I’d love to give you a moment to say hello to all the Chamber Champions that are out there listening and share something interesting about yourself so you can get to know you a little better.

Rick Wilson 2:37
Well, thank you, Brandon. And it’s exciting to be on the show here. And hello, everybody out there. All those interested in what goes on at chambers of commerce. And again, my name is Rick Wilson. I’m the President CEO for the San Diego Regional East County Chamber of Commerce. I’m very excited to be on here today to chat a little bit about what’s going on with chambers of commerce, especially here in Southern California and hopefully, some great storytelling on will help you guys moving forward on some of the things you’re looking to do as well. But a little interesting about me. Born and raised here in Southern California, I went to school for a little bit in Australia for about a year as well as in Virginia, of when I was in high school and then went to college at UC Santa Barbara. And then was lucky enough to come back to San Diego to work for the then San Diego Chargers. And that was a great experience for seven seasons traveling on the road working in coaching and working in the business department. But since then, I’ve moved on was at the YMCA, As Brandon mentioned, and now landed over here at the East County Chamber of Commerce for about the past four years and really excited to continue to help our business community.

Brandon Burton 3:38
That’s right. And you you came into the chamber world at just the right time get about a year of experience under your belt before they really put you to work, right?

Rick Wilson 3:47
Yes, sir.

You know, got hired in May of 2019. And about March of 2020. We all experienced the same thing and stay at home orders and the 100 year pandemic and there was no playbook for anybody on what to do during 100 year pandemic, especially for Chambers of Commerce. So we definitely rolled up our sleeves and dove into it and just went after it. Absolutely. But tell us a little bit about the San Diego East County Chamber just give us an idea of you know where you’re coming from. So things like the size of the chamber staff budget scope of work you’re involved with. And that’ll kind of set our table for discussion. Great. So yeah, the San Diego Regional East County Chamber of Commerce was founded back in August of 1912. So we are now in our 100 and 11th year of operations here at the chamber. So that’s quite a few generations that have really looked at our chamber as the go to resource in that community, whether it’s business related or not. And we definitely really love that and appreciate that and want to keep that up our staff size. We’re fully staffed. We have five employees. And we have two longtime volunteers one for about four years and one for about 11 years now. And that’s really helped us out our budgets, just over half a million just

over 500,000. And we’re looking to continue to grow our membership is right around 600 members. And so we’re looking coming out of the pandemic continuing to grow that we had a great program and a great plan going in 2019. And then as I mentioned earlier, the pandemic hit and for everybody, it just kind of changed the way we did business, but really excited about what the future holds. And as a chamber of commerce, we want to be that resource in our community to help everyone out.

Brandon Burton 5:26
So I know it’s in the name. So the San Diego Regional East County team, what all the do encompasses geographically?

Rick Wilson 5:35
Now, that’s a great question. So well, first off, I’ll start off by saying that as a chamber of commerce, we don’t really see boundaries or barriers. We’re a global economy. So we’ve gotten members in other states here in the United States, Northern California, and then obviously a lot in Los Angeles in Southern California, but we are in San Diego Regional East County Chamber of Commerce. So if we had borders, we would say we go as far east as Borrego Springs as far south as Spring Valley as far north as Poway and as far west as La Mesa. But we do things all over San Diego County, we partner with tons of chambers of commerce here in San Diego. And the whole goal of that is to bring our businesses together, it has nothing to do with poaching, membership or anything like that. We kind of believe that, you know, the rising tide lifts all ships so we can work together as chambers of commerce, we can help the business community even more, and that’s really what we’re looking for. So as a Regional Chamber, we’re not just regionally for each county, but we are regional throughout San Diego County doing everything we can to help.

Brandon Burton 6:33
Okay, I know that that makes a lot of sense. So I appreciate the the extra explanation of the name, right?

Rick Wilson 6:40
Yes, it is a little bit of a sentence. Yeah.

Brandon Burton 6:43
So as we get into our discussion for our topic, today, we settled on the idea of talking about how chambers can really be a resource and a help for businesses who are facing struggles and some of those struggles that businesses face. So we’ll dive deeper into this discussion as soon as they get back from this quick break.

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Donna Novitsky 8:43
Hi, everyone, Donna from Yiftee here with another fun fact about small businesses. Did you know that there are 77 million people working in small businesses in the US? That’s almost half of the entire civilian workforce. But I know that you already know the value of local businesses. That is why we created community cards. They bring revenue to your members’ businesses that today is leaving your community and going to national brands and e-commerce companies. In addition to consumers we see schools, hospitals, city governments and companies buying community cards in bulk instead of buying big box store and online gift cards. Community cards keep local dollars local. For more info come to a demo or email us at sales@yiftee.com. We look forward to meeting you back to you Brandon.

Brandon Burton 9:37
All right, Rick, we’re back. So leading into the break there we introduce the topic for our discussion today being addressing challenges that are facing businesses and specifically how a chamber of commerce can help with addressing some of these challenges and and I think it’s kind of an inherent thing for Chambers of Commerce to be involved with being problem solving. versus their community. But as we approach this discussion, what what are some of those things that are maybe top of mind for you when it comes to a chamber of commerce helping businesses that are facing certain struggles?

Rick Wilson 10:13
Absolutely. Well, first off, thank you, Brandon, the Chamber of Commerce exists because of so many businesses that exist in our society, right? We are in a capitalistic society. So Chamber of Commerce has are here to really help businesses small, medium, and large size. And some of the challenges that we’ve been seeing over the past year and a half, two years coming out of the pandemic, obviously, is workforce, getting employees, I would say, the middle of 2021, coming out of the pandemic wooden restrictions kind of lifted up was definitely a challenge. Definitely, in Southern California, we saw, restaurants half empty, and they’re not serving the other half, because they can’t get enough employees, cooks, waiters, you name it. And so a lot of stores or retail, or manufacturing, or anything that we can think of have struggled with getting workforce. So as a chamber of commerce, we are definitely working with the Workforce Partnership in San Diego here, working with the Economic Development Council, working with government, local agencies, to make sure that we are doing what we can to help get that workforce back into our society back into working, that really is the machine that makes everything go. And so Workforce Partnership is incredibly important workforce development work with, like I mentioned, all those agencies, that’s been really big for us, and we’ve not arrived, we are still looking to do that, I would say we’ve gone from getting bodies in there to now really needing to look at incredibly qualified people getting back to where we were pre pandemic. So looking for those qualified applicants now and really getting them placed into our workforce out here in East County and throughout San Diego County. So that’s, that’s one of the big topics that we’ve seen.

Brandon Burton 11:49
Yeah, so the workforce issue, I think it’s taken on a whole different approach, a whole different issue, you know, coming out of the pandemic. So before, I think, you know, we’d see jobs shift from one region to another, or different states, navy, whatever political climates or incentives there are for employers to be in certain places, but the pandemic when everything shut down, and people kind of got creative in different ways to bring in an income, and especially those in the service industry, if they weren’t, you know, super high income earners to begin with. And maybe they’d created their own side gig or side hustle that became something. I mean, it just really created a different need and that time of their own employment, but then it leaves a huge void today, right? So as we look at trying to help with the workforce issues, is that something you guys are seeing there in the San Diego area? How, how are you trying to approach it to fill that void? I’m sure others are looking at a similar situation.

Rick Wilson 12:56
It’s a really good point, we have seen coming out of the pandemic, a lot of people who were employees of organizations, nations looking to kind of go on their own. And so we’ve had a lot of people come into the chamber of commerce, and we’ve worked with the Economic Development Council to help them start a business are starting to realize to during the pandemic, that a brick and mortar isn’t the be all end all that you know, it really expose the fact that those who were not comfortable with people working from home, for the pandemic, really were forced to see this results. And as many saw, you’re getting the same production, if not more, with some of those people working from home, which has really, you know, allowed. The word I’d like to use this pivot, we talked about that a lot during the pandemic is businesses looking outside the box re looking at their business model. You know, what if I use an example of one of our local companies here was heavy, a barbecue place, heavy seven days a week in their restaurant pandemic happen, they changed their business model pretty quickly. And they jumped all over the fact that all of our hospitals, and all of our health care, were starting to feed their people on a 24 hour basis, because remember, during the pandemic, and people working 12 hour shifts, 15 hour shifts. And that pivoting of that model for that restaurant, just as little restaurant completely blew them out of the water. They’re doing better than they’ve ever done. They’ve looked at their model. Now they rent out their facility three days a week for parties and events. It’s less staff that they need to put on the front end with not sharing what’s going to come in and able to load up their staff or catering their chefs. So pivoting was really one of the biggest things that we worked on during the pandemic to try to think outside the box to help businesses think of something different and individual employees who were unemployed during the pandemic, who maybe didn’t fall into the wonderful PPP program, working with them if they wanted to start a business on how we could get this going, especially during the pandemic and we’ve seen some really great results with that.

Brandon Burton 14:50
Yeah, so yeah, I guess that’s that’s a whole nother aspect of the the workforce issues all the money printing and all the money that got put into the system and I Um, stimulus checks and things like that that made work optional for people for a time. Or give them that flexibility to explore the opportunities to so yeah. What are what are some of the other challenges that you see businesses facing that a chamber of commerce can help with,

Rick Wilson 15:18
especially coming into 2023, two of the big things that we’ve been seeing is obviously, the supply chain, we all hear about this challenge that’s been happening. And then obviously, inflation. So with inflation, you know, businesses looking at their total package, what they’re offering, you know, most that we know how to increase pricing, depending on what service it is that they have, or what industry they’re in, as our chamber of commerce worked really hard coming out of the pandemic, and in 2022, really made some great strides. We were able to as a decision this year with our board of directors to not raise our pricing for our membership, do the fact that everyone is it totally makes sense to do it. You know, this is the time that you can argue and say, Yes, but if you’ve been able to do some really great things and make some really great decisions that have benefited you financially, as an organization, we’d like to turn that around, and give that back to our members by being able to say for 2023, with the inflation going up, and pricing going up and everything being like it is we’ve been able to hold our pricing at membership for 2023, which we’re incredibly proud of. And we’ve been getting incredible feedback on that, knowing that in 2024, we will have to look at an increase, but we just we’re talking at the end of 2022. What can we do for our members as they go through supply chain issues, inflation workforce challenges. So we’re really proud of that. And if you know, organizations are able to do that, whether through grants, whether through donations, whether it’s due just smart strategic and what you’re doing with your events as a chamber, you know, that’s a great way to give back to your members without actually taking it out of your pocket.

Brandon Burton 16:56
Right. So I think those are two key things that the chambers can can work on. And I think that we see a need across the country with both supply chain and inflation. And I commend you guys for being able to take a look at your budget and say we don’t need to raise price. And I’m sure your members appreciate that. As far as addressing the needs of the members, I mean that that’s one way of addressing that the inflation, but are you guys providing any feedback or data or anything as far as inflation goes? Or to be able to provide resources with supply chain issues? At what’s the approach on those two things you guys are taken?

Rick Wilson 17:37
Yeah, partnerships are very big for us at this Chamber of Commerce, we feel like we are able to reach more and do more by partnering. So when you’re talking about data, yes, we work with several groups here, not only in East County, but throughout San Diego County to keep our eyes on what’s going on with the economy. And so with related to inflation, what kind of data can we push out what kind of suggestions, so we’re not the be all end all as a chamber, the more partnerships we have, the more research verses we’re able to give to our members and non members just in the entire business community. So really, partnerships are what’s big. And so working with those groups, we can give those resources out. One of our big partners, and I think for most chambers is the Economic Development Council. They work on a lot of similar items that we do. So we try not to duplicate what we’re doing, we try to work together to make sure that together, we’re pushing out those resources to the community. So we’re very proud of that. And also continuing to work with other chambers really makes that partnership with other outside agencies much easier. Because we’re all trying to do the same thing. We’re all trying to help the business community. And it’s not a competition, it’s really about if, if the business committee is doing great tax dollars are rolling in coming back to your city in your county, it just makes a better place where we all work, live and play. And that’s what we’re really our goal is to go towards, right.

Brandon Burton 18:56
So the thing that comes to mind, you know, oftentimes, chambers are very involved with important work, you know, and oftentimes, they’re not seeking the credit, you know, the the partnerships, it doesn’t matter who gets the credit, necessarily, as long as the work gets done and information gets out there and everything. But at the same time, it’s important for people to understand what a Chamber of Commerce does, right. So there’s that definition of what a chamber does. So I’m curious as you guys work to address the needs, the the issues that are facing businesses, obviously, it’s best to have, you know, success stories, you know, individuals who are telling others that word of mouth spreads. But are there other ways that you guys are trying to educate the community about the work that you guys are involved with, and specifically with sharing some of these success stories of helping businesses overcome obstacles?

Rick Wilson 19:52
And that’s a great question. I think that’s probably one of the number one challenges most chambers have is pushing out the information and the resources on what they do. I think most people will think they know what a chamber of commerce, I probably have exactly one of those before I got the job. And then when you dive in, you realize that, yes, it is about the business community, but in that respect of the business community, how are you going about helping them. And in my opinion, there’s multiple branches on this tree of how you get to that success. So like, we talked about partnerships are partnering with government partner with leaders in your community, partner with big organizations that are looking to give back to the business community. So there’s multiple ways that you can do that, obviously, during the pandemic, we had program grant programs that came out in the county, the states and the cities that we all live in work in. And that was kind of a band aid to help, you know, get to a certain point. But it really wasn’t a solution. It was really about talking with other groups and making sure that we’re working to be successful, and not just saying, we as an organization know what is happening, we need to get a vibe of what’s going out throughout our county. And that is the best way to get those results and get those two people or organizations or businesses that we work with. Could you follow up again, with the second question? There’s another part to that question?

Brandon Burton 21:10
Yeah, that’s a good question. Mainly about just how you guys go about sharing the success that you guys create for businesses and beyond the word of mouth of businesses that have been impacted, telling others? How are you sharing the message of what a chamber does? And specifically with addressing the challenges that face businesses? And a great,

Rick Wilson 21:35
that’s a great question, and I appreciate you kind of falling back up with that. So for us, you know, when we look at, yes, social media, that’s where people live, right? So social media is incredibly important that we’re, we’re pushing out the word, a lot of people are using Twitter or Instagram to find out their information, we know a lot of our media, really still follow Twitter, that’s really kind of where they get their information. So we’re pushing out as much as we can on that we have a weekly newsletter that goes out to over 2500 businesses, but we only have 600 members. So we know the business community has their eye on what’s going on with us. And we want to help. And when people find themselves in an alignment with what we’re doing, then fantastic, they can join our chamber. But our goal is really to help the business community. And so looking at these opportunities, success stories. I mean, there’s lots of them, I think of stories that we constantly tell people and educate, reach out to the chamber when, when you have a question, we can probably help you. And a lot of it is businesses with permitting and cities in the areas that they’re in. Well, we’re working with all these cities. So we can call in sometimes it’s just as easy as the permit is ready. But someone didn’t press the button within that city organization, because they’re so busy themselves trying to get things done. And Souplantation was a huge organization here in San Diego that died in Southern California during the pandemic. And we have a business owner who’s bringing that back and working with the city to bring that back. And people are very excited about that. And I’ll just share one little simple story on that is, she also is running a different business in there until she can bring Souplantation back. So she didn’t want to take the big signs down there on a 30 foot pole, the ones on the buildings. And if you’re not running the business at the time, you need to do that. But there’s also a clause that you can also put a wonderful canvas over it. And so she went from oh my gosh, this is going to destroy my business to oh, I can just have put a canvas over it until we get Souplantation open again. So working with your chamber communicating with your chamber. That’s the biggest thing, the more we hear from our businesses, that voice of what’s going on, the more that we can push that towards government write letters to the state, work with local entities, you know, deregulation, you name it. But when we hear from our business, community, especially our members, that’s the biggest thing. So one of the big tips I would give to anyone listening out there is reach out to your chamber, your chamber is there to serve you. And I know that it’s very difficult, you’re running your own business, you don’t have a lot of time to be engaged. But I used I like to use the analogy of a gym membership, right, we all kind of have a New Year’s resolution, we get that gym membership, we put it in our front pocket, but we never go to the gym, not to say that you can achieve your goals. But it might be a little bit more difficult to achieve your goal. If you don’t go to the gym. Well, if you join the Chamber of Commerce, the chamber is going to do everything it can for you, it’s going to mark it for you, it’s going to reach out to you it’s gonna have touch points, it’s going to share resources. But if it’s not hearing from you, and it’s not engaging with you, it’s harder for that business to achieve its goals. So my suggestion always is try to be engaged, try to be involved in Do not hesitate reaching out to your chamber, they have more resources than you would think.

Brandon Burton 24:34
Yeah, that’s great advice for business owners. So maybe I will shift that it says a good tip for business owners. What tip or action item might you have for a chamber that’s listening that would be interested in taking their chamber up to the next level? So

Rick Wilson 24:51
they I love this question. This is one of my favorite answer is that chambers definitely in their areas is you know the the environment in the communities that they’re serving. He will be strategic on that. But for us, the bigger picture is we’re all inclusive. We care about everyone in the business community. So for us, it’s not about getting our membership to 1000 by next year. And what are we doing strategically to do that? If we’re pushing out that information, and really being all inclusive, when I say all inclusive means that you’re willing to partner with other chambers, you’re not we’re afraid about another chamber, oh, they’re talking to someone on the side and taking my member. That’s if that’s what’s happening, then that chamber is not really driving and doing what it’s supposed to what it’s supposed to be doing is collaborating, working and bringing all these resources to the business community. So the first thing I would suggest is, open your doors to all chambers, try to partner with mixers, any opportunity that you have. Look at that we have a meeting next week, we have our women in leadership luncheon that we’ve been running now for 21 years. And there’s a huge group here in San Diego called mana, which is Latino business women in that group has 400 Women in that association. Well, we want to see what opportunities there are for our very successful event that has over 600 people that attended every year, we want to partner with other groups to find out what might we be missing. So always be as a chamber be open to hearing other ideas, doesn’t mean that you’re going to move forward on every idea. But we’re that crazy chamber that believes if we throw 100 things on the wall, and one or two stick boy, we are going in the right direction. But if we don’t vet those opportunities, if we don’t look at that opportunity, then we’re going to kind of be the same chamber that we’ve always been. And we are a chamber that wants to be innovative. Were the first chamber of commerce in North America to have a personal assistant robot that Tammy robot that you’re starting to see in airports, restaurants and things like that. So we want to be leaders in our community, we want to be innovative, if and the only way to do that is to open our doors, and work with as many organizations, government agencies and chambers of commerce as we can so that we can all succeed. So in my vision, if the chambers in San Diego County, which is about 30, or 40. If they’re succeeding, then we’re all succeeding than the entire business community. So be open to working with other chambers of commerce. And there’s incredible ROI for that.

Brandon Burton 27:09
Awesome. So circle back, tell us about that personal assistant robot. Everybody’s all over AI these days, right? Yes. What can this robot do for you.

Rick Wilson 27:22
So interesting. Back in 2019, when I got the job, I met a gentleman who was a member of virtual reality for Main Street. So he kind of saw the technology, which is kind of already here. But he wanted to help chambers kind of grow with that. So we started a program called chamber innovators that did okay. But really, when the pandemic hit, chamber, innovators, all of a sudden became one of the number one programs in San Diego, we’re putting, excuse me, we’re putting it on virtually once a week. And we have people all over the nation with innovative business practices, innovation with technology. And so we had a lot of members throughout San Diego County that were members of other chambers jumping on this free program, and really started driving us in that technology innovation Avenue. Coming out of the pandemic, we had the opportunity to get one of these Tammy robots. And so if you walk into our office, the first thing is you’re greeted by the robot, it will welcome you. We bring it to all of our events. So it’s like anything else, you got a program and for whatever you wanted to do. But we had all our sponsors that are big EC honors event that we just had last week. And all the sponsors love that, that is robots talk, going around and talking about the sponsors. And, you know, it was definitely just a different way of looking at things. And as time goes on, we’re seeing airports restaurants using these not to replace employees, but to really use it as an additional tool to make the organization more efficient and better. And I’ll give an example. I was just at a restaurant three weeks ago, where when you walk up the person that greets you and says oh table for four great, they send the robot to take you to where which sends a message to the waiter that now your table for is ready and the robot sat you down. And the restaurant we weren’t at didn’t have the robot serving. But I have seen that. And so the personal robot assistant is really an assistant, it’s not a replacement of any employee that we have is to really build on what we’re doing and become more efficient in what we do. Plus technology’s kind of cool. So everybody does like it.

Brandon Burton 29:18
That’s right. Yeah, that reminds me, I was at a Chick fil A in in Texas, a small town in Texas. And we sit down and they had to have these robots that would bring the food to you. So they’re taken at the counter, put the tray on this robot and they would go right to your table. And it was pretty slick. I mean, everybody’s in there just watching the show, right? Technology is cool. But so does this robot. Does it collect any data, or is it just delivering data? How is it interacting?

Rick Wilson 29:50
Yeah, so so far, we have one of the first models that came out, t Mi, Tammy. And so there’s all kinds of new ones like I’ll just segue real quick into there. There’s ones that it’s, uh, the, the stamp, I guess you could call it is a refrigerator. So if you had one at home, you would still need to stock it. But you could call on your robot anytime to bring you a beverage or anything like that. And for us, it’s not collecting data, it’s you program it to do anything and everything that you want. I do believe that that is the future. And I’m sure some of the newer models that have come out do have that it’s an evolution. But the first model that we got out really has one little platform that we put some waters on, it greets our members when they come in or non members. It shows them a few things in our lobby or business cards, you know, materials of our members, sit them down in our conference room and let them know someone will be with them right away. Then it goes to each one of our offices until we say hello. Oh Rick’s not in hope someone else is not in this person’s in and lets them know that someone’s there. So it is helping us being more efficient. But right now, we’re not using it as a data collection. We’re putting information into it, depending on what day it is what event it is that we have going on. But mostly Monday through Friday. It’s a it’s a welcome robot that welcomes people when they come in. And what I wanted to have happen is happen, people who walk in, they walk out and word of mouth is Have you been to these County Chamber recently, they’ve got a robot in there. And so that’s kind of one of those spread of word where people just want to come in the postal workers now don’t just drop off the mail, they want to come in everyday because they want to be greeted by the robot.

Brandon Burton 31:26
That is great. Any any of these things that can draw that attention and positive positive comments? That’s great. So I like asking is another good segue I like asking everyone I have on the show, how do you see the future of chambers and their purpose going forward?

Rick Wilson 31:45
That’s a really great question. I’ll just say this, if chambers aren’t innovating and thinking outside the box, they could get left behind. If you’re doing it the way it was 1015 20 years ago, exactly the same, you might get left behind with all the innovation that’s coming out. So my suggestion is that what we’re doing is looking at all the tried and true practices that still do work, yet open to all kinds of opportunities to look at what the future has, as technology gets better. As as partnerships grow as bigger, or organizations are looking to partner with smaller organizations Chamber of Commerce are ripe for that. So continue to look for partnership opportunities, continue to try to partner with chambers of commerce, and be open to innovation and new ideas that really is what’s going to continue to take chambers to the next level. Because we are not going to be the same in our community, especially after the pandemic. So looking at business models, really looking at the way we do things, the way the business community operates, be flexible and right along with them to help them achieve their goals.

Brandon Burton 32:54
I like that. And I think look into the future. Some of those things that are on the horizon right now, obviously, is artificial intelligence. Already, a lot of buzz around that. But also look at things like blockchain and NF T’s and the business models that go along with that, because it’s going to change the way a lot of businesses operate. And if as a chamber, we need to know, you know, how do these things work?

Rick Wilson 33:20
Correct. And to your point, AI, as well as augmented reality is starting to become really big. If you went to our website, you’ll see, about two years ago, we had created a virtual Chamber of Commerce. So you could go to our chamber of commerce, virtually, you could go into different rooms, different lobby areas and get services and get stuff that would traditionally be on our website. And now we’re starting to see an augmented reality avatars that are walking around you create your own avatar, and building Chambers of Commerce is our businesses or, gosh, what do I even say like, imagine a conference but you’re you’re you’re you’re in downtown San Diego at the wonderful conference center, where you’re doing it 100% virtually don’t have to actually fly out and get a hotel, you can be a part of that. And we’re starting to see that becoming reality. During the pandemic, we did a couple job fairs like that, that were incredibly successful, where we weren’t sure how people would react to having a little avatar and go into different rooms and sitting down and having interviews virtually. And we didn’t know how it worked. But we had about 350 participants in that and it was incredible. And so I think it’s the more that you do the stuff in technology, artificial intelligence, augmented reality, you name it, the more comfortable you get into I am someone who’s not a techie. And so for me, it’s like I get the concept. I want to be innovative, but I’m not your leader. That’s gonna say this is how you do it. Here’s, here’s all the logistics. But I tell you surround yourself with people that do you know what’s going on that are leaders in that industry, and they can hold your hand and take you with them to because for us, we’re one of the chambers in San Diego they’re looked at as Wow, look at all this innovation but it’s Because of the partners that I have, is why we’re there. It’s not because of myself, I wouldn’t know the first thing about that stuff except saying that looks super cool on the screen. That’s

Brandon Burton 35:10
great. So Rick, I like to give you an opportunity to share any contact information for listeners who would like to reach out and learn more about how you guys are doing things at your chamber, and maybe addressing some of these challenges that businesses face, what would be the best way for someone to reach out and connect?

Rick Wilson 35:28
Yeah, so I’m pretty transparent on everything. I’ll give you my email address, which is rickw@eastcountychamber.org. Our website is eastcountychamber.org, you can contact us here at the office 619-440-6161. And I want to be here for any chamber, I’ve learned a lot from other chambers, people who have been CEOs for 2025 years and Chamber of Commerce’s throughout the United States. And I want to be that reference and resource as well. And I’m sure whoever contacts me, I’m going to learn from them as well. We continue to learn from each other continue to evolve and grow our chambers of commerce, they’ve come a long way from 100 years ago. And as businesses pivot, and as they look at new ways of doing things, looking at their business models, we as a chamber need to be flexible as well and coming right along with them, hearing their voice and sharing that with our local government.

Brandon Burton 36:21
Absolutely. And that’s why we do this. That’s why we encourage people to reach out and connect and build that network and learn from each other. So thank you, Rick, for joining us today on chamber tap podcast for sharing your experiences. And it’s been a fun conversation and something that hopefully in re energizes those that are listening to do that important work at their chamber, and especially when it comes to facing those difficult challenges that their business members are facing. So thanks a lot for for being with us today.

Rick Wilson 36:51
Well, thank you so much, Brandon, for the opportunity to be on chamber chat. What a great opportunity to share resources, but also let everyone know that we are here to help and we want to learn as well. So if you have something incredible and innovative that you’re doing, I would love to learn about that as well. But thank you so much, Brandon. Great to be on chamber chat.

Brandon Burton 37:08
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Innovative Partnerships with Kris Adams

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Brandon Burton 0:00
This is the Chamber Chat Podcast, the show dedicated to chamber professionals to spark ideas and to get actionable tips and strategies to better serve your members and community.

Welcome to Chamber Chat Podcast. I’m your host Brandon Burton, and it’s my goal here on the podcast to introduce you to people and ideas to better help you serve your Chamber members and your community.

Our title sponsor is Holman Brothers Membership Sales Solutions. Let’s hear from Jason Mock, President and CEO of the San Marcos Area Chamber to learn how the Holman Brothers have provided value for his chamber.

Jason Mock 0:38
Two years ago, we brought in Holman Brothers to help our organization go to that next level. And in those two years, our team has transformed the way that we think about sponsorships and non dues revenue. And I would really encourage you if you’re looking to take your chamber to the next level to bring on the Holman Brothers.

Brandon Burton 0:54
You can learn more about Holman Brothers Membership Sales Solutions by visiting holmanbros.com.

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Our guest for this episode is Kris Adams. Kris is the is with the Greater Bentonville Area Chamber of Commerce as the director of Northwest Arkansas Technology Summit, Kris comes to the chamber from a career of service with nonprofit organizations. Prior to joining the chamber team, he served as the director of development for restoration village, a local Women and Children’s Shelter. He holds a master’s degree in Strategic Communication from Arkansas State University, a Master’s of divinity degree from Union Presbyterian seminary, and an undergraduate degree in religion from Liberty University. Kris believes that technology can be a force for good to improve the lives of everyone.

Kris, I’m excited to have you with us today here on Chamber Chat Podcast, I’d love for you to take a moment to say hello to all the Chamber Champions that are listening and share something interesting about yourself so we can all get to know you a little better.

Kris Adams 1:59
Hi, everyone, it’s a pleasure to be part of the podcast and know the interesting thing about me that was alluded to and my introduction is I know that a lot of us come to chamber life from from different backgrounds. And mine took a really interesting route through really starting off with schooling and training in religious studies and theological studies, which I know sounds like an odd mix to jump into technology, and chamber work. But really, it’s all about community building, about finding ways to engage with people, break down barriers and get people to collaborate together. And so it was a really good sort of start and set up to get me ready for the work that I’m doing today here in Bentonville,

Brandon Burton 2:44
right. No, I there’s a lot of similarities, I believe with religion and churches and the structure of community is in crosses over into chamber work to build communities and strengthen each other. So absolutely. I see the parallels there. So why don’t you take a moment to share us with us a little bit about the Bentonville Area Chamber of Commerce for those who’ve been listening to the podcast for a while may remember, we had Graham cod, who was the former President CEO of Bentonville chamber on an episode 114, where he talked about the value of placemaking in your community. But Kris, tell us is kind of the scope of work for the Bentonville chamber size, budget staff, that sort of thing. Just to give us some perspective. Yeah.

Kris Adams 3:35
The greater Bentonville Area Chamber of Commerce is situated in the northwest corner of Arkansas. Our claim to fame is that we are the home of Walmart, Tyson Foods and JB Hunt. It’s a it’s a wonderful community that really most people don’t even realize exists until they come out and visit and see really what we’re known for. But beyond those big local players, one of the big draws to Northwest Arkansas is of course the university that is in Fayetteville, and we’re getting to be known as the mountain biking capital of the world. So it’s a really picturesque part of the natural state if you’ve never heard of it before. Our chamber has about 1100 members with a retention rate of about 88%. We have a budget of about 1.8 million and a seven person team guiding the ship and moving things forward here in the greater Bentonville area.

Brandon Burton 4:38
And I can attest to it. I’ve been to Bentonville several times and it is a beautiful place. And really you guys have a great corner there in Northwest Arkansas. So we had a kind of a roundabout way how we got to having Kris on the podcast. So I’ll give just a little bit of background last year at the Mako conference One of his colleagues, former colleagues, Andre, I had was part of one of his breakout sessions. And he spoke a lot about technology and how their chambers implementing a lot of these systems and whatnot into their, their office into their, their ecosystem there. And I had reached out to Andre and found out that he was no longer at the chamber. And as we got talking, he’s like, You really need to talk to Kris, like Kris is working with the, with the Northwest Arkansas Technology Summit. And he’s really, you know, a big driver for a lot of these things that we’re doing and that we’re involved with. So Kris is here with us today, we’re going to focus our conversation around technology around you know, some of these things that can be implemented at your chamber, but also, and probably more, more of a focus around partnerships that you can make with those in your region in your city and your community around innovation. So we will dive in deeper on this topic as soon as we get back from this quick break.

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Richard Scully 7:16
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Donna Novitsky 8:00
Hey there, Donna Novitsky, CEO of Yiftee here, and we are all about the shop local movement. We’re working with more than 500 communities like yours and 15,000 small businesses like your members. We’re big fans of Brandon and his Chamber Chat Podcast, so we’re helping to sponsor the show. But while I’ve got you here, what’s a Yiftee? You ask? It’s a digital gift card branded for your chamber that people spend only at the local shops that you authorize. In 2022 we drove 10’s of millions of dollars to small businesses in the US. The program is free for chambers and free for your local shops. You can sign up for a live zoom demo with me or one of my teammates yiftee.com/demo or email sales@yiftee.com. That’s why Yiftee.com. That’s it for now back to the show.

Brandon Burton 8:56
All right, Kris, we’re back. As I mentioned before the break, we will be talking about innovative partnerships. So I’d like to learn more, and maybe have you you know, tell the audience what the Northwest Arkansas Technology Summit is to kind of give us an idea of of what that’s all about. And maybe that will kind of guide us in the direction as to developing those partnerships.

Kris Adams 9:21
Absolutely. The NWA Tech Summit, as we call it for short. Started 10 years ago, this will be our 10th year going in. And it serves as the premiere Technology Conference in the heartland. And it originally began as a collaborative work of small business owners and leaders in the local community who wanted to get together to talk technology and really discuss how they could stay ahead of the curve with all the different things, excuse me all the different things that were happening in the tech world that was impacting their businesses, and over the years it’s grown exponentially from this grassroots level work to include all of our larger local corporations, Walmart, Tyson, JB Hunt, the University of Arkansas, to include a lot of the tech players who have hubs and offices in this area, and do business with those groups. Everyone from Google to Intel and IBM, Red Hat, and Microsoft. And what’s really a joy is to see how all these different tech companies collaborate and work together through our committee through our planning, and in the conference itself, to put together just some stellar content that is applicable for everyone from high school students that attend all the way up through CEOs of these organizations that join us at the event. The event itself is multi day and runs about we had over 1700 Total registered attendees last year, about 137 presenters and 27 states beyond Arkansas were represented in our attendance. Wow. So that’s the event in a nutshell.

Brandon Burton 11:07
Yeah, that’s quite the scope. So the origins for it What? What was the kickoff to say we need to formalize a summit around technology here in Northwest Arkansas?

Kris Adams 11:20
Well, 10 years ago, we would have been coming on the back end of things like the the.com, boom and of the 90s. And watching Social Media sort of just in its heyday. And I know a lot of organizations were trying to figure out, you know, beyond those things, what was what was coming down the pike, I think one of the early slogans of the tech summit was this tagline of what’s next after next. And not just this idea of being prepared for the future, but being prepared for what’s what’s after the immediate future. And coming in the next three to five to seven years. And in our area, with the organizations and companies involved supply chain has always been a tremendous issue. And really COVID helped bring that again to the forefront of a lot of discussions. And so a lot of our technology, discussions revolve around ideas of supply chain mobility, how to how to stay relevant in those areas where we’re just seeing massive changes and shifts in technology impacting companies, both large and small, in our area and beyond.

Brandon Burton 12:35
So as you as you guys have developed this Tech Summit and in develop some of these partnerships, and are you needing to reach out to some of these businesses to be involved, or imagine you’ve got several of them kind of knocking on your door at this point, saying we want to be involved, how’s that developed?

Kris Adams 12:54
Well, you know, it’s really interesting how some of these relationships develop organically. One of the interesting bits of news that happened this last year was about some of the partnerships being developed between the state of Arkansas and Oklahoma, specifically in the area of new mobility and future mobility. So things like autonomous drones, drone delivery, there’s a good working relationship happening between the two states, as you know, we’re really trying to be a part of that push into what’s coming next for delivering goods, transforming the way we think about how you get places and move things. And, you know, we have good friends connected to the to the summit over in Tulsa through Tulsa innovation labs, and some of those partnerships that and the things that they’re working on over there. They just lend themselves to really great organic connections, where we’re doing a lot of the same work less than two hours away. And we see it as a really an opportunity to be collaborative partners and help further this conversation that can better benefit both of our areas, really the region as a whole, this northwest corner of Arkansas, and the quarter of Oklahoma that includes Tulsa, and then up into Missouri as well. And we even see some attend from Kansas City. So there’s this really unique desire to see this little corner of the world that we’re in this region here in the heartland develop and become our thought leader. Some have already started saying that they want to see this area become the Silicon Valley of mobility, specifically that that’s a goal for Arkansas. And I think that’s an A wonderfully ambitious goal. And so as we’re all trying to chase some of these shared dreams and visions for what technology can do for our local areas, it just makes so much more sense to collaborate together to share our thought leaders and our innovative approaches, so that we can all learn from each other and better that from the the insights that each of us are gaining.

Brandon Burton 15:03
Right? So you mentioned about the Tulsa innovation lab. So that being a partnership and collaborative partnership, how is that? Is it a formal partnership structure? How is how are these relationships built and developed?

Kris Adams 15:20
Yeah, a lot of these organizations come on to our event as sponsors or providers of content. They help us put together dynamic presentations that really speak into, you know, what their organizations are. Experts in Tulsa innovation labs spoke both on these automated delivery systems like drones, but they’re also well known for cybersecurity and the work that they do, trying to research how to keep platforms secure. And so their unique spin on content for us was, how to secure those autonomous drones and what that looks like in the future. And so, really, it’s it’s this unique play of us figuring out who’s the experts in which area, and getting them to be able to share to a crowd of individuals who probably have some really interesting perspectives on how they, they might be able to roll out things like this for their organization, and get them to share their insight and their wealth of knowledge. So that we can all kind of learn together from the best of the best that are already doing the work. So they provide a really unique and interesting viewpoints. When they come to speak, we have another good working relationship with a lot of our public school systems. in Bentonville, there is a program for juniors and seniors called Ignite, where it is technical training everything from kids who are juniors and seniors getting their licensure and certifications to be able to work in the hospitals, to getting their FAA certifications that they can get at 16, to fly drones, to all sorts of other business marketing type innovations. And we actually had students from that group come and present at the Tech Summit to speak about the innovation that they’re learning about. And we had some of our partnering companies then present to this same group of students, how they could move up throughout their careers in the area, through getting internships, finding ways to get into their company, post college, and then the careers that they could eventually have and stay and live and work in this area for some of these larger organizations that call the greater Bentonville area home. So there are some really unique partnerships that we develop that we highlighted the Tech Summit where everyone shares their expertise, and kind of their niche for what they do in tech and how it benefits the community.

Brandon Burton 17:58
Right. So as you’re talking, I’m thinking not necessarily every chamber needs or can even justify doing a Tech Summit, right? Every chamber is different. You’ve seen one chamber, you’ve seen one chamber, right? But as you look at your community, what is that thing that you can get behind? What is that thing that is unique to your region, to your community that you can maybe build some sort of a summit like this, where you can develop those partnerships, because really, what it comes down to is, as Kris is just talking about these things, and partnering with the school district, you’re you’re working on economic development, you’re working on workforce and talent attraction, and in recruitment, and really just continuing to build your region and and attracting people to it. There in Bentonville just happens to be around technology. But it’s exciting. Everybody likes to learn what the latest and greatest what the next next. That’s right.

Kris Adams 18:57
You know, I think you hit the nail on the head. You know, it’s not that the goal is to replicate a tech summit at every chamber. I think the goal is to really listen to your your Chamber members and your constituency to find out more about them about what they do, and what they’re, what their commonalities are, what binds them together. And where were those shared threads of interest and expertise, because that’s really how the Tech Summit developed was, it was a natural fit for the organizations and members in our area. And so I think that the chambers do well to really listen to their members to get to know them, to find out what their passions and their interests are, what what are they working on that gets them excited and gets them up in the morning and then trying to see where that connects with all those organizations that are part of your membership that you know, maybe your top 10% of engaged members, you know, what is it that that is that commonality between all of them And then trying to build something big and unique based on that, because where there’s a shared love, and a shared passion and a shared interest, that’s when it’s going to be most natural, and people will get behind it so much quicker. I think you hit the nail on the head there.

Brandon Burton 20:14
And maybe continuing on this thread. There in Bentonville. You’d mentioned Walmart, JB Hunt, you know, you got some big companies that logistics and transportation that are their big issues and ways that need to be, you know, innovative going forward. So for the listeners, if you look in your community, think of who are your major employers? Who are those big manufacturing firms in your area? What other businesses support those other big manufacturers or big employers? And how can we align some of these resources to be able to help support them help support the community in general, because I see that kind of a model that you guys have taken here of saying, here’s the big industry in Bentonville. There’s a lot of other industries that support that. Now let’s build something that can support all of them to further develop and create a stronger community. So it correct me if I’m wrong, that sounds like the kind of a template that you guys follow.

Kris Adams 21:17
Oh, that’s, that’s absolutely it. And the beauty of it is to that there are just so many issues that revolve not just around around tech, but just workforce in general. It’s always about talent, attraction, retention, how to benefit not just all that the larger organizations, but the small to mid sized, that are participating in the community as well. And then really assisting those who need help getting access to to be part of this community group, you know, we provide through the Tech Summit, complimentary access to students, educators, entrepreneurs, military and veterans, really just trying to be able to bring the community together around the things that unite us, even those who may not necessarily have thought they could have access to something at this level, and making sure that they feel included and that they can be part of the conversation as well.

Brandon Burton 22:12
Yeah. And I think we’re you guys have really, you know, struck gold, we’ll say or struck oil struggled. For you guys a strike oil is where you found that niche for those those companies in your region. But you, you found that common ground that people can get excited about, you know, people want to sponsor the event, people want to show up, they want to learn they want to know what’s going on. So again, for those listening, what can you build excitement for? But maybe let’s, let’s talk more about the tech summit itself. So you had mentioned it being the largest event of the year for you guys 10 years into it? You obviously have sponsors for it. You mentioned how many people registered and attend and speakers. As far as putting on that event, so it’s multi day? are you renting out facilities? Are you selling tickets to different events within it? Are you just tell us more of the structure of the event itself?

Kris Adams 23:13
Yeah, so the events really revolves around a simple structure for programming. When we do plenary sessions, it’s everybody either all in one room, or all watching one group of people and then a live stream of that to all our other sites. That’s why we did it multisite last year, and focusing just on one thing, one program happening at that moment. And then we do that for a couple sessions, and then move into our breakout sessions where we have multiple tracks going on at the same time. And those tracks then sort of revolve around whatever’s current and trending in tech. This year, we’re looking at some new tracks that we’re going to be bringing out to address sort of the innovation that’s happening now. And it’s in the news every day, we’re focusing on automation and AI, security and privacy, retail innovation, which is the perfect fit, knowing sort of our local community and makeup track on starting up and scaling up for entrepreneurs in the area. And then I track on data science, and analytics is really what we hope to put together. So the event revolves around those big large group sessions, smaller breakout sessions where you can dig in a little deeper on a specific topic. And then one of the things that we know all of our participating organizations love our demo boots, getting to showcase their products, their their toys, the cool things that they’re doing in tech. And so this year, we’re running with the theme of the year of the machines because we want to see everybody bring all their cool tech out last year. We had drone up bring one of their their drones to show off which they They’re a lot bigger than people imagine. They’re pretty hefty. For for flying around. It’s not the Toy Drones that buy off Amazon by any means. We had Tyson Foods bring out one of their robots that actually is automated and moves some of their chicken pieces. And they demoed that and show that off. We had a robotic dog that came out last year, from our friends up near Joplin, Missouri. They came down with some of that really cool tech, people who were really concerned as to what was going on as we had two or three robotic dogs running around the square in downtown Bentonville. Tech Summit, people just haven’t seen that. And so it was, it was fascinating to see. And then, yeah, just lots of lots of cool things like that. Ganic, which if you don’t know them, they do autonomous vehicles, and delivery for Walmart. They’ve had one of their autonomous trucks that drives itself parked outside part of the Tech Summit so that people could take a look at it, and see all the cool little bells and whistles with that. Just fascinating piece of machinery. And just like that’s, I’m a tech fan. I look at something like that. And it scares the living daylights out of me, because I don’t I don’t understand how we even begin to piece something that complex together. Because it all relies even on the smallest of parts comes down to the cameras that read and interpret the road. And then all the sensors. Yeah, yeah. So it’s, it’s so it’s so much more interesting now that we’re post COVID We’re back fully in person. It’s it’s tech that you can touch, see and feel. And that’s really cutting edge and really just fascinating to, to see and hear people share their expertise about, you know, how it works, what it does, and why it’s so vital for what’s coming in the future.

Brandon Burton 26:54
Yeah, yeah, hearing about the the see touch and feel the technology, I can’t help but think of, you know, what used to be the world’s fairs, you know, people would come out to see the, you know, the first ferris wheel or the light bulb or the washing machine, you know, these these things that just blew your mind at the time. And now there’s, you know, technology, it seemed to kind of level out there for a while, and now we’re having more leaps and bounds and technology, and people are excited to see what the future holds. So I’m curious, how do you guys go about advertising the summit? How far reaching Do you try to attract people and vendors and sponsors and so forth,

Kris Adams 27:34
it’s really interesting part of it is that we’ll see a lot of natural growth that happens just as word spreads. As you know who’s coming on and who’s talking at the event. We were blessed this year to have some really high level presenters from Walmart and Tyson and Red Hat that had some great social followings that were kind enough, you know, to help share the event, promote it, we do a lot to promote it within the within the chamber itself to share it among our members. And then we we did some targeted email marketing, television spots, some partnerships with local other organizations, our chamber does not include our sort of tourism department visit Bentonville or our downtown area, which is downtown Bentonville, Inc. But we work collaboratively with them to help get the word out about the event and promote it to people who may be in the area to to those who live and work in Bentonville and make sure that it was on their radar. And so it was really a multi pronged approach as we tried to get the word out and make sure that people knew that the Tech Summit was happening. This year, we’re going to be doing a lot of the same and we really hope to capitalize on some of those people that have brand new tech looking to show it off, we’ll be reaching out to to new companies that that have that shiny, new, amazing toy that we really want to show off. And we hope that if there’s anybody listening, who’s got something like that, that maybe isn’t on our radar that they’d reach out as well. Get in touch with us and let us know what cool tech they’re playing around with. That would be a good fit to show off and demo and talk about at the Tech Summit.

Brandon Burton 29:25
I was waiting for you to come around today. You’re going on these podcasts and promoting it and advertising right. Now, as we start wrapping up here, Kris, I’d like asking everybody that have on the show if you know from the things that you’ve experienced and learned in your time with the chamber, what might be a tip or an action item that you could share with listeners who are interested in taking their chamber up to the next level?

Kris Adams 29:52
You know, I am I’m a fan of always being willing to to take other people’s opinions and insights and perspectives into putting together an event like this, I think that, you know, when we silo ourselves to a couple people to a couple of voices, we can end up with with events that are good, but really don’t reflect the broader creativity that exists when we engage in dialogue with others. And so whether it’s me being the crazy one around the office, shouting ideas into the sounding board and trying to get feedback from my wonderful team, that seriously has no end to great insights, that they’ve spoken into this event, to our committee, our chairs, some of the local players, you know, in specific tech areas, you know, just asking them, you know, hey, what do you think about this track? How can we make it better? What can we do to get really on point with our pro, excuse me our programming, because that’s not my area of expertise. I think dialogue like that is crucial, because that dialogue just makes everything so much more robust and stellar, as we get different opinions, different insights, different voices, at the conversation table to make things more diverse, more interesting, and really make it more collaborative people. People want to come to something that they’ve had a part in building. And so that’s, that would be my challenge. And tip is to engage as many as you can bring as many seats and voices to the table as possible, because you’ll be surprised at how how creative and wonderful people are in contributing to an event like this if just given the opportunity to

Brandon Burton 31:44
Yeah, yeah, embrace that. The ability to be a convener, I would say, yeah. And to be able to lean on the counsel of others to be able to develop something great. So the other question, I like asking, and I’m curious to hear what your response would be being that you’re, you’re tied in so much with the technology space. But as we look to the future, how do you see the future of chambers and their purpose going forward?

Kris Adams 32:15
No, I think the future of chambers is it really, it’s going to parallel a lot of what we see in technology, chambers are going to need to find ways to position themselves as as useful. And as current with what’s happening in the world around them. We’ve, we’ve seen technology come and go so much quicker than we ever have before. We were joking around when we were talking about the tech summit about how fun would it be? We do giveaways of like tech prizes, you know, like VR headset or something like that. We said, How funny would it be if we gave away as gag gifts, like some of the old outdated tech that either never took off? Or that only those of us of like a certain age would remember like it would be great to give out a Walkman. Because it’s no dated now. And I think that that that’s like the prime example of, you know, what, what chambers have to do, they have to find ways to stay current to stay moving forward. And really to think bold, and, you know, dare to dream some of these really high and lofty dreams for how they can continue to best serve their members in in ways that maybe they hadn’t before. I think that’s going to be the continued push for not just chambers, but for all organizations is how do we stay relevant and move forward with the times while maintaining our identity and for chambers, our identities and our it’s not just in our chamber, but it’s in our members in our local communities. And I think that’s that’s the tension that we’ve got,

Brandon Burton 33:42
for sure. Yeah, the the old piece of tech that came to my mind was remember the old Sony memory sticks like not a card but a memory stick that Sony had. But I think you guys should do that you should start collecting the Walkmans and disc men’s and the CD, all kinds of good speakers, the mini disc players, laser disc players. Yeah, just you guys can have a great pool of prizes. So yeah. They might be valuable at this point to I don’t know,

Kris Adams 34:10
it could be collector’s items. You never know. That’s right.

Brandon Burton 34:13
Well, Kris, if anyone listening wanted to reach out and connect with you learn more about the tech summit or anything you guys have gone on there and Bentonville what would be the best way for them to reach out and connect.

Kris Adams 34:23
Yeah, if you want to learn more about the event, you can visit NWA tech summit.com To learn more about our chamber you can visit greater bentonville.com to connect with me directly. You can find me on LinkedIn or you can shoot me an email at Kay Adams at greater bentonville.com I love to talk tech with you about chamber things in general and religious Get Connected always. Like I mentioned always want to hear another great voice and opinion to chime in to the conversation. Who knows what a great idea you might have to share. Love to hear it.

Brandon Burton 34:55
Awesome. Well, we will get all of your contact info in our show notes for this Episodes and people can look it up and reach out and connect with you. But, Kris, I really appreciate you setting aside some time and joining us today on Chamber Chat Podcast and sharing about the exciting things going on with the NWA Tech Summit. And things you guys have gone on there in the Bentonville chamber. I really appreciate it. Thank you, Brandon.

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Chamber Utility for NFTs with Ronnie Russell

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Brandon Burton 0:00
This is the Chamber Chat Podcast, the show dedicated to chamber professionals to spark ideas and to get actionable tips and strategies to better serve your members and community.

Hello, Chamber Champions. Welcome to the Chamber Chat Podcast. I’m your host, Brandon Burton. And it’s my goal here on the podcast to introduce you to people and ideas to better help you serve your Chamber members and your community.

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Kris Johnson 0:41
Well, Doug and Bill at the Holman Brothers have been a key ally in growth for my professional career working at three different chambers, a local chamber, a regional chamber, now a statewide chamber. And they’ve been the ideal solution, whether it’s a comprehensive training program, whether it’s working on individual sales growth, quarterly check-ins with the team, the ability to grow members has meaning more assets for the organization, more assets means we can do more things to serve our members. They’ve really been the perfect solution for us, a trusted resource partner and a growth partner for us all along the way. So hats off to Doug and Bill for their great success. They’ll be a great partner for you as they are for us.

Brandon Burton 1:23
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Our guest for this episode is Ronnie Russell. Ronnie is an active duty retired infantry men from the United States Army with 22 years of service. He’s been deployed to Iraq twice and Bosnia once and has been awarded the Bronze Star, the Meritorious Service Medal Joint Service Achievement Medal and numerous Army Commendation Medals. He’s also a former infantry drill sergeant at Fort Benning, Georgia, where he has dedicated countless hours to training American sons. In 2010. Ronnie was nominated for the NAACP Service Award, and was the 32nd, recipient of the blacks and government Award. He is also co founder of the Texas Black Pages, a black business directory that represents 254 counties. He currently serves as the president of the Innovation Black Chamber of Commerce in Greater Fort Hood, Texas area.

Ronnie, I’m excited to have you with us today on Chamber Chat Podcast, I’d love for you to take a moment to say hello to all the chamber champions and share something interesting about yourself so you can get to know you a little bit better.

Ronnie Russell 2:37
So, again, thank you. And I appreciate the platform itself and for everybody to know and understand Cambridge business, dedicated business. So for some time ago, I was trying to figure out, like the why, because the area where we are at the Greater Fort Hood area where we’re dead center between Waco and Austin. But there was no economic representation in the Killeen Fort Hood area. So of course, I’m going out, I’m going to other chambers asking them like, can you bring a satellite chamber in our city? And I did that for a while, but then I was like, like, why am I gonna ask someone to do something that I have the ability to do myself. So I say that to say, programs that your city don’t have created, resources that your city might not have, go out and find it, and bring it into the city. So just keep looking, keep striving keep adjusting, then everything is gonna work out.

Brandon Burton 3:44
And I love that you just took control. And did it reminds me of that quote from Gandhi, you know, to be the change that you want to see in the world. So nobody else is doing it, then, you know, take it on and be the change yourself. So tell us a little bit about the innovation Black Chamber just to give us an idea of, you know, scope of work, the size, the number of members budget, that sort of thing, just to kind of give us an idea and perspective where you’re coming from before we get into our discussion today.

Ronnie Russell 4:15
All right, so the innovation Black Chamber of Commerce was launched in 2019. February 16. Two weeks later, COVID hit so we’re locked in the storm. But we weathered the storm. And that was the great thing about it because at the time, you know, a lot of organ bladder, other organizations, especially the more senior Chamber organizations, they were in in person meetings and meet and greets and whatever it is, but it took time for those to transition into the digital aspect. And we started digital. So because we started digital, we started creating workshops. We started developing new systems from the digital aspect. So we were, like the formalities of how and who we are. As a people, we’ve always gone to in person. But the hybrid is something new. So because we started digital, and now we’re at with the in person, hybrid is a development of pulling people in that haven’t seen faces in a long time, and allowing those who are not comfortable with getting in front of physical, a physical audience to keep them safe. So we develop through that time. We’ve been averaging at least 86 members a year just just growing and expanding and developing. Um, the reason why we’re called the innovation Black Chamber of Commerce, because we didn’t want to get fixed into the constitution and bylaws in restricting us by staying in the city of Killeen, because it allows us to move as fast or as slow and develop and grow into other outlying areas that do not have a demographic representation of a Black Chamber of Commerce. So we have members in Killeen, of course, Fort Hood, Parker, hi, Temple, Belton. We’re out Copperas Cove huddle, Round Rock, Georgetown, because those cities that are major within population, and rich within resources don’t have didn’t have and still don’t have a Black Chamber representation. So it allows us to maneuver in that space. So we’re as fluid as possible without the restrictions of, of the city, or county line. But we’ve grown considerably, I think the first year our budget was only like, honestly, like 25 27,000, because we were we were digital. So it wasn’t that

Brandon Burton 7:03
we didn’t have the rent and everything and all that.

Ronnie Russell 7:07
Correct. So then the budget second year, changed to maybe about 5055. Because now we were buying more things and developing more assets and digital assets as well. I do a lot of stuff. I’m a creative, I built the website, I do all the graphics, I do all of the marketing, I create everything that is needed. Like even the NFT that we develop, I did all the r&d and in bringing that to fruition. So I’m just blessed to have the ability to create where a lot of other chambers who don’t have that, that marketing in house, they have to pay that. And now it’s an expense. I don’t have those expenses of marketing, because I do it myself because I’m social media certified, as well as meta certified as well. My next certification I want Google, but a lot of that stays in house, but we were blessed. And in in the transition into our third year. Now we we I think we, the 990 has data like 108 108,000 hours, okay, and it’s just, it’s just the beginning for me. And knowing what we have. Now we have 251 members, we just we have we got a bank that we just been developing with. And last year, they put in like $2.5 million into our membership with over 750,000 in deposits and transfers into the bank, they just been doing a phenomenal job with helping us out. We’re kind of a hybrid. And I say that to say we have a lot of community engagement, as well as a lot of business development. At the same time, because we have to speak the language of the community by also understanding that we have to advocate for the business community and bring in and pull in those resources at the same time because in our area, we don’t have a CDFI at all. The closest CDFI of people fund and lift fund and Texas mezzanine as well as what’s the other one? I forgot the other one but those CDFIs we don’t have. So I have to go out like now I’m in Austin right now after go out of our way to find the non traditional funding resources and bring them back in into the city so it’s I’m not gonna call it hard work. It’s it’s a worthwhile journey. Yeah, that that I don’t believe how As a final destination, but we will always be reshaping reforming. And we’re going into changing out membership now because, you know, we hit our third year. So we’re bringing in new board members, the the, the original board members, some of them are transitioning up through the advisory board why we bring in new blood membership is changing. Seats, the our EDC is changing seat. So we’re just just growing and developing and reshaping our corps.

Brandon Burton 10:38
That’s awesome. It’s great to have that perspective. Congratulations on year over year doubling your budget. Yeah, hopefully they have clips going in the foreseeable future. So as we have Rodney on the podcast today, we’re going to be focusing our conversation around the utility that chambers can find within NF T’s Ronnie had mentioned to kind of drop that in there as he was talking about it about the chamber that we will dive deeper into that discussion as soon as we get back from this quick break.

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All right, Ronnie, we’re back. So I know I mentioned this to you before we hit record but for everybody listening, the way this kind of developed is I’m part of a small mastermind group of you know, a couple other people that service the chamber industry. And as we were meeting one evening, I was kind of sharing my vision with them of how I see chambers embracing, you know, chambers, the future embracing NFT technology for whether it be for membership or ticket sales or access essentially, a lot of times people think of NF T’s as being you know, eight images and stuff on these blockchain networks. And I think there’s so much more utility to NF T’s that chambers of Congress can really get behind and whenever you look at a an NFT project, they always talk about building a community around that project. And like you know, bingo, you know, lights went off for me and then chambers are all about building communities. So how do we integrate these two chambers of commerce in fts. And while we’re in this mastermind meeting, one of the members of our group did a little Google search for chambers and NFT. And, and Ronnie pops up that the innovation Black Chamber they have incorporated and NFT for ticket sales. So Ronnie, tell us about how that came to be, and how you went about the development of the NF T and maybe a little bit of background. So for those listening who may not be familiar with what an NF t is just to kind of bring them up to speed real quick before you dive in.

Ronnie Russell 15:37
Right? So for me, again, I wanted to be innovative in an in our approach. But in being innovative in the approach, you have to create something new and you have to create something different. So let me read to you what the NFT is, it’s first of all, just to make sure that everybody knows because a lot of times we see it as we’re more afraid of the early adoption of it. And because we’re afraid of the early adoption, then we don’t feel like it’s something that it’s something that that like we can be a part of. So NFT is a non fungible token, which means that it is unique and can’t be replaced. It is the physical is a contrast physical money and cryptocurrency. So the cryptocurrency space is, is volatile. I mean it goes up, it goes down, it goes up, it goes down. But the one thing that makes that make your NFT different is it will always have value. So what we did with ours, which we actually launched it last year, because we have a we have Texas Black Business Week, which is every second year I mean every second week of February, every year like we’ve been doing it because originally Texas Black Business Week was Texas black pages. And when when I when I launched the chamber I yielded over two IVCC because I didn’t want to compete with my own in my own city with my own events why yielded over so what we did with it when we created the NF t. So I found someone because being with Texas blank page, we have over 17,000 businesses listed within a directory. So I found a SaaS company that also build in our T. So I reached out and told him what I wanted and wanted to create a ticket item. So what happens with your ticketed item, you have to have several other platforms with metamath as well as open seat. So meta mask is where you’re going to have your cryptocurrency storage and you have to have a digital wallet. So that’s your grinder wallet. Right? Correct. Correct. And then you’re going to have to go to open sea and create that account for your crypto wallet to send the money to as well as when people buy it. So what happens is, let’s say you and your organization create the cryptocurrency non fungible token the NFT he created early adoption. So when our our opening ceremony for the Business Week, we gave away 10 fungible tokens. Well, once they give away, we have complimentary, complimentary 10 fungible token. So now that creates the early adoption, because a lot of people want to receive something that they didn’t have to pay for. So the early adopters really begin at that time. So then we did the early adopters, because we created 100 of them. So through the early adoption, we got people to want to go and find out and do research, what NFT was, and how is it beneficial for them. So the NFT that they’ve gotten at no cost to them, already had $100 value on it. So now, that $100 value for them, they got it at no cost. So then what happens is they want to go and buy more. So you as your organization, and when people purchase those NFPs they’re getting money. I mean, you’re receiving income from it. But now it holds value on there, and it’s kind of like buying stocks and bonds, but then when you buy it and then however the market fluctuates, then the value increase, but your cryptocurrency holds a much more stronger baseline with the value of it. So it just helps you out a whole lot more. Now we haven’t transitioned into the website of having a crypto platform where you can get your MBA estimate of your membership by purchasing your your membership through cryptocurrency. But we wanted to do it with events just to test the market. So if you’re thinking about going into the NFP perspective, figure out how are you going to do the early adoption? Because the early adoption is going to get people interested in learning more about what cryptocurrency is, and then you as an organization, you begin to figure out how is it going to benefit you in the organization as well, because because you’re a 501, C three, and they’re right there, they’re purchasing these products. Now they want to write it off, but the value still stays. They can write it off, but it’s still worth 100 hours. So they didn’t lose anything. Yeah,

Brandon Burton 20:40
no, that’s a that’s a neat perspective. And I love how you guys really focused on a trial with a specific event to see, you know, to build out the technology, see how it works. Go about educating your members about it. That’s uh, one of the hurdles that I see is with chambers adopting NFT technology is educating their membership base. So did you take any special steps to educate with this event? Did you just do NFT tickets? Or did you have traditional ticket sales two, sorry, two questions. And one, they’re

Ronnie Russell 21:18
both, we actually did both. So what we did is, of course, here we have the tangible ticket, and the non tangible tickets, of course, which is the NFL, the NFL, the non fungible token. So we tokenized our tickets. I’m gonna say that, again, you tokenize our tickets through the NRP, which is the non fungible token. And what we did was, we had the company that created the NFP itself, actually have them host, a Digital Workshop on Zoom, to get people to be much more educated on what the NFC was. So then the individual that won those non fungible tokens, then we had an additional workshop because they had to show them how they bow to receive it. Because once you receive once you want the NFT, you have to now be able to receive it. So I had to go in, get the go into open See, get the alphanumeric code, and then take that code and then send it to your account. So one, because you want that doesn’t necessarily mean that the work is over with no, you still have to download metamath, you still have to download and create an open sea account in order for me to thin your new cryptocurrency or your new NFT to you in order for it to digitally show up in their in their open sea.

Brandon Burton 22:57
So for those listening, so meta mask is going to be your crypto wallet that you use to receive these the NFT. In exchange crypto, it’s your storage, your wallet, that’s where you host these digital assets. Open see is more of that marketplace, right? Where you can post the NF T’s for sale. And there’s also an aftermarket right for NF Ts. So with this specific NFT that you guys created, is it good for the one event? Is it good for future events to how does it retain its value after the one after the event that you sold them for?

Ronnie Russell 23:37
Again, as cryptocurrencies so the value stays. So we can either repurpose it, or we can keep it as is because right now when you go to Open see you type in innovation, Black Chamber of Commerce, you’re going to see the hologram ticket that was created. So say this year, we’ll say this year during Black Business Week at the launch, we say now we’re going to offer a minted non fungible token from last year. So now the value is going to increase because last year’s price is not today’s price when you when you look at it, so you can just repurpose it and do the same thing. Or instead of doing a complimentary because the education has already been there. So now you can say today’s value, even do a silent auction silent auction with the NFT. So and then again, it’s going to gain more money from the donations of it. So now the winner again, they get the same thing as everybody else who did it with a complimentary service, because they’ve seen it before they understand it now. Well they have a knowledge base about it. So then if another way to do it because even to what you’re selling oxygen because it’s an NF t you take it in Put it on a big screen TV. And it you know in a rotates and everybody see you get the oohs and ahhs and stuff like that. So now through the silent auction of NF T’s, you’re going to make money. And again, in the person that purchased that NF T, they’re going to then take that whole purchase that purchase order that they’ve gotten from the NFT. And they’re gonna write that off. So you’re gonna get money from the silent auction, and they’re going to have a NFT, that they’re going to have value. So now another thing that I want you to know, when they purchased that NFT, and it’s being bought, the value of the NFT, that you have less, I mean, you have left now and goes up, because it’s purchased. Another thing that people can do what your NF t is, because it’s on a marketplace, people can go to like, now we’ve had a couple of hits, because again, open sea is an open market, we had a couple of hits, and people coming in and looking to buy our NF tees and and go through a whole auction process to where they said, Okay, I purchased it for $5 Somebody come out and see it, like no app purchased it for 10. So it just creates an ongoing marketplace by just doing one thing, by allowing yourself to be an early adopter, in creating something that, that that has a lifespan as long as it still exists in the market. Yeah.

Brandon Burton 26:28
So about two years ago, that’s when I was first getting introduced to NF Ts and and I you know, purchase Bitcoin and stuff. But prior to that, but the NF T’s were really starting to come on the scene. And at the same time I was in the process of creating a podcasting course to teach chambers had a podcast, we had a podcast. And the idea hit me, you know, if I created a limited amount, say, you know, 10, or 20 of the podcast courses, but tokenize it as an NFT. And then sell it. So once the chamber knows how to podcast, they don’t need the course anymore, they can resell that and in essence, be marketing to continue to market that course to other chambers. And you could build in a royalty with it to to where maybe you get 10% back on each resale. So it continues to be sold and promoted and produced and pushed out there. I didn’t go that course just because I didn’t have the technical know how to pull it all together. But in concept at that that could be a great utility, whether it’s a chamber or anybody else with courses in the future. But what are some other utilities that you see on the horizon for chambers to utilize and FTS and cryptocurrency?

Ronnie Russell 27:46
I mean, membership, but that’s really if you’re, if the community that you’re in, is really strong as a real good knowledge base, what NF T’s and crypto is and even offering NFT workshops for your members. I mean, even if you excuse me, even if you don’t use it to tokenize some of the things that you do, but you can still offer it as a workshop for your members as well as a workshop for the community. open sea has a grant that they do in order for awhile to assist you with teaching about the NFT process. So there’s grant money that’s out there for innovation. And that’s something that you can use to add into the scope of work with with your workshops, because it’s still early adoption, it’s still early, you know, even though it’s been out for maybe two years going on three years, it’s still early adoption is less than five years. So it’s still early Within those stages, though, I will say just take a look at it and see if it’s beneficial for you for one. And then from those benefits. Now you can add it as a benefit for your corporate sponsor. So they come in, they pay 5000 10,000 15,000 3000, whatever it is, and now that comes with the NFT. So now that corporation or that sponsor that you used to come in at a certain level, like say for your chamber banquets, or your community engagement events, so now you can tokenize their sponsorship by creating they’re taking their logo, of course getting permission, taking their logo and tokenizing their logo to say that this is the 2023 sponsor for whatever. So now you tokenize it so now you’re creating value even after the event is over. So now the event forever lives on because you have tokenized their support

Brandon Burton 30:00
That’s awesome. Yeah, I would follow a similar model, I think that you guys did as you look at memberships. So maybe you don’t do it for your entire membership and maybe a segment, right? Maybe you look at your young entrepreneurs, and you can have, they tend to be some of those early adopters. And if you can explain that, you know, membership for young entrepreneurs is done through an NF T. And that’s gonna get you access to online trainings, and all these different things that are focused for the young entrepreneurs. And then as they grow up, you know, through, you know, their business life through their, their professional career, you slowly start to integrate that throughout the rest of the chamber memberships. And, you know, if that young entrepreneur were to get a different job, or to, you know, heaven forbid, you know, move out of the community, they can either hang on to that as a valuable non fungible token, or they could go to somewhere like open sea and resell it, and be an advocate for your chamber and continuing to sell memberships. I think there’s a lot of utility there. Right? So going back to the ticketing, so you tokenize a ticket as as people showed up to the event, how do you go about you know, accepting the tickets as it you know, a paper traditional paper ticket versus ticketing on an NFT that they pull up on their phone?

Ronnie Russell 31:22
Well, on your back office, open, see, it actually, lets you know who actually purchased it. So they just create your your normal atom analog list of what you who purchased it, and then they come, then they can either they can show it, and then they can then you as organizations still line that particular NFT, owner and ticket purchaser off on your list. So it’s not something out maybe in the in the foreseeable future, which I do know there is a platform that that does do tokenized ticketing, so they can create that tokenized ticketing. And then I believe they do have a QR code, so they can check you in kind of like you do with Eventbrite and other platforms. So I think there is one that’s out there, I did find one, but I went, I wanted to go more. So more so with a open sea account, as opposed to just that one ticket item on that platform. Because once it’s over, it’s over, open feed, keep it a lot longer. So that that’s what we did. And that’s why I made that decision on not just using it as a ticketed items, but use it as a item for ticketing, which extends the life of the event.

Brandon Burton 32:41
Yeah. So I know there’s been a lot of examples out there of entrepreneurs that have launched NFT projects and communities around it. The one that comes to mind is Gary Vaynerchuk, right with his V friends. So maybe rather than going into the whole story of Gary Vaynerchuk, and V friends, people can Google that and get, you know, the background on what that was, but maybe just in a nutshell, he created these little animated characters. And anybody that bought these NF T’s, there’s like 10,000 of them, they would get access to his annual conference that he does for his fans for the next three years. So that one NFT purchase retains its value, you have an image that’s tradable, it’s non fungible, it’s your own, you know, your own property that you purchase, then there’s a lot of after sale market on that, but it retains the value for the next three years, especially with access to his conference. And then he does these airdrops and you know, other, you know, giveaways to those holders of his NFT. So, it incentivizes people to hang on to it and continues to build value on that. So, I just mentioned that put it out there. So chambers can think of other ways to maybe build on the technology and see the offerings that their chamber has to offer and, and see where some things might like that. But Ronny is, as you’ve gone through this experiment, was it worthwhile, would you do it again?

Ronnie Russell 34:16
Um, would I do it again? I will, I will approach it differently. Okay. What lessons did you learn do it again? Yeah. early adoption is is is hard with different age groups. My city the city of Killeen is a young city. But when it comes to Chamber members, a lot of them are older. So the early adoption with the older Chamber members in them is the devil like, I already don’t like to get online with you trying to shove this down my throat. Like I don’t have a habit pay for it. So I, I would do it differently. Like I would pose several NFT workshop, and just invite not just your members, but invite the community to come and be a part of it. Because now when they see your your chamber, actually doing something with NF T’s, then it allows them to feel like, okay, that’s a place that I can go to, they won’t make them feel like the chamber is a nursing home with a bunch of old people in it, right? But it allowed them to say, okay, they talk in my language. And let me go in here and see how I can be an asset. Like maybe you can begin to develop a digital committee and everything in a digital committee is totally different than just marketing is actually digitizing the process, assisting members with digitizing their paperwork, and it just totally changes the game when you’re speaking the language of the youth. So now they want to be a part of what you’re doing, instead of just being what their thing is. That’s what old people. So I will use that the early adoption workshop prior to launching in a ticketed item NF T with people who are already afraid of going online.

Brandon Burton 36:23
And that’s so important for just staying relevant as a chamber going forward. You don’t want to push your your longtime lifetime members do something new, that’s going to push them away. But for those early adopters, and to be able to continue to stay relevant, maybe do it for a segment of your of your membership population and just slowly integrate it. Was there a cost involved with creating the NFT? What does that look like you You said he had worked with the SAS company?

Ronnie Russell 36:52
There there. I think we were there. Maybe third client, okay. It wasn’t expensive. But even after we came, we had two members that we sent to them. So we got kind of, you know, some some money on the back end. That wasn’t how it started. It was like, you know, what you brought us to clients. So this is what we’re going to do for you. So it was kind of a good give and take, when it comes to I think we only pay maybe 450. Okay, for it. So again, it wasn’t expensive. But their work was good. But I will say if you’re thinking about going into the NFP look at their work, go to their open see account, and ensure that you’re getting something that was that is tailored to you and your organization. The one thing that I would do different from a design perspective, is to ensure that the design that they’re doing for you doesn’t look like somebody else’s design that they did. Because they they did a blockchain, you’re like, Oh man, that’s nice. But then you go to the, to their open sea account like, man, one thing you did to take my take their logo out, put my logo in, and then you change their color. But my color. Yeah. So make sure that you create something that is tailored and designed for you. And not a you universal and then like everybody else that they’ve done.

Brandon Burton 38:24
That’s good insight. As far as pricing the NFT. Did you price it in dollars or Aetherium or Solana or what did you price it in?

Ronnie Russell 38:34
It wasn’t Aetherium they use the theory. Okay? Because they had also look at, like, what’s the cost of the of the week that we had to deal with? So it won’t be I’m charging you this month, I mean this much. But then you got this much and gas fee. So you’re like, Man, the value ain’t the same or more because you got hit with so much. So many feeds with just purchasing it. So again, the company that went through using Ethereum, so it would depend on like, even when you’re doing it, make sure they’re there, they’re open enough to educate you about it and educates you through the entire process. Like it’s kind of like the customer journey. So have them walk you through the entire journey like like, I am the person that is purchasing the NFT now walk me through it, boom, boom, boom, boom, boom. Right. Now, I’m

Brandon Burton 39:31
just curious from a back end side of it, do you do you keep those sales in Aetherium? Did you convert it back to dollars as you put it into Bitcoin or how did that look after the sale?

Ronnie Russell 39:43
Of course the market fluctuates, but keeping it in, in the in the crypto space, it allows that to be a market that your marketplace so then when you do want to convert it and push it through your metamath gives me send it from Coinbase to traditional bank. I wanted to keep it any theory and because at the time the market was fluctuating as far as the cryptocurrency was was going, so I kept it in there. It’s kind of like, if you take it out too early, now you lost all this value because it unhit again. So I kept it in there.

Brandon Burton 40:22
Okay, good deal. So as we start wrapping up, I wanted to ask you for any chambers that are out there listening that are looking to take their chamber up to the next level, what tip or action item, might you suggest whether it’s related to the NFT space or anything else? What What would you have to offer?

Ronnie Russell 40:42
This, don’t be afraid of technology. Like our three buckets in the chamber itself is Business Technology, and veteran. And I want it to ensure that there was a technology agenda. Because a lot of people are afraid when they hear the word technology because there is a there are developed fears. When it comes to technology. Just because you don’t know doesn’t mean that you can’t find out. And when you begin to find out, that’s when you become an asset to be valuable to those who need the information that you just obtain. So don’t be afraid of technology, learn the technology, understand the technology, repurpose the information that you that you just found.

Brandon Burton 41:32
That is a that’s a great tip there especially like repurposing that information that you find. As we look to the future of chambers of commerce, how do you see the future of chambers and their purpose going forward?

Ronnie Russell 41:48
I think chambers need to be more of a conduit when it comes to crowdfunding. Because for us we do a lot of giving. And because we do a lot of giving we we we have a lot that we receive, like for our Juneteenth festival is actually crowdfunding. Okay, it looks like a festival to the eye. But on a back end. It’s it’s a program. It’s an economic program. We give away 10,000 hours a year, during our Juneteenth festival, first prize, get five second, get three. And third, get to. So as the sponsors pay into your program, repurpose the sponsorship and pour that back out into the community. Because the community is where the members lead. And the community is where who go and support the business that are not your member. So those members that are not your members seeing what you do, because for our Juneteenth festival with the June team, grant, it can be a member or not, that come and be a part of it. But when you’re an asset from a economic perspective, so then it becomes a resource and a value to the community because you have value and you have valuable value is something that is presented valuable is a resource, it is a resource that then becomes duplicated, because it is always going to be needed, because it was always going to meet a need. Because problems is just a need that meet a need that that that needs to be met. So look at what needs need to be met, and then create a program that meets the needs of the issue.

Brandon Burton 43:50
I love it very well said. So, Ronnie, I wanted to give you an opportunity to share any contact information for listeners that like to reach out and connect and learn more maybe about building an NFT or looking for a referral to the SAS company that did this for you what, what would be the best way for them to reach out and connect and learn more?

Ronnie Russell 44:11
Yeah, so you can find and follow the Innovation Black Chamber of Commerce on Facebook, Instagram. Going to website innovationbcc.org. There’s lots of social proof that’s out there. So if you want to send an email, you can send an email to info@Innovationbcc.org or you can give us a call at 254-415-9951 and I’m in the heart of Texas, Central Texas. So I have no issue with with coming and speaking whatever it is, is at no cost to you. I will pull up and show up longer it means that I’ll pull up as though

Brandon Burton 44:58
that is a great offer right there because Ronnie covered a lot of valuable information with us today. I hope everybody was taking notes, maybe re listen to this one again, dive in a little bit deeper and learn more about NFT technology and see where those overlaps are for your chamber for your community, how you can apply this sustain relevant going forward into the future. But Ronnie, thank you so much for joining us today for sharing your experience and how you guys have gone through this and, and really just painting a picture of how NF Ts can really meet a need for Chambers of Commerce. I really appreciate that.

Ronnie Russell 45:36
So thank you for that.

Brandon Burton 38:24
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Chambernomics with Don McCoy

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Below is an auto-generated transcription of my conversation with Don McCoy. Because this is auto-generated there are likely some grammatical errors but it is still a useful tool to search text within this podcast episode.

Feel free to join our Chamber Chat Champions Facebook Group to discuss this episode and to share your own experiences and tips with other Chamber Champions.

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Introduction

Brandon Burton 0:00
This is the Chamber Chat Podcast, the show dedicated to chamber professionals to spark ideas and to get actionable tips and strategies to better serve your members and community.

Now, your host he would like to hear what your biggest obstacles are. Right now are your chamber. He’s my dad Brandon Burton. Hello, chamber champions. Welcome to the chamber chat podcast. I’m your host Brandon Burton, and it’s my goal here on the podcast to introduce you to people and ideas to better help you serve your Chamber members and your community.

Our title sponsor is Holman Brothers Membership Sales Solutions. Let’s hear from Diane Rogers, President and CEO of the Rancho Cordova Area Chamber to learn how the Holman Brothers have provided value for her.

Diann Rogers 0:47
As a medium sized chamber, we recognize that it’s absolutely critical to have a well qualified and well trained membership development person. Holman Brothers trained that person, recruited that person then they even trained me on how to manage that person. We’re grateful for the support we got.

Brandon Burton 1:01
You can learn more about Holman Brothers Membership Sales Solutions by visiting holmanbros.com. 

Click here for a FREE trial of Next Level Coaching from Holman Brothers.

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Guest Introduction

Our guest for this episode is Don McCoy. Don is the current president of the Fulshear Katie Area Chamber of Commerce in Texas and he has been since its inception in late 2013. Don has played a vital role in growing this local chamber from only a handful of businesses to becoming one of the fastest growing chambers in Texas with over 600 business members. Don is a seasoned marketing professional who brings over 40 years of experience to the table. He is an idea guy who excels at marketing, project management promotions, public relations and event planning. He has the proven ability to mastermind and lead creative teams energized clients and the ability to achieve objectives in an effective manner. In addition, Don is and has been an accomplished actor, director, producer, spokesperson, Master of Ceremonies and motivational speaker. He’s appeared in directed and produced several movie and television programs. He can be heard saying I’m really famous, but nobody knows it. Dan is a graduate of Stephen F. Austin State University with a major in management, marketing and a minor in Spanish. He speaks Spanish fluently and he’s lived and grew up in Venezuela, Mexico, Scotland, England and Iran. He’s also travelled extensively throughout and around the world. He currently lives in Cinco Ranch Katie, with his three legged Husky Wyatt. Don, I’m excited to have you with me on chamber chat podcast today, I’d love for you to take a moment to say hello to all the chamber champions and share something else interesting about yourself. That’s a great bio.

Don McCoy 3:24
Well, thank you very much, Brandon, it’s a real pleasure to be here. And i i Hello chamber champions out there, I hope today we can give you some nuggets of knowledge that might help you in any way, shape or form. I think you kind of hit all the highlights there i i guess probably some of the things in my background, everything you’ve ever done. And I will tell you this, regardless of where you came from, when you used to say you were an actor, it used to be a really what restaurant you work at, because it’s not necessarily a full time job. But you have seen me you just don’t realize maybe you have but meaning a lot of celebrities direct your lifetime and being in that type of business and even waiting tables. You know, sometimes you’re wondering why why am I doing this or, well, God has that plan. And, and I have found that everything I’ve experienced in my life up to this point, has led me to this job as a chamber, CEO and president. I use all those skills somehow, some way, whether I’m in front of people, I mean, I used to be the king of medieval times performing in front of 1000s of people nightly, and you get used to crowds and and as a chamber. Executive, you need to be able to have that way to ad lib skills to communicate with large, large groups of people or this the ideal person. And sometimes our job Brandon requires a little bit of acting skills, you know, you got to look interested you got to pretend you’re interested in what you’re hearing. and you know all the myriad of questions us chambers get all the time. And it’s important to that person they are they wouldn’t be asking but to yourself behind the scenes you made one. What do you call me about a category or tree for? Yeah, no, yeah. But I always say look at students use it over acting. And always provide a solution, whether I can get the cat out of your tree is inconsequential. But if I can get someone to call or someone that will definitely help you that you can mention my name, and it gets you through the gatekeeper a little bit, then you become a real key person, which we’ll talk about later have influence in your

Brandon Burton 5:38
community. Yeah, like that. I like that response. Before we get into our topic, tell us a little bit about the Fulshear. Katie area Chamber just to give some perspective where you’re coming from, you’d mentioned about 600 members in the bio, but tell us about the staff budget type of work you’re involved with and things like that.

Don McCoy 5:57
Right? Well, right off the bat. It’s, I’m glad my team is in here to hear you say staff, we don’t use the word staff we use. We’re all one team. But it was in late 2013, that this community had a number of businesses, but they felt they weren’t being representative. So representatives. So they wanted to start a chamber rather than being a business division of another chamber. And so I just happened to be at the right place the right time back visiting here at home and my brother had moved out here to Fulcher and Fulshear. Katie, it a lot of people will say we’re out. We’re west of Houston. But I like to tell everybody, Houston is east of us. And they’ll make themselves to start right. That’s right. And, and we weren’t just the Fulshear chamber, but Katie’s and other town, and we have just grown exponentially. This area is a very high growth area. And maybe that’s why our phone is starting to read even more and more. But there it is high net worth high growth. Look it up. It’s crazy. I mean, our town is, I think the second safest town in Texas, I have to do the shout out my brother happens to be the police department Captain here. So

Brandon Burton 7:09
he’s doing his job, then.

Don McCoy 7:11
Yeah. So we started out with just a handful of businesses. And then you know, we kind of picked the low of the low hanging fruit and me not knowing really, I knew what chambers did. But I wanted to make something that was truly different. That was tangible, that was a benefit to the members, and really bring something to the table. And so we did that, and we’ll talk about that a bit. But it started growing and going and it Swilly on personality, there was no cliques, people sit, this is sort of different, I go to the meetings, I feel different. Everyone is welcoming. And I’ve put in a thing called BFF. You know, the best friends forever, we had a we call it a B Fulshear. Friendly. And we kind of stole that a little bit. And then we say, you know by Fulcher and it just started to take off and people gravitated to it and nothing helps you better than word of mouth. And now we’re at 630. Members. And you know, I’m just was naive at the time, even up to this point and going, Okay, we want to reach a it’s not the amount of numbers, it’s the quality of members you have. And, you know, I understand the 630 is a large chamber. Okay, I mean, now that I’ve gone through IOM and everything, I get it, but in the beginning, I don’t know, I’m just trying to help people. And our budget runs anywhere about about 400k a year. So we’re still the least expensive chamber in the area when it comes to your dues. We are on the not tear does. We’re just you got one level, second level third level. Yeah. And, you know, at 325 a year to be to I tell people, we’re never cheap. I hate that word. But I tell folks, we’re the least expensive marketing dollar you could ever spend. And you’re in anything that you do to get your business noticed, noticed and recognized. Because you’d go out and spend money, companies on advertising and things like that. You’ve got to educate what a chamber really brings to the table. Besides being the representative at the table of government, we also offer a lot of tools to really help your business get a foothold and an inflationary times during COVID We were met with all those same challenges, and we continue to grow. So I think that’s a real testament to really focusing on what the needs of your members truly are rather than what yours are internally. He’s right

Brandon Burton 9:49
yeah, so I can tell you’re a marketing guy, you know, just the way you rephrase cheap to be in the least expensive marketing spend. Yeah, yeah. And it’s uh, yeah, There’s a lot of value in that. So that’s a, that’s great. But here’s

Don McCoy 10:03
what’s crazy, you know, Brandon, we we’ve started out with just me. And then I hired another person. And then we had a third person now just had a third person, retire the God bless her and she doesn’t have to. So now it’s back to two of us. And I never thought I mean, we’re finding how to be more efficient and reliant on the technologies that are available to us to manage a 600 plus chamber with two people, it becomes a bit of a challenge, but we’re doing it so don’t negate what the technology can help you.

Brandon Burton 10:36
Yeah. Now I can imagine and I like your introduction to the chamber world, you kind of had blinders on, you know, I don’t care so much what others are doing. I just want to go help people and I do it the best way I know how and it’s really taken off and served served you and your members very well. So that’s. So for our topic of discussion today, we settled on the topic of chamber nomics. So we’ll we’ll dive into what that means and everything as soon as we get back from our quick break.

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Don, we’re back. So chambernomics. Tell us okay, what is chambernomics mean to you as you, as you look at that word, it looks like a word that that’s been made up. So what does that mean to you? It looks like a blend of economics. So I

Topic-Chambernomics

Don McCoy 14:13
gotta give a shout. Rachel, who’s our VP of membership? She’s the one that we were just talking about, you know, training and Euro chamber 101. And a lot of chambers have, you know, when you join the chamber, here’s what you learn how about chamber and what it can do for you. And she came up with this chamber nomics. And I said, that’s, that’s beautiful. And so immediately, I went right to Google, I mean, the GoDaddy and I, it’s available, I bought it. So we own chambernomics.com. And, and then we coordinated that with our back office, software provider, chamber nation. And I now represent chamber nomics. And what that means to us is dedicated to we explore all kinds of issues and ideas relating to your Business, the economy, the community, it’s all written right there at the top. And I’m reading off of it. And, you know, it’s sort of I’m an idea guy, and it’s just an Idea Factory on how to what other things can I bring? Or can we make that or make our businesses really want to be in the chamber? And as we say, in chamber world, you know, those golden handcuffs? You’ve heard that before? Those are the things that if I leave, if I leave the chamber, I lose this. And then so it’s a real retention tool. Now we use chamber that is on a nationwide basis, the Chamber nomics is teaching them how we can you help their business get better. And there’s a lot of links in there that you can go look at and things like that, and chamber nadex.com. Now locally, I use chamber nomics as a as the name of our training. And so we do a chamber nomics class, the first and last Tuesday of every month at a different restaurant, and we eat first, and they happen to have a private room. And then we have video, and I get on, and I show everyone, hey, here’s how you upload your flyer for your upcoming event. Here’s your press release. And when you submit your press release, it goes out to all of our media contacts through our software. We just teach them all the different advertising tools and how to upload your video because sometimes, people learn in different ways. And people learn learn one on one, they also learn by watching a video of something on how it’s done, which a lot of people do and then people learn in a classroom setting. So the chamber nomics locally is our classroom setting. And, but our goal is to teach all of our members what our system does. Now, it’s really some people get a little scared of technology. And it’s not hard. And I say just kind of dive into it, bite it off a piece at a time. But if you do absolutely nothing with our back office system, we’re still creating tremendous search engine optimization for you and you’re getting ranked higher brand that go up. But if you stopped doing, you’re ready, but I’d say I had one number that came in the other day, it was called the Delaney. It’s an assisted living facility that’s in our chamber. And they had forgotten to change the management, but they had to say marketing person, and their traffic capture page that we make for them. It’s called a marketing landing page. In addition to their website, it complements it fell off, it went away. Well, she did a audit on her presence on social media. And they had dropped to the third page on Google without all the ads. And she said, what happened? And they said, Well, you used to have this traffic capture page that was doing a lot of work for you. And since it went away, you fell. Immediately, they popped back on and now they’re back on the first page on searches for assisted living in our area. So it just shows you there’s real power in a lot of online presence and digital presence and

Brandon Burton 18:00
talk to us more about the traffic capture page. So that’s built in with within this chamber nomics program or chamber nomics is really just telling them what all you have to offer kind of a platform of doing that,

Don McCoy 18:12
right. Yeah, chamber nomics is really telling them all we have to offer, but the traffic capture page is really a, you know, a, it’s a system that takes in, you know, you can go to a website and of any business and you get kind of lost because there’s a lot of information there and you don’t know quite where to go, okay. But the traffic capture page is something that is simple, easy, very quick. And if you want to go to their website, from there, you can get links to it. But it is search engine optimized, you can control what kind of photographs you put in there, you can put your catalog page in there, we offer a commission free checkout system, I’ll show you even our chamber, we even have a mobile app that’s very interesting that if you go scan a QR code, this kind of is our chamber. But this everybody gets one of these

Brandon Burton 19:08
I know it’s a little thin, every member gets their own app for their own app, their home address.

Don McCoy 19:13
And all of this takes you to your to your website about you, they can call you from here, they can message you from here, they can even share their business card, I can click this right here and let you scan that QR code and my information will drop into your phone. Nice. These are small, small little tools that are that are so available that you can do on your own or through our back office system. I got to sing their praises. But what happens with our system when you join our chamber, it takes us 10 days to put together your your your marketing system. And we build about 12 pages of stuff about your business. And we take it all off of your website and what we know about you and what you filled out in your app. application, and then you can go in and refine it. But if you don’t do anything, you’re still getting the benefit. So

Brandon Burton 20:07
cool. So what about it’s not as common these days, but every now and then I’ll come across a business that doesn’t have a website yet? Is there still a way of building out those pages to give those members a digital footprint?

Don McCoy 20:19
You know, thank you. Yes, absolutely. Because you would fill out the pertinent information, our team will go get photographs of that we’ve already paid for their, you know, their their commitment, or they

Brandon Burton 20:32
call the stock images.

Don McCoy 20:34
And we own some of the stock images, but we, we examine your business, and we build your traffic capture page. And what’s really cool, is, if you have a URL about your business, but you don’t have a website, you can have that URL point to the traffic capture page. Okay. And then a lot, a lot of our members just use that as their as their website, because it works.

Brandon Burton 21:00
Right. That’s great. So, you know, I think I think initially, maybe when, when Google and the stronger search engines started to roll out, I’m sure there’s some chambers out there that maybe felt a little bit threatened that people could just go to Google and find answers they’re looking for. And rather than seeing that as competition to the value proposition, you have you actually you guys are leaning into it, and saying, let’s provide a lot more information. So doing a lot of the legwork for your members, so they can show up better on search engines, and were like a bigger bang for their buck.

Don McCoy 21:36
It’s even during the pandemic talk about coming up with ideas. You know, we couldn’t go to trade shows for a while. I mean, there was none existing. So what did we do, we went and created a virtual tradeshow booth, which we still have an existence now. And you can it looks just like a table, you have a video insert in the bottom that people can watch, you can go and click here to schedule a calendar meeting or get on their zoom call. And you know, and a lot of our business say, Hey, if you’re interested to learn more about us and want to meet later, just go to my virtual tradeshow booth and, and fill out the information and watch what we do. And then we’ll get in touch with you that way. So it’s always sitting there working for you as a, as a tourist center of your business basically, right? That is awesome. And video and video is now the way to go to I mean, coming from a film and TV background. I mean, nowadays, video is so simple to put up. And then we make it even simpler in our back office, all you got to do is click here, your camera on your on your computer, and you can talk about your business. And that is and then throw into that those key words. And I will tell you just a hint. Any pictures you’re starting to put up right now, any videos, you always see that alt text at the bottom of that, you got to start filling that out. Because just a word of warning that there’s a lot of lawyers out there going after websites and things that if you’re not ADA compliant on your social media or on your website, meaning Language Hearing and alt text for your pictures, you can be sued. And that’s crazy. And so we offer that as well. We have a buttons all over our website where you can we can translate everything we do even on our mobile app, we can translate it to any language in the entire country and let you listen to it in that language.

Brandon Burton 23:33
Wow, that is impressive.

Don McCoy 23:36
It’s pretty cool. It really is

Brandon Burton 23:37
sent you mentioned earlier something about having the importance of having a strong digital footprint.

Don McCoy 23:43
Yeah, yeah, it sounds this. This is something that is really cool. And you guys can look it up anywhere. There’s a lot of companies out there that do what is called key person of influence. And this is something I’ve really latched on to here at our chamber. And what our goal is, is to make every member in our chamber a key person of influence in their industry, and have a true Omni presence on digital, Omni presence. And what this is, every industry has an inner circle, every industry has one, you know even the chamber world brand and has an inner circle. And and these are people of influence. These are people you look to and they whatever they say I mean, I don’t know if anybody knows Pat McCoy out of Idaho, but I fell in love with him at my first IOM a year. And I still stay in touch with him and I treat him as he owns chamber mentor.com Great Guy gotta follow his blog. And, you know, he influenced me, to me, he’s a key person. But what we’re going to start doing is we’re going to have a rather than a leadership type course, we are instituting how to become a key person of influence. And this is something we’re doing here in the Houston area and we hope to expand nationwide with you A couple of folks that I’ve gotten in tune with, but our first one is in November, and we’ve partnered up with the United States, Mexico Chamber of Commerce, us. If anybody wants to check it out and get more deep into it, we’re at kp O, I got VIP. And that means key person of influence that VIP keep KP Oli, and it’ll explain everything there. But you know, we’re always in a state and someone wants said the biggest room in the world is the room for improvement, you know. And so the other thing if you don’t, and this is about a $4,500 course, and it’s going to we’re going to do this, what this will do for you is it will, it’ll read people will regard you after this course, they’re going to regard you as a high value individual, I want to meet that person, I need that person to come talk to my business or whatever your business is, you could become the expert in ice cream, if you have an ice cream store, because when they go search ice cream, you’re everywhere. You’re Who is this guy, and then you’ll get VIP treatment anywhere in the world. I kid you not, my friend has his website called speaking Dubai. And he goes to Dubai all the time he gets invited, he’s going to curse out. And he’s the one that’s helping us put this together. And then you get opportunities out the wazoo presented to you all the time,

Brandon Burton 26:22
you get asked to come on podcasts and stuff like that.

Don McCoy 26:25
Exactly. Yeah, you’re right. And you know what this for me is a another digital asset that’ll be out there. And we even have a questions on our website that you know, am I getting what I what I’m worth? Am I getting paid for whatever you take this, I took this question or take me 10 minutes to do it. And I scored a zero. I thought I was pretty good. You know, hey, I’m in the movies. You can find me on IMDb, but But it’s pretty eye awakening. So we do pre event coaching and all this. And if you’re interested in more about it, I’d be happy to hook you up. But it’s, this is the way to go. And even on our website at Fulshear katie.com. I invite anybody to take a look at grow and protect and when you go to grow and protect, that’s an app that we now have. It cost our members a whopping $1 for an entire year to have access to over 250 lessons and courses that will help you be a better business person. I’m talking how to how to make your LinkedIn and world class. I mean really how to do it. And these are all like 15 minute lessons with a video attached to it. There you go. Yeah,

Brandon Burton 27:43
that’s right. Okay, got Frank’s card. He’s on my radar to be yes. So he’ll be on to talk more about grown protect.

Don McCoy 27:50
And I’ll leave it I’ll leave it there. But I’d say Frank is also part of our KPI KPI. He’s part of the key person of influence. And Frank before and he’s 77 years old, and doing what he did on cybersecurity. And this man is such a key person of influence in cybersecurity, he gets they call him out of Dubai say, would you come over and talk to our company, they fly into Dubai, he spends a week there and gets paid for it.

Brandon Burton 28:21
So so this is interesting. So there’s the aspect of helping your members become key people of influence. But how about for chamber executive? How about for somebody establishing their career in the chamber world? How? How should they go about being a key person of influence?

Don McCoy 28:40
I will tell you this is probably one of the most important things because in your in your, in your world, or your community. You need to be that person that everybody looks to for ideas and solutions. I mean, the mayor, the residents, I mean, you really can’t you should not be able to go to any restaurant without talking to somebody, I made a comment. I went to a gala last night. And it was for a local charity. And I went to go get a couple of drinks at the bar down there at the other end of the of the room. And I was bringing a friend back one. And by the time I got back the ice had almost melted. He says Where have you been? I said it took me 20 minutes to walk from the bar all the way across the room because I kept getting stopped by a number of people. But that’s awesome. You can work that. And so if you become even starting out if you’re going to IOM or if you’re going to be ACCE conference or the Texas chamber or any of these executive conferences, make sure you get pictures of yourself talking to the keynote speakers and and create a file on your desktop that has you just drop pictures in there. And then anytime you want to put those up on the internet or put them up on your Facebook and things like that Google loves that new information. So it is thing. And so you put your name with it and attach it to that event, tag yourself. And then you start to become the key person of influence. It’s not that hard, but you’d be surprised you as an executive are in the presence of greatness on a regular basis, whether it be with your look, your governor, your mayors, your representatives, you know, any number of people, even local business people that are well respected in your community. Go out, take them to lunch, get a picture with them, you know, everybody, let’s do a selfie. Okay. I mean, that’s what makes you look at this guy. Look, Brandon is probably got 1000 You probably got 1000 pictures of yourself with notables? Right. Yeah, lots

Brandon Burton 30:41
of them. Yeah.

Don McCoy 30:42
I mean, when I was in the film business, I always got a picture with me and Robert Duvall, Liam Neeson, me and Patrick Swayze. And that and you know, so when I go on auditions, you know, and Oliver Stone sees all the my resume and these pictures before the digital world, but it was actually in my in my portfolio. It was, Wow, you’ve been around, you know, a lot of people that I know. And so there’s a certain sense of confidence and people, it’s what we call pre suasion. If you’ve used that coin, I love the coin these words, and pre suasion as a way that before anyone needs you. They’re already persuaded to liking it, say, and to me, that that, that is half the battle because people judge you within about the first one minute of meeting you face to face. I met Brandon at what we run into each other, but we never really actually met till tccc. Yeah, yeah, and Rocco. And you know, and it’s busy, and we’re all doing our thing. But we connected we finally connected now, I think he’s a great guy, or I wouldn’t be here. Hopefully he likes me too. All right.

Brandon Burton 31:51
That’s right. But

Don McCoy 31:53
he knew about me already, somehow, some way I kind of already knew about him. So I was already pre slated to be interested in Brandon and the Chamber chat. And I asked, How can I get involved and help out. So that’s how this comes, comes to play. And then if you can teach yourself, your team that you work with, and let them they’ll be key people of influence, give them the power to make decisions on your behalf. Nothing can be even if they make a mistake you learn from and grow from it. But give your team that power to do it. And they’ll come in and say and be excited, guess what I did today? And you go, man, that’s fantastic. Oh, no, we got to correct that. But it’s okay. You know, it doesn’t hurt. So executives, start, start looking at this grow and protect, start learning how to be tell your story, tell your chamber story, tell your own story. Because a good friend of mine, Jack working at one day, you’ll get to meet him. He’s a fantastic sales guy. He wrote a book called Life as a sales call. He’s really a good book. And he likes to say that most businesses and chambers, were always concerned about ROI, return on investment. And that’s okay, that’s cool. It’s necessary. But what we got to really concentrate on is our O R. And that’s the return on relationships. And if you don’t have a relationship with everyone in your community, you’re always gonna suffer. So always think of that return on a relationship again, what am I gonna do about the cabinetry, okay, why are you even asking me that, but I’m very interested. And now guess what, I’m a hero to that person. And they will talk my they will sing my praises wherever they go. So I’ve got another salesman working for me out

Brandon Burton 33:44
there. That’s right. Yeah, I like how you came back around to the cabinetry. And your example of how we met at TCC. That’s, that’s perfect. Because I had heard about you, I knew some of the stuff you were doing your chamber, you’d heard about me, we made the connection. The one thing we didn’t do is get a picture. So next time we’re with each other, we gotta get a picture. And

Don McCoy 34:07
now I’m gonna sit here and I’m gonna screenshot talking right here. And this is what I’m doing right now on my in I’m doing it right here. A big smile. Brandon here. Yeah. I got it now.

Brandon Burton 34:25
Person one next time. So as we start to wrap up, though, I wanted to ask you if you have any tips or action items based on anything that we’ve covered today, for the chamber listening who’d like to take their organization up to the next level, what would you suggest? Well,

Action Item/Tip for Chamber Champions

Don McCoy 34:41
you know, I and I know a lot of the thing is, the status quo is all I mean, you’ve probably heard it a million times is Think outside the box. My team has got a sign on the front of my door hanging above my door. It says Don has another idea. and whether they’re good ideas or bad ideas, it doesn’t matter. Clear your cash every now and then of your ideas, because that’ll let new ones come in. But get them out there. And whether it’s it doesn’t have to be the whole ball of wax. But if it’s just something in that idea that might spark someone else to take it to another level, do it. Don’t be afraid to throw your ideas out there for fear of looking crazier, you know, but when you come from the acting world, you know, you act and you are foolish, sometimes on stage or whatever you do, and you just have to throw that caution to the wind. And people will start to respect you as an idea person. And I think it’s highly, highly important that you continue to improve yourself and find things like this key person of influence, or this grow and protect or just get on YouTube and start watching TED Talks. If you have a little issue, maybe talking to pub in the public. There’s tons of things in ideas and tips. back I’ll give you one right now. Small tip. You ready? Yes. My glasses, say this. But back when I was in film school, Adam Roark was one of my teachers. He was a real famous actor with Hells Angels if you’re older, but me and Lou Diamond Phillips, we’re in the same class together Alibaba guy, right? Yeah. And so he said, there he goes, You know what the difference between a good actor and a bad actor is, and we’re all sitting there going? Experience. He said, eyebrows. Eyebrows. What do you mean by eyebrows? The tip he gave us is watching TV ever go see a bad movie and an actor or even you’re talking to somebody their face never moves. They’re just remembering their lines. And I’m gonna tell you about my chamber, my chamber is best and you need to be part of my chamber. And then you just give that whole thing. But he said if you move, you’re good actors and good salespeople, and people who are passionate about what they do, their eyebrows will move just a little bit before they say anything. So hey, let me tell you about my chamber see it because what that is, so consciously, is telling the listener Hang on, I’m about to say something pretty important. So they automatically tune in to you, if you just move your eyebrows just ever so slightly. Some people do it naturally. Some people have to think about it. But if you watch people on podiums, nothing against our state representative yesterday, but he was the emcee of the gala. But he was sort of deadpan. But if your face is animated, and move your eyebrows just ever so slightly, you You are now persuaded somebody to listen to.

Brandon Burton 37:34
Right? I like that. Now everybody listening is thinking about their eyebrows and what they’re doing. And yeah, I think of the rock. Right? He does that one. Yeah. And it gets your attention. So

Don McCoy 37:46
there you go. And don’t and please don’t think that, Oh, I’m over exaggerating my eyebrows, it will come naturally trust Dan. But if you truly believe in what you’re doing, and find a good software, program, whatever works best for you. But be aware, there’s a lot of software’s out there that work for you, in chamber management, but as to help you manage your database. I like mine, because it not only helps me manage my database, but it also helps have tools for my members to use. And to me, that’s the most important part of it. And some of you may be Richard scalding from time to time he said he was at the event and everything. And he lives in Texas now. So I got him to move from California.

Brandon Burton 38:28
That’s right. And he’s he’s one of the sponsors of the show. So if you want to plug it, you know, Chamber Nation,

Don McCoy 38:34
well, I promise you, you’ll never meet a nicer guy and his wife and his whole team. He’s one of those guys that I brainstorm with. And I say, hey, if your software could do this, that would be awesome. And he goes, let me see what I can do. And sure enough, he came out with it. I mean, we it’s our plaque system. I won’t get into that. But that’s what is so cool about having somebody that you can, whether it works or not get the idea can make it happen. You know, in film and TV, I used to edit on beta Ubaid, remember beta tape, or film years ago, and I didn’t know how to work the editing machine. But I knew the guy that did and I said, I know you can do this. So I want you to make it look like this. Yeah, he doesn’t. So you always need your producer director and then you need the guy. Because as somebody once said, as patent lawyers said, CEOs like us right here, we are working 1015 20 years in the future. Okay, but you need a team that is working in the hearing now your see Oh, getting the job done here in the present. So try to keep that perspective to

Brandon Burton 39:45
like that. That is great. A great tip right there. Speaking of those lines, as we look to the future of chambers and their purpose going forward, how do you see chambers and their purpose going forward?

Future of Chambers

Don McCoy 39:57
Well, I’m gonna say they, a lot of us, a lot of them need to change and get with it. Okay? Come into the future and embrace the technology. Because it’ll it’ll, it’ll run right past us so fast, you won’t know what happened. The entire world is going to this is this is this is the world and, and, and if you can’t reach my chamber here or call me or find me or whatever, even Voice Search, I’m people voice search, I am now searchable by voice. And people are using that. But the future of chambers are to still represent your businesses at the table of government, don’t lose sight of that. And to be the community key, whether they call that the kid the last 10. Because if you become that important, and if the chamber went away in your community today, would your community fill it? Yeah, they should. So be that be that chamber of influence in that connector, and that catalyst and the champion for the community, but in the future, embrace all these new technologies coming along, because that’s going to set you up for tremendous success. And as some people retire out of the chamber world, and it happens all the time, technology can replace some of those things and make it easier for the new folks coming in. Because imagine, I don’t know what the average age of a CEO is, in chamber world, I really don’t, that’d be interesting to find out what but I mean, if you’re not up on technology, the next generation, the millennials, in the whatever’s there, whatever their names are, that are highly technical oriented with the Snapchats, and the whole things. They’re the ones that are going to take over in the chamber world, and they’re not gonna want to start at square one. That’s right. They want to see you already have a presence on Facebook, they want to see you have the tick tock, they want to see you have all this other stuff. And that’s going to attract really great talent to your team. That’ll make you even more successful. Don’t be afraid to be the idea person, the executive, but look for that talent that can come in here and work your social media to the enth degree and it’s nothing to them. And you’re sitting here going, what do I do? What is this? That’s where you got to go. Because it’s, it’s important. It really is at 63. I never thought I’d be well versed in but my mother is 83 and she can work Facebook like a charm. It’s unbelievable. So

Brandon Burton 42:30
awesome. I love there.

Don McCoy 42:31
Yeah, just get out there and do it. It’s easy. Yeah.

Brandon Burton 42:35
So Don, what would be the best way for any listeners to reach out and connect with you if they want to learn more about anything you’ve shared? Or how you’re doing things? Their culture? Absolutely.

Connect with Don McCoy

Don McCoy 42:45
My email and my, my phone number is at chambernomics.com. And that’s, you could always call the chamber here and ask for me. I’m very accessible. My phone number is is on the chambernomics website, you can find me on Facebook, Don McCoy facebook.com, forward slash Don McCoy. Go in there and make me your friend, LinkedIn, I try to use it all. I tell you, and if you try to message me on Facebook, what’s at email, and I wish if somebody out there can find the technology to write if you’re if you know that if I get a message on Messenger, WhatsApp, email, this this, and it funnels into one app. You’ll make a million dollars today, I kid you not. But just reach out, give us a call. I’ll call you back. And I’d be happy to walk you through or answer any questions you might have. I’m, I’m here to not only help our businesses, but to help you and which helps America live or not. I’m a big patriot. And this country is fantastic. And we still have the freedom to do business. And so let’s do it. That’s the commerce there’s another website for you called letsdocommerce.com.

Brandon Burton 44:06
Well, I will get your contact information in our show notes for this episode. But this has been a fun conversation. Hopefully it’s percolating some ideas and people listening and take something and run with it at your chambers back at home. But Don, thank you for thank you for being with us today and providing so much value. My pleasure,

Don McCoy 44:24
Brandon, keep doing the good work you’re doing you are a blessed individual, to the community and to our to our community here in the chamber world. And likewise, if there’s anything I can do for you, Brandon or anybody out there, thank you, God bless you all for what you’re doing. We know it’s a tough job, but, uh, keep up the good work and you’ll be blessed every day.

Brandon Burton 44:46

Brandon Burton 44:58
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Retention with Josh (JT) Torres & Isaac Lee

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Below is an auto-generated transcription of my conversation with Josh (JT) Torres and Isaac Lee. Because this is auto-generated there are likely some grammatical errors but it is still a useful tool to search text within this podcast episode.

Feel free to join our Chamber Chat Champions Facebook Group to discuss this episode and to share your own experiences and tips with other Chamber Champions.

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Introduction

Brandon Burton 0:00
This is the Chamber Chat Podcast, the show dedicated to chamber professionals to spark ideas and to get actionable tips and strategies to better serve your members and community.

Unknown Speaker 0:14
And now, your host, he always enjoys getting new pair of running shoes. Here’s my dad Brandon Burton.

Brandon Burton 0:21
Hello chamber champions. Welcome to chamber chat podcast. I’m your host Brandon Burton, and it’s my goal to introduce you to people and ideas to better help you serve your Chamber members and your community.

Our title sponsor is Holman Brothers Membership Sales Solutions. Let’s hear from Tony Felker, President and CEO of the Frisco Chamber to learn how the Holman Brothers have provided value for him.

Tony Felker 0:45
One of the key benefits that we’ve realized from Holman Brothers it’s actually happened many years after we started using them. We just completed our new strategic plan and understanding those subtle differences between transactional benefits and transformational benefits. The companies that knew what they expect has been a key part in our strategic plan. And we really want to thank Holman Brothers for that.

Brandon Burton 1:06
You can learn more about Holman Brothers Membership Sales Solutions by visiting holmanbros.com.

Doug & Bill Holman know how to diagnose and solve
member recruiting issues faster and better than anyone else, and they want to put
that knowledge to work for you and your chamber. Learn more at HolmanBros.com.

Guest Introduction

For today’s episode, we are we have two guests with us we have Josh Torres or j t as we’ll refer to him and Isaac Lee and in JT and Isaac are the co founders of chamber life. Josh is a seasoned entrepreneur with multiple businesses with multiple successful business ventures with a current focus and responsibility as co founder for the strategy sales, operation and alignment of the North America chamber life business. His style is innovative, creative and putting people first to benefit from the technology to ensure a better quality of productivity and success for chamber teams. He is enthusiastic, optimistic and future oriented individual with a high energy level, having a creative capacity to recognize and pursue opportunities naturally capable of setting up the internal systems procedures and processes necessary to operate a business with a focus on cash flow, sales and revenue at all times. Driven to be proactive in his approaches to everything with the vision to lead and inspire others. He has led chambers and associations for over 19 years and is married his wife Cindy and they have five children residing in Northwest Ohio. Isaac has a background in running chambers of commerce as well as economic development organizations. He has over 15 years of experience in these two industries. In addition to being a co founder of chamber life, Isaac is the executive director for stupid county EDC in the northeast corner of Indiana. Isaac has also served as a board member and consultant to the Chamber of Commerce executives of Ohio, where he has worked with hundreds of chambers and economic development organizations across the state of Ohio and Indiana, identifying the best practices as well as comprehensive policies to help move organizations forward in their communities. In 2012, Isaac was awarded the 20 under 40 award in the Toledo market in Ohio, and in 2013, Isaac was voted by his peers for the 2012 Professional of the Year Award through the Chamber of Commerce executives of Ohio. In 2019, Isaac was awarded the 40 under 40 Award by the Greater Fort Wayne Business Journal. In 2020. He was selected as one of the nation’s top 50 economic development professionals by consultant Connect. Isaac received his MBA from Defiance College and received his bachelor’s in marketing and human resources from the University of Toledo Isaac has been married his wife Kristin for almost 19 years and they have four children. But Isaac and JT I’m glad to have you with me today on chamber chat podcast. Why don’t you both take a moment to say hello to all the chamber champions listening and and share something interesting about yourself so we can get to know you a little better.

Josh (JT) Torres 4:12
Hey, chamber peeps, JT here. So excited to be on the show today. love working with all of you, in the state of Ohio and across the country. Super stoked to be here. One thing about me that I pride myself in I have a serious addiction with fitness and working out. And really every day regiment. So that’s something that I spend a lot about two hours in the morning doing before I start my day.

Brandon Burton 4:40
Very good. I should show you my my office space here. Doubles is my gym. So maybe afterwards. I’ll give you

Isaac Lee 4:48
a little time. And Brandon and guests thank you again for allowing us to take this opportunity to talk to folks. We’ve been in your shoes so we love speaking the chamberlain And we’re just talking about it. What’s what our best practices are? A unique thing about me, and I’m not too proud to say it right now. But I am a Notre Dame fan. And yes, I know we lost him. Wonderful last week. I’ve heard it all. But I’m a diehard Irish fan. So I’ll be hanging on.

Brandon Burton 5:17
It’s a rough start to the season, but you can’t be where you are without being a Notre Dame fan. Right? That’s true. Like I said, I’m glad to have you both with me today. As we dive in, usually, at this point, if I’m interviewing a chamber staff, or chamber executive, I haven’t talked a little bit about their chamber, but as cofounders of chamber life, tell us what is chamber life? What do you guys do? And as you service chambers of commerce, and just give everyone a bit little better idea of what chamber life is?

Isaac Lee 5:50
Absolutely. Josh, do you want to start it?

Josh (JT) Torres 5:52
Yeah, go ahead. I will. Absolutely. So you know, chamber life really takes two things that are most important to the business and chambers and I say business because we’re a business as a chamber organization, not a not a nonprofit, we were really want to run this as a business as chamber printers, as I like to call them. So you know, we came up with chamber life has a way to automate your task with recruitment and retention, that will do in dry, hopefully higher retention and conversion rates for your prospects that will ultimately lead to higher engagement, and making sure that all of your members are touched multiple times a year with with automated tasks that are assigned with our within our software. So we’re we’re excited about chamber life and the ability to take a pain in the market that’s been been there for many, many years, and automate that process for many.

Brandon Burton 6:42
Very good Isaac, do you have anything you’d like to add on, on what chamber life’s about?

Isaac Lee 6:47
I think it like several entrepreneurs, or founders of technologies or software. This was born out of frustration of Josh and I being in the industry and having the same struggles that many of your listeners are having, in terms of these packages, these platforms working for us, not just with us. And there was an opportunity to really automate some of these tasks that are very extremely important into our role of being a relationship based organization. So we often use the term it was built by you for you. When we talk about chamber life it because it’s truly sincere.

Brandon Burton 7:26
Very good. I appreciate that. That helps give a snapshot of what it is you guys do so and coming from from two guys that have experienced in chamber world and like you said, being built up built by you for you, because you are one of them. Thank you. So we’ve decided, as we go about this episode today to focus our discussion around that R word that JT had mentioned of retention. So we’ll be talking about membership retention, and maybe some approaches to take as when it comes to membership retention that maybe you haven’t tried before. Maybe it’s just maybe a different approach different perspective. But we’ll dive into that discussion as soon as we get back from this quick break.

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Alright, guys, we are back. As I mentioned before the break, we’re talking about membership retention, as we think of chambers out there the frustration like Isaac mentioned of how do you get these people to come back year after year see the value that they get for their membership. As you look at retention in membership, maybe JT what what comes to mind as as things that a chamber should maybe have a focus on or pay attention to when it comes to retention.

Topic-Retention

Josh (JT) Torres 11:33
So I think one of the things that you know, for many years we’ve focused on is the R word retention. But I really feel that moving ahead, you know, for the future of chambers, we need to focus on two things culture and the experience, there’s two things to culture that as chambers, we really need to make sure that we are focused on the internal culture, which is inside your boardroom, inside your inside your office walls, and then the external culture, outside your membership outside and your community culture is a big deal. And if we’re not managing and leading culture, that can really affect the our ability to retain, that culture can affect your brand, your brand, awareness, your promotion of your brand, and then really be able to tell the story of what are people saying about your organization. So culture is a big deal. The other thing is, by driving culture, we drive experience, what type of member experience are you having, at the after hours at the luncheon at the golf outing, even within your own board meetings with a new member orientation? Is that experience superior? That drives a culture of inclusivity welcoming and making sure that we’re always going to be there to take care of our members?

Brandon Burton 12:47
Like that. Isaac, do you have any thoughts as far as what a chamber should be thinking of when it comes to retention?

Isaac Lee 12:54
Yeah, and actually, it’s going back a little bit in our history to how a lot of our chambers were formed. It’s relationship based transactions, and I struggle saying the word transactions, but it truly is that think about the life of 200 members or an organization, a chamber the size of 200 members, that’s 200 relationships, and not all relationships are the same. So you really need to understand what each one of those relationships are looking for. Some are very needy want to be at all your events, some are just hey, I’m here for the benefits and everything else is a cherry on top, understand what that relationship is, and drive that home each and every year. Everything else that you try to do with that member to get them out of their space, might not achieve the same goal or return on investment in terms of your time your spending. So really understand what your members are, what they’re trying to do with the relationship that you have with them. And really concentrate on that.

Brandon Burton 13:54
Like that, if you’re saying relationships. And what I hear out of that is expectations. Like as you develop these relationships, you’re better understanding what the expectation is for each of these members. And oftentimes, if you’ve got a 200 member base, you’ve got probably close to 200 different expectations of what they’re looking for from you as a chamber. So without building those relationships and understanding what that expectation is, it makes it hard to create the culture and experience it’s a value to them, to keep them around for a long time and in for them to recognize the value they provide. As we circle back JT, I wanted to talk a little bit more about the culture. How do you decide what direction as a chamber? What direction do you go with creating culture and what your culture looks and feels like?

Josh (JT) Torres 14:49
So that’s a great question. So two things you really need to understand your membership and make sure that the is your board of directors set up to really good view Have what who your members are? Who sits on that board table? Is there a board matrix that represents as best as you can your total membership? That’s one thing. And the second thing is in the office, what type of training and professional development are we doing to help drive culture drive engagement, and make sure we have very much chamber execs that are excited to come to work, they know what they’re doing. They have the tools and the resources to be successful. And then that culture with in that office, you know, who was the best fit to drive membership retention, or do sales or do events, those types of things, many of our, our peers in the industry are solo chamber printers, they’re by themselves in the office full time or part time. And we have many out there that listen, that are volunteer run, that are trying someday to become revenue driven to the point where they can have a paid position. So really understanding Do we have the right fit? The right personas at the board representing the community? And then internally, do we have the right fit of individuals with the personas that can drive engagement and innovation inside the office?

Brandon Burton 16:07
So without being too abstract, I mean, is there a couple examples of culture like what comes to my mind it obviously every chamber is different. But just to throw some examples out there. If you create a culture of at our chamber, we show up and support new businesses with a ribbon cutting, or at our chamber, we do an annual, you know, luncheon for the first responders will say, we have a great respect in our community for first responders, and that becomes part of the culture. Is there some examples you can think of that, and I am hesitant, because I don’t want a chamber to listen and say, Oh, I have to do that. Right. It has to be catered for your community. But what would be some real examples of that being too abstract as to what culture could look like?

Josh (JT) Torres 17:02
So one, one example that we share in our association work and we’ve we still unfortunately have in our industry is the lack of welcoming at some that sometimes our luncheon or after hours, just by creatures of habit. And just in most instances by accident, when you have a new prospect that’s trying to join the chamber, or they’re a brand new member, and they come to an event, they don’t know anyone. And then they’re not maybe assign an ambassador or assign a board member to look after them with their on the registration list. That right there is a sense of how you can create an experience based upon the welcoming culture, they walk into a room and an after hours, two things happen, you know, they’ve got to be introduced. And then they’ve got to be able to follow through. So by driving engagement at those events, and making sure you’re inclusive and welcoming to that member, will give them a positive culture experience that will then hopefully drive more of that retention piece for them.

Brandon Burton 17:58
Isaac, do you have any thoughts that come up as far as what culture could look like some examples?

Isaac Lee 18:03
Yeah, so Josh is looking external to the organization, we just did a training last week internal to chambers of commerce, specifically for boards. And I’ll take that angle, we have a culture of your board, there’s usually three different expectations. At some core, there’s these expectations, it’s either the board members offering their time t talent is another T or treasurer. And we’re trying to teach that our staff and our board should understand what the culture is or what the nature is of that board member to have a good mix, it’s very difficult to have somebody who’s only there to offer their treasure, be the one to volunteer at all their events, meaning nations a treasure, but the ones that’s offering up their treasure, there may they may not offer up their time. That’s not what their skill set is. And we shouldn’t expect them to do otherwise, unless it also matches with what their motives are of the treasurer. So it’s the culture that we set within our board or organizations can also matter and have a deep impact on the success of our organization.

Brandon Burton 19:06
Like that. I like that response a lot. As we look at experience, creating a positive experience that helps you have that culture that is going to drive the experience. Isaac, may we start with you on this, you know, going down this path with creating that experience for members or bore me go either direction you want with that, but how do you go about creating that experience?

Isaac Lee 19:33
So one of the things that I recall for myself, when I was at the Defiance area Chamber, I had an experience where I was really paying attention to the relationship of my member and I found out that this local business of mine, there was a husband who was running the organization and assumed because of his title he was he was the go to. It wasn’t the case. Actually, it was a family owned business. And the wife did the books, but in a relationship Yep, it was unique in the sense that I was at an event. With them asking for sponsorships, I had been unsuccessful. But I listened to a conversation between these two individuals about this party that they were getting ready to have in the coming week. And the party was not about a family member was actually about a dog. very daring dog to this family. A couple of weeks later, I had seen the wife and the husband at another event, and something drew me upon the fact I should ask about how the party went. I did. This coincided with an ask of about $3,000, that up until that point, I asked about the dog, I was not successful. So when you think about, you know what it means to really drive home with a relationship, it wasn’t anything else that I offered at the Chamber of Commerce as an executive director, other than the willingness to care and ask about a family pet.

Brandon Burton 20:55
I like that that’s a, that’s huge, just being able to get on a relationship level with them, where I like to say you’re building a relationship of trust, you’re not just coming after them for money for the sponsorship, you’re showing the care and interest in them. So that definitely creates a better experience.

Isaac Lee 21:13
Now there’s follow up there to Brandon. Right. So after that, when I was there, guess who got a birthday card?

Brandon Burton 21:20
The dog? Yes. Awesome. So Jay, to me, from your perspective of creating experience.

Josh (JT) Torres 21:32
So no birthday cards to dogs? I’ll say that I haven’t had that in my tenure. But I really think what drives an incredible experience is when you identify the pain that a said business is having. And identify, again, that chamber provides, you know, chambers have fantastic where, with networking? Well, sometimes we need to up our ante and really understand what’s it What’s that business experiencing? You know, and how do we give them a feature not a benefit, let’s talk features, not benefits. Let’s talk about what feature the chamber we can provide to them to have the ultimate experience. And most quite honestly, if you can solve that pain with a game that may be networking that may be some of the great affinity programs that are out there that may be program and educational work that you provide to them. That may be work that you’re doing in advocacy, workforce development, talent, attraction DNI, whatever that pain is, if you have a game, which I’d like to call a feature, that definitely drives the experience, because then they realize, ah, someone is going to be able to help me. And somebody’s going to be able to guide me through navigating my challenge.

Brandon Burton 22:43
I love that I heard a quote A while ago, and I wish I could remember who it was. But it said something to the effect that if you can identify the pain for your customer, or will say your member better than they can describe it, that they’ll automatically assume that you have the answer that you have to solution. So if you can go about identifying what these pains are, then they’re going to come to you for the feature for the the gain for that benefit that you have to offer to them, and create a positive experience going forward. So I had a while back, I had read a book called you’re invited. And the whole book is about creating experiences for people were added, I can go down a deep rabbit hole with what the books all about. But one of the takeaways that I got from it and relating it to the chamber world is chambers are known for their networking events. Right? Right. And when you open up a networking event for any business, in your membership, people come they’re super uncomfortable, they might grab a drink, once they’re done, they’re out of there, you know, if they don’t have their buddy there that, you know, meet up with that networking can be super uncomfortable. But if you had a carefully curated mixer, say for example, for real estate, and you had title companies and you had banks and you had real estate agents, and they all have a common interest with each other, then all of a sudden, they have a reason to talk to each other, you know, the, the realtor may not have the need to talk to the vet when they don’t have a pet, you know, necessarily so it just creates some more, you know, natural experiences to build upon. And that really struck me as far as creating experience within a chamber is even just looking at it from the point of view of networking events that I’d like to have anybody I have on the show. Think of any any tips or action items as we we’ve got you both on and you both have great experience in the chamber world. So I see this as being like a bonus episode, a two for one. But what kind of tips or action items would you share for the chamber champion listening who wants to take their chamber up to the next level, Isaac, but we’ll go with you first.

Action Item/Tip for Chamber Champions

Isaac Lee 25:07
So I think one of the things Josh and I have been talking about and is at the core of chamber life. And what we do in terms of some of the automation is looking at the 90 days prior to an invoice as a great deal of opportunity. Far too often we catch them after they’ve started the invoicing and asking them for money, we need to really work on the relationship, 90 days prior to that invoice being created. That way when they get the invoice, the ability for that company to remember why you’re providing or what you’re providing and why it’s important. It’s a quick recall, it’s a quick payment, you’re not being judged against another invoice, especially for smaller businesses who might be on a shoestring budget, they’re going to recall it a lot quicker so that 90 days prior to an invoice is extremely important in a relationship.

Brandon Burton 25:59
I think that is so valuable. Have you seen metrics of you know, chambers that do implement the 90 days before versus ones that don’t? And what that retention rate looks like?

Isaac Lee 26:08
Yes, so chamber champions out there will probably relate to this, we’ve seen a pretty long, extensive accounts receivable report 90 plus days, right? Yeah, we’ve been able to show some pretty good track record records of reducing that by half, again, you’re still gonna have some folks that just don’t pay or corporations that just take longer 30 to 45 days, we understand that. But those that should be paying right on time, we’ve seen a drastic increase in how fast a chamber will receive its cash. Lauren is a GAO report and allowing us to spend more time elsewhere.

Brandon Burton 26:44
But what I like about that is when you’re building that relationship, or putting more attention into that relationship will say 90 days before the invoice is created, you’re doing the work to meet those expectations for that member before that time comes versus once the invoice is created. And then you’re trying to collect payment trying to see you know, resolve problems. And it’s a whole different skill set on how you approach and handle the the situation. So being able to stay more congruent with what your values are. And mission is as a chamber. That’s that is huge to have more focus on that that relationship 90 days prior. JT, how about you a tip or action item.

Josh (JT) Torres 27:29
So I call it the SW factor SW skilling will. So I think in the world today, we’ve got people that have the skill, and we got people that have the will, if they don’t have one or the other, what do we do to help them. So specifically with chamber staff and the teams that we work with across the state, and across the country with with some of the work we do, we’ve got brand new executives coming in to have the will, but we really want to make sure they have the skill. So it’s really near and dear to Isaac and I to make sure that we set up chambers for success, we just set up executives for success for career pathways for chamber, chamber management, and leadership, quite honestly. And then look at our boards of directors that continue to turn over there’s board burnout, no different than there’s executive burnout. And we find a lot of the times that we have board members that are willing to serve, but they don’t have the skill. They don’t understand what’s expected of them at that board of directors table, they don’t understand what’s expected of their skills, the skills that we can leverage of theirs, to really understand how to govern the Chamber of Commerce, and then you’ve got your members, they’ve got the will. But do they have the skills specifically to network? You know, I think chambers have a huge opportunity to do education attainment in networking. You know, we bring all these people to these events to network, some of are very uncomfortable. But then if networking is one of our number one spaces in some of in chambers, what are we doing to educate that member on how to specifically have the skill to to actually network understand the follow up afterwards, that drives more value for their experience?

Brandon Burton 28:57
I think that’s a valuable resource right there teaching how to network. Again, like I mentioned, can be super uncomfortable and and and it can be perceived you go to that experience. And it doesn’t go well as being a total waste of time. And what value does the chamber have for me, if that’s what their main selling proposition is? So being able to set them up for success, I think is huge. And goes right back to retention as well. So I like asking everyone I have on the show as we look to the future of chambers of commerce, how do you see the future chambers and their purpose going forward? JT, let’s we’ll go with you first this time.

Future of Chambers

Josh (JT) Torres 29:38
So I think the great business startup is happening and we see individuals that have had the skill for many years working for others start working for themselves. So I think entrepreneurialism and driving freelance and the gig economy I think is here to stay. I think chambers need to embrace and, and really empower entrepreneurship in their communities and be at the table with centers that provide that or find a way to quite honestly crowdfund a entrepreneurial community or create that ecosystem or be part of that ecosystem. I think that’s a big deal. Second to that I want and hope that chambers across North America, we, you know, again, we work in different parts of the country, even into Canada. And in the south Caribbean, there are there is absolutely an opportunity in the next five to 10 years and chambers for us to be driving global economy, just your chambers, having more of that virtual reality, the AI with chambers across the globe, having meetups with chambers in England, having meetups with chambers in Hawaii, Maine, chambers in Canada, and having live online networking opportunities that drive more of the global economy and get people really introduced to other parts of the world. I think chambers are positioned to do that fantastically.

Brandon Burton 30:57
I’m glad you touched on that the AI and the virtual experience, because we gained a little bit of that through COVID, learning how to use Zoom and do that sort of thing. But I think as we look to the future, for me, I actually am just releasing a blog post about this right now too. But as we look to the future, I like to look at, you know, the kids that are being raised right now, what are they into what’s their level of engagement, and they’re all playing these, you know, immersive, we would call them the video game, right? Whether it’s fortnight or Roblox or you know, any of these immersive type of games. And it’s not a start and a finish, like they’re living a life within this game. And they’re actually doing commerce within these games. So as a chamber of commerce looking to the future, they really should be looking at what that future generation is doing. And figure out how to get involved with that, you know, virtual commerce that’s that is going on, because it is very real. Isaac, what about you? How do you see the future and purpose of chambers,

Isaac Lee 32:05
I see the future that if you don’t change, you will become irrelevant. And what I mean by that is, most chambers have ran events the same way for a very long time. And there’s not anything wrong with that. But because of demographics, because of generational changes, and the things that the younger population are looking to get out of that relationship. Some of our older events have a tendency to fall by the wayside, declining revenues, declining attendance, they don’t offer the opportunity for them to be virtual, or engaged virtually pre and post the event. So really look at the things that you value within your organization, the events that you do, and find ways to introduce the opportunity to allow those to happen pre and post in a virtual environment, getting all populations involved, both young and old. From all of them different demographics and diversities to make sure that we’re preparing ourselves for what what comes ahead in terms of the way the population looks, it’s going to change, it’s changing now,

Brandon Burton 33:10
right underneath our nose, like that. And obviously, there’s a lot of events that chambers put on. But if you focus on maybe that big event that you do each year, or maybe it’s a couple of events, as you’re sharing that Isaac, I was thinking at ACC conferences here, they had the app people were engaging, you know, week leading up to it. And even a few days after the conference, you know, continuing to have those discussions and network virtually but then when you’re there in person, it was that much better. So great example I wanted to give you both an opportunity to share any contact information for people who’d like to reach out and connect with you and why don’t you share who would be the ideal type of chamber to work with chamber life and who could you best service

Connect with Isaac Lee & JT

Isaac Lee 33:59
Ooh, Josh, you want to go you want me to

Josh (JT) Torres 34:03
so I would say are the best benefit that we can provide for executives is a small to midsize chamber that is really our, our, our sweet spot. We provide a in addition to our automated productivity tool chamber life, we provide chamber moguls, which is a very much accelerated approach to leadership training, not management training for chambers. So we’re really in the business to take managers test and to make them leaders. So our software of course, does that one component piece where we automate the technology to give you more time to go out and build your business your chamber. So I think that that is definitely a our audience, our core audience.

Brandon Burton 34:51
Very good. Brandon, I add on that Isaac,

Isaac Lee 34:54
I was just gonna say I would add to it. In addition to the small and medium sized chambers, there’s really three things that we know our end users who excel in the system are doing, or have done in the past. If you write on post it notes and have them in your office, if you have a journal, and these are not all encompassing, by the way, if you have a journal and you use it actively, or if you have reminders in either Outlook or or Google or any other email services system, chamber life can help you with your organization.

Brandon Burton 35:26
So I think he just hit on everybody there between posted notes, journals, and the those reminders so. So contact information, what would be the best way for these especially small and midsize chambers to reach out and connect with you guys.

Josh (JT) Torres 35:42
So they can go to our website, YourChamberLife.com. And they’ll be able to get our information on there, they’ll be able to book a demo to either speak with us further about these types of opportunities, or take a test drive of our software.

Brandon Burton 36:01
Very good. I will get that in our show notes for this episode. So people can find that easily if they forget to add your to the beginning of that or whatever. So they can just go to the shownotes and find that. But Isaac, JT, I appreciate you guys taking some time to be with me today here on chamber chat podcast and and addressing an important issue of retention. I mean, that’s it’s kind of that stress that’s on top of every chambers. How do we keep these members that keep showing our value and relevancy? So, thank you for sharing your insight and experience with us and I’ve appreciate it.

Isaac Lee 36:38
Thank you, Brandon. We appreciate it. Tim.

Josh (JT) Torres 36:40
Thanks, everyone.

Brandon Burton 44:58
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Doing Commerce in the Metaverse

Future of Chambers

As I interview guests on Chamber Chat Podcast, I always ask the same question at the end of each episode.  That question is “how do you see the future of chambers of commerce and their purpose going forward?”.  I get a lot of great answers to this question as it forces us to take a glimpse into the future. Of course nobody really knows what the future holds, but it is a good idea as hall of fame hockey player, Wayne Gretzky says to skate to where the puck is going.

In an effort to gain a better understanding of where the future is going, I believe it is a good idea to look at the habits, trends, and even addictions of the next generations.  One of the biggest trends or addictions that I notice is the widespread adoption of immersive role playing “games”.  I put games in quotation marks because as it may appear to be a game to older generations, the ones who are immersed in these platforms are living another life within that ecosystem.

Traditional Video Games vs. Metaverse Games

When I was growing up, my friends and I would get together to play Nintendo games.  We would play games like Super Mario Bros., Tecmo Super Bowl, and later Street Fighter II.  Each new gaming system would bring along greater capacity for more realistic graphics.  To play these games, we would insert a game cartridge into the gaming system.  We would play until the game was over, we were out of lifes, or until an upset sibling turned the system off.  The games of today are very different.  Today, these games are connected through the internet to other gaming devices and many of these games can be played on a variety of platforms (TV screen, PC, smartphone, etc.). 

Another differentiating factor is that these games don’t necessarily end.  A player has their avatar or character in a virtual world where they “live”.  These avatars have homes, cars, clothes, among other possessions that they can collect, purchase, or trade throughout their virtual experience.  Did you notice that I said purchase?  Yes, these avatars are purchasing goods and services within the virtual world.  They are doing commerce.  

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Metaverse Now

When we hear or talk about the Metaverse, it is really an abstract concept of virtual worlds.  We tend to think about how this might look in the future while ignoring that this is happening NOW!  The next generations are already plugged into the Metaverse and doing commerce there.  

What grabbed my attention around this topic is the annual sales from the top three virtual or Metaverse platforms in comparison to one of the top real goods online retailers.  The combined annual sales of Roblox ($2.206B), Fortnite ($5.8B), and Minecraft ($380M) is $8.386B while Etsy, one of the top online retailers for real goods, has a total annual sales of $2.414B.  These three Metaverse games are out performing Etsy by 4X!  Is that worth taking note of?

Some of the world’s biggest companies and brands are starting to create digital products specifically for the Metaverse.  Nike has even launched virtual shoes.  Many of these brands are tying their digital products to an NFT which is also connected to a physical product.

Doing Digital Commerce

So, again, as we look to the future, if we look at those people who will be doing business and commerce in the future, what can we learn?  We learn that they are already comfortable with conducting business through a screen, a headset, and even an avatar.  We learn that their world is much smaller than the world a traditional business person might be used to.  When we are not limited by geography a whole new world of possibilities opens up.

As a chamber leader, I would suggest you spend some time with your children or grandchildren to learn more about what their virtual worlds look like.  Find out what they enjoy about their virtual experiences.  I believe that soon enough, we will no longer call these virtual worlds or virtual experiences, they will just be integrated into our everyday lives.

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It may be worth your time to bring on an intern who can help to make the connection between traditional business and virtual commerce.  Once your chamber members see that the puck is going in this direction, they will need to lean on their chamber to get up to speed quickly.  Now is the time for you to learn so you can help your member businesses pivot as the ecosystem matures.  There is space for every chamber of commerce in the Metaverse world.  There will also be a huge upside for those who partake in the first mover advantage.

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Utilizing NFTs for Membership Organizations

Disclaimer

I am going to start this article with a disclaimer that I realize you may have personal thoughts, concerns, or prejudices towards NTFs and cryptocurrencies.  I also understand that some of these terms may be completely foriegn to you.  In this article, I will try to explain some of these trending technologies in terms that are easy to understand.  I also want to encourage you to read this article with an open mind to maybe gain a better view of the direction the business world may be heading.

Over the past five year or so, I have been learning more about Bitcoin, crypto currencies, and more recently NFTs or non-fungible tokens.  As I started this education, I have learned a lot and my thoughts on these technologies have evolved over time and will likely continue to evolve along with these associated ecosystems.  I will also mention that the ideas that I will share in this article are very much to help you prepare for the future, not that you have to run and do anything about it today.

My Introduction to Bitcoin

So, let me backup my story to around 2010 when Bitcoin first hit my radar.  I remember sitting in my car in Seguin, TX listening to the radio and the radio host was talking about how someone had just bought a Papa John’s pizza, just a large pizza for 10,000 Bitcoin.  That was a news headline that day because it is the first time that we saw a real utility for Bitcoin.  Still at the time, the guy at the pizza shop probably paid for the pizza out of his pocket and kept the Bitcoin because nobody really understood what Bitcoin was or what it could do.  Fast forward to today’s price for Bitcoin, that was about a $300,000,000 pizza!  Compare that to the previous high for Bitcoin, that price tag would have been $690,000,000!  I guess that’s why they say hindsight is 20/20.

My next exposure to Bitcoin I believe was around 2014 when I was listening to a podcast about investing and the current price of Bitcoin was mentioned to be around $4,000.  I was in shock.  I could not believe anyone would pay that much for a digital coin that didn’t have any real utility.  This did peak my interest though so I started to learn more about Bitcoin and why people would pay so much to own it.

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The more I learned, the more it intrigued me.  I learned that the creator of Bitcoin is anonymous and once Bitcoin was launched, he/she/they disappeared.  This means that Bitcoin is a decentralized monetary system.  There is no company headquarters.  There is no person to be subpoenaed if someone has a grievance.  Instead, there are 1) Bitcoin miners who are competing with other miners by completing complicated mathematical problems to then be rewarded with Bitcoin, 2) individual nodes on the Bitcoin network which validate transactions on the open blockchain ledger.  I also learned that in the code for Bitcoin, there will only ever be 21 million in circulation.  This is done through programming and the rewards to miners.  So there is a fixed supply, and nobody has the authority or ability to create more.

Because of these traits, Bitcoin is often referred to as digital gold as a store of value or a hedge against inflation.  However, unlike gold, Bitcoin is easily sent to the other side of the world almost instantaneously.  Bitcoin also established what is known as the blockchain which is the technology that all other crypto currencies operate with.

Many other crypto currencies have since spun off from the initial creation of Bitcoin, each with different purposes and utilities.  One of the most popular is Etherium which is known for it’s smart contract feature.  However there are others such as Solana.

I mention these other crypto currencies because they are often used to transact NFTs.  

What is an NFT?

An NFT is a non-fungible token.  This means that it is a digital token with unique characteristics that cannot be duplicated, thus giving unique rights of ownership.  If you think of a dollar bill, they are essentially all the same.  If I asked you to hand me a dollar bill, I don’t care if it is the one in the front of your wallet, or the one in the back, or the one in your pocket, or from your junk drawer, they are all the same and carry the same value.  An NFT, there is only one of a kind, each with a unique value.

In an effort to show utility for NFTs, the early adoption was with digital art.  A creator or artist can publish or “mint” their art as an NFT and whoever purchases the NFT would be the authentic owner of that art.  For me, there were too many holes with this example for me to grasp onto and I quickly dismissed the value of an NFT utility.  Then I heard of some examples that caught my interest much like Bitcoin did back in 2014.  Think of the title of your home, there is only one, and you are the owner of it.  That could easily become an NFT and rather than purchasing title insurance, the owner of the NFT is verified on the blockchain network.  I know, as I explain this, that seems like it is really far in the future, and maybe it is but it is coming.  The same is true for a drivers license or any government issued ID.  They could be issued as an NFT that you keep in your crypto wallet.

As I continued to digest what I was learning about NFTs, I was looking for other ways an NFT could be applied.  I heard of Gary Vaynerchuk.  Gary is a podcaster, wine seller, and social media influencer.  During the pandemic, Gary started an NFT project called VeeFriends.  The way it works is Gary minted over 10,000 doodles of different animals such as Passionate Parrot.  Each NFT in addition to the art (which was not very special) you also gained access to Gary.  Some of the NFTs also gave you 30 minutes of business consulting with Gary, dinner with Gary, or a game of chess with Gary.  Gary also promised to hold an annual conference for the holders of his NFT and the NFT serves as your ticket to the conference.  

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Since launching VeeFriends, Gary has continued to “airdrop” more assets and value to his NFT holders.  There is also a healthy aftermarket for NFTs and because they are bought and sold within the Etherium smart contract network, Gary earns a 10% royalty on every resale of his NFTs.

How NFTs Can Be Utilized

When I heard about VeeFriends, my mind began to wonder and to explore other NFT uses.  I was working on a Chamber Podcast Course at the time I learned about VeeFriends.  I had the thought of launching my course as an NFT essentially to give access to the course.  My thought was if I only had 10 NFTs for my course, once a chamber took the course and learned how to podcast, they no longer have a need for it.  Why not allow them to resell the course to another chamber.  This would allow for the first chamber to recover their investment after they got the value they needed, and then they would have motivation to resell and essentially market the course to other chambers and I could get a royalty for the ongoing resells of the course.  Great idea right?  I think it was a great idea, a couple years too early…

That led me to think about chambers in general.  As a membership organization, it is all about providing access to information, events, opportunities, products, etc.  Why not bundle these offerings into a tiered dues type of NFT project?  Because they are based on smart contracts, if a business were to move, they could sell their membership and you would get a commission or royalty.  Your ambassadors could purchase multiple NFTs and sell them to other businesses.  The NFT would be their ticket to your annual meeting, luncheons, trainings, etc.  Businesses could purchase multiple NFTs for other staff members.  You could set the terms within the smart contract for how long the NFT was good for, 1 year, 2 years, etc.  I hope this is giving you some ideas.

As the idea of NFTs for membership continues to evolve, we could see a time where a DAO could be set up.  A DAO is a decentralized autonomous organization.  Essentially, this DAO could function as a board of directors.  The options are limitless.  However, timing is everything.  At this stage, I believe education is key.  Do what you can to learn about crypto currency, Bitcoin, and NFTs.  Play with some “live ammo” or in other words make some small purchases to see how these things work so you know how to educate your members as the time comes.

Again, the purpose of this article is not for you to stop the way you are doing things and to make a hard pivot, but rather as Wayne Gretsky says skate to where the puck is headed rather than where it is.

If you would like to start playing in the crypto world, I do have an affiliate link for Coinbase which would give you and I both $10 worth of Bitcoin if you use the link provided.

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