Meaningful milestones

Some milestones that receive too much attention:

  • Closed an investment round
  • Cleared 100 employees
  • Leased new office space

Some milestones that receive insufficient attention:

  • Closed the first customer
  • Closed the 100th customer
  • Closed the 1,000th customer
  • First profitable month
  • First profitable quarter
  • First profitable year
  • 1st distribution to owners
  • 100,000th dollar distributed to owners
  • 1,000,000th dollar distributed to owners
  • Etc.

Cultivating a culture of empowerment (podcast interview)

Earlier this year, Victoria Downing and Mark Harari interviewed me for the Remodelers Advantage’s PowerTips podcast. Though PowerTips is intended specifically for owners of remodeling businesses, Vic and Mark were gracious enough to let me spend the entirety of the interview discussing leadership philosophy (one of my favorite topics).

Unintended Consequences of Land Use Regulation

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Typical development pattern prescribed by zoning. Anything else is illegal. (photo via Brookings Institute)

Arguably, land use controls have a more widespread impact on the lives of ordinary Americans than any other regulation. These controls, typically imposed by localities, make housing more expensive and restrict the growth of America’s most successful metropolitan areas. These regulations have accreted over time with virtually no cost-benefit analysis. Restricting growth is often locally popular. Promoting affordability is hardly a financially attractive aim for someone who owns a home. Yet the maze of local land use controls imposes costs on outsiders, and on the American economy as a whole.

From The Brookings Institute comes an excellent description of the insidiousness of land use regulations. There’s a tremendous amount of negative that has trickled down from these regulations, and what benefit there has been accrues overwhelmingly to the large landholders and real estate development companies that either have the political clout to influence them or can sustain the overhead necessary to navigate them.

HT @jimmyardis