1. Air travel -- Air travel in general
-- and the recent development of small, relatively low-cost commuter
jets allow air taxi services to develop for commuting from small
communities to large cities in particular -- is changing where
people can live and how they work.
2. Development of telephone and Internet service -- which
has allowed many people to work at home;
3. Deregulation -- which has lowered the cost of air travel
and other needed services related to where a person works.
4. Quality of life/cost of living -- Smaller towns have a higher
quality of life than bigger cities and a lower cost of living,
which means someone earning $100,000 in Silicon Valley can live
a similar lifestyle in a rural city on $45,000 a year.
While studying small towns and cities, Schultz also wondered
why some were successful while others stagnated. "I was
intrigued by how different towns go down different paths," Schultz
told a small audience of interested listeners Monday in the Marsh
Foundation auditorium. "Some of those paths are successful,
some not so successful." Schultz and his staff looked at
15,800 small towns located outside MSAs (Metropolitan Statistical
Areas) and, using criteria they developed, started looking at
successful communities, narrowing the list from 1,200 to 800
to 397 towns, and then came up with a list of the top 100 agurbs
in the country. Those towns had more population and job growth
than metropolitan areas and were significantly more successful
in increasing tax revenues. Schultz talked about some of those
successful communities, from which he developed his "7½ Keys
to Big Success in Small Towns." Those include:
Adopt a "can do" attitude.
Develop a vision.
Leverage resources .
Raise up strong leaders.
Encourage the entrepreneurial approach.
Maintain local control (support locally-owned banks, media,
etc.)
Build your brand (make your town stand out from others). |