Saturday Cup of Joe from Detroit

235.

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Detroit at sunset

“There is no evil in things changing, just as there is no good in persisting in a new state.” — Marcus Aurelius

A pro pos of nothing, I’m going to try to incorporate morning walks in my routine. It’s a big ask. I know it doesn’t sound that way but it is. I love staying up late and hate getting up in the morning. Sometimes, I write or work late into the night getting inspired and staying up even later. So mornings can be tough.

But anytime I see an article about the 7 reasons I should do whatever-it-is-that-I-believe-I-should-be-doing-anyway, I click. Here, I not only clicked but I committed to trying out the morning walk. I mean, optic flow, light cardio AND sunlight.

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That sunset, tho.

In 2016, the real winner on Election Night was widely considered to be late night talk show hosts. Whether or not that turned out to be true, the consensus this time around seems to be those meme creators are the big winners. So many Internet jokes.

As soon as I try to write about this election, here tonight, however I don’t find much to say. What’s left to contribute? Here is a quick list of what stood out to me:

1. Many more votes overall, particularly for President Trump, than I anticipated. Trump found 22 million more votes this time around.

2. No surprise whatsoever that mail-in votes were predominately votes for Biden. The President actively discouraged Republicans from utilizing mail-in and Democrats were more concerned with public health.

3. I think the word mandate gets overused a lot.

4. Certifying an election is important work at the state & local level. All the attention on mail-in ballots clearly had states prepared. Preparation and clear decision-making is key. Case in point — Pennsylvania wisely continued counting ballots while separating (and counting) provisional ballots as well.

5. People are really resistant to change. If “stop the count” worked in 2000, it becomes the cornerstone of a strategy that did not seem to make legal (or logical) sense this time around.

6. Ted Cruz’s Twitter feed is bonkers. What happened to that guy? I thought Senator Cruz was for-sure the future of the GOP post-Trump. Yikes.

7. There’s been an interesting resurgence in reflecting on past elections and past Presidents as a result of this historic 2020 election. More below.

8. We still have a long way to go until the Electoral College certifies their votes beginning on December 14, but from everything the states seem to be indicating, we will have close but final decision soon.

One example of transition (our last 1 term President) is worth noting. I watched George H.W. Bush’s concession speech (thanks to a text from my cousin, Chad) and reread Bush’s letter to Clinton below.

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It’s worth reprinting here:

January 20, 1993

Dear Bill,

When I walked into this office just now I felt the same sense of wonder and respect that I felt four years ago. I know you will feel that, too.

I wish you great happiness here. I never felt the loneliness some Presidents have described.

There will be very tough times, made even more difficult by criticism you may not think is fair. I’m not a very good one to give advice; but just don’t let the critics discourage you or push you off course.

You will be our President when you read this note. I wish you well. I wish your family well.

Your success now is our country’s success. I am rooting hard for you.

Good luck — George.

Enough said.

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As seen on Instagram

When does a trend become a trend? Early in April 2020, I was writing about how disruptions like this COVID-19 pandemic could significantly change people’s decisions about life, work and commute. It was too early to make those predictions. Not because it did not turn out to be true, but because our attention was focused on other things — understanding the virus, managing crisis response, and checking in on friends & families.

As the pandemic has progressed, we handled more of the changes and began to turn our focus to the larger, long-term trends. The data shows that home purchases have skewed toward first-time home buyers. According to National Association of Realtors (NAR), first-time buyers made up 31% of home sales in September.

Homeownership rate overall continues to over index with non-Hispanic whites and under index with Blacks.

Non-Hispanic whites have a homeownership rate of 75.8% compared to a 46.4% rate among Blacks, 50.9% among Hispanics, and 61.0% among Asian, native Hawaiian, and Pacific Islanders, census data shows.

There is a lot of work to be done around homeownership and, particularly, affordable homeownership in communities of color. But there is a lot of opportunity as well.

Well housed communities are more economically stable, safer and overall more equitable. In fact, housing opportunities and home ownership support vibrant economies and communities. So whether you believe in the dignity of everyone in the community or you are looking for the best competitive market opportunities, safe communities spend money. Mistreatment, threats and violence stifle equality (of course) but also stifle economic activity.

Ensuring every member of the community feels safe and valued while creating opportunities in homeownership, employment and healthcare leads to strong economic stability.

In other words, even if you cannot bring yourself to love and respect your neighbors, inclusion is good for the bottom line too.

This is going to be important because we’re just now seeing the beginning of rapid change. Employers are hesitant to bring back the entire workforce to the office. Some tech companies have announced no return to the office indefinitely.

It’s not just employers. Employees are leaving states like California. I spoke with one CEO of a mid-sized company in California who watched over 10% of his workforce move out of CA this year.

According to a new study released by Upwork, “an astonishing 14 million to 23 million Americans intend to relocate to a different city or region as a result of telework.” Think how many more would if they knew their job was secure.

Some tech companies tried the first mover advantage announcing early to set the tone. One reason is the fight to retain talent. If another company is willing to allow telework or use it as a recruiting tool, the race for top talent is on.

And why not?

So, if that’s true, what happens next?

Let’s take another swing at some too-early-predictions:

Many more companies allow full time work-from-home. Those companies will also adjust salaries based on geographic cost of living standards more dramatically than ever before.

Business travel will be much more event-driven and less meeting-driven. Companies will likely still need places to meet 1–4 times a year, large enough to host the entire company, entire operating unit or entire department.

Commercial real estate must become much more flexible and customizable to meet both permanent tenants with fewer employees per floor and temporary space for teams to collaborate on shorter term projects.

After Utah, Idaho, Colorado and Texas become overwhelmed with new home buyers, the Next Belt — PA, MI, WI, OH and KY — will attract influx of young, first-time home buyers.

Jobs in hospitality and travel will necessarily need to shift somewhere else but innovation will leverage these people because on-demand, high quality labor trained in customer service is still needed in a variety of expanding industries.

Travel experiences will become more frequent as the ability to work while on-location opens up new vacation or semi-vacation possibilities for many people. Exploring a new part of the country will maintaining the ability to work during the day from the house or hotel will be a change that lasts.

NBA found an exciting way to host a “tournament” in a central location and could incorporate that into the season opener or special, mid-season Christmas tournament.

MLB confirmed that hometown fans are vital to the success of the product on television.

NFL learned nothing. Business as usual.

Quote: “Don’t trust in your reputation, money, or position, but in the strength that is yours — namely, your judgments about the things that you control and don’t control. For this alone is what makes us free and unfettered, that picks us up by the neck from the depths and lifts us eye to eye with the rich and powerful.” — Epictetus

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Detroit, MI

Bonus Content: Outside Online posted some interested companies on their Best Places to Work 2020 list. Check it out for some ideas on dog-friendly offices, in-house happy hours and Costco memberships for everyone.

Continued success and continue to answer well,

Written by

Thinker, curious leader, once an attorney…always trying to answer well.

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