From the Director

Articles by Sheryl Vollertsen
Economic Development Coordinator
   Definition of Success

  What Comes First in Economic Development?
  Being an Entrepreneur
  Community Pride
Definition of Success
by Sheryl Vollertsen
Economic Development Coordinator

This is the season of harvest…..pumpkins….Halloween. Youngsters of all ages will dress in costume for Trick or Treat.

This makes me think of what my children considered a successful Halloween. It was usually the amount of “food” they collected, or when their costumes were so grand that not even their Grandparents could tell it was them.

Farmers determine success in Bushels per Acre; businesses may look at Net Profit or New Customers; some may look at New Lines of Inventory. Individually, we may look at Reaching a Certain Age; or the Number of Wins of our favorite sports team.

How can a community determine success? Is it new businesses opening? Expanding a celebration? A new owner for an existing business? Or does it have to be a “Smoke-stack” to be a success?

30 years ago, recruiting business was called “Industrial Development”. It was a time of growth in industry and many were expanding to new locations. When success came it was known by the “smoke-stack” that grew out of the building.

Today’s recruitment focuses on filling a need, expanding inventory, the successful transition from one owner to another. Many of these have happened in Oxford this last year. Little Rigs, The Cornhusker, Oxford Super Market, Steamer’s, Mort’s Lodge, Heartland Family Medicine, Mark’s Pharmacy – to name a few. Plus the expansion of Mid-Nebraska Individual Services. There is also the major remodeling of the Gupton building.

The point is: all of these individuals and businesses are “investing” in the future of Oxford! That is success!! There are lots of other activities underway in the form of expansions or new developments that are not yet in the “Announce-to-the-public” stage.

So when I think of success, I think of Oxford! I hope you do too!!


What Comes First in Economic Development?

by Sheryl Vollertsen
Economic Development Coordinator


What came first…..the chicken or the egg? Sometimes a similar question is asked by those doing economic development. Do we first get the business, and then seek out employees? Or do we need potential employees first in order to get the business? Or is it important to update our housing in order to get the employees? The right answer in today’s world is “all of the above”.

To understand this, let’s look at what a business takes into consideration. If you are one of the few communities a business is considering, they first check to see if you have the “utility structure” they need. (so it is important to keep those things like gas, electric and telecommunications access up to date.)

The next thing is the tax structure of your state and transportation costs. (Transportation costs are partially determined by your geographic location, and this is the one thing you can’t change.)

Then they look at people that will be relocating. What type of housing is available? And what is there for children, in the way of library, swimming pool, ballfields, parks? (this is why we evaluate the condition of the trees in our parks, the playground equipment, the swimming facilities.)

It’s sort of like getting your house ready to be sold. It doesn’t matter if the windows are sparkling clean if you dump trash on your front lawn. Painting the outside of the house won’t compensate for an interior that hasn’t had new paint on the walls for 20 years. It all has to be looked at as a “unit”. And so it is for economic development.

Each thing you do gets you ready for the “Sale”. That’s why economic development is called a process. As for the chicken or egg question, the process of “community development” has to occur to achieve success.



Being an Entrepreneur

by Sheryl Vollertsen, Economic Development Coordinator


E-what?

The “technology age” has brought with it a whole new language that is not always easy to understand. There is E-Commerce (selling electronically); E-Bay (auctioning electronically); and Entrepreneurship is now getting talked about a lot.

Webster's Dictionary defines an Entrepreneur as “one who organizes, manages and assumes the risks of a business.” Others will tell you that if you have ever left a business thinking “if they would do such-and-such, they could sell more products”, then you have the fortitude to be an entrepreneur. Others will tell you it is a trait you are born with; it is an art; or it is being focused.

“Entrepreneur.com” says that the one ability, skill, or interest by entrepreneurs that are successful is the ability to perceive the world as a System. This is someone who sees the world as the “whole of its parts”. They see purpose and meaning.



Community Pride

by Sheryl Vollertsen, Economic Development Coordinator

Now that most of the high school proms have taken place, we know it will soon be time for Alumni Banquets. Are you ready?

A few years ago I had a conversation with a graduate had returned for their 20th Alumni Banquet. When asked if they enjoyed it, their reply was: “What’s happened to the town? Where’s the community pride? It looks like my town doesn’t like itself anymore.” When asked to explain what they meant, the former resident replied that there were weeds in the sidewalks, abandoned vehicles in plain site, downtown windows were dirty, and the old flowers from last year were still sitting in the containers.

Have you looked at yourself lately? No, not the reflection in the mirror, but the appearance of your business or home through the eyes of a stranger. Some will say they never go through their front door, so they don’t know what their front side looks like. Well now is the time to do so.

There are many people coming for the Alumni Banquet, Turkey Days, and city-wide garage sales in May and June, so there is a good reason for you to do some sprucing up!

Oxford is being “judged” by everyone who stops or passes through. This is one of the most important aspects that determines if a business is willing to settle here. They may not know anything about the community, but if it doesn’t have PRIDE, they make the assumption that they don’t want to be here. It doesn’t involve spending a lot of money, but simple things like keeping your buildings painted, mowing the yard regularly, basically just doing some cleaning up.

This week, take a minute to pretend you don’t know your business or place of residence. Drive by slowly looking at it as if you were thinking to buy it. Would you make an offer on it? Take some pride in where you live and you’ll feel better about where you live. And your neighbors will thank you for it!





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