The Great Reboot - Soaring U.S. business starts in pandemic show new normal evolving

  

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Via:  hallux  •  8 months ago  •  10 comments

By:   Howard Schneider - Reuters

The Great Reboot - Soaring U.S. business starts in pandemic show new normal evolving

S E E D E D   C O N T E N T



ASHEVILLE, N.C., Oct 28 (Reuters) - The pandemic shuttered large parts of the U.S. economy in 2020 and may have driven hundreds of thousands of businesses into failure, but for entrepreneurs in North Carolina it triggered a wave of activity.
Healthcare chief executive Dana Allison quit one startup to begin another; restaurateur Eric Scheffer leveraged demand for outdoor dining into a new oyster restaurant with ample patio space; hotel owner Himanshu Karvir pushed ahead with a new Westin Element banking on Asheville's appeal as a smaller town with an outdoor culture; Axie Blundon pivoted his cannabis firm to add hand sanitizer under a separate brand.
"When the pandemic happened the world kind of stopped. That does not mean our minds stopped," Lincoln Walters, the family life director at a local church, said in explaining why amidst a global shutdown he committed $75,000 to convert a former stove shop in nearby Black Mountain to a consignment space for local gear manufacturers, centered around an open air coffee and beer garden
"Retail is changing. What can you do different, physically, to create space that people want to be part of? Create community...People may not need a climbing harness every day but they may need a beer to tell the story about their climb," Walters said.
It may be a leap in

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Hallux
Sophomore Principal
1  seeder  Hallux    8 months ago

Add a dash of entrepreneurship and the economic universe will evolve as it should, although not backwards to what it was … devolution would be a black swan event.

 
 
 
devangelical
Professor Principal
1.1  devangelical  replied to  Hallux @1    8 months ago

hopefully the post pandemic economy proves terminal to those businesses that didn't adapt while waiting for the status quo to return.

 
 
 
Kavika
Professor Principal
1.2  Kavika   replied to  Hallux @1    8 months ago

Ashville is one of my favorite cities, I visit friends there often. 

I'm not surprised that these new ventures are taking place there. From the people that I've met in Ashville it seems like they are always ready for a challenge.

 
 
 
JBB
Professor Principal
2  JBB    8 months ago

Outside the ugly false dystopian bubble of far rightwing hate and negativity Americans are moving forward. 

Our futures is so bright we had better wear shades.

 
 
 
Hallux
Sophomore Principal
2.1  seeder  Hallux  replied to  JBB @2    8 months ago

Donald's Dystopian Dynasty of Debbie Downers?

 
 
 
JBB
Professor Principal
2.1.1  JBB  replied to  Hallux @2.1    8 months ago

The Nasty Nabobs of Negativity...

 
 
 
Paula Bartholomew
Professor Guide
3  Paula Bartholomew    8 months ago

I am optimistic but cautious.

 
 
 
Moose Knuckle
Freshman Participates
4  Moose Knuckle    8 months ago

[deleted]

 
 
 
Hallux
Sophomore Principal
4.1  seeder  Hallux  replied to  Moose Knuckle @4    8 months ago

I have asked for your post to be reinstated.

 
 

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