Exploring the Hampton Roads Workforce Study

Peter Grimm and Kris Cravey from Fahrenheit Advisors join the podcast to discuss the Hampton Roads workforce study, and delve into the study's key findings, methodology, and surprising revelations. The conversation addresses economic development, cost of living, wages, and the impact of remote work on talent acquisition. They also explore regional identity, local culture, and encouraging regional self-belief and growth potential. Chapters:  (0:00) Introduction and birthday wishes (2:19) Introduction of guests from Fahrenheit Advisors (3:35) Hosts and guests discuss their backgrounds and study overview (6:18) Key findings and methodology of the Hampton Roads workforce study (11:12) Surprises and initial reactions to the workforce report (14:06) Economic development, cost of living, and wages discussion (19:22) Impact of remote work on talent acquisition and regional branding (27:28) Discussing regional identity and the 757 branding attempt (29:53) Public safety perceptions and the Boomerang effect (37:45) Strategies for talent retention and attracting industry (43:42) Challenges and opportunities for regional collaboration (51:04) Introduction to Fahrenheit Advisors and local cultural discussion (58:31) Encouraging regional self-belief and growth potential (1:00:08) Closing remarks and final thoughts Did you know that only 4% of businesses hit $1M in revenue? Tim Ryan and Zack Miller are the creators of The Fervent Four Show, designed to help you get there. ABOUT THE HOSTS: Zack Miller is a serial entrepreneur and author of Anomaly, a guide on differentiating yourself and your business from the crowd. Tim Ryan is an angel investor and the Executive Director of Innovate Hampton Roads, an organization dedicated to connecting entrepreneurs with resources in Hampton Roads, Virginia. Tim also serves as the Director of REaKTOR, a space for technology-based startups to start and grow. Check them out Live every Thursday at 11 AM: https://www.innovate757.org/live/