November 2023 Newsletter

It's the Season of Thanksgiving

by Tim Fulton

This time of year, I am prone to reflect on the gifts of life for which I am most thankful. I hope that sharing my list might prompt you to share your own list with those you care about the most.

I am thankful for the clients I work with who challenge me in ways they may never realize and in return provide me with rewards beyond belief.

I am thankful for the chill of fall, the warmth of spring, and the brilliant colors of both seasons.

I am thankful for relatively low interest rates, relatively high employment, and an economics degree that helps me make some sense of both.

I am thankful that this past year I had the opportunity to spend three weeks traveling Canada from Nova Scotia to Montreal, Toronto, and Quebec City.

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SMALL BUSINESS MATTERS THE PODCAST

Steve Reisig is one of the founding partners of SRSA Commercial Real Estate and specializes in the leasing and sale of office and industrial space. His impressive career includes over 33 years of experience in commercial real estate brokerage, consulting and asset management and his portfolio boasts over One Billion dollars in sales and leases.

Reisig along with his partner Barry Spizer, CCIM, received the F. Poche Waguespack Award for the highest volume of commercial real estate sales and leases in Louisiana. Reisig is a multi-million dollar producer and recognized by the Real Estate Board of New Orleans as a Life Member and Super Salesman for 27 consecutive years.

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BOOK OF THE MONTH

Imagine you are the richest person in the world under the age of 30. You have catapulted onto the Forbes billionaires list. CEOs, celebrities, and leaders of small countries are all vying for your time and your money. And then, you lose it all—almost overnight.

This is the story of Sam Bankman-Fried as told in best-selling author Michael Lewis’s new book Going Infinite. Bankman’s financial goal was to reach “infinity dollars”. He wanted to solve the earth’s biggest existential risks like nuclear war, pandemics, and artificial intelligence.

Right before his fall, he was working on wiping out the national debt of the Bahamas. And then, starting in the Fall of 2022, his company FTX crumbled, his employees fled the company headquarters in the Bahamas, and shortly after the U.S. Justice Department swooped in and charged him with multiple counts of fraud. The courts convicted him of the charges this past month.

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TIM'S BOOKS - Perfect for Christmas Gifts

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DID YOU KNOW?

It’s no secret that employers across all industries are struggling to attract and retain talent right now. In fact, one recent study found that 60% of organizations can’t find the workers they need to meet demand. With nearly 4 million workers leaving their jobs every single month — an all-time high — it appears this problem isn’t going away any time soon.



In an age where companies like McDonald’s are willing to pay workers $21 an hour, money alone isn’t enough to move the needle, as workers have the upper hand in this market.

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