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Is It Worth It?
Now there is a question that no Executive Director of any Business Development Not for Profit, organization ever wants to hear. After all, 90% of SDSI’s revenue comes from membership. The inherent promise that we have with each SDSI member is simple: we will deliver a service to your company that represents a value greater than your membership fee.
Well, SDSI is a business development organization, so our mission is pretty clear: Help members develop the business! The challenge is to be relevant and timely. The second aspect of what we are doing is development of a community of businesses in our space to move the industry forward and enhance the greater good. For many, the blend of doing well and doing good is key.
I thought you might be interested to hear about a few of our recent activities and business topics:
• Montly SDSI Breakfast Collab: Ask the 'Eggs'pert
• Sourcify, Global manufacturing strategies and tariff management
• Corporate Valuation
• Specialty Financing
• Amazon 1.0, 2.0, 3.0
• Digital Marketing
• Cross Border visits to Taylor Guitars
• Rapid Prototyping
• CBD and Sport Medicine
• Platypus Neuro Institute on Cognitive Training & Athlete performance
• Cross Border 3PL visit and Section 321
• Meet the Legends with Legendary Bob McKnight and Pam Theodosakis sponsored by Banner Bank
• 2020 Olympic Games Introductory Sports Panel
• SDSI Gateway, Accelerator, and MBA programming
… to name a few! But, the value of an SDSI membership depends on your involvement. The business network is powerful. Being a citizen in the SDSI community is equally important.
bob
SDSI Accelerator Application Period Opening Soon
SDSI's Accelerator application period opens August 5th! For more information on the program, visit our website and check back after August 5th. We will also be sure to send out reminders on linkedin, twitter, and facebook so make sure you're following us there and share this amazing resource with your network!
SDSI Welcomes New Members FIT4Mom, 5P Consulting, and Renewing Member, Hookit
FIT4MOM is the nation’s leading company for pre and postnatal health, wellness, and fitness programs for every stage of motherhood. By providing mom with the support, community and self-care she needs during pregnancy, postpartum and throughout every stage of her motherhood journey, we believe moms will raise healthy, strong families. FIT4MOM is more than a fitness franchise; we believe in building communities through connecting with local families, businesses, entrepreneurs, and neighborhoods. Learn more at www.fit4mom.com
5P Consulting: As an avid outdoor enthusiast and technologist, I'm excited to join SDSI.
My company, 5P, is a business consulting and solution delivery company. We're a group of business and technology experts that help companies grow and succeed. We work with our clients to improve their business processes such as sales cycles, finance, and operations. Our expertise across ERP and CRM includes Salesforce, NetSuite, and customer service platforms.
We're located right here in San Diego and I'm looking forward to meeting great people and hearing about the products and the future of sports innovation!
-Randy Jasinski www.5pconsulting.biz
Hookit is excited to renew with SDSI for another year! We are focused on helping brands evolve the way they make sponsorship decisions using the best data available by focusing on social and digital promotion. Learn more at www.hookit.com!
Complementary Legal Consultation - Ask the Lawyer with Procopio
SDSI’s Ask the Lawyer Office Hours with Procopio law firm is one of the rare places business owners can gain access to trusted, complementary legal consultation. Our next Office Hours are Thursday, August 15, beginning at 1:30pm. there is limited availability so make your appointment now for access to these Sport & Active Lifestyle legal experts. Meetings will be held at SDSI headquarters in Solana Beach.
DSRT Surf Wave Pool Coming to Palm Desert
SDSI Advisory Board Member, John Luff, partners with Doug Sheres, Don Rady, and several pro surfers to bring a surf pool to Palm Desert. The surf pool will be the main attraction with development around it in the form of a hotel, restaurants, retail, etc. “The surf pool will have legs and generate a lot of revenue,” Luff said. “And without the surf pool, the development itself wouldn’t be as attractive.” Read more details on surfline.
New Tournament Director for Farmers Insurance Open
Unfortunately, San Diego will be losing Peter Ripa who has grown the Farmers Inusrance Open significantly and showcased San Diego to countless viewers over the past 8 years. He is now headed to his hometown of Tampa, Florida to become the director of the Pelican Women’s Championship. On the positive side, the Tournament will be remaining in excellent hands. The Century Club of San Diego has announced that Marty Gorsich will be promoted to CEO of the Farmers Insurance Open. Gorsich has been with the Century Club since 2012 and has served as the COO since 2016. Read the press release announcing Gorsich as the new CEO and the announcement that Peter Ripa was departing and the impact he has had on the tournament
SMLA Fireside Chat with Kate Nowlan on August 14th
Join the Sales and Marketing Leadership Alliance (SMLA) for an intimate fireside chat with Kate Nowlan on August 14th. Kate co-founded Graced By Grit in 2013 which was recently acquired by HYLETE where Kate is currently serving as VP of Brand Experience. This candid discussion, moderated by Ken Schmitt of Turninpoint Executive Search, will cover building a company for acquisition, the athleisure industry, creating a culture of drive and respect, and the opportunities for female CEO/Founders. The event is free for SMLA members or $40 for nonmembers if you register online.
Access Youth Academy Gala Coming to Mission Bay September 7th
Join Access Youth Academy for a night of inspiration and positivity at Paradise Point Resort and Spa. Access Youth Academy uses the sport of squash as a vehicle to help underserved children grow into responsible and honorable adults. The program boasts a 100% high school graduation rate and a 100% college acceptance rate with $6.3M generated in scholarships! This Gala is unique in that the evenings hosts and key speakers are current students and program graduates. This provides an opportunity to showcase the program’s impact and the student’s stories through their own words. Get your ticket and learn more from the event website.
Sony to Raise $185M for Startups in High Growth Industries
Sony is partnering with Daiwa to introduce a $185M fund called Innovation Growth Ventures. This will act as another investment vehicle alongside the existing Sony Innovation Fund that has been operating for 3 years and has made 40 investments. “Through its corporate venture capital activities to date, Sony has incubated the next generation of technologies and startups while promoting open innovation,” Sony Executive Vice President Toshimoto Mitomo said in a news release. “With the establishment of this fund through (Innovation Growth Ventures), we hope to accelerate open innovation while contributing to social development.” Read the full article at SDBJ (subscription required).
San Diego Seals Acquire NLL Superstar; Wesley Berg & Austin Staats Named Rookie of the Year
The Seals announced earlier this month that they have acquired right-handed forward Wesley Berg from the Calgary Roughnecks. Berg has 99 goals and 133 assists in his 54 career games and the 26 year old will surely make a difference for the Seals this season. In exchange for Berg, the Seals gave up a 2019 first round pick, a 2021 second-round pick, and Forward Turner Evans. “We are very excited to have acquired one of the top offensive players in the league,” said general manager and head coach Patrick Merrill. “He is in the prime of his career and looking forward to a new beginning. We couldn’t be happier to welcome him to the team and to the city of San Diego. I believe he is someone that Seals fans are going to be really excited for.” Read the full press release for more on the acquisition. Additionally, Seals standout player Austin Staats was named NLL Rookie of the Year despite missing the last month of the season with a torn ACL. Read the full story for more on Staats winning this prestigious honor.
Zoic Can Outfit the Whole Family
Singletrack.com gave a first look at the Zoic product line for the family… because a family that mountain bikes together, stays together. The article points out some specific products that only Zoic offers and touches on its 25-year-old brand history to make MAMIL’s go extinct (that’s Middle Aged Men In Lycra) by being one of the earliest proponents for baggy shorts. Read the full review online.
American Wave Machines Profiled in SDBJ
On the front page of the July 15th issue of SDBJ the main story is about the wave pool headquarters we have here in San Diego. And you can’t talk about Surf Park technology in San Diego without talking about American Wave Machines (AWM). The appetite is there, for their installment in Waco, Texas, “Since opening, the PerfectSwell pool at the resort has been booked every hour of the day, every day of the week," Willy McFarland said. "It costs surfers between $60 and $90 per hour and can host nine to 12 people per hour. Private bookings start at around $2,500 for an hour, with the park open from 11a.m. to 7p.m. daily”. Read the full article from SDBJ (subscription required.)
REEF Supporting LGBTQ+ Community with Pride Sandals
As part of REEF’s Beach Freely campaign celebrating the diversity of the beach culture, they have put forth a new design with rainbow designs to celebrate the LGBTQ+ community. REEF will donate 100% of proceeds from the online sales of this collection to PFLAG national which supports LGBTQ+ people, their parents, families, and allies. Read the full press release for more on these new products.
Vuori’s Joe Kudla Talks Growth with Retail Touch Points
The author introduces this interview saying, “in this exclusive interview, Vuori Founder and CEO Joe Kudla discusses how the brand has successfully kept up with the demands of growth, expanded its selection and balanced its wholesale, brick-and-mortar and e-Commerce businesses without losing sight of its core objectives” Read the full Q&A to get caught up on the impressive triple digit growth trajectory Vuori continues to enjoy.
Drew Brees Becomes a Strategic Partner Investing in Surf Cup Sports
NFL Quarterback and longtime San Diegan, Drew Brees has made a significant investment in Surf Cup Sports stating, “my goal is to impact the lives of kids through sport. Sports have played a huge role in my life and I'm thrilled about joining and sharing my energy and experiences with the leadership team at Surf Sports. Surf Sports is the perfect partner for me and my family, and I believe our impact and reach will extend well beyond our local community," read the full press release for more details and quotes from SSI Board member and Surf Cup CEO, Brian Enge.
Third Annual SlydeFest Charity Bodysurfing Event a Success
This summer’s annual SlydeFest featured over 80 competitors across five separate divisions. More than 100 fans cheered the contestants on from the sand. The charitable beneficiary was once again A Walk on Water which helps special needs children through the means of surfing therapy. Read more about the event from the San Clemente Times recap.
Travel Channel Features ACTIVE Skin Repair as a Packable First Aid Supply
The Travel Channel published a list of the 10 first aid supplies you should keep in your backpack and the versatile ACTIVE Skin Repair ranked on that list. They said, "ACTIVE Skin Repair is an antiseptic spray and gel used in hospitals to accelerate wound healing while minimizing scarring. It can be used near eyes and mouths and is no-sting (perfect for children!).” Make sure you check out the full list for some other useful items while traveling. Also, take a look at their new press release introducing the ACTIVE Skin Repair Kids line.
San Diego Featured as a Best City for Startups
Business Insider compiled a list of best 15 cities for startups in 2019 and the San Diego/Carlsbad Area ranked at #11! With 12% of workers being self employed and the city having the second highest concentration of science and engineering professionals in the country… it is no wonder why this region is a great place for a startup! Read the full list. There was also a terrific post on Entrepreneur that discusses the "secret sauce" in San Diego… The SD Regional EDC’s Mark Cafferty was quoted as saying "It feels big enough to make an impact, yet small enough to get things done. In San Diego, companies that might normally be viewed as competitors are more likely to collaborate. There's a welcoming vibe in the air here.” Looks like the secret is getting out! Read the full post titled It’s time to take San Diego seriously as a startup destination.
 Efficiency or Accuracy ~ Can you have one and still the other? This is the dilemma hiring managers and recruiters are facing in the age of automation. With the number of applicants continuing to rise, (Yes, even in market like this one) the push to streamline the hiring process continues to escalate. Everyone benefits from a more efficient hiring process, right? Automated responses and digital application processes pushes candidates through the hiring process much more quickly and on their own time. Automation frees hiring managers and recruiters from pouring over thousands of resumes and conducting hundreds of pre-screening conversations.
But is everyone really benefiting from these changes? Is the push for efficiency negatively impacting the accuracy of hiring? Can an Applicant Tracking System be relied upon to select the best and the brightest candidates?
To combat the potential pitfalls of an automated hiring process, companies are implementing innovative ways to screen and interview potential candidates to get a real time, reliable picture of their assets and problem solving skills. And if you’re on the hunt for the next great opportunity, be prepared to do things a little differently. Read the full TurningPoint Executive Search blog post for new interview practices.
5p Consulting - Multiple Positions Available click for info
ClickIt Golf – VP of Revenue Management click for info
Digital Operative – Multiple positions available click for info
Estancia La Jolla Hotel & Spa - Multiple Positions Available click for info
Events.com – Multiple Positions Available click for info
Hookit – Multiple Positions Available click for info
J!NX – Freelance Artists click for info
NiteRider – Customer Service Representative click for info
Procopio – Client Account Coordinator click for info
Platypus Nuero – Head of Applied Research and Development click for info
San Diego Seals – Accounting and Finance Manager click for info
soccerloco – Customer Service Agent click for info
TaylorMade Golf – Multiple Positions Available click for info
 Jul. 31 – SDSI Board of Directors Meeting, Del Mar Thoroughbred Club
Aug. 5 – SDSI Accelerator Applications Open
Aug. 26 - SDSI Accelerator Applications Close
Aug 15 – Ask the Lawyer with Procopio click for info
Jul. 23-29, 2020 – SDSI/FunLy Group Trip to 2020 Olympic Games, Tokyo. Details and deposits here 
Aug. 6-8 – San Diego Seals Summer Skills Camp, 4S Ranch, CA click for info
Aug. 14 - Graced By Grit & Acquisition: A CEO's Journey, San Diego, CA click for info
Aug. 14-17 – American Youth Racing Experience, Del Mar, CA click for info
Aug. 17 – Del Mar Pacific Classic, Del Mar, CA click for info
Sept. 7 – Access Youth Academy Gala, San Diego, CA click for info
Sept. 11 – SMLA Successful CEO Entrepreneurs Share Their Secrets, San Diego, CA click for info
Oct. 5 – Pacific Beach Beachfest 5k, San Diego, CA click for info
Oct. 7 – Lucky Duck Swing and Soiree, San Diego, CA click for info
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