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“They all went to Mexico, Buenos Dias, got to go” -Willie Nelson
Willie was ahead of his time: with all the back and forth between the Administration and China regarding tariff, uncertainty has prevailed. Will there be a 25% supplemental tariff on all China produced goods, or will interested parties find a middle ground?
A great economist said, “the consequence of market uncertainty is… uncertainty.” Several responses spring to mind, but it is absolutely accurate, if not trite and obvious.
It’s hard to believe that government can be responsive enough to out-wit the global market. In fact, over the last several months, companies who manufacture or source parts in China, are looking for alternatives. In our space, many cut and sew businesses in apparel or travel goods, have made the switch to Vietnam or other Asian countries. The footwear industry long ago moved deeper into Asia. Companies across the spectrum with high labor content in their products are seeking alternative resources as well. Sadly, very few companies are returning manufacturing the US.
MANY companies, small and large, are taking a hard look at our neighbor to the south. Many like the global leader in acoustic guitars, Taylor, have been there for several years... I view Mexico as potentially the “new China." It's 15 time zones closer, and it enjoys a well-educated labor force with average wages lower than China. It also has a large emerging middle class of consumers, many of whom share the same interests we have here in the North.
So, July 17, we have been invited by Baja Fulfillment to tour their facility on both sides of the border. It's a half day trip that can answer a lot of questions about how we could use the proximity of Mexico to the benefit of our business. Among the topics is transporting goods in bond from the Port of Long Beach to Mexico: how it works and why. I am sure we will see some significant opportunities to assess 3PL (Third Party logistics) costs vs our in-house tactics…and many other topics that always arise when we get a group of executives thinking about opportunity!
Members, email Nick to reserve a space.
-bob
Complementary Legal Consultation!
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, July 18, 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.
SDSI Welcomes New Member: Access Youth Academy
Access Youth Academy is a local youth program that helps low income students from the 7th grade to 2 years post college. We help them academically and athletically, using the unique sport of squash. Our students have received scholarships from many of the best schools in the US (including Columbia, Penn, Cornell, Dartmouth, UCLA, USC, Berkeley, Northwestern, Bowdoin, Amherst, and many others), amounting over $6.3 million dollars. We have also produced 13 national squash champions in our first 12 years. To learn more, please visit www.accessyouthacademy.org or contact Renato Paiva (Executive Director) at renato@accessyouthacademy.org / (949) 463-3441
HYLETE Trainer Program Approved by Fitness Experts
HYLETE has been offering an exclusive offer for all certified trainers throughout the month of June (still a few more days left to take advantage of this offer!) Over 22,000 fitness trainers in the HYLETE community already receive 40% off but this month, they receive an additional 10% off all orders. Read more on the press release and then join the program to take advantage of this special offer.
Craft Classic Half Marathon and 5k by San Diego Running Co.
Indulge in two of San Diego’s true loves: Running and Craft Beer! The Craft Classic Half Marathon and 5K offers a unique San Diego course with sweeping views, challenging hills and a delicious craft beer reward at the finish line at Green Flash Brewing Co. Race giveaways for all participants include a commemorative event shirt and beer glass, special finisher’s medal, a free beer at Green Flash and free race photos. This event is Sunday, July 14 so make sure to register soon before it sells out.
Buy the Best Seats at Petco Park and Support a Worthy Cause
Lucky Duck Foundation will be auctioning off the four seats immediately behind home plate for the Friday, 8/23 or Saturday, 8/24 games vs the Red Sox. These are the most coveted seats in Petco Park and the package includes four tickets, two parking passes, and all inclusive food & drinks. Contact Drew Moser to buy these today for $4,000 per game or to be notified of the auction. For an idea of the good work the Lucky Duck Foundation does, read about the Wheels of Change Program expansion – just one of the many initiatives they support!
UC San Diego Health Opens Encinitas Primary Care Center
This month, UC San Diego celebrated the opening of their new Encinitas Health Center alongside city officials and employees at 1505 Encinitas Blvd. “Health issues don’t take personal schedules and plans into consideration,” UC San Diego Health CEO Patty Maysent noted. “The opening of the Encinitas location is part of our goal to bring new and convenient primary care options to multiple neighborhood locations across San Diego.” Read the full article for more info on services offered at this location
Several San Diego Seals Nominated for the 2018-19 NLL Season Awards
Congrats to the San Diego Seals on an extremely successful 2018-19 campaign! Several Seals were nominated for their individual efforts including the following nominees and associated award: Austin Staats/Rookie of the Year, Dan Dawson/Sportsmanship Award, Kyle Buchanan/Teammate of the Year, and Patrick Merrill/General Manager of the Year. Good luck to all our San Diego Seals nominees. Follow them on Instagram to see the results.
Vuori in the Spotlight at Surfline
Vuori was featured on Surfline’s Boardshort Spotlight demonstrating the value of three pairs of their boardshorts: Cruise, Sonic Seamless, and Bahia. All of these versatile boardshorts work in a variety of atmospheres including surfing, yoga, training, and more. Visit the Surfline feature for more info on these technical boardshorts.
ElliptiGO Expands Product Line with the RSUB
This week, ElliptiGO announced their newest model suited for road performance. The Road Stand Up Bike (RSUB) is an extension of the previous SUB and the Mountain SUB variant. “The success of the SUB combined with the development of the MSUB presented our team with an opportunity to develop a large-wheel road-centric product,” said Bryan Pate, CEO of ElliptiGO. “Our fans and followers have consistently asked that we explore bikes that deliver on our signature benefits while utilizing full-size tires. We’re excited to answer those requests with a truly premium experience that will help both competitive athletes and casual cruisers see results.” Watch a video of the RSUB in action, read the press release, or read the product specs.
TurningPoint Places COO at Sports For Learning
Long time SDSI Board Member, TurningPoint Executive Search, places the new COO for Long Beach-based Sports for Learning! With more than 350 school contracts across California, this amazing organization integrates Sports, STEM, and PBIS, to use sports as a vehicle to educate students academically, socially and emotionally. You can learn more about Turningpoint Executive Search and Sports for Learning at their websites.
Congratulations to class 13 for graduating from the SDSI Accelerator Program! The overall quality of companies going through this program continues to improve as do our metrics. We look forward to the continued success of this class as we begin to collect applications for the next class on August 5th.
BE Outfitter
Designed to discover - Thoughtful goods that bridge the gap between existing and living. BE Outfitter aims to provide quality, functional gear to inspire others to carry forth in spite of what life throws our way, including the flagship Tahquitz Pack and Cabrillo Dry Bag. Find out more at beoutfitter.com.
Versus
Versus is a new way to replace your bike tires. Skip the middle-man and keep up with your bike tire needs direct from the manufacturer. Keeping up with your biking hobby shouldn’t cost and arm and a leg and now it doesn’t have to with Versus.
Orucase
The world’s smallest, most discreet bike travel case. Compatible with nearly all bikes The Airport Ninja bicycle travel cases fit easily in the smallest of rental cars and hotel rooms, plus helps you save hundreds of thousands of dollars in excess baggage fees. Check out all of Orucase’s travel cases and accessories, including seeing the Airport Ninja in action at orucase.com.
Soul Jym
Welcome to the Soul Jym. Many gyms exist to strengthen your body, but where do you go to strengthen your soul? Whether you’re experiencing a tough time in life or looking for better mind body connection, the Soul Jym is where you can go to feed your spiritually in its many forms with just one membership. Learn more at meaanimea.com.
Suncayr
Suncayr is the parent company of the SpotMyUV sticker. The patented skin mimicking technology shows you how much sunscreen you need and when to reapply. Don’t let sunburn ruin your day! Find out more at spotmyuv.com.
San Diego Lands Professional Soccer Team
The USL Championship has granted the rights to a San Diego team to play at USD as early as 2020 led by Warren Smith and Landon Donovan. The USL Championship sits atop the three division USL Pyramid and is just one level below the MLS. Stay up to date with the progress of our home team from the news tab on their website. Read the Sports Illustrated story that was the first to drop this great news.
 Do your Customers Know Everything you do?
The most painful lessons yield the most impactful lessons… after the sting fades a bit! Five months after placing the National Sales Manager for one of our clients, we heard through the grapevine they had just hired a Chief Marketing Officer. We called our client to ask him about the search. Although he was very apologetic, he simply stated that he didn’t know we handled marketing searches as well. It’s not his fault he wasn’t aware of our full suite of solutions, it was ours! Had we consistently stayed in touch, reminding them of the various types of recruiting we offer, perhaps we would have secured that CMO search. That one-time client could’ve been a legacy client with a tiny bit of effort on our part. We spend so much time going after new business, that we sometimes forget the buying power of our existing customers. For more information on leveraging your customer base and building a high impact sales or marketing team, contact Ken Schmitt at TurningPoint Executive Search.
Open Jobs
Director of Customer Journey/CRM, Orange County (relo available) - Automotive
Director of Advertising & Media, Orange County (relo available) - Automotive
Director of Sales Operations, Los Angeles – Healthcare IT
Executive Director, San Diego – Non Profit Healthcare
Head of Mobility & Product Strategy, Orange County - Automotive
VP Sales – Professional Services, San Diego
VP Sales, San Diego or Los Angeles - IoT/Smart Home
Challenged Athletes Foundation – Administrative Assistant click for info
ClickItGolf – 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
Hookit – Multiple Positions Available click for info
Procopio – Technology Innovation Trainer click for info
J!NX – Freelance Artist click for info
soccerloco – Customer Service Agent click for info
TaylorMade Golf – Multiple Positions Available click for info
Jul. 17 – SDSI Mexico Fulfillment Trip, Otay Mesa
Jul. 18 - Ask the Lawyer with Procopio, click for Info
Jul. 31 – SDSI Board of Directors Meeting, Del Mar Thoroughbred Club
Aug. 5 – SDSI Accelerator Applications Open
Jul. 23-29, 2020 – SDSI/FunLy Group Trip to 2020 Olympic Games, Tokyo. Details and deposits here
Jul. 11-14 - California State Games, San Diego, CA click for info
Jul. 14 – San Diego Craft Classic Half Marathon and 5k, San Diego, CA click for info
Jul. 17 - Opening Day Del Mar Thoroughbred Club, Del Mar, CA click for info
Jul. 31 - Deadline for CSUSM Senior Experience Projects, San Marcos, CA click for info
Aug. 14 - GracedByGrit & Acquisition: A CEO's Journey, San Diego, CA click for info
Aug. 14-17 – American Youth Racing Experience, Del Mar, CA click for info
Oct. 5 – Pacific Beach Beachfest 5k, San Diego, CA click for info
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