Business – Daily Detroit http://www.dailydetroit.com What To Know And Where To Go In Metro Detroit Mon, 20 Nov 2017 02:09:21 +0000 en-US hourly 1 https://wordpress.org/?v=4.8.3 PODCAST: The Future Of Automotive & Mobility With Glenn Stevens of MichAuto http://www.dailydetroit.com/2017/11/16/glenn-stevens-michauto-mas17/ http://www.dailydetroit.com/2017/11/16/glenn-stevens-michauto-mas17/#respond Thu, 16 Nov 2017 21:54:04 +0000 http://www.dailydetroit.com/?p=39639

What’s the future for Detroit & Michigan’s all important automotive sector?

This week Sven Gustafson’s guest across the table is Glenn Stevens, the Executive Director of MichAuto and we do a deep dive ahead of the MichAuto Summit on December 5 & 6.

Getting into the weeds is what we do and it’s a fascinating conversation if you’re connected to this industry or want Detroit’s economy to move forward. We touch on the auto industry, autonomous vehicles, venture capital investment, and what the future of mobility looks like.

Talent is a huge piece of that puzzle, and automotive and mobility companies are looking for Detroit’s best and brightest.

The summit at the College for Creative Studies will go further than our conversation tonight, and if you’re interested in working in the auto industry you might want to check it out. 

Thanks to Queens Bar for being host this week and Podcast Detroit for all of their support. http://www.podcastdetroit.com

If you like the show, considering subscribing on Apple Podcasts: https://itunes.apple.com/us/podcast/the-daily-detroit-happy-hour/id1168444594?mt=2

Or Google Play: https://play.google.com/music/m/Iwc3prrpluduhfvsclhcl4inhtu?t=The_Daily_Detroit_Happy_Hour

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Your Networking 5 For The Week Of November 14-20 http://www.dailydetroit.com/2017/11/14/networking-5-week-november-14-20/ http://www.dailydetroit.com/2017/11/14/networking-5-week-november-14-20/#respond Wed, 15 Nov 2017 02:03:12 +0000 http://www.dailydetroit.com/?p=39535 It’s that time again for your weekly Networking 5.

Get those business cards ready to be passed out to all of those new contacts you’re about to make.

Ties Like Me Professional Networking

Bring a friend and your business cards to the Ties Like Me Networking event on Wednesday at the Overdrive Lounge inside the Motor City Casino.

Ties Like Me is the only LGBT community networking group that meets monthly around metro Detroit.

When: Wednesday, November 15 from 5:30 p.m.-8:00 p.m.

Where: Motor City Casino 2901 Grand River Avenue Detroit, Michigan 48201

2017 ProsperUS Detroit Fall Convening 

ProsperUS Detroit offers entrepreneurs training, business services, and micro lending to help people start their businesses.

They will be hosting their Fall Convening on Wednesday evening at The Jam Handy.

There will be a pitch competition, strolling dinner, and ProsperUS Detroit Entrepreneur Showcase.

There is no admission, but you will need to register.

When: Wednesday, November 15 from 5:30-8:00 p.m.

Where: The Jam Handy 2900 East Grand Boulevard Detroit, MI 48202

IT in the D November 2017 Casual Networking Social

You know the deal with the IT in the D Casual Networking socials. There are no agendas, no speeches, and no cover charge. Just head out and get to know some other people who work in your field.

Be sure to stop by and say hi to Bob and Dave.

When: Thursday, November 16 from 5:00 p.m.-8:00 p.m.

Where: Nancy Whiskey’s 2644 Harrison Street Detroit, Michigan 48216

Advancing Macomb Annual Meeting 

If you live, work, or own a business in Macomb County you should check out the Advaning Macomb Annual Meeting on Thursday morning.

Attendees will have a chance to meet and talk to business and public sector leaders from communities across Macomb County.

Tickets can be purchased online and they are $20 per person.

When: Thursday, November 16 from 8:30 a.m. until 10:00 a.m.

Where: Macomb Community College 14500 Twelve Mile Road Warren, MI 48088

Drop-In Co-Working at the SheHive

Ladies, if you are looking for a co-working space around Ferndale on Friday check out SheHive.

SheHive will be partnering with ellell & co. to bring this co-working session. They will be serving lunch at 1:00 p.m.

Do you know why I love co-working? I get to work on some stuff while meeting cool new people.

There is no admission, however SheHive does ask for a donation.

When: Friday, November 17 from 9:00 a.m.-5:00 p.m.

Where: SheHive 2505 Hilton Road #107 Ferndale, MI 48220

(A sponsored listing from the Detroit Regional Chamber is below)

Networking Reception

Nov. 27, 5:30 p.m. Little Caesars Arena

The Detroit Regional Chamber’s networking reception returns in November and features Detroit’s newest state-of-the-art venue, Little Caesars Arena. Attendees will have an opportunity to network with fellow Chamber member companies and local business leaders. Tours will be available for attendees.

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These Are The 10 Most In Demand Jobs In Metro Detroit Right Now http://www.dailydetroit.com/2017/11/06/10-demand-jobs-metro-detroit-right-now/ http://www.dailydetroit.com/2017/11/06/10-demand-jobs-metro-detroit-right-now/#respond Mon, 06 Nov 2017 20:18:28 +0000 http://www.dailydetroit.com/?p=39434 There are a variety of jobs that are in demand in a local economy right now.

In the latest report from the Workforce Intelligence Network (WIN), they focus on the top in-demand jobs in the Detroit metro area by number of unique job postings in the second quarter of this year. Postings overall are up 2 percent from last quarter.

For purposes of this report, we’re focusing on the Tri-county area of Macomb, Oakland and Wayne counties (including the city of Detroit). This includes a labor force of about 1.87 million people.

According to the data, the open jobs are in medical, sales and service fields. Here are the top ten, and here is the complete report.

10. First-Line Supervisors of Food Preparation and Serving Workers

via GIPHY

Restaurant managers and the like. 1,701 Postings.

9. Computer Systems Engineers/Architects

via GIPHY

Design and develop solutions to complex applications problems, system administration issues, or information technology network concerns. Perform systems management and integration functions. 1,744 Postings.

8. Managers, All Other

Basically a grab bag of different kinds of managers and supervisors. 2,341 Postings.

7. Customer Service Representatives

via GIPHY

Interacts with customers. Places orders. Handles complaints. 2,523 Postings.

6. First-Line Supervisors of Retail Sales Workers

Retail managers. 2,549 Postings.

5. Retail Salespersons

via GIPHY

Pretty self-explanatory. 3,540 Postings.

4. Sales Representatives, Wholesale and Manufacturing (Except Technical and Scientific Products)

Sells goods from manufacturers or wholesalers to other businesses or groups of people (B2B sales). 4,219 Postings.

3. Application Software Developers

via GIPHY

They make computer programs for a variety of platforms. 5,075 Postings.

2. Heavy and Tractor-Trailer Truck Drivers

via GIPHY

Drives trucks and transportation equipment for industrial purposes. 6,383 Postings.

1. Registered Nurses

via GIPHY

Nurses who are licensed to practice. 7,663 Postings.

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Number Of Employed Detroiters Hits Highest Level In 7 Years http://www.dailydetroit.com/2017/11/05/number-employed-detroiters-hits-highest-level-7-years/ http://www.dailydetroit.com/2017/11/05/number-employed-detroiters-hits-highest-level-7-years/#respond Sun, 05 Nov 2017 19:28:13 +0000 http://www.dailydetroit.com/?p=39345 There are some new numbers out last week from the US Bureau of Labor Statistics about the number of Detroiters joining the workforce and being employed.

The most interesting part is that these numbers have increased to the highest level in 7 years.

According to the agency, 1,045 Detroit residents have gained employment since August.

Since the beginning of the year there has been an additional 6,811 Detroiters gainfully employed.

So far 2017 has one of the largest year over year gains in the past decade in terms of employment numbers.

There are now over 20,000 newly employed Detroiters since 2014, bringing the total number to 225,758.

It would be interesting to be able to dig deeper (in time as more data becomes available, we will) as to what kinds of jobs are being created and where that employment is located.

Hopefully, the upward momentum will continue to climb.

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These Are The Two Biggest Independent Restaurants In Michigan (And They’re In The Same City) http://www.dailydetroit.com/2017/10/30/two-biggest-independent-restaurants-michigan-theyre-city/ http://www.dailydetroit.com/2017/10/30/two-biggest-independent-restaurants-michigan-theyre-city/#respond Tue, 31 Oct 2017 00:02:25 +0000 http://www.dailydetroit.com/?p=39313 There are two restaurants that are the top of the pecking order when it comes to independent places in Michigan for 2017, as measured by sales of food and alcohol.

And they’re both in the same city.

A new list of the top 100 independent restaurants nationally by Restaurant Business Online places Zehnder’s of Frankenmuth at number 66 and the Frankenmuth Bavarian Inn in the 72nd spot.

Zehnder’s, according to the site, served 945,364 meals at their 80,000 square foot, 1,100 square foot location and raked in $15,083,189 in sales.

Frankenmuth Bavarian Inn pulled in $14,677,690 in sales across 847,585 meals served at the 90,00 square foot, 1,200 seat restaurant.

The average per-person check amounts at each place, especially when compared to the rest of the list, are reasonable $16 and $17 respectively.

The top-selling restaurant in the country? Well, that’s in Las Vegas. Tao Las Vegas did $42,470,345 in sales on an average check of $90.

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Metro Detroit’s Small Business Friendliness Gets D+ Grade In New Survey http://www.dailydetroit.com/2017/10/24/metro-detroits-small-business-friendliness-gets-d-grade-new-survey/ http://www.dailydetroit.com/2017/10/24/metro-detroits-small-business-friendliness-gets-d-grade-new-survey/#respond Tue, 24 Oct 2017 15:43:53 +0000 http://www.dailydetroit.com/?p=39184 Although there’s a lot of coverage in the mainstream media about big businesses — after all, they have the public relations firms and serve up stories on a platter to most outlets — a big part of Detroit story is small business.

However, there may be reason to pause regionally about the state of small business and maybe leaders should take a look.

According to a newly released survey by Thumbtack, the metro Detroit area gets a “D+” grade when it comes to small business friendliness.

And if you think it’s just about cranky small business owners, here’s some context.

The state of Michigan as a whole gets a “C,” and Grand Rapids got an “A+” grade, giving it fifth spot overall in the nation.

Metro Detroit ranked 72 out of 80 areas across the nation.

“The small business owners we heard from in Detroit were 6% less positive about their city’s support for small businesses than the national average, leading to their D+ grade overall,” said Thumbtack Economist Lucas Puente, PhD. “And compared to nearby cities, such as Grand Rapids (A+) and Cleveland (B+), Detroit scored lower.”

So, there’s work to do. But on what? Let’s break it down.

One of the factors that dragged down the ranking was the state of government technology. That F grade represents that in the opinion of survey takers, local government sites weren’t well designed, easy to use, or provided business owners the information they needed.

Another factor was a D+ grade for “ease of hiring.” Respondents found it difficult to find talent that matched the skills they were looking for. There also was a C- for zoning.

Metro Detroit received C grades for Ease of Starting a Business, Regulations, andHeath & Safety.

C+ grades from the survey for Employment, labor & hiring; Tax code; Environmental issues; and Licensing.

A bright spot was skilled training and networking programs, which got the highest grade, B. However, a high number of people, looking at the survey data, didn’t know about or use the networking groups and opportunities available (72%).

What’s your experience?

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Looking To Connect With People? Here’s Your Metro Detroit Networking 5 For The Week Of October 24-30 http://www.dailydetroit.com/2017/10/23/looking-connect-people-heres-metro-detroit-networking-5-week-october-24-30/ http://www.dailydetroit.com/2017/10/23/looking-connect-people-heres-metro-detroit-networking-5-week-october-24-30/#respond Mon, 23 Oct 2017 17:51:00 +0000 http://www.dailydetroit.com/?p=39157 It is hard to believe that this is the last full week of October, but here we are.

This week we are giving you a bonus networking event, because all of these events offer some great opportunities.

Get out there and meet some new people and make some connections for whatever you want to build.

Detroit Start Up Happy Hour At Queens

Working on a new start up can make you thirsty, so why not stop into Queens Bar. This Tuesday is Detroit Venture Partners monthly Start Up Happy Hour.

Word on the street is that Detroit Venture Partners are picking up the tab on the first $500 spent, so get there early.

When: Tuesday, October 24 from 6:00 p.m.-7:30 p.m.

Where: Queens Detroit 35 E. Grand River Detroit, Michigan 48226

U.S. Policy & Our Borders Breakfast Series

There has been a lot of talk about our borders and walls by our current President.

But what if we eliminated all of the political talk and just focused on what our current state of NAFTA and our trade policy? That is what this breakfast series with the U.S. Mexico Chamber of Commerce will be doing this Wednesday morning.

If you are involved in international business you should probably check this event out. You can register online at here.

When: Wednesday, October 25 from 8:30 a.m. -10:30 a.m.

Where: Butzel Long 41000 Woodward Avenue Bloomfield Hills, Michigan 48304

weconnect Detroit Startup and Tech Networking Mixer Powered by Google

Are you an entrepreneur or work in the digital or tech industries? If so it’s time to get those business cards ready for the next weconnect mixer this Thursday night. This networking event will be held at Grand Truck Pub in downtown Detroit.

There will be a number of people from Fortune 500/1000s companies in attendance.

Tickets for this mixer range will run you $15. You can purchase them here.

When: Thursday, October 26, 2017 from 6:00 p.m.-9:00 p.m.

Where: Grand Trunk Pub 612 Woodward Avenue Detroit, Michigan 48226

VentureSchool Fall Fundraiser

The micro charter VentureSchool is slated to open in the fall of 2018 in the northeast area of Detroit. You can find out more information at this upcoming fundraiser and networking event.

If you are interested in education then you should really check out this event. There will be plenty of food and drinks.

Earlier this year we had the Drew Schantz on our Daily Detroit Happy Hour Podcast to speak about starting up a micro charter school. If you haven’t listened to it yet you should.

Tickets for the event are $15 per person or you can get VIP tickets for $75.

When: Thursday, October 6:30 p.m.-8:00 p.m.

Where: Bamboo Detroit 1420 Washington Boulevard #301, Detroit, Michigan 48226

Free CoWorking Event At Pastel

Ladies, if you are looking for a new coworking space around Plymouth then I suggest checking out Pastel.

This Friday would be the perfect time to do it as they are offering a morning of free coworking.

I have yet to check it out, but from the pictures this place is beautiful.

You will need to register in advance.

When: Friday, October 27 from 9:00 a.m.-12:00 p.m.

Where: Pastel 447 Forest Avenue Ste. 1 Plymouth, Michigan 48170

Coffee and Conversations With National Association of Women Sales Professionals

Are you a woman who works in sales? Come have coffee with other women in the sales world during this monthly get together at SheHive in Ferndale.

Every month the organization picks a sales topic to talk about.

You can register for the event here. Tickets are $10 per person.

When: Friday, October 27 from 9:00 a.m.-10:30 a.m.

Where: SheHive 2505 Hilton Road #101 Ferndale, MI 48220

(A sponsored listing from the Detroit Regional Chamber is below)

Networking Reception

Nov. 27, 5:30 p.m. Little Caesars Arena

The Detroit Regional Chamber’s networking reception returns in November and features Detroit’s newest state-of-the-art venue, Little Caesars Arena. Attendees will have an opportunity to network with fellow Chamber member companies and local business leaders. Tours will be available for attendees.

Get more information here.

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Detroit-Based Clothing Company Gets $150,000 From Mark Cuban On “Shark Tank” http://www.dailydetroit.com/2017/10/22/detroit-based-clothing-company-gets-150000-mark-cuban-shark-tank/ http://www.dailydetroit.com/2017/10/22/detroit-based-clothing-company-gets-150000-mark-cuban-shark-tank/#respond Mon, 23 Oct 2017 02:49:27 +0000 http://www.dailydetroit.com/?p=39151 It’s a story of a Detroit company done good. Ash and Erie (formerly known as Ash & Anvil), a seller of clothes for shorter guys, received $150,000 in investment from Billionaire Mark Cuban.

Originally, they were aiming for $100,000 at a 12.5% stake on the show. But Cuban stepped up and offered $150,000 for 25% of the company.

Specifically, their shirts are for men 5 foot 8 and shorter. They’re also tailored to fit that frame better from the cut of the shirts to the cuffs.

According to their site, the price of a single shirt starts at $79. Shirt bundles of three run $219. Jeans on their site right now are going for $149.

In the last nine months the company has done more than $130,000 in online sales.

It’s also another crowdfunding success story. Early on, Ash & Erie (then Ash & Anvil) had an Indiegogo campaign to get off the ground. Not only did they make it – they far exceeded it, raising 255% of their goal, totaling $26,461.

Ash & Erie product photo from their Facebook page, which is full of product photos from around Detroit

Founded by two Venture For America Fellows, Eric Huang & Steven Mazur, the company now has a pretty big, connected and vocal backer to take the project and product to the next level. Cuban, after all, is an internet veteran and the owner of the Dallas Mavericks as well as a host of other businesses.

You can follow Ash & Erie on all the things — Facebook, Instagram, Twitter and their website. 

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Your New Weekly Metro Detroit Networking 5 For The Week Of October 17-23 http://www.dailydetroit.com/2017/10/18/new-weekly-metro-detroit-networking-5-week-october-17-23/ http://www.dailydetroit.com/2017/10/18/new-weekly-metro-detroit-networking-5-week-october-17-23/#respond Wed, 18 Oct 2017 18:10:53 +0000 http://www.dailydetroit.com/?p=38979 Welcome to our newest round up of events around Metro Detroit. This new round up will focus on networking events that happen around the region.

Our goal for this new weekly segment is to get you out to meet new people who might work in your field. Or maybe there will be a cool networking event that sounds interesting to you and you’ll check it out.

Much like our other lists like our City 5 we are always looking for great events. So if you know of one don’t be shy and drop us a line. Let’s get into the networking events for this week.

Pitch Club Detroit

If you are an entrepreneur you should consider heading to Tech Town this Wednesday, October 18 for Pitch Club Detroit.

Kyyba Xcelerator is organizing this event, which is described as aa mentoring and funding program. It that takes place across the state of Michigan.

Three entrepreneurs will have the opportunity to practice their pitch and discuss their business plan with funding experts.

Following the business pitches and a keynote address there will be a chance to network with other event goers.

The event is free and you can register for it here.

When: Wednesday, October 18 from 5:00 p.m.-7:30 p.m.

Techtown is located at 440 Burroughs Street Detroit, Michigan 48202

WWJ Newsradio 950’s Leaders & Innovators Series: Women in Leadership

Ladies, if you are in a leadership role then you should register for this early morning event at Lawrence Technological University.

The program will have a panel discussion about the triumph, challenges and pitfalls that women experience during their careers. The panel will also look at how you can better support young women who are just starting in their careers.

The event is free, but be sure to register in advance since breakfast will be served.

When: Thursday, October 19 from 7:30 a.m.-9:00 a.m.

Lawrence Technological University – UTLC Gallery is located at 21000 West 10 Mile Road Southfield, Michigan 48075

Women in Digital October Meet Up

Women in Digital will be holding a Detroit meet up at Bamboo Detroit this Thursday, October 19.

The event is for women who work in digital, marketing, advertising or communication.

This month the special guest will be Bamboo Detroit’s CEO and Co-Founder Amanda Lewan.

Just a note, this event is for women or for those who identify as women.

This event is free and you can register for it here.

When: Thursday, October 19 from 6:00 p.m. -9:00 p.m.

Bamboo Detroit is located at 1420 Washington Boulevard Suite #301 Detroit, Michigan 48226

IT in the D October 2017 Casual Networking Social 

If you are an IT professional then you need to put this event in your calendar. The IT in the D October networking event will be this Thursday, October 19 at the Blackfin Ameripub in Royal Oak.

As the name suggests this is a pretty laid back event. Just come out, grab a beer and talk to other technology-related folks and code monkeys.

The event is free to attend.

When: Thursday, October 19 from 5:00 p.m.-8:00 p.m.

Blackfin Ameripub is located at 530 S Main Street Royal Oak, Michigan 48067

Tech Jobs Tour Detroit 

The Tech Jobs Tour is visiting 50 cities across the United States in the course of a year. This Thursday night the tour will be stopping in Tech Town. This diverse event will include product demos, speed mentoring, career development, recruiting, and finally an opportunity to network.

If you are looking for a new job in the tech industry you can also submit your resume in advance because there will be recruiters from numerous companies in attendance.

This is a free event. You can register online here.

When: Thursday, October 19 from 6:00 p.m. – 9:00 p.m.

Tech Town is located at 440 Burroughs Street Detroit, Michigan 48202

(A sponsored listing from the Detroit Regional Chamber is below)

Pints and Politics

Oct. 23, 5:30 p.m. | Emagine Palladium – Four Story Burger

Pints and Politics connects business professionals with bipartisan elected leaders who are shaping the course of Michigan’s future. Exclusively for Chamber members, attendees will have the opportunity to connect with legislators and other Chamber members in a casual environment for conversation and networking. More is here: http://www.detroitchamber.com/pints-politics/

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Michigan Grows Our First “Unicorn” Tech Company Valued At More Than $1 Billion http://www.dailydetroit.com/2017/10/18/michigan-grows-first-unicorn-tech-company-valued-1-billion/ http://www.dailydetroit.com/2017/10/18/michigan-grows-first-unicorn-tech-company-valued-1-billion/#respond Wed, 18 Oct 2017 17:19:07 +0000 http://www.dailydetroit.com/?p=39017 The concept in venture capital circles of a “Unicorn” — a privately held company that’s valued by investors at more than a billion dollars — is something that hasn’t touch the mitten state up until now.

However, according to a press release, the Ann Arbor-based Duo Security has raised another $119 million in a Series D round of investment at a valuation of $1.17 billion.

The company, headed by Dug Song, has 500 employees in offices here in Michigan as well as in Austin, Texas; San Mateo, California and London in the United Kingdom.

About 350 employees are based out of their Ann Arbor headquarters.

According to Fortune, up until now there have been no so-called Unicorns in the state of Michigan.

So what does Duo do? They provide digital security services for businesses with a Software-as-a-Service (SaaS) model. Their big product currently is a two-factor “Trusted Access” app that can roll out for between $3-$9 per user per month above a free tier for companies smaller than 10 people.

They have more than 10,000 customers including big names Etsy, Facebook, K-Swiss, Paramount Pictures, Random House, Yelp, and Zillow.

A quote might hint at the power of connecting Ann Arbor and Detroit in a meaningful way. After all, the technology center around San Francisco is actually made up of a series of cities.

Here’s what Song told Techcrunch:

“In the same way the synergy between San Francisco and San Jose created Silicon Valley, a resurgent Michigan is being driven by regional collaboration between Ann Arbor and Detroit … We look at the current momentum occurring in Detroit as an opportunity to further accelerate the development of the tech community regionally and look forward to contributing to the city’s revitalization in any way we can.”

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