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At the beginning of the pandemic, there were many predictions of how the world would change forever.
Some of them were right. Others are deeply mistaken. So it goes with these things.
What doesn’t make sense to me is how colleges are cracking down on online classes after students see how worthless it is to go to class.
If anything, the pandemic has highlighted how important it is for young people to connect with their peers. The social and networking aspects of college may be more important than they were before the pandemic.
This is especially true when you consider how many college graduates can take remote jobs after graduation.
The move to remote work appears to be an underappreciated trend with long-term ripple effects in the future.
Housing, commercial real estate values, voting patterns, commuting time, business travel, ability to find the job you want, infrastructure costs, family dynamics, and overall happiness levels can all be greatly affected by the ability to work from home (or anywhere). You choose).
Bloomberg highlighted a recent study showing that one day a week at the office is the preferred work schedule globally.
Globally, a full 50% of office visits were just once a week in the second quarter, up from 44% in the first quarter, according to data from Basking.io, a workplace-based analytics company. At the same time, few people commute four to five days a week, especially in big cities.
I have worked remotely for 7 years now. It has many advantages.
Working alone in an office is more efficient because people can disturb or distract you. It is more flexible. Basically you can set your own schedule. The commute is very short.
But there are some downsides.
Zoom, Slack, Microsoft Office, and Gmail make it easy to work from anywhere, but you miss out on many of the social aspects of interacting in the office every day. Not only do you miss out on socializing and meeting people, but also the culture of the organization you work for.
Remote work requires a more concerted effort to be social. Therefore, future business travel may be more about social events than real work.
I took two “work” trips this summer. I put work in quotes here because while there some The work done on these trips, were mostly social events with colleagues.
We met up with our operations team in Chicago and we all went to a Cubs game together:
A few weeks ago I flew to New York City, but instead of working in the office in Manhattan, we went to Long Island for a cookout/pool party with coworkers and spent some time on the ocean.
These tasks had a work element to them. People still have to fulfill their responsibilities. But they’re also a good time to reconnect, meet new employees (most of whom I’ve only gotten to know through zooming or phone calls), and deepen the company’s culture.
And you can always talk about work more organically during a social interaction than you would on a zoom call.
In the past there was some social interaction built into business travel, with dinners and drinks and the like, but in a more comfortable world it will be more important now to make a concerted effort to put yourself in more social situations. Remote work.
I haven’t been to any conferences since the outbreak.
It’s not that I’m against conferences, but I have a hard time justifying the trip to sit in a hotel ballroom to listen to a few panels on topics I hear about on podcasts or hype calls.
The biggest selling point for most conferences is the ability to network with your industry peers. Sure, there are certain speakers, topics, or panels that can turn you on, but socializing is the most impactful thing for most conference attendees.
Technology makes staying at home so much easier these days that you need to persuade people to travel for business.
That’s why we wanted to create an event with a more down-to-earth feel than hotel conference rooms. So we teamed up with The Mentoring Circle to create something different than any other financial conference you’ve ever attended.
It’s in Huntington Beach, CA. It’s outside (the steps will be on the beach). With the help of a local chamber of commerce, we’ve basically rented out an entire city block of hotels, restaurants, and bars so you can interact with other people in wealth management, technology, and venture capital.
A list of speakers has been uploaded and some live podcasts are going to be recorded as part of the event (including my podcast Animal Spirits).
But I’m really looking forward to seeing friends I haven’t seen in 3-4 years and having a beer. I look forward to meeting new and interesting people. I’m looking forward to spending some time at the beach. I’m looking forward to some great music. And I look forward to finding out. Miami Vice (or three).
We currently have about 2,500 people signed up, but if you’re interested we still have some places we’re looking at. It will be very interesting.
you can Register here And Book a room here.
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