When traditional economic development efforts disappoint or fail, offering incentives to attract people may be the answer. Why not offer incentives to people who relocate and let them find a job, start a business or work remotely. Communities benefit from workers’ spending no matter where their employers are located. Rather than waiting on new and … Read more
When colleagues and clients ask, “What are magnetic communities?” I tell them that Magnetic Communities focus their economic and community development efforts on attracting and retaining money, not on attracting and retaining jobs. By focusing on strategies that create a positive cash flow, communities prosper. Prosperity allows businesses to grow; residents to improve their quality … Read more
After considering the idea of writing a book on Magnetic Communities, life-long economic developer Larry Moolenaar decides to create a website. Check it out and let him know what you think.