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Business Voice August 2011

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The zeitgeist of all tech, all the time is changing the dynamics of business. With so many options in constant upgrading motion, it is hard to keep up, let alone understand how to incorporate these new tools into trade. For most of us, the reaction is: “that’s cool – now what?” We may be able to adopt these new and increasingly user-friendly tools but we lack the innate ability to naturally incorporate new devices into our daily grind. We have to think about it, much like a second language that one can master, but which will never be inherent.

Check out the August issue of the Las Vegas Chamber of Commerce Voice to learn more.

Like this month’s cover? You can watch the behind the scenes video on our YouTube channel: http://t.co/FoLJ8FW

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Business Voice August 2011

  1. 1. Business VoiceTHE LAS VEGAS CHAMBER OF COMMERCE MAGAZINE | LVCHAMBER.COM | AuGuST 2011 “tech-ing” Over Business
  3. 3. { president’s message} Las Vegas Chamber of Commerce 6671 Las Vegas Blvd. South, Ste. 300 Las Vegas, NV 89119-3290 702.641.5822 • LVChamber.com 2011 Board of Trustees I Executive Committee Michael J. Bonner ’m not often given to sports analogies, but I was inspired and thrilled by Chairman of the Board watching the U.S. Soccer team in the Women’s World Cup, particularly Greenberg Traurig, LLP the quarterfinal game against Brazil. It was spell binding – every time Kevin Orrock Chairman-Elect you thought the outcome was determined, suddenly the game shifted and The Howard Hughes Corporation eventually was determined by a penalty shoot out. Hugh Anderson Anderson & Delutri @ Merrill Lynch There were so many nail-biting moments in that game: the U.S. took an early lead, then Jay Barrett The JABarrett Company lost momentum when a top Brazilian player was given a second chance to make a penalty Kevin Burke kick (unfairly, in most U.S. spectators’ eyes). To top it off, the U.S. team was forced to Burke Construction Group, Inc. play the last 55 minutes down one player who was removed from the game in another Steve Hill Kristin mcmillan CalPortland President & CEO questionable call. Despite the imbalance, Team USA scored within the last moments of Vicky VanMeetren the game to tie the score and won on penalty kicks. St. Rose Dominican Hospitals, St. Martín Campus The game was exhilarating and ran the emotional gamut, certainly marked with feelings of agitation about the Nancy Wong Arcata Associates, Inc. questionable calls. Yet the match was a stellar demonstration of some of the world’s best players competing at the Kristin McMillan top of their games, doing what they do best: adapting, regrouping and forging ahead. President & CEO Las Vegas Chamber of Commerce As aptly stated by the Swedish-born coach for the American team, “It’s about the American attitude and finding Trustees a way to win.” Bob Ansara Ricardo’s of Las Vegas, Inc. Much like our resilient soccer team one player down, Las Vegas possesses this same attitude and will to win. Over Bob Brown Las Vegas Review-Journal the past three years, we have dealt with the unpredictable, the crushing, the glimmers of hope, moments of despair, Senator Richard Bryan and yes, feelings that the situation we find ourselves in is fundamentally unfair. Lionel Sawyer & Collins Marilyn Burrows The game did not turn out exactly how we would have wished, but we will live to play the next one, and will evolve Cox Communications and adapt. Because in sports, as in life, if you dwell on the past and do not envision the possibilities, you lose. Tim Cashman Las Vegas Harley – Davidson While optimism is not a panacea, we will not create a better future without it. And, in fact, we can point to many Doris Charles Wells Fargo Bank things that are happening upon which we can build a strong and vibrant next chapter. Cornelius Eason Workforce Connections Downtown Las Vegas is percolating. Under the encouragement, determination and leadership of Mayor Oscar Jonathan Halkyard Goodman, organic entrepreneurism now lives and breathes in the form of new bars, restaurants, and businesses Caesars Entertainment Corporation popping up all over downtown. The core downtown area represents the roots of our city, and while it may have Dallas Haun Nevada State Bank been perceived as deteriorating, it is once again laying groundwork for the future. This is something we can all Corey Jenkins embrace, a place to find inspiration and new energy. SAVMOR Rent a Car Bart Jones Tourism and hospitality are regaining strength. While we are no means back to the way it was, we are forging Merlin Contracting & Developing ahead, attracting core customers and finding new audiences to nurture and grow. Russ Joyner Miracle Mile Shops And there are other glimmers of good news and economic growth. Clark County taxable sales continue their William (Bill) Nelson Piercy Bowler Taylor & Kern upward trend for eleven straight months. In addition, Nevada is now one of the fastest growing states for export Karla Perez growth in the U.S. Nevada’s total exports increased by 17 percent this year compared to the same period in 2010. Valley Health System Gina Polovina As entrepreneurs, we never know what the game might bring, but we go into every match with determination, Boyd Gaming Corporation optimism and gusto. We give it our all, adapt to the unexpected, regroup when facing temporary setbacks, and Dilek Samil NV Energy forge ahead believing in the end we will win. Larry Singer Grubb & Ellis - Las Vegas Dr. Neal Smatresk University of Nevada, Las Vegas what’s inside // AUGUST 2011 Bruce Spotleson Greenspun Media Group 04 14 {spotlights} Chamber News 22 Member News 26 Keeping Clients John Wilson Mariposa Strategy Group 08 Cover Story 16 EVENTS 23 Anniversaries 29 Best Practices Michele Tell Woodrow Preferred Public Relations, LLC 12 Chamber 18 HealtHcare Centennial 24 Ribbon Cuttings 30 MEMBER INSIGHTS Cover photo byTHE LAS VEGAS CHAMBER OF COMMERCE MAGAZINE Francis + Francis {LAS VEGAS CHAMBER OF COMMERCE} AUGUST 2011 // BUSINESS VOICE 3VOLUME 31 NUMBER 8 francisandfrancis.com
  4. 4. BV chamber news U.S. Senator Brian McAnallen Joins Chamber as Vice President Harry Reid of Government Affairs will speak at Aug. 31 Brian McAnallen joins the Las Vegas Chamber of Commerce as Chamber luncheon Vice President of Government Affairs. McAnallen will work directly with the Chamber’s Government United States Senate Majority Affairs Committee on advocacy and public policy issues. Leader Harry Reid will be the keynote speaker at the Las Vegas McAnallen brings more than twenty years of experience Chamber of Commerce Business working directly with city, state, and federal lawmakers, government agencies, and public affairs professionals. He Power Lunch on Wednesday, most recently served as Director of Legislative Affairs for August 31. Senator Reid will share CenturyLink/Embarq, where he was the primary liaison his insights on important federal at the Nevada State Capitol during the legislative session legislation that affect the climate and worked closely to develop and implement strategies to advance the legislative agenda. He also has over thirteen of the Southern Nevada business community, including years as a chief government affairs representative for a economic development and diversification and other key variety of organizations, including the Arizona Chamber initiatives aimed at building a more sustainable future. of Commerce and the American Cancer Society. “Brian brings a powerful ‘know how’ that will help The event will feature an in-depth Q & A session with promote the Chamber’s legislative priorities on the local, Senator Reid. Chamber members will be invited to submit state, and federal levels. He will be an effective advocate on questions for the session via email prior to the luncheon. This behalf of our 6,000 members as the Chamber continues Q & A gives Chamber members an exclusive opportunity to to protect the pro-business environment of our state, and support economic development and opportunities on inquire about issues relevant to them. The event also provides behalf of our members,” says Kristin McMillan, president members with access to one of the nation’s leading policy makers. and CEO for the Las Vegas Chamber of Commerce. Wednesday, august 31 Four Seasons Hotel 11:30 a.m. – 1:00 p.m. Editorial Policy: Cost: $50 for members, $65 for non-members The Business Voice is a member newsletter of the Las Vegas Chamber of Commerce. and $70 for walk-ins The Las Vegas Chamber of Commerce welcomes input, ideas and suggestions from RSVP: 702.641.5822 or register online at our members. As with any periodical, we must adhere to strict deadlines and we reserve the right to edit all materials submitted for publication. Commentaries that LVChamber.com are marked as such do not necessarily reflect the opinion or position of the Chamber, its trustees or employees. The Chamber cannot guarantee the validity or accuracy of the contents of paid advertisements. Questions or concerns about content of The Business Voice can be addressed to Vice President of Marketing, Las Vegas Chamber of Commerce, 6671 Las Vegas Blvd. South, Suite 300, Las Vegas, NV 89119. The Business Voice (USPS #717-970) is published by The Las Vegas Chamber of Commerce. 6671 Las Vegas Blvd. South, Ste. 300 Las Vegas, NV 89119-3290 Annual Subscription $25 Periodical postage paid at Las Vegas, NV POSTMASTER: Send address changes to: The Las Vegas Chamber of Commerce, 6671 Las Vegas Blvd. South, Ste. 300 Las Vegas, NV 89119-32904 BUSINESS VOICE // AUGUST 2011 {LAS VEGAS CHAMBER OF COMMERCE}
  5. 5. STEPHENSMEDIA d i g i t a l s e r v i c e s Branding & Web Design Services Hosting & Customer Support E-mail Marketing Services (Help you build and maintain your database and reach out to ours) Search Engine Marketing (Google, Yahoo, MSN) with automatic budget shifting based on best ROI) Customer Reputation Management Social Media Presence Dynamic Online Banner Advertising Mobile Advertising (Quick Reference codes, SMS Text ads and more!) Total Tracking of Digital Advertising Effectiveness Yeah, WE do that! Contact your Account Representative or call 702.666.8045 IN PARTNERSHIP WITH Contact us today and mention this ad for $100 OFF 1st month services!www.stephensmediadigital.com {LAS VEGAS CHAMBER OF COMMERCE} AUGUST 2011 // BUSINESS VOICE 5
  6. 6. BV chamber news National Clean August 25 Energy Summit Returns to Networking Event Vegas on August 30 goes green! The National Clean Energy Summit returns to Las Vegas on Tuesday, August 30 to focus on “The Future of On Thursday, August 25, The HUB is going green by Energy.” This event convenes business executives, energy featuring a first look at the Chamber’s newly upgraded policy innovators, entrepreneurs, investors, and senior Green Roots program. Attendees will learn more about public officials, as well as students, media, and citizens, free and affordable ways to green their businesses while in an effort to speed adoption of responsible energy saving money and becoming good corporate stewards. policy and make the United States more competitive in the global clean energy economy. This year’s notable Formerly known as the Member-to-Member Marketing speakers include U.S. Senator Harry Reid, Secretary of Expo, this high-energy event combines a mini trade Energy Steven Chu, Nevada Governor Brian Sandoval, show with a networking mixer designed to help and MGM Resorts International Chairman and CEO members develop new professional relationships while Jim Murren. simultaneously promoting their company’s products and services. The National Clean Energy Summit is one of the country’s most visible and influential gatherings of Chamber members are invited to purchase a table top leaders and policymakers to shift towards a clean energy display to showcase products and services at The HUB. economy. The event will be held at Aria Resort & Casino Table top displays are only $100 and are available at CityCenter. For more information or to register, visit exclusively to Chamber members. To learn more, call www.cleanenergysummit.org. 702.641.5822. date: Thursday, august 25 time: 4:00 - 6:00 p.m. Cost: Complimentary to attend Chamber Remembers $100 for a table top display (members only) Location: CenturyLinktM Conference Center at Past President Mark Smith the Las Vegas Chamber of Commerce Former Las Vegas Chamber of Commerce Chamber President Mark Smith, 79, of Las Vegas, passed away on July 6. A 55-year resident of Nevada, Mark retired in 1996 as president of the Chamber. He had a long and dedicated history with the organization during his career, serving as the Chamber’s chairman of the board in 1978. Mark is survived by his wife, Sharon, seven children, five grandchildren and one great grandchild. Chamber News continued on page 286 BUSINESS VOICE // AUGUST 2011 {LAS VEGAS CHAMBER OF COMMERCE}
  8. 8. cover story Photo by Francis + Francis Thanks to Color, a Salon by Michael Boychuck at Caesars Palace 8 BUSINESS VOICE // AUGUST 2011 {LAS VEGAS CHAMBER OF COMMERCE} Dilllards at Fashion Show Mall8 Models: VYP Advisory Council members Gina Bongiovi, Alexia Vernon, Jessica Tomlinson, Jonathan Catalano, Melissa Skipworth and Will Paccione
  9. 9. “tech-ing” Over Business iPhone, iPad, Android, Blackberry, Facebook, LinkedIn, Skype, Twitter, Google+, YouTube, Four Square, Flickr, Tumblr, Angry Birds, apps, apps, and more apps! The zeitgeist of all tech, all the time is changing the dynamics of business. With so many options in constant upgrading motion, it is hard to keep up, let alone understand how to incorporate these new tools into trade. For most of us, the reaction is: “that’s cool – now what?” We may be able to adopt these new and increasingly user-friendly tools but we lack the innate ability to naturally incorporate new devices into our daily grind. We have to think about it, much like a second language that one can master, but which will never be inherent. For Generation Y, those born between 1982-2000 who have entered the workforce and are quickly redefining the rules, technology isn’t a choice - it is already a natural part of them. For them, there was no “before the computer”, “before the Web”, “before Google”. The Internet wasn’t invented – it existed. Steve Jobs and Bill Gates did not change the world --- they created the world into which Gen Y was born. And as a result, the tools of technology are a natural part of them and how they interact in the world. Just as comfortable with the personal as the technical, they seamlessly transition between talking, texting and Tweeting – conducting multiple conservations in a variety of languages, like a seasoned diplomat at the United Nations. This generation – 78 million strong – is shifting the dynamics of how business is conducted and gets done. They reside in a borderless digital world, and have an entrepreneurial, can-do spirit that is wired for finding solutions to move forward. And as technology quickly adapts to accommodate their appetite for the latest innovation, it has brought the rest of us along and changed how the world interacts personally and professionally. According to a report by Oracle Financial Services, “… while Generation Y may be the pioneers in the use of social networking, people of other ages have been quick to follow. That makes Generation Y even more important because they are shaping how business will be done tomorrow.” While there may be a tendency to see a gap between the Millennials and previous generations, it is a divide that is easily bridged, and in fact, offers a multitude of opportunities for businesses. Engaging Gen Y employees can give a business a strategic advantage by incorporating new technology and understanding how best to utilize it in the marketplace. Gen Y employees can take the mystic out of tech tools, most of which have become user friendly, and elevate the entire team to a tech-embracing level. continued {LAS VEGAS CHAMBER OF COMMERCE} AUGUST 2011 // BUSINESS VOICE 9
  10. 10. Their multi-faceted thinking and ability to synthesize information can give a business new perspective and innovative approach. They are solution driven – just think about the proliferation of apps to solve any problems imaginable. This is a can-do generation that wants to engage with the team and make an impact. While technical adeptness is a hallmark of this emerging generation, building personal relationships is equally important. According to a new book by father-son duo Thom and Jess Rainer, The Millennials, family relationships are extremely important to Generation Y, and they look at technology as a means of keeping connected to family and friends. Millennials are also seeking better work-life balance and see work as a means of accessing the resources that will elevate their life experiences. While this may seem like a mercenary approach to career that comes with lack of loyalty or commitment, it is a myopic interpretation. It is about expanding and moving forward – work for life’s sake. To Gen Y, life is not segmented - everything is interconnected: work, friends and family. The boundaries between the three don’t exist, and as a result, they extend the reach of professional relationships beyond the borders of the office to other areas of their lives. Local young professionals are finding one of the most valuable ways to build connections is through Vegas Young Professionals. VYP, created by the Las Vegas Chamber of Commerce to engage this next generation of business people, represents the already emerging shift in business dynamics. With more than 500 members, VYP has become the organization that combines personal connections with technology as the basis of networking and forming productive business relationships. Will Paccione, current president of the VYP Advisory Council, joined the organization four years ago when he launched his company, WSI, which promotes Internet solutions for small and medium-sized businesses. Paccione says he was initially attracted to VYP for the prospect it provided to build relationships that he hoped would turn into business opportunities. “I personally do business with people who I know and trust, and I believe VYP has a comfortable culture that gets people involved in meeting others so everyone can find those valuable business connections,” says Paccione. Paccione echoes a sentiment shared by many professionals in VYP’s 21-39 year old demographic – that of the importance of establishing personal ties with individuals before trying to develop business connections. Paccione cites several professional relationships that started through VYP. “People who meet through VYP do business with one another. It doesn’t happen overnight. It takes some time to get to know people on a personal level. But they become strong relationships that have definitely cultivated business for me. We help each other, refer each other – it is a community of professionals who have personal connections and support each other,” says Paccione. While VYP gives young professionals the opportunity to meet and get to know each other in face-to-face settings, communicating through technology is important to building and solidifying relationships. Technological advances have shaped the way many VYP-aged business leaders engage in commerce. The most savvy among this demographic both embrace the advantages of technology while acknowledging the need to remain connected in more traditional ways, combining “high tech” with “high touch”. Michael Iglinski Jr., director of business development at Stovall & Associates – Attorneys at Law and VYP Advisory Council member, finds social networking a powerful form of communication.10
  11. 11. “All professionals today should realize that each of us needs to consistently strive to become more effective as communicators. Exploiting useful technologies can help someone communicate at the highest levels,” says Iglinski. “Obviously, our future business norms will be shaped by technological advances, but it’s hard to imagine White hot face-to-face interaction ever being trumped as the preferred medium and over the top! with decision makers.” Vegas Young Professionals will host its annual White Hot“My cell phone is my portable office,” says Alexia Vernon, leadership Fusion Mixer on August 18 in ghostbar at Palms Casino and Millennial coach trainer and speaker and owner of Catalyst For Resort. This year’s theme is, “White Hot and Over the Action, and VYP Advisory Council member. During a ‘typical’ day, Top,” and attendees are encouraged to wear their cool I start by speaking at a company or association breakfast, head summer whites, network with young professionals from to Town Square to lunch with a prospective client, and coach on across the valley, and take in the dynamic VYP experience! my headset from the Chamber before heading to a dinner event downtown. Its vital that I use my phone to post updates and inspiring The community partner for this years White Hot is Boys quotes on Facebook and Twitter, respond to email and make calls & Girls Clubs of Las Vegas and Henderson. They will irrespective of where I am.” be collecting school supplies and cash donations at the event. All cash donations will be matched dollar-for-Gina Bongiovi, VYP Advisory Council member and owner of the dollar by Sams Club. White Hot Fusion Mixer is openBongiovi Law Firm, uses both her iPad and smart phone to keep to all young professionals between the ages of 21-39.her connected to clients as well as allow her to use social media topromote her numerous legal advice blog posts. White Hot Fusion Mixer Date: Thursday, August 18“Staying connected and utilizing multiple Time: 7:00 – 10:00 p.m. channels to communicate is essential to the Location: ghostbar @ Palms Casino Resort vitality of your business brand,” says Bongiovi. Cost: $10 in advance; $15 at the door“Personal relationships are the core ingredient, RSVP: VegasYP.com or 702.586.3833 but social media can help solidify relationships and showcase your expertise. Currently, it is a nice add-on, but we are quickly moving into an age where it is business as usual.” vYp turning up the heat in 2011-2012Along with networking among peers, Gen Y values intergenerationalbusiness relationships. A recent focus group of VYP members If you think VYP is hot today, just wait until you seerevealed that interacting with more established business people what’s on the horizon! During the next several months,was important to them, and they were seeking avenues to cross VYP will re-introduce updated versions of its popular Bigconnect. While they feel they have a lot to contribute, they want to Wig Lunch Time, Business 101 and Excursions. Thesebe mentored, as well. activities provide members with a unique opportunity to meet industry leaders, stay up-to-date with new businessVYP gives members opportunities to build cross-generational practices and learn how local businesses operate on arelationships. Bigwig Lunch Times, or BLTs, give VYP members the daily basis. To stay in the loop, visit VegasYP.com.opportunity to hear first-hand from a notable successful professionaland learn how she or he built their career. In addition, periodic jointmixers give VYP and Chamber members a venue to connect.“Through VYP, I’ve been able to build solid relationships with Chamber members, and use these connections to not only help my business, but also grow professionally,” says Jonathan Catalano of Realty Executives and VYP Advisory Council member.The Millennial generation represents a paramount shift in business,in culture, in communication. There is no turning back. For thisgeneration and all that follow, traditional borders that have shapedthe world have faded, replaced with global interconnectivity that is fullof promise and endless possibilities. BV
  12. 12. BV chamber centennial th eco nomic grow luxury consumers as unp recedented r at fo refront of gaming took a turn toward the elegant, a Chambe The 1983 creation precursor to what would become an age of Las Vegas Events with the support of of mega resort development in the 1990s. The 1980s the Las Vegas Chamber of Commerce and brought with it a boom in all areas of local convention officials ushered in a new The introduction of so many commercial business development in Las Vegas: era that would diversify event offerings, and residential development projects gaming; construction; conventions; from beauty pageants and car racing to bolstered Southern Nevada’s financial events; and housing in particular. rodeos and sporting tournaments. The services industries in the 1980s. Big box business community began to expand retailers entered the fray and Nevada’s And the Las Vegas Chamber of Commerce as more companies began to relocate reputation for being a tax-friendly state continued to take the lead in promoting to Nevada, and the resulting need began to spread. a strong local economy and advocating for housing and commercial services for business. Clark County’s population increased development and employment During this pivotal point in Nevada’s stood at just over 463,000 in 1980, and history, the Las Vegas Chamber of opportunities in numerous sectors. would grow to 800,000 by the decade’s Commerce stepped up its role as a voice end. The population explosion can be Business parks opened across the valley for business, representing the business attributed to the city’s growing business and master planned communities sprang community at the local, state and federal base and its favorable tax climate. Nevada up to house all of the new employees legislative levels to advocate on behalf became the fastest-growing state in the and families relocating to the area. The of pro-business policies. The Chamber mid-1980s, a title it would hold for more Howard Hughes Corporation and began to introduce innovative new than a decade. The city was considered American Nevada Company entered business education and professional Nirvana for business as thousands of new the market as innovative development development programs for members and residents flocked to Southern Nevada giants. People such as Steve Wynn to educate the community about the each month from all across the country. shifted the marketplace to attract more benefits of maintaining a tax-friendly12 BUSINESS VOICE // AUGUST 2011 {LAS VEGAS CHAMBER OF COMMERCE}
  13. 13. environment to sustain a strong local ranked in top spots by leading national concern that Las Vegas’ leading industryeconomy. The Chamber’s government affairs publications for its business and tax policies, would be negatively affected. The Gulf Warefforts expanded as well, with the Chamber entrepreneurial atmosphere and quality of also impacted the tourism industry at thecarefully interviewing and selecting political life. The city became viewed by many as an end of the 1980s with unemployment risingcandidates for endorsement and sending island unto itself where prosperity flourished. slightly and state revenues dipping. Howeverlobbyists to the state legislature to ensure a Las Vegas was able to weather those nationalvoice for business was represented. Convention travel also increased in Las economic threats. Vegas during the 1980s thanks to ongoingThanks in large part to the efforts of promotion by local business leaders. Visitors to The growth and diversification of the 1980sthe Chamber and other state business Las Vegas totaled 18.2 million by the late 1980s. would set the stage for what would becomeorganizations, Las Vegas started a run of an even more profitable decade, the 1990s.accolades related to its business climate When New Jersey introduced legalizedduring the 1980s. Las Vegas was regularly gaming in 1978, there was a momentary Photos courtesy of the Las Vegas News Bureau Chamber Centennial Celebration announced! Join the Las Vegas Chamber of Commerce on Friday, October 21, for our 100th anniversary celebration! This exciting event will take place at the chic Palms Resort & Casino and will feature music and entertainment and will pay tribute to the different eras of Las Vegas’ history in the last century. Take part in this remarkable landmark event celebrating the dynamic and visionary entrepreneurs who shaped Las Vegas over the past 100 years. More on the Chamber’s official centennial celebration will follow in the September and October issues of the Business Voice and through invitations and email. Mark your calendars now for Friday, October 21, from 5:30 – 8:30 p.m. and be there as we celebrate the Las Vegas Chamber of Commerce commitment to the Southern Nevada business community and look towards our next hundred years. Tickets on sale now at lvchamber.com or by calling 702.641.5822 {LAS VEGAS CHAMBER OF COMMERCE} AUGUST 2011 // BUSINESS VOICE 13
  14. 14. BV spotlights { president’s club} Q What do you see ahead for your Q Best piece of business advice company in 5 years? In the global you have been given? Take it retail market, Forever 21 is not even personal. It is your business and 0.1%. We will continue to challenge you should care about it. If you ourselves with our sight on the teach everyone to care about remaining 99.9%. the business on a personal level, the greater the care is for Q What is your management philosophy? the mission. I can be fearless. I am willing to take risks, and be flexible enough to make What is your unofficial job title? changes when necessary. Q Job titles are all unofficial. I tell my team we are responsible to Q What is your favorite quote? Proverbs each other every day, so the 27:7 He who is full loathes honey, title is not what matters. but to the hungry even what is bitter tastes sweet. What is your favorite quote? Don chang Q The turtle wins the race and Deborah Krause CEO Q What are your hobbies? its chess not checkers. I am a CEO Forever 21, Inc. I love competitive sports; I actually strategic thinker and it seems A5Group play racquetball every morning and too often people hurry without have the scars to prove it! thinking or planning. What are your hobbies? Any Q time with my husband David and our son Aiden is my passion. Aiden is the great equalizer to Q What distinguishes your company reminding us to enjoy life, and from its competitors? Lionel Sawyer the beach doesn’t hurt. I’m still & Collins has been around Las Vegas trying to master the art of the and Nevada since Sam Lionel and his sand castle. partners started the firm more than 45 years ago. The firm has had a hand in creating Las Vegas and shaping its history. Q Definition of customer service? Our job is to solve clients’ problems; “customer service” is provided by { new members } giving the client options rather than Paul larsen simply reciting the law. Shareholder Lionel Sawyer Q Who do you follow on Twitter? I executive level & Collins follow various mainstream news services, like the New York Times, the LA Times, the Washington Post, and Geo Response The Economist, in addition to ones like Smallwars, David St. Germain Fareed Zakaria, Slate and the Daily Beast. I also follow various political columnists. My guilty pleasure is The Onion. The Kelley Company Q What is your favorite escape? Coronado, California. Kara Kelley I love the beach and the quiet pace there. Ballard Spahr, LLP Q What was your first job? When I was a kid growing up in Oregon, my brothers and I grew Stanley Parry potatoes and sold them at a roadside stand.14 BUSINESS VOICE // AUGUST 2011 {LAS VEGAS CHAMBER OF COMMERCE}
  15. 15. { executive level } Q Best piece of business advice? Work Q What do you see ahead for your like no one will work for the first 10 company in 5 years? We actually are a years of your career and you will be new company. IMC was formed in May able to live like no one can live for the to purchase the assets of World Market rest of your career. Center Las Vegas and 15 buildings in High Point, NC. I see us becoming the Q What is your company’s value largest business-to-business trade proposition? Let’s just say we look both platform for the Furniture, Gift and ways before we look both ways. When Home Decor industries in the western it comes to your money, we believe hemisphere there is no substitute for a carefullysteve Johnson considered, passionately disciplined Q What is your management philosophy?Branch Manager investment approach. Develop and clearly communicate aRaymond James compelling strategy that highlights robert maricichFinancial Services, Inc. Q What is your unofficial job title? differentiation. Then put together the President & Chief First Bank of Dad best, performance oriented team that Executive Officer is incentivized to win. World Market Center Q What is your favorite escape? Fly fishing. If I am on the water with a fly rod, I am in heaven! Q What distinguishes your company from its competitors? Our new motto for this year is “Redefining The Towing Experience.” We attempt to be polished, groomed, uniformed, honest, pleasant, and to really care about each customer we service. Q Best piece of business advice? My grandfather ran a successful tractor Q What is your management philosophy? and farm equipment dealership in rural I look at each employer-employee Utah for decades. He told me the key relationship as a banking scenario. It to success was to treat each customer involves opening an account, making like they were the most important client deposits, building credit and relationships regardless of their background. and then being able to withdraw or take a loan when necessary. What was your first job? I taught rowing, Q canoeing and astronomy merit badges atrobert segura Q Who/what is your inspiration? My family. I a Boy Scout camp when I was 14.Director of Sales am the sole support for my daughters andQuality Towing my mom. They need me and I need them. What are your hobbies? Jazz music, Your family will be there for you until the Q playing the guitar badly, running, DaviD sanDers last day, not everyone else will be. I spending time with my family and LA Attorney never forget it!!! Dodgers baseball. The Hopp Law Firm, LLC Q What is your management philosophy? Q What distinguishes your company Being successful in business has as much from its competitors? Our philosophy to do with the people you hire as it does that “the candidate is the center of the with you. Hire the best people you can universe.” From the day each career find. Even if they cost a little more, it pays. seeker contacts us, to the day we place You often can accomplish more with a them in a position where they can few dedicated and talented people than a contribute, grow and ultimately succeed, dozen mediocre ones. we truly strive to create a positive experience for our candidates. Q What is your hometown? I was born and raised in Sioux Falls, SD. It was a great Q What was the last book you read? place to be a kid in the 50s and 60s. ”A Thousand Splendid Suns” by Khaled Hosseini. I read the ending twice - Q What was your first job? Within a few LOVED IT!greg tweDt Kelly young hours of wrecking my motorcycle, I got a Divisional Vice PresidentChairman job as a busboy in my uncle’s fine dining Q What is your favorite thing about AppleOneSCORE 243,Southern Nevada establishment. I knew my dad would be Vegas? You can get as MUCH of Vegas Employment Services quite upset with me so I took a preemptive or as LITTLE of Vegas as you want. measure and got a job. Exciting City. {LAS VEGAS CHAMBER OF COMMERCE} AUGUST 2011 // BUSINESS VOICE 15
  16. 16. EVENTS 10 WEdNESday CHAMBER VOICES aUgUst TOASTMASTERS Learn how to improve your communication skills and deliver effective presentations. The Chamber Voices Toastmasters group is open tWo easY WaYs to register for Chamber events: to all members to aid in Log on to LVChamber.com and find your event on the Event Calendar, or call Member Services at 702.641.5822. the development of speaking, rsvp poliCY: presentation and leadership skills. 10:45 a.m. - 12:00 p.m. The Chamber RSVP policy encourages early registration for popular programs and allows our event partners las vegas chamber of commerce adequate time to prepare for functions. $45 every six months. Guests las vegas Chamber of CommerCe address: always complimentary. 6671 Las Vegas Blvd. South, Suite 300 16 TuESday Las Vegas, NV 89119 (at Town Square) *Event will be held in the CenturyLink™ Conference Center at the Las Vegas Chamber of Commerce FREE LEGAL SOLuTIONS Attorneys from Holland & Hart will provide legal counseling 2 TuESday CHAMBER uNIVERSITy: 3 WEdNESday FREE SCORE COuNSELING 9 TuESday CHAMBER uNIVERSITy: to Chamber members on commercial business transactions, employment LinkedIn 101 SCORE counselors will provide BuILDING yOuR SOCIAL MEDIA matters, contract law, litigation, Presented by Brian Rice FREE one-on-one help sessions STRATEGy intellectual property law, LinkedIn is one of the most exclusively for Chamber Presented by Flip Wright bankruptcy and tax, among widely-used tools for social members to help assess your Develop a social media networking. Harness the power other areas. business concerns and provide marketing plan for your appointment times: of online networking and you with the advice, tools and company with the tips and 6:00 - 6:50 p.m. connect with fellow business professionals via LinkedIn. In resources you need. practices presented in this 7:00 - 7:50 p.m. this class, you will learn how to 1:00, 2:00, 3:00 & 4:00 p.m. workshop. two members per time slot. create a profile that stands out one member per time slot. 5:30 - 7:00 p.m. workshop las vegas chamber of commerce and maximizes your marketing las vegas chamber of commerce las vegas chamber of commerce* Complimentary. Chamber and networking potential. Complimentary. $20 per session. members only. Advanced 5:30 - 7:00 p.m. workshop Chamber members only. Chamber members only. registration required. las vegas chamber of commerce* 9 TuESday $20 per session. Chamber members only. 3 WEdNESday SIMPLE STEPS TO STARTING 17 WEdNESday 2 TuESday SIMPLE STEPS TO STARTING CHAMBER CONNECTIONS This Chamber Connections yOuR OWN BuSINESS SESSION 4: FuNDING SOuRCES FREE SCORE COuNSELING AND NExT STEPS SCORE counselors will yOuR OWN BuSINESS networking club is an established Funding Sources and Next Steps provide FREE one-on-one SESSION 3: FINANCIAL dedicated leads group made up exposes you to traditional and help sessions exclusively for PROJECTIONS (PART 2) of professionals from a variety non-traditional funding sources Chamber members to help This workshop is designed to of industries. Limited openings; to finance your business. assess your business concerns teach you to develop financial please call for availability. 6:00 - 9:00 p.m. and provide you with the projections to see if your business 5:30 - 7:00 p.m. las vegas chamber of commerce advice, tools and resources concept is feasible in dollars. las vegas chamber of commerce $34.95 individual session, you need. 6:00 - 9:00 p.m. $120 every six months. registration required, space 9:00, 10:00, & 11:00 a.m. las vegas chamber of commerce Chamber members only. limited, workbook provided. one member per time slot. Participants must have attended las vegas chamber of commerce Financial Projections Part 1 Complimentary. in order to attend Financial Chamber members only. Projections Part 216 BUSINESS VOICE // AUGUST 2011 {LAS VEGAS CHAMBER OF COMMERCE}
  17. 17. 17 WEdNESdayCHAMBER CONNECTIONS 31 WEdNESday BuSINESS POWERSee August 3 for details. LuNCH FEATuRING u.S. SENATOR HARRy REID23 TuESday United States Senate Majority Leader Harry Reid is the keynote EVENTSNEW MEMBER BREAKFASTStart your new Chambermembership off right at this speaker at the August Business Power Lunch. Senator Reid will share his insights on important aUgUstexclusive event for all new legislation that affect business, to rsvp for vYp events,members of the Chamber. Each economic diversification and visit VegasYP.comparticipant will have the opportunity our community.to introduce themselves and their 11:30 a.m. - 12:00 p.m.business and network in a friendlyand upbeat atmosphere. Bring registration 12:00 - 1:00 p.m. Program 2 TuESday 18 th u rs dayplenty of business cards. the Four seasons VyP MORNING BuZZ VyP WHITE HOT &7:00 - 7:30 a.m. registration 3960 las vegas blvd. s., 89119 Vegas Young Professionals OVER THE TOP& networking Advisory Council members and We’re turning up the $50 for members, $65 for7:30 - 9:00 a.m. Program Ambassadors will be on hand temperature on the networking non-members, $70 for walk-ins to answer questions for anyonelas vegas chamber of commerce* event of the year. Wear your interested in learning more cool summer whites and enjoyBy invitation only. Complimentary. about VYP, the Valley’s largestHosted by the Las Vegas Chamber of the party with a business business organization for young networking twist!Commerce Prospectors professionals. Hot coffee and a This fantastic opportunity delicious light breakfast will be for current VYP members served. to celebrate 2011 and for 7:30 - 9:00 a.m. potential new members to las vegas chamber of commerce see what VYP is all about!24 WEdNESday Complimentary Our community partner is the 702.735.2196 or Boys & Girls Club of Las Vegas VegasYP.com and Henderson. We ask thatCHAMBER VOICES TOASTMASTERSSee August 10 for details. marK your you bring school supplies to calenDar donate to children throughout25 ThurSday Friday, 8 MoNday VEGAS yOuNG the Valley. Open to all young professionals between the ocTobEr 21 ages of 21-39.THE HuB: WHERE NETWORKING PROFESSIONALS 7:00 - 10:00 p.m. Join the Las VegasAND MARKETING MEET TOASTMASTERS: STRIP ghostbar at Palms Casino Resort,Take advantage of this exceptional Chamber of Commerce as 4321 W. Flamingo Rd., 89103 VIEW SPEAKERSopportunity to learn more about we celebrate 100 years The VYP Toastmasters group $10 for VYP members andhow the Chamber works for you! in the Las Vegas business is for all VYP members to aid non-members in advanceIn addition this month will feature community. Mingle, in the development of $15 At the Doora first look at the Chamber’s newly make new connections, speaking, presentation and 702.735.2196 or leadership skills. VegasYP.comupgraded Green Roots program. and enjoy a variety ofMembers are able to showcase 5:30 - 6:00 p.m. entertainment, great food, registration & networkingtheir products & services to other and fun libations. 6:00 - 7:00 p.m. meetingmembers via table-top displays. 5:30 - 8:30 p.m. the Platinum hotel4:00 - 6:00 p.m. the Palms casino resort 211 e. Flamingo rd., 89169las vegas chamber of commerce* $60 to join, $36 every six months $50 per personComplimentary. $100 for Table Tops. 702.735.2196 or VegasYP.com 22 MoNday VEGAS yOuNG PROFESSIONALS TOASTMASTERS: STRIP VIEW SPEAKERS See August 8 for details. {LAS VEGAS CHAMBER OF COMMERCE} AUGUST 2011 // BUSINESS VOICE 17
  18. 18. BV healthcare federal tax credits help small businesses provide health insurance coverage W hen you are able to offer your employees health employee wages of less than $50,000. The employer must also insurance coverage, you automatically gain a pay its insurance premiums through a “qualifying arrangement” recruiting, retention and productivity edge over your in which the employer pays premiums for each employee enrolled competitors who don’t offer coverage. Now, you can receive in employer-paid health care coverage in an amount totaling no tax credits to help off-set the costs of extending this important less than 50 percent of the premium cost of the coverage. employee benefit. Is any tax credit available for Small business owners may be eligible to benefit from certain businesses considered “non- tax credits such as the Small Business Health Care Tax Credit. qualified” employers? These credits are now being offered in several phases, and it is estimated that 30,000 Nevada small businesses will be eligible Yes. The amount of tax credit available is based on a calculation for tax credits for premiums paid for employees they provide of full-time employees and the amount of insurance premiums with qualified health insurance plans. covered by the employer. Here is how Nevada’s eligible small businesses can access these If a business owner is a sole tax credits offered by the Patient Protection and Affordable Care proprietor, does he or she Act. The following eligibility information, criteria guidelines and count as an “employee” of qualifications are based on information currently provided by the business for purposes of the IRS: qualifying for the tax credit? What is the maximum credit No. A sole proprietor, a partner in a partnership, a shareholder for a qualified employer? owning more than two percent of an S corporation and any owner of more than five percent of other businesses are not Through 2013, the maximum credit is 35 percent of the considered employees for purposes of the credit. employer’s premium expenses. What about family members What is the maximum credit for a who work for the business? tax-exempt qualified employer? No. Family members who are part of a business owner’s The maximum credit for a tax-exempt qualified employer is 25 household are not considered employees for purposes of the percent of the employer’s premium expenses. The amount of the credit. A family member is defined as a child, grandchild, sibling credit cannot exceed the total amount of income and Medicare or step-sibling, parent or step-parent, a niece or nephew, aunt, tax the employer is required to withhold from employees’ wages uncle or in-law. In addition, spouses of certain business owners and the employer’s share of Medicare tax on employees’ wages. are not considered employees for purposes of the credit. Who is eligible? What expenses are counted in calculating the credit? “Qualified employers” that provide health care coverage to their employees are eligible for the credit. A qualified employer is Premiums paid by the employer under its qualifying arrangement a small business that has fewer than 25 full-time equivalent are used to calculate the credit. If an employer offers more than employees for the tax year and average annual individual one type of coverage, it must separately satisfy the requirements continued on page 2018 BUSINESS VOICE // AUGUST 2011 {LAS VEGAS CHAMBER OF COMMERCE}
  19. 19. Your Business Can BeGreener Than You ThinkLearn how you can make energy decisions that are Smarter Greener Betterfor you, your business, and the environment.Please visit us at www.swgas.com/e ciency/nvor call 1-800-654-2765 to obtain equipment eligibilityand rebate application information. Commercial Energy Audit Rebates are available to industrial or large Commercial Equipment commercial customers in Nevada using at Rebates are available for natural gas least 15,000 therms of natural gas a month. storage water heaters, griddles, steamers, fryers, and combination ovens. REBATES 50% up to $5,000 REBATES 50% up to $2,500 {LAS VEGAS CHAMBER OF COMMERCE} AUGUST 2011 // BUSINESS VOICE 19
  20. 20. continued from page 18 for a qualifying arrangement with respect to each type of coverage credit. A tax-exempt employer claims the refundable credit offered. If an employer pays only a portion of premiums, only that by filing a Form 990-T with an attached Form 8941 showing amount is used in determining the tax credit. the calculation of the claimed credit. An employer can also use the small business health care tax credit to offset its How are employer contributions alternative minimum tax liability, and the credit can also be to a multi-employer plan treated reflected in determining estimated tax payments for a year. for purposes of the credit? To learn more about these tax credits, please visit Contributions by an employer to a multi-employer plan are eligible IRS.gov for the most current information. BV for the tax credit, though 100 percent of the cost of coverage for all employees must be paid from employer contributions and not by employees The Chamber provides How is eligibility for the credit affordable health determined if an employer is a member of a controlled group care coverage for or an affiliated service group? small businesses Businesses with the same owners are treated as a single employer for purposes of the credit. Affordable health insurance is one of the most talked- about business issues today. As a member of the Las Can premiums paid by the employer Vegas Chamber of Commerce, you can take advantage in 2010, before the new health of collective buying power through the Chamber’s reform legislation was enacted, be Group Health Discount Plan. The Chamber’s insurance counted in calculating the credit? benefits program makes it easy for your company to enjoy affordable premiums with excellent coverage. Yes. In computing the credit for a tax year beginning in 2010, employers may count all qualified premiums for that tax year. Chamber Insurance and Benefits, LLC oversees the Las Vegas Chamber of Commerce Group Health Benefits Do state tax credits or subsidies Program (Chamber Health Plan.) The health plan, offered impact federal tax credit eligibility? through Health Plan of Nevada and Sierra Health and Life Insurance Co., is exclusive to Chamber members and gives The effect these credits and subsidies have on the amount of an small business the bargaining power of large business. employer’s federal health care tax credit depends on whether the direct recipient of the state payment is the employer or the Features of the plan include: employer’s insurance company. If an employer is entitled to a state tax credit or a premium subsidy that is paid directly to the employer, • Chamber member insurance agents and brokers are available to assist with your the premium payment made by the employer is not reduced. insurance requirements • Competitive coverage options Does taking the credit affect for you and your employees an employer’s deduction for • Coverage for businesses with 2 health insurance premiums? to 50 full time employees • HMO, POS, PPO and HAS options Yes. The amount of premiums that can be deducted is reduced by • Dental, vision and group life options the amount of the credit. • Eligible employees include all active employees who work at least 30 hours per week How to Claim the Small Business • Coverage is available to dependent spouses and Health Care Tax Credit: children up to age 26 and handicapped children An employer claims the credit on its annual income tax To learn more, visit chamberib.com or call 702.586-3889. return with a Form 8941 showing the calculation of the20 BUSINESS VOICE // AUGUST 2011 {LAS VEGAS CHAMBER OF COMMERCE}
  21. 21. PHOTOS THAT INSPIRE. FRANCISANDFRANCIS.COM (702) 265-3206 FRANCISANDFRANCIS.COM (702) 265-3206 Nationwide. But still very, very local. Get great local service with Nationwide®. Steve B Ruley Agency Steve Ruley ruleys@nationwide.com 7331 West Lake Mead Blvd Ste 104 Las Vegas, NV 89128 (702) 304-1600 ©2006 Nationwide Mutual Insurance Company and A liated Companies. Nationwide Life Insurance Company. Home o ce: Columbus, Ohio 43215-2220. Nationwide, the Nationwide Framemark and On Your Side are federally registered service marks of Nationwide Mutual Insurance Company. Not available in all states. spruce up for spring are you looking to find a fresh, new space for your business? Let us Help You! relocation expansion representation Call 702.655.4115 today for a F R E E consultation {LAS VEGAS CHAMBER OF COMMERCE} AUGUST 2011 // BUSINESS VOICE 21
  22. 22. BV member news President’s club member • executiVe leVel The Las Vegas Chamber of Commerce is proud to provide members with a place to publish their current announcements. Email news items to pr@lvchamber.com or fax to Public Relations at 702.735.0320. n coming Events Nina J. Gallagher, CPA, MST, of tompkins & Peters cPas, was elected colliers international hired Sheryn Briese as its new senior portfolio manager and president of the Nevada Society of Stephany Miller as administrative assistant. trifecta gallery will host SAFEWALLS, an Certified Public Accountants. international visual arts project curated by The Social Network Magazine declared Cirque du Soleil, August 4-26. The exhibit unitedhealthcare ranked highest in Nevada “The Social Network Capital of the will feature international street artists and employer satisfaction among the nation’s World” in testimony before the Nevada State lowbrow painters interpreting classical circus self-insured commercial health plans, Senate. posters using Cirque du Soleil shows as the according to J.D. Power & Associates 2011 subject. Trifectagallery.com. Employer Health Insurance Plan Study. neteffect will present “Cyber Security: Is n Wheeling/dealing answer Plus of las vegas was honored with Your Business at Risk?” that will discuss the ATSI 2011 Award of Excellence presented burke construction group formed network security and cyber liability by the Association of TeleServices International. its new Special Projects and Tenant issues. The event is on August 8 at noon Improvement Division to provide at Lawry’s, and on August 11 from 8:00 – large vision business network mixer clients a streamlined approach to 9:30 a.m. at Opportunity Village. Go to celebrated its 5th Year Anniversary at the smaller special projects. Jim Colegrove cfma.org for more information. Suncoast Hotel & Casino by honoring will head the new division. businesses that have supported the event. n community Service Terry A. Tobias, staff consultant for commercial executives represented Johnson, Jacobson & wilcox in the lease innovative it, llc, received the of office space to Danville Services of the glenn group raised more than $2,500 Certification in Risk and Information Nevada. The 60-month lease is for Three Square and the Food Bank of System Controls. valued at $407,741. Northern Nevada by holding a campaign to auction off “Winning” t-shirts for charity. wells Fargo launched its new Envelope- girl scouts of southern nevada hosted n announcements Free ATMs in Southern Nevada, allowing customers to process checks a two-day workshop where girls were Ryan Foytik was named social media and bills without envelopes to help save challenged to learn about the music coordinator for nevada state bank, and trees and paper. industry to earn their Making Music and will be responsible for growing Nevada Music Fan badges. State Bank’s presence on platforms such as The Commercial Alliance Las Vegas, a Facebook and Twitter. Follow us and division of the greater las vegas association of realtors, partnered with grubb & elis Company promoted Jeffrey A. become a fan! Barton, Richard W. Luciani and Elizabeth unlv’s lied institute for real estate studies Moore to vice president. to create an ongoing internship program. nathan adelson hospice promoted Pamela Cate to advanced nursing practice manager n congratulations to will oversee the direction, coordination and supervision of nurse practitioners. The Chamber is now on Jubilee!, the classic Vegas showgirl review city national bank hired Michele Jadotte Twitter and Facebook. at bally’s las vegas, celebrated its as vice president and branch manager of Links are available 30th anniversary. its Green Valley banking office. from our home page at LVChamber.com22 BUSINESS VOICE // AUGUST 2011 {LAS VEGAS CHAMBER OF COMMERCE}