Month: October 2016

Top 20 Under 40: Millennials on the Move 2016

Millennials on the Move 2016 In collaboration with our community partners, Lynchburg Business launched the search for this year’s Top 20 back in May with the purpose of finding the up-and-coming young professionals in the Greater Lynchburg region. The top “20 Under 40” Millennials on the Move represent the best that our region has to offer in young, innovative, creative and motivated talent. And this year’s top 20 class does not disappoint as it includes a diverse group of young professionals, ranging from entrepreneurs to city planners, educators, journalists and more! Individuals were evaluated on their professional experience above...

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Lola’s Mexican Cuisine & Cantina

Oct/Nov 2016 Let’s Do Lunch: Lola’s Mexican Cuisine & Cantina What to Expect: Fresh, authentic Mexican cuisine packed with flavor and value What to Try: If you’re familiar with the Pixar film “Ratatouille,” you may remember the explosions of color and sound that overwhelm Remy’s mind whenever he tastes a transcendental bite of food. And at the risk of a cliché, that’s a pretty apt description of my reaction after trying PicaGuaca, a mix of fresh pico de gallo, chunks of avocado and owner Juan Herrera’s seasoning. Together with his chef, Herrera knows good food and has made it...

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Filling the Gaps

Local Group Travels to Gain Insight for Tech Startups This past August, a group traveled from Lynchburg to Baltimore to see what kinds of resources are available to entrepreneurs in that area and to ultimately see if similar initiatives could be incorporated in Central Virginia. During the two-day trip, which was organized by the Lynchburg Regional Business Alliance (LRBA) and its Technology Council, local business leaders and other stakeholders in the area’s entrepreneurial ecosystem visited business incubators, accelerators and co-working spaces in and around Baltimore. “It’s almost a best practice now, to seek out communities that have done initiatives...

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GOOD KARMA TEA CO.

The Spot for Tea: Tea and Wellness Business Set to Expand Whether it is paired with a good book on a rainy day or shared at a social gathering, tea possesses a singular ability to comfort and uplift its drinkers. Local tea wholesaler and retailer Good Karma Tea Co. is taking tea even further by linking tea with wellness practices and giving back to the Lynchburg community in the process. Cameo and Lyndsey Hoyle co-founded the company about four years ago while living in Colorado. “We knew we wanted a small business of our own and tried many avenues...

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Leading Lady: Treney L. Tweedy Oct/Nov 2016

Occupation: Senior Director of Workforce and Community Engagement Hometown: Lynchburg, Va. You are one of the newer members of Lynchburg City Council and also have time with the School Board under your belt. Tell us about your roles with the city over the years. As the Public Information Officer for Lynchburg City Schools, I was a liaison between the community, media and various agencies citywide. I learned that collaboration and building strong networks solves problems and forms effective change. This role prepared me for serving as a School Board Member and now an At-Large City Councilmember. Why did you...

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Movers & Shakers Oct/Nov 2016

CHARLES HARTGROVE—New Deputy City Manager, serving in Lynchburg City. Hartgrove was appointed by City Manager Bonnie Svrcek and starts this November. Previously, he worked as the Town Manager in Ashland, Va. Hartgrove’s appointment was made following a national search. According to Svrcek, Hartgrove has more than 18 years of experience in local government management. “Charles has a proven track record of building successful partnerships with diverse community stakeholders and successfully improving and providing innovative service delivery,” Svrcek said. “His experience, knowledge, and passion for public service will be a great asset to this community, and I am excited that he will be joining our work family.” TOM COBB—New Vice President and Regional Manager for Appomattox with Bank of the James. Cobb brings more than 20 years of banking experience to the company and was previously employed with The Farmers Bank of Appomattox where he served as Vice President and Indirect Dealer Financing Officer. Cobb is also a graduate of the School of Bank Management at the University of Virginia. J. Patrick Richardson, Senior Vice President and Commercial Banker, said, “As a native of Appomattox, Tom’s banking experience will help continue to build loyalty and deliver banking solutions within the Appomattox community as well as deliver the Bank of the James brand throughout Appomattox.” NICK KESSLER—New Mortgage Loan Officer with Bank of the James Mortgage, a division of Bank of...

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A Final Ruling Has Been Made: Updates to the FLSA

A final ruling has been made, and employers in Central Virginia and across the United States have until December 1, 2016 to make the changes needed to comply with the final ruling. As was recommended in an article published earlier this year, employers in Central Virginia needed to be prepared to address the upcoming ruling regarding updates to the Fair Labor Standards Act (FLSA). As a recap, in 2014 President Obama instructed the Department of Labor (DOL) via a Presidential Memorandum to update the guidelines that define exempt employees who are protected from the Fair Labor Standards Act related...

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In The News Oct/Nov 2016

ENTREPRENEURSHIP Launched in Lynchburg Gives Local Boost By Jeremy Angione Lynchburg is home to a rapidly growing entrepreneurial community. Lynchstock, Vector Space, Vintage Lynchburg and El Jefe are just a few examples of the unique startups currently budding in the Hill City. Opportunity Lynchburg, the city’s Office of Economic Development’s business resource branch, capitalized on that industrialist spirit with a more focused program to cultivate a business-savvy community. Launched in Lynchburg went live this past July, but the concept was born out of Co.Starters, a nine-week business development program. “The concept was to elevate entrepreneurship in the community by...

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Plugged In Oct/Nov 2016

October 4 35th Annual Labor and Employment Seminar The Kirkley Hotel & Conference Center 8:30 am to 1:00 pm Join Woods Rogers Edmunds & Williams’ attorneys for a half-day of training. Visit www.woodsrogers.com/216 seminars to register and use code “LBURGBUS” for a 15% discount off registration fee. October 4 Lunch & Learn Series—Speed Networking presented by BACC Leads Group Bedford Welcome Center, 816 Burks Hill Road, Bedford Noon to 1:30 p.m. Designed to help you sell yourself through networking and communication. Bring your lunch. Information at sbrown@bedfordareachamber.com. October 5 The Briefcase Open Golf Classic—Supporting Youth Education Initiatives with LRBA Poplar Grove Golf Club, 129 Tavern Lane, Amherst 1 to 7 p.m. Register your foursome for $450; supports Partners in Education, STEM activities, and the Young Entrepreneurs Academy. Information at (434) 845-5966. October 12 “360 Assessment of Your Business” at Lunch to Learn with SBDC Merritt Hall, CVCC, Lynchburg A strategic decision making tool called Growthwheel will help your business! Sponsored by Opportunity Lynchburg. Information at www.sbdccvcc.org. October 13 TechEdge Awards Dinner & Silent Auction Academy Center of the Arts, 600 Main Street, Lynchburg 5:30 to 8 p.m. Celebrate the Region 2000 Technology Council’s annual awards with dinner and a speech from David Ihrie of the Center for Innovation Technology. Information at (434) 845-5966. October 17 2016 Job Fair with Bedford Area Chamber of Commerce CVCC Main Campus, Lynchburg 11...

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“Little to No Skin in the Game”

Evaluating Study Periods Buyers love them; sellers not so much. What are they? Study periods. For better or worse, they are all but unavoidable in our business and can often come as a surprise to sellers who are expecting a suitcase full of cash and a quick close. Today, many commercial contracts look an awful lot like free options that include relatively small, fully refundable deposits and extended study periods where the buyer can walk away for any reason—or no reason at all. As a buyer, you love it. As a seller, it can put you in an uncomfortable...

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Leader of the Month: Rich Diddams Oct/Nov 2016

Occupation: CEO of CCCxA Hometown: Grew up in Arizona but Bedford County became home in 2006 Commander’s Concepts Commissioning (CCCxA) is actually your second career. Tell us about your time in the military and the path you took over the years. Being a Marine is a calling and an identity. I will always be a Marine. Some of my duties included the Drill Field, Command (peacetime and war) at various levels, work in Counterterrorism, the Joint Staff as well as serving in Force Recon. I have an engineering background yet served as an Infantry Officer. In the Marine Corps,...

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Clearing a Hurdle You Forgot Was There: Appraisals

“Surprise, Surprise!” Some folks love a good surprise. Others, not so much. Take, for example, having a baby. There are some couples who want to learn the baby’s gender in advance, so they can plan, pick a name and gear up in the appropriate colors. Others are “not finder-outers”—and those people are crazy. I’m joking…no, these couples prefer to wait until the day of the birth to find out if they’re having a boy or a girl. SURPRISE! And then there are people who like surprises in some areas but not others. My wife, for example, would not have...

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Turn Ideas Into Valuable Intellectual Property Assets

Protecting and Enforcing Your Intellectual Property Intellectual Property (IP) includes patents, trademarks, copyrights and trade secrets. Each one is valuable in its own right and understanding the different forms of IP is a good place to start. Patents protect embodiments of ideas, such as machines, improvements, methods of manufacturing, chemical compounds and sometimes even computer software applications. Patents do not cover concepts, rather they protect the realization of those ideas. However, before a patent expires (typically around 20 years from the filing date, subject to exceptions), it allows you to stop others from making, using, selling, offering to sell...

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Leading Lady: Joan Foster Oct/Nov 2016

Occupation: Mayor of the City of Lynchburg and Director of Development at Lynchburg Beacon of Hope Hometown: Lynchburg, Va. Tell us about your history with Lynchburg City Council. I was elected in 2002 to Lynchburg City Council as an At- Large Member of Council. I served as Vice Mayor and Mayor for eight years from July 2004 to June 30, 2012. On July 1, 2016, I was selected by my fellow Council members to be the Mayor for the 2016-2018 term. During my tenure as Mayor, I have championed and advocated for the following initiatives: • Dialogue on Race...

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Stop the Lies—Print is Not Dead!

Here’s the Epic Truth One too many businesses have written off the value of print-based marketing in lieu of shiny and exciting digital forms of marketing. Just because there are many more marketing channels available today than 10 years ago, doesn’t mean traditional forms of marketing don’t work anymore. Print based marketing is as effective as before, but the rules have slightly changed. Once you understand them, your ability as a marketer to get results will improve. It is relatively easy to run an ad in social media compared to designing, printing and distributing brochures or magazines. However, easy...

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Making Plastic Surgery Work for You

If you are considering any kind of cosmetic procedure to enhance your appearance—from microbrasion or laser hair removal to a full-on surgical procedure—Dr. Kurtis Moyer, Chief of Plastic and Reconstructive Surgery at the Carilion Clinic Cosmetic Center in Roanoke, wants you to know one very important thing: even though the terms seem synonymous, there is a point of distinction between “plastic surgeons” and “cosmetic surgeons.” “Plastic surgeons are certified by the American Board of Plastic Surgery,” says Dr. Moyer. “Cosmetic surgeons typically go through different training. They can be a surgeon. They can be a vascular surgeon who decides...

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Editor’s Letter Oct/Nov 2016

To help introduce this year’s class of Top 20 Under 40: Millennials on the Move, I wanted to share “How to Identify a Top 20 Under 40 Honoree in 3 Easy Steps:” 1) “I don’t know how you do it all?” is a question they hear frequently. 2) They desire to improve others around them versus their own status. 3) They tend to champion community and all things local. After being immersed in the words written by and about this year’s class of honorees, I was struck by their incredible enthusiasm and also their sense of personal ownership (read their words for yourself starting on page 33). More than one said something akin to “If you want to see change, then you need to do something about it.” And they have. Among this year’s nominees you’ll see executive directors for regional nonprofit organizations, several educators and mentors, numerous entrepreneurs who decided to scrap the rule books and just try something new. You’ll read their words and hopefully find inspiration for your own dreams—I know I have. More than anything, I hope you are struck by their collective belief in community and the power of togetherness. We learned it in grade school, but it still holds true: there are few forces quite as powerful as teamwork. Unbeknownst to them, several of this year’s honorees actually nominated one another, revealing their...

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WLNI 105.9 FM

Through the laughs, the musings, the opinions and the occasional tears, there is something about a local morning radio show that brings people together. “There is definitely a family feel to it,” Janet Rose, co-host of The Morning Line with Larry & Janet on WLNI 105.9 FM, said. “It is amazing the personal relationships you develop with listeners, [most of whom] you haven’t even met.” The daily talk show—on air weekdays from 5:30-9 a.m.—helps get the conversation going in the community, taking on the latest national, global and even local news with good humor, strong opinions and the familiar...

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THE OPIOID DILEMMA

Deaths from opioid overdoses are skyrocketing across America. An estimated 44 Americans die every day from prescription opioid and heroin overdoses, and at least two per day occur in Virginia. The Centers for Disease Control and Prevention (CDC) has labeled prescription drug abuse an “epidemic” in America with prescription opioid overdoses more than quadrupling since 2000. Virginia has not escaped the opioid crisis. In 2014, for the first time, prescription opioid and heroin overdoses killed more Virginians than automobile accidents. A Crisis Arises from Pain An estimated 30 to 40 percent of Americans are reported to suffer from acute...

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Four Common Diversification MisSteps

“I know my company best. I’m loading up my on company stock.” “I own several mutual funds, so I’m really diversified.” “I like to spread my money around with different institutions. That way, I stay diversified.” “I watch some pundit on TV and according to his guidance I’m diversified.” Have you ever said something like this? In that case, I have some bad news for you: your investments may be subject to more risk than you know. When it comes to our investments, being diversified is important, and it doesn’t have to be difficult. It does, though, require a...

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Millennial Home Buyers

What They Want and Why When it comes to real estate nowadays, everything starts online and is a much easier process than it was a few decades ago. The Internet not only allows buyers to view listings, but it also helps them better understand how the buying process works. Although aspects of this advancement are good, the millennial home buyer also faces challenges their parents did not. “Before I even meet with a client, they’ve already picked out all the houses they want to see,” said Kate Blickenstaff, a millennial herself, who has been a licensed realtor for four...

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Honoring Veterans and Revering Veterans

Raising Flags, Awareness & Respect Lessons on the History of Veterans Day and Showing Support to Those Who’ve Served Every year on November 11th, Americans pause to reflect on the bravery and heroism of the men and women who have defended our country’s freedom. Veterans Day, originally known as Armistice Day in honor of the truce with Germany that essentially ended World War I, was recognized for the first time in 1919 by President Woodrow Wilson. Almost 20 years later, in May of 1938, it was designated a federal holiday. Raymond Weeks, a World War II veteran, began celebrating...

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