18 Burst results for "Blue Mesa"
The Dirtbag Diaries
"blue mesa" Discussed on The Dirtbag Diaries
"Okay, Mike mentions 11 dams. What are some of them? The biggest stands in the system are Glen canyon and Hoover dams, and those created Lake Powell and Lake mead, the two largest reservoirs in the United States. Upstream from those lies some other key dams and some of Colorado's biggest tributaries. Flaming gorge dams a green river near Utah and Wyoming border, the aspinall unit is a series of three smaller dams along the gunnison river in southwest Colorado. In the Navajo unit is located in northern New Mexico, and there are plenty more dams in the entire basin, but those are some of the big ones. And what purpose, what are the dams doing? They do a lot. So the Colorado River storage project is a federally funded initiative that passed in 1956, and the goal was to create infrastructure to store water and irrigate farms in the upper basin. Each dam has a reservoir that many people refer to as federal buckets of water. The water is stored for if and when it's needed downstream. In the danz also produce hydropower for millions of people, living in cities and rural communities in the basin. And lastly, the reservoirs also support a lot of tourism, like lots of boating, fishing, and camping, all these activities take place on the reservoirs. And some are managed by the National Park Service or even local state parks. And this year we've all heard about Lake Powell and Lake mead in the news. What's going on with those reservoirs right now? I thought Jack Schmidt said it so well when he compared our water use from the Colorado River to taking money out of our savings accounts. So all of the reservoirs, not just pal and mead, are super low. I live near blue mesa reservoir along the gunnison river, and it's barely recognizable from when I moved here a decade ago. That being said, the reservoirs have done their job as outlined by the federal government. Over the past few years, need and pal continue to reach record low levels. It almost feels like they had a new low each month. The concern is that the reservoirs will reach minimum power pull levels, which means they'll no longer be able to generate power that millions of people rely on. And when they started approaching these low levels in 2020, the federal government had to enact what's called emergency releases, meaning water from the reservoirs upstream was released to keep pal in need at their operational levels. This happened in 2021, and again in 2022. So, we keep drawing water from the reservoirs upstream, lowering their water levels, and a lot of them don't have much to give at this point. Looking ahead, there is a lot of concern, a recent projection said that pal could lose ability to generate hydropower later this year. If the allocation of the river doesn't change. It's almost like, you know, there's the savings account metaphor, but it's almost like, in truth, we've started using a credit card. Where it's getting harder and harder to dig out of the hole. Yeah, absolutely. Which is never a good feeling. In aside from risking our power supply, these low water levels have drastically changed recreation opportunities in the reservoirs. Like some marinas have completely closed because they've lost access to shorelines, concession errors have shuttered their doors. We've also heard some other weird stories like body showing up in Lake mead near Vegas and old sunken boats have resurfaced. It's all pretty hard to believe. Mike and Jenny wrote their Dory across reservoirs, down rivers, and through canyons. They were joined by friends, but they also spent a lot of time alone. As weeks turned to months, they grew even more connected to the place in the landscape they had known and loved. But in addition to craving solitude and this once in a lifetime adventure, they also wanted to hear from others, and why they felt connected to this place. They knew many people relied on the river, ranchers, farmers, dam operators, tribal members, water managers, boaters, and scientists, the list goes on. So they made a packed early on that they would say yes to anyone who invited them in or who wanted to talk to them. And so we did interviews along the way and collected stories and asked about people's connection to the river. And it was interesting because the connection to the river, people's people's experience of that didn't seem to differ. You know, most people cried around their connection to the river, whether it was this big old rancher or a river guide or a minor. And so people's emotional connection to the river really didn't shift. But most people were pretty aware of, hey, people are affected by my choices in my actions up here. There wasn't a single person that we met that didn't want to sit down next to the river and have a conversation and crack a beer and watch the sunset over the water and watch swallows, turn into nighthawks, turn into bats, turn into the moon rising. You know, there are just so many universals that all of the polarization just kind of slipped away. Some of the people in their perspectives even shifted how Mike and Jenny saw certain parts of the river. They remember one evening on Lake Powell. There was a hurricane system that came in. So we had a lot of rain. And on Lake Powell, we had lots of rain. And so we're rowing our boat, and we don't really have shelter from The Rain, except for our rain gear. But anyway, we're tired coming into this into the escalante. And we were so excited because we thought we had this little cove to ourselves and we pulled in and shared up there was a big houseboat parked right in the middle and we were like, dang it. But then we started pulling away and these guys were like, come over, come have dinner with us. At first, we're like, no, thanks. You know, you know, it was like 12 guys. You know, yelling at us in the dark and we're like, this is the way bad horror movies start, you know? So we looked at each other and we were like, well, we said we'd say yes. And so we said yes to these guys and we start rowing in slowly. And as we're rowing in, they're singing, they're an a cappella group. And so they're singing to us. We're growing up to this houseboat. And so we tie up the Dory and walk in and they hand us this amazing plate heaping plate of food. The last thing I'd expect out of a group of 12 guys and they fed us cold beer, which we hadn't had in a long time, and but it turns out it was a group of men that met in a therapy group, like 20 years ago, and they get together every year to do a trip and a lot of it's based around water. So we stayed up with them way late in the night, hearing stories and poetry and songs and it was. Yeah, it was really impactful. I'd never really spent time on Lake Powell, someone that loves free flowing rivers. You know, I'd always had this kind of recoil to Lake Powell. And I'll admit, you know, prejudice against house voters and stuff and this really turned it on its head. And after leaving those guys, you know, it kind of shifted both of our perspectives on. And Powell was beautiful. I just have to say it. I mean, the canyons are gorgeous there. That the next day we pulled over and watched a family of otters. Swim and eat fish and play for a couple hours. So it just kind of solidified it's not the water's fault, it's not the canyon's fault that humans dammed it. It can be powerful and magical. You know, despite human intervention.
The Small Business Radio Show
"blue mesa" Discussed on The Small Business Radio Show
"Operator, you don't have good financials. You don't have these KP report KPI reports. You're going to get this number here. And if you do the following things, we believe we can get you to double that number. Now let's really think about this. How much money do you have in savings right now? What do you have in your retirement account? And let's look again back at that number. Because I think you have to create this painful awareness. And I love the idea of buying forward rather than buying backwards because if things don't make sense going backwards, they're not going to believe your projections going forward. But I'm a guy, by the way, just real quickly. I'm a guy who when I was taking my IT consulting company public in 2000, we went out, we were going out at 12.8 times forward revenue at just shy of a $1 billion. Because we had an organic track record to show where we were going and projecting it forward at the whole story all down. So it's really critical. I love that. Sorry. Well, congratulations to success. The title of the book is called the 7 success driver to hypergrowth where people get a copy and get in touch with the stuff that you're doing. Yeah, they can go to Scott home and dot com. And it improves around there. We've got things about big payday. We got things about optimization. We're really very focused on helping people to be able to recession proof their businesses right now. So coming peruse and if you're interested, you can contact us. We'd love to have a conversation. Scott, thanks for joining us. This is Tam 8 20 CPT in Chicago. We'll be right back. I just hate the way big banks treat small businesses. They're always a gotcha. High fees, no rewards, minimum balances. So what's in it for you? Now comes a bank that gets small businesses. Truly financial gives you a corporate Visa card, a check in account and up to 2.5% cash back on every single dollar your business spends. That's why I'm partnering with them to bring you a special offer. Go to truly financial dot com slash Barry and learn about how you can get all these benefits for your company and get a free copy of my new book, change masters, how to make the changes you already know you need to make when you open an account. So go to truly financial dot com slash Barry and truly spell TRU LY and get a free copy of my book, change masters. Stick around to get your small business unstuck. More of small business radio with Barry moles now on H 20, Chicago's progressive talk. While so does how does a professional dealmaker handle uncertain business and economic times? My next guest is Mark morgenstern, who is an out of the box, Uber successful dealmaker, and rock aficionado. He's no ordinary business leader, his uncommon insights of powered by the confluence of 400 plus successful deals of lifelong following of the Grateful Dead and also selling encyclopedias door to door. He was there day one of office max to cofounding a digital healthcare software company called within three. Mark is the managing partner and founder of early stage investor, blue mesa partners. He's a member of the board of directors for The Rock and Roll Hall of Fame since 1983. Mark, welcome to the show. Thank you so much. I appreciate you having me. I got to dig into your background first because a lot of our kids don't really understand what it was like to sell encyclopedias door to door. Tell us about that. Yeah, you know, I actually had that question. I taught at UC Berkeley this past semester. And the beginning point was, what is an encyclopedia? Exactly, rather than what's door to door. In a cyclopedic, we're bound volumes of books in a bookcase. You'd have like 30 of them. And door to door is literally dork two door. You would get dropped off in a neighborhood. And I mean, dropped off. There was no one with you. They leave you. You would pound on the first door and ask to get in. And they'd let you in or they wouldn't. Usually they wouldn't. Then you try the next door. And the next door in the next store. And that's door to door selling. It's the ultimate end face to face. Person to person selling. And takes a lot of courage and have to deal with a lot of rejection. One of my maxims is rejection is unpleasant, but unlikely to kill you. That's right. Exactly. What encyclopedias did you sell? It was the American people's encyclopedia. Okay, we had world book. We had world book. The tagline after that was American people's encyclopedia. More than encyclopedias and entire reference library. There you go, you still remember. Now, could you do a one call close or you'd have to go back and leave like a sample? They were all one called clothes, which also adds to the pressure enormously. So it's sort of an order you had to get in, which meant that somebody usually looked out a window to decide if they're going to let you in or not. We never went in a home that didn't have both wife and a husband present. For some practical reasons, I can get in bed later. You made your introduction, usually you figured out some way to make some kind of bonding trust building anything that gave you a clue about who these people were and let them get comfortable with you. And you're looking around the room. You're looking at what's on their wall. Who is it a picture of? What TV station is playing? What radio is happening. You're trying to get a sense of who everybody is with all 5 of your senses because you're physically there. You can see here a field touch taste. That's the really good part about it. So your goal is to get in, listen, which means with your eyes and your ears, as hard as you can. And you never start trying to sell anything. Encyclopedias or pizza or cars or companies. Until you figure out what does this customer want to buy, not the next store customer, not the next customer on the right. Who is this customer and what do they want to buy and why do they want to buy it? That's what you're trying to do. And this was not this was not a small sale. I mean, my understanding is these cost hundreds of dollars, right? Yeah. And it was sort of a classic there's some things we all do one of your younger later on. You look back and think that may have been a little bit soulless. But you were selling a good product. I mean, it was good to have encyclopedia. There was no Internet in those days. And if you want to look at the learn, you looked up the encyclopedia. Correct. And the sequence is also the classic sales sequence. You know, you always want, what do people like to buy more than anything else? Free. That's a magic word. Free is $10 cheaper than $1. Free is like hypnotic. And so you want things to be exclusive and free and scarce, and there's time pressure. And the way you would do it, selling door to door encyclopedias, you would say, by the way, quite accurately, the best way to sell anything is referrals from customers. So we're trying to get a customer recommendation in each neighborhood as soon as we get a customer recommendation in the neighborhood we leave. So there's only one recommendation. And now you've created some level of exclusivity. And then the next thing is, and the encyclopedias are free. And then you're waiting for what's the catch? Encyclopedias were free, but you also to sign up for a ten year annual update. So the ten year annual update, if you're pretty cynical Barry, and I'm guessing you might be a little bit. But ten year annual update, amazingly. It turned out to be with the actual price the encyclopedias. Right, exactly. So you're also buying them on time, right? They didn't have to pay for them up front. They paid for them. No, no, no. They did. Oh, wow. So they got it for the next ten years. So it was when you said a high pressure at one time, one touch close, that's the only time we were ever going to be in that neighborhood. So you had to make the sale. You had to get a yes from two stakeholders. You had the decision makers there. You had to get a yes. And then here's my mantra. Get the sign the contract, get the check, leave the house. Right. Why don't you get the check, leave the house, right? Right, because everything that happens after that is potentially negative. They start thinking. Right, exactly. Exactly. So I also very interested in your introduction bio, you mentioned the Grateful Dead. Why is that so important to you? Well, one of the terms that I coined is that I think great dealmakers, goal is to be what I call a deal jammer. You're comfortable with the word jam band like the Grateful Dead. Okay. So a deal jammer sort of takes Grateful Dead influences and fuses them into deal making. And what would that translate to? If the Grateful Dead, I don't know if I saw hundreds of shows. My wife would usually go. Which I've never seen one, by the way. I mean, I've seen their perform on video, but I've never been to any of the concerts. So I'm one of the only people in the world that hasn't. It is an experience. But part of the experience is they never played the same song twice the same way. They could play Bertha three minutes one night. And the next night they might have played for 32 minutes. And the question that to me comes over to deal making is, did I think that those were, let me say it differently. The first birth of version was great. And the second version was great. They were different, not necessarily better or worse. And I think the same is true of deals. If you think of deals with LEGO pieces, there are hundreds of different things you can make from the same 52 LEGO pieces. They're different. And in deals, you have hundreds of variables. People think it's like the purchase price is the only economic variable it isn't. There are at least a hundred economic variables. So depending on any particular mosaic of those, you'll have a good deal. And why the musicians lens, because you're trying to listen like a musician Barry. And as opposed to a lawyer, and if I was a lawyer, so this is not, this is not disrespect. This is how you're taught. Lawyers are taught like litigators. They're taught to listen for the limited purpose of rebutting distinguishing, inflating, but they're not listening for the purpose of agreeing. So they're hardly listening. Now, what is a jam band do and the grateful debt? Well, they're all listening to each other because none of them know what the song is going to be. And as they listen together, sometimes it turns into three minutes, sometimes it turns into 32 minutes. But it doesn't get there unless all of them are listening for the purpose of building on something. Jerry Garcia heard what Mickey Hart was drumming. Oh, that influenced where he took it. She'll just listen to how Jerry adjusted. He changed his base plane. And that's what deals are. They are listening to everybody else in the deal. And you start not with your list of needs and wants. You start with, who is this counterparty? What do they need? What do they value? And you try to figure out what they want to buy. It's the same as encyclopedia selling. The flexibility is you might have a deal in which you got variables, one, two, 7, and ten. Great deal. You might get a variable in which you want points, three, four, and 8. Also a great deal. They're not the same deal. But in the aggregate, if you look at a deal as a mosaic, multiple multiple multiple pieces, what's the value of the mosaic when I get done with a deal? And so if you're listening like a musician, you're listening with flexibility, you're listening with a kind of key, which I think is that exploration is not commitment in the musical world what I mean by that is Garcia might start playing something. He's exploring an idea. The rest of the band doesn't respond to it. They just sort of ignore them. And he hears that and says, okay, that's not going anyplace. I export it. I wasn't committed to it. It's the same thing in a deal. You frequently say to somebody on your counterparty, hey, I heard what you just said isn't clear to me how that's going to work. Definitely isn't clear to me how it impacts me. But let's explore it as long as you understand I'm not committed to it. But I'm definitely willing to explore it with you. And then a negotiation becomes education and exploration instead of combat. So Mark, you've said in your bio that you've done over 400 successful deals. And I've done a lot, not that many. And over the last 5 years, what's the common thread for a deal to actually get done? Because I'm an M and a broker, right? And so there are commissions and things like that. And I used to get really excited the very beginning when I did deals. And then I don't get excited till it's over because so many things have to come together for a deal activity be successful. And sometimes they don't come together, especially during these economic times, what have you found the common thread to be? When you have so if you think of a deal and this is another creation of mine, a deal circle. And since you do business broking, you'll understand this immediately. There's a buyer and there's a seller. And so there's there are people and a principle that are easily identifiable and the virus thinks they're sort of dealing with the seller and the seller sort of thinks they're dealing with the buyer. Now let's do an ant. Maybe like one concentric circle out, there's also lawyers and accountants and business brokers and high bankers. A bunch of people who are advising the principles and you, the buyer may not see the sellers attorney. You may or may not. It's very hard to respond to someone you don't see and hear. So you need to be aware of that and making sure you do see and hear them. And beyond that, you have employees, you have college, you have the media, you have PR, you have a bank, you have a landlord, so you have all kinds of people who have a voice in the decision of whether or not you get to buy or sell. But you don't see many of them. And so I think that the buyer and the seller is the visible stakeholders, and everybody else is an invisible stakeholder. So how does that impact negotiating? Well, one is you try to make the presence of those invisible stakeholders as visible as possible. And I'm sure if you've done this for a living, you have said to everybody at one point, I want everybody in one room. I want to where I can see them, right? Right? We're going to cut a deal or we don't cut a deal. And while you may not have framed it the way I framed it, what you did was you took all the invisible stakeholders, all the visible stakeholders are now present. So the only influence the only decision making is what happens in this room at this time. And that's how you cut through things. Otherwise, if you have the classic email exchanges between lawyers and principles, one of my maxims is email exchanges, it would create a sequential monologue. It doesn't create a dialog. And you close things with dialogs with people listening in close proximity to each other. Mark, I really love that because I'm always surprised as me how these unseen stakeholders can really derail a deal. I mean, I had one that was derailed not too long ago three months by a landlord that was holding up their change of control to transfer the lease and wanted more money as a result of it. So you just never know. Yes, that is a classic. And by the way, that's also why at the beginning of every deal, one of the things I always do, which I don't know, lots of people I work with laugh at me, and that's okay. I'm happy to be laughed at. But the first thing I do is to closing agenda. I want to see on day one, every document that's going to be needed to close this deal. Because if you do that, one of the things you're going to see is what you just said, a landlord's consent, and the landlords, like in the third concentric circle. Right, exactly. They have no motivation to buy or sell. And so you can't put time pressure on them. That means you need to build in margin for error. And get deal with them much earlier than people ever deal with them. So you don't get held hostage at the end. But that doesn't mean that's their handout. Oh, they will. And by the way, the best way, the best negotiation you ever have is the negotiation. You don't have to have. On the first lease we did for office max. I told the landlord that we wouldn't sign anything with a change of control provision. He said basically Mark, are you crazy? I'm doing you a favor by letting you guys have this space. I mean, what are you talking about? I said, yeah. But here's the fact, you're also an investor in the company. And as an investor in the company, you'll understand the exit logic. If this is successful and a lot of sell 300 stores, 50 stores, do you think that's a really good time to go ask 57 landlords for permission to excellent point? Because I don't. So the farther down the path you can see of how a company works or how a deal works, the more critical path planning you do, the more things flesh out as issues early enough to a deal with to deal with them and not let them dereal. The rail the deal. So for me, the last couple of years before 2022, it was really it was easy to make deals, you know? Buy and sell companies, but now it's got a lot more difficult with what's going on in the public markets. As a professional dealmaker, how should you handle these more difficult economic times? Well, realism is always a good idea, which people frequently don't have. And that can be pretty specific about that. People that I'm working with right now who you could have sold their business a year ago for a $150 million. And today it might be 25. So our sellers still trying to sell yesterday's price. And that's what many people do, or they're selling the price that someone at their country club said that they got for their deal, which by the way, they didn't. And it was probably two years ago. So if sellers can't understand their counterparties view, you just reverse it and say, well, if you were buying this company, what risks would you see? What flaws would you see? What positive would you see? Would you buy your own company? And the answer quite frequently is no. Are you kidding me? I mean, I've given you projections, but I don't know what's going to happen. And as soon as somebody identifies uncertainty through their own eyes and mouth, it is easier for them to understand that that's what it looks like on the other side of the deal. That's what your counterparty is seeing. So now that you've tried to look through your counterparties eyes, let's see what they're translates to economically. And by the way, if you want the easiest way to do this or a way to do it, you take a document in which you're the buyer. And the buyers counsel and the buyer review it. Great. It looks fabulous to them. Change the names. Turn the document and say, just replace the word buyer with seller. Would you accept? Would you. Are you kidding me? Right. Provision is outrageous. Right. I did that the other day. Someone was to sell their business for $50 million. And I said, well, why would you buy your own business for $50 million? They said, I wouldn't. I said, well, then we're not going to sell it for $50 million. Exactly. I love that. So that's sort of realism. It's unpleasant because you're not trying to dash somebody's dreams, but you're also saying that I had a friend of mine who introduced me as someone else and said, Mark, never tells you what you want to hear. But he always tells you what you need to know. I love that. And I'm okay with that role. I mean, preface lots of things by saying, listen, I don't get any pleasure of not telling people their baby is ugly. That's right. Trust me. It's not fun. I'm not giving any jollies out of it, but I'm also not doing you any good if I don't point out that the baby is ugly. And in fact, in the process, the buyer is going to tell you that the baby is ugly. So you might as well use to it now. And do what you can. You know, you've got to dilapidated house. You're going to sell it. Well, you're going to do something. You're going to paint it. You're going to put in a new sink. I don't know. You're going to do something. You've identified a problem area. There's always almost always something that may be fairly cosmetic, but you can do something to ameliorate how bad it is. I do appreciate the advice. We got to go for the next commercial. Where can people reach you at blue mesa partners? Morgenstern at blue mesa partners dot com. Morgan stern with E with an E, not with an a correct. Mark, thanks so much, this is am a 20 W CPT in Chicago right back. Did you know that you can lose up to 5% on an invoice just because it's an international wire transfer? I know a lot of people who are dealing with the same nonsense and for small business owners, it hurts. I was dealing with the same painful fees too until I found truly financial. I like that the everyday global bank that business owners actually need. In fact, I like them so much that I'm partnering with them to bring you this special offer, open a truly financial account and get a free copy of my new book, change masters, how to actually make the changes you already know you need to make. It's time to start saving on bank fees, no pain, all gain, go to WWW dot truly financial dot com slash Barry and truly a spelled TRU LY and get a free copy of my new book, change masters. Stick around to get your small business unstuck. More of small business radio with Barry moltz now won H 20 Chicago's progressive talk. As most of you know for the last year, I've been speaking a lot about how people have a hard time in business making a change. And what really holds them back. My next guest is Alex Buddha, who is a social entrepreneur, faculty member at Berkeley Haas and the author of a book called becoming a change maker. He teaches speaks and writes to help people make a positive impact in their lives, careers, communities, and society as a social entrepreneur, he cofounded, starts some good dot com, ran Sweden's most prominent social innovation in an incubator, reach for change and help change dot org scale on a global level. Alex, welcome to the show. Thank you so much for having me. So I've been frustrated by this for a long time and I always tell people the story about why I started looking into change because people asked me to come into their business 'cause they had a problem. We lay out the solutions to those problems. We all agree if they take these steps, then they'll be able to accomplish whatever goal they set out. And then nothing happens. So why do people have such a hard time with
The Small Business Radio Show
"blue mesa" Discussed on The Small Business Radio Show
"You're going to get bought backwards versus forwards, right? Backwards says, what did you do last year? That's how I'm going to buy you. Say, no, no, no, we're growing at 20%. We're going to have the biggest year ever. They don't believe you. And so you're going to get discounted, which may have been what you did, what happened to you? You're going to get discounted because you don't have it. So what we do is we take people and we say, look, if you are an owner operator, you don't have good financials. You don't have these KP report KPI reports. You're going to get this number here. And if you do the following things, we believe we can get you to double that number. Now let's really think about this. How much money do you have in savings right now? What do you have in your retirement account? And let's look again back at that number. Because I think you have to create this painful awareness. And I love the idea of buying forward rather than buying backwards because if things don't make sense going backwards, they're not going to believe your projections going forward. But I'm a guy, by the way, just real quickly. I'm a guy who when I was taking my IT consulting company public in 2000, we went out, we were going out at 12.8 times forward revenue at just shy of a $1 billion. Because we had an organic track record to show where we were going and projecting it forward at the whole story all down. So it's really critical. I love that. Sorry. Well, congratulations to success. The title of the book is called the 7 success driver to hypergrowth where people get a copy and get in touch with the stuff that you're doing. Yeah, they can go to Scott home and dot com. And it improves around there. We've got things about big payday. We got things about optimization. We're really very focused on helping people to be able to recession proof their businesses right now. So coming peruse and if you're interested, you can contact us. We'd love to have a conversation. Scott, thanks for joining us. This is Tam 8 20 CPT in Chicago. We'll be right back. I just hate the way big banks treat small businesses. They're always a gotcha. High fees, no rewards, minimum balances. So what's in it for you? Now comes a bank that gets small businesses. Truly financial gives you a corporate Visa card, a check in account and up to 2.5% cash back on every single dollar your business spends. That's why I'm partnering with them to bring you a special offer. Go to truly financial dot com slash Barry and learn about how you can get all these benefits for your company and get a free copy of my new book, change masters, how to make the changes you already know you need to make when you open an account. So go to truly financial dot com slash Barry and truly spell TRU LY and get a free copy of my book, change masters. Stick around to get your small business unstuck. More of small business radio with Barry moles now on H 20, Chicago's progressive talk. While so does how does a professional dealmaker handle uncertain business and economic times? My next guest is Mark morgenstern, who is an out of the box, Uber successful dealmaker, and rock aficionado. He's no ordinary business leader, his uncommon insights of powered by the confluence of 400 plus successful deals of lifelong following of the Grateful Dead and also selling encyclopedias door to door. He was there day one of office max to cofounding a digital healthcare software company called within three. Mark is the managing partner and founder of early stage investor, blue mesa partners. He's a member of the board of directors for The Rock and Roll Hall of Fame since 1983. Mark, welcome to the show. Thank you so much. I appreciate you having me. I got to dig into your background first because a lot of our kids don't really understand what it was like to sell encyclopedias door to door. Tell us about that. Yeah, you know, I actually had that question. I taught at UC Berkeley this past semester. And the beginning point was, what is an encyclopedia? Exactly, rather than what's door to door. In a cyclopedic, we're bound volumes of books in a bookcase. You'd have like 30 of them. And door to door is literally dork two door. You would get dropped off in a neighborhood. And I mean, dropped off. There was no one with you. They leave you. You would pound on the first door and ask to get in. And they'd let you in or they wouldn't. Usually they wouldn't. Then you try the next door. And the next door in the next store. And that's door to door selling. It's the ultimate end face to face. Person to person selling. And takes a lot of courage and have to deal with a lot of rejection. One of my maxims is rejection is unpleasant, but unlikely to kill you. That's right. Exactly. What encyclopedias did you sell? It was the American people's encyclopedia. Okay, we had world book. We had world book. The tagline after that was American people's encyclopedia. More than encyclopedias and entire reference library. There you go, you still remember. Now, could you do a one call close or you'd have to go back and leave like a sample? They were all one called clothes, which also adds to the pressure enormously. So it's sort of an order you had to get in, which meant that somebody usually looked out a window to decide if they're going to let you in or not. We never went in a home that didn't have both wife and a husband present. For some practical reasons, I can get in bed later. You made your introduction, usually you figured out some way to make some kind of bonding trust building anything that gave you a clue about who these people were and let them get comfortable with you. And you're looking around the room. You're looking at what's on their wall. Who is it a picture of? What TV station is playing? What radio is happening. You're trying to get a sense of who everybody is with all 5 of your senses because you're physically there. You can see here a field touch taste. That's the really good part about it. So your goal is to get in, listen, which means with your eyes and your ears, as hard as you can. And you never start trying to sell anything. Encyclopedias or pizza or cars or companies. Until you figure out what does this customer want to buy, not the next store customer, not the next customer on the right. Who is this customer and what do they want to buy and why do they want to buy it? That's what you're trying to do. And this was not this was not a small sale. I mean, my understanding is these cost hundreds of dollars, right? Yeah. And it was sort of a classic there's some things we all do one of your younger later on. You look back and think that may have been a little bit soulless. But you were selling a good product. I mean, it was good to have encyclopedia. There was no Internet in those days. And if you want to look at the learn, you looked up the encyclopedia.
The Small Business Radio Show
"blue mesa" Discussed on The Small Business Radio Show
"That big payday. What used to be nice to have now, it's a must and so actually my big payday is the name of our division where we help companies prepare to sell for maximum price. And the first thing we do is that we have to have these in place. Here's what happens. If you don't have good numbers, you don't have good KPIs. You're not doing any planning. You're not doing quarterly planning and hitting your targets. You're going to get bought backwards versus forwards, right? Backwards says, what did you do last year? That's how I'm going to buy you. Say, no, no, no, we're growing at 20%. We're going to have the biggest year ever. They don't believe you. And so you're going to get discounted, which may have been what you did, what happened to you? You're going to get discounted because you don't have it. So what we do is we take people and we say, look, if you are an owner operator, you don't have good financials. You don't have these KP report KPI reports. You're going to get this number here. And if you do the following things, we believe we can get you to double that number. Now let's really think about this. How much money do you have in savings right now? What do you have in your retirement account? And let's look again back at that number. Because I think you have to create this painful awareness. And I love the idea of buying forward rather than buying backwards because if things don't make sense going backwards, they're not going to believe your projections going forward. But I'm a guy, by the way, just real quickly. I'm a guy who when I was taking my IT consulting company public in 2000, we went out, we were going out at 12.8 times forward revenue at just shy of a $1 billion. Because we had an organic track record to show where we were going and projecting it forward at the whole story all down. So it's really critical. I love that. Sorry. Well, congratulations to success. The title of the book is called the 7 success driver to hypergrowth where people get a copy and get in touch with the stuff that you're doing. Yeah, they can go to Scott home and dot com. And it improves around there. We've got things about big payday. We got things about optimization. We're really very focused on helping people to be able to recession proof their businesses right now. So coming peruse and if you're interested, you can contact us. We'd love to have a conversation. Scott, thanks for joining us. This is Tam 8 20 CPT in Chicago. We'll be right back. I just hate the way big banks treat small businesses. They're always a gotcha. High fees, no rewards, minimum balances. So what's in it for you? Now comes a bank that gets small businesses. Truly financial gives you a corporate Visa card, a check in account and up to 2.5% cash back on every single dollar your business spends. That's why I'm partnering with them to bring you a special offer. Go to truly financial dot com slash Barry and learn about how you can get all these benefits for your company and get a free copy of my new book, change masters, how to make the changes you already know you need to make when you open an account. So go to truly financial dot com slash Barry and truly spell TRU LY and get a free copy of my book, change masters. Stick around to get your small business unstuck. More of small business radio with Barry moles now on H 20, Chicago's progressive talk. While so does how does a professional dealmaker handle uncertain business and economic times? My next guest is Mark morgenstern, who is an out of the box, Uber successful dealmaker, and rock aficionado. He's no ordinary business leader, his uncommon insights of powered by the confluence of 400 plus successful deals of lifelong following of the Grateful Dead and also selling encyclopedias door to door. He was there day one of office max to cofounding a digital healthcare software company called within three. Mark is the managing partner and founder of early stage investor, blue mesa partners. He's a member of the board of directors for The Rock and Roll Hall of Fame since 1983. Mark, welcome to the show. Thank you so much. I appreciate you having me. I got to dig into your background first because a lot of our kids don't really understand what it was like to sell encyclopedias door to door. Tell us about that. Yeah, you know, I actually had that question. I taught at UC Berkeley this past semester. And the beginning point was, what is an encyclopedia? Exactly, rather than what's door to door. In a cyclopedic, we're bound volumes of books in a bookcase. You'd have like 30 of them. And door to door is literally dork two door. You would get dropped off in a neighborhood. And I mean, dropped off. There was no one with you. They leave you. You would pound on the first door and ask to get in. And they'd let you in or they wouldn't. Usually they wouldn't. Then you try the next door. And the next door in the next store. And that's door to door selling. It's the ultimate end face to face. Person to person selling. And takes a lot of courage and have to deal with a lot of rejection. One of my maxims is rejection is unpleasant, but unlikely to kill you. That's right. Exactly. What encyclopedias did you sell? It was the American people's encyclopedia. Okay, we had world book. We had world book. The tagline after that was American people's encyclopedia. More than encyclopedias and entire reference library. There you go, you still remember. Now, could you do a one call close or you'd have to go back and leave like a sample? They were all one called clothes, which also adds to the pressure enormously. So it's sort of an order you had to get in, which meant that somebody usually looked out a window to decide if they're going to let you in or not. We never went in a home that didn't have both wife and a husband present. For some practical reasons, I can get in bed later. You made your introduction, usually you figured out some way to make some kind of bonding trust building anything that gave you a clue about who these people were and let them get comfortable with you. And you're looking around the room. You're looking at what's on their wall. Who is it a picture of? What TV station is playing? What radio is happening. You're trying to get a sense of who everybody is with all 5 of your senses because you're physically there. You can see here a field touch taste. That's the really good part about it. So your goal is to get in, listen, which means with your eyes and your ears, as hard as you can. And you never start trying to sell anything. Encyclopedias or pizza or cars or companies. Until you figure out what does this customer want to buy, not the next store customer, not the next customer on the right. Who is this customer and what do they want to buy and why do they want to buy it? That's what you're trying to do. And this was not this was not a small sale. I mean, my understanding is these cost hundreds of dollars, right? Yeah. And it was sort of a classic there's some things we all do one of your younger later on. You look back and think that may have been a little bit soulless. But you were selling a good product. I mean, it was good to have encyclopedia. There was no Internet in those days. And if you want to look at the learn, you looked up the encyclopedia.
The Small Business Radio Show
"blue mesa" Discussed on The Small Business Radio Show
"Don't do it. Yeah, the other issue is that a lot of entrepreneurs of course want that big payday where they sell their business. But if the numbers aren't right, if the balance sheet doesn't make any sense, you're going to lose out. I mean, listen, I got undergraduate degree. You had an MBA from northwest university, sold my last company in 1999. And I didn't really understand how to read a balance sheet, and I had an MBA, and they took a $1 million off the price of the company, because it was messed up. And so I find that that's a problem because numbers are power if you really want that big payday. What used to be nice to have now, it's a must and so actually my big payday is the name of our division where we help companies prepare to sell for maximum price. And the first thing we do is that we have to have these in place. Here's what happens. If you don't have good numbers, you don't have good KPIs. You're not doing any planning. You're not doing quarterly planning and hitting your targets. You're going to get bought backwards versus forwards, right? Backwards says, what did you do last year? That's how I'm going to buy you. Say, no, no, no, we're growing at 20%. We're going to have the biggest year ever. They don't believe you. And so you're going to get discounted, which may have been what you did, what happened to you? You're going to get discounted because you don't have it. So what we do is we take people and we say, look, if you are an owner operator, you don't have good financials. You don't have these KP report KPI reports. You're going to get this number here. And if you do the following things, we believe we can get you to double that number. Now let's really think about this. How much money do you have in savings right now? What do you have in your retirement account? And let's look again back at that number. Because I think you have to create this painful awareness. And I love the idea of buying forward rather than buying backwards because if things don't make sense going backwards, they're not going to believe your projections going forward. But I'm a guy, by the way, just real quickly. I'm a guy who when I was taking my IT consulting company public in 2000, we went out, we were going out at 12.8 times forward revenue at just shy of a $1 billion. Because we had an organic track record to show where we were going and projecting it forward at the whole story all down. So it's really critical. I love that. Sorry. Well, congratulations to success. The title of the book is called the 7 success driver to hypergrowth where people get a copy and get in touch with the stuff that you're doing. Yeah, they can go to Scott home and dot com. And it improves around there. We've got things about big payday. We got things about optimization. We're really very focused on helping people to be able to recession proof their businesses right now. So coming peruse and if you're interested, you can contact us. We'd love to have a conversation. Scott, thanks for joining us. This is Tam 8 20 CPT in Chicago. We'll be right back. I just hate the way big banks treat small businesses. They're always a gotcha. High fees, no rewards, minimum balances. So what's in it for you? Now comes a bank that gets small businesses. Truly financial gives you a corporate Visa card, a check in account and up to 2.5% cash back on every single dollar your business spends. That's why I'm partnering with them to bring you a special offer. Go to truly financial dot com slash Barry and learn about how you can get all these benefits for your company and get a free copy of my new book, change masters, how to make the changes you already know you need to make when you open an account. So go to truly financial dot com slash Barry and truly spell TRU LY and get a free copy of my book, change masters. Stick around to get your small business unstuck. More of small business radio with Barry moles now on H 20, Chicago's progressive talk. While so does how does a professional dealmaker handle uncertain business and economic times? My next guest is Mark morgenstern, who is an out of the box, Uber successful dealmaker, and rock aficionado. He's no ordinary business leader, his uncommon insights of powered by the confluence of 400 plus successful deals of lifelong following of the Grateful Dead and also selling encyclopedias door to door. He was there day one of office max to cofounding a digital healthcare software company called within three. Mark is the managing partner and founder of early stage investor, blue mesa partners. He's a member of the board of directors for The Rock and Roll Hall of Fame since 1983. Mark, welcome to the show. Thank you so much. I appreciate you having me. I got to dig into your background first because a lot of our kids don't really understand what it was like to sell encyclopedias door to door. Tell us about that. Yeah, you know, I actually had that question. I taught at UC Berkeley this past semester. And the beginning point was, what is an encyclopedia? Exactly, rather than what's door to door. In a cyclopedic, we're bound volumes of books in a bookcase. You'd have like 30 of them. And door to door is literally dork two door. You would get dropped off in a neighborhood. And I mean, dropped off. There was no one with you. They leave you. You would pound on the first door and ask to get in. And they'd let you in or they wouldn't. Usually they wouldn't. Then you try the next door. And the next door in the next store. And that's door to door selling. It's the ultimate end face to face. Person to person selling. And takes a lot of courage and have to deal with a lot of rejection. One of my maxims is rejection is unpleasant, but unlikely to kill you. That's right. Exactly. What encyclopedias did you sell? It was the American people's encyclopedia. Okay, we had world book. We had world book. The tagline after that was American people's encyclopedia. More than encyclopedias and entire reference library. There you go, you still remember. Now, could you do a one call close or you'd have to go back and leave like a sample? They were all one called clothes, which also adds to the pressure enormously. So it's sort of an order you had to get in, which meant that somebody usually looked out a window to decide if they're going to let you in or not. We never went in a home that didn't have both wife and a husband present. For some practical reasons, I can get in bed later. You made your introduction, usually you figured out some way to make some kind of bonding trust building anything that gave you a clue about who these people were and let them get comfortable with you. And you're looking around the room. You're looking at what's on their wall. Who is it a picture of? What TV station is playing? What radio is happening. You're trying to get a sense of who everybody is with all 5 of your senses because you're physically there. You can see here a field touch taste. That's the really good part about it. So your goal is to get in, listen, which means with your eyes and your ears, as hard as you can. And you never start trying to sell anything. Encyclopedias or pizza or cars or companies. Until you figure out what does this customer want to buy, not the next store customer, not the next customer on the right. Who is this customer and what do they want to buy and why do they want to buy it? That's what you're trying to do. And this was not this was not a small sale. I mean, my understanding is these cost hundreds of dollars, right? Yeah. And it was sort of a classic there's some things we all do one of your younger later on. You look back and think that may have been a little bit soulless. But you were selling a good product. I mean, it was good to have encyclopedia. There was no Internet in those days. And if you want to look at the learn, you looked up the encyclopedia.
KQED Radio
"blue mesa" Discussed on KQED Radio
"Of a plan and it's using the reservoirs for one of their intended purposes. But in 2019 after it was clear that the prolonged drought was only getting worse, the states that share the Colorado River agreed to this new plan. That's what triggered the emergency water releases when Lake Powell dropped to a point that threatened hydro electricity production. Eric Knight is a hydrologist for the U. S Bureau of Reclamation. Hydropower generation is obviously very important to a lot of the customers around the Western states, and also there's a lot of funding for programs that come from hydropower revenue. The money from hydropower helps pay for the construction and maintenance of the dams and reservoirs. Lake Powell's damage already producing less power because of the drought, So the federal agency that distributes the electricity has had to buy more power for its customers. And it's expected that the price of that power will go up. Knights says If snowpack and water runoff remain low again next year, the federal government could take more water from Blue Mesa and the other reservoirs. Obviously, we need to be ready to do something, and so we've done a little bit so far back, you know, no one can really answer the question as to whether not, that would be enough or not. Researchers have found that much of the past two decades of Western drought is due to the warming climate. Knight says the tens of millions of people who rely on the complex Colorado River management system might need to adapt it to an even drier, warmer future one its creators never imagined for NPR News. I'm Michael Elizabeth Sakis in Gunnison, Colorado. This is NPR news. 8 99 KQED kick You read The news with Brian Water Head at 8 22 Joe has traffic.
KCRW
"blue mesa" Discussed on KCRW
"At L Creek Marina. People wait in line to back their trailers into the water to pull their boats out. And some, like Walter Sweat cough are frustrated. We've seen this leg go up and down many times, but we're not happy with it this year, of course. Cause we're all getting kicked out early and we paid for slips for the season and Blue Mesa is Colorado's largest reservoir. It's already less than 38% full, and now it's being forced to sacrifice more water to send to Lake Powell. Eric Loken is head of operations at Elk Creek Marina. He had to shut down six weeks early because of the low water levels. It's a big hit for us, for sure, there's a bunch of employees that thought they would be employed into October, and suddenly they're out looking for employment in the middle of August. The deepening drought in the West has dealt a double blow to Blue Mesa this summer. With climate change. There's less snowpack and warmer temperatures increase evaporation. So less water is making it into the Colorado River and reservoirs like Blue Mesa. And now the federal government is taking water from this lake and two other reservoirs. If we were full, it wouldn't be that big foot eel. But since we're already so low, and we're barely, you know, hanging on by our fingertips on trying to stay open, you take eight ft of water, and suddenly we gotta shut the doors and Move everything out to deeper water, and there's nothing we can do about it. Lake Powell on the Utah Arizona border hit its lowest level on record earlier this summer. Loken worries the reservoir will need even more water from Blue Mesa. If the drought doesn't improve. The question is, are they just going to release whatever we get? That would become a very big problem for everyone around here. Blue Mesa and the other reservoirs were built in the 19 sixties for times of drought. It's a bank of water that the states can tap when they need it, says John Macleod, a water lawyer in Colorado. The water always goes to Lake Powell.
KQED Radio
"blue mesa" Discussed on KQED Radio
"At L Creek Marina. People wait in line to back their trailers into the water to pull their boats out. And some, like Walter Sweat cough are frustrated. We've seen this lake grew up and down many times, but we're not happy with it this year, of course, because we're all getting kicked out early and we paid for slips for the season. Blue Mesa is Colorado's largest reservoir. It's already less than 38% full. And now it's being forced to sacrifice more water to send to Lake Powell. Erik Logan is head of operations at Elk Creek Marina. He had to shut down six weeks early because of the low water levels. It's a big hit for us, for sure, there's a bunch of employees that thought they would be employed in October, and suddenly they're out looking for employment in the middle of August. The deepening drought in the West has dealt a double blow to Blue Mesa this summer. With climate change. There's less snowpack and warmer temperatures increase evaporation, so less water is making it into the Colorado River and reservoirs like Blue Mesa. And now the federal government is taking water from this lake and two other reservoirs. If we were full, it wouldn't be that big foot eel. But since we're already so low, and we're barely hanging on By our fingertips on trying to stay open. You take eight ft of water and suddenly we gotta shut the doors and move everything out to deeper water, And there's nothing we can do about it. Lake Powell on the Utah Arizona border hit its lowest level on record earlier this summer. Loken worries the reservoir will need even more water from Blue Mesa. If the drought doesn't improve. The question is, are they just going to release whatever we get? That would become a very big problem for everyone around here, Blooming said. And the other reservoirs were built in the 19 sixties for times of drought. It's a bank of water that the states can tap when they need it, says John Macleod, a water lawyer in Colorado. The water always goes to like power, and this release.
KQED Radio
"blue mesa" Discussed on KQED Radio
"Water always goes to Lake Powell. In this release is part of a plan and it's using the reservoirs for one of their intended purposes. But in 2019 after it was clear that the prolonged drought was only getting worse, the states that share the Colorado River agreed to this new plan. That's what triggered the emergency water releases when Lake Powell dropped to a point that threatened hydro electricity production. Eric Knight is a hydrologist for the U. S Bureau of Reclamation. Hydropower generation is obviously very important to a lot of The customers around the Western states. And also there's a lot of funding for programs that come from hydropower revenue. The money from hydropower helps pay for the construction and maintenance of the dams and reservoirs. Lake Powell's damage already producing less power because of the drought. So the federal agency that distributes the electricity has had to buy more power for its customers, and it's expected that the price of that power will go up. Knights says If snowpack and water runoff remain low again next year, the federal government could take more water from Blue Mesa and the other reservoirs. Obviously, we need to be ready to do something, and so we've done a little bit so far, but, you know, no one can really answer the question as to whether it's not. That would be enough or not. Researchers have found that much of the past two decades of Western drought is due to the warming climate. Knight says the tens of millions of people who rely on the complex Colorado River management system might need to adapt it to an even drier, warmer future one its creators never imagined. For NPR News. I'm Michael Elizabeth Sakis in Gunnison, Colorado. This is NPR news, right here on members supported KQED Public radio. Good morning. I'm Dave Freeman at 6 19 Joe McConnell with Bay area traffic.
KCRW
"blue mesa" Discussed on KCRW
"At L Creek Marina. People wait in line to back their trailers into the water to pull their boats out. And some, like Walter Sweat cough are frustrated. We've seen this late, go up and down many times, but we're not happy with it this year, of course. Cause we're all getting kicked out early and we paid for slips for the season. Blue Mesa is Colorado's largest reservoir. It's already less than 38% full, and now it's being forced to sacrifice more water to send to Lake Powell. Eric Loken is head of operations at Elk Creek Marina. He had to shut down six weeks early because of the low water levels. It's a big hit for us, for sure, there's a bunch of employees that thought they would be employed into October, and suddenly they're out looking for employment in the middle of August. The deepening drought in the West has dealt a double blow to Blue Mesa this summer. With climate change. There's less snowpack and warmer temperatures increase evaporation. So less water is making it into the Colorado River and reservoirs like Blue Mesa. And now the federal government is taking water from this lake and two other reservoirs. If we were full, it wouldn't be that big of a deal. But since we're already so low, and we're barely hanging on by our fingertips on trying to stay open, you take eight ft. Of water and suddenly we gotta shut the doors and Move everything out to deeper water, and there's nothing we can do about it. Lake Powell on the Utah Arizona border hit its lowest level on record earlier this summer. Loken worries the reservoir will need even more water from Blue Mesa. If the drought doesn't improve. The question is, are they just going to release whatever we get? That would become a very big problem for everyone around here. Blue Mesa and the other reservoirs were built in the 19 sixties for times of drought. It's a bank of water that the states can tap when they need it, says John Macleod, a water lawyer in Colorado. The water always goes to Lake Powell,.
KQED Radio
"blue mesa" Discussed on KQED Radio
"Sakis from Colorado Public radio at Elk Creek Marina. People wait in line to back their trailers into the water to pull their boats out. And some, like Walter Sweat cough are frustrated. We've seen this play go up and down many times, but we're not happy with it this year, of course. Cause we're all getting kicked out early and we paid for slips for the season. Blue Mesa is Colorado's largest reservoir. It's already less than 38% full, and now it's being forced to sacrifice more water to send to Lake Powell. Erik Logan is head of operations at Elk Creek Marina. He had to shut down six weeks early because of the low water levels. It's a big hit for us, for sure, there's a bunch of employees that thought they would be employed in October, and suddenly they're out looking for employment in the middle of August. The deepening drought in the West has dealt a double blow to Blue Mesa this summer. With climate change. There's less snowpack and warmer temperatures increase evaporation. So less water is making it into the Colorado River and reservoirs like Blue Mesa. And now the federal government is taking water from this lake and two other reservoirs. If we were full, it wouldn't be that big a deal. But since we're already so low, and we're barely hanging on By our fingertips on trying to stay open. You take eight ft of water and suddenly we gotta shut the doors and move everything out to deeper water, And there's nothing we can do about it. Lake Powell on the Utah Arizona border hit its lowest level on record earlier this summer. Loken worries the reservoir will need even more water from Blue Mesa. If the drought doesn't improve. The question is, are they just going to release whatever we get? That would become a very big problem for everyone around here, Blooming said. In the other reservoirs were built in the 19 sixties for times of drought. It's a bank of water that the states can tap when they need it, says John Macleod, a water lawyer in Colorado. The.
WNYC 93.9 FM
"blue mesa" Discussed on WNYC 93.9 FM
"Powell and this release is part of a plan and It's using the reservoirs for one of their intended purposes. But in 2019 after it was clear that the prolonged drought was only getting worse. The states that share the Colorado River agreed to this new plan. That's what triggered the emergency water releases when Lake Powell dropped to a point that threatened hydro electricity production. Eric Knight is a hydrologist for the U. S Bureau of Reclamation. Hydropower generation is obviously very important to a lot of The customers around the Western states. And also there's a lot of funding for programs that come from hydropower revenues. The money from hydropower helps pay for the construction and maintenance of the dams and reservoirs. Lake Powell's damage already producing less power because of the drought. So the federal agency that distributes the electricity has had to buy more power for its customers, and it's expected that the price of that power will go up. Knights says If snowpack and water runoff remain low again next year, the federal government could take more water from Blue Mesa and the other reservoirs. Obviously, we need to be ready to use something, and so we've done a little bit so far back, you know, no one can really answer the question as to whether it's not. That would be enough or not. Researchers have found that much of the past two decades of Western drought is due to the warming climate. Knight says the tens of millions of people who rely on the complex Colorado River management system might need to adapt it to an even drier, warmer future. One its creators never imagined for NPR News. I'm Michael Elizabeth Sakis in Gunnison, Colorado. This is NPR news. This is double u. N. Y C coming up on morning edition. We continue our look 50 years back to the uprising at the Attica prison, one of the issues that drove that revolt and remains controversial today, the labor and wages of incarcerated people. We are men. We are not beast and we do not intend to be driven or beaten. As such now a new bill in Congress aims to take that topic on that story still ahead this hour. Support for W. N Y. C comes from thoughts of a colored man. The new Broadway play that.
WNYC 93.9 FM
"blue mesa" Discussed on WNYC 93.9 FM
"Are frustrated. We've seen this late, go up and down many times, but we're not happy with it this year, of course. Cause we're all getting kicked out early and we paid for slips for the season. Blue Mesa is Colorado's largest reservoir. It's already less than 38% full, and now it's being forced to sacrifice more water to send to Lake Powell. Eric Loken is head of operations at Elk Creek Marina. He had to shut down six weeks early because of the low water levels. It's a big hit for us, for sure, there's a bunch of employees that thought they would be employed into October, and suddenly they're out looking for employment in the middle of August. The deepening drought in the West has dealt a double blow to Blue Mesa this summer. With climate change. There's less snowpack and warmer temperatures increase evaporation. So less water is making it into the Colorado River and reservoirs like Blue Mesa. And now the federal government is taking water from this lake and two other reservoirs. If we were full, it wouldn't be that big of a deal. But since we're already so low, and we're barely hanging on by our fingertips on trying to stay open, you take eight ft. Of water and suddenly we gotta shut the doors and Move everything out to deeper water, and there's nothing we can do about it. Lake Powell on the Utah Arizona border hit its lowest level on record earlier this summer. Loken worries the reservoir will need even more water from Blue Mesa. If the drought doesn't improve. The question is, are they just going to release whatever we get? That would become a very big problem for everyone around here. Bloom a set and the other reservoirs were built in the 19 sixties for times of drought. It's a bank of water that the states can tap when they need it, says John Macleod, a water lawyer in Colorado. The water always goes to Lake.
Environment: NPR
"blue mesa" Discussed on Environment: NPR
"Support for npr in the following message. Come from y'all and pamela mon thanking the people who make public radio great every day and also those who listen a twenty year. Mega drought in the west is threatening hydropower. For millions of people so the federal government is taking emergency action it sending water from other reservoirs to lake powell to help. Keep the power turbines. They're spinning. here's michael. Elizabeth sack is from colorado public radio at elk creek marina. People wait in line to back their trailers into the water to pull their boats out. And some like walter. Slut cough are frustrated. Resumes legua up and down many times. But we're not happy with it this year. Of course because we're all getting kicked out early and we pay for slips for the season. Blue mesa is colorado's largest reservoir. It's already less than thirty percent full. And now it's being forced to sacrifice more water to send to lake powell eric. Logan is head of operations at elk. Creek marina he had to shut down six weeks early because of the low water levels. It's a big hit for us for sure. There's a bunch of employees. That doctor would be employed into october and suddenly they're out looking for employment in middle of august. The deepening drought in the west has dealt a double blow to blue mesa this summer with climate change there's less snowpack and warmer temperatures increase. Evaporation so less water is making it into the colorado river and reservoirs like blue mesa and now the federal government is taking water from this lake into other reservoirs. If we were full it wouldn't be that big deal but since we're already so low and we're barely hanging on by our fingertips on trying to stay open. You take eight feet of water and suddenly we got shut the doors and move everything out to deeper water and there's nothing we can do about it. Lake powell on the utah. Arizona border hit its lowest level on record earlier this summer. Logan worries the reservoir will need even more water from blue mesa. If the drought doesn't improve the question is are they going to release whatever we get. That would become a very big problem for everyone around here. Blue may sat and the other reservoirs were built in the nineteen sixties for times of drought. It's a bank of water that the states can tap when they need. It says john macleod. A water lawyer in colorado. The water always goes to lake. Powell and this release is part of the plan. And it's using the reservoirs for one of their intended purposes but in twenty nineteen after it was clear that the prolonged drought was only getting worse. The states that share the colorado river agreed to this new plan. that's what triggered the emergency water releases. When lake powell dropped to a point that threatened hydro-electricity production. Eric night is a hydrologist for the. Us bureau of reclamation. Hydropower generation is obviously very important to a lot of the customers around the western states. And also there's a lot of funding for programs that come from hydropower revenue. The money from hydropower helps pay for the construction and maintenance of the dams and reservoirs lake powell's dam is already producing west power because of the drought. So the federal agency that distributes. The electricity has had to buy more power for its customers. And it's expected that the price of that power will go up night says if snowpack and water runoff remained low. Again next year the federal government could take more water from blue mesa and the other reservoirs. Obviously we need to be ready to do something. And so we've done a little bit so far but you know no one can really answer the question as to whether it's not that would be enough or not. Researchers have found that much of the past. Two decades of western drought is due to the warming. Climate night says the tens of millions of people who rely on the complex colorado river management system might need to adapt it to an even drier warmer future one. Its creators never imagined for npr.
Environment: NPR
A 20-Year Megadrought Threatens Hydropower in the West
"A twenty year. Mega drought in the west is threatening hydropower. For millions of people so the federal government is taking emergency action it sending water from other reservoirs to lake powell to help. Keep the power turbines. They're spinning. here's michael. Elizabeth sack is from colorado public radio at elk creek marina. People wait in line to back their trailers into the water to pull their boats out. And some like walter. Slut cough are frustrated. Resumes legua up and down many times. But we're not happy with it this year. Of course because we're all getting kicked out early and we pay for slips for the season. Blue mesa is colorado's largest reservoir. It's already less than thirty percent full. And now it's being forced to sacrifice more water to send to lake powell eric. Logan is head of operations at elk. Creek marina he had to shut down six weeks early because of the low water levels. It's a big hit for us for sure. There's a bunch of employees. That doctor would be employed into october and suddenly they're out looking for employment in middle of august. The deepening drought in the west has dealt a double blow to blue mesa this summer with climate change there's less snowpack and warmer temperatures increase. Evaporation so less water is making it into the colorado river and reservoirs like blue mesa and now the federal government is taking water from this lake into other reservoirs. If we were full it wouldn't be that big deal but since we're already so low and we're barely hanging on by our fingertips on trying to stay open. You take eight feet of water and suddenly we got shut the doors and move everything out to deeper water and there's nothing we can do about it. Lake powell on the utah. Arizona border hit its lowest level on record earlier this summer. Logan worries the reservoir will need even more water from blue mesa. If the drought doesn't improve the question is are they going to release whatever we get. That would become a very big problem for everyone around here. Blue may sat and the other reservoirs were built in the nineteen sixties for times of drought. It's a bank of water that the states can tap when they need. It says john macleod. A water lawyer in colorado. The water always goes to lake. Powell and this release is part of the plan. And it's using the reservoirs for one of their intended purposes
All Songs Considered
"blue mesa" Discussed on All Songs Considered
"Bridges. The album is called. gold digger. Sound the song we're hearing from. It is called motorbike and joining us to talk about this when his radio milwaukee's tariq moody hatred. Hey robyn how you doing all right. The bridges has had such a classic vintage sound over. the years. You know really comes from a different era and on this new album. It still has roots in the past but he kind of mixes it up a bit. Yeah it's a. It's a slight departure. Little more on the Kind of the modern rb sound instead of the traditional rb sound so he spent two years jam nap this place called gold diggers bar hotel and recording studio off the fame Santa monica boulevard in los angeles for less about two years and basically he created a whole new kind of modern. Sam i think that's because of its collaborations. Terrace martin who's best known jazz artis and composer producer. But he's best known for working for artists like kendrick lamar among others robert glass spor- so you hear their Their influences on the album. Yeah he has been on an incredible run of collaborations. Robert glassberg ten smart. You mentioned he's also worked with krung been casey. Musk graves. dip the avalanches. And i don't know maybe maybe it was inevitable that he would head more in this direction. It's not a huge departure. But he does slip into a more contemporary sound very comfortably managing to get like eight. Oh eight drum machines to sit next two horns and strings and but there are songs that remind me of the. I guess the elderly on like for example. Don't worry featuring inc. Which definitely has this southern rb vibe and then the track that hit me hard was the final track. Blue mesa felt like it was about mental health but mostly it felt like it was about black men to health. Listen to the lyrics how you get lonely. Even though you're surrounded by the ones you know killing myself saying these words there's hurting right now in my soul but i learned never to let it show. Do i need help no. That's kind of the the thing that's happened in mental health. You don't wanna show especially in black men in the black community that you've got to hide it. You gotta show your strength and the music with that was just. I had the pause and take a breather because it was. Are you speaking to me man. Because i've been going to that trying to show strength in like i'm good. I'm good yeah you know right but that track closing track was. I did not that because you know you listen to other tracks is like sexy sexy time. Then you close out with that. And you're like whoa. Whoa back to reality leon. Bridges the album is called gold digger sound. And let's do more before you go. It's from the artist. Known as child is called hope for sale.
H-sana
"blue mesa" Discussed on H-sana
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Podcast RadioViajera
"blue mesa" Discussed on Podcast RadioViajera
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