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Showing posts with label Americas. Show all posts
Showing posts with label Americas. Show all posts

Tuesday, September 27, 2011

Which Is America's Best City?

By

(This story has been corrected. A reference to a former pedestrian mall has been removed. )

Ask most people which city they would most want to live in and usually their answers would be shaped by such realities as proximity to their jobs and what they can afford. But suppose you could choose to live anywhere you wanted regardless of cost? What if you could live in a city that offered a wealth of culture, entertainment, good schools, low crime, and plenty of green space? Many people might opt for obvious choices such as New York or San Francisco, but great as they are, data reveal other cities are even better.

Businessweek.com spent months working with data that would help us to identify the best cities in the U.S. We looked at a range of positive metrics around quality of life, counted up restaurants, evaluated school scores, and considered the number of colleges and pro sports teams. All these factors and more add up to a city that would seem to offer it all. When we began the process we had no idea which cities would come out on top. The winner? Raleigh, N.C.

To most residents of Raleigh, it may not come as a surprise that their city earned the title of America’s Best City. Raleigh shows the cultural graces that go along with anchoring the so-called Research Triangle, home to North Carolina State University, Duke University, and the University of North Carolina at Chapel Hill. Among its many attributes the city sports 867 restaurants, 110 bars, and 51 museums, according to Onboard Informatics, as well as a thriving social scene, good schools, and 12,512 park acres, equal to several times the green space per capita in cities like New York and Los Angeles, according to the Trust for Public Land. It also offers a great deal on nights and weekends—from concerts and opera, to the NHL’s Carolina Hurricanes and college sports, to the 30,000-square-foot State Farmers Market.

Raleigh may have a population of only about 400,000 and span about 144 square miles, yet data show it still offers a lot, if only in a smaller package. True, Raleigh may not be the center of the tech universe like San Francisco, a hub of higher education on the same scale as Boston, or a vibrant 24-hour metropolis like New York, but all those cities also offered higher unemployment, a dearth of parks, worse public education, and other negative factors that weighed against them.

“We’ve always said, you can find about every amenity that you want, even in a city of our size,” says James Sauls, director of Raleigh Economic Development, a partnership between the City of Raleigh and the Greater Raleigh Chamber of Commerce.

The city has been home to an array of celebs including Olympic champion Kristi Yamaguchi, Dexter star Michael C. Hall, and singer Clay Aiken (whose dog was even named Raleigh).

With help from Bloomberg Rankings, Businessweek.com evaluated 100 of the country’s largest cities based on 16 criteria including: the number of restaurants, bars, and museums per capita; the number of colleges, libraries, and professional sports teams; the income, poverty, unemployment, crime, and foreclosure rates; percentage of population with bachelor’s degrees or higher; public school performance; park acres per 1,000 residents; and air quality. Greater weighting was placed on recreational amenities such as parks, bars, restaurants, and museums per capita, educational attainment, school performance, poverty, and air quality. As living in great cities can be expensive, affordability was not taken into account.

The data for this ranking came from the U.S. Census Bureau, U.S. Bureau of Labor Statistics, Sperling’s BestPlaces, GreatSchools, Onboard Informatics, RealtyTrac, Bloomberg, and the Trust for Public Land.


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Thursday, July 7, 2011

Market America's American Dream Machine

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Martha Camarillo

By Karl Taro Greenfeld

JR Ridinger, 61, has the master salesman's knack of seeming intensely interested in you. He leans forward, tense with anticipation, as he asks about where you live, what you do, whether you are married, have children. He remarks at how wonderful your life seems, at how exciting it all must be. Ridinger is a multimillionaire who lives in a 35,000-square-foot mansion on Biscayne Bay with a 150-foot yacht moored at the dock. He has a beautiful wife and celebrity friends, a $25 million Manhattan condo. He is the president, chief executive officer, and 93 percent owner of Market America, the e-commerce dynamo that made $393 million last year, according to company figures. And he is happy for you! That salesman's gift, that ability to make you believe in yourself, is why he has all this.

Market America is the latest and most sophisticated incarnation of multilevel marketing (MLM), that controversial business model that exploits the get-rich-quick dreams of every red-blooded American. The basic idea is that every member of Market America pays a fee for the right to sell an exclusive product—vitamins, makeup, potent herbal tonics, kitchenware—and then recruits other distributors who also buy the product and pay a commission upward. Each distributor finds new distributors, and so on, so that money flows upward in a pyramid shape, from many to fewer to, eventually, just one person—Ridinger—at the top. Plenty of large and successful businesses have been built around this model, Amway, Avon Products (AVP), and Tupperware Brands (TUP) among them, but Market America is the first to integrate the Internet, e-commerce, and social media into the scheme, in the process elevating not only the products being sold but the act of the sale itself.

In this world, sales is far more than a career choice: It's an act of self-expression, a pathway to happiness, and the fulfillment of one's wildest imaginings. And few Americans better embody that ideal than JR Ridinger.

On a hot Miami morning, JR and his wife Loren, 43, are sitting on suede sofas in a sumptuously furnished den. Around them on highboys and end tables are golden-framed photos of JR, Loren, and their daughter, Amber Ridinger, with various famous people—"Eva" (Eva Longoria), "Kim" (Kim Kardashian), "Jennifer" (Jennifer Lopez), etc. The room is festooned with high-end bric-a-brac: dragon-handled urns, brocaded curtains, pillows with lion's mane fringes, silver trays as vast as air hockey tables, crystal-bead chandeliers. In one arched hallway connecting ballroom to dining room, there are 18 images of Cupid, a motif Loren calls "Roman." In JR's office, there are several shelves of embossed Norwegian encyclopedias and sagas. When asked if he reads Norwegian, JR laughs and says, "I wish. Loren buys those books by the yard." JR prefers listening to cassettes of his own motivational speeches, sometimes when he's doing yoga. "I make myself laugh," he says. Ridinger's dyed comb-over of black hair, his angled slabs of cheeks, his short, sharp nose, narrow mouth, and dimpled chin create an almost-cherubic appearance that is at once pleasing and—this is key—nonthreatening. You feel instantly, completely, at ease.

"JR's great gift is, well, a lot of guys can sell stuff, but JR sells belief," says his brother-in-law, Marc Ashley, Market America's chief operating officer. "JR sells the idea that you too can be a great salesman. He sells that belief in yourself. Only the very top fraction of salesmen can do that."

The Market America website sells more than 3,000 proprietary products, an array of health tonics, nutritional supplements, cosmetics, weight-loss programs, and household cleaners, all of them "unique, exclusive, and developed by and for Market America," Ridinger says. Actually, those products, the most popular and profitable of which are the Isotonix line of nutritional supplements that sell for about $70 per 10-ounce bottle, are almost interchangeable with what you could find in your local CVS or Duane Reade for half the price. But that hardly matters. The business is driven, instead, by distributors finding customers, introducing them to Market America products, and then explaining to them that by selling this product, they can become as wealthy as, well, JR Ridinger.


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