Spencer Schar
Entrepreneur
This is the blog of Spencer Schar, who recently relocated to Denver, Colorado, from Florida. This blog will explore various aspects of Spencer’s professional life and interests, covering topics such as Colorado hiking, being closer to nature in the Rocky Mountains, the role of the Lake Economic Area Development (LEAD) Partnership, entrepreneurial businesses trends, and a look at some of the best fishing locations around the world.
In his free time, Spencer loves to hike with his dog in Boulder’s Open Space and Mountain Parks, particularly on the trails of the nearby Flatirons. He also has a passion for architecture and design and is enjoying discovering his new home state’s architectural standards.
Lake Economic Area Development (LEAD)
Spencer formerly sat on the board of LEAD, a public/private organization committed to supporting development efforts aimed at uplifting the people, communities, and businesses of Lake County. Its goal is to further grow, diversify, and unite the county’s regional economy. The organization aspires to both create and support businesses and provides the networks and resources required by prospective entrepreneurs and partnerships to help their enterprises succeed. Furthermore, LEAD assists existing businesses with issues including financing, challenges, growth opportunities, post-disaster continuity, and permits.
Sustainability, Data, Responsibility
Looking ahead, there are several key entrepreneurial business trends that are likely to emerge, according to industry experts.
Sustainability
Businesses are expected to continue putting a major focus on sustainable practices and products in line with changing consumer expectations, and digital transformation will remain a key priority for many enterprises.
Data
It’s predicted that more businesses will rely on data-driven decision-making to make informed choices regarding, for example, customer behavior, business operations, and market trends.
Responsibility
There will also likely continue to be a push towards social responsibility, with businesses increasingly required to demonstrate their credentials on this score by supporting causes that align with their values.