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Brandon Donnelly — Daily insights for city builders. Published since 2013 by Toronto-based real estate developer Brandon Donnelly. — Page 1457

Rules are made to be broken. So which one is next?

  • Airbnb
  • Architect-this-city
  • Atc

Jevon MacDonald of StartupNorth published an interesting article today called,  You are supposed to break the rules . It talks about entrepreneurship and how great companies are built by disregarding the way things are done today.

And I think it’s for that reason that many stupid sounding ideas (think Airbnb and its initial idea of offering air mattresses) actually turn out to be great ideas. In reality, they weren’t stupid ideas. They just contravened the norm, and that made them sound stupid. It made people feel uncomfortable. And as humans, we tend to have a bias towards things that reinforce our existing view of the world.

In any case, Jevon talks about some of the “big rules” that are being broken today. His list includes:

But really he’s talking about Uber, Tesla, and Airbnb. They are the startups breaking those rules. However, that’s old news for most of us. What’s more interesting are the following two takeaways.

The first is his prediction that startups are going to start running into more and more regulatory hurdles. In other words, we’re going to see more, not less, litigation. And I think he’s right. As technology starts to creep into other industries (like it has with the taxi industry, the car industry, and the hospitality industry), we’ll probably see a lot of incumbents fighting to hold on.

The second interesting takeaway for me was that out of his list of “big rules”, the real estate industry (i.e. the MLS) is the only one that doesn’t have a formidable disruptor attached to it. Which makes me wonder: Is something like Opendoor.com inevitable?

What are the most compelling reasons for someone to become an architect now?

  • Architect-this-city
  • Architecture
  • Architecture-school

Since I’ve talked a lot before about the profession of architecture and the future of it , I thought I would share this recent interview with Mark Wigley from Surface Magazine (May 2014). Since 2004, Wigley was the Dean of Columbia University’s Graduate School of Architecture, Planning and Preservation . But he’s now stepping down and this was his exit interview.

The first question he was asked was: 

What are the most compelling reasons for someone to become an architect now?

I actually think that there’s never a compelling reason to be an architect. The decision is irrational, and that irrationality is an enormous and precious asset. Architecture is full of romantics who think that even relatively small changes to the built environment create the aspiration for a better society. It sounds hokey, but there is in every architect the thought that things could be better. This is a kind of professional optimism. And that leads to an expertise in entering situations in which the dynamics are unclear. Architects are only ever called into a situation when it’s impossible. If it’s possible, you invite somebody with a toolbox who can give answers. You call the architect in when it’s not clear what the question even is. 

The line I really like is the one I highlighted in bold above: “…there is in every architect the thought that things could be better.”

Wigley is talking about it in a kind of romantic and idealistic way, but I don’t think it necessarily needs to be that way. The optimistic belief that things could be better, that things could be improved, is a powerful notion. In my view, it’s what drives entrepreneurship and that happens to be our most powerful economic engine.

I actually think there are a number of parallels between architecture and entrepreneurship. In school, architects are indeed taught to enter into situations where “the dynamics are unclear.” It’s about taking an idea, developing it, and trying to figure out what it could become.

Then, once you’ve poured your heart and soul into that idea, you get up in front of everyone and you pitch it. It’s your job to convince everyone that, yes, the way you’ve developed your idea is in fact the right way. Sometimes you get shot down. And other times you don’t. But you just have to take the risk.

Click here to download the full PDF of Mark Wigley’s interview.

The branding of places

  • Badd-press
  • Brand
  • Branding

Most people would agree that branding is a powerful and important exercise in the world of business. We recognize that brand equity is something that pays dividends in the future.

When you walk around a city with a Starbucks, Tim Hortons, or some other coffee cup in hand, you are sending signals about who you are as a person and consumer. So, you could argue that you’re consuming the cup, as much as you are consuming the coffee.

But one area that still feels like it’s in its infancy is place branding. That is, the branding of nations, regions, cities, and places. I’ve talked a lot about the business of cities  and how impressions are created around cities , but I’ve never explicitly talked about place branding.

However, it is an area on the rise. Monocle has written extensively about the importance of nation branding and there are firms, such as Vancouver-based Resonance, that now specialize in the strategy and branding of places.

Here’s a short 5 minute video that they prepared talking about place branding and their approach to it. If you can’t see the video below, click here .

//player.vimeo.com/video/66920801

But at the same time, there are more grassroot ways in which a place brand can emerge. Think about the number of times Jay-Z has referred to himself as the Brooklyn boy or Drake has promoted Toronto in one of his videos. It’s hard to measure the impact of these sorts of things, but I am sure there is one.

Here’s another example – a 4 minute video of Drake talking about why he loves Toronto. Click here if you can’t see it below.

[youtube https://www.youtube.com/watch?v=M3TrbGEJbio?rel=0]

Recently, you may have heard that Drake is about to give Toronto a new moniker : The 6. Some think it is in honor of our two main area codes 41 6 and 6 47, and I think that’s probably a good guess.

But whatever the reason, I thought it was an interesting exercise in place branding. So I decided to partner with Toronto-based design firm Badd Press and make a “The 6” t-shirt (shown at the top of this post). You can get yours for $30 by visiting shopATC .

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Daily insights for city builders. Published since 2013 by Toronto-based real estate developer Brandon Donnelly.