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AZ Tech Roundtable 2.0

AZ Tech Roundtable 2.0 with Matt Battaglia

The show where EntrepreneursTop Executives, Founders, and Investors come to share insights about the future of business


AZ TRT 2.0 looks at the new trends in business, & how classic industries are evolving

Common Topics Discussed: Startups, Founders, Funds & Venture Capital, Business, Entrepreneurship, Biotech, Blockchain / Crypto, Executive Comp, Investing, Stocks, Real Estate + Alternative Investments, and more… 


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Jul 7, 2020

Real Estate Development Goes on in the Pandemic in the Phoenix Mkt, & 80/20 Principle

- BRT S01 EP22 7-5-2020


Guest: Corina Vanek – Phoenix Business Journal writer



Things We Learned This Week

  • NAU (Northern Arizona Univ) is one of the largest developers in Flagstaff, AZ
  • ASU is one of the biggest developers in Tempe AZ and all of AZ
  • Covid19 crisis, the affect on Phoenix real estate industry, the economy
  • West Valley growing fast, 101 and 303 areas
  • 80/20 Principle summed up is, 80% of outputs come from 20% of inputs – Focus on the 20%




Corina covers commercial real estate and the economic development with a focus on Phoenix, Scottsdale, Tempe, Maricopa County and the state (Started in summer of 2018). Prior to Phx Bus Jrl, she worked for a paper in Flagstaff, AZ covering schools and city government. She is originally from Phoenix, AZ.  



NAU (Northern Arizona Univ) is one of the largest developers in Flagstaff, AZ

Tourism is a major industry in Flagstaff, hotels and hospitality

Science is a major industry because of NAU

ASU is one of the biggest developers in Tempe AZ and all of AZ

Hotel or other Projects in development was put on hold

State or commercial building projects in motion, just kept building

Restaurants had to zoning approval to add takeout or drive thru to pivot in Pandemic

Warehouse District in downtown Phoenix, started redevelopment circa 10 years ago

Flight Business Park $20 mil development, in Goodyear, AZ, in 1940s used to build aircraft

Reliance Management & Daryl Burton are the developer for the multipurpose office, hoping for industrial and aerospace tenants

Repurpose old office space and update to more open modern layout

West Valley of Phoenix AZ growing fast, hoping for more business in west valley, to cut down commutes

City of Goodyear involved in development with the Economic Coordinator to recruit companies

Chandler Technology Center, another Reliance Mgmt development

Tempe Town Lake – hottest office market in the valley, low vacancy and high rents



MB on China & Hong Kong Freedom Issues



MB on the 80/20 Principle


80/20 Principle summed up is, 80% of outputs come from 20% of inputs

Other examples - 80% of sales comes from 20% of sales people

Microsoft – 20% of bugs caused 80% of problems

80% of client issues come from 20% of clients

You make business decisions based on the stats, and data on how to manage process and clients. 

Hence, you may fire bottom 10% of clients to cut out issues

Very few things create a lot of your results – could actually be ratio of 90/10 or 70/30.

Analyze who are top 20% of clients and get more of the top 20% types to grow business.

Also named Law of the Few or Pareto’s Principle 

Vilfredo Pareto studied land,  & farming in Italy, he realized 80% of land in Italy held by 20% of population.

Joseph Juran  - expert in efficiency and quality coined “Pareto’s Principle”

Richard Koch – wrote 80/20 Principle book in 1998.

Koch was a Bain & Co. consultant – worked with Bill Bain. Koch said Bain was smart and lazy.

Bain hired young brilliant and “cheap” talent, less accounts, but great customer service.

Focus Time on Key 20% effective work for best results to grow business.

‘To Do’ List can only have a few high priorities per day, focus on important tasks




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Business Roundtable with Matt Battaglia

The show where EntrepreneursHigh Level Executives, Business Owners, and Investors come to share insight and ideas about the future of businessBRT 2.0 looks at the new trends in business, and how classic industries are evolving

Common Topics Discussed: Business, Entrepreneurship, Investing, Stocks, Cannabis, Tech, Blockchain / Crypto, Real Estate, Legal, Sales, Charity, and more… 

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Disclaimer: The views and opinions expressed in this program are those of the Hosts, Guests and Speakers, and do not necessarily reflect the views or positions of any entities they represent (or affiliates, members, managers, employees or partners), or any Station, Podcast Platform, Website or Social Media that this show may air on. All information provided is for educational and entertainment purposes. Nothing said on this program should be considered advice or recommendations in: business, legal, real estate, crypto, tax accounting, investment, etc. Always seek the advice of a professional in all business ventures, including but not limited to: investments, tax, loans, legal, accounting, real estate, crypto, contracts, sales, marketing, other business arrangements, etc.