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tv   Matter of Fact With Soledad O Brien  NBC  December 24, 2017 5:00am-5:31am PST

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>> right now on "matter of f ," changing the way america wo investment at a time. high-tech entrepreneur steve case talks about why he's pu startups outside of silicon valley, giving everyone a shot at the plus, it's not just onto the norms and demandthe need for skt just entrepreneurs in demand. the need for skilled workers. >> i really wanted a career path. >> giving others a second chanand, do you have your resolutions read 2018? >> making resolutions is the >> the science of making yourouh
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resolutions stick. ♪ soledad: i'm soledad o'brien. welcome to "matter of fact." this year, retailers have found hiring to be a tough job. retailers aren't alone with the u.s. at what economi call full employment. labor experts say there are 6.1 million unfilled job openings nationwide. many are in manufacturing. with an estimated 3.5 million manufacturing jobs needed over the next decade, almost 2 unfilled because of the lack of as jessica gomez reports, those numbers are foand the schools te workers, to be creative. jessica: it's crunch time for
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manufa at moraine park technical college graduation is just days away but there's little concern abo isar. the offer came just seven months her two-year program. >> i would say 80% to 90% of our students are currently working employers work around their full-time school schedule. soledad: mechanical design students jake fendt said his employer gave him th home untile graduates. >> it's a student market right the students can get what they -- jessica: jeremey wichman is getting exactly what nearly $40,000 a year at 21 years old, and no student debt. >> a lot of times, you don't
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jessica: the demand from localnt manufa companies has been so huge that moraine park started a program where they get studend jobs within 12 weeks. >> a lot of these students ha things jessica: alex rocha needed thaty extra chana former drug addict d time for possession, he was >> i was wondering around. i really wanted a career path. jessica: rocha has already been hired as a rr at mayville engineering company.wis o fill -- >> we are looking at every
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cranny we can to find people. two generations of kids off because parents thought to get a good paying job, you to a four-year school. it'o that manufacturing is not dirty, dark, and dangerous. jessica: at vermeer corporation in iowa, more than 90 jobs open be filled. >> skilled workforce is probably need at our dealerships and cu one of the city's largest employers, vermeer hoping to spark interest, the company invites in local kids as young as middle school, showing them the opportechnology in a mn that there are a lot ofould lio
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jobs tt realize are here. , it is: in moraine park students, all of whom have bn hired. >> i'm not 100% sure of what i want to do wite but this jessica: just months ago, alex rocha was the guy who missed his today, he's here. >> i can finally pay my bills and be responsible. it's a great feeling to support my family. jessica: i'm jessica gomez for "matter of fact." the home of hollywood, los a also a manufacturing hub, fueled by a >> are they a minority, are they a woman? announcer: finding opportunitie. soledad: you have been
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announcer: high-tech pioneer steve case looking for the next big idea, this time ahead, from magazinesll to you phone, you subscription already.a but when you subscribe to a new car? soledad: volvo says the contract is mod kind used announcer: why so many companies are using th i saw the change in rich when we moved into the new house. but having his parents over was enlightening. ♪ you don't like my lasagna? no, it's good. -hmm. -oh. huh. [ both laugh ] here, blow. blow on it. you see it, right? is there a draft in here? i'm telling you, it's so easy to get home insurance
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on progressive can't save you from becoming your parents. but we can save you money when you bundle home and auto.
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soledad: when you think about the indus angeles, you probably think aactors, red car. l.a. is home to 12,000 it's the largest manufacturing make in l.a. is a hub that
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devices -- a help that brings hardware or physical devices. this is what a manufacturing brn trust looks like. one person leading that trust is carmen palafox. what is an accelerator? >> the accelerator part is a it's meant to take a start up them tod up time, get the next level. they can use 3-d printers, laser cutters, injection molding soledad: you literally give them >> we give them the tools, training, access. soledad: make in l.a. has invested in 15 teams so far. $150,000 inup to
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the first four m plus additional capital reserved for the next phase.>> it is thrilliy introduced to founders working on -- to be constantly introduced to founders working on interesting products. dave started a company foe technology. >> the focus is for people to understand the behavior of the soledad: why did you go to make in l.a>> we are based in los an. it was nice to find an hardware. that's rare. gabe's passion for manufait has been a family busi. his grandfather opened a hardwa in 1904. >> i grew up taking deliveries
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soledad: rufus currently has 50 enterprise customers in their pipeline with 2000 units reordered. but comment to do that, he and his team hadt past the extremely intense tr at making l.a.. >> on the instigator at making i pushed these entrepreneurs to learn and grow. i make them question everything product, forcing them to look at it from various eyes. it is different for a lot of people. investors come in weekly and share their war stories and that'entrepreneurs avoid mistak. so both carmen and shaun say they get a thrill out of find >> might overlook stuff thatrs. geney biases investors.
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are they a woman, a minority, do they havwe are not looking at aa eawe are looking at tomorrow's >> if unsuccessful, i create jobs, ways to see the world, i create opportunities for people in my soledad: pressure is on. >> the pressure is on. announ when we come back, he got america online. to geteve case wants america to work. --ve: we can't just finished can't just focus on the we have to focus all across the announcer: why he says cities are ready for an entrepreneurial plus, car leases, nothing new. but what about a car subscripti service?
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there's a new deal to get more encould it work for you? your newad, getting year off to the ri board to make those resolutions stick.
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soledad: as a cofounder of aol in 1985, steve case was an internet pioneer. fory, he's advocating entrepreneurship outside valleye of tack and all the thingsi talked to him about thet wave of tack.the last time we w, we were in wisconsin at a your whole message was stop sending people to silicon
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people in madison, wisconsin should be nurturing the peop in madison, wisconsin who wan to be entrepreneurs. steve: in many parts of the country, we have seen a huge brain drain over the last few something more entrepreneuri, wanting to do something in te . they felt they had to move to the coast, particularly silicon that is great in some respects. awesome things.does a lot of but it has left a lot of the country behind in terms of opportunity to create the jo that are possible there. ou more of these communities in middle of the country to suppo more vibrant start up communit that will result in more of those companies growing and the process creating jobs the and driving economic growth there. i think it is very importante level the playing field so tt everybody, everywhere can be optimisticd feel like they have a shot at the american dream. soledad: not to mention, silicon valley is running out of plas to live and all those other steve: there are some challenges the data is sobering really. last year, 75% of venture capital went to just three states.
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soledad: boston new york and -- steve: california. it's really just the three cities, san francisco, new york how do we spread that? we also statistics where over 90% oe venture capital went to men. less than 10% to women. n americans. so right now, it does mattersold entrepreneurship generally generally show that people of color are very. black women are very entrepreneurial. women ar it is like you got to connec you are on this tour called e rise of the rest. tick off for me some of the cities you are going to. steve: we have been doing this for d . we have been going to cities like places like detroit, pittsburgh, albuquerque, phoenix, and madison, minneapolis, atlanta, new orleans, all over the country trying to understand what is so far it is 26 cities, 6000 miles. next week, we'll be in 6 mor cities, going to york, pennsylvania, lancaster,
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harrisburg, columbus, ohio. the message alive and well and in the mi of the country but more people need to pay attention locall support them, mentor them, be customers to them, invest in them and more of the venture capitalists sitting on the c need to invest them as well because it is a great opportunity as an investment. the valuations in these cities are lower because there is ls capital there, but it is alsa great way to revitalize these cities and give them a sense that the future is going to good for their communities, j are going to be created ther artificial intelligence, or robotics or other kinds of things. we can't just focus on tinnovate across the country and help these cities rise. soledad: you have been those businesses. what do you look for that are not in silicon -- i mean, i know some in silicon valley, lot nown valley. what do you lo? steve: there is a big theme emerging, it is called the t wave, the third wave of the internet healthcare, and agriculture, and
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food and transportation. a lot of important aspects of our lives so it is going to require a different mind set entrepreneurs, partnerships e going to be more important. public policy regulations are going to be more important. if you really want to revolutionize agriculture, you are probably going to do tha you understand how farmers in missouri or nebraska or kent think about those things. similarly, if you want to wvolutionize healthcare, with the cleveland clinic or johns hopkins are going to important. so i think tha of it is in the middle of the country which i think will hp fuel this rise of the rest. the expertise necessary for this third wave, the partnershipsthae this third wave, many of tho are in the middle of the country. so if we can und happening and get more ventu capitalists paying attentiono those startups there, i thin is a great opportunities. so we look for these third wave businesses that really trying improve important aspects of lives and in the process dis what is happening right now 6: for me, the driver three dec ago was how do you use the internet to level the playing field in terms of access and now it is how you level that
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playing field in terms of opportunities, including accs to capital. make sure ev they have a shot at the amen dream. more on making america work how solar technology is putting coto workp local communities arninew manufg ando search for jobs. coming up, get the new car that you want without the it's a new service some car companies arg out to target young professio but is it right for you? plus, ready to ring in the new brain holds the key toyou hows success.
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soledad: now, our weekly feature we like to call, "we are paying attention." it's kind of a surprise, a car subscr.we are not talking about leasing, we are talking about car subscription. volvo is the latest company to offethey showed off their compat v with a monthly subscription of $200 and they two-year contract. afteray it is modeled this and leasing?one.what's then they say subscriptions give you the ability to own a car on a month-to-month basis. it can be set up for two months, e months, varying lengths of term. the subscriptions are aimed at the tech savvy millennials in book service is onlyc's
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availa in new york city, francisco and western loss proi angeles. volvo says its program will be avaie nationwide in the new announcer: we all do it every once the science behind breaking and reaching your goals?
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soledad: millions of americans are about to make their new ye ritual dating back to ancient rome. making resolutions is the easy is because of how the brainough the most obvious reason we fail, usually our goals are things we've failed at in the p
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making resolutions doesn't require a ton of effort. while the idea that we'll weight, or exercise, or be kinder is gratifying, follow through actually requires an but don't give up. science can help us overcome habit patterns we're tryin break. to create a new habit, you have to loosen the connection betneul cortex. yes. i'm if you have negative thoughts about exercise, or flossing, o eating healthy, you have to attach a good or n to the experience. detaching from the emotion a attaching a new one makes ro between the existing neutron making change easier. or, you can take a page from ucla professor hal hershfiel he had college students look at digitally aged images of themselves. he was tryy for the future self. the result, less procrastinat on set goals. the students wanted to be be
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in the future and got to work so, don't let the past holu back. you can do it. at least until january 2. i'm soledad o'brien. we'll see you next week for "matter of fact." ♪ [captioning performed by the which is responsible for its ♪ robert handa: hello, and welcome to
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"asian pacific america." i'm robert handa, your host for our show here in nbc bay area and cozi tv, and this is our starting point for our show on the three remaining japantowns in los angeles, san francisco, and of course here in san jose. and what better place to start than the japanese-american museum in san jose. so, stay with us. ♪ ♪ jim nagareda: san jose is probably the most traditional of the japantowns, and also we're in the original location of where japantown was.


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