Albuquerque Journal

Time to stop saying business success not relevant in NM

- BY CHARLES RATH CEO AND FOUNDER, RS21

You hear it all the time here in Albuquerqu­e. New Mexico can’t attract talent. We have an irreversib­le “brain drain” problem, with graduates moving out of state by the thousands. Get out before it’s too late. New Mexico is a terrible place to do business.

I don’t buy any of it. Because what I see, and what I am helping to cultivate, is quite the opposite. As CEO of a local tech company, RS21, my business is not only keeping New Mexicans here, but bringing them back home. Last week, we announced we’ll be creating more than 100 new high-paying jobs in Downtown within the next five years, and we can’t wait to entice our community to continue to call their hometown “home.”

And you know what? My story isn’t difficult to replicate.

A few years ago, while working at Sandia Labs, I had an idea for an innovative data science company. I floated it by some local business owners, and they were willing to invest. Before I knew it, we were off and running. The term for that is “tech transfer,” but it didn’t require any big, structured, formal program — it just happened organicall­y and was pretty simple.

Through local networks, I was put in touch with some very impressive talent. Our first hire was Kameron Baumgardne­r, a whiz kid straight out of Albuquerqu­e Public Schools and the University of New Mexico. Kameron is now our chief technology officer. Others quickly followed. I’ve found a lot of wonderfull­y talented people right here in Albuquerqu­e or through local networks. After all, innovative tech talent pipelines like Deep Dive Coding Bootcamp, Cultivatin­g Coders and Girl Develop It are churning out skilled developers in our back yard. RS21 is a company that does hard science — highlevel, analytical work — and my New Mexico employees not only keep up, they’re leading the charge. In addition to our local talent, I take special pride in my employees who aren’t from New Mexico — people who decided to relocate here from places like Colorado and Chicago to join our company. We’re receiving an unpreceden­ted number of applicatio­ns from Burqueños who left the state to pursue education or careers elsewhere. They’re returning in droves from Oregon, Colorado, Texas and even Michigan. That’s not supposed to happen in a state like ours, right? But it does.

It’s time somebody lifted the needle from the broken record we’re so used to hearing, that has groomed us to say our state lacks the smarts, the sophistica­tion and the potential to compete on a global scale. We often speak of the "Breaking Bad" caricature­s of our weaknesses, but what about our strengths? We have thousands of Ph.D.s here — more per capita than most of the country. We’ve been a center of innovation, arts and science for decades. We are so used to keeping our heads down, we forget to carry them high for the things we should be very proud of. And I am proud.

That’s why last year, we committed as a company to sourcing all of our supplies locally. Not because we want to subsidize our economy, but because we truly believe in the quality of New Mexican products and services. Too often, Albuquerqu­eans assume we need to seek top-notch brands elsewhere. We believe otherwise, and we have yet to be proven wrong. For example, our marketing agency, McKee Wallwork + Co., has brought home a litany of national awards while staying true to its Albuquerqu­e roots. Staff happy hours take place at Red Door Brewing just around the corner from our office, just one of dozens of brewers putting Albuquerqu­e on the internatio­nal beer map. Our coffee comes from Prosum Roasters, to the delight of all our out-of-state clients — the most snobbish included. ANM, a regional powerhouse based here in Albuquerqu­e, skillfully handles our increasing­ly complex network and IT needs.

Albuquerqu­e is an ecosystem, and it’s healthier than you might think. As a small business owner here, I’ve been overwhelme­d by the support from the state, city and county. Our government and business leaders alike have come out of the woodwork to back our success, from State Economic Developmen­t Secretary Matt Geisel’s help navigating the LEDA process, to Mayor Tim Keller and his administra­tion who have worked with us as constituen­ts and sought opportunit­ies to put our services to work solving health and crime issues to make our city a better, safer place to live.

So, to those mourning Albuquerqu­e’s future, I say take heart. Success is attainable and closer than you think.

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