Daily insights for city builders, delivered every morning at 6 AM ET. I’m Brandon Donnelly — a Toronto-based real estate developer and founder of Globizen. I’ve been writing here since 2013.

Category: Personal

  • Merry Christmas everyone

    I’m taking the day off from blogging (kind of), but I would be remiss if I didn’t leave you all with something city related. And so here is an article by Bloomberg CityLab talking about how the quality of municipal Christmas trees can serve as a kind of proxy for a city’s current state of affairs. In other words, the inability to execute on a reasonably good Christmas tree is perhaps a signal of other municipal problems.

    For those of you who celebrate Christmas, I hope that you’re somewhere with a tree that doesn’t look like a toilet brush or a plucked chicken (these are some of the dubious monikers that have been given to bad Christmas trees around the world). I know that this is not the Christmas we all ideally want. This time of year can be lonely without family and friends. But I think we have every reason to be optimistic about 2021.

    I wish you all health and happiness. Merry Christmas everyone.

    Photo by Roberto Nickson on Unsplash

  • The game of life

    “Anxiety is experiencing failure in advance.” — Seth Godin

    I mention and quote Seth Godin fairly often on this blog and so it only seems right to share this recent podcast that he did on the Tim Ferriss Show. Broadly speaking, the conversation is about “the game of life, the value of hacks, and overcoming anxiety.” I think most of you will find it useful regardless of what you do and what you’re involved in. It’s over an hour long, but there’s a full transcript available if you’d prefer to read, rather than listen. If you’re looking for something even shorter, here’s a quick video by Tim Ferris that has Seth talking about why worrying isn’t productive and that it’s really in service of our need for status quo and reassurance.

  • A mismatch of expectations

    Seth Godin’s blog post this morning, called “I hate this restaurant,” is really excellent. I would encourage you all to read it. In it, he talks about a mismatch of expectations. More specifically, he gives the example of somebody going to a restaurant and not liking what’s on offer, and therefore being upset. It’s not that the food was bad or that the restaurant has failed, it’s just that the person didn’t get what they were expecting. There’s a mismatch. And this, of course, happens all over the place and not just in restaurants. In his view, this failure is caused by a few different factors that ultimately result in us — the people that are involved in everything from the arts to business — having to make a decision about the kind of operation we would like to run. Below is an excerpt of those things. For the full post, click here.

    This failure comes from a few contributing factors, all amplified by our culture:

    First, you can’t know if you’re going to like an experience until you experience it. All you know is your understanding of what was on offer. And because there are so many choices and there’s so much noise, we rarely take the time to actually read the label, or we get carried away by the coming attractions, or we just don’t care enough to pay attention until we’re already involved.

    [And marketers are complicit, because in the face of too much noise, they hype what’s on offer and overpromise…]

    Second, because many people are afraid. They’re afraid of the new and even more than that, afraid of change. Most people in our culture would like to be entertained not transformed, lectured at instead of learning.

    Third, the double-edged sword of giving everyone a microphone means that we’ve amplified the voices of dissent at the same time we’ve given people a chance to speak up about their desires. This means that mass culture is far more divisive than it ever was before, and it also means that bubbles of interest are more likely to be served.

    And so the fork in the road:

    You can either turn your operation into a cross between McDonald’s and Disney, selling the regular kind, pandering to the middle, putting everything in exactly the category they hoped for and challenging no expectations…

    Or you can do the incredibly hard work of transgressing genres, challenging expectations and seeking out the few people who want to experience something that matters, instead of something that’s merely safe.

  • Emotion vs. rationality

    In life and business I find that we are often faced with decisions that pit emotion against rationality. What I mean by this is that maybe your ego is telling you to do something. And maybe, as a matter of principle, you know with certainty that you’re right. But when you take a step back and think about how that principled decision might play out, you realize that it is probably not the right life or business decision.

    In the case of the real estate development business, you might realize that it is not the right decision for the project. And that’s really the key question to be asking yourself in this business. What is most beneficial for the project? It is not about what’s most beneficial for my ego.

    Of course, taking emotion out of the equation can sometimes be difficult. Maybe you feel like you’re losing if you give in and don’t follow what you think is right. But the truth is that if emotion and rationality don’t line up, then you’re likely going to have to pick a side. And if you make a bad or the wrong business decision, then you’re definitely losing, even if your ego might feel a little better.

  • What is it that I believe?

    Back in 2008, I was living in the United States. And at that time, during the financial crisis, I remember people positing that the US wouldn’t be able to build another commercial office building for at least the next twenty years. That’s how bad things felt. People were panicking. But of course, that never happened. Yes, it took some time for real estate values to recover and for people to deleverage, but ultimately things did recover. New buildings were built and new ideas flourished.

    In fact, I’ll never forget what a close friend of mine said to me a few years after that moment in 2008. He said to me, “you know what Brandon, the crisis was probably one of the best things to happen to me. It meant that I couldn’t find a job and I was forced to start my own company. I probably wouldn’t have done that otherwise.”

    Today, we’re living through a different kind of crisis with its own set of uncertainties. Some, or perhaps many, seem to think it could lead to the demise of cities, similar to how our last crisis was supposed to lead to the demise of new office buildings (at least for a period of time). It’s easy to get caught up in narratives and headlines at times like this. And there are always ways to convince ourselves that this time might be different. Sure, we’ve had pandemics before, but previous generations didn’t have the tech that we have, right? Perhaps.

    The challenge is that we’re all trying to decode how much of what’s happening today is related to (1) short-term dislocation, (2) trends that were already happening and just got accelerated, or (3) durable and long-term structural changes. My own view is that the post-mortems will reveal more of (1) and (2), as opposed to (3). And that will mean that some of us have maybe been making long-term decisions (flee the city) based on short-term dislocation (a 1-2 year health crisis).

    Of course, I could be wrong. But it’s what I believe and what I have conviction around.

    Headlines are designed to target what Seth Godin and others refer to as our “lizard brain.” That being the primitive part of our brain that tells us when we’re, among other things, scared, hungry, fearful, and horny. What excites the lizard brain is not a headline saying that everything will probably be just fine. What excites the lizard brain is a headline saying that everything is utterly broken and a new paradigm is now upon us — pay attention or perish.

    It’s for this reason that I think it can be helpful to pause and ask yourself: “What is it that I truly believe?”

  • Living in the future

    Sam Altman’s recent blog post about how to generate ideas for startups has some invaluable tips that I think apply to much more than just new companies. As a reminder, Sam Altman is an entrepreneur and the former president of Y Combinator. So he’s had a fair bit of experience dealing with both startups and new ideas. YC also runs lots of experiments in an effort to get better at funding both great founders and great ideas. And it turns out that being able to generate a lot of new ideas is a critical skill to have when doing a startup. But again, I think you can ignore, for a moment, that Sam is even talking about startups and still find value in his words.

    Here’s the excerpt that stood out for me:

    It’s important to be in the right kind of environment, and around the right kind of people. You want to be around people who have a good feel for the future, will entertain improbable plans, are optimistic, are smart in a creative way, and have a very high idea flux. These sorts of people tend to think without the constraints most people have, not have a lot of filters, and not care too much what other people think.

    The best ideas are fragile; most people don’t even start talking about them at all because they sound silly. Perhaps most of all, you want to be around people who don’t make you feel stupid for mentioning a bad idea, and who certainly never feel stupid for doing so themselves.

    Stay away from people who are world-weary and belittle your ambitions. Unfortunately, this is most of the world. But they hold on to the past, and you want to live in the future.

    Photo by Fábio Lucas on Unsplash

  • City guides in the pre-smartphone era

    I came across this stack of old Wallpaper city guides while reorganizing a few things over the weekend (because that’s what happens on the weekends now). They are pretty beat up and color faded from travel. It looks like these guides are still being published by Phaidon (along with an app), but it’s been well over a decade since I bought one.

    I know the exact time period of the above books because I used to do really nerdy things like date and location stamp them when I got them. The Rome book was July 2007 and I picked it up in Dublin, while I was there working for a real estate developer before the global financial crisis. I also discovered old phone numbers and email addresses written inside of them. Usually it was a Hotmail address.

    What I liked about these guides is that they were fairly condensed — good for a long weekend — and they were generally design-focused — perfect for architecture nerds like me. Their restaurant, bar, and club selections were also just fine as a jumping off point. After that it was up to you to make your own adventure.

    I sent this photo to my friend Alex Feldman over the weekend — he also went without any sleep in Berlin — and he reminded me what it was like at this time. This was 2007. The first iPhone was just being released. Its map functionality was nowhere near what it is today (or didn’t exist). And I certainly didn’t have one. I had a Blackberry with a plastic wheel on the side. It was basically a giant pager.

    To navigate a city at this time meant using a physical map. It also meant getting repeatedly lost and having to ask real people where to go. Alex also reminded me that I made him wander all around Berlin so that I could buy a new pair of glasses. What can I say, this was pre-laser Brandon and I needed cool architect glasses. They ended up being red.

    As frustrating as this must have been at times, there’s something nice about traveling without knowing each and every step and without being able to summon an Uber at any point in time to take you exactly where you want to go. In fact, this is probably the central ingredient of all good travel: you need to allow yourself to be open to new experiences.

    One of the great lessons of Anthony Bourdain was that you have to get out of your comfort zone. Cities have both highs and lows, but there’s real value and authenticity in the lows if you’re willing to engage beneath the surface. Perhaps that is the irony of old fashioned guide books in the pre-smartphone era. They were supposed to tell you exactly where to go, but they actually helped you find the opposite.

    The only city that I never actually got around to visiting from the above stack is São Paulo. As you can tell, Brazil has been on my list for many years. I did make it to Rio de Janeiro a few years ago and São Paulo was supposed to be October 2020. But I’m pretty sure that trip will need to wait. Maybe I should leave my phone at home.

  • The case for being a generalist

    As many of you know, I am huge of Malcolm Gladwell. And one of the things that he has popularized through his writing is this idea that we all need to spend at least 10,000 hours specializing on someting in order to become truly exceptional at it. The Beatles did this because of all the time they spent playing music. Bill Gates did this because he was fortunate enough to have access to a computer at an early age. And Tiger Woods did this because his father gave him clubs as a toddler and got him to start practicing the game of golf. But is this truly the rule or the exception?

    In this recent TEDx Talk by David Epstein (embedded above), he argues that we’re actually ignoring one of the less intuitive but more common journeys. For every Tiger Woods, there are many Roger Federers. For every success story that hyperspecialized at an early age, there are countless examples of dilettantes who dabbled — and perhaps struggled — across different fields, only to find their true passion later in life. And so while it may seem like they’re not making progress, or even falling behind in the short term, this may not be the case in the long term.

    All of this reminded me of a post I wrote early last year about finding meaning in life and business. In it, I cited an article from New York Times Magazine recounting the outcomes of Harvard Business School graduates — some of which went on to be happy and wildly successful, and some of which ended up miserable after school. The takeaway here was that non-linear paths, experimentation, and a bit of struggle along the way, is nothing to be ashamed about. In fact, it may be exactly what is needed in order to prepare for today’s increasingly complex and wicked world.

  • Intimacy at a distance

    In 1956, Donald Horton and Richard Wohl coined the term parasocial interaction to describe the psychological relationship that people were starting to have with TV personalities. Though radio had already started this phenomenon, the television brought with it an entirely new dimension. People started to really feel as if they knew that person on TV. They had become a friend.

    But as Christopher Mims points out in this recent article about loneliness during the coronavirus pandemic, the problem with parasocial interaction is that it’s entirely one-sided. It also isn’t real: “Sitting around the house watching television, parasocializing with our favorite news anchors or sitcom characters, didn’t confer the same benefits as socializing with real people.”

    The internet has further enhanced the way we parasocialize. Similar to how TV built on radio, the internet has built on TV. Instead of just scripted television shows, we now have Instagram Stories, TikTok videos, inappropriate Snaps, and many other methods of communication, some of which are maybe a little less scripted.

    Of course, we also see our real friends online and those people we know, but never actually spend time with, maintaining only a loose “relationship” via the occasional emoji reaction. Mims argues that this has created a new kind of “mental equivalence.” It has become harder for our minds to distinguish between our real friends and our parasocial friends.

    Recently, we have all become familiar with terms like “flatten the curve” and “social distancing.” But what is clear as we all start isolating ourselves at home — whether mostly or entirely — is this: it sucks. Even with all of the tech and social media that we now have available to us, we cannot replace what it’s like to give someone a hung, look them in the eyes, and have a meaningful conversation.

    That said, the Italians seem to have really mastered this whole self-isolation thing with their balcony orchestras and internet videos like this one here:

    Stay strong, friends. Normalcy will return.

  • Telling a story through spaces

    I started watching Parasite on a flight home this past weekend (I know, I’m behind). The first couple of scenes immediately hooked me and so I ended up watching the full movie over the weekend. It’s one of the most creative movies I have seen in a long time. (To be fair, I don’t watch a lot of movies these days.) I won’t spoil it all for you here, but if you haven’t seen it yet, I would highly recommend it. One of the principal themes is social inequality. And it’s interesting to see how that gets told through the spaces within the film. The poor family lives in a “semi-basement” at the end of what appears to be a laneway. And the rich family lives, higher up, in a house designed by a famous architect. Naturally it has a big and perfectly manicured backyard. At one point in the film, you also get to see which housing type is more environmentally resilient.

    I’ll leave it there. But it’s worth checking out if you are into award-winning Korean tragicomedies.