4 ms·
For most software-based startups it comes down to a few things: * Ease of hiring (remote workers increase the pool of available talent) * Infrastructure (incl
by kintamanimatt 13y ago
For most software-based startups it comes down to a few things:
* Ease of hiring (remote workers increase the pool of available talent)
* Infrastructure (including availability of payment solutions, ease of setting up a business, etc)
* Access to finance (which may not be necessary if bootstrapping, or bank loans are available, which is especially promising in the UK with the Enterprise Finance Guarantee)
Unless you're VC-hungry there aren't really that many barriers to creating and running a successful company in the EU. Perhaps the biggest drawback to Europe is the culture, which is less startup friendly and slightly more risk adverse compared to startup-centric locations in the US.
- MetaCosm 13y ago"Slightly more risk adverse" is a vast understatement, and goes hand in hand with the culture problem. The near permanent branding of anyone who has failed in a business venture is horrifying from an American perspective. A lot of American business success stories had failed businesses in their past. Beyond that, another major bullet point is: * Ease of firing (inability to fire creates an inability to hire, you get trapped with terrible employees)
- kintamanimatt 13y agoCouldn't agree more regarding the attitude towards failure! There's little acceptance of the idea that failure is a learning experience and multiple attempts are required to be successful. But, I think culturally it's improving, slowly. Tell someone you're an entrepreneur and working on a startup however, and it's a strange stifled reaction that's usually encountered. Firing someone isn't as difficult as you'd imagine. There are a few more hoops, but at least in the UK it's not really all that difficult and it's not like you're permanently stuck with a bad employee. Plus, this is why trial periods exist!