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He listed 6 factors to ponder. 1. Low cost of living. 2. Nearby colleges and universities. 3. Community of experienced entrepreneurs. 4. Large national airp
by eugenejen 17y ago
He listed 6 factors to ponder.
1. Low cost of living.
2. Nearby colleges and universities.
3. Community of experienced entrepreneurs.
4. Large national airport.
5. Plethora of professional service providers.
6. High concentration of consumers
I think bullet points 3 to 6 make point 1 impossible.
- spamizbad 17y agoChicago has all of these in spades except for #3; which is a doosy as it's far and away the most important.
- oldgregg 17y agoChicago has a low cost of living?
- malbiniak 17y agorelative to the SF bay area? yes. (currently in chicago, moved from bay ~2 years ago)
- spamizbad 17y agoIt's not cheap if you live in a trendy neighborhood, eat out a lot, and own a car. But it is cheap if you live in a safe working-class neighborhood and rely on the CTA. In 2003 I lived in an apartment in Pilsen with 2 startup founders and lived off of $800/month - that was my share of the rent, utilities, internet, and company cellphone plan along with food. And I probably could have saved $100/month if I didn't go to bars.
- mmt 17y agoI agree in general, though it's not so all-or-nothing. Being able to live and work cheaply I find the key to be in the above, where the focus is on ability. Two cities may have very similar overall costs of living on some generally accepted scale, yet still have significantly different costs of "living" for entrepreneurs. Perhaps point 1 should really be "low minimum cost of living." Does anyone provide CoL spread information for the bigger cities?
- xiaoma 17y agoAustin, Texas
- clueless123 17y agoDallas Texas meets all six.. but IMHO it sucks for small startups (plenty of big tech firms though!) I always wondered why this is.. my hunch is that is way to conservative for "innovative" minds (hence why Austin rocks)
- wlievens 17y agoBrussels meets these, though point 1 is only true if you're not buying property. Doesn't have much of a startup scene though :-(