Trends come and go - but sometimes, various geographic locations develop constant ways of life and styles of work. Whether it be the job market or the likelihood of residents launching a business, different cities are often recognized for varying professional environments. According to a roundup of the 50 most entrepreneur-friendly cities across the globe, the following cities seem to be the most productive and efficient throughout the United States:
1. Silicon Valley, USA
Coming in at #1, the most prestigious place in the world for launching a startup. Gaining capital and funding opportunities all across the Bay Area are unmatched by any other city, making it one of the most perfect locations to start a new venture. Though the competition and the standards are sky-high, the possibilities are endless.
2. Los Angeles, California
The competition is rather high in the SoCal metropolitan area. However, new business owners are equipped with the skills and knowledge to embark on entrepreneurial endeavors with less stress regarding traditional risk factors (1). This is also due to the number of angel investors who are interested in working with these companies. As of right now, technological and internet-based startups are on the rise in L.A.
3. Seattle, Washington
Home to two of the world's most innovative corporations, Microsoft and Amazon, Seattle has been a leading city within the tech industry for decades. Considering the ever-growing ecosystem of technology and digital marketplaces, Seattle is ideal for those who are beginning to network and launch their professional career. Plus, its close proximity to Silicon Valley makes for a convenient location to expand a network and advance within the workplace.
4. New York, New York
Known as the city that never sleeps for a reason, New York boasts an impressive number of successful organizations. Not only are entrepreneurs interested in e-commerce more likely to work in the East Coast tech hub, but women in tech are more likely to settle here as well. According to a global countdown of cities from MBA Central, approximately one-fifth of NYC-based tech entrepreneurs are women (1). This makes New York the global capital for women in entrepreneurship.
So What Do These Cities Have in Common?
Productivity, economic growth, and entrepreneurial success all go hand in hand. Within each city listed above, there are several things that are similar from one to the other:
- A fast-paced mindset
- Various sources of education
- Endless job opportunities
- Wide range of angel investors
- Room for growth and success
Do you live in one of these cities? Do you find yourself and your peers to have a driven and motivated outlook on life? We sure hope so! Nurturing a productive lifestyle begins when you surround yourself with productive and successful people!
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