Entrepreneurship has an attractive set of freedoms: create any kind of business, set your own hours and manifest an ever changing job description, one free of geographical bounds. Thanks to the Internet, you can choose to start up anywhere in the world that you want to.
But just like selecting a home for your family or a school district for your kids, there are a few important factors to consider when picking a place to start a business. Note: these things should still be top of mind if you’re entertaining the idea of location independence altogether!
I asked a panel of successful young entrepreneurs the following question:
What specifically should entrepreneurs look for when seeking out a new city to launch their company?
Here are the 12 things to keep an eye out for when considering new regions to call home base for your startup:
1. Who Do You Know?
I just moved Real Bullets Branding to Boston last year. When I was deciding on a city, I looked at who I knew there that could help connect me to clients, how active the tech community was, and the cost of living.