Well the latest figures show New York is THE top entrepreneurial capital in the nation. It beats out San Francisco. In fact Silicon Valley comes fourth after not just NYC but also Boston and Providence, Rhode Island.
And who are these NYC entrepreneurs? Well they are surprisingly more likely to be in the 45-52 age bracket than in the 20-34 age bracket and they will most likely be graduates and very frequently immigrants. New York Beats Out Silicon Valley
What makes NYC so good for entrepreneurs. Well the video tells it how it is. It’s a high energy town, New Yorkers love quality and are very loyal to good products, it’s the capital of many different industries meaning there’s great synergy available to you when you’re just getting started.
And above all there are great opportunities because there are people with money who are willing to take a risk on a new business when it’s offering something good and the key man or woman shows lots of get up and go.
It’s tough making it as a small business person because big business gets treated better than small business these days, but New York has this magic ingredient above all else that helps hard working entrepreneurs. People with money who are willing to take a risk. You job is to prove to them you’re worth it.